Page:United States Statutes at Large Volume 115 Part 3.djvu/148

 115 STAT. 2222 PUBLIC LAW 107-116—JAN. 10, 2002 12 USC 1715n note. SEC. 603. EFFECTIVE DATE. Except as provided in sections 616(a)(2), 633(b), and 634(b), this title and the amendments made by this title shall take effect or are deemed to have taken effect, as appropriate, on the egirlier of— (1) the date of the enactment of this title; or (2) September 30, 2001. Subtitle A—Multifamily Housing Mortgage and Assistance Restructuring and Section 8 Contract Renewal SEC. 611. DEFINITION. Section 512 of the Multifamily Assisted Housing Reform and Affordabihty Act of 1997 (42 U.S.C. 1437f note) is amended by adding at the end the following new paragraph: "(19) OFFICE. —The term 'Office' means the Office of Multifamily Housing Assistance Restructuring established under section 571.". SEC. 612. MARK-TO-MARKET PROGRAM AMENDMENTS. (a) FUNDING FOR TENANT AND NONPROFIT PARTICIPATION. — Section 514(f)(3)(A) of the Multifamily Assisted Housing Reform and Affordabihty Act of 1997 (42 U.S.C. 1437f note) is amended— (1) by striking "Secretary may provide not more than $10,000,000 annugJly in funding" and inserting "Secretary shall make available not more thgui $10,000,000 annually in funding, which amount shall be in addition to any amounts made available under this subparagraph and carried over from previous years,"; and (2) by striking "entities), and for tenant services," and inserting "entities), for tenant services, and for tenant groups, nonprofit organizations, and public entities described in section 517(a)(5),". (b) EXCEPTION RENTS. —Section 514(g)(2)(A) of the Multifamily Assisted Housing Reform and Affordabihty Act of 1997 (42 U.S.C. 1437f note) is amended by striking "restructured mortgages in any fiscal year" and inserting "portfolio restructuring agreements". (c) NOTICE TO DISPLACED TENANTS.—Section 516(d) of the Multifamily Assisted Housing Reform and Affordabihty Act of 1997 (42 U.S.C. 1437f note) is amended by striking "Subject to" and inserting the following: "(1) NOTICE TO CERTAIN RESIDENTS.—The Office shall notify any tenant that is residing in a project or receiving assistance under section 8 of the United States Housing Act of 1937 (42 U.S.C. 1437f) at the time of rejection under this section, of such rejection, except that the Office may delegate the responsibility to provide notice under this paragraph to the participating administrative entity. "(2) ASSISTANCE AND MOVING EXPENSES.—Subject to". (d) RESTRUCTURING PLANS FOR TRANSFERS OF PREPAYMENT PROJECTS. — The Multifamily Assisted Housing Reform and Affordabihty Act of 1997 (42 U.S.C. 1437f note) is amended— (1) in section 524(e), by adding at the end the following new paragraph:

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