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12 U.S.C. § 222

U.S. CodeFederal
NOTICE OF INTENT.
About This Law
pg_id_13082::119-84
Title
12 — Banks and Banking
Chapter
CH13
Release
119-84
Release Date
2026-04-17

Section Text

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“An owner of eligible low income housing seeking to initiate prepayment or other changes in the status or terms of the mortgage or regulatory agreement (including a request to terminate the insurance contract pursuant to section 229 of the National Housing Act [12 U.S.C. 1715t]) shall file with the Secretary a notice of the intent of the owner in such form and manner as the Secretary shall prescribe. The owner shall simultaneously file the notice of intent with any appropriate State or local government agency for the jurisdiction within which the housing is located.

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