Summary

United States. Congress Housing and Economic Recovery Act of 2008…

New Depository Institution and Bridge Depository Institution Defined.— " (1) New depository institution.—The term 'new depository institution' means a new national bank or Federal savings association, other than a bridge depository institution, organized by the Corporation in accordance with section 11 (m) . " (2) Bridge depository institution.—The term 'bridge depository institution' means a new national bank or Federal savings association organized by the Corporation in accordance with section 11 (n) ."
Source: Wikisource

United States. Congress Housing and Economic Recovery Act of 2008…

In General.—Notwithstanding any other provision of law, the Secretary may, at the request of an owner of a multifamily housing project that exceeds 5,000 units to which a contract for project-based rental assistance under section 8 of the United States Housing Act of 1937 ("Act") (42 U.S.C. 1437f) and a Rental Assistance Payment contract is subject, convert such contracts to a contract for project- based rental assistance under section 8 of the Act.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature