Page:United States Statutes at Large Volume 112 Part 3.djvu/658

 112 STAT. 2488 PUBLIC LAW 105-276—OCT. 21, 1998 (1) the owner of the project may prepay, and the mortgagee may accept prepayment of, the mortgage on the project, and (2) the owner may request voluntary termination of a mortgage insurance contract with respect to such project and the contract may be terminated notwithstanding any requirements under sections 229 and 250 of the National Housing Act. (b) CONDITIONS.— Any prepayment of a mortgage or termination of an insurance contract authorized under subsection (a) may be made— (1) only to the extent that such prepa3nTient or termination is consistent with the terms and conditions of the mortgage on or mortgage insurance contract for the project; (2) only if the owner of the project involved agrees not to increase the rent charges for any dwelling unit in the project during the 60-day period beginning upon such prepayment or termination; and (3) only if the owner of the project provides notice of intent to prepay or terminate, in such form as the Secretary of Housing and Urban Development may prescribe, to each tenant of the housing, the Secretary, and the chief executive officer of the appropriate State or local government for the jurisdiction within wWch the housing is located, not less than 150 days, but not more than 270 days, before such prepayment or termination, except that such requirement shall not apply to a prepa3ment or termination that— (A) occurs during the 150-day period immediately following the date of the enactment of this Act; (B) is necessary to effect conversion to ownership by a priority purchaser (as defined in section 231(a) of the Low-Income Housing Preservation and Resident Ownership Act of 1990 (12 U.S.C. 4120(a)), or (C) will otherwise ensure that the project will continue to operate, at least until the maturity date of the loan or mortgage, in a manner that will provide rental housing on terms at least as advantageous to existing and future tenants as the terms required by the program under which the loan or mortgage was made or insured prior to the proposed prepayment or termination. PUBLIC AND ASSISTED HOUSING DRUG ELIMINATION ACT SEC. 220. The Public and Assisted Housing Drug Elimination Act of 1990 is amended— 42 USC 11902. (1) in section 5123, by inserting "Indian tribes" before "and private"; 42 USC 11903. (2) in section 5124(a)(7), by inserting ", an Indian tribe," before "or tribally designated"; 42 USC 11904. (3) in section 5125, by inserting "an Indian tribe" before "a tribally designated"; and 42 USC 11905. (4) in section 5126, by adding at the end the following new paragraph: "(6) INDIAN TRIBE.— The term "Indian tribe" has the meaning given the term in section 4(12) of the Native American Housing Assistance and Self Determination Act of 1996, 25 U.S.C. 4103(12).".

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