Extension of Period Applicable to Single Family Housing.—

Sec. 523. Extension of Period Applicable to Single Family Housing.—(a) In General.—Section 21A(c)(2)(B) of the Federal Home Loan Bank Act (12 U.S.C. 1441a(c)(2)(B)) is amended by striking “3-month” each place it appears and inserting “3-month and one week”. (b) Effective Date.—The amendment made by subsection (a) shall apply with respect to eligible single family properties acquired by the Resolution Trust Corporation on or after the date of enactment of this Act. This Act may be cited as the “Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1992”.