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PUBLIC LAW 89-566-SEPT. 10, 1966

[80

STAT.

Public Law 89-566 September 10, 1966

[s. 3688]

Housing, Mortgage credit stimulation. 68 Stat. 615. 12 USC 1719. 12 USC 1718.

72 Stat. 74. 12 USC 1720.

12 USC 1716.

12 USC 17071715y. 72 Stat. 1203. 38 USC 1801.

AN ACT f o stimulate the flow of mortgage credit for Federal Housing Administration and Veterans' Administration assisted residential construction.

Be it enacted by the Senate and House of Repj^esentatlves of the United States of America in Congress assembled, That section B04(b) of the National Housing Act is amended by striking out "ten times the sum" and inserting in lieu thereof "fifteen times the sum". SEC. 2. (a) The second sentence of section 303(d) of the National Housing Act is amended by striking out "$115,000,000" and inserting in lieu thereof "$225,000,000". (b) The second sentence of section 303(e) of such Act is amended by striking out "$115,000,000" and inserting in lieu thereof "$225,000,000". SEC. 3. Section 305(g) of the National Housing Act is amended to read as follows: " (g) With a view to further carrying out the purposes set forth in section 301(b), and notwith^^nding any other provision of this Act, the Association is authorized to make commitments to purchase and to purchase, service, or sell any mortgages which are insured under title II of this Act or guaranteed under chapter 37 of title 38, United States Code, if the original principal obligation of any such mortgage does not exceed $15,000: Provided, That the Association is authorized to increase the foregoing amount for single family dwellings to not more than $17,500 ($22,500 in Alaska, Guam, or Hawaii) in any geographical area where the Secretary finds that cost levels so require. The total amount of such purchases and commitments made after August 1, 1966, shall not exceed $1,000,000,000 outstanding at any one time, and no such commitment shall be made unless the applicant therefor certifies that construction of the housing to be covered by the mortgage has not commenced. For the purposes of this subsection, $500,000,000 of the authority hereinabove provided shall be transferred from the amount of outstanding authority specified in subsection (c), and the amount of outstanding authority so specified shall be reduced by the amount so transferred." Approved September 10, 1966. Public Law 89-567

September 10, 1966

[H. R. 13703]

AN

ACT

r> ^ jji^j^^ technical amendments to titles 19 and 20 of the District of Columbia j^ CfMle.

D.e. Decedents' e s t a t e s, administration. 79 Stat. 698. 79 Stat. 7 33.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That section 19-308 of the District of Columbia Code is amended by striking out "survivors" and inserting in lieu thereof "survivor". SEC. 2. Section 20-2301 (b) of the District of Columbia Code is amended by striking out "The United States attorney for the District of Columbia" and inserting in lieu thereof "The Corporation Counsel of the District of Columbia". Approved September 10, 1966.

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