Page:United States Statutes at Large Volume 103 Part 1.djvu/396

 103 STAT. 368 PUBLIC LAW 101-73—AUG. 9, 1989 Discrimination, prohibition. Women. Minorities. Disadvcmtaged persons. Homeless persons. Children and youth. "(ii) Standards the Corporation shall use to select the appropriate resolution action for a failed institution. "(iii) With respect to assisted acquisitions, factors the Corporation shall consider in deciding whether non- performing assets of the failed institution will be trans- ferred to the acquiring institution rather than retained by the Corporation for management and disposal. "(iv) Plans for the disposition of assets. "(v) Management objectives by which the Corpora- tion's progress in carrying out its duties under this section can be measured. "(vi) A plan for the organizational structure and staffing of the Corporation, including an assessment of the extent to which the Corporation will perform asset management functions and other duties through con- tracts with public and private entities. "(vii) Consideration of whether incentives should be included in asset management contracts to promote active and efficient asset management. "(viii) Standards for adequate competition and fair and consistent treatment of offerors. "(ix) Standards that prohibit discrimination on the basis of race, sex, or ethnic group in the solicitation and consideration of offers. "(x) Procedures for the active solicitation of offers from minorities and women. "(xi) Procedures requiring that unsuccessful offerors be notified in writing of the decision within 30 days after the offer has been rejected. "(xii) Procedures for establishing the market value of assets based upon standard market analysis, valuation, and appraisal practices. "(xiii) Procedures requiring the timely evaluation of purchase offers for an institution. "(xiv) Procedures for bulk sales and auction market- ing of assets. "(xv) Guidelines for determining if the value of an asset has decreased so that no reasonable recovery is anticipated. In such cases, the Corporation may con- sider potential public uses of such asset including providing housing for lower income families (including the homeless), day care centers for the children of low- and moderate-income families, or such other public purpose designated by the Secretary of Housing and Urban Development. "(xvi) Guidelines for the conveyance of assets to units of general local government. States, and public sigen- cies designated by a unit of general local government or a State, for use in connection with urban homesteading programs approved by the Secretary of Housing and Urban Development under section 810 of the Housing and Community Development Act of 1974. "(xvii) Policies and procedures for avoiding politi- cal favoritism and undue influence in contracts and decisions made by the Oversight Board and the Corporation.

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