Public Law 84–217

That, notwithstanding the provisions of any other law, the Housing and Home Finance Administrator is authorized and directed to sell and convey all right, title, and interest of the United States (including any offsite easements) at fair market value, as determined by him on the basis of an appraisal made by an independent real estate expert selected by him, in and to War Housing Project MASS–19051, known as Old Colony project, containing eight hundred and seventy-three dwelling units and nondwelling facilities, on approximately eighteen acres of land in Boston, Massachusetts, to the Boston Housing authority, for use as a relocation project under applicable local law. The sale pursuant to this Act shall be on such terms and conditions as the Administrator shall determine, and the amount received for each project shall be reported by the Administrator to the Banking and Currency Committee of the Senate and the Banking and Currency Committee of the House of Representatives: Provided, That full payment to the United States shall be required within a period of not to exceed thirty years with interest on the unpaid balance not to exceed 5 per centum per annum: Provided further, That the provisions of this Act shall be effective only if the sale is consummated within six months after the time of approval of this Act: And provided further, That the Administrator may extend the time for the consummation of the sale for such additional period or periods of time as he may deem advisable.