usc 12 § 1701q–3
Funds for housing for elderly and persons with disabilities available for cost of maintenance and disposal of such properties (BANKS AND BANKING (12 U.S.C.))
Operative Text
Notwithstanding any other provision of law, for this fiscal year and every fiscal year thereafter, funds appropriated for housing for the elderly, as authorized by , as amended, and for supportive housing for persons with disabilities, as authorized by , shall be available for the cost of maintaining and disposing of such properties that are acquired or otherwise become the responsibility of the Department.
Under 12 U.S.C. § 1701q–3, federal appropriations designated for elderly housing and supportive housing for persons with disabilities are permanently made available — starting with the fiscal year the provision took effect and continuing into every subsequent fiscal year — to cover the costs of maintaining and disposing of properties that come under the Department of Housing and Urban Development's responsibility. This means that when HUD acquires or otherwise becomes responsible for such properties, it is not required to find separate funding streams to handle upkeep or disposition; the existing program appropriations can be used for those purposes. The rule applies on an ongoing basis without requiring annual reauthorization.
Plain English — not legal advice.
Property owners and managers operating under HUD-assisted elderly housing or supportive housing for persons with disabilities programs should be aware that 12 U.S.C. § 1701q–3 governs how HUD handles properties that revert to or otherwise become the Department's responsibility. Compliant operators generally maintain clear records of property conditions and program compliance, understanding that if HUD assumes responsibility for a property, the agency has standing authority to use program funds for maintenance and disposition activities. Familiarity with this provision can inform how operators structure transition planning and communicate with HUD during any portfolio changes.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Residents of HUD-assisted elderly housing or supportive housing for persons with disabilities have an interest in understanding that 12 U.S.C. § 1701q–3 ensures federal funds remain available to maintain and dispose of properties that come under HUD's control, which can affect housing stability during ownership transitions. If a property you live in is acquired by or transferred to HUD, this provision means the agency has a dedicated funding mechanism to keep the property maintained rather than leaving it without resources. Tenants who have concerns about property conditions or a pending HUD takeover may find it useful to contact their local HUD field office, a HUD-approved housing counseling agency, or a tenant-rights organization for general information about their rights under applicable program rules.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 13, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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