Page:United States Statutes at Large Volume 108 Part 1.djvu/378

 108 STAT. 352 PUBLIC LAW 103-233—APR. 11, 1994 States Housing Act of 1937 to families residing in a multifamily housing project that do not otherwise quaUfy for project-based assistance. "(6) ALTERNATIVE USES. — "(A) IN GENERAL.— Notwithstanding any other provision of law, after providing notice to and an opportunity for comment by preexisting tenants, the Secretary may allow not more than— "(i) 10 percent of the total number of units in multifamily housing projects that are disposed of by the Secretary during any fiscal year to be made available for uses other than rental or cooperative uses, including low-income homeownership opportunities, or in any particular project, community space, office space for tenant or housing-related service providers or security programs, or small business uses, if such uses benefit the tenants of the project; and "(ii) 5 percent of the total number of units in multifamily housing projects that are disposed of by the Secretary during any fiscal year to be used in any manner, if the Secretary and the unit of general loc£d government or area-wide governing body determine that such use will further fair housing, community development, or neighborhood revitalization goals. " (B) DISPLACEMENT PROTECTION.— The Secretary may take actions under subparagraph (A) only if— "(i) tenant-based rental assistance under section 8 of the United States Housing Act of 1937 is made available to each eligible family residing in the project that is displaced as a result of such actions; and "(ii) the Secretary determines that sufficient habitable, affordable rental housing is available in the market area in which the project is located to ensure use of such assistance. "(7) TRANSFER FOR USE UNDER OTHER PROGRAMS OF SEC- RETARY.— "(A) IN GENERAL.— Notwithstanding the provisions of subsection (e), the Secretary may, pursuant to an agreement under subparagraph (B), transfer a multifamily housing project— "(i) to a public housing agency for use of the project as public housing; or "(ii) to an entity eligible to own or operate housing assisted under section 202 of the Housing Act of 1959 or under section 811 of the Cranston-Gonzalez National Affordable Housing Act for use as supportive housing under either of such sections. "(B) REQUIREMENTS FOR AGREEMENT. —An agreement providing for the transfer of a project described in subparagraph (A) shall— "(i) contain such terms, conditions, and limitations as the Secretary determines appropriate, including requirements to ensure use of the project as public housing, supportive housing under section 202 of the Housing Act of 1959, or supportive housing under section 811 of the Cranston-Gonzalez National Affordable Housing Act, as applicable; and

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