Page:United States Statutes at Large Volume 69.djvu/680

 638

48 USC 1408b.

PUBLIC LAW 34&-AUG. 11, 1955

1408,

48 USC 1408c. ^ « use480,72i,

[69 S T A T.

(4) by inserting " U R B A N R E N E W A L, " after " R E DEVELOPMENT, " in the heading of title III; (5) by inserting "urban renewal," after "urban redevelopment," in sections 301 and 303; (6) by inserting'"or urban renewal" after "urban redevelopment" in section 304; (7) by inserting "as amended," after "(Public Law 171, Eightyfirst Congress)," in sections 101, 301, and 304; (8) by inserting "as amended," after "Housing Act of 1949," in the clause numl^red " (1) " in section 304; and (9) by inserting ", as amended," after "this Act" in sections 101, 301, and 304. PUBLIC

HOUSING

SEC. 108. (a) Section 101(c) of title I of the Housing Act of 42 usi:' M"I. 1949, as amended, is amended by striking out "or for annual contributions or capital grants pursuant to the United States Housing Act of 1937, as amended, for any project or projects not constructed or covered by a contract for annual contributions prior to the effective date of the Housing Act of 1954,". (b) Subsection (i) of section 10 of the United States Housing 42 USC uio. ^ ^^ 1937, as amended, is hereby amended to read as follows: "(i) Notwithstanding any other provisions of law the Authority may enter into new contracts for loans and annual contributions for not more than forty-five thousand additional dwelling units during the period from the date of enactment of the Housing Amendments of 1955 through July 31, 1956, and may enter into only such new contracts for preliminary loans in respect thereto as are consistent with the number of dwelling units for which contracts for annual contributions may be entered into hereunder: Provided, That no new contracts for loans and annual contributions for additional dwelling units in excess of the number authorized in this sentence shall be entered into unless authorized by the Congress." e.^liT^*""''"'^' (^) Notwithstanding the provisions of any other law, the Housing and Home Finance Administrator is authorized to sell and convey all right, title, and interest of the United States (including any offsite easements) at fair market value as determined by him, in and to war housing project CONN-6028, known as Welles Village, containing one hundred and ninety-nine dwelling units on approximately thirty-four and one-half acres of land in Glastonbury, Connecticut, to the Housing Authority of the town of Glastonbury, Connecticut, subject to the approval of the legislative body of the town of Glastonbury, for use in providing moderate rental housing. Any sale pursuant to this section shall be on such terms and conditions as the A.dministrator shall determine: Provided, That full payment to the United States shall be required within a period of not to exceed thirty years with interest on the unpaid balance at not to exceed 5 per centum per annum: Provided further, That the provisions of this subsection shall be effective only during the period ending 12 months after the date of approval of this Act. (d) The Act entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes", approved October 14, 1940, as amended, is hereby amended by amending the 68 Stat. 644. last paragraph of section 605(a) to read as follows: 1585. j^-j-^ ^^^ ^.^y.^^ which, on March 1, 1953, there were more than ten thousand temporary housing units held by the United States of America, or any two contiguous cities in one of which there were on such date more than ten thousand temporary housing units so held, the Administrator may acquire, by purchase or condemnation.

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