Page:United States Statutes at Large Volume 94 Part 1.djvu/777

 PUBLIC LAW 96-294—JUNE 30, 1980 purchase and installation of residential energy conserving improvements in a residential building may not exceed— (1) in the case of an owner or tenant whose income does not exceed an amount equal to 80 percent of the median area income— (A) an amount equal to 50 percent of the cost of the residential energy conserving improvements; or (B) $1,250 in the case of a residential building with one dwelling unit, $2,000 in the case of a residential building with 2 dwelling units, $2,750 in the case of a residential building with 3 dwelling units, or $3,500 in the case of a residential building with 4 dwelling units, whichever is less; (2) in the case of an owner or tenant whose income exceeds an amount equal to 80 percent, but does not exceed an amount equal to 100 percent, of the median area income— (A) an amount equal to 35 percent of the cost of the residential energy conserving improvements; or (B) $875 in the case of a residential building with one dwelling unit, $1,400 in the case of a residential building with 2 dwelling units, $1,925 in the case of a residential building with 3 dwelling units, or $2,450 in the case of a residential building with 4 dwelling units, whichever is less; (3) in the case of an owner or tenant whose income exceeds an amount equal to 100 percent, but does not exceed an amount equal to 120 percent, of the median area income— (A) an amount equal to 30 percent of the cost of the residential energy conserving improvements; or (B) $750 in the case of a residential building with one dwelling unit, $1,200 in the case of a residential building with 2 dwelling units, $1,650 in the case of a residential building with 3 dwelling units, or $2,100 in the case of a residential building with 4 dwelling units, whichever is less; and (4) in the case of an owner or tenant whose income exceeds an amount equal to 120 percent, but does not exceed an amount equal to 150 percent, of the median area income— (A) an amount equal to 20 percent of the cost of the residential energy conserving improvements; or (B) $500 in the case of a residential building with one dwelling unit, $800 in the case of a residential building with 2 dwelling units, $1,100 in the case of a residential building with 3 dwelling units, or $1,440 in the case of a residential building with 4 dwelling units, whichever is less. (b) The maximum amount of financial assistance which may be provided to an owner or tenant under this subtitle for the purchase and installation of residential energy conserving improvements in a multifamily residential building may not exceed— (1) an amount equal to 20 percent of the cost of such improvements; or (2) the sum of $400 times the number of dwelling units in such building in the case of an owner, or $400 in the case of a tenant, whichever is less. (c) The maximum amount of financial assistance which may be provided under this subtitle to an owner of, or tenant in, a commer-

94 STAT. 727

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