Page:United States Statutes at Large Volume 65.djvu/337

 65 STAT.

303

PUBLIC LAW 139—SEPT. 1, 1951

" (g) I n any case where an application for insurance under section 608 of this Act was received by the Federal Housing Commissioner on or before March 1, 1950, and has not been rejected or committed upon, the mortgagee upon reapplication for insurance of a mortgage under this section 908 with respect to the same property shall receive credit for any application fees paid in connection with the prior application: Provided, That this subsection shall not constitute a waiver of any requirements otherwise applicable to the insurance of mortgages under this section. " (h) The Commissioner shall grant preference to applications for insurance under this title to mortgages covering housing of lower rents." SEC. 202. Sections 1 and 5 of the National Housing Act, as amended, are further amended by striking out the words "titles II, III, VI, VII, and VIII " each time they appear and inserting in lieu thereof the words "titles II, III, VI, VII, VIII, and IX ". SEC. 203. Section 212(a) of said Act, as amended, is hereby amended by deleting the words "or under title VIII, a mortgage or investment and by inserting in lieu thereof the words "or under title VIII, or under section 908 of title IX, a mortgage or investment" SEC. 204. Section 215 of said Act, as amended, is hereby amended by deleting the words "or title VIII " and inserting in lieu thereof the words "title VIII, or title IX ". SEC. 205. Section 301(a) of said Act, as amended, is hereby amended by striking out of paragraph (1) the words "or section 8 of title I of" and inserting in lieu thereof the words "section 8 of title I, or title IX of". SEC. 206. Section 608 of said Act, as amended, is further amended by striking out paragraph (g) thereof and inserting in lieu thereof the following: " (g) The Commissioner shall also have power to insure under this title, title I, title II, title VIII, or title IX any mortgage executed in connection with the sale by him of any property acquired under any of such titles without regard to limitations upon eligibility, time, or aggregate amount contained therein." SEC. 207. Section 24 of the Federal Reserve Act, as amended, is hereby amended by striking out of the third sentence "or section 8 of title I " and inserting in lieu thereof the words "section 8 of title I, or title IX ". SEC. 208. Section 10 of the Federal Home Loan Bank Act, as amended, is further amended by striking out of subsection (a)(1) the words "or title VIII " and inserting in lieu thereof the words "title VIII, or title IX ". TITLE

III—PROVISION OF DEFENSE HOUSING COMMUNITY F A C I L I T I E S AND SERVICES

12 U.S.C. §§ 1702, 1706.

12 U.S.C. § 171J)C.

12 U.S.C. § 1715f.

12 U.S.C. § 1716.

12 U.S.C. § 1743.

Insurance of mortgages in connection with sale of property.

38 Stat. 273. 12 U.S.C. §371.

47 Stat. 731. 12 U.S.C. § 143(:',

AND

SEC. 301. Subject to the provisions and limitations of title I hereof and subject to the provisions and limitations of this title, the Housing and Home Finance Administrator (hereinafter referred to as the "Administrator") is authorized to provide housing in any areas (subject to the provisions of section 101 hereof) needed for defense workers or military personnel or to extend assistance for the provision of, or to provide, community facilities or services required in connection with national defense activities in any area which the President, pursuant to the authority contained in section 101 hereof, has determined to be a critical defense housing area. SEC. 302. (a) Consistent with other requirements of national defense, any permanent housing constructed pursuant to the authority of this title shall consist of one- to four-family dwelling structures 76100 O - 52 (PT. I) - 22

Credit for certain application fees. 12 U.S.C. §1743.

Authority to provide defense housing, etc.

Ante, p. 293.

One- to four-family stnictures.

�