Page:United States Statutes at Large Volume 104 Part 5.djvu/974

 104 STAT. 4296 PUBLIC LAW 101-625—NOV. 28, 1990 administrative or legislative action to reduce or alleviate homelessness in rural areas. SEC. 715. RURAL AREA CLASSIFICATION. (a) IN GENERAL.— Section 520 of the Housing Act of 1949 (42 U.S.C. 1490) is amended— (1) in the first sentence— (A) by striking "case" and inserting "cases"; (B) by inserting after "California" the following: ", and Guadalupe, in the State of Arizona"; and (2) by striking the last sentence and inserting the following new sentence: "For purposes of this title, any area classified as 'rural' or a 'rural area' prior to October 1, 1990, and determined not to be 'rural' or a 'rural area' as a result of data received from or after the 1990 decennial census shall continue to be so classified until the receipt of data from the decennial census in the year 2000, if such area has a population in excess of 10,000 but not in excess of 25,000, is rural in character, and has a serious lack of mortgage credit for lower and moderate-income families.". 42 USC 1490 (b) APPLICABILITY.—The amendment made by this section shall ^°^- apply with respect to classification of rural areas for fiscal year 1991 and any fiscal year thereafter. SEC. 716. ASSISTANCE TO REDUCE RENT OVERBURDEN. 42 USC i490a. Section 521(a)(2)(C) of the Housing Act of 1949 (42 U.S.C. 1491(a)(2)(C)) is amended by adding at the end the following: "Notwithstanding the preceding sentence, excess funds received from tenants in projects financed under section 515 during a fiscal year shall be available during the next succeeding fiscal year, together with funds provided under subparagraph (D), to the extent approved in appropriations Acts, to make assistance payments to reduce rent overburden on behalf of tenants of any such project whose rents exceed the levels referred to in subparagraph (A). In providing assistance to relieve rent overburden, the Secretary shall provide assistance with respect to very low-income and low-income families to reduce housing rentals to the levels specified in subparagraph (A).". SEC. 717. HOUSING PRESERVATION GRANTS. (a) USE OF DEOBLIGATED FUNDS.— Section 533(c)(l) of the Housing Act of 1949 (42 U.S.C. 1490m(c)(l)) is amended by adding at the end ) the following: "Funds obligated, but subsequently unspent and deobligated, may remain available, to the extent provided in appropriations Acts, for use as housing preservation grants in ensuing fiscal years.". (b) REALLOCATION.— Section 533(g) of the Housing Act of 1949 (42 U.S.C. 1490m(g)) is amended by striking the last sentence and inserting the following: "Any amounts which become available as a result of actions under this subsection shall be reallocated as housing preservation grants to such grantee or grantees as the Secretary may determine.".

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