Pub. L. 104-134, tit. II, sec. 207

restructuring of the hud multifamily mortgage portfolio through state housing finance agencies

EnactedYear: 1996Length: 82 wordsOfficial source
restructuring of the hud multifamily mortgage portfolio through state housing finance agencies Sec. 207. During fiscal year 1996, the Secretary of Housing and Urban Development may sell or otherwise transfer multifamily mortgages held by the Secretary under the National Housing Act to a State housing finance agency in connection with a program authorized under section 542 (b) or (c) of the Housing and Community Development Act of 1992 without regard to the unit limitations in section 542(b)(5) or 542(c)(4) of such Act.
Pub. L. 104-134, tit. II, sec. 207: restructuring of the hud multifamily mortgage portfolio through state housing finance agencies | Justis AI