63 STAT.] 81ST CONG., IST SESS.-CHS. 85, 89-APR. 21 , 23, 1949 Whereas the quotas to which the aliens in most cases are chargeable are oversubscribed for several years: Therefore be it Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That American diplomatic and consular officers are hereby authorized to finish processing all cases of the alien fianc6s or fiancees of citizens of the United States which were pending at American diplomatic and consular offices on December 31, 1948, under Public Law 471, Seventy-ninth Congress (60 Stat. 339), as amended and extended, in the same manner as if that Act were still in effect: Provided, That the American citizen concerned in each case has personally met his or her fiance or fiancee: Providedfurther, That the processing of all such cases shall be com- pleted and the aliens concerned, who are granted visas, as well as those who received such visas before April 1, 1949, who arrive at a port of entry in the United States within five months after the effec- tive date of this Act, and who are found to be admissible under the immigration laws, including the provisions of Public Law 471, as amended, may be admitted into the United States within the period of validity of the visa, as provided in Public Law 471, as amended, the same as if it were still in effect: And provided further, That the record of entry of aliens admitted under the provisions of this Act, and under the provisions of Public Law 471, as amended, who within ninety days of admission marry the fiance or fiancee to whom they were destined at the time of entry, shall upon the submission of proof of marriage, be amended to show admission for permanent residence. Approved April 21, 1949. 57 Alien fiancSs or fi- ancees. Processing of visa cases. 50U.S.C. app. §§ 1851-1855; Supp. II , §1851. Record of entry. [CHAPTER 89] AN ACT April 23, 1949 To promote the settlement and development of the Territory of Alaska by facilitat- [s. Sl 9 ing the construction of necessary housing therein, and for other purposes. [Public Law 52] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Alaska Housing Act". SEC. 2 . (a) Title II of the National Housing Act, as amended, is hereby amended by adding at the end thereof a new section reading as follows: "SEC. 214. If the Federal Housing Commissioner finds that, because of higher costs prevailing in the Territory of Alaska, it is not feasible to construct dwellings on property located in Alaska without sacrifice of sound standards of construction, design, or livability, within the limitations as to maximum mortgage amounts provided in this Act, the Commissioner may, by regulations or otherwise, prescribe, with respect to dollar amount, a higher maximum for the principal obli- gation of mortgages insured under this Act covering property located in Alaska, in such amounts as he shall find necessary to compensate for such higher costs but not to exceed, in any event, the maximum otherwise applicable by more than one-third thereof. No mortgage with respect to a project or property in Alaska shall be accepted for insurance under this Act unless the Commissioner finds that the project or property is an acceptable risk, giving consideration to the acute housing shortage in Alaska: Provided,That any such mortgage may be insured or accepted for insurance without regard to any require- ment in any other section of this Act that the Commissioner find the project or property to be economically sound or an acceptable risk. Nowithstanding any of the provisions of this Act or any other law, the Alaska Housing Authority shall be eligible as mortgagor or mort- gagee, as the case may be, for any of the purposes of mortgage insur- ance under the provisions of this Act. Upon application by the Alaska Housing Act. 48 Stat. 1247 . 12 U.S. C.C§ 1707- 1715c; Supp. 11 , §§ 1709-1715c. Post, pp. 421, 576, 681, 05. Increase in linita- tion for insured imort- gages.