home improvement loans-increase in maximum maturity, finance charge, and loan amount

home improvement loans-increase in maximum maturity, finance charge, and loan amount Sec. 308. Section 2(b) of the National Housing Act is amended— (1) by striking out “$3,500” and inserting in lieu thereof “$5,000”; (2) by striking out “five year’s” and inserting in lieu thereof “seven years”; (3) by striking out “$5 discount” and inserting in lieu thereof “$5.50 discount”; and (4) by striking out “$1 discount” and inserting in lieu thereof “$4.50 discount”.