Page:United States Statutes at Large Volume 94 Part 2.djvu/389

 PUBLIC LAW 96-399—OCT. 8, 1980

94 STAT. 1667

"(4) The Secretary shall report to the Congress no later than Report to January 15, 1984, and no later than January 15 of every third year Congress. thereafter, concerning the progress made in encouraging other Federal departments and agencies to use approved plans and strategies as provided in paragraphs (1) and (2) of this subsection. (o) The consent of the Congress is hereby given to any two or more State compacts. States to enter into agreements or compacts, not in conflict with any law of the United States, for cooperative effort and mutual assistance in the comprehensive planning for the growth and development of interstate, metropolitian, or other urban areas, and to establish such agencies, joint or otherwise, as they may deem desirable for making effective such agreements and compacts. "(p) There is authorized to be appropriate for purposes of this Appropriation section an amount not to exceed $40,000,000 for the fiscal year 1981, authorization. and not to exceed $40,000,000 for the fiscal year 1982. Any amounts appropriated shall remain available until expended.". SEC. 402. This title shall become effective on the effective date of Effective date. regulations implementing section 401 of this title, but in no event 40 USC 461 note. later than May 1, 1981. TITLE V—RURAL HOUSING AUTHORIZATIONS

SEC. 501. (a) Section 513 of the Housing Act of 1949 is amended— (1) by striking out "not to exceed $4,484,000,000 with respect to fiscal year ending October 15, 1980" in subsection (a) and inserting in lieu thereof "not to exceed $3,797,600,000 with respect to the fiscal year ending September 30, 1981"; (2) by striking out "not less than $3,070,000,000" in subsection (a)(1) and inserting in lieu thereof "not less than $3,120,000,000"; (3) by striking out "not more than $38,000,000" in subsection (a)(2) and inserting in lieu thereof "not more than $25,600,000"; (4) by striking out "and" at the end of subsection (a)(2), by striking out the period at the end of subsection (a)(3) and inserting in lieu thereof "; and", and by adding at the end of subsection (a) the following new paragraph: "(4) not more than $100,000,000 of such amount shall be available for loans guaranteed pursuant to this title on behalf of borrowers who do not receive assistance pursuant to subparagraph (B) or (C) of section 521(a)(1)."; (5) by striking out subsection (b)(2) and inserting in lieu thereof the following: "(2) not to exceed $49,000,000 for loans and grants pursuant to section 504 for the fiscal year ending September 30, 1981, of which not more than $25,000,000 shall be available for grants;"; (6) by striking out "not to exceed $30,000,000 for financial assistance pursuant to section 516 for the fiscal year ending October 15, 1980" in subsection (b)(3) and inserting in lieu thereof "not to exceed $25,000,000 for financial assistance pursuant to section 516 for the fiscal year ending September 30, 1981"; and (7) by striking out "not to exceed $1,500,000 for the purposes of section 525(a) of which not less than $750,000 shall be used for counseling purchasers and delinquent borrowers and not to exceed $1,000,000 for the purposes of section 525(b) for the fiscal year ending September 30, 1980" in subsection (b)(4) and inserting in lieu thereof "not to exceed $2,000,000 for the purposes of

42 USC 1483.

42 USC I490a.

42 USC 1474. 42 USC i486.

42 USC I490e.

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