multifamily dwelling limitations

multifamily dwelling limitations Sec. 405. The first sentence of section 5(c) of the Home Owners’ Loan Act of 1933 is amended by striking out “, and the Board shall by regulation limit to not more than 20 per centum of the assets of the association the aggregate amount or amounts of the investments which may be made by an association under the foregoing provisions of this sentence on the security of property which comprises or includes more than four dwelling units or does not constitute homes or combinations of homes and business property”.