Page:United States Statutes at Large Volume 84 Part 2.djvu/442

 1772

PUBLIC LAW 91-609-DEC. 31, 1970

[84

STAT.

I N C L U S I O N OF CERTAIN COSTS I N SECTION 2 3 (J PROJECTS 82 Stat. 499. 12 USC 1715Z-1. "Mortgage insurance premium.'

SEC. 108. Section 236(b) of the National Housing Act is amended by adding- at the end thereof the following new sentence: "The term 'mortgage insurance premium', when used in this section in relation to a project financed by a loan under a State or local program, means such fees and charges, approved by the Secretary, as are payable by the mortgagor to the State or local agency mortgagee to meet reserve requirements and administrative expenses of such agency.-' MAXIMUM A M O U N T OF F H A - I N S U R E D H O S P I T A L MORTGAGE

82 Stat. 599. 12 USC 17152-7.

SEC. 109. Section 242(d)(2) of the National Housing Act is amended by striking out "$25,000,000-' and inserting in lieu thereof '•$50,000,000''. MORTGAGE INSURANCE FOR PROPRIETARY H O S P I T A L S

SEC. 110. (a) Section 242(b)(1)(C) of the National Housing Act is amended to read as follows: " (C) which is a proprietary facility, or facility of a private nonprofit corporation or association, licensed or regulated by the State (or, if there is no State law providing for such licensing or regulation by the State, by the municipality or other political subdivision in which the facility is located); and". (b) The heading of section 242 of such Act is amended by striking out "NONPROFIT". 82 Stat. 600. 12 USC 17 15 c.

(c) The sixth sentence of section 212(a) of such Act is amended by striking out "or association" and inserting in lieu thereof ", association, or other organization". F H A S U P P L E M E N T A L LOANS FOR M U L T I F A M I L Y PROJECTS

82 Stat. 508. 12 USC 17152-6.

SEC. 111. Section 241 of the National Housing Act is amended— (1) by inserting "or covered by a mortgage held by the Secretary" immediately after "this Act" in the first sentence of subsection (a); (2) by striking out the proviso in subsection (a) and inserting in lieu thereof the following: ": Provided., That a loan involving a nursing home or a group practice facility may also be made for the purpose of financing equipment to be used in the operation of such nursing home or facility"; (3) by inserting "or an amount acceptable to the Secretary"' before the semicolon at the end of subsection (b)(1); and (4) by inserting "or pursuant to which the original mortgage covering the project or facility was insured'' before "; and" at the end of subsection (b)(5). MORTGAGES FOR C IV I L I A N P E R S O N N E L AT M I L I T A R Y I N S T A L L A T I O N S

70 Stat. 273. 12 USC 1748h-l.

SEC. 112. Section 809(b) of the National Housing Act is amended by inserting before the period at the end of the second sentence the following: ": Provided., That the Secretary shall relieve the Secretary of Defense from any obligation to guarantee the General Insurance Fund from loss with respect to a mortgage assumed by a person ineligible to receive a certificate under subsection (a), if the original mortgagor is issued another certificate with respect to a mortgage insured under this section on property which the Secretary determines is not an acceptable risk".

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