§ 1592b. Maximum construction costs; determinations by Secretary in certain condemnation proceedings
224 words·~1 min read·
/usc/title-42/section-1592bA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The cost per family dwelling unit for any housing project constructed under the authority of this subchapter shall not exceed an average of $9,000 for two-bedroom units in such project, $10,000 for three-bedroom units in such project, and $11,000 for four-bedroom units in such project: Provided, That the Secretary of Housing and Urban Development may increase any such dollar limitation by not exceeding $1,000 in any geographical area where he finds that cost levels so require:
Provided further, That in the Territories and possessions of the United States the Secretary of Housing and Urban Development may increase any such dollar limitation by 50 per centum: And provided further, That for the purposes of this section the cost of any land acquired by the Secretary of Housing and Urban Development upon the filing of a declaration of taking in proceedings for the condemnation of fee title shall be considered to be the amount determined by the Secretary of Housing and Urban Development upon the basis of competent appraisal, to be the value thereof.
(Sept. 1, 1951, ch. 378, title III, § 303, 65 Stat. 305; Pub. L. 89–174, § 5(a), Sept. 9, 1965, 79 Stat. 669.)
Connectionstraces to 1
Traces to 1 document
U.S. Code
4 references not yet in our index
- Sept. 1, 1951, ch. 378
- 65 Stat. 305
- Pub. L. 89–174, § 5(a)
- 79 Stat. 669
Citation graph
cites case law
§ 1592b
Maximum construction costs; determinations by Secretary in certain condemnation proceedings
ActSept. 1, 1951, ch. 378
Stat.65 Stat. 305
Pub. L.Pub. L. 89–174, § 5(a)
Stat.79 Stat. 669
Cites 5Cited by 0 across 0 sources