Page:United States Statutes at Large Volume 84 Part 2.djvu/445

 84 STAT. ]

PUBLIC LAW 91-609-DEC. 31, 1970

(d) Section 238(b) of such Act is amended by inserting before the period at the end of the sixth sentence the following: "or any agency of the United States: Provided, That such moneys shall to the maximum extent feasible be invested in such bonds or other obligations the proceeds of which will be used to directly support the residential mortgage market". (e) Section 519(c) of such Act is amended by inserting before the period at the end of the first sentence the following: "or any agency of the United States: Provided, That such moneys shall to the maximum extent feasible be invested in such bonds or other obligations the proceeds of which will be used to directly support the residential mortgage market".

1775 82 Stat. 4 8 7. 12 USC 17152-3.

79 Stat. 4 7 1. 12 USC 173SC.

ASSISTANCE U N D E R SECTION 2 3 6 A N D R E N T S U P P L E M E N T PROGRAMS FOR E X I S T I N G P R O J E C T S F I N A N C E D U N D E R CERTAIN STATE OR LOCAL PROGRAMS

SEC. 118. (a) Section 236(b) of the National Housing Act is amended by striking out "which prior to completion of construction or rehabilitation is approved for receiving the benefits of this section" and inserting in lieu thereof the following: "which may involve either new or existing construction and which is approved for receiving the benefits of this section". (b) The second sentence of section 101(b) of the Housing and Urban Development Act of 1965 is amended by striking out "which prior to completion of construction or rehabilitation is approved for receiving the benefits of this section" and inserting in lieu thereof the following: "which may involve either new or existing construction and which is approved for receiving the benefits of this section". LAND DEVELOPMENT

^n'e. p. 1772.

82 Stat. 503. ^^ ^^^ 1701 s.

PLANNING

SEC. 119. Section 1003(b)(3) of the National Housing Act is amended by inserting before the period at the end thereof the following: "; except that, in the case of land development covered by a mortgage with respect to which an insurance commitment is issued under this title before the expiration of one year after the date of enactment of the Housing and Urban Development Act of 1970, the requirement of this paragraph shall be applicable only if there is actually in existence on the date the commitment is issued a comprehensive plan which covers, or comprehensive planning being carried on for, the area in which the land is situated".

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OCCUPANCY P R E F E R E N C E I N F H A R E N T A L H O U S I N G FOR M I L I T A R Y PERSONNEL

S E C 120. (a) Section 101(c)(2) of the Housing and Urban Devel- 79 Stat. 451. opment Act of 1965 is amended by (1) striking out the word "or" between paragraphs (D) and (E), (2) striking out the period at the end of paragraph (E) and inserting in lieu thereof "; or", and (.3) adding after paragraph (E) the following: " (F) a family whose head, or spouse, is a member of the Armed Forces of the United States who is serving on active duty." (b) Paragraph (B) of section 101(e)(1) of such Act is amended by striking out the period and inserting in lieu thereof the following: "or is a member of the Armed Forces of the United States serving on active duty." (c) Section 7 of the Department of Housing and Urban Development Act (as amended by section 905 of this Act) is amended by ^^f ^544^^' adding at the end thereof the following new subsection: ^^42 USC 35*35..

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