42-U.S.C.-1592B

§1592B – Maximum Construction Costs; Determinations By Secretary In Certain Condemnation Proceedings

Pathway

Title 42 > Chapter 9 > Subchapter IX > Section 1592b

Details

• Reference: Section 1592b
• Legend: §1592B – Maximum Construction Costs; Determinations By Secretary In Certain Condemnation Proceedings
• USCode Year: 2011

Provision Content

The cost per family dwelling unit for any housing project constructed under the authority of this subchapter shall not exceed an average of $9,000 for two-bedroom units in such project, $10,000 for three-bedroom units in such project, and $11,000 for four-bedroom units in such project: Provided, That the Secretary of Housing and Urban Development may increase any such dollar limitation by not exceeding $1,000 in any geographical area where he finds that cost levels so require: Provided further, That in the Territories and possessions of the United States the Secretary of Housing and Urban Development may increase any such dollar limitation by 50 per centum: And provided further, That for the purposes of this section the cost of any land acquired by the Secretary of Housing and Urban Development upon the filing of a declaration of taking in proceedings for the condemnation of fee title shall be considered to be the amount determined by the Secretary of Housing and Urban Development upon the basis of competent appraisal, to be the value thereof.

(Sept. 1, 1951, ch. 378, title III, §303, 65 Stat. 305; Pub. L. 89–174, §5(a), Sept. 9, 1965, 79 Stat. 669.)

Transfer of Functions

For transfer of functions to Secretary of Housing and Urban Development, see note set out under section 1581 of this title.

U.S. Encyclopedia of Law Coverage

Subchapter II – Defense Housing in the Legal Encyclopedia: National Defense

In this entry about Subchapter II – Defense Housing, find legal reference material, bibliographies and premiere content related to national defense in the American Encyclopedia of Law, presenting a comprehensive view of the United States national defense-specific issues, written by authorities in the field.

42-U.S.C.-1550 in the Legal Encyclopedia: Housing

In this entry about 42-U.S.C.-1550, find legal reference material, bibliographies and premiere content related to housing in the American Encyclopedia of Law, presenting a comprehensive view of the United States housing-specific issues, written by authorities in the field.

Topic Map

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