42 U.S.C. § 5407 : US Code - Section 5407: Research, testing, development, and training by Secretary

Search 42 U.S.C. § 5407 : US Code - Section 5407: Research, testing, development, and training by Secretary

(a) Scope
The Secretary shall conduct research, testing, development, and
training necessary to carry out the purposes of this chapter,
including, but not limited to -
(1) collecting data from any source for the purpose of
determining the relationship between manufactured home
performance characteristics and (A) accidents involving
manufactured homes, and (B) the occurrence of death, personal
injury, or damage resulting from such accidents;
(2) procuring (by negotiation or otherwise) experimental and
other manufactured homes for research and testing purposes;
(3) selling or otherwise disposing of test manufactured homes
and reimbursing the proceeds of such sale or disposal into the
current appropriation available for the purpose of carrying out
this chapter;
(4) encouraging the government-sponsored housing entities to
actively develop and implement secondary market securitization
programs for the FHA manufactured home loans and those of other
loan programs, as appropriate, thereby promoting the availability
of affordable manufactured homes to increase homeownership for
all people in the United States; and
(5) reviewing the programs for FHA manufactured home loans and
developing any changes to such programs to promote the
affordability of manufactured homes, including changes in loan
terms, amortization periods, regulations, and procedures.
(b) Contracts and grants with States, interstate agencies, and
independent institutions
The Secretary is authorized to conduct research, testing,
development, and training as authorized to be carried out by
subsection (a) of this section by contracting for or making grants
for the conduct of such research, testing, development, and
training to States, interstate agencies, and independent
institutions.
(c) Definitions
For purposes of this section, the following definitions shall
apply:
(1) Government-sponsored housing entities
The term "government-sponsored housing entities" means the
Government National Mortgage Association of the Department of
Housing and Urban Development, the Federal National Mortgage
Association, and the Federal Home Loan Mortgage Corporation.
(2) FHA manufactured home loan
The term "FHA manufactured home loan" means a loan that -
(A) is insured under title I of the National Housing Act [12
U.S.C. 1702 et seq.] and is made for the purpose of financing
alterations, repairs, or improvements on or in connection with
an existing manufactured home, the purchase of a manufactured
home, the purchase of a manufactured home and a lot on which to
place the home, or the purchase only of a lot on which to place
a manufactured home; or
(B) is otherwise insured under the National Housing Act [12
U.S.C. 1701 et seq.] and made for or in connection with a
manufactured home.