15 U.S.C. § 3602

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 3602 - Conversion lending

It is the sense of the Congress that lending by federally insured lending institutions for the conversion of rental housing to condominiums and cooperative housing should be discouraged where there are adverse impacts on housing opportunities of the low- and moderate-income and elderly and handicapped tenants involved.

15 U.S.C. § 3602

Pub. L. 96-399, title VI, §603, Oct. 8, 1980, 94 Stat. 1673.