Page:United States Statutes at Large Volume 92 Part 3.djvu/603

 92 STAT. 3235

PUBLIC LAW 95-619—NOV. 9, 1978 SEC. 248. INCREASE IN MORTGAGE LIMITS TO COVER COSTS OF SOLAR ENERGY SYSTEMS. (a)

O N E - TO F O U R - F A M I L Y HOUSING.—Section 2 0 3 (b)(2) of

the

National Housing Act is amended by a d d i n g the following new sen- 12 USC 1709. tence at the end thereof: "Notwithstanding any other provision of this paragraph, the amount which may be insured under this section may be increased by u p to 20 percent if such increase is necessary to account for the increased cost of the residence due to the installation of a solar energy system (as defined in subparagraph (3) of the last paragraph 12 USC 1703. of section 2(a) of this Act) therein.". (b) MuLTiFAMiLY HousiNG.—Section 2 0 7 (c)(3) of such Act is 12 USC 1713. amended by a d d i n g the following new sentence at the end thereof: "Notwithstanding any other provision of this paragraph, the amount which may be insured under this section may be increased by u p to 20 percent if such increase is necessary to account for the increased cost of the project due to the installation of a solar energy system (as defined in subparagraph (3) of the last paragraph of section 2(a) of this Act) therein.". (c)

FARMERS H O M E ADMINISTRATION AUTHORITY.—Section 501

of

the Housing Act of 1949 is amended by a d d i n g the following new sub- 42 USC 1471. section at the end thereof: " (f) W i t h respect to any limitation on the amount of any loan which may be made, insured, or guaranteed under this title for the purchase of a dwelling unit, the Secretary may increase such amount by u p to 20 percent if such increase is necessary to account for the increased cost of the dwelling unit due to the installation of a solar energy system (as defined in subparagraph (3) of the last paragraph of section 2(a) of the National Housing Act) therein.". PART 4—MISCELLANEOUS SEC. 251. ENERGY-CONSERVING IMPROVEMENTS FOR ASSISTED HOUSING. (a) PUBLIC HOUSING.—Section 5(c) of the United States Housing Act of 1937 is amended by a d d i n g the following new sentence at the end thereof: " I n addition to any other authority to enter into annual contribution contracts under this subsection, the Secretary may, subject to approval in appropriation Acts, enter into such contracts aggreg a t i n g not more than $10,000,000 per annum for financing the purchase and installation of energy conserving improvements (as defined in subparagraph (2) of the last paragraph of section 2(a) of the National Housing Act) in existing low-income housing projects, other than projects assisted under section 8, which the Secretary determines have the greatest need for such improvements based on the energy consumption of the projects and the amount of such consumption which can be reduced by such improvements.". (b) G R A N T S. - ^ (1) The Secretary of Housing and Urban Development is authorized to make g r a n t s to finance energy conserving improvements (as defined in subparagraph (2) of the last paragraph of section 2(a) of the National Housing Act to projects which are financed with loans under section 202 of the Housing Act of 1959, or which are subject to mortgages insured under section 2 2 1 (d)(3) or section 236 of the National Housing Act. The Secretary shall make assistance available under this subsection on a priority basis to those projects which are in financial difficulty as a result of high energy costs. I n carrying out the program authorized by this subsection, the Secretary shall issue regulations requiring that any g r a n t made under

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42 Use 1437c.

42 USC 1437f.

42 USC 8231.

12 USC 1701g. 12 USC 1715/, 17l5z-l.

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