§3704 Restrictions on loans

of new residential property (other than property served by a water and sewerage system approved by the Secretary of Housing and Urban Development pursuant to title X of the National Housing Act (12 U.S.C. 1749aa et seq.)) shall be financed through the assistance of this chapter, except pursuant to a commitment made prior to

August 10, 1965, if such property is not served by a public or adequate community water and sewerage system and is located in an area where the appropriate local officials certify that the establishment of such systems is economically feasible. For purposes of this subsection, the economic feasibility of establishing public or adequate community water and sewerage systems shall be determined without regard to whether such establishment is authorized by law or is subject to approval by one or more local governments or public bodies.” 1992—Subsec. (g). Pub. L. 102–486 added subsec. (g). 1991—Pub. L. 102–83, § 5(a), renumbered section 1804 of this title as this section. Subsec. (c)(2). Pub. L. 102–83, § 5(c)(1), substituted “3710(a)” for “1810(a)” in subpar. (B), “3712(a)(5)(A)(i)” for “1812(a)(5)(A)(i)” in subpar. (C), and “3712(e)(5)” for “1812(e)(5)” in subpar. (D). Subsec. (f). Pub. L. 102–83, § 5(c)(1), substituted “3714” for “1814” in two places. 1989—Subsecs. (a) to (c)(1), (d). Pub. L. 101–237 substituted “Secretary” for “Administrator” wherever appearing. 1988—Subsec. (c)(2)(C). Pub. L. 100–322, § 415(c)(3)(A), substituted “1812(a)(5)(A)(i)” for “1819(a)(5)(A)(i)”. Subsec. (c)(2)(D). Pub. L. 100–322, § 415(c)(3)(b), substituted “1812(e)(5)” for “1819(e)(5)”. Subsec. (f). Pub. L. 100–322, § 415(c)(3)(C), substituted “section 1814” for “section 1817A” in two places. 1987—Subsec. (c). Pub. L. 100–198, § 8(a), designated existing provision as par. (1), substituted “Except as provided in paragraph (2) of this subsection, no” for “No” in first and second sentences, and added par. (2). Subsec. (f). Pub. L. 100–198, § 10(b), added subsec. (f). 1982—Subsec. (e). Pub. L. 97–295 inserted “(12 U.S.C. 1749aa et seq.)” after “the National Housing Act”, and substituted “

August 10, 1965” for “the date of the enactment of the Housing and Urban Development Act of 1965”. 1976—Subsec. (c). Pub. L. 94–324, § 7(7), substituted “the veteran” for “he” in six places and “the veteran’s” for “his” wherever appearing. Subsec. (d). Pub. L. 94–324, § 7(8), substituted “the Administrator may” for “he may”. 1974—Subsec. (b). Pub. L. 93–569, § 2(e), struck out “under section 512 of that Act” after “determination of the Secretary of Housing and Urban Development”. Subsec. (c). Pub. L. 93–569, § 2(d), inserted provision that, the foregoing provisions notwithstanding, in the case of an automatically guaranteed loan, the veteran is required to make certification only at the time of loan closing. Subsec. (d). Pub. L. 93–569, § 2(e), struck out “under section 512 of that Act” after “determination of the Secretary of Housing and Urban Development”. 1970—Subsec. (b). Pub. L. 91–506 substituted “Subject to notice and opportunity for a hearing, the” for “The”. Subsec. (d). Pub. L. 91–506 substituted “Subject to notice and opportunity for a hearing, whenever” for “Whenever”. 1967—Subsecs. (b), (d), (e). Pub. L. 90–19 substituted “Secretary of Housing and Urban Development” for “Federal Housing Commissioner”. 1965—Subsec. (e). Pub. L. 89–117 added subsec. (e). 1960—Subsec. (c). Pub. L. 86–665 inserted sentence respecting satisfaction of provisions for certification by the veteran at the time he applies for the loan and at the time the loan is closed. 1959—Subsec. (b). Pub. L. 86–73, § 3(a), authorized the Administrator to refuse to appraise any property if the builder or sponsor of the property had been barred by the Federal Housing Commissioner from participation in the FHA insurance program. Subsec. (d). Pub. L. 86–73, § 3(b), authorized the Administrator to refuse to guarantee or insure loans if the lender or holder of the loans has been barred by the Federal Housing Commissioner from participation in the FHA insurance program.