Page:United States Statutes at Large Volume 106 Part 5.djvu/205

 PUBLIC LAW 102-550 —OCT. 28, 1992 106 STAT. 3843 "(d) For loans made under this title, the Secretary may accept subdivisions that have been approved by local, county, or State agencies.". TITLE Vni—COMMUNITY DEVELOPMENT Subtitle A—Community Development Block Grants SEC. 801. COMMUNITY DEVELOPMENT AUTHORIZATIONS. (a) COMMUNITY DEVELOPMENT BLOCK GRANTS.—Section 103 Appropriation of the Housing and Community Development Act of 1974 (42 U.S.C. authorization. 5303) is amended by striking the second and third sentences and inserting the following: "For purposes of assistance under section 106, there are authorized to be appropriated $4,000,000,000 for fiscal year 1993 and $4,168,000,000 for fiscal year 1994. (b) LIMITATION ON LOAN GUARANTEES.— The fifth sentence of section 108(a) of the Housing and Community Development Act of 1974 (42 U.S.C. 5308(a)) is amended to read as follows: "Notwithstanding any other provision of law and subject only to the absence of qualified applicants or proposed activities and to the authority provided in this section, to the extent approved or provided in appropriation Acts, the Secretary shall enter into commitments to guarantee notes and obligations under this section with an aggrefate principal amount of $2,000,000,000 for fiscal year 1993 and 2,000,000,000 for fiscal year 1994.". (c) SPECIAL PURPOSE GRANTS.— (1) SET-ASIDE. —Section 107 of the Housing and Community Development Act of 1974 (42 U.S.C. 5307) is amended by striking "SEC. 107. (a)" and all that follows through the end of subsection (a) and inserting the following: "SEC. 107. (a) SET-ASIDE. — "(1) IN GENERAL.— For each fiscal year (except as otherwise provided in this paragraph), of the total amount provided in appropriation Acts under section 103 for the fiscal year, $60,000,000 shall be set aside for grants under subsection (b) for such year for the following purposes: "(A) $7,000,000 shall be available for grants under subsection (b)(1); "(B) $6,500,000 shall be available for grants under subsection (b)(3); "(C) $6,000,000 shall be available for grants under subsection (b)(5); "(D) $6,000,000 shall be available in fiscal year 1993 for grants under subsection (b)(7); "(E) $3,000,000 shall be available for grants under subsection (c); "(F) such sums as may be necessary shall be available for grants under paragraphs (2), (4), and (6) of subsection (b); "(G) $2,000,000 shall be available in fiscal year 1993 for a grant to the City of Bridgeport, Connecticut, subject to the approval of sufficient amounts in an appropriation Act and to binding commitments made by the City of

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