Public Law 119-102 (07/12/2026)

12 U.S.C. § 1715z–1c

Regulation of rents in insured projects

Section text and notes

12 U.S.C. 1701After , the Secretary of Housing and Urban Development shall control rents and charges as they were controlled prior to , for any multifamily housing project insured under the National Housing Act [ et seq.] if—
(1)
during the period of , through , the project owner and the Secretary have not executed, and the project owner has not filed a written request with the Secretary to enter into, an amendment to the regulatory agreement pursuant to regulations published by the Secretary on , or , electing to deregulate rents or utilize an alternative formula for determining the maximum allowable rents pursuant to regulations published by the Secretary on , or ; and
(2)
(A)
section 1437f of title 42section 1437f(b)(1) of title 42 the project was, as of , receiving a housing assistance payment under a contract pursuant to (other than under the existing housing certificate program of ); or
(B)
1
1 Probably should be a reference to section 1437a(b)(2).
not less than 50 percent of the units in the project are occupied by lower income families (as defined in section 1437a(a)(2)  of title 42).

Pub. L. 100–242, title IV, § 425101 Stat. 1915 (, , .)

Editorial Notes

References in Text

act June 27, 1934, ch. 847 48 Stat. 1246 section 1701 of this titleThe National Housing Act, as amended, referred to in text, is , , which is classified principally to this chapter (§ 1701 et seq.). For complete classification of this Act to the Code, see and Tables.

Codification

Section was enacted as part of the Housing and Community Development Act of 1987, and not as part of the National Housing Act which comprises this chapter.