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42 U.S.C. § 1490vAnnual report

submitted 77 years ago by Pub. L. 119-101 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 124 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary must send Congress and publish an annual report about rural housing programs under this subchapter. The report must include loan performance, housing-stock information, and property risk ratings, with privacy protection allowed.

(a) In general. Each year, the Secretary must submit to the appropriate congressional committees and publish on the Department of Agriculture website a report about rural housing programs under this subchapter. It must give significant details about the health of Rural Housing Service programs, including—(1) raw loan-performance data that can be sorted by program and region; (2) the programs’ housing stock and why properties leave the programs, such as because of maturity, prepayment, foreclosure, or other servicing problems; and (3) risk ratings for assisted properties. (b) Protection of information. The data may be combined or anonymized to protect participants’ financial or personal information.
the actual law source: uscode.house.gov ↗public domain
(a) In general

The Secretary shall submit to the appropriate committees of Congress and publish on the website of the Department of Agriculture an annual report on rural housing programs carried out under this subchapter, which shall include significant details on the health of Rural Housing Service programs, including—

(1)

raw data sortable by programs and by region regarding loan performance;

(2)

the housing stock of those programs, including information on why properties end participation in those programs, such as for maturation, prepayment, foreclosure, or other servicing issues; and

(3)

risk ratings for properties assisted under those programs.

(b) Protection of information

The data included in each report required under subsection (a) may be aggregated or anonymized to protect participant financial or personal information.

Source credit: (July 15, 1949, ch. 338, title V, § 546, as added Pub. L. 119–101, title V, § 502(i), July 11, 2026, 140 Stat. 924.)

history & why it existsrecord from the source credit
  • 1949Enacted · Pub. L. 119-101 · 140 Stat. 924

A history note hasn’t been published yet. The record shows enactment by Pub. L. 119-101 on 1949-07-15.

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