Page:United States Statutes at Large Volume 110 Part 4.djvu/47

 PUBLIC LAW 104-204—SEPT. 26, 1996 110 STAT. 2893 Ante, p. 1321- 281. Ante, p. 43. 42 USC 1437f. (2) Section 402(f) of The Balanced Budget Downpayment Act, I is amended by striking "fiscal year 1996" and inserting "fiscal Ante, p. 43. years 1996 and 1997". (d) APPLICABILITY TO IHAS.— In accordance with section 201(b)(2) of the United States Housing Act of 1937, the amendments made Jby subsections (a), (b), and (c) shall apply to public housing developed or operated pursuant to a contract between the Secretary of Housing and Urban Development and an Indian housing authority. (e) STREAMLINING SECTION 8 TENANT-BASED ASSISTANCE. —Section 203(d) of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1996 is amended by striking "fiscal year 1996" and inserting "f iscal years 1996 and 1997". (f) SECTION 8 FAIR MARKET RENTALS AND DELAY IN REISSU- ANCE. —(1) The first sentence of section 403(a) of the Balanced Budget Downpayment Act, I, is amended by striking "1996" and inserting "1997". (2) Section 403(c) of such Act is amended— (A) by striking "fiscal year 1996" and inserting "fiscal years 1996 and 1997"; and (B) by inserting before the semicolon the following: "for assistance made available during fiscal year 1996 and October 1, 1997 for assistance made available during fiscal year 1997". (g) SECTION 8 RENT ADJUSTMENTS.— Section 8(c)(2)(A) of the United States Housing Act of 1937 is amended— (1) in the third sentence by inserting ", fiscal year 1996 prior to April 26, 1996, and fiscal year 1997" afler "1995"; (2) in the fourth sentence, by striking "For" and inserting "Except for assistance under the certificate progrgmti, for"; (3) after the fourth sentence, by inserting the following new sentence: "In the case of assistance under the certificate program, 0.01 shall be subtracted from the amount of the annual adjustment factor (except that the factor shall not be reduced to less than 1.0), and the adjusted rent shall not exceed the rent for a comparable unassisted unit of similar quality, type, and age in the market area."; and (4) in the last sentence, by— (A) striking "sentence" and inserting " two sentences"; and (B) inserting ", fiscal year 1996 prior to April 26, 1996, and fiscal year 1997" after "1995". SEC. 202. ADMINISTRATIVE FEES.— Notwithstanding section 8(q) of the United States Housing Act of 1937, as amended— (a) The Secretary shall establish fees for the cost of administering the certificate, voucher and moderate rehabilitation programs. (1)(A) For fiscal year 1997, the fee for each month for which a dwelling unit is covered by an assistance contract shall be 7.5 percent of the base amount, adjusted as provided herein, in the case of an agency that, on an annual basis, is administering a program of no more than 600 units, and 7 percent of the base amount, adjusted as provided herein, for each additional unit above 600. (B) The base amount shall be the higher of— (i) the fair market rental for fiscal year 1993 for a 2-bedroom existing rental dwelling unit in the market area of the agency; and 42 USC 1437f note.

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