Page:United States Statutes at Large Volume 97.djvu/351

 PUBLIC LAW 98-63 —JULY 30, 1983 97 STAT. 319 CHAPTER VI DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT HOUSING PROGRAMS ANNUAL CONTRIBUTIONS FOR ASSISTED HOUSING In executing the program for which obhgations may be made as authorized by section 5 of the United States Housing Act of 1937, as amended (42 U.S.C. 1437c), and approved in appropriation Acts for fiscal year 1983, the Department of Housing and Urban Develop- ment shall, with the approval of the Committees on Appropriations, have the authority to reprogram contract authority and the related budget authority among the various activities which may be under- taken under the authority of such section 5, in the budget program 42 USC I437c. set forth in title I of Public Law 98-8 (approved March 24, 1983) under the heading Annual Contributions for Assisted Housing (Dis- approval of Deferral) (97 Stat. 13, 16, 17): Provided, That in addition to the above, the budget program set forth in the first proviso under the heading Annual Contributions for Assisted Housing (Disap- proval of Deferral) in Public Law 98-8 (97 Stat. 13, 16, 17) is hereby amended to provide for assistance under section 5 of the United States Housing Act of 1937, as amended (42 U.S.C. 1437c), for additional section 8 housing of up to six thousand units under loan 42 USC I437f. management, up to seven thousand units under property disposi- tion, and up to nine hundred new or substantial rehabilitation units to be made available to satisfy an existing consent decree, settle- ment agreement, and set-aside pursuant to court order, respectively, in litigation in which the Department of Housing and Urban Devel- opment is a party; for up to one hundred additional public housing units for conversions from assistance under section 23 of such Act as it existed immediately before enactment of Public Law 93-383 (88 Stat. 633); and for amendments, $24,500,000 of contract authority 42 USC 5301 and and $245,000,000 of budget authority for existing units: Provided "ote. further, That such budget program is hereby amended further to reduce the budget authority to be made available for interest rate adjustments by $340,000,000, section 23 conversions by $63,450,000, public housing amendments by $62,000,000, and amendments for section 8 new construction/substantial rehabilitation by $198,000,000, and the budget authority made available by the forego- ing reductions shall be used for the purposes and up to the amounts set forth in the immediately preceding proviso: Provided further. That notwithstanding the limitation on the use of recaptured budget authority in the third proviso under this heading in Public Law 97-377 (96 Stat. 1830, 1907), any budget authority authorized by such section 5 which is recaptured in fiscal year 1983 and exceeds $2,400,000,000 shall also, with the amounts of budget authority which become available as a result of the reductions set forth in the preceding proviso, be made available to satisfy the budget authority requirements of the amendments to such budget program set forth in the first proviso hereof, and such recaptured amounts exceeding the amount of the budget authority necessary to satisfy the require- ments of such first proviso shall then be used in accordance with the third proviso under this heading in Public Law 97-377 (96 Stat. 1830, 1907).

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