Page:United States Statutes at Large Volume 107 Part 1.djvu/289

 PUBLIC LAW 103-50—JULY 2, 1993 107 STAT. 263 National Affordable Housing Act, as amended, subject to the terms provided under this head in the Dire Emergency Supplemental Appropriations Act, 1992, Public Law 102-368, $62,500,000, to remain available until expended: Provided, That up to $50,000,000 of the amounts required to fund the fore^ing amount shall be derived by transfer from the Homeownership and Opportunity for People Everywhere Grants (HOPE grants) account and the remaining amounts shall be transferred from the Flexible Subsidy Fund, notwithstanding section 236(f)(3) of the National Housing Act and section 201(j) of the Housing and Commiuiity Development Amendments of 1978, as amended. SEVERELY DISTRESSED PUBLIC HOUSING PROJECTS (TRANSFER OF FUNDS) For activities as set forth in the third paragraph under the head "Homeownership and opportunity for people everywhere grants (HOPE grants)" in the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1993, $300,000,000, to remain available until expended, to be derived by transfer from amounts appropriated for the purpose under the foregoing head. YOUTHBUILD PROGRAMS (TRANSFER OF FUNDS) For activities authorized by subtitle D of title IV of the Cranston-(jronzalez National Affordable Housing Act, under the heading "HOPE for Youth: Youthbuild", $40,000,000, to remain available until expended, to be derived by transfer from amounts appropriated under the head "Homeownership and opportunity for people every- where grants (HOPE grants)" in title II of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1993, Public Law 102- 389. FEDERAL HOUSING ADMINISTRATION FHA—MUTUAL MORTGAGE INSURANCE PROGRAM ACCOUNT The limitation on commitments to guarantee loans during fiscal year 1993 to carry out the purpose of section 203(b) of the National Housing Act, as amendea, is increased by a loan principal of $42,854,000,000. FHA—GENERAL INSURANCE AND SPECIAL RISK INSURANCE PROGRAM ACCOUNT (INCLUDING TRANSFER AND RESCISSIONS OF FUNDS) For an additional amount for the cost of guaranteed loans authorized by sections 238 and 519 of the National Housing Act, as amended (12 U.S.C. 1715z-3(b) and 1735c-<f)), up to $19,000,000: Provided, That notwithstanding section 236(f)(3) of such Act and section 201(1) of the Housing and Community Development Amendments of 1978, as amended, amounts required to fund the foregoing amount shall be derived by transfer from the Flexible Subsidy Fund during fiscal year 1993: Provided further, That prior to obliga- 69-194O-94-10:QL.3Part1

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