48 USC § 1408b - Authorization of loans, conveyances, etc., by government and municipalities

---
identifier: "/us/usc/t48/s1408b"
source: "usc"
legal_status: "official_prima_facie"
title: "48 USC § 1408b - Authorization of loans, conveyances, etc., by government and municipalities"
title_number: 48
title_name: "TERRITORIES AND INSULAR POSSESSIONS"
section_number: "1408b"
section_name: "Authorization of loans, conveyances, etc., by government and municipalities"
chapter_number: 7
chapter_name: "VIRGIN ISLANDS"
subchapter_number: "IV"
subchapter_name: "PUBLIC HOUSING"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(July 18, 1950, ch. 466, title III, § 303, 64 Stat. 347; Aug. 11, 1955, ch. 783, title I, § 107(5), 69 Stat. 638.)"
---


# § 1408b. Authorization of loans, conveyances, etc., by government and municipalities

The government of the Virgin Islands, through its legislative assembly, may assist such authority with cash donations, loans, conveyances of real and personal property, facilities, and services, and otherwise, and may authorize municipalities and other subdivisions to make cash donations, loans, conveyances of real and personal property to such authority, and to take other action, including but not limited to, the making available or the furnishing of facilities and services, in aid of slum clearance, urban redevelopment, urban renewal, or low-rent housing projects.

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**Source Credit**: (July 18, 1950, ch. 466, title III, § 303, 64 Stat. 347; Aug. 11, 1955, ch. 783, title I, § 107(5), 69 Stat. 638.)

## Editorial Notes

### Amendments

1955—Act , included urban renewal projects.