Title 42 — The Public Health and WelfareRelease 119-73not60
§1588 Sale of Vacant Land to Local Housing Authorities; Sale of Personal Property
Title 42 › Chapter 9— HOUSING OF PERSONS ENGAGED IN NATIONAL DEFENSE › Subchapter VII— DISPOSAL OF WAR AND VETERANS’ HOUSING › § 1588
Summary
Allows land acquired under subchapters II–VII or other laws for war or veterans' housing and personal property held under those subchapters (if not sold with a building) to be sold to agencies that clear slums or provide subsidized housing for low‑income people at a fair price set by the HUD Secretary; personal property sales must be paid in cash at settlement.
Full Legal Text
Title 42, §1588
The Public Health and Welfare — Source: USLM XML via OLRC
(a)Notwithstanding any other provision of law, any land acquired under subchapters II to VII of this chapter or any other Act in connection with war or veterans’ housing, but upon which no dwellings are located at the time of sale, may be sold at fair value, as determined by the Secretary of Housing and Urban Development to any agency organized for slum clearance or to provide subsidized housing for persons of low income.
(b)Notwithstanding any other provision of law, any personal property held under subchapters II to VII of this chapter, and not sold with a project or building, may be sold at fair value, as determined by the Secretary of Housing and Urban Development to any agency organized for slum clearance or to provide subsidized housing for persons of low income. Any sale of personal property under this subsection shall be made on a cash basis, payable at the time of settlement.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
Subchapters III and VI of this chapter, referred to in text, were comprised of sections 1531 to 1536 and 1571 to 1576, respectively, of this title and have been omitted from the Code. For further details, see note set out under section 1522 of this title.
Amendments
1955—Act Aug. 11, 1955, designated existing provisions as subsec. (a) and added subsec. (b).
Statutory Notes and Related Subsidiaries
Transfer of Functions
For
Transfer of Functions
to Secretary of Housing and Urban Development, see note set out under section 1581 of this title.
Reference
Citations & Metadata
Citation
42 U.S.C. § 1588
Title 42 — The Public Health and Welfare
Last Updated
Apr 5, 2026
Release point: 119-73not60