Page:United States Statutes at Large Volume 96 Part 1.djvu/1273

 PUBLIC LAW 97-289—OCT. 6. 1982

96 STAT. 1231

FLEXIBLE INTEREST RATE AUTHORITY

SEC. 2. Section 3(a)(1) of the Act entitled "An Act to amend chapter 37 of title 38 of the United States Code with respect to the 38 USC 1801 et veterans' home loan program, to amend the National Housing Act seq. with respect to interest rates on insured mortgages, and for other purposes", approved May 7, 1968 (12 U.S.C. 1709-1), is amended by Striking out "October 1, 1982" and inserting in lieu thereof "May 21, 1983". EXTENSION OF RURAL HOUSING AUTHORITIES

SEC. 3. (a) Section 515(b)(5) of the Housing Act of 1949 is amended 42 USC 1485. by striking out "September 30, 1982" and inserting in lieu thereof "May 20, 1983". (b) Section 517(a)(1) of such Act is amended by striking out "Sep- 42 USC 1487. tember 30, 1982" and inserting in lieu thereof "May 20, 1983". (c) Section 523(f) of such Act is amended by striking out "Septem- 42 USC 1490c. ber 30, 1982" each place it appears and inserting in lieu thereof "May 20, 1983". OTHER INSURANCE PROGRAMS

SEC. 4. (a) Section 1319 of the National Flood Insurance Act of 1968 is amended by striking out "September 30, 1982" and inserting 42 USC 4026. in lieu thereof "May 20, 1983". (b) Section 1336(a) of such Act is amended by striking out "Sep- 42 USC 4056. tember 30, 1982" and inserting in lieu thereof "May 20, 1983". (c) Section 1201(bKl) of the National Housing Act is amended by 12 USC 1749bbb. striking out "September 30, 1982" and inserting in lieu thereof "May 20, 1983". COMMUNITY DEVELOPMENT DEFINITIONS

SEC. 5. Section 102(a) of the Housing and Community Develop- 42 USC 5302. ment Act of 1974 is amended— (1) in paragraph (4), by striking out "under clause (B) of this paragraph shall continue to" and inserting in lieu thereof "under this paragraph because the population of such city exceeded fifty thousand shall"; (2) in paragraph (4), by striking out "1982" and inserting in lieu thereof "1983"; and (3) in the second sentence of paragraph (6)— (A) by striking out "for fiscal year 1982" the first place it appears and inserting in lieu thereof "before October 1, 1983,"; (B) by striking out "for fiscal year 1982" the second place it appears and inserting in lieu thereof "through September 30, 1983,"; and (C) by striking out "that fiscal year" and inserting in lieu thereof "through such date".

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