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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1701z9 Expansion of home ownership opportunities in urban areas us united_states_code code_section 12 BANKS AND BANKING 13 NATIONAL HOUSING 1701z9 12 U.S.C. § 1701z9 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/s1701z9 data/legal/raw/us/code/title-12/usc12.xml dd8b6a752c828d697a8ef95a6f535b7626a926c0342c552fcae74a2fc8d80e4c e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 515c5674282286f64c053d4948076475581732e8beb9e793bb3d08a7ce97a60c 2026-07-04 official
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12 U.S.C. § 1701z9 - Expansion of home ownership opportunities in urban areas

Text

In carrying out activities under section 1701z1 of this title, the Secretary is authorized to conduct demonstrations to determine the feasibility of expanding homeownership opportunities in urban areas and encouraging the creation and maintenance of decent, safe, and sanitary housing in such areas by utilizing techniques including, but not limited to, the conversion of multifamily housing properties to condominium or cooperative ownership by individuals and families.

(Pub. L. 91609, title V, § 510, as added Pub. L. 95557, title III, § 305(b), Oct. 31, 1978, 92 Stat. 2097.)

Notes

Editorial Notes

Codification Section was enacted as part of the Housing and Urban Development Act of 1970, and not as part of the National Housing Act which comprises this chapter.

Statutory Notes and Related Subsidiaries

Study To Determine Feasibility of Underground Construction of Residential HousingPub. L. 95557, title III, § 305(c), Oct. 31, 1978, 92 Stat. 2097, required the Secretary to study the feasibility of underground construction of residential housing and necessary changes in housing codes and financing, and report to Congress no later than one year after Oct. 31, 1978 as to the findings and recommendations of legislative enactments as a result of the study.