Legalize§ 3602. Conversion lending
§ 3602. Conversion lending
It is the sense of the Congress that lending by federally insured lending institutions for the conversion of rental housing to condominiums and cooperative housing should be discouraged where there are adverse impacts on housing opportunities of the low- and moderate-income and elderly and handicapped tenants involved.
(Pub. L. 96–399, title VI, § 603, Oct. 8, 1980, 94 Stat. 1673.)
This document does not substitute reading the official United States Code published by the Office of the Law Revision Counsel. We assume no responsibility for any inaccuracies resulting from the conversion to this format.