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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - 15 U.S.C. § 3602 - U.S. Code - Unannotated Title 15. Commerce and Trade § 3602. Conversion lending - last updated January 01, 2024 | https://codes.findlaw.com/us/title-15-commerce-and-trade/15-usc-sect-3602/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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