42 U.S.C. § 1437z-2 : US Code - Section 1437Z-2: Public housing mortgages and security interests

Search 42 U.S.C. § 1437z-2 : US Code - Section 1437Z-2: Public housing mortgages and security interests

(a) General authorization
The Secretary may, upon such terms and conditions as the
Secretary may prescribe, authorize a public housing agency to
mortgage or otherwise grant a security interest in any public
housing project or other property of the public housing agency.
(b) Terms and conditions
In making any authorization under subsection (a) of this section,
the Secretary may consider -
(1) the ability of the public housing agency to use the
proceeds of the mortgage or security interest for low-income
housing uses;
(2) the ability of the public housing agency to make payments
on the mortgage or security interest; and
(3) such other criteria as the Secretary may specify.
(c) No Federal liability
No action taken under this section shall result in any liability
to the Federal Government.