Page:United States Statutes at Large Volume 104 Part 5.djvu/970

 104 STAT. 4292 PUBLIC LAW 101-625—NOV. 28, 1990 each assumption or transfer under this subsection for the assumption of the obligations, rights, and interests under the terms of the loan or loan obligation or such other terms as the Secretary determines appropriate.". SEC. 713. SET-ASIDE OF RURAL RENTAL HOUSING FUNDS. Section 515 of the Housing Act of 1949 (42 U.S.C. 1485), as amended by the preceding provisions of this Act, is further amended by adding at the end the following new subsection: "(w) SET-ASIDE OF RURAL RENTAL HOUSING FUNDS. — "(1) AUTHORITY.—Except as provided in paragraph (2), the Secretary shall set aside from amounts made available for each State for loans under this section, not less than 7 percent of the amounts available in fiscal year 1991 and not less than 9 percent of the amounts available in fiscal year 1992. Amounts set aside shall be available only for nonprofit entities in the State, which may not be wholly or partially owned or controlled by a for-profit entity or under whole or partial control with a for-profit entity. "(2) MINIMUM STATE SET-ASIDE. —I f the amount set aside under paragraph (1) for any State is less than $750,000 in any fiscal year, the Secretary shall pool such amount together with setaside amounts from other States whose set-aside is less than $750,000, and shall make such amounts available for such eligible entities under paragraph (1) in any such State. The Secretary shall esteblish a procedure to provide that any amounts pooled under this paragraph from the allocation for any Stote in any fiscal year that are not obligated during a reasonable period in such year shall be made available for any such eligible entities under paragraph (1) in such Stoto. "(3) UNUSED AMOUNTS. — Any amounts set aside or pooled under this subsection from the allocation for any Stote in any fiscal year that are not obligated by a reasonable date established by the Secretary (which shall be after the expiration of the period under paragraph (2)) shall be made available to any entity eligible under this section in such Stote.". SEC. 714. HOUSING FOR RURAL HOMELESS AND MIGRANT FARMWORKERS. 42 USC 1486. (a) IN GENERAL.— Section 516 of the Housing Act of 1949 (42 U.S.C. 1486 et seq.) is amended by adding at the end the following new subsection: " (k) HOUSING FOR RURAL HOMELESS AND MIGRANT FARM- WORKERS.— "(1) IN GENERAL.—The Secretary may provide financial assistance for providing Eiffordable rentol housing and related facilities for migrant farmworkers and homeless individuals (and the families of such individuals) to applicants as provided in this subsection. " (2) TYPES OF ASSISTANCE.— "(A) IN GENERAL.—The Secretary may provide the following assistance for housing under this subsection: "(i) An advance, in an amount not to exceed $400,000, of the cost of acquisition, substontial rehabilitotion, or acquisition and rehabilitation of an existing structure or construction of a new structure for use in the provision of housing under this subsection. The repayment of any outstanding debt owed on a loan made to pur-

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