38 U.S. Code § 2051. General authority
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The Secretary shall enter into contracts with a qualified nonprofit organization, or other qualified organization, that has experience in underwriting transitional housing projects to obtain advice in carrying out this subchapter, including advice on the terms and conditions necessary for a loan that meets the requirements of section 2052 of this title.
The Secretary may carry out this subchapter in advance of the issuance of regulations for such purpose.
The Secretary may guarantee loans under this subchapter notwithstanding any requirement for prior appropriations for such purpose under any provision of law.
Notwithstanding any other provision of law, a multifamily transitional housing project that is funded by a loan guaranteed under this subchapter may accept uncompensated voluntary services performed by any eligible entity(as that term is defined in section 2011(d) of this title) in connection with the construction, alteration, or repair of such project.
References in Text
2004—Subsec. (g). Pub. L. 108–454 added subsec. (g).