12 U.S.C. § 4147 — Funding

FEDERAL · 12 U.S.C. · Chapter 42

Funding

Current through Pub. L. 119-102

Title 12 — Banks and Banking·Ch. 42 — LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP·Subch. II

The Secretary shall use not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1993, and not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1994, to carry out this subchapter. Of any amounts made available to carry out this subchapter in any appropriation Act, 90 percent shall be set aside for use in accordance with section 4143 of this title and 10 percent shall be set aside for use in accordance with subsection 1 4144 of this title.

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The Secretary shall use not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1993, and not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1994, to carry out this subchapter. Of any amounts made available to carry out this subchapter in any appropriation Act, 90 percent shall be set aside for use in accordance with section 4143 of this title and 10 percent shall be set aside for use in accordance with subsection 1 4144 of this title.

12 U.S.C. § 4147 (Funding) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 100–242, title II, §257, as added Pub. L. 102–550, title III, §312, Oct. 28, 1992, 106 Stat. 3769.)

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