Title 12, Banks and BankingRelease 119-110
§4118 Consultations with Other Interested Parties
Title 12 › CHAPTER 42 — LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP › SUBCHAPTER I — PREPAYMENT OF MORTGAGES INSURED UNDER NATIONAL HOUSING ACT › § 4118
Summary
The Secretary must consult state and local agencies to confirm what help is available and consider their views when making decisions under this subchapter, and must consult interested parties to help develop an action plan.
Full Legal Text
Title 12, §4118
Banks and Banking, Source: USLM XML via OLRC
The Secretary shall confer with any appropriate State or local government agency to confirm any State or local assistance that is available to achieve the purposes of this title and shall give consideration to the views of any such agency when making determinations under this subchapter. The Secretary shall also confer with appropriate interested parties that the Secretary believes could assist in the development of a plan of action that best achieves the purposes of this subchapter.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
This title, referred to in text, means title II of Pub. L. 100–242, as amended by Pub. L. 101–625, title VI, § 601(a), Nov. 28, 1990, 104 Stat. 4249, known as the Low-Income Housing Preservation and Resident Homeownership Act of 1990, which is classified principally to this chapter. For complete classification of this Act to the Code, see
Short Title
note set out under section 4101 of this title and Tables.
Reference
Citations & Metadata
Citation
12 U.S.C. § 4118
Title 12, Banks and Banking
Last Updated
Sep 23, 2026
Release point: 119-110