Pub. L. 91-152, tit. I, sec. 113

increase in maximum mortgage amounts under fha insurance programs

EnactedYear: 1969Length: 735 wordsOfficial source
increase in maximum mortgage amounts under fha insurance programs Sec. 113. (a)(1) Section 203(b)(2) of the National Housing Act is amended by striking out “$30,000”, “$32,500”, and “$37,500” wherever they appear and inserting in lieu thereof “$33,000”, “$35,750”, and “$41,250”, respectively. (2) Section 203(h) of such Act is amended by striking out “$12,000” and inserting in lieu thereof “$14,400”. (3) Section 203(i) of such Act is amended by striking out “$13,500” and inserting in lieu thereof “$16,200”. (4) Section 203(m) of such Act is amended by striking out “$15,000” and inserting in lieu thereof “$18,000”. (b)(1) Section 207(c)(3) of such Act is amended by striking out “$9,000”, “$12,500”, “$15,000”, “$18,500”, and “$21,000” wherever they appear and inserting in lieu thereof “$9,900”, “$13,750”, “$16,500”, “$20,350”, and “$23,100”, respectively. (2) Section 207(c)(3) of such Act is further amended by striking out “$10,500”, “$18,000”, “$22,500”, and “$25,500” and inserting in lieu thereof “$11,550”, “$19,800”, “$24,750”, and “$28,050”, respectively. (c)(1) Section 213 (b)(2) of such Act is amended by striking out “$9,000”, “$12,500”, “$15,000”, “$18,500”, and “$21,000” wherever they appear and inserting in lieu thereof “$9,900”, “$13,750”, “$16,500”, “$20,350”, and “$23,100”, respectively. (2) Section 218(b)(2) of such Act is further amended by striking out “$10,500”, “$18,000”, “$22,500”, and “$25,500” and inserting in lieu thereof “$11,550”, “$19,800”, “$24,750”, and “$28,050”, respectively. 83 Stat. 384 (d)(1) Section 220(d)(3)(A)(i) of such Act is amended by striking out “$30,000”, “$32,500”, “$37,500”, and “$7,000” wherever they appear and inserting in lieu thereof “$33,000”, “$35,750”, “$41,250”, and “$7,700”, respectively. (2) Section 220(d)(3)(B)(iii) of such Act is amended by striking out “$9,000”, “$12,500”, “$15,000”, “$18,500” and “$21,000” wherever they appear and inserting in lieu thereof “$9,900”, “$13,750”, “$16,500”, “$20,350”, and “$23,100”, respectively. (3) Section 220(d)(3)(B)(iii) of such Act is further amended by striking out “$10,500”, “$18,000”, “$22,500”, and “$25,500” wherever they appear and inserting in lieu thereof “$11,550”, “$19,800”, “$24,750”, and “$28,050”, respectively. (4) Section 220(h)(2) of such Act is amended by striking out “$10,000” and inserting in lieu thereof “$12,000”. (e)(1) Section 221(d)(2) of such Act is amended by striking out “$15,000”, “$17,500”, “$20,000”, “$27,000”, and “$33,000” wherever they appear and inserting in lieu thereof “$18,000”, “$21,000”, “$24,000”, “$32,400”, and “$39,600” respectively. (2) Section 221(d)(2) of such tact is further amended by striking out “$25,000”, “$32,000”, and “$38,000” and inserting in lieu thereof “$30,000”, “$38,400”, and “$45,600”, respectively. (3) Section 221(d)(3)(ii) of such Act is amended by striking out “$8,000”, “$11,250”, “$13,500”, “$17,000”, and “$19,250” wherever they appear and inserting in lieu thereof “$9,200”, “$12,937.50”, “$15,525”, “$19,550”, and “$22,137.50”, respectively. (4) Section 221(d)(3)(ii) of such Act is further amended by striking out “$9,500”, “$16,000”, “$20,000”, and “$22,750” and inserting in lieu thereof “$10,925”, “$18,400”, “$23,000”, and “$26,162.50”, respectively. (5) Section 221(d)(4)(ii) of such Act is amended by striking out “$8,000”, “$11,250”, “$13,500”, “$17,000”, and “$19,250” wherever they appear and inserting in lieu thereof “$9,200”, “$12,937.10”, “$15,525”, “$19,550”, and “$22,137.50”, respectively. (6) Section 221(d)(4)(ii) of such Act is further amended by striking out “$9,500”, “$16,000”, “$20,000”, and “$22,750” and inserting in lieu thereof “$10,925”, “$18,400”, “$23,000”, and “$26,162.50”, respectively. (7) Section 221(h)(6)(A) of such Act is amended by striking out “$15,000” and inserting in lieu thereof “$18,000”. (f) Section 222(b)(2) of such Act is amended by striking out “$30,000” and inserting in lieu thereof “$33,000”. (g)(1) Section 231(c)(2) of such Act is amended by striking out “$8,000”, “$11,250”, “$13,500”, “$17,000”, and “$19,250” wherever they appear and inserting in lieu thereof “$8,800”, “$12,375”, “$14,850”, “$18,700”, “$21,175”, respectively. (2) Section 231(e)(2) of such Act is further amended by striking out “$9,500”, “$16,000”, “$20,000”, and “$22,750” and inserting in lieu thereof “$10,450”, “$17,600”, “$22,000”, and “$25,025”, respectively. (h)(1) Section 234(e) of such Act is amended by striking out “$30,000” and inserting in lieu thereof “$33,000”. (2) Section 234(e)(3) of such Act is amended by striking out “$9,000”, “$12,500”, “$15,000”, “$18,500”, and “$21,000” wherever they “appear and inserting in lieu thereof “$9,900”, “$13,750”, “$16,500”, $20,350”, and “$23,100”, respectively. (3) Section 234(e)(3) of such Act is further amended by striking out “$10,500”, “$18,000”, “$22,500”, and “$25,500” and inserting in lieu thereof “$11,550”, “$19,800”, “$24,750”, and “$28,050”, respectively. 83 Stat. 385 (i) Section 235 of such Act is amended by striking out “$15,000”, “$17,500”, and “$20,000” wherever they appear and inserting in lieu thereof “$18,000”, “$21,000”, and “$24,000”, respectively. (j) Section 237(c)(2) of such Act is amended by striking out “$15,000” and “$17,500” and inserting in lieu thereof “$18,000” and “$21,000”, respectively.