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Title 12 — Banks and Banking

Chapter 13 — National Housing

§ 1705. Allocation of funds

Statutory text

For the purposes of carrying out the provisions of this subchapter and subchapters II and III, the President, in his discretion, is authorized to provide such funds or any portion thereof by allotment to the Secretary from any funds that are available, or may hereafter be made available, to the President for emergency purposes.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. National Housing Act.”

    Pub. L. 73–847 · 48 Stat. 1246

    Enacted · 12 U.S.C. § 1705

    June 27, 1934, ch. 847, title I, § 4, 48 Stat. 1247

    Source evidence

    Code source credit
    June 27, 1934, ch. 847, title I, § 4, 48 Stat. 1247

  2. Pub. L. 90–19 § 1(a)(3) · 81 Stat. 17

    Substituted · 12 U.S.C. § 1705

    Pub. L. 90–19 substituted “Secretary” for “Commissioner”

    Source evidence

    Code amendment note
    Pub. L. 90–19 substituted “Secretary” for “Commissioner”.

    Enacted provision · exact public law section
    (1) by striking out “Federal Housing Administration” each place it appears and inserting in lieu thereof “Department of Housing and Urban Development”;

  3. Housing and Community Development Technical Amendments Act of 1984

    Pub. L. 98–479 title II § 204(a)(1) · 98 Stat. 2218

    Substituted · 12 U.S.C. § 1705

    Pub. L. 98–479 substituted “such” for “suuch”

    Source evidence

    Code amendment note
    Pub. L. 98–479 substituted “such” for “suuch”.

    Enacted provision · exact public law section
    (1) Section 4 of the National Housing Act is amended 12 USC 1705. by striking out “such” and inserting in lieu thereof “such”.

2 of 3 references resolved to an enrolled provision · 1 partial

Editorial Notes

Amendments1947–1984 · 4 rounds

1984

Pub. L. 98–479 substituted “such” for “suuch”.

1967

Pub. L. 90–19 substituted “Secretary” for “Commissioner”.

1950

Act , § 122, substituted “Commissioner” for “Administrator”.

1947

Act , struck out references to Reconstruction Finance Corporation.

Credits

1934–1984 · 5 acts
  1. 1934June 27, 1934, ch. 847, title I, § 4, 48 Stat. 1247
  2. 1947June 30, 1947, ch. 166, title II, § 206(l), 61 Stat. 208
  3. 1950Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59
  4. 1967Pub. L. 90–19, § 1(a)(3), , 81 Stat. 17
  5. 1984Pub. L. 98–479, title II, § 204(a)(1), , 98 Stat. 2231.
Show as published

(June 27, 1934, ch. 847, title I, § 4, 48 Stat. 1247; June 30, 1947, ch. 166, title II, § 206(l), 61 Stat. 208; Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 90–19, § 1(a)(3), , 81 Stat. 17; Pub. L. 98–479, title II, § 204(a)(1), , 98 Stat. 2231.)

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s1705