---
kind: "section"
citation: "12 U.S.C. § 4124"
title: "12"
title_heading: "Banks and Banking"
number: "4124"
heading: "Authorization of appropriations"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/4124"
units:
  - "Chapter 42 — Low-Income Housing Preservation and Resident Homeownership"
  - "Subchapter I — Prepayment of Mortgages Insured under National Housing Act"
---

# §4124. Authorization of appropriations

- (a) **In general—** There are authorized to be appropriated for assistance and incentives authorized under this subchapter $638,252,784 for fiscal year 1993 and $665,059,401 for fiscal year 1994.
- (b) **Grants—** Subject to approval in appropriation Acts, not more than $50,000,000 of the amounts made available under [subsection (a)](#a) for fiscal year 1993, and not more than $50,000,000 of the amounts made available under [subsection (a)](#a) for fiscal year 1994, shall be available for grants under [section 4111(d)(2) of this title](/usc/12/4111.md?p=d-2).

## Source credit

(Pub. L. 100–242, title II, § 234, as added Pub. L. 101–625, title VI, § 601(a), Nov. 28, 1990, 104 Stat. 4274; amended Pub. L. 102–550, title III, § 301, Oct. 28, 1992, 106 Stat. 3762.)

## Notes

### Editorial Notes

### Amendments

1992—Pub. L. 102–550 amended section generally. Prior to amendment, section read as follows:

“(a) General.—There are authorized to be appropriated for assistance and incentives authorized under this chapter $425,000,000 for fiscal year 1991 and $858,000,000 for fiscal year 1992.

“(b) Grants.—Of the amounts made available under subsection (a) of this section, not more than $100,000,000 for each of fiscal years 1991 and 1992 shall be available for grants under section 4111(d)(2) of this title, subject to approval in appropriations Acts.”