Page:United States Statutes at Large Volume 121.djvu/73

 121 STAT. 52

PUBLIC LAW 110–5—FEB. 15, 2007

dkrause on GSDDPC44 with PUBLAW

except as provided in the following proviso, the entire amount provided under the second proviso under this section shall be obligated to the public housing agencies based on the allocation and pro rata method described above: Provided further, That public housing agencies participating in the Moving to Work demonstration shall be funded pursuant to their Moving to Work agreements and shall be subject to the same pro rata adjustments under the previous proviso: Provided further, That from amounts provided under the second proviso of this section up to $100,000,000 shall be available only: (1) for adjustments for public housing agencies that experienced a significant increase, as determined by the Secretary, in renewal costs resulting from unforeseen circumstances or from the portability under section 8(r) of the Act of tenantbased rental assistance; and (2) for adjustments for public housing agencies that could experience a significant decrease in voucher funding that could result in the risk of loss of voucher units due to the shift to using VMS data based on a 12-month period: Provided further, That none of the funds provided under the second proviso of this section may be used to support a total number of unit months under lease which exceeds a public housing agency’s authorized level of units under contract. ‘‘SEC. 21034. Notwithstanding section 101, the level for each of the following accounts for Public and Indian Housing of the Department of Housing and Urban Development shall be as follows: ‘Project-Based Rental Assistance’, $5,976,417,000, of which $5,829,303,000 shall be for activities specified in paragraph (1) under such heading in Public Law 109–115 (119 Stat. 2442); ‘Public Housing Operating Fund’, $3,864,000,000; and ‘Indian Housing Loan Guarantee Fund Program Account’, $6,000,000: Provided, That such funds are available to subsidize total loan principal, any part of which is to be guaranteed, not to exceed $251,000,000. ‘‘SEC. 21035. Of the unobligated balances, including recaptures and carryover, remaining from funds appropriated under the headings referred to under the heading ‘Department of Housing and Urban Development, Public and Indian Housing, Housing Certificate Fund’ in Public Law 109–115 (119 Stat. 2442) for fiscal year 2006 and prior years, $1,650,000,000 is rescinded: Provided, That the provisions under such heading shall be applied to such rescission by substituting ‘September 30, 2007’ for ‘September 30, 2006’ and ‘2007 funding cycle’ for ‘2006 funding cycle’. ‘‘SEC. 21036. None of the funds appropriated by this division may be used for the following activities under the heading ‘Department of Housing and Urban Development, Public and Indian Housing’ in Public Law 109–115: the activities specified in the last three provisos under the heading ‘Public Housing Capital Fund’ (119 Stat. 2444); and the first activity specified in the second proviso under the heading ‘Native American Housing Block Grants’ (119 Stat. 2445). ‘‘SEC. 21037. Notwithstanding section 101, the level for each of the following accounts for Community Planning and Development of the Department of Housing and Urban Development shall be as follows: ‘Community Development Fund’, $3,771,900,000, of which $3,710,916,000 shall be for carrying out the community development block grant program under title I of the Housing and Community Development Act of 1974, as amended: Provided, That none of the funds made available by this section for such account may be used for grants for the Economic Development

VerDate Aug 31 2005

13:52 Jan 23, 2009

Jkt 059194

PO 00001

Frm 00050

Fmt 6580

Sfmt 6581

M:\STATUTES\2007\59194PT1.001

APPS10

PsN: 59194PT1

�