Page:United States Statutes at Large Volume 93.djvu/1151

 PUBLIC LAW 96-153—DEC. 21, 1979

93 STAT. 1119

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION MAXIMUM MORTGAGE AMOUNT

SEC. 317. The second sentence of section 302(b)(1) of the National Housing Act is amended to read as follows: "Notwithstanding the provisions of clause (3) of the preceding sentence, the Association may purchase a mortgage under section 305 with an original principal obligation which exceeds the otherwise applicable maximum amount per dwelling unit if (1) the mortgage is insured under section 207(c)(3), 213(b)(2), 220(d)(3)(B)(iii), 221(d)(3)(ii), 221(d)(4)(ii), 231(c)(2), 234(e)(3), or 236, and (2) at least 20 per centum of the units covered by such mortgage are assisted under contracts authorized by section 8 of the United States Housing Act of 1937.".

12 USC 1717. 12 USC 1720.

12 USC 1713, 1715e, 1715k, 1715/, 1715v, 1715y, 1715Z-1. 42 USC 1437f.

SECTION 203(i) PROGRAM

S E C 318. Section 203(i) of the National Housing Act is amended— 12 USC 1709. (1) by striking out "adjacent to a public highway" in the last proviso and inserting in lieu thereof "adjacent to an all-weather public road"; and (2) by striking out "five" in the last proviso and inserting in lieu thereof "two and one-half. . « MATURITIES FOR SUPPLEMENTAL LOANS

SEC. 319. Section 241(b)(2) of the National Housing Act is amended 12 USC 17l5z-6. by striking out the phrase "but not to exceed the remaining term of the mortgage". AMENDMENT TO THE NATIONAL MOBILE HOME CONSTRUCTION AND SAFETY STANDARDS ACT OF 1974

SEC. 320. Section 620 of the National Mobile Home Construction and Safety Standards Act of 1974 is amended by inserting after 42 USC 5419. "conducting such inspections," the following: "and the Secretary may use any fees so collected to pay expenses incurred in connection with such inspections,". O W N E R S H I P OF M O B I L E H O M E SITES

SEC. 321. Not later than March 31, 1980, the Secretary of Housing and Urban Development shall transmit to the Congress a report containing recommendations for programs and policies which encourage individual ownership of mobile home lots through condominium or cooperative development of mobile home parks or through the development of mobile home subdivisions. INVALIDATION OF HUD INCREASES IN THERMAL REQUIREMENTS

SEC. 322. The final rule revision 6A of the Department of Housing and Urban Development (entitled "Increases in Thermal Requirements for HUD Minimum Property Standards" and contained in the Federal Register, volume 44, number 74, April 16, 1979, 24 CFR Part 200) is hereby disapproved and invalidated insofar as it applies to masonry construction.

Report to Congress. 12 USC 1703 note.

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