Pub. L. 84-161, tit. V, sec. 509

Pub. L. 84-161, tit. V, sec. 509

EnactedYear: 1955Length: 110 wordsOfficial source
Sec. 509. The Secretaries of the Army, Navy, and Air Force are respectively authorized to acquire by purchase housing units which are located near military installations, which are adequate and suitable for housing military personnel and their dependents, and as to which a mortgage is insured by the Federal Housing Commissioner pursuant to title VI or title IX of the National Housing Act, subject to the outstanding mortgage thereon, and to assume I lie payments thereafter becoming due on such mortgage. The Secretary of the military department concerned may utilize appropriations available, for the construction of military public works for the liquidation of any outstanding mortgage assumed by the Government.
Pub. L. 84-161, tit. V, sec. 509 | Justis AI