CLARIFICATION OF DISPOSITION OF CERTAIN PROPERTIES.

SEC. 2801. CLARIFICATION OF DISPOSITION OF CERTAIN PROPERTIES. Notwithstanding any other provision of law, subtitle A of title II of the Deficit Reduction Act of 2005 (12 U.S.C. 1701z-11 note) and the amendments made by such title shall not apply to any transaction regarding a multifamily real property for which—(1) the Secretary of Housing and Urban Development has received, before the date of the enactment of such Act, written expressions of interest in purchasing the property from both a city government and the housing commission of such city;(2) after such receipt, the Secretary acquires title to the property at a foreclosure sale; and(3) such city government and housing commission have resolved a previous disagreement with respect to the disposition of the property.