The Legislature finds that much of the housing owned by the government of Guam is not being put to maximum effective use, many of the units standing empty on practically a year-round basis; that no return is being earned on the considerable investment made by the Government in these housing units; that many of the elderly residents of Guam as well as those receiving welfare payments from the Government are without safe, sanitary and decent housing; that much of the limited income available to such persons is spent on inadequate and overpriced housing; and that, therefore, if these elderly, indigent and other persons that are temporarily wards of the Government such as those requiring emergency housing following catastrophic destruction of their own housing were to be housed in these underused government units, even at less than the fair market value of such units, the people of Guam would benefit since wards of the Government requiring safe, sanitary and decent housing would receive the same and the Government would receive at least a minimum return on its presently underutilized housing.

SOURCE: § 4305 GC as added by P.L. 14-134:1.