Editorial Notes
References in Text

The National Housing Act, referred to in subsec. (a), is act June 27, 1934, ch. 847, 48 Stat. 1246. Title II of the National Housing Act is classified principally to subchapter II (§ 1707 et seq.) of chapter 13 of Title 12, Banks and Banking. For complete classification of this Act to the Code, see section 1701 of Title 12 and Tables.

Amendments

1998—Subsec. (f)(4)(A). Puspan. L. 105–276, in first sentence, substituted “each fiscal year” for “fiscal year 1998” and, in second sentence, substituted “During each fiscal year” for “During such fiscal year” and substituted “from amounts available for assistance under paragraphs (2) and (5) of section 1490a(a) of this title, an amount” for “an amount of section 521 rental assistance”.

1997—Subsec. (f)(4)(A). Puspan. L. 105–86 substituted “fiscal year 1998” for “fiscal year 1997”.

1996—Subsec. (f)(4)(A). Puspan. L. 104–180 substituted “fiscal year 1997” for “fiscal year 1996”.

Puspan. L. 104–120 substituted “fiscal year 1996” for “fiscal years 1993 and 1994” and “During such fiscal year” for “During each such fiscal year”.

1992—Subsec. (f)(1). Puspan. L. 102–550, § 705(a)(1), substituted “in each fiscal year” for “in each of fiscal years 1991 and 1992” in introductory provisions.

Subsec. (f)(2). Puspan. L. 102–550, § 705(a)(2), inserted concluding provisions.

Subsec. (f)(4)(A). Puspan. L. 102–550, § 705(a)(3), substituted “an amount equal to 5.0 percent in fiscal years 1993 and 1994” for “an amount equal to 3.5 percent in fiscal year 1991 and 5.0 percent in fiscal year 1992”.

Subsec. (f)(4)(B)(ii). Puspan. L. 102–550, § 705(c), inserted “, or in close proximity to, and serving the residents of,” before “a colonia”.

Subsec. (f)(8)(C) to (E). Puspan. L. 102–550, § 705(span), redesignated subpar. (D) as (C), struck out former subpar. (C) which read as follows: “is designated by the State or county in which it is located as a colonia;”, added subpar. (D), and struck out subpar. (E) which read as follows: “was in existence and generally recognized as a colonia before November 28, 1990.”

1990—Subsecs. (d), (e). Puspan. L. 101–625, § 708, added subsec. (d) and redesignated former subsec. (d) as (e).

Subsec. (f). Puspan. L. 101–625, § 709(span), added subsec. (f).

1983—Subsec. (a). Puspan. L. 98–181 inserted provisions relating to standards, designated cls. (1) to (4), the compliance with which will result in approval by the Secretary, and inserted provision relating to the promotion of the use of energy saving techniques.

1979—Subsec. (c). Puspan. L. 96–153 substituted “within thirty-six months after October 12, 1977” for “within eighteen months after October 12, 1977”.

1977—Subsecs. (c), (d). Puspan. L. 95–128 added subsecs. (c) and (d).

Statutory Notes and Related Subsidiaries
Effective Date of 1996 Amendment

Amendment by Puspan. L. 104–120 to be construed to have become effective Oct. 1, 1995, see section 13(a) of Puspan. L. 104–120, set out as an Effective and Termination Dates of 1996 Amendments note under section 1437d of this title.

Regulations

Puspan. L. 101–625, title VII, § 709(c), Nov. 28, 1990, 104 Stat. 4290, provided that:

“Not later than the expiration of the 120-day period beginning on the date of enactment of the Cranston-Gonzalez National Affordable Housing Act [Nov. 28, 1990], the Secretary of Agriculture shall issue any regulations necessary to carry out the amendment made by this section [amending this section].”

Housing in Underserved Areas

Puspan. L. 101–625, title VII, § 709(a), Nov. 28, 1990, 104 Stat. 4288, provided that:

“The purpose of this section [amending this section and enacting provisions set out above] is to improve the quality of affordable housing in communities that have extremely high concentrations of poverty and substandard housing and that have been underserved by rural housing programs, including extremely distressed areas in the Lower Mississippi Delta and other regions of the Nation, by directing Farmers Home Administration assistance toward designated underserved areas.”

Exemptions of Existing Dwellings From Living Area Limitations; Authority of District Offices of Farmers’ Home Administration

Puspan. L. 100–202, § 101(k) [title VI, § 632], Dec. 22, 1987, 101 Stat. 1329–322, 1329–356, provided that:

“During fiscal year 1988 and each succeeding fiscal year, the Secretary of Agriculture shall permit each district office of the Farmers Home Administration to exempt any existing dwelling from any limitation established by the Secretary on the number of square feet of living area that may be contained in a dwelling to be eligible for a loan under section 502 of the Housing Act of 1949 [section 1472 of this title], if the dwelling is modest in design, size, and cost for the area in which it is located.”