Page:United States Statutes at Large Volume 92 Part 2.djvu/847

 PUBLIC LAW 95-557—OCT. 31, 1978

92 STAT. 2127

if such compliance will contribute to a reduction in the paperwork and regulatory burden of housing and housing finance programs administered by the agency. (c) The Director of the Office of Management and Budget shall coordinate and monitor the development and implementation by Federal departments and agencies of the efforts required by subsection (b) and shall report to the Congress on such development and implementation as part of each report required under Public Law 93-556.

Implementation, report to Congress.

HOUSING PRODUCTION REPORT

SEC. 906. Section 1603 of the Housing and Urban Development Act of 1968 is amended to read as follows:

42 USC 1441c.

u REPORT ON GOALS

"SEC. 1603. Not later than January 20 of each year, the President Transmittal to shall transmit to the Congress a report which— Congress. " (1) reviews the progress made in achieving housing production objectives during the preceding year, and in the event that proposed objectives are not achieved, identifies the reasons for the failure; "(2) projects the level, composition, and general location of production and rehabilitation activity during the current year, and reassesses the availability of required resources; "(3) specifies Federal programs and policies to be implemented or recommended in order to achieve the objective; "(4) updates estimates of the housing needs of lower income families, analyzing these needs, insofar as possible, by type of household, housing need, including households with specialized needs, and general location, and in addition, reassesses the capacity of each Federal housing program to serve the needs identified; " (5) reviews the progress made in achieving goals of conserving and upgrading older housing and neighborhoods, expanding homeownership and equal housing opportunities, and assuring reasonable shelter costs; "(6) reports on progress made toward developing new methods for measuring and monitoring progress in achieving these goals; and "(7) identifies legislative and administrative actions which will or should be adopted or implemented during the current year to support achievement of the goals.". AMENDMENTS TO INTERSTATE LAND SALES F U L L DISCLOSURE ACT

SEC. 907. (a) Section 1403(a) of the Interstate Land Sales Full Disclosure Act is amended— 15 USC 1702. (1) by inserting "condominium," after "commercial." in clause (2) by inserting after " 'adverse claims' do not refer to" in clause (10) the following: "United States land patents or Federal grants and reservations similar to United States land patents, nor to"; and

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