Page:United States Statutes at Large Volume 94 Part 3.djvu/402

 94 STAT. 3046 42 USC 5301 ^°^-

12 USC 1701.

PUBLIC LAW 96-526—DEC. 15, 1980

Development Amendments of 1978, $18,050,000, together with all unobligated balances of excess rental charges and with any collections after September 30, 1980, to remain available until September 30, 1982: Provided, That assistance payments to an owner of a multifamily housing project assisted, but not insured, under the National Housing Act may be made if the project owner and the mortgagee have provided or agreed to provide assistance to the project in a manner as determined by the Secretary of Housing and Urban Development. FEDERAL HOUSING ADMINISTRATION FUND

Ante, p. 1659.

12 USC 1701.

For payment to cover losses, not otherwise provided for, sustained by the Special Risk Insurance Fund and the General Insurance Fund as authorized by the National Housing Act, as amended (12 U.S.C. 1715z-3(b) and 1735c(f)), $268,640,000, to remain available until expended: Provided, That none of the funds in this or any other Act shall be available to cover losses incurred as the result of any emplo3n]ient program not specifically justified at the time the budget was submitted without the prior approval of the Committees on Appropriations: Provided further. That during fiscal year 1981, gross obligations of not to exceed $14,040,000 are authorized for payments under section 230(a) of the National Housing Act as amended by section 341 of the Housing and Community Development Act of 1980 (Public Law 96-399), from the insurance fund chargeable for benefits on the mortgage covering the property to which the payments made relate, and payments in connection with such obligations are hereby approved. During 1981, within the resources available, gross obligations for direct loans are authorized in such amounts as may be necessary, to carry out the purposes of the National Housing Act, as amended. During 1981, additional commitments to guarantee loans to carry out the purposes of the National Housing Act, as amended, shall not exceed $34,154,732,000. LOW-RENT PUBLIC HOUSING—LOANS AND OTHER EXPENSES

During 1981, within the resources available, gross obligations for direct loans are authorized in such amounts as may be necessary to carry out the purposes of the low-rent public housing loan fund. During 1981, total commitments to guarantee loans are authorized in such amounts as may be necessary to carry out the purposes of the low-rent public housing loan fund. NONPROFIT SPONSOR ASSISTANCE

During 1981, within the resources and authority available, gross obligations for the principal amounts of direct loans shall not exceed $2,300,000. GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SPECIAL A S S I S T A N C E FUNCTIONS FUND

During 1981, within the resources and authority available, gross obligations for the principal amounts of direct loans made pursuant to section 305 of the National Housing Act, as amended (12 U.S.C. 1720), shall not exceed $1,800,000,000, which may be financed with collections received in 1981, and additional obligations are author-

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