Page:United States Statutes at Large Volume 78.djvu/837

 78 STAT. ]

PUBLIC LAW 88-560-SEPT. 2, 1964

795

INCREASE I N AUTHORIZATION FOR ANNUAL CONTRIBUTIONS

SEC. 403. Section 10(e) of the United States Housing Act of 1937 is amended by striking out "$336,000,000" and inserting in lieu thereof "$366,250,000".

75 Stat. ^les^

PAYMENTS IN LIEU OF TAXES BY LOCAL HOUSING AUTHORITIES; LOCAL CONTRIBUTIONS

SEC. 404. Section 10(h) of the United States Housing Act of 1937 ^s Stat. eai. is amended by striking out all that follows the first colon and inserting in lieu thereof the following: '•''Provided, That, with respect to any such project which is not exempt from all real and personal property taxes levied or imposed by the State, city, county, or other political subdivisions, such contract shall provide, in lieu of the requirement for tax exemption and payments in lieu of taxes, that no annual contributions by the Authority shall be made available for such project unless and until the State, city, county, or other political subdivisions in which such project is situated shall contribute, in the form of cash or tax remission, the amount by which the taxes paid with respect to the project exceed 10 per centum of the annual shelter rents charged in such project: Provided further, That, prior to execution of the contract for annual contributions the public housing agency shall, in the case of a tax-exempt project, notify the governing body of the locality of its estimate of the annual amount of such payments in lieu of taxes and of the amount of taxes which would be levied if the property were privately owned, or, in the case where the project is taxed, its estimate of the annual amount of the local cash contribution, and shall thereafter include the actual amounts of such payments or contributions in its annual report. Contracts for annual contributions entered into prior to the effective date of the Housing Act of 1964 may be amended in accordance with the first sentence of this subsection." R E L O C A T I O N OF F A M I L I E S AND INDIVIDUALS DISPLACED FROM PROJECT SITES

S E C 405. (a) Section 15(7)(b) of the United States Housing Act of 1937 is amended by striking out "and" before " ( i i) ", and by inserting before the period at the end thereof the following: "; and (iii) unless the public housing agency has demonstrated to the satisfaction of the Authority that there is a feasible method for the temporary relocation of the individuals and families displaced from the project site, and that there are or are being provided, in the project area or in other areas not generally less desirable in regard to public utilities and public and commercial facilities and at rents or prices within the financial means of such individuals and families, decent, safe, and sanitary dwellings equal in number to the number of and available to such individuals and families and reasonably accessible to their places of employment". (b) The amendments made by subsection (a) shall not be applicable to any project for which an application for preliminary loan has been approved by the local governing body prior to the date of the enactment of this Act.

63 USC 1415. 42 Stat. 422

RELOCATION PAYMENTS

SEC. 406. Section 15 of the United States Housing Act of 1937 is amended by adding at the end thereof the following new paragraph: "(8) The Authority may authorize the cost of relocation payments made by public housing agencies to be included with the development

75 Stat. i64.

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