FEDERAL · 42 U.S.C. · Chapter SUBCHAPTER I—GENERAL PROGRAM OF ASSISTED HOUSING
Financing limitations
42 U.S.C. § 1437q
Title42 — The Public Health and Welfare
ChapterSUBCHAPTER I—GENERAL PROGRAM OF ASSISTED HOUSING
This text of 42 U.S.C. § 1437q (Financing limitations) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
42 U.S.C. § 1437q.
Text
On and after October 1, 1983, the Secretary—
(1)may only enter into contracts for annual contributions regarding obligations financing public housing projects authorized by section 1437c(c) of this title if such obligations are exempt from taxation under section 1437i(b) of this title, or if such obligations are issued under section 1437b of this title and such obligations are exempt from taxation; and
(2)may not enter into contracts for periodic payments to the Federal Financing Bank to offset the costs to the Bank of purchasing obligations (as described in the first sentence of section 2294(b) of title 12) issued by local public housing agencies for purposes of financing public housing projects authorized by section 1437c(c) of this title.
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History
(Sept. 1, 1937, ch. 896, title I, §19, as added Pub. L. 98–181, title I [title II, §215], Nov. 30, 1983, 97 Stat. 1185; renumbered title I, Pub. L. 100–358, §5, June 29, 1988, 102 Stat. 681.)
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42 U.S.C. § 1437q, Counsel Stack Legal Research, https://law.counselstack.com/usc/42/1437q.