term and renewal of contracts for low-rent housing in private accommodations

term and renewal of contracts for low-rent housing in private accommodations Sec. 204. (a) (1) Section 23(a)(3) of the United States Housing Act of 1937 is amended by striking out “an existing” and inserting in lieu thereof “a”. (2) Section 10(c) of such Act is amended by striking out “existing” in the last proviso. (b) The last sentence of section 23(d) of such Act is amended— (1) by striking out “not less than twelve months nor more than sixty months” and inserting in lieu thereof “not less than twelve months nor more than one hundred and twenty months”; and (2) by inserting before the period at the end thereof the following: “: Provided, That no renewal of such a contract shall result in a total term exceeding two hundred and forty months (or one hundred and eighty months in the case of an existing structure)”.