§ 1437z–2. Public housing mortgages and security interests

199 words·~1 min read·/usc/title-42/section-1437z-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Secretary may, upon such terms and conditions as the Secretary may prescribe, authorize a public housing agency to mortgage or otherwise grant a security interest in any public housing project or other property of the public housing agency. In making any authorization under subsection (a), the Secretary may consider— the ability of the public housing agency to use the proceeds of the mortgage or security interest for low-income housing uses; the ability of the public housing agency to make payments on the mortgage or security interest; and such other criteria as the Secretary may specify.

No action taken under this section shall result in any liability to the Federal Government. ( Sept. 1, 1937, ch. 896 , title I, § 30, as added Pub. L. 105–276, title V, § 516 , Oct. 21, 1998 , 112 Stat. 2550 .)

Connections32 cite this

Cited by 32 sections · top 26

CFR

§ 905.304
CF ACC term and covenant to operate.

statutes-at-large

Public Law 105–276
Making appropriations for the Departments of Veterans Affairs and Housing and Urban Development, and for sundry independent agencies, boards, commissions, corporations, and offices for the fiscal year ending September 30, 1999, and for other purposes

2 references not yet in our index

Pub. L. 105-276
112 Stat. 2550

Citation graph

cites case law

§ 1437z–2

Public housing mortgages and security interests

Fed. Reg.×30

C.F.R.×1

Stat.×1

Pub. L.Pub. L. 105-276

Stat.112 Stat. 2550

Cites 2Cited by 32 across 3 sources