Page:United States Statutes at Large Volume 79.djvu/519

 79 STAT.]

PUBLIC LAW 89-117-AUGUST 10, 1965

ment activities is being carried out pursuant to section 117 of the Housing Act of 1949". (e) Section 312(a) of the Housing Act of 1964 is amended by inserting after "urban renewal area" in the first sentence the following: "or an area in which a program of concentrated code enforcement activities is being carried out pursuant to section 117 of the Housing Act of 1949".

479

78 Stat. 790. 42 USC 1452b.

Ante, p. 478.

R E H A B I L I T A T I O N LOANS

SEC. 312. (a) Section 312(a) of the Housing Act of 1964 is amended by striking out "reasonable" in the second sentence and inserting in lieu thereof "comparable". (b) Section 312(d) of such Act is amended by striking out "$50,000,000" and inserting in lieu thereof "$100,000,000 for each fiscal year", and by adding at the end thereof a new sentence as follows: "All moneys in such revolving fund shall be available for necessary expenses of servicing loans made pursuant to this section, including reimbursement or payment for services and facilities of the Federal National Mortgage Association and of any public or private agency for the servicing of such loans." (c) Section 312 of such Act is further amended by adding at the end thereof the following new subsection: " (h) No loan shall be made under the authority of this section after October 1, 1969, except pursuant to a contract, commitment, or other obligation entered into pursuant to this section before that date." E L I G I B I L I T Y O F COMMUNITIES I N DEPRESSED AREAS FOR U R B A N R E N E W A L ASSISTANCE

SEC. 313. (a) Subparagraph (B) of section 103(a)(2) of the Housing Act of 1949 is amended to read as follows: J2 ijsc i^h " (B) three-fourths of the aggregate net project costs of any such projects which are located in (i) a municipality having a population of fifty thousand or less according to the most recent decennial census, or (ii) a municipality situated in a labor market area which, at the time the contract or contracts involved are entered into or at such earlier time as the Administrator may specify in order to avoid hardship, is designated as a redevelopment area under the second sentence of section 5(a) of the Area Eedevelopment Act or any other legislation enacted after the date ^ ^^^' ^^^^ of the enactment of the Housing and Urban Development Act of 1965 containing standards for designation as a redev^opment area generally comparable to those set forth in the second sentence of section 5(a) of the Area Redevelopment Act, and", (b) The amendment made by subsection (a) shall apply only with respect to urban renewal projects placed under contract for capital grant on or after the date of the enactment of this Act, except that such amendment shall apply with respect to all urban renewal projects in the city of Providence, Rhode Island, placed under contract for capital grant during the period Providence was designated as a redevelopment area under section 5(a) of the Area Redevelopment Act (or at such earlier time as the Administrator may specify m order to avoid hardship) and not completed prior to the date of the enactment of this Act. LOCAL G R A N T - I N - A I D CREDIT FOR CERTAIN COAL ROYALTIES

SEC. 314. (a) Section 110(d) of the Housing Act of 1949 is amended by adding at the end thereof the following new paragraph:

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