12USC1701z-1

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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
January 2, 2001 and January 28, 2002]
[CITE: 12USC1701z-1]

TITLE 12--BANKS AND BANKING

CHAPTER 13--NATIONAL HOUSING

Sec. 1701z-1. Research and demonstrations; authorization of
appropriations; continuing availability of funds

The Secretary of Housing and Urban Development is authorized and
directed to undertake such programs of research, studies, testing, and
demonstration relating to the mission and programs of the Department as
he determines to be necessary and appropriate. There is \1\ authorized
to be appropriated to carry out this title [12 U.S.C. 1701z-1 et seq.]
$35,000,000 for fiscal year 1993 and $36,470,000 for fiscal year 1994.
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\1\ So in original. Probably should be ``are''.
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(Pub. L. 91-609, title V, Sec. 501, Dec. 31, 1970, 84 Stat. 1784; Pub.
L. 94-375, Sec. 23(a), Aug. 3, 1976, 90 Stat. 1078; Pub. L. 95-128,
title II, Sec. 204, Oct. 12, 1977, 91 Stat. 1129; Pub. L. 95-557, title
III, Sec. 305(a), Oct. 31, 1978, 92 Stat. 2097; Pub. L. 96-153, title
III, Sec. 304, Dec. 21, 1979, 93 Stat. 1112; Pub. L. 96-399, title III,
Sec. 303, Oct. 8, 1980, 94 Stat. 1639; Pub. L. 97-35, title III,
Sec. 337, Aug. 13, 1981, 95 Stat. 414; Pub. L. 98-181, title IV,
Sec. 466(a), Nov. 30, 1983, 97 Stat. 1236; Pub. L. 100-242, title V,
Sec. 564, Feb. 5, 1988, 101 Stat. 1945; Pub. L. 101-625, title IX,
Sec. 951(a), Nov. 28, 1990, 104 Stat. 4417; Pub. L. 102-550, title IX,
Sec. 901, Oct. 28, 1992, 106 Stat. 3866.)

References in Text

This title, referred to in text, is title V of the Housing and Urban
Development Act of 1970, Pub. L. 91-609, Dec. 31, 1970, 84 Stat. 1784,
as amended, which is classified generally to section 1701z-1 et seq. of
this title. For complete classification of this Act to the Code, see
Short Title of 1970 Amendments note set out under section 1701 of this
title and Tables.

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.

Amendments

1992--Pub. L. 102-550 substituted ``There is authorized to be
appropriated to carry out this title $35,000,000 for fiscal year 1993
and $36,470,000 for fiscal year 1994.'' for ``There are authorized to be
appropriated to carry out this title $21,200,000 for fiscal year 1991
and $22,100,000 for fiscal year 1992. From any amounts appropriated
under this section for fiscal year 1991, the Secretary shall use not
more than $500,000 to carry out a demonstration project to test
affordable housing technologies, and shall include in the annual report
under section 3536 of title 42 (for the appropriate year) a statement of
the activities under the demonstration program and findings resulting
from the program. The statement shall set forth the amount and use of
funds expended by the Secretary under the program for the year relating
to the report and the Secretary shall include such a statement in each
such annual report for each year that amounts appropriated under this
section are used under the demonstration. All funds so appropriated
shall remain available until expended unless specifically limited.''
1990--Pub. L. 101-625 substituted provisions authorizing
appropriations of $21,200,000 for 1991 and $22,100,000 for 1992, for
provisions authorizing $17,000,000 for 1988 and $18,000,000 for 1989,
and added provisions limiting amount to be used for demonstration
project in 1991 and requiring that annual report include statement
relating to such project.
1988--Pub. L. 100-242 substituted ``There are authorized to be
appropriated to carry out this title $17,000,000 for fiscal year 1988,
and $18,000,000 for fiscal year 1989.'' for ``There are authorized to be
appropriated for activities under this title not to exceed $19,000,000
for fiscal year 1984, and such sums as may be necessary for fiscal year
1985. Of the amount appropriated under the preceding sentence for fiscal
year 1984, not less than $2,000,000 shall be provided for implementation
of a research program to be developed in consultation with public
housing agencies, which program shall identify current problems of
public housing management, specific solutions to such problems, and
incentives to encourage implementation of such solutions.''
1983--Pub. L. 98-181 substituted provisions relating to
appropriations for fiscal years 1984 and 1985 and the expenditure of not
less than $2,000,000 for a public housing management research program
for provisions authorizing appropriations of $65,000,000 for fiscal
1977, $60,000,000 for fiscal 1978, $62,000,000 for fiscal 1979,
$50,300,000 for fiscal 1980, $51,000,000 for fiscal 1981 and $35,000,000
for fiscal 1982.
1981--Pub. L. 97-35 inserted provisions authorizing appropriations
for fiscal year 1982.
1980--Pub. L. 96-399 authorized appropriation of $51,000,000 for
fiscal year 1981.
1979--Pub. L. 96-153 authorized appropriation of $50,300,000 for
fiscal year 1980.
1978--Pub. L. 95-557 substituted ``not to exceed $60,000,000 for the
fiscal year 1978, and not to exceed $62,000,000 for the fiscal year
1979'' for ``and not to exceed $60,000,000 for the fiscal year 1978''.
1977--Pub. L. 95-128 authorized appropriation of $60,000,000 for
fiscal year 1978.
1976--Pub. L. 94-375 substituted provision authorizing
appropriations for fiscal year 1977 in an amount not exceeding
$65,000,000 for provision which authorized sums to be appropriated as
may have been necessary.

Effective Date of 1981 Amendment

Amendment by Pub. L. 97-35 effective Oct. 1, 1981, see section 371
of Pub. L. 97-35, set out as an Effective Date note under section 3701
of this title.

Rehabilitation Demonstration Grant Program

Pub. L. 105-276, title V, Sec. 599G, Oct. 21, 1998, 112 Stat. 2666,
provided that:
``(a) In General.--The Secretary of Housing and Urban Development
shall, to the extent amounts are provided in appropriation Acts to carry
out this section, carry out a program to demonstrate the effectiveness
of making grants for rehabilitation of single family housing located
within 10 demonstration areas designated by the Secretary. Of the areas
designated by the Secretary under this section--
``(1) 6 shall be areas that have primarily urban
characteristics;
``(2) 3 shall be areas that are outside of a metropolitan
statistical area; and
``(3) 1 shall be an area that has primarily rural
characteristics.
In selecting areas, the Secretary shall provide for national geographic
and demographic diversity.
``(b) Grantees.--Grants under the program under this section may be
made only to agencies of State and local governments and non-profit
organizations operating within the demonstration areas.
``(c) Selection Criteria.--In selecting among applications for
designation of demonstration areas and grants under this section, the
Secretary shall consider--
``(1) the extent of single family residences located in the
proposed area that have rehabilitation needs;
``(2) the ability and expertise of the applicant in carrying out
the purposes of the demonstration program, including the
availability of qualified housing counselors and contractors in the
proposed area willing and able to participate in rehabilitation
activities funded with grant amounts;
``(3) the extent to which the designation of such area and the
grant award would promote affordable housing opportunities;
``(4) the extent to which selection of the proposed area would
have a beneficial effect on the neighborhood or community in the
area and on surrounding areas;
``(5) the extent to which the applicant has demonstrated that
grant amounts will be used to leverage additional public or private
funds to carry out the purposes of the demonstration program;
``(6) the extent to which lenders (including local lenders and
lenders outside the proposed area) are willing and able to make
loans for rehabilitation activities assisted with grant funds; and
``(7) the extent to which the application provides for the
involvement of local residents in the planning of rehabilitation
activities in the demonstration area.
``(d) Use of Grant Funds.--Funds from grants made under this section
may be used by grantees--
``(1) to subsidize interest on loans, over a period of not more
than 5 years from the origination date of the loan, made after the
date of the enactment of this Act [Oct. 21, 1998] for rehabilitation
of any owner-occupied 1- to 4-family residence, including the
payment of interest during any period in which a residence is
uninhabitable because of rehabilitation activities;
``(2) to facilitate loans for rehabilitation of 1- to 4-family
properties previously subject to a mortgage insured under the
National Housing Act [12 U.S.C. 1701 et seq.] that has been
foreclosed or for which insurance benefits have been paid, including
to establish revolving loan funds, loan loss reserves, and other
financial structures; and
``(3) to provide technical assistance in conjunction with the
rehabilitation of owner-occupied 1- to 4-family residences,
including counseling, selection contractors, monitoring of work,
approval of contractor payments, and final inspection of work.
``(e) Definition of Rehabilitation.--For purposes of this section,
the term `rehabilitation' has the meaning given such term in section
203(k)(2)(B) of the National Housing Act (12 U.S.C. 1709(k)(2)(B)).
``(f) Authorization of Appropriations.--There is authorized to be
appropriated to the Secretary to carry out this section such sums as may
be necessary for each of fiscal years 1999 through 2003.
``(g) Effective Date.--This section shall take effect on the date of
the enactment of this Act [Oct. 21, 1998].''

Report Regarding Research Activities

Section 951(b) of Pub. L. 101-625 directed Secretary of Housing and
Urban Development, not later than the expiration of the 1-year period
beginning on Nov. 28, 1990, to submit to Congress a report listing and
describing various research activities, studies, testing, and
demonstration programs relating to mission and programs of Department of
Housing and Urban Development that are being conducted, have concluded,
or will conclude during such period, pursuant to section 501 of the
Housing and Urban Development Act of 1970 (12 U.S.C. 1701z-1), title V
of such Act (12 U.S.C. 1701z-1 et seq.), or any other authority, such
report to include a statement identifying the individual or entity that
is conducting each such activity, study, test, and demonstration
program.

Section Referred to in Other Sections

This section is referred to in sections 1701z-2, 1701z-4 to 1701z-7,
1701z-9 of this title.