Page:United States Statutes at Large Volume 107 Part 2.djvu/113

 PUBLIC LAW 103-111—OCT. 21, 1993 107 STAT. 1065 $35,000,000 for section 504 housing repair loans; $16,300,000 for section 514 farm labor housing; $540,107,000 for section 515 rental housing; $600,000 for sittj loans; and $133,000,000 for credit sales of acquired property: Provided, That up to $50,664,000 of these funds shall be made available for section 502(g), Deferral Mortgage Demonstration. For the cost of direct and guaranteed loans, including the cost of modifying loans, as defined in section 502 of the Congressional Budget Act of 1974, as follows: low-income housing section 502 loans, $366,360,000, of which $12,225,000 shall be for imsubsidized guaranteed loans; section 504 housing repair loans, $13,671,000; section 514 farm labor housing, $8,394,000; section 515 rental housing, $309,967,000; and credit sales of acquired property, $20,242,000. In addition, for administrative expenses necessary to carry out the direct and guaranteed loan programs, $396,161,000. RENTAL ASSISTANCE PROGRAM For rental assistance agreements entered into or renewed pursuant to the authority under section 521(a)(2) or agreements enUired into in lieu of forgiveness or payments for eligible households as authorized by section 502(c)(5)(D) of the Housing Act of 1949, as amended, $446,694,000; and in addition such sums as may be necessary, as authorized by section 521(c) of the Act, to liquidate debt incurred prior to fiscal year 1992 to carry out the Rental Assistance Program under section 521(a)(2) of the Act: Provided, That of this amount not more than $5,840,000 shall be available for debt forgiveness or payments for eligible households as authorized by section 502(c)(5)(D) of the Act, and not to exceed $10,000 per project for advances to nonprofit organizations or public agencies to cover direct costs (other than purchase price) incurred in purchasing projects pursuant to section 502(c)(5)(C) of the Act: Provided further. That agreements entered into or renewed during fiscal year 1994 shall be funded for a five-year period, although the life of any such agreement may be extended to fully utilize amounts obligated. RURAL HOUSING VOUCHER PROGRAM For necessary expenses to operate a rural housing voucher program as authorized by section 542 of title V of the Housing Act of 1949, as amended, $25,000,000, to be administered by the Secretary of Agriculture. SELF-HELP HOUSING LAND DEVELOPMENT FUND PROGRAM ACCOUNT For direct loans pursuant to section 523(b)(1)(B) of the Housing Act of 1949, as amended (42 U.S.C. 1490c), $622,000. For the cost of direct loans, including the cost of modifying loans, as defined in section 502 of the Congressional Budget Act of 1974, $23,000. In addition, for administrative expenses necessary to carry out the direct loan program, $14,000.

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