Title 12 — Banks and BankingRelease 119-73not60
§4147 Funding
Title 12 › Chapter 42— LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP › Subchapter II— TECHNICAL ASSISTANCE AND CAPACITY BUILDING › § 4147
Summary
The Secretary must use up to $25,000,000 from the funds under section 4124(a) for fiscal year 1993 and up to $25,000,000 from those funds for fiscal year 1994 to carry out this subchapter. Of any money provided to run this subchapter, 90 percent must be reserved for use under section 4143 and 10 percent must be reserved for use under section 4144.
Full Legal Text
Title 12, §4147
Banks and Banking — Source: USLM XML via OLRC
The Secretary shall use not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1993, and not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1994, to carry out this subchapter. Of any amounts made available to carry out this subchapter in any appropriation Act, 90 percent shall be set aside for use in accordance with section 4143 of this title and 10 percent shall be set aside for use in accordance with subsection 11 So in original. Probably should be “section”. 4144 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 4147
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60