Page:United States Statutes at Large Volume 84 Part 2.djvu/535

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

[84 STAT. 1865]
PUBLIC LAW 91-000—MMMM. DD, 1970
[84 STAT. 1865]

84 STAT. ]

PUBLIC LAW 91-621-DEC. 31, 1970

eligible for veterans' benefits by reason of the amendments made by the foregoing subsections shall be the date following the date of his discharge or release, or the first day of the month in which death occurred: Provided, That application therefor is filed within six months after the effective date of this Act. SEC. 7. (a) Section 216 of title II of the National Housing Act, as amended, is amended to read as follows:

1865

es Stat. MS^. ^'

"WAIVER OF OCCUPANCY REQUIREMENTS FOR SERVICEMEN

"SEC. 216. The Secretary is hereby authorized to insure any mortgage otherwise eligible for insurance under any of the provisions of this Act without regard to any requirement that the mortgagor be the occupant of the property at the time of insurance, where the Secretary is satisfied that the inability of the mortgagor to occupy the property is by reason of his entry on active duty in a uniformed service subsequent to the filing of an application for insurance and the mortgagor expresses an intent to occupy the property upon his release from active duty." (b) Section 222 of title II of the National Housing Act, as amended, J\^^^^'J^^' 83 Stat. 384. is amended to read as follows: 12 USC 1715m. 'MORTGAGE INSURANCE FOR SERVICEMEN

"SEC. 222. (a) The purpose of this section is to aid in the provision of housing accommodations for servicemen in the armed forces of the United States Coast Guard and their families, and servicemen in the United States National Oceanic and Atmospheric Administration and their families by supplementing the insurance of mortgages under section 203 of this title with a system of mortgage insurance specially ^^ ^^'^ ^^248. designed to assist the financing required for the construction or purchase of dwellings by those persons. As used in this section, a 'service- "serviceman." man' means a person to whom the Secretary of Defense (or any officer or employee designated by h i m), the Secretary of Transportation (or any officer or employee designated by h i m), or the Secretary of Commerce (or any officer or employee designated by h i m), as the case may be, has issued a certificate hereunder indicating that such person requires housing, is serving on active duty in the armed forces of the United States, in the United States Coast Guard, or in the United States National Oceanic and Atmospheric Administration and has served on active duty for more than two years, but a certificate shall not be issued hereunder to any person ordered to active duty for training purposes only. The Secretary of Defense, the Secretary of Rules and reKUTransiwrtation, and the Secretary of Commerce, respectively, are ^^*^'°"^authorized to prescribe rules and regulations governing the issuance of such certificates and may withhold issuance of more than one such certificate to a serviceman whenever in his discretion issuance is not justified due to circumstances resulting from military assignment, or, in the case of the United States Coast Guard or the United States National Oceanic and Atmospheric Administration, other assignment. " (b) To be eligible for insurance under this section a mortgage shall— "(1) meet the requirements of section 203(b), 203 (i), 221(d) (2), or 234(c), except as such requirements are modified by this 12 USC 1715Z, section; i7i5y.