Pub. L. 89-754, tit. III, sec. 306
increased mortgage limitations under section 220(d)(3)(b) for small projects containing larger family dwelling units
increased mortgage limitations under section 220(d)(3)(b) for small projects containing larger family dwelling units Sec. 306. (a) Section 220(d) (3) (B) (iii) of the National Housing Act is amended by inserting after and except that” the following: “with respect to rehabilitation projects involving not more than five family units, the Secretary may by regulation increase by 25 per centum any of the foregoing dollar amount limitations contained in 80 Stat. 1268this clause which are applicable to units with two, three, or four or more bedrooms: Provided, That”. (b) Section 220(d) (3) (B) (iii) of such Act is further amended— (1) by inserting immediately before “by not to exceed 45 per centum” the following: “(as determined after the application of the preceding proviso)”; and (2) by striking out “Provided, That nothing” and inserting in lieu thereof “Provided further, That nothing”.