Authorizes the use of direct loans under the Housing Act of 1959 to finance the construction of housing projects for the elderly, with refinancing under the National Housing Act. Increases the amount authorized for such loans by $150,000,000 on July 1, 1973. Provides for the appointment of an assistant to the Secretary of Housing and Urban Development with responsibility for housing and related programs for the elderly.
Introduced in House
Introduced in House
Referred to House Committee on Banking and Currency.
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