Page:United States Statutes at Large Volume 83.djvu/835

 83 STAT. ]

PUBLIC LAW 91-175-DEC. 30, 1969

807

" (g) No funds appropriated for the Office of Saline Water pursuant to the appropriation authorized by the Act of July 11, 1969 (83 Stat. 45, Public Law 91-43), or prior authorization Acts, shall be used to carry out the purposes of this section. "SEC.

220. PROGRAMS FOR PEACEruL COMMUNICATION.— (a)

The

President is authorized to use funds made available under section 212 ^"'=' P* ^°5. to carry out programs of peaceful communications which make use of television and related technologies, including satellite transmissions, for educational, health, agricultural, and community development purposes in the less developed countries. "(b) I n carrying out programs in the fields of education, health, agriculture, and community development, the agency primarily responsible for part I shall, to the extent possible, assist the develop- g/statf-j/s^^' ing countries with research, training, planning assistance, and project 22 USC arsi. support in the use of television and related technologies, including satellite transmissions. The agency shall make maximum use of existing satellite capabilities, including the facilities of the International Telecommunications Satellite Consortium. "(c) I n implementing activities under this section, the agency primarily responsible for part I shall coordinate closely with Federal, State, and local agencies and with nongovernmental educational, health, and agricultural institutions and associations within the United States." HOUSING GUARANTIES; OVERSEAS PRIVATE INVESTMENT CORPORATION

SEC. 105. Chapter 2 of part I of such Act, relating to development 7^ Stat. 429, assistance, is amended by striking out title III and title IV and 22 USC 2i8i, inserting in lieu thereof the following new titles: 2191. " TITLE III — H O U S I N G GUARANTIES

221. WORLDWIDE HOUSING GUARANTIES.—In order to facilitate and increase the participation of private enterprise in furthering the development of the economic resources and productive capacities of less developed friendly countries and areas, and promote the development of thrift and credit institutions engaged in programs of mobilizing local savings for financing the construction of self-liquidating housing projects and related community facilities, the President is authorized to issue guaranties, on such terms and conditions as he shall determine, to eligible investors as defined in section 238(c), assuring against loss of loan investments for self-liquidating housing projects. The total face amount of guaranties issued hereunder, outstanding at any one time, shall not exceed $130,000,000. Such guaranties shall be issued under the conditions set forth in section 222(b) and section 223. "SEC.

"SEC. 222. HOUSING PROJECTS I N L A T I N AMERICAN COUNTRIES.—(a)

The President shall assist in the development in the American Republics of self-liquidating housing projects, the development of institutions engaged in Alliance for Progress programs, including cooperatives, free labor unions, savings and loan type institutions, and other private enterprise programs in Latin America engaged directly or indirectly in the financing of home mortgages, the construction of homes for lower income persons and families, the increased mobilization of savings and improvement of housing conditions in Latin America. " (b) To carry out the purposes of subsection (a), the President is authorized to issue guaranties, on such terms and conditions as he

^°® P* S^*

�