Page:United States Statutes at Large Volume 91.djvu/1161

 PUBLIC LAW 95-128—OCT. 12, 1977

91 STAT. 1127

with and coordinate such assistance with other Federal agencies which make available funds for similar activities. "(h) The Secretary shall, at least on an annual basis, make reviews Annual reviews and audits of recipients of grants pursuant to this section as necessary and audits. to determine the progress made in carrying out activities substantially in accordance with approved plans and timetables. The Secretary may adjust, reduce, or withdraw grant funds, or take other action as appropriate in accordance with the findings of such review and audits, except that funds already expended on eligible activities under this title shall not be recaptured or deducted from future grants made to the recipient. "(i) No assistance may be provided under this section for projects Relocation, intended to facilitate the relocation of industrial or commercial plants or facilities from one area to another, unless the Secretary finds that Kuch relocation does not significantly and adversely affect the unemployment or economic base of the area from which such industrial or commercial plant or facility is to be relocated. "'(j) The Secretary shall allocate the amounts available for grants under this section in a manner which achieves a reasonable balance among programs that are designed primarily (1) to restore seriously deteriorated neighborhoods, (2) to reclaim for industrial purposes underutilized real property, and (3) to renew commercial employment centers. "(k) Not less than 25 per centum of the funds made available for grants under this section shall be used for cities under fifty thousand population which are not central cities of a standard metropolitan statistical area.". REHABILITATION

LOANS

SEC. 111. (a) Section 312(c)(4)(A) of the Housing Act of 1964 is amended— 42 USC 1452b, (1) by striking out "the amount of a loan which could be insured by the Secretary of Housing and Urban Development under section 220(h) of the National Housing Act" and inserting in lieu thereof "$27,000 per dwelling unit"; and (2) by striking out "under such section". (b) Section 312(d) of such Act is amended by striking out "and not to exceed $100,000,000 for the fiscal year beginning on October 1, 1976" and inserting in lieu thereof "not to exceed $100,000,000 for the fiscal year beginning on October 1, 1976, and not to exceed $60,000,000 for the fiscal year beginning on October 1, 1977". (c) Section 312(h) of such Act is amended by striking out "1977" each place it appears and inserting in lieu thereof "1979". COMPREHENSIVE

PLANNING

SEC. 112. The second sentence of section 701(e) of the Housing Act of 1954 is amended by striking "and not to exceed $100,000,000 40 USC 461. for the fiscal year 1977" and inserting in lieu thereof "not to exceed $100,000,000 for the fiscal year 1977, and not to exceed $75,000,000 for the fiscal year 1978". STUDY ON SMALL CITIES

SEC. 113. The Secretary of Housing and Urban Development shall conduct a study and, not later than one year after the date of enact-

Report to President and Congress. 42 USC 5313 note.

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