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2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1735f Water and sewerage facilities us united_states_code code_section 12 BANKS AND BANKING 13 NATIONAL HOUSING 1735f 12 U.S.C. § 1735f current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1735f data/legal/raw/us/code/title-12/usc12.xml ae0a04ff66bb3028d56ac16b12e37f36d0d690a42f99d28726c200e06da2b8a4 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 9e3e6e043da9b93e44b2aca13252cb36dfef286cbfac75de9bdf88123a54a054 2026-07-04 official
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12 U.S.C. § 1735f - Water and sewerage facilities

Text

Notwithstanding any other provision of this chapter, no mortgage which covers new construction shall be approved for insurance under this chapter (except pursuant to a commitment made prior to August 10, 1965) if the mortgaged property includes housing which is not served by a public or adequate community water and sewerage system: Provided, That this limitation shall be applicable only to property which is not served by a system approved by the Secretary pursuant to subchapter IXA of this chapter, as such subchapter existed immediately before December 15, 1989, and which is situated in an area certified by appropriate local officials to be an area where the establishment of public or adequate community water and sewerage systems is economically feasible: Provided further, That for purposes of this section the economic feasibility of establishing such public or adequate community water and sewerage systems shall be determined without regard to whether such establishment is authorized by law or is subject to approval by one or more local governments or public bodies.

(June 27, 1934, ch. 847, title V, § 522, as added Pub. L. 89117, title II, § 217(a), Aug. 10, 1965, 79 Stat. 473; amended Pub. L. 9019, § 1(a)(3), May 25, 1967, 81 Stat. 17; Pub. L. 101235, title I, § 133(d)(4), Dec. 15, 1989, 103 Stat. 2027.)

Notes

Editorial Notes

References in TextSubchapter IXA of this chapter, referred to in text, was repealed by Pub. L. 101235, title I, § 133(a), Dec. 15, 1989, 103 Stat. 2027.

Amendments1989—Pub. L. 101235 inserted “, as such subchapter existed immediately before December 15, 1989,” after “subchapter IXA of this chapter”. 1967—Pub. L. 9019 substituted “Secretary” for “Commissioner”.