U.S. Code » Title 42 » Chapter CHAPTER 59— NATIONAL URBAN POLICY AND NEW COMMUNITY DEVELOPMENT › Part Part B— Development of New Communities

42 U.S.C. § 4525

Real property taxation

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Nothing in this part shall be construed to exempt any real property that may be acquired and held by the Secretary as a result of the exercise of lien or subrogation rights from real property taxation to the same extent, according to its value, as other real property is taxed.