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42 U.S.C. § 1490p–1 — Office of Rural Housing Preservation

submitted 77 years ago by Pub. L. 102-550 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 119 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section establishes an Office of Rental Housing Preservation within the Farmers Home Administration. The Office reviews preservation applications, assists projects, coordinates preservation activities, and monitors certain projects.

(a) Establishment There is established within the Farmers Home Administration an Office of Rental Housing Preservation (hereafter in this section referred to as the “Office”). The Office must be headed by a Director designated by the Secretary of Agriculture. (b) Purposes The purposes of the Office are: (1) to review and process applications under section 1472(c) of this title and section 1485(t) of this title related to the preservation of rural rental housing; (2) to provide technical or financial assistance to any other projects needing that assistance; (3) to coordinate and direct all other activities related to the preservation of rural housing; and (4) to monitor compliance of projects prepaid or receiving incentives under the Housing Act of 1949.

the actual law source: uscode.house.gov ↗public domain
(a) Establishment

There is established within the Farmers Home Administration an Office of Rental Housing Preservation (hereafter in this section referred to as the “Office”). The Office shall be headed by a Director designated by the Secretary of Agriculture.

(b) Purposes

The purposes of the Office are:

(1)

to review and process applications under section 1472(c) of this title and section 1485(t) of this title related to the preservation of rural rental housing;

(2)

to provide technical or financial assistance to any other projects needing such assistance;

(3)

to coordinate and direct all other activities related to the preservation of rural housing; and

(4)

to monitor compliance of projects prepaid or receiving incentives under the Housing Act of 1949.

Source credit: (July 15, 1949, ch. 338, title V, § 537, as added Pub. L. 102–550, title VII, § 712(c), Oct. 28, 1992, 106 Stat. 3841.)

history & why it existsrecord from the source credit
  • 1949Enacted · Pub. L. 102-550 · 106 Stat. 3841

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-550 on 1949-07-15.

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