An Act to stimulate the flow of mortgage credit for Federal Housing Administration and Veterans Administration assisted residential construction.
PL 89-566 (S.3688), enacted 09/10/1966

738 
PUBLIC LAW 89-566-SEPT. 10, 1966 
[80 STAT. 
Public Law 89-566 
AN ACT 
September 10, 1966 
[s. 3688] 
fo stimulate the flow of mortgage credit for Federal Housing Administration and 
Veterans' Administration assisted residential construction. 
Housing, 
Mortgage credit 
stimulation. 
68 Stat. 615. 
12 u s e 1719. 
12 u s e 1718. 
72 Stat. 74. 
12 u s e 1720. 
12 u s e 1716. 
12 u s e 1707-
1715y. 
72 Stat. 1203. 
38 u s e 1801. 
Be it enacted hy the Senate and House of Repj^esentatlves of the 
United States of America in Congress assembled^ That section B04(b) 
of the National Housing Act is amended by striking out "ten times the 
sum" and inserting in lieu thereof "fifteen times the sum". 
SEC. 2. (a) The second sentence of section 303(d) of the National 
Housing Act is amended by striking out "$115,000,000" and inserting 
in lieu thereof "$225,000,000". 
(b) The second sentence of section 303(e) of such Act is amended 
by striking out "$115,000,000" and inserting in lieu thereof "$225,-
000,000". 
SEC. 3. Section 305(g) of the National Housing Act is amended to 
read as follows: 
" (g) With a view to further carrying out the purposes set forth in 
section 301(b), and notwith^^nding any other provision of this Act, 
the Association is authorized to make commitments to purchase and to 
purchase, service, or sell any mortgages which are insured under title 
I I of this Act or guaranteed under chapter 37 of title 38, United States 
Code, if the original principal obligation of any such mortgage does 
not exceed $15,000: Provided^ That the Association is authorized to 
increase the foregoing amount for single family dwellings to not more 
than $17,500 ($22,500 in Alaska, Guam, or Hawaii) in any geographi-
cal area where the Secretary finds that cost levels so require. The total 
amount of such purchases and commitments made after August 1,1966, 
shall not exceed $1,000,000,000 outstanding at any one time, and no 
such commitment shall be made unless the applicant therefor certifies 
that construction of the housing to be covered by the mortgage has 
not commenced. 
For the purposes of this subsection, $500,000,000 of 
the authority hereinabove provided shall be transferred from the 
amount of outstanding authority specified in subsection (c), and the 
amount of outstanding authority so specified shall be reduced by the 
amount so transferred." 
Approved September 10, 1966. 
Public Law 89-567 
September 10, 1966 
A N A C T 
[H. R. 13703] 
r
j
>
^
^ jji^j^^ technical amendments to titles 19 and 20 of the District of Columbia 
CfMle. 
D.e. 
Decedents' 
estates, adminis-
tration. 
79 Stat. 698. 
79 Stat. 7 33. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled. That section 19-308 
of the District of Columbia Code is amended by striking out "sur-
vivors" and inserting in lieu thereof "survivor". 
SEC. 2. Section 20-2301 (b) of the District of Columbia Code is 
amended by striking out "The United States attorney for the District 
of Columbia" and inserting in lieu thereof "The Corporation Counsel 
of the District of Columbia". 
Approved September 10, 1966.