Page:United States Statutes at Large Volume 97.djvu/1281

 PUBLIC LAW 98-181—NOV. 30, 1983 97 STAT. 1249 (e) Section 521 of such Act is amended by adding at the end thereof the following: "(d)(l)(A) In entering into contracts for assistance under this section and utilizing rental assistance authority which becomes available, the Secretary shall first assure that expiring contracts are extended for those units occupied by persons and families of low income, and that additional assistance is used where necessary to provide the full amount authorized pursuant to existing contracts. "(B) Remaining funds shall be used for contracts which assist very low-income persons and families occupying projects receiving com- mitments under section 514, 515, or 516 after fiscal year 1983, except that up to 5 per centum of the units assisted may be occupied by persons and families of low income. "(C) To the extent any funds are available after providing assist- emce in accordance with subparagraphs (A) and (B), the Secretary shall provide additional assistance to existing projects which would become occupied and affordable by very low-income persons and families, except that up to 5 per centum of the units assisted may be Ofcupied by persons and families of low income. "(2) The Secretary shall transfer rental assistance contract authority under this section from projects where such authority is unused after initial rentup and not needed because of a lack of eligible tenants in the area to projects where such authority is needed. "(e) Any rent or contribution of any recipient shall not increase as a result of this section, any amendment thereto, or any other provision of Federal law or regulation by more than 10 per centum during any twelve-month period, unless the increase above 10 per centum is attributable to increases in income which are unrelated to this subsection or other law or regulation.". (f) The amendments made by this section shall take effect six months after the date of enactment of this Act, or upon the earlier promulgation of regulations implementing this section by the Secretary. TECHNICAL AND SUPERVISORY ASSISTANCE 42 USC 1490a. Contracts. 42 USC 1484-1486. Transfer authority. Effective date. 42 USC 1490a note. SEC. 518. (a) The last sentence of section 525(b) of the Housing Act of 1949 is amended by striking out all after "sooner" and inserting in lieu thereof a period. (b) Section 525(c) of such Act is repealed. 42 USC 1490e. CONDOMINIUM HOUSING SEC. 519. (a) Section 526 of the Housing Act of 1949 is amended— (1) by striking out "in his discretion" in subsection (a); and (2) by striking out "in his discretion" in subsection (c). 42 USC 1490f. FHA INSURANCE SEC. 520. Title V of the Housing Act of 1949 is amended by adding at the end thereof the following: FHA INSURANCE "SEC. 531. The Secretary is authorized to act as an agent of the Secretary of Housing and Urban Development to recommend insur- 42 USC 1490k. 11-194 O - 85 — 41:QL3

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