US Code

Public Law 119-73 (01/23/2026)

22 U.S.C. § 2182

Authorization for worldwide shelter guarantees

(a)

Authorization to issue guarantees to eligible investors

section 2181 of this title1

1 See References in Text note below.
section 2181 of this titleTo carry out the policy of , the President is authorized to issue guaranties to eligible investors (as defined in section 2198(c)  of this title) assuring against losses incurred in connection with loans made for projects meeting the criteria set forth in . The total principal amount of guaranties issued under this subpart or heretofore issued under prior housing guaranty authorities, which are outstanding at any one time, shall not exceed $2,558,000,000. The authority of this section shall continue through . The President may issue regulations from time to time with regard to the terms and conditions upon which such guaranties shall be issued and the eligibility of lenders.

(b)

Emphasis on certain activities

Activities carried out under this section shall emphasize—
(1)
projects which provide improved home sites to poor families on which to build shelter, and related services;
(2)
projects comprised of expandable core shelter units on serviced sites;
(3)
slum upgrading projects designed to conserve and improve existing shelter;
(4)
shelter projects for low-income people designed for demonstration or institution building purposes; and
(5)
community facilities and services in support of projects authorized under this section to improve the shelter occupied by the poor.
(c)

Use of solar energy technology

In issuing guaranties under this section with respect to projects in a country which require the use or conservation of energy, the President shall give consideration to the use of solar energy technologies, where such technologies are economically and technically feasible. Technologies which may be used include solar hot water systems, solar heating and cooling, passive solar heating, biomass conversion, photovoltaic and wind applications, and community-scale solar thermal applications.

(k)

2
2 So in original. No subsecs. (d) to (j) have been enacted.
  Minimum annual program levels

The total principal amount of guaranties issued under this section for each of the fiscal years 1986 and 1987 shall be comparable to the total principal amount of such guaranties issued for fiscal year 1984, subject to the dollar limitations on the issuance of guaranties under this section which are contained in subsection (a) and in appropriation Acts.

Pub. L. 87–195Pub. L. 91–17583 Stat. 807Pub. L. 94–161, title III, § 311(4)89 Stat. 861Pub. L. 95–88, title I, § 117(a)(2)91 Stat. 540Pub. L. 95–424, title I, § 115(a)92 Stat. 950Pub. L. 96–53, title I, § 112(a)93 Stat. 363Pub. L. 97–113, title III, § 310(a)95 Stat. 1535Pub. L. 98–473, title I, § 101(1)98 Stat. 1884Pub. L. 99–83, title III, § 313(a)99 Stat. 216Pub. L. 100–202, § 101(e) [title II, § 201]101 Stat. 1329–131Pub. L. 101–167, title II103 Stat. 1205Pub. L. 101–302, title II104 Stat. 224Pub. L. 101–513, title II104 Stat. 1989(, pt. I, § 222, as added , pt. I, § 105, , ; amended , , ; , , ; , , ; , , ; , , ;  [title V, § 541(a)], , , 1903; –(c), , , 217; , , , 1329–142; , , ; , , ; , , .)

Editorial Notes

References in Text

Section 2198(c) of this titlePub. L. 115–254, div. F, title VI, § 1464(2)132 Stat. 3513, referred to in subsec. (a), was repealed by , , .

Codification

Pub. L. 98–473Pub. L. 98–473Amendment by is based on section 311(b) of H.R. 5119, Ninety-eighth Congress, as passed by the House of Representatives , which was enacted into permanent law by .

Prior Provisions

section 222 of Pub. L. 87–19575 Stat. 430Pub. L. 87–56576 Stat. 257Pub. L. 88–20577 Stat. 381Pub. L. 89–17179 Stat. 654Pub. L. 89–58380 Stat. 798Pub. L. 90–13781 Stat. 451Pub. L. 91–17583 Stat. 807A prior , pt. I, , , as amended by , pt. I, § 104(b), , ; , pt. I, § 104(b)–(f), , , 382; , pt. I, § 104(c), , ; , pt. I, § 104(b), , ; , pt. I, § 104(b), , , contained general provisions concerning foreign investment guaranties, prior to the general reorganization of this subpart by , pt. I, § 105, , .

Amendments

Pub. L. 101–5131990—Subsec. (a). substituted “1992” for “1991”.

Pub. L. 101–302 substituted “$2,558,000,000” for “$2,158,000,000”.

Pub. L. 101–1671989—Subsec. (a). substituted “1991” for “1990”.

Pub. L. 100–2021987—Subsec. (a). substituted “1990” for “1988”.

Pub. L. 99–83, § 313(a)1985—Subsec. (a). , (b), substituted “$2,158,000,000” for “$1,958,000,000” and “1988” for “1986”.

Pub. L. 99–83, § 313(c)Subsec. (k). , added subsec. (k).

Pub. L. 98–4731984—Subsec. (a). substituted “$1,958,000,000” for “$1,718,000,000” and “1986” for “1984”.

Pub. L. 97–1131981—Subsec. (a). increased limitation on total principal amount of outstanding guarantees to $1,718,000,000 from $1,555,000,000 and extended termination date for exercise of guarantee authority to , from .

Pub. L. 96–531979—Subsec. (a). substituted “$1,555,000,000” for “$1,180,000,000”, and “through ” for “until ”.

Pub. L. 95–4241978— amended section generally to provide a new consolidated section which provides a single authorization for the worldwide housing guarantee program, a new list of the types of programs to be emphasized, increased the worldwide authorization to $1,180,000,000, and encourages officials and governments in developing countries to consider the use of solar energy in housing projects.

Pub. L. 95–88section 2181 of this title1977—Subsec. (c). inserted “or under ” after “Latin American housing guaranty authority repealed by the Foreign Assistance Act of 1969” and substituted “$1,030,000,000” for “$600,000,000”.

Pub. L. 94–1611975—Subsec. (c). substituted “$600,000,000” for “$550,000,000”.

Statutory Notes and Related Subsidiaries

Effective Date of 1985 Amendment

Pub. L. 99–83section 1301 of Pub. L. 99–83section 2151–1 of this titleAmendment by effective , see , set out as a note under .

Effective Date of 1979 Amendment

Pub. L. 96–53section 512(a) of Pub. L. 96–53section 2151 of this titleAmendment by effective , see , set out as a note under .

Effective Date of 1978 Amendment

Pub. L. 95–424section 605 of Pub. L. 95–424section 2151 of this titleAmendment by effective , see , set out as a note under .

Executive Documents

Delegation of Functions

section 2381 of this titleFor delegation of functions of President under this section, see Ex. Ord. No. 12163, , 44 F.R. 56673, as amended, set out as a note under .