---
kind: "section"
citation: "15 U.S.C. § 3606"
title: "15"
title_heading: "Commerce and Trade"
number: "3606"
heading: "Federal Housing Administration mortgage or loan insurance; expedition of application process and decision"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/3606"
units:
  - "Chapter 62 — Condominium and Cooperative Conversion Protection and Abuse Relief"
---

# §3606. Federal Housing Administration mortgage or loan insurance; expedition of application process and decision


Where an application for mortgage or loan insurance in connection with a conversion or purchase of a rental housing project being undertaken by a tenants’ organization is submitted, the Secretary of Housing and Urban Development shall expedite the processing of the application in every way and shall make a final decision on such application at the earliest practicable time.


## Source credit

(Pub. L. 96–399, title VI, § 607, Oct. 8, 1980, 94 Stat. 1676.)