REPEAL OF TITLE X LAND DEVELOPMENT PROGRAM.

SEC. 133. REPEAL OF TITLE X LAND DEVELOPMENT PROGRAM. (a) Repeal.—Title X of the National Housing Act is hereby repealed. (b) Applicability.—On or after the date of enactment of this Act, no mortgage may be insured under title X, as such title existed immediately before such date, except pursuant to a commitment to insure made before such date. (c) Savings Provision.—Any contract of insurance entered into under title X before the date of enactment of this Act shall be governed by the provisions of such title as such title existed immediately before such date. (d) Conforming Amendments.—The National Housing Act is amended— (1) in section 1, by striking “X,” each place it appears; (2) in section 212(a), by striking the seventh sentence; (3) in section 512, by striking “X,” in the first sentence; (4) in section 522, by inserting “, as such title existed immediately before the date of the enactment of the Department of Housing and Urban Development Reform Act of 1989,” after “title X of this Act”; and (5) in section 530, by striking “X,”.