12 U.S.C. § 1748h–1
Civilian employees of Armed Forces
United States · Title 12 — BANKS AND BANKING · Status: effective
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- 12 U.S.C. § 1748h–1, Civilian employees of Armed Forces, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437882
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Full text
Notwithstanding any other provisions of this subchapter and in addition to mortgages insured under section 1748b of this title, the Secretary may insure any mortgage under this section which meets the eligibility requirements set forth in section 1709(b) of this title: Provided, That a mortgage insured under this section shall have been executed by a mortgagor who at the time of insurance is the owner of the property and either occupies the property or certifies that his failure to do so is the result of a change in his employment by the Armed Forces or a contractor thereof and to whom the Secretary of Defense or his designee has issued a certificate indicating that such person requires housing and is at the date of the certificate a civilian employee at a research or development installation of one of the military departments of the United States or a contractor thereof and is considered by such military department to be an essential, nontemporary employee at such date. Such certificate shall be conclusive evidence to the Secretary of the employment status of the mortgagor and of the mortgagor’s need for housing.
No mortgage shall be insured under this section unless the Secretary of Defense or his designee shall have certified to the Secretary that the housing is necessary to provide adequate housing for such civilians employed in connection with such a research or development installation and that there is no present intention to substantially curtail the number of such civilian personnel assigned or to be assigned to such installation. Such certification shall be conclusive evidence to the Secretary of the need for such housing but if the Secretary determines that insurance of mortgages on such housing is not an acceptable risk, he may require the Secretary of Defense to guarantee the General Insurance Fund from loss with respect to mortgages insured pursuant to this section: Provided, That the Secretary shall relieve the Secretary of Defense from any obligation to guarantee the General Insurance Fund from loss with respect to a mortgage assumed by a person ineligible to receive a certificate under subsection (a), if the original mortgagor is issued another certificate with respect to a mortgage insured under this section on property which the Secretary determines is not an acceptable risk. There are authorized to be appropriated such sums as may be necessary to provide for payment to meet losses arising from such guaranty.
The Secretary may accept any mortgage for insurance under this section without regard to any requirement in any other section of this chapter, that the project or property be economically sound or an acceptable risk.
Any mortgagee under a mortgage insured under this section is entitled to the benefits of insurance as provided in section 1710(a) of this title with respect to mortgages insured under section 1709 of this title.
The provisions of subsections (b), (c), (d), (e), (f), (g), (h),11 See References in Text note below. (j), and (k) 1 of section 1710 of this title shall apply to mortgages insured under this section except that as applicable to those mortgages:
(1) all references to the “Fund” or “Mutual Mortgage Insurance Fund” shall refer to the “General Insurance Fund” and (2) all references to section 1709 of this title shall refer to this section.
The provisions of sections 1748, 1748a,1 1748b(c), 1748b(i), 1748b(j), 1748c(a),1 1748c(b),1 and 1748f of this title and the provisions of section 1748b(a) of this title relating to the aggregate amount of all mortgages insured under this subchapter, shall be applicable to mortgages insured under this section.
For purposes of this subsection—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- Joint resolution to provide for a temporary extension of the authority of the Secretary of Housing and Urban Development with respect to the insurance of loans and mortgages, and for other purposes.House: no recorded tallySenate: no recorded tally
- Joint resolution to extend the authority of the Secretary of Housing and Urban Development with respect to the insurance of loans and mortgages, to extend authorizations under laws relating to housing and urban development, and for other purposes.House: no recorded tallySenate: no recorded tally
- Housing and Community Development Act of 1974House: no recorded tallySenate: no recorded tally
- Joint resolution to provide for a temporary extension of certain Federal Housing Administration mortgage insurance and related authorities and of the national flood insurance program, and for other purposes.House: no recorded tallySenate: no recorded tally
- Joint resolution to provide for a temporary extension of certain Federal Housing Administration mortgage insurance and related authorities and of the national flood insurance program, and for other purposes.House: no recorded tallySenate: no recorded tally
- Housing and Community Development Act of 1977House: no recorded tallySenate: no recorded tally
- To provide for a temporary extension of certain Federal Housing Administration mortgage insurance and related authorities, of the national flood insurance program, of the crime insurance and riot reinsurance programs, of certain rural housing authorities, and for other purposes.House: no recorded tallySenate: no recorded tally
- Housing and Community Development Amendments of 1978House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for a temporary extension of certain Federal Housing Administration authorities, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for a temporary extension of certain Federal Housing Administration authorities, and for other purposes.House: no recorded tallySenate: no recorded tally
- Housing and Community Development Amendments of 1979House: no recorded tallySenate: no recorded tally
- A joint resolution providing for a temporary extension of certain Federal Housing Administration authorities and for rural housing authorities.House: no recorded tallySenate: no recorded tally
- Housing and Community Development Act of 1980House: no recorded tallySenate: no recorded tally
- Omnibus Budget Reconciliation Act of 1981House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain insurance programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain insurance programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain insurance programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- Supplemental Appropriations Act, 1984House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- Consolidated Omnibus Budget Reconciliation Act of 1985House: no recorded tallySenate: no recorded tally
- FHA and GNMA Credit Commitment Assistance Act of 1986House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- An original joint resolution to provide for the extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- A joint resolution to provide for the temporary extension of certain programs relating to housing and community development, and for other purposes.House: no recorded tallySenate: no recorded tally
- Housing and Community Development Act of 1987House: no recorded tallySenate: no recorded tally
- Cranston-Gonzalez National Affordable Housing ActHouse: no recorded tallySenate: 93–6
- Housing and Community Development Act of 1992House: 377–37Senate: no recorded tally