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Page:United States Statutes at Large Volume 61 Part 1.djvu/219

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61 STAT.] 80TH CONG. , 1ST SESS.-CH. 163 -JUNE 30, 1947 and (2) the reference in section 207 (k) to 'subsection (g)' shall be construed to refer to 'subsection (d)' of this section; (3) the references in section 207 (k) to insured mortgages shall be construed to refer to the assignment or other security for loans insured under this section; and (4) the references in section 603 (a) to a mortgage or mortgages shall be construed to include a loan or loans under this section. "(g) Notwithstanding any other provision of law, the Adminis- trator shall have the power to assign or sell at public or private sale, or otherwise dispose of, any evidence of debt, contract, claim, personal property, or security assigned to or held by him in connection with the payment of insurance heretofore or hereafter granted under this section, and to collect or compromise all obligations assigned to or held by him and all legal or equitable rights accruing to him in con- nection with the payment of such insurance until such time as such obligations may be referred to the Attorney General for suit or collection. "(h) The Administrator shall fix a premium charge for the insur- ance granted under this section, but such premium charge shall not exceed an amount equivalent to 1 per centum of the original principal of such loan, and such premium charge shall be payable in advance by the financial institution and shall be paid at such time and in such manner as may be prescribed by the Administrator. In addition to the premium charge herein provided for, the Administrator is author- ized to charge and collect such amounts as he may deem reasonable for examining and processing applications for the insurance of loans under this section, including such additional inspections as the Admin- istrator may deem necessary." SEC. 4. (a) In order to assure preference or priority to veterans of World War II or their families- (1) no housing accommodations consisting of a dwelling designed for a single family residence, the construction of which is completed after the date of enactment of this title and prior to March 1, 1948, shall be sold or offered for sale, prior to the expi- ration of thirty days after construction is completed, for occu- pancy by persons other than such veterans or their families; and (2) no housing accommodations, designed for occupancy by other than transients, the construction of which is completed after the date of enactment of this title and prior to March 1, 1948, shall be rented or offered for rent, prior to the expiration of thirty days after construction is completed, for occupancy by persons other than such veterans or their families; and (3) no housing accommodations consisting of a dwelling designed for a single-family residence, the construction of which is completed after the date of enactment of this title and prior to March 1, 1948, shall be sold or offered for sale to any person at a price less than the price for which it is offered to veterans or their amilies; and (4) no housing accommodations, designed for occupancy by other than transients, the construction of which is completed after the date of enactment of this title and prior to March 1, 1948, shall be rented or offered for rent, at a price less than the price for which it is offered for rent to veterans and their families; and (5) the Housing Expediter shall prescribe by regulations: (i) the manner in which such housing accommodations shall be publicly offered in good faith for sale or rental to veterans of World War II or their families in accordance with the provisions of this section, and (ii) exceptions to this section for hardship cases, including appropriate exceptions from the operation of paragraphs (3) and (4): Provided, That nothing contained in 195 Power of Adminis- trator to dispose of property, etc. Premium charge. Veterans' prefer- ence.