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LegalText 22 U.S.C. § 2181 Policy us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 32 FOREIGN ASSISTANCE 2181 22 U.S.C. § 2181 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s2181 data/legal/raw/us/code/title-22/usc22.xml 7681a516550a56a7ea8e0c0a7475e2bd9088787e0508ce4a365f509320fc852e b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 8d8e2822e1e97017b22defd27b08fcfc92af25af0d4a6bab4e8e0b2973da3bb6 2026-07-04 official
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22 U.S.C. § 2181 - Policy

Text

The Congress recognizes that shelter, including essential urban development services, is among the most fundamental of human needs. Shelter for most people in the developing countries consists largely of domestic materials assembled by local labor. While recognizing that most financing for such shelter must come from domestic resources, the Congress finds that carefully designed programs involving United States capital and expertise can increase the availability of domestic financing for improved shelter and related services for low-income people by demonstrating to local entrepreneurs and institutions that providing low-cost shelter can be financially viable. The Congress reaffirms, therefore, that the United States should continue to assist developing countries in marshalling resources for low-cost shelter. Particular attention should be given to programs which will support pilot projects for low-cost shelter or which will have a maximum demonstration impact on local institutions and national policy. The Congress declares that the long run goal of all such programs should be to develop domestic construction capabilities and to stimulate local credit institutions to make available domestic capital and other management and technological resources required for effective low-cost shelter programs and policies.

(Pub. L. 87195, pt. I, § 221, as added Pub. L. 91175, pt. I, § 105, Dec. 30, 1969, 83 Stat. 807; amended Pub. L. 92226, pt. I, § 103(a), Feb. 7, 1972, 86 Stat. 22; Pub. L. 93189, § 5(1), Dec. 17, 1973, 87 Stat. 717; Pub. L. 93559, § 7(1), Dec. 30, 1974, 88 Stat. 1796; Pub. L. 94161, title III, § 311(3), Dec. 20, 1975, 89 Stat. 861; Pub. L. 9588, title I, § 117(a)(1), Aug. 3, 1977, 91 Stat. 540; Pub. L. 95424, title I, § 115(a), Oct. 6, 1978, 92 Stat. 950; Pub. L. 98473, title I, § 101(1) [title V, § 541(a)], Oct. 12, 1984, 98 Stat. 1884, 1903.)

Notes

Editorial Notes

Codification Amendment by Pub. L. 98473 is based on section 311(a) of H.R. 5119, Ninety-eighth Congress, as passed by the House of Representatives May 10, 1984, which was enacted into permanent law by Pub. L. 98473.

Prior ProvisionsA prior section 221 of Pub. L. 87195, pt. I, Sept. 4, 1961, 75 Stat. 429, as amended by Pub. L. 87565, pt. I, § 104(a), Aug. 1, 1962, 76 Stat. 256; Pub. L. 88205, pt. I, § 104(a), Dec. 16, 1963, 77 Stat. 381; Pub. L. 88633, pt. I, § 103(a), Oct. 7, 1964, 78 Stat. 1009; Pub. L. 89171, pt. I, § 104(a), (b), Sept. 6, 1965, 79 Stat. 654; Pub. L. 89583, pt. I, § 104(a), Sept. 19, 1966, 80 Stat. 798; Pub. L. 90137, pt. I, § 104(a), Nov. 14, 1967, 81 Stat. 450; Pub. L. 90554, pt. I, § 103, Oct. 8, 1968, 82 Stat. 960, related to general authority for foreign investment guaranties by the President, prior to the general reorganization of this subpart by Pub. L. 91175, pt. I, § 105, Dec. 30, 1969, 83 Stat. 807.

Amendments1984—Pub. L. 98473 substituted “, including essential urban development services, is” for “requirements are” after “The Congress recognizes that shelter” and, in the remainder of the section substituted “shelter” for “housing” wherever appearing. 1978—Pub. L. 95424 generally revised the statement of policy to clarify that in developing countries, financing, materials and labor for most housing must be obtained from local sources, while United States capital and technical expertise can increase the availability of housing and related services for low-income people by demonstrating financial viability of credit systems for low-cost housing. 1977—Pub. L. 9588 struck out provisions that the total face amount of guaranties issued under this section outstanding at any one time not exceed $430,000,000 and added section 2182(c) of this title to the enumeration of sections setting out the conditions under which guaranties shall be issued. 1975—Pub. L. 94161 substituted “$430,000,000” for “$355,000,000”. 1974—Pub. L. 93559 substituted “$355,000,000” for “$305,000,000”. 1973—Pub. L. 93189 substituted “$305,000,000” for “$205,000,000”. 1972—Pub. L. 92226 substituted “$205,000,000” for “$130,000,000”.

Statutory Notes and Related Subsidiaries

Effective Date of 1978 AmendmentAmendment by Pub. L. 95424 effective Oct. 1, 1978, see section 605 of Pub. L. 95424, set out as a note under section 2151 of this title.

Use of Funds From Sale of Notes for Discharge of Liabilities Under Guaranties; Transfer of Funds and Cancellation of Notes and InterestPub. L. 90249, title I, § 120, Jan. 2, 1968, 81 Stat. 941, provided that: “Hereafter, none of the funds obtained or authorized to be obtained from the sale of notes under authority of paragraph 111(c)(2) of the Economic Cooperation Act of 1948 [section 1509(c)(2) of this title] or paragraph 413(b)(4)(F) of the Mutual Security Act of 1954 [section 1933(b)(4)(F) of this title] may be used for the purposes of discharging liabilities under any guaranties (exclusive of informational media guaranties) issued under sections 221(b) and 224 of the Foreign Assistance Act of 1961 [subsec. (b) of this section and section 2184 of this title], sections 202(b) and 413(b)(4) of the Mutual Security Act of 1954 [sections 1872(b) and 1933(b)(4) of this title] and section 111(b)(3) of the Economic Cooperation Act of 1948 [section 1509(b)(3) of this title]. Any portion of the funds in the reserve established pursuant to section 222(e) of the Foreign Assistance Act of 1961 [section 2182(e) of this title] which are attributable to the funds realized from the sale of notes specified in the preceding sentence shall be transferred to the general fund of the Treasury. The Secretary of the Treasury shall cancel all such notes and sums owing and unpaid thereon, including interest to date of cancellation.”