42 U.S.C.
United States Code, 2007 Edition
Title 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 59 - NATIONAL URBAN POLICY AND NEW COMMUNITY DEVELOPMENT
Part B - Development of New Communities
Sec. 4525 - Real property taxation
From the U.S. Government Publishing Office, www.gpo.gov

§4525. Real property taxation

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.

(Pub. L. 91–609, title VII, §724, Dec. 31, 1970, 84 Stat. 1801.)