Page:United States Statutes at Large Volume 55 Part 1.djvu/224

 55 STAT.] 77TH CONG. , IST SESS.-CH. 132-MAY 24, 1941 FEDERAL LOAN AGENCY FEDERAL HOUSING ADMINISTRATION Administrative expenses: In addition to the funds made available to the Federal Housing Administration for administrative expenses by the Independent Offices Appropriation Act, 1941, not to exceed $2,560 from the account in the Treasury, comprised of funds derived from premiums collected under authority of Section 2 (f), title I, of the National Housing Act, as amended, and $68,320 of the Mutual Mortgage Insurance Fund, are hereby made available for administra- tive expenses of such Administration for the fiscal year 1941, includ- ing the objects specified under this head in the Independent Offices Appropriation Act, 1941: Provided, That the first proviso in the appropriation of the Federal Housing Administration, contained in the Independent Offices Appropriation Act, 1941, is hereby amended to read as follows: "Provided, That all necessary expenses of the Administration (including services performed on a contract or fee basis, but not including other personal services) in connection with the acquisition, protection, completion, operation, maintenance, improvement, or disposition of real or personal property of the Administration, acquired under authority of titles I, II, and VI, of said National Housing Act shall be considered as nonadministrative expenses for the purposes hereof, and such expenses with respect to title I property shall be paid from funds in the Treasury derived from premiums collected under authority of Section 2 (f), title I of said Act; such expenses with respect to title II property shall be paid from the Mutual Mortgage Insurance Fund or the Housing Insurance Fund, as provided in title II of said Act; and such expenses with respect to title VI shall be paid from the Defense Housing Insurance Fund": Provided further, That the appropriation of the Federal Housing Administration, contained in the Independent Offices Appro- priation Act, 1941, is hereby amended by adding the following at the end of the third proviso thereof: ": Provided further, That subject to the provisions of the National Housing Act, as amended, with respect to the availability for general expenses of the various insur- ance funds thereby established and within the aggregate amount of funds made availablle by various appropriation Acts for admninistra- tive expenses, the Adminlistrator may charge each of such insurance funds with the proper proportion, as (leterlmined in accordance with sound accounting principles, of the total administrative expenses without regard to the particular allocations included in such appropriation Acts". Renovation and modernization loans and insurance: The amount of the funds of the account in the Treasury comprised of premiums collected under authority of Section 2 (f) of the National Housing Act, as amended, made available by the Independent Offices Appro- priation Act, 1941, for the payment of losses under insurance granted under Sections 2 and 6, title I, of the National Housing Act, as amended, is hereby increased by $651,393. FEDERAL WORKS AGENCY National defense housing: For an additional amount to enable the Federal Works Administrator to carry out the purposes of the Act of October 14, 1940 (Public, Numbered 849), entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes", as amended by the Act approved April 29, 1941 (Public Law 42), $150,000,000, to remain available until 199 Ante, p. 129. 54 Stat. 120 . 53 Stat. 805; ante, p. 55; post, p. 365. 12 U.S .C.§ 1703 . 48 Stat. 1248 . 12 U.S.C . § 1708. Provisos. Amendments. 54 Stat. 121. Nonadministrative expenses. Post, p. 820. 48 Stat. 1246, 1247; ante, p. 55. 12U.S.C.§§1701- 1715c. Post, p. 365. 48 Stat. 1248; ante, p. 55. 12U.S. C. §1708. 54 Stat. 121 . Pro rata expense charges. 53 Stat. 805; po't, p. 365. 12U. S. C. §1703 (f). 54 Stat. 120. 48 Stat. 1246; 49 Stat. 1233 . 12 U.S.C. §1703. Defense housing. Ante, p. 65; post, p. 855. 54 Stat. 1125. 42U.S.C., ch.9 note. Ante, p. 147; post, D- 361.

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