K

(1) by striking out "Housing and Home Finance Administrator (hereinafter referred to as the 'Administrator')" in subsection (a) and inserting in lieu thereof "Secretary of Housing and Urban Development (hereinafter referred to as the 'Secretary')"; and

(2) by striking out "Secretary from time to time" in subsection (e) and inserting in lieu thereof "Secretary of Interior from time to time". (e) Section 905 of such Act is amended

(1) by striking out "Housing and Home Finance Administrator and the Public Housing Administration are" and inserting in lieu thereof "Secretary of Housing and Urban Development is"; and

(2) by striking out "Administration" both places it appears and inserting in lieu thereof "Secretary".

SEC. 219. The Foreign Assistance Act of 1961 is amended by striking out "Federal Housing Administration" in section 224(b)(1) and inserting in lieu thereof "Department of Housing and Urban Development".

SEC. 220. Section 2 of the Senior Citizens Housing Act of 1962 is amended by striking out "Housing and Home Finance Agency" in the second sentence and inserting in lieu thereof "Department of Housing and Urban Development". SEC. 221. (a) The Urban Mass Transportation Act of 1964 is amended by striking out "Administrator" each place it appears and inserting in lieu thereof "Secretary".

(b) Section 9 (c) (3) of such Act is amended to read as follows:

"(3) the term 'Secretary' means the Secretary of Housing and Urban Development;".

(c) The title of such Act is amended by striking out "Housing and Home Finance Administrator" and inserting in lieu thereof "Secretary of Housing and Urban Development".

SEC. 222. (a) Section 312 and title VIII of the Housing Act of 1964 are amended by striking out "Administrator" each place it appears and inserting in lieu thereof "Secretary".

(b) Section 107(g) of such Act is amended by striking out "Federal Housing Commissioner" and inserting in lieu thereof "Secretary of Housing and Urban Development".

(c) Section 312 of such Act is further amended

(1) by striking out "Housing and Home Finance Administrator" in subsection (a) and inserting in lieu thereof "Secretary of Housing and Urban Development";

(2) by striking out subsection (b) (4) and inserting in lieu thereof “(4) the term 'Secretary' means the Secretary of Housing and Urban Development"; and

(3) by striking out "Federal Housing Commissioner" in subsection (e) (4) (A) and inserting in lieu thereof "Secretary of Housing and Urban Development".

(d) Section 318 of such Act is amended by striking out "Housing and Home Finance Administrator" and inserting in lieu thereof "Secretary of Housing and Urban Development".

(e) Section 805 of such Act is amended by striking out " 'Administrator' means the Housing and Home Finance Administrator" in subsection (a) and inserting in lien thereof ""Secretary' means the Secretary of Housing and Urban Develop

ment".

(f) Section 810 of such Act is amended by striking out "Housing and Home Finance Administrator" in subsections (a) and (b) and inserting in lieu thereof "Secretary of Housing and Urban Development".

(g) Section 1005 of such Act is amended

(1) by striking out "Federal Housing Commissioner" and inserting in lieu thereof "Secretary of Housing and Urban Development”; and

(2) by striking out "Federal Housing Administration" and inserting in lieu thereof "Department of Housing and Urban Development”.

(h) Section 1006 of such Act is amended by striking out "Public Housing Commissioner" and inserting in lieu thereof "Secretary of Housing and Urban Development".

(i) Section 1007 of such Act is amended

(1) by striking out "Housing and Home Finance Administrator and the Public Housing Commissioner are" each place it appears and inserting in lien thereof "Secretary of Housing and Urban Development is"; and

(2) by striking out "Public Housing Administration" and inserting in lieu thereof "Secretary".

SEC. 223. (a) The Housing and Urban Development Act of 1965 is amended by striking out "Administrator" each place it appears in sections 101 (c), (d), (e) and (g); 301(b); 313(b); 315(a) (8); 402 and 404 (a) and inserting in lieu thereof "Secretary".

(b) Title VII of such Act is amended by striking out "Administrator" each place it appears and inserting in lieu thereof "Secretary”.

(c) Section 101 of such Act is amended

(1) by striking out "Housing and Home Finance Administrator (herein after referred to as the 'Administrator')" in subsection (a) and inserting in lieu thereof "Secretary of Housing and Urban Development (hereinafter referred to as the 'Secretary')"; and

(2) by striking out all of the second sentence of subsection (g) and inserting in lieu thereof "Nothing contained in this section shall affect the authority of the Secretary of Housing and Urban Development with respect to any housing assisted under this section, sections 221 (d) (3) and 231 (c) (3) of the National Housing Act, and section 202 of the Housing Act of 1959, including the authority to prescribe occupancy requirements under other provisions of law or to determine the portion of such housing which may be occupied by qualified tenants."

(d) Section 107 of such Act is amended

(1) by striking out “Federal Housing Commissioner” in subsection (a) (2) (A) and inserting in lieu thereof "Secretary of Housing and Urban Develop ment"; and

(2) by striking out "Federal Housing Commissioner" each place it appears in subsection (e) and inserting in lieu thereof "Secretary of Housing and Urban Development".

(e) Section 108 (d) of such Act is amended

(1) by striking out "Federal Housing Commissioner, and the Federal Housing Commissioner" and inserting in lieu thereof "Secretary of Housing and Urban Development, and the Secretary"; and

(2) by striking out "Commissioner" and inserting in lieu thereof "Secretary".

(f) Section 301 of such Act is amended by striking out "Housing and Home Finance Administrator" in the third sentence of subsection (a) and inserting in lieu thereof "Secretary of Housing and Urban Development".

(g) Section 315 of such Act is amended

(1) by striking out “Housing and Home Finance Administrator” in subsection (a) (8) and inserting in lieu thereof "Secretary of Housing and Urban Development";

(2) by striking out “Housing and Home Finance Administrator and Public Housing Commissioner are" in subsections (b) (1) and (2) and inserting in lieu thereof "Secretary of Housing and Urban Development is"; and (3) by striking out "Public Housing Administration" in subsection (b) (1) and inserting in lieu thereof "Secretary".

(h) Section 401 (5) of such Act is amended to read as follows:

"(5) the term 'Secretary' means the Secretary of Housing and Urban Development".

(i) Section 702 of such Act is amended by striking out "Housing and Home Finance Administrator (hereinafter in this title referred to as the 'Adminis trator')" in subsection (a) and inserting in lieu thereof "Secretary of Housing and Urban Development (hereinafter in this title referred to as 'Secretary')". (j) Section 1113 of such Act is amended by striking out "Housing and Home Finance Administrator" and inserting in lieu thereof "Secretary of Housing and Urban Development".

SEC. 224. Section 501 of the Military Construction Authorization Act, 1966, is

amended

(a) by striking out “Administrator, Housing and Home Finance Agency" in the first sentence and inserting in lieu thereof "Secretary of Housing and Urban Development"; and

(b) by striking out “Administrator" in the second sentence and inserting in lieu thereof "Secretary of Housing and Urban Development". SEC. 225. (a) Sections 493, 657, and 1006 of title 18, United States Code, are amended by striking out "Federal Housing Administration" and inserting in lieu thereof "Department of Housing and Urban Development".

(b) The eighth paragraph of section 709 of such title is amended to read as follows:

tended:

"Whoever uses as a firm or business name the words "Department of Housing and Urban Development", "Housing and Home Finance Agency", "Federal Housing Administration", "Federal National Mortgage Association", "United States Housing Authority" or "Public Housing Administration" or the letters "HUD", tor" "FHA". "PHA", "USHA", or any combination or variation of those words or the letters "HUD", "FHA", "PHA", or "USHA" alone or with other words or letters reasonably calculated to convey the false impression that such name or business has some connection with, or authorization from, the Department of Housing and Urban Development, the Housing and Home Finance Agency, the Federal Housreining Administration, the Federal National Mortgage Association, the United States Housing Authority, the Public Housing Administration, the Government of the dnited States or any agency thereof, which does not in fact exist, or falsely ther claims that any repair, improvement, or alteration of any existing structure is are required or recommended by the Department of Housing and Urban Development, Be the Housing and Home Finance Agency, the Federal Housing Administration, the 16 Federal National Mortgage Association, the United States Housing Authority, ther the Public Housing Administration, the Government of the United States or any maagency thereof, for the purpose of inducing any person to enter into a contract for the making of such repairs, alterations, or improvements, or falsely advertises or falsely represents by any device whatsoever that any housing unit, project, business, or product has been in any way endorsed, authorized, inspected, Dere appraised, or approved by the Department of Housing and Urban Development, the Housing and Home Finance Agency, the Federal Housing Administration, the Federal National Mortgage Association, the United States Housing Authority, ing the Public Housing Administration, the Government of the United States or any Agency thereof; or".

appe

d

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(c) Section 1010 of such title is amended

(1) by striking out the caption and inserting in lieu thereof "Department of Housing and Urban Development and Federal Housing Administration transactions";

(2) by striking out "Federal Housing Administration" and inserting in lieu thereof "Department of Housing and Urban Development"; and

(3) by striking out "Administration" both places it appears and inserting in lieu thereof "Department".

(d) Section 1012 of such title is amended

(1) by striking out the caption and inserting in lieu thereof "Department of Housing and Urban Development transactions";

(2) by striking out "Public Housing Administration" and inserting in lieu thereof "Department of Housing and Urban Development"; and

(3) by striking out "Administration" each place it appears and inserting in lieu thereof "Department".

(e) The analysis of chapter 47, title 18, United States Code, immediately pre bceding section 1001, is amended

(1) by striking out item 1010 and inserting in lieu thereof

1910. Department of Housing and Urban Development and Federal Housing Administra

and

tion transactions";

(2) by striking out item 1012 and inserting in lieu thereof

1012. Department of Housing and Urban Development transactions".

SEc. 226. Title 38, United States Code, is amended—

(a) by striking out "Federal Housing Commissioner" in section 1804 (b), (d), and (e) and inserting in lieu thereof "Secretary of Housing and Urban Development"; and

(b) by striking out "Federal Housing Administration approved mortgagee designated by the Federal Housing Commissioner" in section 1802(d) and inserting in lieu thereof "mortgagee approved by the Secretary of Housing and Urban Development and designated by him".

SEC. 227. Section 24 of the Federal Reserve Act is amended by striking out Housing and Home Finance Administrator" in the first sentence of the fourth paragraph and inserting in lieu thereof "Secretary of Housing and Urban Development".

SEC. 228. (a) The penultimate sentence of paragraph Seventh of section 5136 of the Revised Statutes is amended

(1) by striking out "Housing and Home Finance Administrator” and inserting in lieu thereof "Secretary of Housing and Urban Development";

(2) by striking out “Administrator” each place it appears and inserting in lieu thereof “Secretary”;

(3) by striking out "Federal Housing Administrator" and inserting in lieu thereof "Secretary of Housing and Urban Development"; and

(4) by striking out "Public Housing Administration" each place it appear and inserting in lieu thereof "Secretary of Housing and Urban Development" (b) Paragraph (11) of section 5200 of the Revised Statutes is amended(1) by striking out "or the Public Housing Administration"; (2) by striking out "or Administration" in both places it appears; (3) by striking out "Housing and Home Finance Administrator" and inserting in lieu thereof "Secretary of Housing and Urban Development" and

(4) by striking out “Administrator" each place it appears and inserting in lieu thereof "Secretary".

SEC. 229. Any function or authority vested in or exercisable by the Federa Home Loan Bank Board, the Chairman thereof, or the Federal Savings and Loan Insurance Corporation immediately before the enactment of this title shall not by this title or anything therein be affected or impaired, or subjected to any restriction or limitation to which it was not then subject.

[H.R. 9256, 89th Cong., 1st sess.]

A BILL To amend the National Housing Act to provide mortgage insurance, and authoriz direct loans by the Housing and Home Finance Administrator, to help finance the cos of constructing and equipping facilities for the group practice of medicine or dentistr Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That it is the purpose of this Act t assure the availability of credit on reasonable terms to units or organization engaged in the group practice of medicine or dentistry, particularly those i smaller communities and those sponsored by cooperative or other nonprofi organizations, to assist in financing the construction and equipment of group practice facilities.

TITLE I-MORTGAGE INSURANCE PROGRAM

ESTABLISHMENT OF PROGRAM

SEC. 101. The National Housing Act is amended by adding at the end thereo the following new title:

"TITLE X-MORTGAGE INSURANCE FOR GROUP PRACTICE

FACILITIES

"INSURANCE OF MORTGAGES

"SEC. 1001. (a) The Commissioner is authorized (1) to insure mortgage (including advances on such mortgages during construction), upon such term and conditions as he may prescribe, in accordance with the provisions of thi title, and (2) to make commitments for the insurance of such mortgages prio to the date of their execution or disbursement thereon. No mortgage shall b insured under this title after June 30, 1970, except pursuant to a commitmen to insure issued before that date.

"(b) To be eligible for insurance under this title, the mortgage shall (1) b executed by a mortgagor that is a group practice unit or organization, approve by the Commissioner, (2) be made to and held by a mortgagee approved by th Commissioner as responsible and able to service the mortgage properly, an (3) cover a property or project which is approved for mortgage insurance prio to the beginning of construction or rehabilitation and is designed for use a a group practice facility which the Commissioner finds will be constructed i an economical manner, will not be of elaborate or extravagant design or material and will be adequate and suitable for carrying out the purposes of this titl "(c) The mortgage shall

"(1) not exceed 90 per centum of the amount which the Commissione estimates will be the value of the property or project when construction completed, and the value of the property may, in the Commissioner discretion, include the land and the proposed physical improvements (or, i

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the case of expansion, remodeling, or alteration of existing buildings, the land and all improvements as so expanded, remodeled, or altered), utilities within the boundaries of the property, architects' fees, taxes, and interest accruing during construction, and other miscellaneous charges incident to construction and approved by the Commissioner;

"(2) have a maturity satisfactory to the Commissioner but not to exceed twenty-five years, and provide for complete amortization of the principal obligation by periodic payments within such term as the Commissioner shall prescribe; and

"(3) bear interest (exclusive of premium charges for insurance, and service charges if any) at a rate of not to exceed 5 per centum per annum of the amount of the principal obligation outstanding at any time, or not to exceed such rate (not in excess of 6 per centum per annum) as the Commissioner finds necessary to meet the mortgage market.

the Fei "(d) Any contract of insurance executed by the Commissioner under this title avings shall be conclusive evidence of the eligibility of the mortgage for insurance, and thisthe validity of any contract for insurance so executed shall be incontestable in sub the hands of an approved mortgagee from the date of the execution of such contract, except for fraud or misrepresentation on the part of such approved mortgagee.

"(e) The maximum aggregate amount of insurance liability (contingent or actual) with respect to mortgages insured under this title outstanding at any one time shall not exceed whichever is the lesser of (1) $200,000,000 less the aggregate cat principal amount of loans outstanding at such time from the Group Practice Det Facilities Loan Fund established by section 202 of the Act which enacted this title, and (2) twenty times the sum transferred to the Group Practice Facilities Insurance Fund from appropriations under section 301 of such Act to provide capital for the Fund. For the purposes of this subsection, the insurance liability (contingent or actual) with respect to any mortgage insured under this title the shall be deemed to be the outstanding principal obligation of the mortgage. "(f) Each mortgage insured under this title shall contain an undertaking (in accordance with regulations prescribed under this title and in force at the time the mortgage is approved for insurance) to the effect that, except as anthorized by the Commission and the mortgagee, the property will be used as A group practice facility until the mortgage has been paid in full or the contract of insurance otherwise terminated.

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of

"(g) No mortgage shall be insured under this title unless the mortgagor and the mortgagee certify (1) that they will keep such records relating to the mortgage transaction and indebtedness, to the construction of the facility covered by the mortgage, and to the use of such facility as a group practice facility as are prescribed by the Commissioner at the time of such certification, (2) that they ICE will make such reports as may from time to time be required by the Commissioner pertaining to such matters, and (3) that the Commissioner or any authorized officer or employee of the Federal Housing Administration, or of any agency or institution employed or utilized by the Commissioner for that purpose, shall have access to and the right to examine and audit such records.

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"PREMIUMS

"SEC. 1002. The Commissioner shall fix premium charges for the insurance of mortgages under this title, but such charges shall not be more than 1 per centum per annum of the amount of the principal obligation of the mortgage outstanding at any time, without taking into account delinquent payments or prepayments. Such premium charges shall be payable by the mortgagee either in cash, or in debentures issued by the Commissioner under this title at par plus accrued interest, at such times and in such manner as may be prescribed by the Commissioner.

"GROUP PRACTICE FACILITIES INSURANCE FUND

"SEC. 1003. (a) There is hereby established a Group Practice Facilities Insurance Fund (hereafter in this section called the 'Fund') to be used by the Commissioner as a revolving fund to carry out the provisions of this title, and the Commissioner is hereby authorized to transfer to the Fund from time to time from the appropriations provided under section 301 of the Act which enacted this title such sums as he deems necessary to provide capital for the Fund. General expenses of the opinion of the Federal Housing Administration under this title may be charged to the Fund. Moneys in the Fund not needed for