Page:United States Statutes at Large Volume 97.djvu/230

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97 STAT. 198 PUBLIC LAW 98-35—MAY 26, 1983 96 Stat. 1231. purposes", approved May 7, 1968 (12 U.S.C. 1709-1(1)), is amended by striking out "May 21, 1983" and inserting in lieu thereof "Octo- ber 1, 1983". 96 Stat. 1231. 42 USC 1485. 96 Stat. 1231. 42 USC 1487. 96 Stat. 1231. 42 USC 1490c. EXTENSION OF RURAL HOUSING AUTHORITIES SEC. 3. (a) Section 515(b)(5) of the Housing Act of 1949 is amended by striking out "May 20, 1983" and inserting in lieu thereof "Sep- tember 30, 1983". (b) Section 517(a)(1) of such Act is amended by striking out "May 20, 1983" and inserting in lieu thereof "September 30, 1983". (c) Section 523(f) of such Act is amended by striking out "May 20, 1983" each place it appears and inserting in lieu thereof "September 30, 1983". 96 Stat. 1231. 42 USC 4026. 96 Stat. 1231. 42 USC 4056. 96 Stat. 1231. 12 USC 1749bbb. EXTENSION OF FLOOD, CRIME, AND RIOT INSURANCE PROGRAMS SEC. 4. (a) Section 1319 of the National Flood Insurance Act of 1968 is amended by striking out "May 20, 1983" and inserting in lieu thereof "September 30, 1983". (b) Section 1336(a) of such Act is amended by striking out "May 20, 1983" and inserting in lieu thereof "September 30, 1983". (c) Section 1201(b)(1) of the National Housing Act is amended by striking out "May 20, 1983" and inserting in lieu thereof "Septem- ber 30, 1983". 96 Stat. 1232. 12 USC 1455. EXEMPTION OF CERTAIN FEDERAL HOME LOAN MORTGAGE CORPORATION SECURITIES FROM SECURITIES REGULATIONS SEC. 5. Section 306 of the Federal Home Loan Mortgage Corpora- tion Act is amended by adding at the end thereof the following new subsection: "(g) All securities issued or guaranteed by the Corporation (other than securities guaranteed by the Corporation that are backed by mortgages not purchased by the Corporation) shall, to the same extent as securities that are direct obligations of or obligations guaranteed as to principal or interest by the United States, be deemed to be exempt securities within the meaning of the laws administered by the Securities and Exchange Commission.". EXTENSION OF EXPERIMENTAL HOUSING ALLOWANCE SUPPLY PROGRAM SEC. 6. (a) Section 504(b) of the Housing and Urban Development i2Usei70iz-3. Act of 1970 is amended— (1) by inserting "(1)" after "(b)"; and (2) by adding at the end thereof the following new paragraph: "(2) Notwithstanding the provisions of paragraph (1), the Secre- tary shall, to the extent approved in appropriation Acts, extend the annual contributions contracts for the experimental housing allow- ance supply program through September 30, 1989, on the same terms and conditions as the original contracts, for the sole purpose of providing assistance for homeowners participating in such pro- gram on June 1, 1983. In extending such contracts, the Secretary