Codification
Section, acts [July 15, 1949, ch. 338], title I, § 102, [63 Stat. 414]; [Aug. 2, 1954, ch. 649], title III, § 304, [68 Stat. 624]; [Aug. 7, 1956, ch. 1029], title III, §§ 301, 303, [70 Stat. 1097], 1099; Sept. 23, 1959, [Pub. L. 86–372, title IV], §§ 402–404, [73 Stat. 671]; June 30, 1961, [Pub. L. 87–70, title III], §§ 302(a), 314(b), [75 Stat. 166], 172; Sept. 2, 1964, [Pub. L. 88–560, title III, § 303(a)], [78 Stat. 785]; Aug. 10, 1965, [Pub. L. 89–117, title III, § 303], [79 Stat. 475]; May 25, 1967, [Pub. L. 90–19, § 6(b)], [81 Stat. 21]; Aug. 1, 1968, [Pub. L. 90–448, title V, § 507(a)], [82 Stat. 522]; Dec. 24, 1969, [Pub. L. 91–152, title II, § 208], [83 Stat. 387]; Oct. 17, 1984, [Pub. L. 98–479, title II, § 203(d)(1)], [98 Stat. 2229], which provided for temporary and definitive loans and advances for surveys and plans to local public agencies under this subchapter, as well as establishing requirements for advances for General Neighborhood Renewal Plans and the issuance and sale of notes and obligations under this subchapter, was omitted pursuant to [section 5316 of this title] which terminated the authority to make grants or loans under this subchapter after Jan. 1, 1975.
Amendment of Loan Contracts Outstanding on August 1, 1968
[Pub. L. 90–448, title V, § 507(b)], Aug. 1, 1968, [82 Stat. 522], provided that loan contracts under this subchapter outstanding on Aug. 1, 1968, could be amended to incorporate the amendment to this section by [section 507(a) of Pub. L. 90–448], without regard to the provision in [section 1460(g) of this title].
Temporary Relief From Interest Rate Conflict Between Federal and State Law
[Pub. L. 91–351, title VII, § 702], July 24, 1970, [84 Stat. 462], provided that notwithstanding any other law, from July 24, 1970, until July 1, 1972, loans to local public agencies under this subchapter and to local public housing agencies under the United States Housing Act of 1937, section 1401 et seq. of this title, may, when determined by the Secretary of Housing and Urban Development to be necessary because of interest rate limitations of State laws, bear interest at a rate less than the applicable going Federal rate but not less than 6 percent per year.
