mortgage insurance for land development—clarifying amendments

mortgage insurance for land development—clarifying amendments Sec. 1019. Section 1001(d) of the National Housing Act is amended— (1) by striking out “sewerage disposal installations,” and inserting in lieu thereof “sewage disposal installations, steam, gas, and electric lines and installations,”; (2) by striking out the semicolon after “or common use”, and inserting in lieu thereof a period and the following new sentence: “Related uses may include industrial uses, with sites for such uses to be in proper proportion to the size and scope of the development.”; (3) by striking out “but such term” and inserting in lieu thereof: “The term improvements”; and (4) by inserting after “sewage disposal installation,” in clause (1) the following: “or a steam, gas, or electric line or installation,”.