To transfer certain property and functions of the Housing and Home Finance Interior. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That all right, title, Certain Indian and interest, including contractual rights and reversionary interests, housing. held by the Federal Government in and with respect to project ALAS- Authority of 50080 heretofore administered by the Housing and Home Finance Ad- Department of ministrator, are hereby transferred to the Secretary of the Interior. All of the powers, duties, and responsibilities of the Housing and Home Finance Administrator under the purchase and sale contract executed on October 1, 1946, by the United States, represented by the Acting Commissioner of the Federal Public Housing Authority, and by the Hoonah Indian Association, and transferred to the Housing and Home Finance Administrator by Reorganization Plan Num bered 3 of 1947 (61 Stat. 954), are hereby transferred to the Secre- 5 USC 133y-16 tary of the Interior. There is also hereby transferred out of the note. fund entitled "Office of the Administrator revolving fund (liquidating programs)" established in the Office of the Administrator, Housing and Home Finance Agency, under title II of the Independent Offices Appropriation Act, 1955 (68 Stat. 272, 295), as amended, an amount 12 USC 1701gequal to gross receipts from the project transferred by this section. 5. SEC. 2. For the purpose of liquidating such project the Secretary of the Interior is authorized, within the limits of funds available under section 3 of this Act: (a) To make any surveys of the land on which the project is located that may be needed to vest titles in the individual purchasers of housing units, or to bring the housing project within the Hoonah townsite. (b) To finance transfers to the individual purchasers of housing units of any interests in the lands on which the housing units are located that may be vested in others. (c) To refund to individual Indians any payments made by them for housing accommodations which they did not receive. (d) To pay to individual Indians the fair value, as determined by the Secretary of the Interior, of any land which they conveyed to the Hoonah Indian Association for the use of the project in return for housing accommodations which they did not receive. (e) To make any repairs or improvements to individual housing units that may be needed to permit the disposition of such units to individual Indians. (f) To acquire by purchase or eminent domain any lands or interests in lands that are needed for streets and alleys within the project, and to dedicate such lands for public use; and to acquire by eminent domain any interests in land the acquisition of which is authorized to be financed under subsection (b) of this section, and to convey such interests to the purchaser of the individual housing units involved. (g) To allocate equally to the individual housing units the $240,000 purchase price which the Hoonah Indian Association agreed to pay to the United States, to credit against the allocated purchase price for each unit all payments on principal heretofore made with respect to such unit, and to cancel any portion of the remainder of the debt on any unit that exceeds the value of the unit (as determined by the Secretary) decreased by the sum of all payments on principal heretofore made with respect to such unit. Revolving fund. 72 Stat. 975. (h) To release from the mortgage securing the debt of the Hoonah Indian Association any individual housing unit upon payment of the uncanceled portion of the debt allocated to it. SEC. 3. All funds transferred to the Secretary of the Interior pursuant to section 1 of this Act and all funds hereafter collected from the project transferred by section 1 shall be established in a revolving fund in the Department of the Interior and may be used to carry out the purposes of this Act, including administrative expenses. Approved August 28, 1958. Public Law 85-844 August 28, 1958 AN ACT 72 Stat. 1063. Making appropriations for sundry independent executive bureaus, boards, commissions, corporations, agencies, and offices, for the fiscal year ending June 30, 1959, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the following Independent sums are appropriated, out of any money in the Treasury not other- Offices wise appropriated, for sundry independent executive bureaus, boards, Appropriation commissions, corporations, agencies, and offices, for the fiscal year ending June 30, 1959, namely: TITLE I-INDEPENDENT OFFICES HOUSING AND HOME FINANCE AGENCY OFFICE OF THE ADMINISTRATOR SALARIES AND EXPENSES For necessary expenses of the Office of the Administrator, including rent in the District of Columbia; services as authorized by section 15 of the Act of August 2, 1946 (5 U. S. C. 55a); not to exceed $425,000 for expenses of travel; and expenses of attendance at meetings of organizations concerned with the work of the Agency; $8,000,000: Provided, That necessary expenses of inspections and of providing representatives at the site of projects being planned or undertaken by local public agencies pursuant to title I of the Housing Act of 1949, as amended, projects financed through loans to educational institutions authorized by title IV of the Housing Act of 1950, as amended, and projects and facilities financed by loans to public agencies pursuant to title II of the Housing Amendments of 1955, as amended, shall be compensated by such agencies or institutions by the payment of fixed fees which in the aggregate will cover the costs of rendering such services, and expenses for such purpose shall be considered nonadministrative; and for the purpose of providing such inspections, the Administrator may utilize any agency and such agency may accept reimbursement or payment for such services from such institutions, or the Administrator, and shall credit such amounts to the appropriations or funds against which such charges have been made, but such nonadministrative expenses shall not exceed $2,500,000. URBAN PLANNING GRANTS For grants in accordance with the provisions of section 701 of the Housing Act of 1954, as amended, $3,250,000. RESERVE OF PLANNED PUBLIC WORKS (PAYMENT TO REVOLVING FUND) For payment to the revolving fund established pursuant to section 702 of the Housing Act of 1954, as amended (40 U. S. C. 462), $7,000,000. CAPITAL GRANTS FOR SLUM CLEARANCE AND URBAN RENEWAL For an additional amount for payment of capital grants as authorized by title I of the Housing Act of 1949, as amended (42 U. S. C. 1453, 1456), $50,000,000. Act, 1959. 60 Stat. 810. 63 Stat. 414. 42 USC 14511460. 64 Stat. 77. 12 USC 174917490. 69 Stat. 642. 42 USC 14911495. 68 Stat. 640. 40 USC 461. 69 Stat. 641. 63 Stat. 414. PUBLIC HOUSING ADMINISTRATION ANNUAL CONTRIBUTIONS 72 Stat. 1071. For the payment of annual contributions to public housing agencies in accordance with section 10 of the United States Housing Act of 1937, as amended (42 U. S. C. 1410), $107,500,000. ADMINISTRATIVE EXPENSES For administrative expenses of the Public Housing Administration, $11,800,000, to be expended under the authorization for such expenses contained in title II of this Act. NATIONAL CAPITAL HOUSING AUTHORITY OPERATION AND MAINTENANCE OF PROPERTIES For the operation and maintenance of properties under title I of the District of Columbia Alley Dwelling Act, $38,000: Provided, That all receipts derived from sales, leases, or other sources shall be covered into the Treasury of the United States monthly: Provided further, That so long as funds are available from appropriations for the foregoing purposes, the provisions of section 507 of the Housing Act of 1950 (Public Law 475, Eighty-first Congress), shall not be effective. TITLE II-CORPORATIONS FEDERAL HOME LOAN BANK BOARD LIMITATION ON ADMINISTRATIVE AND EXAMINATION EXPENSES, FEDERAL 50 Stat. 891; 70 Stat. 1103, 1104. 52 Stat. 1186. D.C. Code 5-103 to 5-111. 64 Stat. 81. Not to exceed a total of $1,600,000 shall be available for administrative expenses of the Federal Home Loan Bank Board, and shall be derived from funds available to the Federal Home Loan Bank Board, including those in the Federal Home Loan Bank Board revolving fund and receipts of the Federal Home Loan Bank Administration, the Federal Home Loan Bank Board, or the Home Loan Bank Board for the current fiscal year and prior fiscal years, and the Board may utilize and may make payment for services and facilities of the Federal home-loan banks, the Federal Reserve banks, the Federal Savings and Loan Insurance Corporation, and other agencies of the Government (including payment for office space): Provided, That all necessary expenses in connection with the conservatorship of institutions insured by the Federal Savings and Loan Insurance Corporation or preparation for or conduct of proceedings under section 5 (d) of the Home Owners' Loan Act of 1933 or section 407 of the National 68 Stat. 634; Housing Act and all necessary expenses (including services performed 64 Stat. 259. on a contract or fee basis, but not including other personal services) in connection with the handling, including the purchase, sale, and exchange, of securities on behalf of Federal home-loan banks, and the sale, issuance, and retirement of, or payment of interest on, debentures or bonds, under the Federal Home Loan Bank Act, as amended, shall be considered as nonadministrative expenses for the purposes hereof: Provided further, That not to exceed $55,000 shall be available for expenses of travel: Provided further, That members and alternates of the Federal Savings and Loan Advisory Council shall be entitled to reimbursement from the Board as approved by the Board 12 USC 1464 note, 1730. 47 Stat. 725. 12 USC 1421 1449. 12 USC 1730. 72 Stat. 1078. for transportation expenses incurred in attendance at meetings of LIMITATION ON ADMINISTRATIVE EXPENSES, FEDERAL SAVINGS AND Not to exceed $720,000 shall be available for administrative expenses, which shall be on an accrual basis and shall be exclusive of interest paid, depreciation, properly capitalized expenditures, expenses in connection with liquidation of insured institutions or preparation for or conduct of proceedings under section 407 of the National Housing Act, liquidation or handling of assets of or derived from insured institutions, payment of insurance, and action for or toward the avoidance, termination, or minimizing of losses in the case of insured institutions, legal fees and expenses, and payments for administrative expenses of the Federal Home Loan Bank Board determined by said Board to be properly allocable to said Corporation, and said Corporation may utilize and may make payment for services and facilities of the Federal home-loan banks, the Federal Reserve banks, the Federal Home Loan Bank Board, and other agencies of the Government: Provided, That not to exceed $15,400 shall be available for expenses of travel: Provided further, That notwithstanding any other provisions of this Act, except for the limitation in amount hereinbefore specified, the administrative expenses and other obligations of said Corporation shall be incurred, allowed and paid in accordance with. title IV of the Act of June 27, 1934, as amended (12 U. S. C. 48 Stat. 1255. 1724–1730). 64 Stat. 77. 64 Stat. 873. 12 USC 1811 note. HOUSING AND HOME FINANCE AGENCY LIMITATION ON ADMINISTRATIVE EXPENSES, OFFICE OF THE ADMINISTRATOR, COLLEGE HOUSING LOANS Not to exceed $1,675,000 shall be available for all administrative expenses, which shall be on an accrual basis, of carrying out the functions of the Office of the Administrator under the program of housing loans to educational institutions (title IV of the Housing Act of 1950, as amended, 12 U. S. C. 1749-1749d), but this amount shall be exclusive of payment for services and facilities of the Federal Reserve banks or any member thereof, the Federal home-loan banks, and any insured bank within the meaning of the Act creating the Federal Deposit Insurance Corporation (Act of August 23, 1935, as amended, 12 U. S. C. 264) which has been designated by the Secretary of the Treasury as a depository of public money of the United States: Provided, That not to exceed $65,000 shall be available for expenses of travel. |