Page:United States Statutes at Large Volume 88 Part 1.djvu/689

 88 STAT. ]

PUBLIC LAW 93-383-AUG. 22, 1974

645

I n determining the average of ratios under subparagraph (B), the ratio involving the extent of poverty shall be counted twice; and in computing amounts under such subparagraph there shall be excluded units of general local government which receive hold-harmless grants pursuant to subsection (h). (2) Any amounts allocated to a unit of general local government under paragraph (1) which are not applied for during a program period or which are not approved by the Secretary, and any amounts allocated to the nonmetropolitan areas of a State under paragraph (1)(B) which the Secretary determines, on the basis of applications and other evidence available, are not likely to be fully obligated during such period, shall be reallocated as soon as practicable during the same period to the nonmetropolitan areas of other States. The Secretary shall review determinations under this paragraph from time to time with a view to assuring maximum use of all available funds in the program period for which such funds were appropriated. Hold-harmless (g)(1) The full hold-harmless amount of each metropolitan city amount. or urban county shall be the sum of (i) the sum of the average during the five fiscal years ending prior to July 1, 1972, of (1) commitments for grants (as determined by the Secretary) pursuant to part A of title I of the Housing Act of 1949; (2) loans pursuant to section 312 42 USC 1450. of the Housing Act of 1964; (3) grants pursuant to sections 702 " ^ use 1452b. ^ and 703 of the Housing and Urban Development Act of 1965; (4) 3/0^3"^^ ^^°2. loans pursuant to title IT of the Housing Amendments of 1955; and 42 USC 1491. (5) grants pursuant to title VII of the Housing Act of 1961; and (ii) ^2 USC 1500. the average annual grant, as determined by the Secretary, made in accordance with part B of title I of the Housing Act of 1949 during ^2 USC 1469. the fiscal years ending prior to July 1, 1972, or during the fiscal year 1973 in the case of a metropolitan city or urban county which first received a grant under part B of such title in such fiscal year. I n the case of a metropolitan city or urban county which has participated in the program authorized under section 105 of the Demonstration Cities and Metropolitan Development Act of 1966 and which has been " ^ use 3305, ^ funded or extended in the fiscal year 1973 for a period ending after June 30, 1973, determinations of the hold-harmless amount of such metropolitan city or urban county for the following specified years shall be made so as to include, in addition to the amounts specified in clauses (i) and (ii) of the preceding sentence, the following percentages of the average annual grant, as determined by the Secretary made in accordance with such section during fiscal years ending prior to July 1, 1972— (A) 100 per centum for each of a number of years which, when added to the number of funding years for which the city or county received grants under such section 105, equals five; (B) 80 per centum for the year immediately following year five as determined pursuant to clause (A), (C) 60 per centum for the year immediately following the year provided for in clause (B); and (D) 40 per centum for the year immediately following the year provided for in clause (C). For the purposes of this paragraph the average annual grant under part B of title I of the Housing Act of 1949 or under section 105 of the Demonstration Cities and Metropolitan Development Act of 1966 shall be established by dividing the total amount of grants made to a participant under the program by the number of months of program activity for which funds were authorized and multiplying the result by twelve.

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