12 USC 1701w: Budget, debt management, and related counseling services for mortgagors; authorization of appropriations
Text contains those laws in effect on December 20, 2024
From Title 12-BANKS AND BANKINGCHAPTER 13-NATIONAL HOUSING
§1701w. Budget, debt management, and related counseling services for mortgagors; authorization of appropriations
The Secretary of Housing and Urban Development is authorized to provide, or contract with public or private organizations to provide, such budget, debt management, and related counseling services to mortgagors whose mortgages are insured under section 1715z(i) or (j)(4) of this title as he determines to be necessary to assist such mortgagors in meeting the responsibilities of homeownership. There are authorized to be appropriated such sums as may be necessary to carry out the provisions of this section.
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Editorial Notes
Codification
Section was enacted as part of the Housing and Urban Development Act of 1968, and not as part of the National Housing Act which comprises this chapter.