Page:United States Statutes at Large Volume 102 Part 4.djvu/306

 102 STAT. 3276

PUBLIC LAW 100-628—NOV. 7, 1988

SEC. 1067. RECIPROCITY IN APPROVAL OF HOUSING SUBDIVISIONS AMONG FEDERAL AGENCIES.

Termination date.

Reports.

Section 535 of the Housing Act of 1949 (42 U.S.C. 1490o) is amended— (1) by inserting "(a)" after the section designation; and (2) by adding at the end the following new subsections: "(b) For purposes of complying with subsection (a), the Secretary of Housing and Urban Development shall consider the issuance by the Administrator of Veterans Affairs of a certificate of reasonable value for 1 or more properties in a subdivision to be an administrative approval for the entire subdivision. This subsection shall not apply after the expiration of the 1-year period beginning on the date of the enactment of the Stewart B. McKinney Homeless Assistance Amendments Act of 1988. "(c) Before the expiration of the period referred to in subsection (b), the Secretary of Housing and Urban Development shall report to the Congress on housing subdivision approval policies and practices, if any, of the Departments of Housing and Urban Development and Agriculture and the Veterans' Administration. The report shall focus on the administration of environmental laws in connection with any such policies and practices, and shall recommend any statutory, regulatory, and administrative changes needed to achieve total reciprocity for such housing subdivision approvals. The Secretary of Housing and Urban Development shall consult with the foregoing agencies, and such other agencies as the Secretary selects, in preparing the report.". SEC. 1068. PERMANENT AUTHORITY TO PURCHASE SECOND MORTGAGES ON MULTIFAMILY PROPERTIES. (a)

FEDERAL

NATIONAL

MORTGAGE

ASSOCIATION.—Section

3O20b)(5)(A)(ii) of the Federal National Mortgage Association Charter Act (12 U.S.C. 1717(b)(5)(A)(ii)) is amended by striking "until October 1, 1985,". (b)

FEDERAL

HOME

LOAN

MORTGAGE

CORPORATION.—Section

305(a)(4)(A)(ii) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1454(a)(4)(A)(ii)) is amended by striking "until October 1, 1985,".

Subtitle E—Community Development and Miscellaneous Programs SEC. 1081. CITY AND COUNTY CLASSIFICATIONS. (a) METROPOUTAN CITY.— (1) RETENTION OF CLASSIFICATION.—Section

102(a)(4) of the Housing and Community Development Act of 1974 (42 U.S.C. 5302(a)(4)) is amended in the second sentence— (A) by striking "the population data of the 1980 decennial census" and inserting a decrease in population"; and (B) by inserting * or any subsequent fiscal year" after "1983". (2)

DEFERRAL OF CLASSIFICATION.—Section 102(a)(4) of

the

Housing and (Community Development Act of 1974 (42 U.S.C. 5302(a)(4)), as similarly amended first by the Department of Housing and Urban Development-Independent Agencies Act, 1988 (101 Stat. 1329-193) and later by section 503(a)(2) of the

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