Federal · Title 12 — Banks and Banking
12 U.S.C. § 1701z: Expansion of home ownership opportunities in urban areas
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In carrying out activities under section 1701z–1 of this title , the Secretary is authorized to conduct demonstrations to determine the feasibility of expanding homeownership opportunities in urban areas and encouraging the creation and maintenance of decent, safe, and sanitary housing in such areas by utilizing techniques including, but not limited to, the conversion of multifamily housing properties to condominium or cooperative ownership by individuals and families.
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