Page:United States Statutes at Large Volume 117.djvu/2704

 PUBLIC LAW 108–186—DEC. 16, 2003

117 STAT. 2685

Public Law 108–186 108th Congress An Act To support certain housing proposals in the fiscal year 2003 budget for the Federal Government, including the downpayment assistance initiative under the HOME Investment Partnership Act, and for other purposes.

Dec. 16, 2003 [S. 811]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. TABLE OF CONTENTS.

The table of contents for this Act is as follows: Sec. 1. Table of contents. TITLE I—DOWNPAYMENT ASSISTANCE Sec. 101. Short title. Sec. 102. Downpayment assistance initiative. TITLE II—INTERGENERATIONAL HOUSING ASSISTANCE Sec. Sec. Sec. Sec.

201. 202. 203. 204.

Short title. Definitions. Demonstration program for elderly housing for intergenerational families. Training for HUD personnel regarding grandparent-headed and relativeheaded families issues. Sec. 205. Study of housing needs of grandparent-headed and relative-headed families. TITLE III—ADJUSTABLE RATE SINGLE FAMILY MORTGAGES AND LOAN LIMIT ADJUSTMENTS Sec. 301. Hybrid arms. Sec. 302. FHA multifamily loan limit adjustments. TITLE IV—HOPE VI PROGRAM REAUTHORIZATION Sec. 401. Short title. Sec. 402. Hope VI program reauthorization. Sec. 403. Hope VI grants for assisting affordable housing through main street projects. TITLE V—COMMUNITY DEVELOPMENT BLOCK GRANTS Sec. 501. Funding for insular areas.

TITLE I—DOWNPAYMENT ASSISTANCE SEC. 101. SHORT TITLE.

This title may be cited as the ‘‘American Dream Downpayment Act’’.

American Dream Downpayment Act. 42 USC 12701 note.

SEC. 102. DOWNPAYMENT ASSISTANCE INITIATIVE.

Subtitle E of title II of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12821) is amended to read as follows:

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