Page:United States Statutes at Large Volume 111 Part 2.djvu/287

 PUBLIC LAW 105-65 —OCT. 27, 1997 111 STAT. 1367 insured under either section 221(d)(3) or 236 of the National Housing Act in the same manner as if the owner had prepaid the insured mortgage to the extent necessary to minimize any rent increases or to prevent displacement of low-income tenants in accordance with a transaction approved by the Secretary provided that the rents are no higher than the published section 8 fair market rents, as of the date of enactment, during the tenemts' occupancy of the property. SEC. 216. NURSING HOME LEASE TERMS.— Section 232(b)(4)(B) of the National Housing Act is amended by striking "fifty years 12 USC I7i5w. from the date the mortgage was executed" and inserting "ten years to run beyond the maturity date of the mortgage". SEC. 217. HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS GRANTS, (a) ELIGIBILITY. — Notwithstanding section 854(c)(1)(A) of the AIDS Housing Opportunity Act (42 U.S.C. 12903(c)(1)(A)), from any amounts made available under this title for fiscal year 1998 that are allocated under such section, the Secretary of Housing and Urban Development shall allocate and make a grant, in the amount determined under subsection (b), for any State that— (1) received an allocation for fiscal year 1997 under clause (ii) of such section; (2) is not otherwise eligible for an allocation for fiscal year 1998 under such clause (ii) because the State does not have the number of cases of acquired immunodeficiency syndrome required under such clause; and (3) would meet such requirement if the cases in the metropolitan statistical area for any city within the State, which city was not eligible for an allocation for fiscal year 1997 under clause (i) of such section but is eligible for an allocation for fiscal year 1998 under such clause, were considered to be cases outside of metropolitan statistical areas described in clause (i) of such section. (b) AMOUNT.— The amount of the allocation and grant for any State described in subsection (a) shall be the amount that is equal to the lesser of— (1) the difference between— (A) the total amount allocated for such State under section 854(c)(l)(A)(ii) of the AIDS Housing Opportunity Act for fiscal year 1997; and (B) the total amount allocated for the city described in subsection (a)(3) of this section under section 854(c)(l)(A)(i) of such Act for fiscal year 1998 (from amounts made available under this title); and (2) $300,000. SEC. 218. DEBT FORGIVENESS.— The Secretary of Housing and Urban Development shall cancel the indebtedness of the Village of Bobbins, Ilhnois, relating to loans under the Reconstruction Finance Corporation and refinanced under the Public Facility Loan program (loan numbers ILL-ll -RFC-0029 and ILL-11-PFLOlll). The Village is hereby relieved of all liability to the Federal Government for the outstanding principal balance on such loans, for the amount of accrued interest on such loans, and for any fees and charges payable in connection with such loans.

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