Page:United States Statutes at Large Volume 78.djvu/844

 802

PUBLIC LAW 88-560-SEPT. 2, 1964 FNMA

12 usi:' iV^f? • 12 USC 1720.

REMOVAL OF $ 2 0, 0 0 0

LIMITATION

^^^' '^^^- Section 302(b) of the National Housing Act is amended— (1) by striking out "any mortgage" in clause (3) and inserting jj^ jjgy thereof "any mortgage under section 305"; and (2) by striking out the proviso in clause (3). FNMA

75 Stat. 176. 12 USC 1719.

MORTGAGE A M O U N T

[78 STAT.

NINETY

PER CENTUM

LOANS

SEC. 703. Section 304(a)(2) of the National Housing Act is amended by striking out "80 per centum" and inserting in lieu thereof "90 per centum." FNMA—^PURCHASE OF PARTICIPATIONS

70 Stat. 1096.

SEC. 704. Section 304(d) of the National Housing Act is hereby repealed. TITLE VIII—TRAINING AND F E L L O W S H I P PROGRAMS PART

1—FEDERAL-STATE TRAINING

PROGRAMS

FINDINGS AND PURPOSE

SEC. 801. (a) The Congress finds that the rapid expansion of the Nation's urban areas and urban population has caused severe problems in urban and suburban development and created a national need to (1) provide special training in skills needed for economic and efficient community development and (2) support research in new or improved methods of dealing with community development problems. (b) I t is the purpose of this part to assist and encourage the States, in cooperation with public or private universities and colleges and urban centers, to (1) organize, initiate, develop, and expand programs which will provide special training in skills needed for economic and efficient community development to those technical and professional people who are, or are training to be, employed by a governmental or public body which has responsibilities for community development; and (2) support State and local research that is needed in connection with housing programs and needs, public improvement programing, code problems, efficient land use, urban transportation, and similar community development problems. MATCHING

GRANTS TO STATES

SEC. 802. (a) Subject to the provisions of this part and in accordance with regulations prescribed by him, the Administrator may make matching grants to States to assist in— (1) organizing, initiating, developing, or expanding programs to provide special training in skills needed for economic and efficient community development to those technical and professional people who are, or are training to be, employed by a governmental or public body which has responsibilities for community development; and (2) supporting State and local research that is needed in connection with housing programs and needs, public improvement programing, code problems, efficient land use, urban transportation, and similar community development problems, and collecting, collating, and publishing statistics and information relating to such research.

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