12 U.S.C. 1715l: Housing for moderate income and displaced families

2007

• Pub. L. 110–161 substituted "170 percent" for "140 percent" after "not to exceed" in two places and "215 percent in high cost areas" for "170 percent in high cost areas". (Consolidated Appropriations Act, 2008) Law text · (d), (4)

2003

• Pub. L. 108–186 substituted "140 percent in" for "110 percent in" and inserted ", or 170 percent in high cost areas," after "and by not to exceed 140 percent". Law text · (d), (4)

2002

• Pub. L. 107–326, §5(b)(4), inserted "(I)" after "(ii)" and substituted "; (II) the Secretary may, by regulation, increase any of the dollar amount limitations in subclause (I) (as such limitations may have been adjusted in accordance with section 1712a of this title)" for "; and… (FHA Downpayment Simplification Act of 2002) Law text · (d)
• Pub. L. 107–326, §5(b)(5), inserted "(I)" after "(ii)" and substituted "; (II) the Secretary may, by regulation, increase any of the dollar limitations in subclause (I) (as such limitations may have been adjusted in accordance with section 1712a of this title)" for "; and except… (FHA Downpayment Simplification Act of 2002) Law text · (d)

2001

• Pub. L. 107–73, §213(d), substituted "$42,048", "$48,481", "58,469", "$74,840", and "$83,375" for "$33,638", "$38,785", "$46,775", "$59,872", and "$66,700", respectively, and "$44,250", "$50,724", "$61,680", "$79,793", and "$87,588" for "$35,400", "$40,579", "$49,344", "$63,834"… (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2002) Law text · (d)
• Pub. L. 107–73, §213(e), substituted "$37,843", "$42,954", "$51,920", "$65,169", and "$73,846" for "$30,274", "$34,363", "$41,536", "$52,135", and "$59,077", respectively, and "$40,876", "$46,859", "$56,979", "$73,710", and "$80,913" for "$32,701", "$37,487", "$45,583", "$58,968… (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2002) Law text · (d)

2000

• Pub. L. 106–377 inserted ", except that this subparagraph shall continue to apply if the Secretary receives a mortgagee's written notice of intent to assign its mortgage to the Secretary on or before such date" after "December 31, 2002". (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001) Law text · (g)

1998

• Pub. L. 105–276, §222(1), substituted "December 31, 2002" for "September 30, 1996" in first sentence. (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1999) Law text · (g)
• Pub. L. 105–276, §222(2), added cl. (ix). (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1999) Law text · (g)

1996

• Pub. L. 104–134 substituted "1996" for "1995" in first sentence. (Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1996.) Law text · (g)

1992

• Pub. L. 102–550, §509(d), substituted "$33,638", "$38,785", "$46,775", "$59,872", "$66,700", "$35,400", "$40,579", "$49,344", "$63,834", and "$70,070" for "$28,032", "$32,321", "$38,979", "$49,893", "$55,583", "$29,500", "$33,816", "$41,120", "$53,195", and "$58,392", respective… · (d)
• Pub. L. 102–550, §509(e), substituted "$30,274", "$34,363", "$41,536", "$52,135", "$59,077", "$32,701", "$37,487", "$45,583", "$58,968", and "$64,730" for "$25,228", "$28,636", "$34,613", "$43,446", "$49,231", "$27,251", "$31,239", "$37,986", "$49,140", and "$53,942", respective… · (d)
• Pub. L. 102–550, §1012(l), inserted "(including the cost of evaluating and reducing lead-based paint hazards, as such terms are defined in section 4851b of title 42)" after "cost of repair and rehabilitation". · (d)
• Pub. L. 102–550, §516(d), which directed substitution of "issue to the mortgagee debentures having a par value" for ", subject to the cash adjustment provided herein, issue to the mortgagee debentures having total face value", was executed to text which read "having a total face … · (g)

1990

• Pub. L. 101–625, §611(b)(2), added fourth undesignated paragraph relating to authority of Secretary in establishing rental charges for project covered by mortgage bearing below market interest rate prescribed in proviso to subsec. (d)(3) of this section to include an amount that would … · (f)
• Pub. L. 101–508 added subpar. (C). · (g)
• Pub. L. 101–625, §612(b), added subsec. (l). · (l)

1988

• Pub. L. 100–242, §406(b)(10)(A), substituted "residence, except that the Secretary" for "residence: Provided, That a mortgage secured by property upon which there is located a dwelling designed principally for a two-, three-, or four-family residence shall not be insured under this … · (d)
• Pub. L. 100–242, §406(b)(10)(B), which directed that par. (2) be amended by striking out "Provided, That (i)" and all that follows through "(1) in" and inserting "Provided, That (i)(1) in", was executed by substituting "Provided, That (i)(1) in the case of a displaced family" for "Provided further,… · (d)
• Pub. L. 100–242, §406(b)(10)(C), struck out "Provided further, That nothing contained herein shall preclude the Secretary from issuing a commitment to insure, and insuring a mortgage pursuant thereto, where the mortgagor is not the owner and an occupant of the property, if the property is to be bui… · (d)
• Pub. L. 100–242, §406(b)(10)(D), which directed that par. (2) be amended in last proviso by substituting "That the mortgagor shall" for "That, if the mortgagor is the owner and an occupant of the property such mortgagor shall", was executed by substituting "That the mortgagor shall" for "That, if t… · (d)
• Pub. L. 100–242, §426(d), substituted "$28,032", "$38,979", "$49,893", "$55,583", "$29,500", "$33,816", "$41,120", "$53,195", and "$58,392" for "$21,563", "$29,984", "$38,379", "$42,756, "$22,692", "$26,012", "$31,631", "$40,919", and "$44,917", respectively. · (d)
• Pub. L. 100–242, §426(d), which directed that cl. (ii) be amended by substituting "$32,321" for "$24,862", was executed by substituting "$32,321" for "$24,662" to reflect the probable intent of Congress. · (d)
• Pub. L. 100–242, §426(h), substituted "not to exceed 110 percent in any geographical area where the Secretary finds that cost levels so require and by not to exceed 140 percent where the Secretary determines it necessary on a project-by-project basis, but in no case may any such increase exceed 90 … · (d)
• Pub. L. 100–242, §426(e), (h), substituted "$25,228", "$28,636", "$34,613", "$43,446", "$49,231", "$27,251", "$31,239", "$37,986", "$49,140", and "$53,942" for "$19,406", "$22,028", "$26,625", "$33,420", "$37,870", "$20,962", "$24,030", "$29,220", "$37,800", and "$41,494", respe… · (d)
• Pub. L. 100–242, §406(b)(11), struck out "is an owner-occupant of the property and" after "where the mortgagor". · (d)
• Pub. L. 100–707 substituted "and Emergency Assistance Act" for "Act of 1974". · (f)
• Pub. L. 100–242, §401(a)(2), struck out "No mortgage shall be insured under this section after March 15, 1988, except pursuant to a commitment to insure before that date, or except a mortgage covering property which the Secretary finds will assist in the provision of housing for displaced families." · (f)
• Pub. L. 100–200 substituted "March 15, 1988" for "December 16, 1987". · (f)
• Pub. L. 100–179 substituted "December 16, 1987" for "December 2, 1987". · (f)
• Pub. L. 100–170 substituted "December 2, 1987" for "November 15, 1987". · (f)
• Pub. L. 100–154 substituted "November 15, 1987" for "October 31, 1987". · (f)
• Pub. L. 100–122 substituted "October 31, 1987" for "September 30, 1987". · (f)
• Pub. L. 100–242, §406(b)(12), struck out "and occupied" after "or row construction that are owned" in introductory provisions. · (h)
• Pub. L. 100–242, §406(b)(13), struck out "if one of the units is to be occupied by the owner" after "approved by the Secretary". · (h)

1986

• Pub. L. 99–430 substituted "September 30, 1987" for "September 30, 1986". · (f)
• Pub. L. 99–345 substituted "September 30, 1986" for "June 6, 1986". · (f)
• Pub. L. 99–289 substituted "June 6, 1986" for "April 30, 1986". · (f)
• Pub. L. 99–272 made amendment identical to Pub. L. 99–219. See 1985 Amendment note below. · (f)
• Pub. L. 99–267 substituted "April 30, 1986" for "March 17, 1986". · (f)

1985

• Pub. L. 99–219 substituted "March 17, 1986" for "December 15, 1985". · (f)
• Pub. L. 99–156 substituted "December 15, 1985" for "November 14, 1985". · (f)
• Pub. L. 99–120 substituted "November 14, 1985" for "September 30, 1985". · (f)

1984

• Pub. L. 98–479 substituted "rehabilitated" for "rehabilited" before "by a local public agency". · (d)

1983

• Pub. L. 98–181, §423(b)(3), struck out ": Provided further, That the foregoing maximum mortgage amounts may be increased by the amount of the mortgage insurance premium paid at the time the mortgage is insured" before "; and (B)". · (d)
• Pub. L. 98–181, §432(b), struck out proviso that in no case involving refinancing would the mortgage exceed the estimated cost of repair and rehabilitation and the amount, as determined by the Secretary, required to refinance existing indebtedness secured by the property or pro… · (d)
• Pub. L. 98–181, §432(c), struck out proviso that in no case involving refinancing would the mortgage exceed the estimated cost of repair and rehabilitation and the amount, as determined by the Secretary, required to refinance existing indebtedness secured by the property or proj… · (d)
• Pub. L. 98–181, §404(b)(8), substituted "at such rate as may be agreed upon by the mortgagor and the mortgagee" for "(exclusive of premium charges for insurance and service charge, if any) at not to exceed 5 per centum per annum on the amount of the principal obligation outstanding … · (d)
• Pub. L. 98–181, §446(d), inserted "(unless otherwise approved by the Secretary)" after "periodic payments". · (d)
• Pub. L. 98–181, §401(c), substituted "September 30, 1985" for "November 30, 1983". · (f)
• Pub. L. 98–109 substituted "November 30, 1983" for "September 30, 1983". · (f)
• Pub. L. 98–35 substituted "September 30, 1983" for "May 20, 1983". · (f)
• Pub. L. 98–181, §§408, 409, designated existing provision as subpar. (A) and inserted "pursuant to a commitment to insure entered into before November 30, 1983," after "this section". · (g)
• Pub. L. 98–181, §408, added subpar. (B). · (g)

1982

• Pub. L. 97–253, §201(d)(1), inserted provision that the foregoing maximum mortgage amounts may be increased by the amount of the mortgage insurance premium paid at the time the mortgage is insured. · (d)
• Pub. L. 97–253, §201(d)(2), (3), inserted "(excluding the mortgage insurance premium paid at the time the mortgage is insured)" after "of its acquisition cost" and struck out "mortgage insurance premium," after "hazard insurance,". · (d)
• Pub. L. 97–377 inserted "(by not to exceed 140 per centum where the Secretary determines that a mortgage other than one purchased or to be purchased under section 1720 of this title by the Government National Mortgage Association in implementing its special assistance functions … · (d)
• Pub. L. 97–377 inserted "(by not to exceed 140 per centum where the Secretary determines that a mortgage other than one purchased or to be purchased under section 1720 of this title by the Government National Mortgage Association in implementing its special assistance functions … · (d)
• Pub. L. 97–289 substituted "May 20, 1983" for "September 30, 1982". · (f)

1981

• Pub. L. 97–35, §331(c), substituted "1982" for "1981". · (f)
• Pub. L. 97–35, §339B(a), inserted "therein" after "installation" and struck out "therein" after "measure". · (k)

1980

• Pub. L. 96–399, §333(c), struck out proviso relating to maturity of a mortgage insured under subsection (d)(2) of this section. · (d)
• Pub. L. 96–399, §301(c), substituted "September 30, 1981" for "October 15, 1980". · (f)
• Pub. L. 96–372 substituted "October 15, 1980" for "September 30, 1980". · (f)
• Pub. L. 96–399, §333(d), struck out applicability to determinations of lesser amount, if so determined, of three-quarters of the Secretary's estimate of the remaining economic life of the building improvements. · (i)
• Pub. L. 96–399, §310(d), added subsec. (k). · (k)

1979

• Pub. L. 96–153, §314, substituted "75 per centum" for "50 per centum" and inserted exception that the dollar amount limitations may be exceeded not to exceed 90 per centum where the Secretary determines it to be necessary. · (d)
• Pub. L. 96–153, §314, substituted "75 per centum" for "50 per centum" and inserted exception that the dollar amount limitations may be exceeded by not to exceed 90 per centum where the Secretary determines it to be necessary. · (d)
• Pub. L. 96–153 substituted "September 30, 1980" for "November 30, 1979". · (f)
• Pub. L. 96–105 substituted "November 30, 1979" for "October 31, 1979". · (f)
• Pub. L. 96–71 substituted "October 31, 1979" for "September 30, 1979". · (f)

1978

• Pub. L. 95–557, §325(a), substituted "$21,563", "$24,662", "$29,984", "$38,379", and "$42,756" for "$16,860", "$18,648", "$22,356", "$28,152" and "$31,884", respectively, and "$22,692", "$26,012", "$31,631", "$40,919", and "$44,917" for "$19,680", "$22,356", "$26,496", "$33,120"… · (d)
• Pub. L. 95–557, §325(b), substituted "$19,406", "$22,028", "$26,625", "$33,420", and "$37,870" for "$18,450", "$20,625", "$24,630", "$29,640" and "$34,846", respectively. · (d)
• Pub. L. 95–557, §301(c), substituted "September 30, 1979" for "October 31, 1978". · (f)
• Pub. L. 95–406 substituted "October 31, 1978" for "September 30, 1978". · (f)

1977

• Pub. L. 95–128, §303(c), substituted "$31,000" for "$25,000", "$36,000" for "$29,000" in two places, "$42,000" for "$33,000", "$35,000" for "$28,000", "$48,600" for "$38,880", "$59,400" for "$47,520", "$45,000" for "$36,000", "$57,600" for "$46,080" and "$68,400" for "$54,720". · (d)
• Pub. L. 95–24 struck out "other than a mortgagor referred to in subsection (d)(3) of this section," after "if executed by a mortgagor". · (d)
• Pub. L. 95–128, §301(c), substituted "September 30, 1978" for "September 30, 1977". · (f)
• Pub. L. 95–80 substituted "September 30, 1977" for "July 31, 1977". · (f)
• Pub. L. 95–60 substituted "July 31, 1977" for "June 30, 1977". · (f)

1976

• Pub. L. 94–375, §3(d), substituted "$25,000" for "$21,600", "$29,000" for "$25,200" in two places, and "$33,000" for "$28,800". · (d)
• Pub. L. 94–375, §8(b)(4), substituted "50 per centum in any geographical area" for "75 per centum in any geographical area", "$16,860" for "$11,240", "$18,648" for "$15,540", "$22,356" for "$18,630", "$28,152" for "$23,460", "$31,884" for "$26,570", "$19,680" for "$13,120", "$22… · (d)
• Pub. L. 94–375, §8(b)(5), substituted "50 per centum in any geographical area" for "75 per centum in any geographical area", "$18,450" for "$12,300", "$20,625" for "$17,188", "$24,630" for "$20,525", "$29,640" for "$24,700", "$34,846" for "$29,038", "$20,962" for "$13,975", "$24… · (d)

1975

• Pub. L. 94–173, §3, raised from 45 per centum to 75 per centum the amount by which any dollar limitation may, by regulation, be increased. · (d)
• Pub. L. 94–173, §3, raised from 45 per centum to 75 per centum the amount by which any dollar limitation may, by regulation, be increased. · (d)
• Pub. L. 94–173, §4(a), struck out a provision limiting to 10 per centum the number of dwelling units available to low and moderate income persons under the age of 62 in a project financed with a mortgage issued under subsection (d)(3) of this section. · (f)

1974

• Pub. L. 93–383, §302(c), substituted "$21,600" for "$18,000", "$25,200" for "$21,000" wherever appearing, "$28,000" for "$24,000", "$28,800" for "$24,000", "$36,000" for "$30,000", "$38,880" for "$32,400", "$46,080" for "$38,400", "$47,520" for "$39,600", and "$54,720" for "$45,6… · (d)
• Pub. L. 93–383, §319(a), inserted exception for certification of projects assisted or to be assisted pursuant to section 8 of the United States Housing Act of 1937. · (d)
• Pub. L. 93–383, §304(e)(1), struck out cl. (i) which set forth mortgage ceiling of $12,500,000. · (d)
• Pub. L. 93–383, §303(d), substituted "$11,240" for "$9,200", "$13,120" for "$10,925", "$15,540" for "$12,937.50", "$16,200" for "$13,500", "$18,630" for "$15,525", "$22,080" for "$18,400", "$23,460" for "$19,550" "$26,570" for "$22,137.50", "$27,600" for "$23,000", and "$32,000"… · (d)
• Pub. L. 93–383, §304(e)(2), struck out cl. (i) which set forth mortgage ceiling of $12,500,000. · (d)
• Pub. L. 93–383, §303(e), substituted "$12,300" for "$9,200", "$13,975" for "$10,525", "$17,188" for "$12,937.50", "$20,025" for "$15,525", "$20,525" for "$15,525", "$24,350" for "$18,400", "$24,700" for "$19,550", "$29,038" for "$22,137.50", "$31,500" for "$23,000", and "$34,578… · (d)
• Pub. L. 93–383, §316(c), substituted "June 30, 1977" for "October 1, 1974". · (f)
• Pub. L. 93–288 substituted "the Disaster Relief Act of 1974" for "the Disaster Relief Act of 1970". · (f)

1973

• Pub. L. 93–117 extended the mortgage insurance authority under this section from Oct. 1, 1973, to Oct. 1, 1974. · (f)
• Pub. L. 93–85 extended the mortgage insurance authority under this section from June 30, 1973, to Oct. 1, 1973. · (f)

1972

• Pub. L. 92–503 extended the mortgage insurance authority under this section from October 1, 1972 to June 30, 1973. · (f)

1970

• Pub. L. 91–609 in second par., substituted "October 1, 1972" for "January 1, 1971"; provided for use of certain housing facilities for classroom purposes where public schools in the community are overcrowded due in part to attendance of residents of the property or project; dispensed w… · (f)
• Pub. L. 91–606 substituted "the Disaster Relief Act of 1970" for "the Act entitled 'An Act to authorize Federal assistance to States and local governments in major disasters, and for other purposes', approved September 30, 1950, as amended". · (f)
• Pub. L. 91–525 substituted "January 1, 1971" for "December 1, 1970". · (f)
• Pub. L. 91–473 substituted "December 1, 1970" for "November 1, 1970". · (f)
• Pub. L. 91–432 substituted "November 1, 1970" for "October 1, 1970". · (f)

1969

• Pub. L. 91–152, §113(e)(1), (2), substituted "$18,000" for "$15,000", "$21,000" for "$17,500", wherever appearing, "$24,000" for "$20,000" wherever appearing, "$30,000" for "$25,000", "$32,400" for "$27,000", "$38,400" for "$32,000", "$39,600" for "$33,000", and "$45,600" for "$38,0… · (d)
• Pub. L. 91–152, §113(e)(3), (4), substituted "$9,200" for "$8,000", "$10,925" for "$9,500", "$12,937.50" for "$11,250", "$15,525" for "$13,500" wherever appearing, "$18,400" for "$16,000", "$19,550" for "$17,000", "$22,137.50" for "$19,250", "$23,000" for "$20,000", and "$26,162… · (d)
• Pub. L. 91–152, §113(e)(5), (6), substituted "$9,200" for "$8,000", "$10,925" for "$9,500", "$12,937.50" for "$11,250", "$15,525" for "$13,500" wherever appearing, "$18,400" for "$16,000", "$19,550" for "$17,000", "$22,137.50" for "$19,250", "$23,000" for "$20,000", and "$26,162… · (d)
• Pub. L. 91–152, §101(c), substituted "October 1, 1970" for "January 1, 1970". · (f)
• Pub. L. 91–78 substituted "January 1, 1970" for "October 1, 1969". · (f)
• Pub. L. 91–152, §113(e)(7), substituted "$18,000" for "$15,000". · (h)

1968

• Pub. L. 90–448, §§101(b)(1), 305, increased maximum amount of mortgages for single-family residences from $12,500 to $15,000 (or $17,500 if mortgagor's family includes five or more persons), and in geographical areas where costs levels so require from $15,000 to $17,500 (or $20,0… · (d)
• Pub. L. 90–448, §101(b)(2), inserted ", in cash or its equivalent" in cl. (2), and inserted proviso directing that a mortgagor who is the owner and an occupant of the property be given the opportunity to contribute the value of his labor as equity in such dwelling. · (d)
• Pub. L. 90–448, §311(b), inserted proviso to permit the mortgage to involve the financing of the purchase of property which has been rehabilitated by a local public agency with Federal assistance pursuant to section 1460(c)(8) of title 42. · (d)
• Pub. L. 90–448, §§105(d), 306, authorized the Secretary to insure mortgages meeting the requirements of subsec. (i) or (j) of this section, struck out "if the mortgagor waives the right to receive dividends on its equity investment in the portion thereof devoted to community and shoppi… · (f)
• Pub. L. 90–448, §105(b), included mortgages meeting requirements of par. (2) of subsec. (i) of this section. · (g)
• Pub. L. 90–448, §105(c), included mortgages meeting requirements of par. (2) of subsec. (j) of this section. · (g)
• Pub. L. 90–448, §316(a), reduced number of one-family dwellings from five or more to four or more, and permitted the mortgage to cover four or more one-family units in a structure or structures for which a plan of family unit ownership approved by the Secretary is established. · (h)
• Pub. L. 90–448, §101(c)(2), increased aggregate principal balance of mortgages insured from $20,000,000 to $50,000,000. · (h)
• Pub. L. 90–448, §101(c)(1), permitted mortgage to bear interest at such lower rate, not less than 1 per centum, as the Secretary may prescribe if in his judgment purchaser's income is sufficiently low to justify the lower rate, and inserted proviso requiring rate of interest … · (h)
• Pub. L. 90–448, §101(c)(3), added par. (6). · (h)
• Pub. L. 90–448, §316(b), added pars. (7) and (8). · (h), (8)
• Pub. L. 90–448, §105(a), added subsecs. (i) and (j). · (i), (j)

1967

• Pub. L. 90–19, §1(a)(3), substituted "Secretary" for "Commissioner" wherever appearing in subsecs. (b), (d)(1) to (3), (d)(3)(ii), (iii), (d)(4), (d)(4)(ii) to (iv), (d)(5), (6), (e)(1), (2), (f), and (g)(3), (4).
• Pub. L. 90–19, §1(a)(4), substituted "Secretary's" for "Commissioner's" wherever appearing in pars. (2), (3)(iii), (4)(iv), and (6). · (d)

1966

• Pub. L. 89–769, §4(a), substituted "displaced families" for "families displaced from urban renewal areas or as a result of governmental action". · (a)
• Pub. L. 89–769, §4(a), substituted "displaced family" for "family displaced from an urban renewal area or as a result of governmental action" wherever appearing. · (d), (6)
• Pub. L. 89–754, §307, increased maximum amount of mortgages for single-family and two-family residences from $11,000 and $18,000 to $12,500 and $20,000, respectively. · (d)
• Pub. L. 89–769, §4(a), substituted "displaced families" for "families displaced by urban renewal or other governmental action". · (d)
• Pub. L. 89–769, §4(a), (b), substituted "displaced families" for "families displaced from urban renewal areas or as a result of governmental action", and inserted definition of "displaced family" and "displaced families". · (f)
• Pub. L. 89–754, §§308, 309, 310(c), inserted in first sentence provision for nondwelling facilities in projects in urban renewal areas, inserted provision respecting single occupants in housing under subsec. (d)(3) of this section, and inserted in fourth sentence "or which meet the requirements of … · (f)
• Pub. L. 89–754, §310(b)(1), inserted "or paragraph (5) of subsection (h) of this section". · (g)
• Pub. L. 89–754, §310(b)(2), inserted "or paragraph (1) of subsection (h) of this section". · (g)
• Pub. L. 89–754, §310(a), added subsec. (h). A prior subsec. (h) was repealed by Pub. L. 89–117, title XI, §1108(i)(4), Aug. 10, 1965, 79 Stat. 505. · (h)

1965

• Pub. L. 89–117, §207(d), substituted "$17,000 per family unit with three bedrooms, and $19,250 per family unit with four or more bedrooms" for "and $17,000 per family unit with three or more bedrooms" and "$20,000 per family unit with three bedrooms, and $22,750 per family unit … · (d)
• Pub. L. 89–117, §§207(d), 1108(i)(1), substituted "$17,000 per family unit with three bedrooms, and $19,250 per family unit with four or more bedrooms" for "and $17,000 per family unit with three or more bedrooms" and "$20,000 per family unit with three bedrooms, and $22,750 per fam… · (d)
• Pub. L. 89–117, §102(b), substituted "not less than the lower of (A) 3 per centum per annum, or (B) the annual rate of interest determined" for "not less than the annual rate of interest determined" in proviso. · (d)
• Pub. L. 89–117, §§102(a), 1108(i)(1), substituted "this section after October 1, 1969" for "subsection (d)(2) or (d)(4) after September 30, 1965, or under subsection (d)(3) after September 30, 1965" and substituted "General Insurance Fund" for "section 221 Housing Insurance Fund". · (f)
• Pub. L. 89–117, §1108(i)(1), substituted "General Insurance Fund" for "section 221 Housing Insurance Fund". · (g)
• Pub. L. 89–117, §1108(i)(2), struck out provision that all references in section 1713 to the Housing Insurance Fund or the Housing Fund shall be construed to refer to the section 221 Housing Insurance Fund. · (g)
• Pub. L. 89–117, §1108(i)(1), (3), substituted "General Insurance Fund" for "section 221 Housing Insurance Fund" and struck out provision that all references in section 1713 of this title to the Housing Insurance Fund, the Housing Fund, or the Fund shall be construed to refer to the … · (g)
• Pub. L. 89–117, §1108(i)(4), repealed subsec. (h) which created the section 221 Housing Insurance Fund, provided for the transfer of funds thereto, authorized the purchase and cancellation of debentures and the credit and payment of charges and fees. · (h)

1964

• Pub. L. 88–560, §114(a), inserted ", or other mortgagor approved by the Commissioner, and" after "or association". · (d)
• Pub. L. 88–560, §107(d)(1), (2), changed limits on mortgages for property or project attributable to dwelling use from "$2,250 per room (or $8,500 per family unit if the number of rooms in such property or project is less than four per family unit)" to "$8,000 per famil… · (d), (4)
• Pub. L. 88–560, §114(c), inserted "Provided further, That in the case of any mortgagor other than a nonprofit corporation or association, cooperative (including an investor-sponsor), or public body, or a mortgagor meeting the special requirements of subsection (e)(1), the amoun… · (d)
• Pub. L. 88–560, §114(b), added par. (1) and designated existing provisions as par. (2). · (e)
• Pub. L. 88–560, §§114(d), 202, 203(b), extended the mortgage insurance authority under subsec. (d)(2) and (4) of this section from July 1, 1965 to Sept. 30, 1965, inserted definition of "family", and substituted in such definition "person who is sixty-two years of age or over, or who i… · (f)
• Pub. L. 88–560, §105(c)(2), substituted a period for "; or" and inserted "If the insurance is paid in cash, there shall be added to such payment an amount equivalent to the interest which the debentures would have earned, computed to a date to be established pursuant to regulations … · (g)

1963

• Pub. L. 88–54 extended mortgage insurance authority under subsec. (d)(2) and (4) of this section from July 1, 1963, to July 1, 1965. · (f)

1961

• Pub. L. 87–70, §101(a)(1), added section catchline.
• Pub. L. 87–70, §101(a)(2), redefined the purpose of this section as one to assist private industry in providing housing for low and moderate income families and families displaced from urban renewal areas or as a result of governmental action, and eliminated provisions which required l… · (a)
• Pub. L. 87–70, §101(a)(3), empowered the Commissioner to insure advances during construction on mortgages covering property of the character described in pars. (3) and (4) of subsec. (d) of this section. · (b)
• Pub. L. 87–70, §101(a)(4), (5), increased the maximum amount of mortgages for single-family residences from $9,000 to $11,000, three-family residences from $25,000 to $27,000 and for four-family residences from $32,000 to $33,000, increased the maximum amount of mortgages that the C… · (d)
• Pub. L. 87–70, §101(a)(6), included public bodies and agencies which certify that they are not receiving financial assistance exclusively pursuant to the United States Housing Act of 1937 cooperatives, and limited dividend corporations, increased the maximum amount of mortgages from… · (d)
• Pub. L. 87–70, §101(a)(7)–(10), substituted "other than a mortgagor referred to in subsection (d)(3) of this section" for "which is not a nonprofit organization" in opening provisions, increased the maximum amount of mortgages from not more than $9,000 per family unit for such part … · (d)
• Pub. L. 87–70, §101(a)(10), (11), struck out provisions which required the mortgage to provide for complete amortization by periodic payments within such terms as the Commissioner may prescribe, but not to exceed 40 years from the date of insurance of the mortgage or three-quarters … · (d)
• Pub. L. 87–70, §101(a)(10), added par. (6). · (d)
• Pub. L. 87–70, §101(a)(12), required a property or project covered by a mortgage insured under subsec. (d)(3) or (d)(4) of this section to include five or more family units, empowered the Commissioner to adopt such procedures and requirements to assure that the dwelling accommodations … · (f)
• Pub. L. 87–70, §101(a)(13), (14), added par. (3), redesignated former par. (3) as (4), and substituted "this paragraph" for "this paragraph (3)". · (g), (4)
• Pub. L. 87–70, §101(a)(15), inserted "cash payments," after "cash adjustments," in last sentence. · (h)

1959

• Pub. L. 86–372, §110(a)(1), (2), inserted provisions in first par. to authorize assistance in relocating families residing in the environs of a community described in cl. (2) which are to be displaced as the result of governmental action, inserted provisions in second par. making mortg… · (a)
• Pub. L. 86–372, §110(b), required a mortgage to be secured by property upon which there is located a dwelling conforming to applicable standards prescribed by the Commissioner under subsec. (f) of this section, and meeting the requirements of all State laws, or local ordinances or r… · (d)
• Pub. L. 86–372, §110(c)(1), (2), substituted "$12,000" for "$10,000", and "not in excess of (1) in the case of new construction, the amount which the Commissioner estimates will be the replacement cost of the property or project when the proposed improvements are completed (the repl… · (d)
• Pub. L. 86–372, §110(c)(3), added par. (4) and redesignated former par. (4) as (5). · (d), (5)
• Pub. L. 86–372, §110(d), authorized the property or project to include such commercial and community facilities as the Commissioner deems adequate to serve the occupants. · (f)
• Pub. L. 86–372, §116(b), inserted reference to subsec. (k) of section 1710 of this title. · (g)
• Pub. L. 86–372, §110(e), substituted "paragraph (3) or (4)" for "paragraph (3)". · (g)

1957

• Pub. L. 85–104 substituted "(h), and (j) of section 1710 of this title" for "and (h) of section 1710 of this title". · (g)