Page:United States Statutes at Large Volume 104 Part 5.djvu/840

 104 STAT. 4162 PUBLIC LAW 101-625—NOV. 28, 1990 Indian housing authority, except that nothing in this title affects the program under section 202 of such Act. Subtitle B—HOPE for Homeownership of Multifamily Units 42 USC 12871. SEC. 421. PROGRAM AUTHORITY. (a) IN GENERAL.— The Secretary is authorized to make— (1) planning grants to enable applicants to develop homeownership programs; and (2) implementation grants to enable applicants to carry out homeownership programs. (b) AUTHORITY TO RESERVE HOUSING ASSISTANCE. — In connection with a grant under this subtitle, the Secretary may reserve authority to provide assistance under section 8 of the United States Housing Act of 1937 to the extent necessary to provide rental assistance for a nonpurchasing tenant who resides in the project on the date the Secretary approves the application for an implementation grant, for use by the tenant in another project. (c) AUTHORIZATION OF APPROPRIATIONS.—T here is authorized to be appropriated for grants under this subtitle $51,000,000 for fiscal year 1991 and $280,000,000 for fiscal year 1992. Any amounts appropriated pursuant to this subsection shall remain available until expended. 42 USC 12872. SEC. 422. PLANNING GRANTS. (a) GRANTS.— The Secretary is authorized to make planning grants to applicants for the purpose of developing homeownership programs under this subtitle. The amount of a planning grant under this section may not exceed $200,000, except that the Secretary may for good cause approve a grant in a higher amount. 03) ELIGIBLE ACTIVITIES.—P lanning grants may be used for activities to develop homeownership programs (which may include programs for cooperative ownership), including— (1) development of resident management corporations and resident councils; (2) training and technicsil assistance of applicants related to the development of a specific homeownership program; (3) studies of the feasibility of a homeownership program; (4) preliminary architectural and engineering work; (5) tenant and homebuyer counseling and training; (6) planning for economic development, job training, and self- sufficiency activities that promote economic self-sufficiency for homebuyers and homeowners under the homeownership program; (7) development of security plans; and (8) preparation of an application for an implementation grant under this subtitle. (c) APPLICATION.— (1) FORM AND PROCEDURES. — An application for a planning grant shall be submitted by an applicant in such form and in accordance with such procedures as the Secretary shall establish. (2) MINIMUM REQUIREMENTS. — The Secretary shall require that an application contain at a minimum—

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