Page:United States Statutes at Large Volume 82.djvu/545

 82

STAT. ]

503

PUBLIC LAW 90-448-AUG. 1, 1968

(s) The first sentence of section 305(i) of the National Housing Act is amended (1) by striking out "or (3) " and inserting in lieu thereof " (3) "; and (2) by inserting after "221(e)" the following: ", or (4) a mortgage insured under section 236".

so Stat. i285.  " ' ^ ''•

^"'«'

P-498.

R E N T S U P P L E M E N T PKO(}KAM

SEC. 202. (a) Section 101(a) of the Housing and Urban Develop51. ment Act of 1965 is amended by striking out everything after the word 79 Stat. 41701s. 12 USC "exceed" the second time the word appears in the third sentence and inserting in lieu thereof the following: "$150,000,000 per annum prior to July 1, 1969, which maximum dollar amount shall l>e increased by $40,000,000, on July 1, 1969, and by $100,000,000 on July 1, 1970." _ (b) Section 101(b) of such Act is amended by inserting after the ~i.. I * ^ Xfirst sentence the following: "Such term also includes a private nonprofit corporation or other private nonprofit legal entity, a limited dividend corjwration or other limited dividend legal entity, or a cooperativ'e housing corporation, which is the owner of a rental or cooperative housing projecit financed under a State or local program providing assistance through loans, loan insurance, or tax abatement and which i prior to completion of construction or rehabilitation is approved for i receiving the oenefits of this section." PART B—^LOW-REXT PUBLIC

HOUSING

INCREASED LOW-RENT PUBLIC HOUSING AUTHORIZATION

SEC. 203. (a) Section 10(e) of the United States Housing Act of 1937 is amended by striking out "$366,250,000 per annum, which limit shall be increased by $47,000,000 on the date of enactment of the Housing and Urban Development Act of 1965, and by further amounts of $47,000,000 on July 1 in each of the years 1966,1,967, and 1968, respectively," in the first sentence and inserting in lieu thereof the following: "$554,250,000 per annum, which limit shall be increased by $100,000,000 on the date of enactment of the Housing and Urban Development Act of 1968 and by further amounts of $150,000,000 on July 1 in each of the years 1969 and 1970,". (b) Section 20 of such Act is amended— (1) by striking out "not to exceed $1,500,000,000" in the firet sentence and inserting in lieu thereof "which shall not, unless authorized by the President, exceed $1,500,000,000"; and (2) by inserting after the first sentence the following: "For the purpose of determining obligations incurred to make loans pursuant to this Act against any limitation otherwise applicable with respect to such loans, the Secretary shall estimate the maximum amount to be loaned at any one time pursuant to loan agreements then outstanding with public housing agencies." UPGRADING M A N A G E M E N T A N D SERVICES I N P U B L I C H O U S I N G

52 Stat. 820; 78 Stat. 795; 79 Stat. 4 8 7. 42 USC 1410.

63 Stat. 427. 42 USC 1420.

PROJECTS

SEC. 204. Section 15 of the United States Housing Act of 1937 is Contracts and an s. amended by adding at the end thereof the following new paragraph: g r50 t Stat. 895. "(10) The Secretary is authorized to enter into contracts to make 42 USC 1415. grants to public housing agencies to assist, where necessary, in financing tenant services for families living in low-rent housing projects. I n making such contracts and grants, the Secretary shall give preference to programs providing for the maximum feasible participation of the tenants in the development and operation of such tenant services.

96-600 O -

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