Pub. L. 87-70, tit. VI, sec. 602

limitation on mortgage amount

EnactedYear: 1961Length: 62 wordsOfficial source
limitation on mortgage amount Sec. 602. (a) Section 302(b) of the National Housing Act is amended by striking out “or 803” and inserting in lieu thereof “or title VIII”. (b) Section 302(b) of such Act is further amended by inserting before “or a mortgage covering property” the following: “or insured under section 213 and covering property located in an urban renewal area,”.