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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER II— MORTGAGE INSURANCE · § 232

§ 232. REPORT TO CONGRESS.

127 words·~1 min read·/usc/title-12/section-232

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“Not later than 1 year after the date of the enactment of this Act [ Feb. 5, 1988 ], the Secretary shall submit to the Congress a report setting forth the activities carried out under this subtitle. The report shall include a description of the plans of action approved under subsections
(a)and
(b)of section 225 and an analysis of the extent to which the plans retain housing affordable for very low-income families or persons, lower income families or persons, and moderate income families or persons. The report shall also include a detailed description of
(1)the actions taken by the Secretary to ensure meaningful participation by affected tenants; and
(2)the incentives developed by the Secretary under section 224 to ensure compliance with this subtitle.
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