Page:United States Statutes at Large Volume 111 Part 1.djvu/222

 Ill STAT. 198 PUBLIC LAW 105-18-JUNE 12, 1997 year 1997 for the Parking Revolving Fund account, a total of $12,300,000 for this project. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT HOUSING PROGRAMS ANNUAL CONTRIBUTIONS FOR ASSISTED HOUSING Notwithstanding any other provision of law, of the $1,000,000 appropriated for special purpose grants in Public Law 102-139, for a parking garage in Ashland, Kentucky, $500,000 shall be made available instead for use in acquiring parking in Ashland, Kentucky and $500,000 shall be made available instead for the restoration of the Paramount Theater in Ashland, Kentucky. PRESERVING EXISTING HOUSING INVESTMENT For an additional amount for "Preserving existing housing investment", to be made available for use in conjunction with properties that are eligible for assistance under the Low-Income Housing Preservation and Resident Homeownership Act of 1990 or the Emergency Low Income Housing Preservation Act of 1987, $3,500,000, to remain available until expended: Provided, That up to such amount shall be for a project in Syracuse, New York, the processing for which was suspended, deferred or interrupted for a period of nine months or more because of differing interpretations, by the Secretary of Housing and Urban Development and an owner, concerning the timing of the ability of an uninsured section 236 property to prepay, or by the Secretary and a State rent regulatory agency concerning the effect of a presumptively applicable State rent control law or regulation on the determination of preservation value under section 213 of such Act, if the owner of such project filed a notice of intent to extend the low-income affordability restrictions of the housing on or before August 23, 1993, and the Secretary approved the plan of action on or before July 25, 1996. CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING (TRANSFER OF FUNDS) For "Capacity building for community development and affordable housing*', as authorized by section 4 of the HUD Demonstration Act of 1993 (Public Law 103-120), $30,200,000, to remain available until expended, and to be derived by transfer from the Homeownership and Opportunity for People Everj^where Grants account: Provided, That at least $10,000,000 of the funding under this head be used in rural areas, including tribal areas. COMMUNITY PLANNING AND DEVELOPMENT COMMUNITY DEVELOPMENT BLOCK GRANTS FUND For an additional amount for "Community development block grants fund", as authorized under title I of the Housing and Community Development Act of 1974, $500,000,000, of which $250,000,000 shall become available for obligation on October 1, 1997, all of which shall remain available until September 30, 2000, for use

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