---
type: "LegalText"
title: "15 U.S.C. § 3606"
description: "Federal Housing Administration mortgage or loan insurance; expedition of application process and decision"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 15
title_name: "COMMERCE AND TRADE"
chapter_number: "62"
chapter_name: "CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF"
section: "3606"
citation: "15 U.S.C. § 3606"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip"
source_identifier: "/us/usc/t15/s3606"
source_file: "data/legal/raw/us/code/title-15/usc15.xml"
source_hash: "04e62a9dc33be0b389316ef800130581a952dd9b41d1b322af5894f4e6dc44ca"
raw_snapshot_hash: "6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059"
text_hash: "f4fd40002be0234790aa68c18e8019dd564680d06036eb3c62d28aedbf2bb321"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 15 U.S.C. § 3606 - Federal Housing Administration mortgage or loan insurance; expedition of application process and decision

## Text

Where an application for mortgage or loan insurance in connection with a conversion or purchase of a rental housing project being undertaken by a tenants’ organization is submitted, the Secretary of Housing and Urban Development shall expedite the processing of the application in every way and shall make a final decision on such application at the earliest practicable time.

(Pub. L. 96–399, title VI, § 607, Oct. 8, 1980, 94 Stat. 1676.)