Page:United States Statutes at Large Volume 115 Part 1.djvu/698

 115 STAT. 676 PUBLIC LAW 107-73 —NOV. 26, 2001 30 days of the date of the notice, the mortgagee shall be entitled to an informal conference with the official authorized to issue termination notices on behalf of the Secretary (or a designee of that official). At the informal conference, the mortgagee may present for consideration specific factors that it believes were beyond its control and that caused the excessive default and claim rate.". SEC. 210. Except as explicitly provided in law, any grant or assistance made pursuant to title II of this Act shall be made on a competitive basis in accordance with section 102 of the Department of Housing and Urban Development Reform Act of 1989. SEC. 211. Public housing agencies in the States of Alaska, Iowa, and Mississippi shall not be required to comply with section 2(b) of the United States Housing Act of 1937, as amended, during fiscal year 2002. SEC. 212. Notwithstanding any other provision of law, in fiscal year 2002, in managing and disposing of any multifamily property that is owned or held by the Secretary and is occupied primarily by elderly or disabled families, the Secretary of Housing and Urban Development shall maintain any rental assistance payments under section 8 of the United States Housing Act of 1937 that are attached to any dwelling units in the property. To the extent the Secretary determines that such a multifamily property owned or held by the Secretary is not feasible for continued rental assistance pay- ments under such section 8, the Secretary may, in consultation with the tenants of that property, contract for project-based rental assistance payments with an owner or owners of other existing housing properties or provide other rental assistance. SEC. 213. (a) SECTION 207 LIMITS. —Section 207(c)(3) of the National Housing Act (12 U.S.C. 1713(c)(3)) is amended— (1) by striking "$30,420", "$33,696 ", "$40,248", "$49,608 ", and "$56,160" and inserting "$38,025", "$42,120", "$50,310", "$62,010", and "$70,200", respectively; (2) by striking "$9,000" and inserting "$11,250"; and (3) by striking "$35,100", "$39,312", "$48,204", "$60,372", and "$68,262" and inserting "$43,875 ", "$49,140", "$60,255", "$75,465", and "$85,328", respectively. (b) SECTION 213 LIMITS.— Section 213(b)(2) of the National Housing Act (12 U.S.C. 1715e(b)(2)) is amended— (1) by striking "$30,420", "$33,696", "$40,248", "$49,608 ", and "$56,160" and inserting "$38,025", "$42,120", "$50,310", "$62,010", and "$70,200", respectively; and (2) by striking "$35,100", "$39,312", "$48,204", "$60,372", and "$68,262" and inserting "$43,875 ", "$49,140", "$60,255", "$75,465", and "$85,328", respectively. (c) SECTION 220 LIMITS.—Section 220(d)(3)(B)(iii) of the National Housing Act (12 U.S.C. 1715k(d)(3)(B)(iii)) is amended— (1) by striking "$30,420", "$33,696 ", "$40,248", "$49,608 ", and "$56,160" and inserting "$38,025", "$42,120", "$50,310", "$62,010", and "$70,200", respectively; and (2) by striking "$35,100", "$39,312", "$48,204", "$60,372", and "$68,262" and inserting "$43,875 ", "$49,140", "$60,255", "$75,465", and "$85,328", respectively. (d) SECTION 221(d)(3) LIMITS. —Section 221(d)(3)(ii) of the National Housing Act (12 U.S.C. 17151(d)(3)(ii)) is amended— (1) by striking "$33,638 ", "$38,785 ", "$46,775", "$59,872", and "$66,700 " and inserting "$42,048", "$48,481", "58,469", "$74,840", and "$83,375", respectively; and

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