Page:United States Statutes at Large Volume 97.djvu/1213

 PUBLIC LAW 98-181—NOV. 30, 1983 97 STAT. 1181 the amendments made by this section of any tenant benefiting from such assistance who is sixty-two years of age or older may not exceed 10 per centum per annum. (B) In the case of any such conversion of assistance occurring on or after OkJtober 1, 1981, and before the date of the enactment of this section, the rental payments due after such date of enactment by any tenant benefiting from such assistance who was sixty-two years of age or older on the date of such conversion shall be computed as if the teneint's rental payment or contribution had, on the date of conversion, been the lesser of the actual rental payment or contribu- tion required, or 25 per centum of the tenant's income. (5) The limitations on increases in rent contained in paragraphs (I)(B), (2), (3), and (4) shall remain in effect and may not be changed or superseded except by another provision of law which amends this subsection. (6) As used in this subsection, the term "contribution" means an amount representing 30 per centum of a tenant's monthly adjusted income, 10 per centum of the tenant's monthly income, or the designated amount of welfare assistance, whichever amount is used to determine the monthly assistance payment for the tenant under section 3(a) of the United States Housing Act of 1937. (7) The provisions of subsections (a) through (h) of section 322 of the Housing and Community Development Amendments of 1981 shall be implemented and fully applicable to all affected tenants no later than five years following the date of enactment of such amend- ments, except that the Secretary may extend the time for implemen- tation if the Secretary determines that full implementation would result in extraordinary hardship for any class of tenants. (e) Section 322(i) of the Omnibus Budget Reconciliation Act of 1981 is repealed. VOUCHER DEMONSTRATION SEC. 207. Section 8 of the United States Housing Act of 1937 is amended by adding at the end thereof the following: "(o)(1) In connection with the rental rehabilitation and develop- ment program under section 17 or the rural housing preservation grant program under section 533 of the Housing Act of 1949, or for other purposes, the Secretary is authorized to conduct a demonstra- tion program using a payment standard in accordance with this subsection. The payment standard shall be used to determine the monthly assistance which may be paid for any family, as provided in paragraph (2) of this subsection, and shall be based on the fair market rental established under subsection (c). "(2) The monthly assistance payment for any family shall be the amount by which the payment standard for the area exceeds 30 per centum of the family's monthly adjusted income, except that such monthly assistance payment shall not exceed the amount by which the rent for the dwelling unit (including the amount allowed for utilities in the case of a unit with separate utility metering) exceeds 10 per centum of the family's monthly income. ' (3) Assistance payments may be made only for (A) a family determined to be a very low-income family at the time it initially receives assistance, or (B) a family previously assisted under this Act. In selecting families to be assisted, preference shall be given to families which, at the time they are seeking assistance, occupy substandard housing, are involuntarily displaced, or are paying more than 50 per centum of family income for rent. Conversion. Increase limitations. "Contribution.' Ante, p. 1179. 95 Stat. 400. 42 USC 1437a note. 42 USC 1437f. Post, p. 1183. Payment standard. Post, p. 1196. Post, p. 1250. Monthly assistance payment.

�