Page:United States Statutes at Large Volume 97.djvu/1208

 97 STAT. 1176 PUBLIC LAW 98-181—NOV. 30, 1983 42 USC 1437g, 1437/, post, p. 1196. 42 USC 1437f. Post, p. 1250. Report to Congress. Ante, p. 1175. 42 USC 1437c. eonversion approval. 42 USC 1437/. contracts, contributions, and grants. Post, p. 1196. 42 USC 1437f. 12 USC 1701q. 42 USC 1437/. 1937) the first time it is available for reservation on the basis of a formula which is contained in a regulation prescribed by the Secre- tary, and which is based on the relative needs of different States, areas, and communities as reflected in data as to population, poverty, housing overcrowding, housing vacancies, amount of sub- standard housing, and other objectively measurable conditions speci- fied in such regulation. Any amounts allocated to a State or areas or communities within a State which are not likely to be utilized within a fiscal year shall not be reallocated for usc in another State unless the Secretary determines that other areas or communities within the same State cannot utilize the amounts within that same fiscal year. "(2) Not later than sixty days after approval in an appropriation Act, the Secretary shall allocate from the amounts available for usc in nonmetropolitan areas an amount of authority for assistance under section 8(d) of the United States Housing Act of 1937 deter- mined in consultation with the Secretary of Agriculture for usc in connection with section 532 of the Housing Act of 1949 during the fiscal year for which such authority is approved. The amount of assistance allocated to nonmetropolitan areas pursuant to this sec- tion in any fiscal year shall not be less than 20 nor more than 25 per centum of the total amount of such assistance.". (3) Not later than March 1, 1984, the Secretary shall report to the Congress on the impact of the last sentence of section 213(d)(2) of the Housing and Community Development Act of 1974. (b) Section 5(c) of the United States Housing Act of 1937 is amended— (1) by striking out the last sentence of paragraph (1); (2) by striking out paragraphs (2) and (3) and redesignating the remaining paragraphs accordingly; and (3) by adding at the end thereof the following: "(5) During such period as the Secretary may prescribe for start- ing construction, the Secretary may approve the conversion of public housing development authority for usc under section 14 or for usc for the acquisition and rehabilitation of property to be used in public housing, if the public housing agency, after consultation with the unit of local government, certifies that such assistance would be more effectively used for such purpose, and if the total number of units assisted will not be less than 90 per centum of the units covered by the original reservation. "(6) The aggregate amount of budget authority which may be obligated for contracts for annual contributions and for grants under section 17 is increased by $9,912,928,000 on October 1, 1983, and by such sums as may be approved in appropriation Acts on October 1, 1984. "(7)(A) Using the additional budget authority provided under paragraph (6) and the balances of budget authority which become available during fiscal year 1984, to the extent approved in appropri- ations Acts, the Secretary may reserve authority to enter into obligations aggregating— "(i) not to exceed $1,289,550,000 for public housing, of which not to exceed $389,550,000 shall be available for Indian housing; "(ii) not to exceed $1,926,400,000 for assistance under section 8 in connection with projects developed under section 202 of the Housing Act of 1959; "(iii) not to exceed $1,550,000,000 for comprehensive improve- ment assistance under section 14;

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