U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 62 - CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF Sec. 3606 - Federal Housing Administration mortgage or loan insurance; expedition of application process and decision From the U.S. Government Publishing Office, www.gpo.gov
§3606. Federal Housing Administration mortgage or loan insurance; expedition of application process and decision
Where an application for mortgage or loan insurance in connection with a conversion or purchase of a rental housing project being undertaken by a tenants' organization is submitted, the Secretary of Housing and Urban Development shall expedite the processing of the application in every way and shall make a final decision on such application at the earliest practicable time.
(Pub. L. 96–399, title VI, §607, Oct. 8, 1980, 94 Stat. 1676.)