ALLcrimesfood&drugstaxestelecomcommercehealthconservationtransportationagricultureveteransbrowse all titles »
0

42 U.S.C. § 1592b — Maximum construction costs; determinations by Secretary in certain condemnation proceedings

submitted 75 years ago by ch. 378 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 175 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section limits the average cost per family dwelling unit in housing projects, with specified increases allowed by the Secretary. It also states how condemned land is valued for this purpose.

The cost per family dwelling unit for any housing project constructed under the authority of this subchapter must not exceed an average of $9,000 for two-bedroom units in such project, $10,000 for three-bedroom units in such project, and $11,000 for four-bedroom units in such project: Provided , That the Secretary of Housing and Urban Development may increase any such dollar limitation by not exceeding $1,000 in any geographical area where he finds that cost levels so require: Also , That in the Territories and possessions of the United States the Secretary of Housing and Urban Development may increase any such dollar limitation by 50 percent: Also , That For this section the cost of any land acquired by the Secretary of Housing and Urban Development upon the filing of a declaration of taking in proceedings for the condemnation of fee title must be considered to be the amount determined by the Secretary of Housing and Urban Development upon the basis of competent appraisal, to be the value of it.
the actual law source: uscode.house.gov ↗public domain

The cost per family dwelling unit for any housing project constructed under the authority of this subchapter shall not exceed an average of $9,000 for two-bedroom units in such project, $10,000 for three-bedroom units in such project, and $11,000 for four-bedroom units in such project: Provided, That the Secretary of Housing and Urban Development may increase any such dollar limitation by not exceeding $1,000 in any geographical area where he finds that cost levels so require: Provided further, That in the Territories and possessions of the United States the Secretary of Housing and Urban Development may increase any such dollar limitation by 50 per centum: And provided further, That for the purposes of this section the cost of any land acquired by the Secretary of Housing and Urban Development upon the filing of a declaration of taking in proceedings for the condemnation of fee title shall be considered to be the amount determined by the Secretary of Housing and Urban Development upon the basis of competent appraisal, to be the value thereof.

Source credit: (Sept. 1, 1951, ch. 378, title III, § 303, 65 Stat. 305; Pub. L. 89–174, § 5(a), Sept. 9, 1965, 79 Stat. 669.)

history & why it existsrecord from the source credit
  • 1951Enacted · Act of Sept. 1, 1951, ch. 378 · 65 Stat. 305
  • 1965Amended · Pub. L. 89-174 · 79 Stat. 669

A history note hasn’t been published yet. The record shows enactment by ch. 378 on 1951-09-01.

all 0 arguments · sorted by: best

0/280

no arguments yet — make the first case