42 USC 12877 - Exemption

U.S Code last checked for updates: Nov 22, 2024

§ 12877.

Exemption

Eligible property covered by a homeownership program approved under this part shall not be subject to—

(1)

the Low-Income Housing Preservation and Resident Homeownership Act of 1990 [12 U.S.C. 4101 et seq.], or

(2)

the requirements of section 1701z–11 of title 12 applicable to the sale of projects either at foreclosure or after acquisition by the Secretary.

(Pub. L. 101–625, title IV, § 427, Nov. 28, 1990, 104 Stat. 4171.)

cite as: 42 USC 12877