Page:United States Statutes at Large Volume 112 Part 3.djvu/773

 PUBLIC LAW 105-276—OCT. 21, 1998 112 STAT. 2603 other than with assistance under this Act, and otherwise comphes with this section; and "(ii) the public housing agency may approve a housing assistance payment contract for such existing structures for not more than 15 percent of the funding available for tenant-based assistance administered by the public housing agency under this section. "(B) EXTENSION OF CONTRACT TERM.— In the case of a housing assistance payment contract that applies to a structure under this paragraph, a public housing agency may enter into a contract with the owner, contingent upon the future availability of appropriated funds for the purpose of renewing expiring contracts for assistance payments, as provided in appropriations Acts, to extend the term of the underlying housing assistance payment contract for such period as the Secretary determines to be appropriate to achieve long-term affordability of the housing. The contract shall obligate the owner to have such extensions of the underlying housing assistance payment contract accepted by the owner and the successors in interest of the owner. "(C) RENT CALCULATION.— For project-based assistance under this paragraph, housing assistance payment contracts shall establish rents and provide for rent adjust- ^ ments in accordance with subsection (c). "(D) ADJUSTED RENTS.—With respect to rents adjusted under this paragraph— "(i) the adjusted rent for any unit shall be reasonable in comparison with rents charged for comparable dwelling units in the private, unassisted, local market; and "(ii) the provisions of subsection (c)(2)(C) shall not apply. "(14) INAPPLICABILITY TO TENANT-BASED ASSISTANCE.—Subsection (c) shall not apply to tenant-based assistance under this subsection. "(15) HOMEOWNERSHIP OPTION. — "(A) IN GENERAL.—^A public housing agency providing assistance under this subsection may, at the option of the agency, provide assistance for homeownership under subsection (y). " (B) ALTERNATIVE ADMINISTRATION. —A public housing agency may contract with a nonprofit organization to administer a homeownership program under subsection (y). "(16) RENTAL VOUCHERS FOR RELOCATION OF WITNESSES AND VICTIMS OF CRIME.— "(A) WITNESSES. —Of amounts made available for assistance under this subsection in each fiscal year, the Secretary, in consultation with the Inspector General, shall make available such sums as may be necessary for the relocation of witnesses in connection with efforts to combat crime in public and assisted housing pursuant to requests from law enforcement or prosecution agencies. " (B) VICTIMS OF CRIME. — "(i) IN GENERAL.—Of amounts made available for assistance under this section in each fiscal year, the Secretary shall make available such sums as may be

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