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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. § 1712a Indexing of FHA multifamily housing loan limits us united_states_code code_section 12 BANKS AND BANKING 13 NATIONAL HOUSING 1712a 12 U.S.C. § 1712a 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/s1712a data/legal/raw/us/code/title-12/usc12.xml b30d5224095b05b8f36835bb6b81f1d106061ceab8979bb591ef2fc8fe359634 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 4bea6107e09762a3a10938d92a50f6b7e2d5c55d938ae81c71485afa3dd55ee7 2026-07-04 official
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12 U.S.C. § 1712a - Indexing of FHA multifamily housing loan limits

Text

(a) Method of indexing The dollar amounts set forth in—

(1) section 1713(c)(3)(A) of this title;

(2) section 1715e(b)(2)(A) of this title;

(3) section 1715k(d)(3)(B)(iii)(I) of this title;

(4) section 1715l(d)(3)(ii)(I) of this title;

(5) section 1715l(d)(4)(ii)(I) of this title;

(6) section 1715v(c)(2)(A) of this title; and

(7) section 1715y(e)(3)(A) of this title;(collectively hereinafter referred to as the “Dollar Amounts”) shall be adjusted annually (commencing in 2004) on the effective date of the Federal Reserve Boards adjustment of the $400 figure in the Home Ownership and Equity Protection Act of 1994 (HOEPA). The adjustment of the Dollar Amounts shall be calculated using the percentage change in the Consumer Price Index for All Urban Consumers (CPIU) as applied by the Federal Reserve Board for purposes of the above-described HOEPA adjustment.

(b) Notification The Federal Reserve Board on a timely basis shall notify the Secretary, or his designee, in writing of the adjustment described in subsection (a) and of the effective date of such adjustment in order to permit the Secretary to undertake publication in the Federal Register of corresponding adjustments to the Dollar Amounts. The dollar amount of any adjustment shall be rounded to the next lower dollar.

(June 27, 1934, ch. 847, title II, § 206A, as added Pub. L. 107326, § 5(a), Dec. 4, 2002, 116 Stat. 2794.)

Notes

Editorial Notes

References in TextThe Home Ownership and Equity Protection Act of 1994, referred to in subsec. (a), is subtitle B (§§ 151158) of title I of Pub. L. 103325, Sept. 23, 1994, 108 Stat. 2190, which enacted sections 1639 and 1648 of Title 15, Commerce and Trade, amended sections 1602, 1604, 1610, 1640, 1641, and 1647 of Title 15, and enacted provisions set out as notes under sections 1601 and 1602 of Title 15. For complete classification of this Act to the Code, see Short Title of 1994 Amendment note set out under section 1601 of Title 15 and Tables.