Pub. L. 82-139, tit. VI, sec. 601

Sec. 601. Title VIII of the National Housing Act, as amended, is hereby amended— 65 Stat. 313 (a) By striking out of section 803 (a) “July 1, 1951” and substituting therefor “July 1, 1953”. The amendment made by this subsection shall be effective as of July 1, 1951. (b) By inserting before the period at the end of section 803 (b) (3) (C) the following: Provided, That the Commissioner may by regulation increase the $8,100 limitation by not exceeding $900 in any geographical area where he finds that cost levels so require”. (c) By inserting after the words “National Military Establishment” in the last sentence of section 803 (d) the words “or the Atomic Energy Commission”. (d) By adding at the end thereof the following new section: “Sec. 810. A mortgage which meets all of the eligibility requirements of this title except those specified in section 803 (b) (2) and which is secured by property designed for rent for residential use by personnel of the Atomic Energy Commission (including military personnel and Government contractors’ employees) employed or assigned to duty at the Atomic Energy Commission installation at or in the area in which such property is constructed shall be eligible for insurance under this title if the Atomic Energy Commission or its designee shall have certified to the Commissioner that the housing with respect to which the mortgage is made is necessary to provide adequate housing for such personnel, that such installation is deemed to be a permanent part of the Atomic Energy Commission establishment, and that there is no present intention to substantially curtail activities at such installation. Notwithstanding the provisions of any other law, preference or priority of opportunity in the occupancy of the mortgaged property for such personnel and their immediate families shall be provided under such regulations and procedures as may be prescribed by the Commissioner. To effectuate the purpose of this title the Atomic Energy Commission or its designee is authorized to exercise all the authority granted to the Secretary of Defense or the Secretary of the Army, Navy, or Air Force pursuant to this title. Nothing herein contained shall impair the powers vested in the Atomic Energy Commission by the Atomic Energy Act of 1946.”