Codification
Section, [act Nov. 1, 1951, ch. 665], Ch. V, [65 Stat. 763], authorized the National Defense Housing Insurance Fund to be available for administrative expenses of the Federal Housing Administration. [Pub. L. 89–117, title XI, § 1108(aa)], Aug. 10, 1965, [79 Stat. 507], eliminated the Fund, and all functions, powers, and duties of the Federal Housing Administration and its Administrator were transferred to and vested in the Secretary of Housing and Urban Development by [Pub. L. 89–174, § 5], Sept. 9, 1965, [79 Stat. 669], classified to [section 3534 of Title 42], The Public Health and Welfare. [Act June 27, 1934, ch. 847], title V, § 519, as added Aug. 10, 1965, [Pub. L. 89–117, title II, § 214], [79 Stat. 471], classified to [section 1735c of this title], created the General Insurance Fund, which authorized the general expenses of the operations of the Department of Housing and Urban Development relating to mortgages and loans which are obligations of the General Insurance Fund to be charged to the General Insurance Fund.
