The Secretary sets the limit for financing an accessory dwelling unit
What the document says“``(H) such principal amount as the Secretary may prescribe if made for the purpose of financing the construction of an accessory dwelling unit.'';”
The section adds a new subparagraph (H) to section 2(b)(1) of the National Housing Act setting the limit for a loan financing the construction of an accessory dwelling unit at whatever principal amount the Secretary prescribes.
What the document actually says“``(H) such principal amount as the Secretary may prescribe if made for the purpose of financing the construction of an accessory dwelling unit.'';”
For an extra home on a lot, the housing agency sets the limit. The law names no figure.
Every other limit in the list is a set number. This one is left open. The agency will name it later.
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