§5407 — Title 42 The Public Health and Welfare | U.S. Code

Summary

The Secretary must carry out research, testing, development, and training needed to run the program. That work includes collecting data to see how manufactured home features relate to accidents and to death, injury, or damage; getting homes for experiments and tests; selling or disposing of test homes and putting the money back into the program; encouraging government-backed mortgage firms to create secondary market programs for FHA and similar manufactured‑home loans to increase affordable homeownership; and reviewing FHA manufactured‑home loan programs and recommending changes (for example, loan terms, amortization, rules, and procedures) to make homes more affordable. The Secretary may hire others or give grants to states, interstate agencies, or independent institutions to do this work. "Government‑sponsored housing entities" means GNMA, Fannie Mae, and Freddie Mac. "FHA manufactured home loan" means a loan insured under title I of the National Housing Act for buying, improving, or placing a manufactured home or lot, or any other loan insured under the National Housing Act made for a manufactured home.

Title 42, §5407

The Public Health and Welfare — Source: USLM XML via OLRC

(a)The Secretary shall conduct research, testing, development, and training necessary to carry out the purposes of this chapter, including, but not limited to—

(1)collecting data from any source for the purpose of determining the relationship between manufactured home performance characteristics and (A) accidents involving manufactured homes, and (B) the occurrence of death, personal injury, or damage resulting from such accidents;

(2)procuring (by negotiation or otherwise) experimental and other manufactured homes for research and testing purposes;

(3)selling or otherwise disposing of test manufactured homes and reimbursing the proceeds of such sale or disposal into the current appropriation available for the purpose of carrying out this chapter;

(4)encouraging the government-sponsored housing entities to actively develop and implement secondary market securitization programs for the FHA manufactured home loans and those of other loan programs, as appropriate, thereby promoting the availability of affordable manufactured homes to increase homeownership for all people in the United States; and

(5)reviewing the programs for FHA manufactured home loans and developing any changes to such programs to promote the affordability of manufactured homes, including changes in loan terms, amortization periods, regulations, and procedures.

(b)The Secretary is authorized to conduct research, testing, development, and training as authorized to be carried out by subsection (a) of this section by contracting for or making grants for the conduct of such research, testing, development, and training to States, interstate agencies, and independent institutions.

(c)For purposes of this section, the following definitions shall apply:

(1)The term “government-sponsored housing entities” means the Government National Mortgage Association of the Department of Housing and Urban Development, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation.

(2)The term “FHA manufactured home loan” means a loan that—

(A)is insured under title I of the National Housing Act [12 U.S.C. 1702 et seq.] and is made for the purpose of financing alterations, repairs, or improvements on or in connection with an existing manufactured home, the purchase of a manufactured home, the purchase of a manufactured home and a lot on which to place the home, or the purchase only of a lot on which to place a manufactured home; or

(B)is otherwise insured under the National Housing Act [12 U.S.C. 1701 et seq.] and made for or in connection with a manufactured home.

Notes & Related Subsidiaries

Editorial Notes

References in Text

The National Housing Act, referred to in subsec. (c)(2), is act June 27, 1934, ch. 847, 48 Stat. 1246, which is classified principally to chapter 13 (§ 1701 et seq.) of Title 12, Banks and Banking. Title I of the Act is classified generally to subchapter I (§ 1702 et seq.) of chapter 13 of Title 12. For complete classification of this Act to the Code, see section 1701 of Title 12 and Tables. Codification References to “mobile homes”, wherever appearing in subsec. (a)(1) to (3), changed to “manufactured homes” in view of the amendment of title VI of the Housing and Community Development Act of 1974 (this chapter) by section 308(c)(4) of Pub. L. 96–399 requiring the substitution of “manufactured home” for “mobile home” wherever appearing in title VI of the Housing and Community Development Act of 1974, and section 339B(c) of Pub. L. 97–35 (set out as a note under section 1703 of Title 12, Banks and Banking) providing that the terms “mobile home” and “manufactured home” shall be deemed to include the terms “mobile homes” and “manufactured homes”, respectively.

Amendments

2000—Subsec. (a)(4), (5). Pub. L. 106–569, § 607(a), added pars. (4) and (5). Subsec. (c). Pub. L. 106–569, § 607(b), added subsec. (c). 1980—Subsec. (a)(1). Pub. L. 96–399 substituted “manufactured home” for “mobile home”.

Statutory Notes and Related Subsidiaries

Effective Date

of 2000 AmendmentAmendment by Pub. L. 106–569 effective Dec. 27, 2000, except that amendment has no effect on any order or interpretative bulletin issued under this chapter and published as a proposed rule pursuant to 5 U.S.C. 553 on or before Dec. 27, 2000, see section 612 of Pub. L. 106–569, set out as a note under section 5401 of this title.

Effective Date

Section effective upon the expiration of 180 days following Aug. 22, 1974, see section 627 of Pub. L. 93–383, set out as a note under section 5401 of this title.

§5407 Research, testing, development, and training by Secretary

Summary

Title 42, §5407

Notes & Related Subsidiaries

Editorial Notes

References in Text

Amendments

Statutory Notes and Related Subsidiaries

Effective Date

Effective Date

Citations & Metadata