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[PUBLIC LAW 751-80TH CONGRESS]

[CHAPTER 615-2D SESSION]

[H. R. 6188]

AN ACT

To confer jurisdiction over the Fort Des Moines Veterans' Village upon the State of Iowa.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That exclusive civil and criminal jurisdiction, including the right of suffrage, over the Fort Des Moines Veterans' Village is hereby conferred upon the State of Iowa. Such jurisdiction shall terminate whenever the rights and privileges granted to the city of Des Moines by the instrument executed on December 24, 1946, by the United States (acting by the Commissioner of the Federal Public Housing Authority) and the city of Des Moines shall terminate.

SEC. 2. As used in this Act, the term "Fort Des Moines Veterans' Village" means the land leased by the United States to the city of Des Moines on December 24, 1946.

SEC. 3. This Act shall take effect upon the acceptance by the Executive Council of the State of Lowa of the jurisdiction conferred by the first section.

Approved June 24, 1948.

(236)

[PUBLIC LAW 796-80TH CONGRESS]

[CHAPTER 688-2D SESSION]

(H. R. 5710]

AN ACT

To amend the Act entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes", approved October 14, 1940, as amended.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Act entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes", approved October 14, 1940, as amended, is amended by adding at the end thereof the following new section 505:

"SEC. 505. (a) Upon the filing of a request therefor as herein provided, the Administrator shall relinquish and transfer, without monetary consideration, to any educational institution all contractual rights (including the right to revenues and other proceeds) and all property right, title, and interest of the United States in and with respect to any temporary housing located on land owned by such institution, or controlled by it and not held by the United States: Provided, That any net revenues or other proceeds from such housing to which the United States is entitled shall not cease, by virtue of this section 505, to accrue to the United States until the end of the month in which the rights, title, and interest with respect to such housing are relinquished and transferred hereunder, and the obligation of the transferee to pay such accrued amounts shall not be affected by this section: And provided further, That this shall not be deemed to require a transfer to an educational institution which has no contractual or other interest in the housing or the land on which it is located except that of a lessor. As used in this section, the term 'temporary housing' shall include any housing (including trailers and other mobile or portable housing) constructed, acquired, or made available under this title V, and includes any structures, appurtenances, and other property, real or personal, acquired for or held in connection therewith.

(b) The filing of a request under this section must be made within one hundred and twenty days of the date of enactment of the section and shall be authorized by the board of trustees or other governing body of the institution making the request. Such request shall be accompanied by an opinion of the chief law officer or legal counsel of the institution making the request to the effect that it has legal authority to make the request, to accept the transfer of and operate any property involved, and to perform its obligations under this section. The provisions of section 313 of this Act (and the contractual obligations of the educational institution to the Federal Government with respect thereto) shall cease to apply to any temporary housing to which rights are relinquished or transferred under this section 505 if (and only if) the request therefor is supported by a resolution of the governing body of the municipality or county having jurisdiction

in the area specifically approving the waiver of the requirements of said section 313. The Administrator shall act as promptly as practicable on any request which complies with the provisions of this section 505 and is fully supported as herein required.

"(c) In filling vacancies in any housing for which rights are relinquished or transferred under subsection (a) of this section. preference shall be given to veterans of World War II or servicemen, who are students at the educational institution, and their families: Provided, That the educational institution shall be deemed to comply with this subsection (c) if it makes available to veterans of World War II or servicemen and their families accommodations in any housing of the institution equal in number to the accommodations in the housing for which such rights are relinquished or transferred.” SEC. 2. (a) Any Federal agency (including any wholly owned Government corporation) administering utility installations connected to a utility system for housing under the jurisdiction of the Housing and Home Finance Administrator is authorized

(1) to continue to provide utilities and utility services to such housing as long as it is under the jurisdiction of the Administrator; (2) to contract with the purchasers or transferees of such housing to continue the utility connection with such installations and furnish such utilities and services as may be available and needed in connection with such housing, for such period of time (not exceeding the period of Federal administration of such installations) and subject to such terms (including the payment of the pro rata cost to the Government or the market value of the utilities and services furnished, whichever is greater) as may be determined by the head of the agency;

(3) to dispose of such installations, when excess to the needs of the agency, and where not excess to grant an option to purchase, to the purchasers or transferees of such housing, for an amount not less than the appraised value of the installations and upon such terms and conditions as the head of the agency shall establish. (b) Any Federal agency (including any wholly owned Government corporation) having under its jurisdiction lands across which run any part of a utility system for housing under the jurisdiction of the Administrator is authorized to grant to the Administrator, or to the purchasers or transferees of such housing, easements (which may be perpetual) on such land for utility purposes.

SEC. 3. Section 4 of the Act entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes", approved October 14, 1940, as amended, is hereby amended by striking out the period at the end thereof and adding the following: "Provided further, That, for the purposes of this section, housing constructed or acquired under the provisions of Public Law 781, Seventy-sixth Congress, approved September 9, 1940, or Public Law 9, 73, or 353, Seventy-seventh Congress, approved, respectively, March 1, 1941, May 24, 1941, and December 17, 1941, shall be deemed to be housing constructed or acquired under this Act."

SEC. 4. Section 313 of the Act entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes", approved October 14, 1940, as amended, is hereby amended by striking out the following words in the second sentence:

"two years after the President declares that the emergency declared by him on September 8, 1939, has ceased to exist" and inserting in lieu thereof "January 1, 1950".

SEC. 5. The Defense Homes Corporation is authorized to convey, without reimbursement therefor, to Howard University, a corporation organized pursuant to an Act of Congress, all of its right, title, and interest in certain lands in the District of Columbia, together with the improvements constructed thereon and the personal property used in connection therewith, and commonly known as Lucy Diggs Slowe Hall, 1919 Third Street Northwest, and George Washington Carver Hall, 211 Elm Street Northwest: Provided, That no employee of the United States or of the District of Columbia who, on the date of approval of this Act, is a tenant of either Lucy Diggs Slowe Hall or George Washington Carver Hall shall, unless quarters were assigned to such tenant on a transient basis or on the sole basis that the tenant was enrolled at an educational institution, be evicted from such halls within four years after the approval of this Act, except where such tenant commits a nuisance or otherwise violates any obligation of tenancy.

The Reconstruction Finance Corporation is hereby authorized and directed to discharge the indebtedness of the Defense Homes Corporation to the Reconstruction Finance Corporation in an amount equal to the Defense Homes Corporation's net investment in these properties as of the date of transfer, as determined by the President of the Defense Homes Corporation, and the Secretary of the Treasury is authorized and directed to discharge the indebtedness of the Reconstruction Finance Corporation to the Treasury in like amount as of the same date.

SEC. 6. The right, title, and interest in any lands, together with the improvements constructed thereon, which are conveyed pursuant to the authority granted by section 5 hereof, shall revert to the United States upon a written finding made by the President prior to July 1, 1963, that the property is needed by the United States in connection with a national defense emergency.

Approved June 28, 1948.

[PUBLIC LAW 864-80TH CONGRESS]

[CHAPTER 784-2D SESSION]

[S. 2790]

AN ACT

To amend the Servicemen's Readjustment Act of 1944, as amended, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That title III of the National Housing Act, as amended, is hereby amended to read as follows:

66

"TITLE III-FEDERAL NATIONAL MORTGAGE

ASSOCIATION

CREATION AND POWERS OF THE FEDERAL NATIONAL MORTGAGE ASSOCIATION

"SEO. 301. (a) The Administrator is further authorized and empowered to provide for the establishment of a Federal National Mortgage Association (hereinafter referred to as the "Association") which shall be authorized, subject to such rules and regulations as may be prescribed by the Association

"(1) to purchase, service, or sell any mortgages, which are insured after April 30, 1948, under section 203 or section 603 of this Act, or guaranteed under section 501, 502, or 505 (a) of the Servicemen's Readjustment Act of 1944, as amended: Provided, however, That

"(A) no mortgage shall be offered to the Association for purchase by, or if it covers property held by, Federal, State, or municipal instrumentalities;

"(B) no mortgage may be purchased for an amount exceeding the unpaid principal balance thereof, plus accrued interest, at the time of purchase;

"(C) no mortgage shall be offered to the Association for purchase if the original principal obligation of the loan exceeds or exceeded $10,000 for each family residence or dwelling unit covered by the mortgage or other lien securing the loan;

"(D) no mortgage shall be offered to the Association for purchase unless offered by the original mortgagee prior to any other sale thereof;

"(E) no mortgage shall be offered to the Association for purchase by any one mortgagee (1) unless such mortgage is secured by property used, or designed to be used, for residential purposes and (2) if the unpaid principal balance thereof, when added to the aggregate amount paid for all mortgages purchased by the Association from such mortgagee pursuant to authority contained herein, exceeds 25 per centum of the original principal amount of all mortgages made by

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