Page:United States Statutes at Large Volume 94 Part 2.djvu/351

 PUBLIC LAW 96-399—OCT. 8, 1980

94 STAT. 1629

"O'XD The Secretary may issue such rules and regulations as may be necessary to carry out the provisions and purposes of this section. "(2) The Secretary shall issue rules and regulations establishing standards which provide for decent, safe, and sanitary living conditions in low-rent public housing projects and for energy conserving improvements in such projects and which, to the extent practicable, are consistent with the Minimum Property Standards for MultiFamily Housing as they reasonably would be applied to existing housing, except that the Secretary may establish higher standards on a project-by-project basis in such cases where the Secretary deems such higher standards appropriate for furthering the purposes of this section.'. 93 Stat. 1109. (b) Section 13 of such Act is amended— 42 USC 1437k. (1) by striking out subsection (a); and (2) by striking out "(b)" in subsection (b). (c) Section 6(f) of such Act is amended by inserting "pursuant to 42 USC I437d section 14" after "modifications" in the first and second sentences thereof. (d) Section 213(d)(l) of the Housing and Community Development 42 USC 1439. Act of 1974 is amended by striking out "modernization of low-income housing projects" and inserting in lieu thereof "carrying out section Ante, p. 1625. 14 of such Act". SECTION 8 AMENDMENTS

SEC. 203. (a) Section 8(c)(l) of the United States Housing Act of 1937 42 USC I437f. is amended by adding the following new sentence after the second sentence: "In the case of newly constructed and substantially rehabilitated units, the exception in the preceding sentence shall not apply to more than 20 per centum of the total amount of authority to enter into annual contributions contracts for such units which is allocated to an area and obligated with respect to any fiscal year beginning on or after October 1, 1980.". (b) Section 8(eK5) of such Act is amended by inserting the following new sentence after the second sentence thereof: "Notwithstanding subsection (c)(1) of this section, the Secretary may, in carrying out the preceding sentence, establish a maximum monthly rent (for units upgraded pursuant to this paragraph) which exceeds the fair market rental by not more than 20 per centum if such units are located in an area where the Secretary finds cost levels so require, except that the Secretary may approve maximum monthly rents which exceed the fair market rentals by more than 20 but not more than 30 per centum where the Secretary determines that special circumstances warrant such higher rent or where necessary to the implementation of a local housing assistance plan.". OPERATING ASSISTANCE FOR TROUBLED MULTIFAMILY HOUSING PROJECTS

SEC. 204. (a) The first sentence of section 201(h) of the Housing and Community Development Amendments of 1978 is amended— 12 USC (1) by striking out "and" after "the fiscal year 1979,"; and 1715z-la. (2) by inserting before the period at the end thereof the following: ", and not to exceed $31,100,000 for the fiscal year 1981". (b) Section 236(fK3XB) of the National Housing Act is amended— 12 USC I7i5z-i. (1) by striking out "October 15, 1980" in the third sentence and inserting in lieu thereof "September 30, 1981"; and

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