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gift 12-5-77

LETTERS OF TRANSMITTAL

MAY 1977. To: All Members of the Committee on Banking, Finance and Urban Affairs:

I hereby transmit for the use of the Committee on Banking, Finance, and Urban Affairs a revised Committee Print entitled, "Basic Laws and Authorities on Housing and Community Development." This compilation of laws and authorities is being updated in response to the numerous requests from Members of Congress and the public. The revision is made necessary by laws enacted, and numerous Executive Orders issued, since July 31, 1975, the date of our last revision.

The laws, Executive Orders, and other authorities contained in this Committee Print are those which authorize the functions and activities of the Department of Housing and Urban Development, or which are closely related to those functions and activities. They are arranged in accordance with their subject matter and are divided into the general categories of "Housing," "Community Development" and other "General Laws Applicable to Housing and Community Development Activities.”

The Committee has been assisted in the preparation of this revised compilation by the Office of General Counsel in the Department of Housing and Urban Development. As in past years, the excellent technical assistance provided by this Office has proved invaluable.

Sincerely,

HENRY S. REUSS, Chairman.

MAY 1977.

Hon. HENRY S. REUSS,

Chairman, Committee on Banking, Finance and Urban Affairs, U.S.
House of Representatives, Washington, D.O.

DEAR MR. CHAIRMAN: Transmitted herewith for your consideration is an extensive revision of the Committee publication "Basic Laws and Authorities on Housing and Community Development."

Due to the increased volume and the rapidly changing nature of laws and authorities relating to housing and community development, periodic revisions of this compilation of "Basic Laws" is necessary. In transmitting this revised compilation, I would like to acknowledge the excellent assistance in its preparation we received from the Office of General Counsel, Department of Housing and Urban Development.

Sincerely,

THOMAS L. ASHLEY, Chairman,
Subcommittee on Housing and

Community Development.

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VI

Part I-Basic Laws and Authorities on Housing-Continued

Low rent public housing-HUD_.

Other HUD housing assistance programs....
Emergency homeowners relief..

Housing for the elderly-

Page

349

407

407

415

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Federal National Mortgage Association-FNMA_
Government National Mortgage Association-GNMA_

Federal Home Loan Mortgage Corporation-FHLMC.
Participation sales_.

Interest rates-Federal-State conflict_

Rural, defense and veterans housing programs.
Department of Agriculture-FmHA....

575

588

609

617

623

625

625

Department of Defense...

657

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