Title 12 › Chapter CHAPTER 13— - NATIONAL HOUSING › § 1701z
HUD must run a program to test new home-building technologies that can make decent, safe housing for lower-income families. Public and private groups that qualify will send plans to build housing on federal land set aside by HUD or on other land where local rules allow experimental building. HUD will pick up to five plans that look most promising based on things like cost and scale, environmental quality, mass-production potential, and the applicant’s financial ability to build at least 1,000 homes a year. When HUD supports mortgage insurance for these projects, it must try to reach at least 1,000 homes a year over five years for each technology type. HUD will track each project’s cost per unit, environmental results, and how local rules affect costs. HUD may get suitable excess federal land for this work despite normal rules, and must report the findings and any recommended new laws as soon as possible.
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Banks and Banking — Source: USLM XML via OLRC
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Reference
Citation
12 U.S.C. § 1701z
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73