What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
68 Stat 84th Congress accordance acquired added Administrator advances agency aggregate amount application appraised approved approved August assigned authorized cash centum certificate claim Commissioner commitment Congress connection construction contract Corporation cost covered debentures debentures issued default Defense designed determined dwelling effective eligible established event exceed excess executed existing expenses Finance finds functions gage held hereby amended Home Housing Insurance Fund improvements increase inserting in lieu insured under section interest investment issued July June less lieu thereof limitations loan maturity means ment mort mortgages insured mortgagor National Housing Act necessary operating otherwise outstanding paid paragraph payment period premium charges prescribe President principal obligation prior property or project Public Law purchase pursuant reasonable received refer regulations rent require respect Secretary section 203 sentence Stat striking subsection thereof tion transfer Treasury United
Page 4 - An Act to authorize Federal assistance to States and local governments in major disasters and for other purposes' (Public Law 875, Eightyfirst Congress, approved September 30, 1950), as amended, has determined to be a major disaster.
Page 18 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Page 17 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 23 - The power to convey and to execute in the name of the Administrator deeds of conveyance, deeds of release, assignments and satisfactions of mortgages, and any other written instrument relating to real property or any interest therein...
Page 29 - Such debentures shall be exempt, both as to principal and interest, from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by any Territory, dependency, or possession of the United States or by the District of Columbia, or by any State, county, municipality, or local taxing authority.
Page 43 - Treasury, at the time the mortgage was offered for insurance, but not to exceed 3 per centum per annum, payable semiannually on the 1st day of January and the 1st day of July of each year, and shall mature...
Page 39 - ... first mortgage" means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State, in which the real estate Is located, together with the credit instruments, If any, secured thereby. (b) The term "mortgagee...