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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 42 U.S.C. § 8102 | Neighborhood Reinvestment Corporation | us | united_states_code | code_section | 42 | THE PUBLIC HEALTH AND WELFARE | 90 | NEIGHBORHOOD AND CITY REINVESTMENT, SELF-HELP AND REVITALIZATION | 8102 | 42 U.S.C. § 8102 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip | /us/usc/t42/s8102 | data/legal/raw/us/code/title-42/usc42.xml | 2e59d96283a30818c92922212e67d6b5ccd1f4b69bb8b11a07692af6a165184c | 644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e | 8c524c72e0a8474e1b659c7d7d3222f456a38a159df87c0c6a4dc0fbece3dbf4 | 2026-07-04 | official |
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42 U.S.C. § 8102 - Neighborhood Reinvestment Corporation
Text
(a) Establishment There is established a Neighborhood Reinvestment Corporation (hereinafter referred to as the “corporation”) which shall be a body corporate and shall possess the powers, and shall be subject to the direction and limitations specified herein.
(b) Implementation and expansion of demonstration activities The corporation shall implement and expand the demonstration activities carried out by the Urban Reinvestment Task Force.
(c) Principal office The corporation shall maintain its principal office in the District of Columbia or at such other place the corporation may from time to time prescribe.
(d) Exemption from taxation The corporation, including its franchise, activities, assets, and income, shall be exempt from all taxation now or hereafter imposed by the United States, by any territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority, except that any real property of the corporation shall be subject to State, territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed.
(Pub. L. 95–557, title VI, § 603, Oct. 31, 1978, 92 Stat. 2115; Pub. L. 96–399, title III, § 315(1), Oct. 8, 1980, 94 Stat. 1645.)
Notes
Editorial Notes
Amendments1980—Subsec. (a). Pub. L. 96–399 struck out “National” before “Neighborhood”.