Page:United States Statutes at Large Volume 123.djvu/3121

 123STA T . 31 0 1 PUBLIC LA W 111 – 11 7—DE C.1 6, 200 9toensur et ha t p ro j e c t -b ase d contracts re m a i nine f fect prior to forec l osure , subject to the e x ercise of contractual abatement rem- edies to assist relocation of tenants for imminent major threats to health and safet y.A fter disposition of any multifamily property described under this section, the contract and allo w able rent le v els on such properties shall be subject to the re q uirements under section 524 of M A HR AA. SEC . 2 18 . D urin g fiscal year 2 0 10, in the provision of rental assistance under section 8 ( o ) of the U nited States Housing Act of1 937 (42 U.S. C . 1437f(o)) in connection with a program to dem- onstrate the economy and effectiveness of providing such assistance for use in assisted living facilities that is carried out in the counties of the State of Michigan notwithstanding paragraphs (3) and (18)( B )(iii) of such section 8(o), a family residing in an assisted living facility in any such county, on behalf of which a public housing agency provides assistance pursuant to section 8(o)(18) of such Act, may be required, at the time the family initially receives such assistance, to pay rent in an amount exceeding 40 percent of the monthly adjusted income of the family by such a percentage or amount as the Secretary of Housing and Urban Development determines to be appropriate. SEC. 219. T he Secretary of Housing and Urban Development shall report quarterly to the House of Representatives and Senate Committees on Appropriations on HUD ’ s use of all sole source contracts, including terms of the contracts, cost, and a substantive rationale for using a sole source contract. SEC. 220. N otwithstanding any other provision of law, the recipient of a grant under section 202b of the Housing Act of 1959 (12 U.S.C. 1701q) after December 2 6, 2000, in accordance with the unnumbered paragraph at the end of section 202(b) of such Act, may, at its option, establish a single-asset nonprofit entity to own the project and may lend the grant funds to such entity, which may be a private nonprofit organi z ation described in section 831 of the American Homeownership and E conomic O pportunity Act of 2000. SEC. 221. (a) The amounts provided under the subheading ‘ ‘ P rogram Account’’ under the heading ‘‘Community Development L oan G uarantees’’ may be used to guarantee, or ma k e commitments to guarantee, notes, or other obligations issued by any State on behalf of non-entitlement communities in the State in accordance with the requirements of section 108 of the Housing and Community Development Act of 1974
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d, That, any State receiving such a guarantee or commitment shall distribute all funds subject to such guarantee to the units of general local government in non- entitlement areas that received the commitment. (b) Not later than 60 days after the date of enactment of this Act, the Secretary of Housing and Urban Development shall promulgate regulations governing the administration of the funds described under subsection (a). SEC. 222. Section 24 of the United States Housing Act of 1937 (42 U.S.C. 1437v) is amended — (1) in subsection (m)(1), by striking ‘‘fiscal year’’ and all that follows through the period at the end and inserting ‘‘fiscal year 2010.’’ and (2) in subsection (o), by striking ‘‘September’’ and all that follows through the period at the end and inserting ‘‘September 30, 2010.’’. Deadlin e .R e gu la t i o n s. Re p o r ts. Deadlines. C ontra c ts. M ic h igan. Contracts. Deter m ination.