---
kind: "section"
citation: "12 U.S.C. § 1747j"
title: "12"
title_heading: "Banks and Banking"
number: "1747j"
heading: "Taxation of real property"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/1747j"
units:
  - "Chapter 13 — National Housing"
  - "Subchapter VII — Insurance for Investments in Rental Housing for Families of Moderate Income"
---

# §1747j. Taxation of real property


Nothing in this subchapter shall be construed to exempt any real property acquired and held by the [Secretary](/usc/12/1715z–22a.md?p=4) under this subchapter from taxation by any [State](/usc/12/1736.md?p=d) or political subdivision thereof, to the same extent, according to its value, as other real property is taxed.


## Source credit

(June 27, 1934, ch. 847, title VII, § 711, as added Aug. 10, 1948, ch. 832, title IV, § 401, 62 Stat. 1281; amended Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 90–19, § 1(a)(3), May 25, 1967, 81 Stat. 17.)

## Notes

### Editorial Notes

### Amendments

1967—Pub. L. 90–19 substituted “Secretary” for “Commissioner”.

1950—Act Apr. 20, 1950, substituted “Commissioner” for “Administrator” wherever appearing.