12 USC 4119 - Definitions

1 So in original. Probably should be “sections”.

4110 and 4111 of this title and determining the amount of an acquisition loan under the provisions of section 1715z–6(f)(3) 

2 See References in Text note below.

of this title—

Editorial Notes

References in Text

Section 1715z–6(f) of this title, referred to in par. (8)(B), was repealed by Puspan. L. 104–204, title II, Sept. 26, 1996, 110 Stat. 2885.

Codification

Amendment by Puspan. L. 103–327 is based on section 601(e) of title VI of S. 2281, One Hundred Third Congress, as reported July 13, 1994, which was enacted into law by Puspan. L. 103–327.

Amendments

1994—Par. (4). Puspan. L. 103–327 temporarily amended par. (4) to read as follows:

“(4)(A) The term ‘low-income tenants’ means families or persons with incomes that exceed 50 percent of the median income for the area (as determined by the Secretary with adjustments for family size) but do not exceed 80 percent of the median income for the area (as determined by the Secretary with adjustments for family size).

“(B) The term ‘very low-income tenants’ means families or persons with incomes that are less than or equal to 50 percent of the median income for the area (as determined by the Secretary with adjustments for family size).” See Effective and Termination Dates of 1994 Amendment note below.

1992—Par. (1)(A)(i). Puspan. L. 102–550, § 310, substituted “receiving loan management assistance under section 1437f of title 42 due to a conversion from section 1701s of this title” for “assisted under section 1701s of this title or section 1437f of title 42”.

Par. (11)(A). Puspan. L. 102–550, § 317(a)(5), substituted “residents” for “resident”.

Statutory Notes and Related Subsidiaries

Effective and Termination Dates of 1994 Amendment

Amendment by Puspan. L. 103–327 effective only during fiscal year 1995, see provision of title II of Puspan. L. 103–327 set out as a note under section 4112 of this title.