Page:United States Statutes at Large Volume 95.djvu/1445

 PUBLIC LAW 97-101—DEC. 23, 1981

95 STAT. 1419

TROUBLED PROJECTS OPERATING SUBSIDY

For assistance payments to owners of eligible multifamily housing projects insured, or formerly insured, under the National Housing Act, as amended, in the program of operating subsidies for troubled 12 USC i70i. multifamily housing projects under the Housing and Community Development Amendments of 1978, $4,000,000, together with all 42 USC 5301 unobligated balances of excess rental charges and with any collec- ^°^tions after September 30, 1981, to remain available until September 30, 1983: 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. HOUSING COUNSELING ASSISTANCE

For contracts, grants, and other assistance, not otherwise provided for, for providing counseling and advice to tenants and homeowners—both current and prospective—with respect to property maintenance, financial management, and such other matters as may be appropriate to assist them in improving their housing conditions and meeting the responsibilities of tenancy or homeownership, including provisions for training and for support of voluntary agencies and services as authorized by section 106(a)(l)(iii) and section 106(a)(2) of the Housing and Urban Development Act of 1968, as amended, 12 USC iTOix. $5,000,000. FEDERAL HOUSING ADMINISTRATION FUND

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)), $222,148,000, to remain available until expended. During 1982, 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 1982, additional commitments to guarantee loans to carry out the purposes of the National Housing Act, as amended, shall not exceed $40,000,000,000. LOW-RENT PUBLIC HOUSING—LOANS AND OTHER EXPENSES

During 1982, 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 1982, 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 1982, within the resources and authority available, gross obligations for the principal amounts of direct loans shall not exceed $2,590,000.

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