loans for previously occupied buildings and minimum site acquisition

loans for previously occupied buildings and minimum site acquisition Sec. 1001. (a) Section 501(a) of the Housing Act of 1949 is amended— (1) by inserting after “their farms,” in clause (1) the following: “and to purchase previously occupied buildings and land constituting a minimum adequate site, in order”; and (2) by inserting after “rural areas” in clause (2) the following: “for the construction, improvement, alteration, or repair of dwellings, related facilities, and farm buildings and to rural residents for such purposes and for the purchase of previously occupied buildings and the purchase of land constituting a minimum adequate site, in order”. (b) Section 501(c) of such Act is amended by inserting “or a rural resident” in clause (1) after “or that he is the owner of other real estate in a rural area”.