USC › Title 42 › §1287742 U.S.C. § 12877Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗Copy linkEligible property covered by a homeownership program approved under this part shall not be subject to—(1)the Low-Income Housing Preservation and Resident Homeownership Act of 1990 [12 U.S.C. 4101 et seq.], or(2)the requirements of section 1701z–11 of title 12 applicable to the sale of projects either at foreclosure or after acquisition by the Secretary.