§ 1701w. — Budget, debt management, and related counseling services for mortgagors; authorization of appropriations.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1701w]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
Sec. 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.
(Pub. L. 90-448, title I, Sec. 101(e), Aug. 1, 1968, 82 Stat. 484.)
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.