Title 12 — Banks and BankingRelease 119-73
§1701z–12 Housing access
Title 12 › Chapter CHAPTER 13— - NATIONAL HOUSING › § 1701z–12
Summary
When the Secretary sells a multifamily housing project on or after October 1, 1978, the buyer must agree not to unreasonably refuse to rent a vacant unit to someone who holds a certificate under section 1437f of title 42, so long as the rent is at or below the fair market rent set under that section and the refusal would be only because they have the certificate.
Full Legal Text
Title 12, §1701z–12
Banks and Banking — Source: USLM XML via OLRC
The Secretary shall require any purchaser of a multifamily housing project owned by the Secretary which is sold on or after October 1, 1978, to agree not to refuse unreasonably to lease a vacant dwelling unit in the project which rents for an amount not greater than the fair market rent for a comparable unit in the area as determined by the Secretary under section 1437f of title 42 to a holder of a certificate of eligibility under that section solely because of such prospective tenant’s status as a certificate holder.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Section was enacted as part of the Housing and Community Development
Amendments
of 1978, and not as part of the National Housing Act which comprises this chapter.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1701z–12
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73