§ 12877. Exemption
Eligible property covered by a homeownership program approved under this part shall not be subject to—
(1)
the Low-Income Housing Preservation and Resident Homeownership Act of 1990 [12 U.S.C. 4101 et seq.], or
(2)
the requirements of section
1701z–11 of title
12 applicable to the sale of projects either at foreclosure or after acquisition by the Secretary.