Page:United States Statutes at Large Volume 103 Part 1.djvu/994

 103 STAT. 966 PUBLIC LAW 101-161—NOV. 21, 1989 not less than $124,918,000 is available for newly constructed units financed by section 515 of the Housing Act of 1949, as amended, and not more than $5,082,000 is for newly constructed units financed under sections 514 and 516 of the Housing Act of 1949: Provided further. That $170,310,000 is available for expiring agreements and for servicing of existing units without agreements: Provided further, That agreements entered into or renewed during fiscal year 1990 shall be funded for a five-year period, although the life of any such agreement may be extended to fully utilize amounts obligated: Provided further. That agreements entered into or renewed during fiscal years 1986, 1987, 1988 and 1989, may also be extended beyond five years to fully utilize amounts obligated. For an additional amount to reimburse the Rural Housing Insur- ance Fund for interest subsidies and losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of title V of the Housing Act of 1949, as amended (42 U.S.C. 1483, 1487(e), and 1490a(c)), including $1,317,000 as authorized by section 521(c) of the Act, also including not to exceed $5,000,000 for debt forgiveness or payments for eligible households as authorized by section 502(c)(5)(D) of the Act, and not to exceed $10,000 per project for advances to nonprofit organizations or public agencies to cover direct costs (other than purchase price) incurred in purchasing projects pursuant to section 502(c)(5)(C) of the Act; $2,677,897,000. For an additional simount as authorized by section 521(c) of the Act, such sums as may be necessary to reimburse the fund to carry out a rental assistance program under section 521(a)(2) of the Housing Act of 1949, as amended. SELF-HELP HOUSING LAND DEVELOPMENT FUND For direct loans pursuant to section 523(b)(l)(B) of the Housing Act of 1949, as amended (42 U.S.C. 1490c), $500,000 shall be available from funds in the Self-Help Housing Land Development Fund. AGRICULTURAL CREDIT INSURANCE FUND For direct and guaranteed loeuis as authorized by 7 U.S.C. 1928- 1929, to be available from funds in the Agricultural Credit Insur- ance Fund, as follows: farm ownership loans, $569,000,000, of which $13,500,000 shall not become available for obligation until October 1, 1990, (for the purposes of section 202 of the Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987 (Public Law 100-119, l^ptember 29, 1987), to the extent that this action has the effect of transferring an outlay of the United States from one fiscal year to an ad^'acent fiscal year, such transfer is a necessary (but secondary) result of a significant policy change) and $475,500,000 shall be guaranteed loans; $7,000,000 for water development, use, and conservation loans, of which $1,500,000 shall be guarsinteed loans; operating loans, $3,500,000,000, of which $2,600,000,000 shall be guaranteed loans; Indian tribe land acquisition loans as au- thorized by 25 U.S.C. 488, $1,000,000; for emergency insured and guaranteed loans, $600,000,000 to meet the needs resulting from natural disasters; and for matching grants authorized by section 502(b) of the Agricultural Credit Act of 1987 (7 U.S.C. 5101-5106), $3,500,000. For an additional amount to reimburse the Agricultural Credit Insurance Fund for interest subsidies and losses sustained in prior

�