Page:United States Statutes at Large Volume 94 Part 1.djvu/924

 94 STAT. 874

PUBLIC LAW 96-304—JULY 8, 1980 HOUSING PAYMENTS

For an additional amount for "Housing payments", $745,037,000. PAYMENTS FOR OPERATION OF LOW-INCOME HOUSING PROJECTS

For an additional amount for "Payments for operation of lowincome housing projects", $13,800,000. LOW-RENT PUBLIC HOUSING—LOANS AND OTHER EXPENSES, PAYMENTS TO THE FEDERAL FINANCING BANK (INCLUDING TRANSFER OF FUNDS)

42 USC 1437c.

Unobligated balances of authority in the amount of $1,995,325,000 to be transferred from the amounts provided in prior appropriation Acts for section 5(c) of the United States Housing Act of 1937, as amended (42 U.S.C. 1437(c)) shall be available for contracts for periodic payments to the Federal Financing Bank, as authorized by section 16(b) of Federal Financing Bank Act of 1973 (12 U.S.C. 2294(b)), to offset the cost to the Bank of purchasing obligations of local public housing authorities issued for purposes of financing public housing projects as authorized under section 5(c). $1,995,325,000 shall be available until expended for liquidation of obligations incurred pursuant to these contracts. GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SPECIAL ASSISTANCE FUNCTIONS FUND

Hhe amount of purchases and commitments authorized under this head for fiscal year 1980 is further increased by $150,000,000. COMMUNITY PLANNING AND DEVELOPMENT COMMUNITY DEVELOPMENT GRANTS (RESCISSIONS)

91 Stat. 1075. 42 USC 5303. 42 USC 5307.

92 Stat. 793. 42 USC 5306.

Of the funds appropriated under this head as authorized by title I of the Housing and Community Development Act of 1974, as amended (42 U.S.C. 5301), in the Department of Housing and Urban Development—Independent Agencies Appropriation Act, 1978, $213,152 appropriated pursuant to section 103(a) of the 1974 Act and available for commitment under section 107(a) of the 1974 Act are rescinded. Of the funds appropriated under this head as authorized by title I of the Housing and Community Development Act of 1974, as amended (42 U.S.C. 5301), in the Department of Housing and Urban Development—Independent Agencies Appropriation Act, 1979, $28,480,303 are rescinded, of which $11,303,122 shall be from funds appropriated pursuant to section 103(a) of the 1974 Act and available for reallocation pursuant to section 106(e) of the 1974 Act, $14,286,848 shall be from funds appropriated pursuant to section 103(a) of the 1974 Act and available for commitment under section 107(a) of the 1974 Act and $2,890,333 shall be from funds appropriated pursuant to section 103(b) of the 1974 Act. Of the funds appropriated under this head as authorized by title I of the Housing and Community Development Act of 1974, as amended

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