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Title 12 — Banks and Banking

Chapter 42 — Low-Income Housing Preservation and Resident Homeownership

§ 4124. Authorization of appropriations

Statutory text

(a)

In general

There are authorized to be appropriated for assistance and incentives authorized under this subchapter $638,252,784 for fiscal year 1993 and $665,059,401 for fiscal year 1994.

(b)

Grants

Subject to approval in appropriation Acts, not more than $50,000,000 of the amounts made available under subsection (a) for fiscal year 1993, and not more than $50,000,000 of the amounts made available under subsection (a) for fiscal year 1994, shall be available for grants under section 4111(d)(2) of this title.

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. Housing and Community Development Act of 1987

    Pub. L. 100–242 title II § 234 · 101 Stat. 1815

    Enacted · 12 U.S.C. § 4124

    Pub. L. 100–242, title II, § 234, as added Pub. L. 101–625, title VI, § 601(a), Nov. 28, 1990, 104 Stat. 4274

    Source evidence

    Code source credit
    Pub. L. 100–242, title II, § 234, as added Pub. L. 101–625, title VI, § 601(a), Nov. 28, 1990, 104 Stat. 4274

    Enacted provision · exact public law section
    SEC. 234. REGULATIONS. The Secretary shall issue final regulations to carry out this subtitle not later than 60 days after the date of the enactment of this Act. The Secretary shall provide for the regulations to take effect not later than 45 days after the date on which the regulations are issued.

  2. Housing and Community Development Act of 1992

    Pub. L. 102–550 title III § 301 · 106 Stat. 3672

    Amended · 12 U.S.C. § 4124

    Pub. L. 102–550 amended section generally. Prior to amendment, section read as follows:

    Source evidence

    Code amendment note
    Pub. L. 102–550 amended section generally. Prior to amendment, section read as follows:

    “(a) General.—There are authorized to be appropriated for assistance and incentives authorized under this chapter $425,000,000 for fiscal year 1991 and $858,000,000 for fiscal year 1992. “(b) Grants.—Of the amounts made available under subsection (a) of this section, not more than $100,000,000 for each of fiscal years 1991 and 1992 shall be available for grants under section 4111(d)(2) of this title, subject to approval in appropriations Acts.”

    Enacted provision · exact public law section
    SEC. 301. AUTHORIZATION OF APPROPRIATIONS. Section 234 of the Housing and Community Development Act of 1987 (12 U.S.C. 4124) is amended to read as follows: “SEC. 234. AUTHORIZATION OF APPROPRIATIONS. “(a) In General.— There are authorized to be appropriated for assistance and incentives authorized under this subtitle $638,252,784 for fiscal year 1993 and $665,059,401 for fiscal year 1994. “(b) Grants.— Subject to approval in appropriation Acts, not more than $50,000,000 of the amounts made available under sub-section (a) for fiscal year 1993, and not more than $50,000,000 of the amounts made available under subsection (a) for fiscal year 1994, shall be available for grants under section 221(d)(2).”.

2 of 2 references resolved to an enrolled provision

Editorial Notes

Amendments

1992—Pub. L. 102–550 amended section generally. Prior to amendment, section read as follows:

“(a) General.—There are authorized to be appropriated for assistance and incentives authorized under this chapter $425,000,000 for fiscal year 1991 and $858,000,000 for fiscal year 1992.

“(b) Grants.—Of the amounts made available under subsection (a) of this section, not more than $100,000,000 for each of fiscal years 1991 and 1992 shall be available for grants under section 4111(d)(2) of this title, subject to approval in appropriations Acts.”

Credits

1990–1992 · 2 acts
  1. 1990Pub. L. 100–242, title II, § 234, as added Pub. L. 101–625, title VI, § 601(a), , 104 Stat. 4274
  2. 1992amended Pub. L. 102–550, title III, § 301, , 106 Stat. 3762.
Show as published

(Pub. L. 100–242, title II, § 234, as added Pub. L. 101–625, title VI, § 601(a), , 104 Stat. 4274; amended Pub. L. 102–550, title III, § 301, , 106 Stat. 3762.)

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/s4124