Page:United States Statutes at Large Volume 91.djvu/1157

 PUBLIC LAW 95-128—OCT. 12, 1977

91 STAT. 1123

(including amounts provided for use under section 103(a)(2)) and section 106(f)(1)(B).". DISCRETIONARY

FUND

SEC. 107. Section 107 of the Housing and Community Development Act of 1974 is amended— (1) by striking out "and 1977," in subsection (a) and inserting in lieu thereof "1977, 1978, 1979, and 1980,"; (2) by striking out "2 per centum" in subsection (a) and inserting in lieu thereof "3 per centum"; (3) by striking out "and units of general local government" in subsection (a)(5) and inserting in lieu thereof ", units of general local government, and Indian tribes"; (4) by striking out "and" at the end of subsection (a)(5), by striking out the period at the end of subsection (a)(6) and inserting in lieu thereof a semicolon, and by adding the following after subsection (a)(6);^ " (7) to Indian tribes; and "(8) to States, units of general local government, Indian tribes, or areawide planning organizations for the purpose of providing technical assistance in planning, developing, and administering assistance under this title. The Secretary may also provide such technical assistance under this paragraph directly or through contracts."; (5) by striking out "one-fourth" in subsection (b) and inserting in lieu thereof "15 per centum"; and (6) by adding the following new subsection at the end thereof: "(d) No grant may be made to an Indian tribe unless the applicant provides satisfactory assurances that its program will be conducted and administered in conformity with title II of Public Law 90-284. The Secretary may waive, in connection with such grants, the provisions of section 109 and section 110."

42 USC 5307.

Technical assistance.

Assurances, 25 USC 1301. Waiver,

GUARANTEE OF LOANS' FOR ACQUISITION OF PROPERTY

SEC. 108. Section 108 of the Housing and Community Development Act of 1974 is amended— (1) by striking out subsections (a) and (b); (2) by redesignating subsections (c), (d), (e), (f), and (g) as subsections (f), (g), (h), (i), and (j), respectively; (3) by inserting before subsection (f), as redesignated, the following: "(a) The Secretary is authorized, upon such terms and conditions as the Secretary may prescribe, to guarantee and make commitments to guarantee the notes or other obligations issued by units of general local government, or by public agencies designated by such units of general local government, for the purposes of financing acquisition of real property or the rehabilitation of real property owned by the unit of general local government (including such related expenses as the Secretary may permit by regulation). Notes or other obligations guaranteed pursuant to this section shall be in such form and denominations, have such maturities, and be subject to such conditions as may be prescribed by regulations issued by the Secretary. "(b) No guarantee or commitment to guarantee shall be made with respect to any note or other obligation if the issuer's total outstanding notes or obligations guaranteed under this section would thereby

42 USC 5308. 42 USC 5308, 31 USC 711. 42 USC 5308.

Prerequisites.

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