Page:United States Statutes at Large Volume 103 Part 1.djvu/993

 PUBLIC LAW 101-161—NOV. 21, 1989 103 STAT. 965 GENERAL SALES MANAGER (INCLUDING TRANSFERS OF FUNDS) Not to exceed $7,415,000 may be transferred from the Commodity Credit Corporation funds to support the General Sales Manager, of which up to $4,000,000 shall be available only for the purpose of selling surplus agricultural commodities from Commodity Credit Corporation inventory in world trade at competitive prices for the purpose of regaining and retaining our normal share of world markets. The General Sales Manager shall report directly to the Reports. Secretary of Agriculture. The General Sales Manager shall obtain, assimilate, and analyze all available information on developments related to private sales, as well as those funded by the Corporation, including grade and quality as sold and as delivered, including information relating to the effectiveness of greater reliance by the General Sales Manager upon loan guarantees as contrsisted to direct loans for financing commercial export sales of agricultural commod- ities out of private stocks on credit terms, as provided in titles I and II of the Agricultural Trade Act of 1978, Public Law 95-501, and shall submit quarterly reports to the appropriate committees of Congress concerning such developments. TITLE II—RURAL DEVELOPMENT PROGRAMS RURAL DEVELOPMENT ASSISTANCE OFFICE OF THE UNDER SECRETARY FOR SMALL COMMUNITY AND RURAL DEVELOPMENT For necessary salaries and expenses of the Office of the Under Secretary for Smsill Community and Rural Development to admin- ister programs under the laws enacted by the Congress for the Farmers Home Administration, Rural Electrification Administra- tion, Federal Crop Insurance Corporation, and rural development activities of the Department of Agriculture, $424,000. FARMERS HOME ADMINISTRATION RURAL HOUSING INSURANCE FUND From funds in the Rural Housing Insurance Fund, and for insured loans as authorized by title V of the Housing Act of 1949, as amended, $1,932,490,000, of which not less than $1,881,920,000 shall be for subsidized interest loans to low-income borrowers, as deter- mined by the Secretary, and for subsequent loans to existing borrow- ers or to purchasers under assumption agreements or credit sales, and for loans to finance sales or transfers to nonprofit organizations or public agencies of not more than 5,000 rental units related to prepa3niient; and not to exceed $10,000,000 to enter into collection and servicing contracts pursuant to the provisions of section 3(f)(3) of the Federal Claims Act of 1966 (31 U.S.C. 3718). For rental assistance agreements entered into or renewed pursu- ant to the authority under section 521(a)(2) of the Housing Act of 1949, as amended, total new obligations shall not exceed $300,310,000, to be added to and merged with the authority provided for this purpose in prior fiscal years: Provided, That of this amount

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