Page:United States Statutes at Large Volume 98 Part 2.djvu/1066

 98 STAT. 2226 Ante, p. 2225.

97 Stat. 1234. 12 USC 3612. 97 Stat. 1234. 12 USC 3618.

Regulations. 12 USC 3618 note. 12 USC 3612.

97 Stat. 1239. Prohibition. 12 USC 1715b note. 97 Stat. 1222. 12 USC 1715Z-7.

PUBLIC LAW 98-479—OCT. 17, 1984

"(2) The report shall contain a description of the activities undertaken under section 906(a)(4), and shall specify, as a percentage of equity and in dollars, the extent of the corporation's and the partnership's investment in housing for the benefit of families and individuals of low or moderate income, the extent of the corporation's and the partnership's investment in other housing, and the extent of the corporation's and the partnership's activities which are undertaken under section 906(a)(4).". (d)(1) Section 514(b)(5)(A) of the Solar Energy and Energy Conservation Bank Act is amended by striking out "loan" and inserting in lieu thereof "grant". (2)(A) Section 520(b)(5) of the Solar Energy and Energy Conservation Bank Act is amended to read as follows: "(5)(A) establish explicit criteria, and their relative weights, for the allocation of financial assistance under this subtitle among eligible financial institutions; and "(B) provide that all amounts available for financial assistance under this subtitle as a result of any one appropriations law, or otherwise available for such assistance, shall be allocated at the same time; and". (B) The Secretary shall issue the regulations required as a result of the amendment made by this paragraph not later than 90 days after the date of the enactment of this Act. (e)(1) Section 463 of the Housing and Urban-Rural Recovery Act of 1983 is amended by striking out "(c)(1)" the second place it appears and inserting in lieu thereof "(d)(1)". (2) Section 482 of the Housing and Urban-Rural Recovery Act of 1983 is amended by striking out "305(b)" and inserting in lieu thereof "305". (f) The Secretary of Housing and Urban Development shall, not later than October 31, 1984, issue regulations to carry out the amendments made to section 242 of the National Housing Act by section 436 of the Housing and Urban-Rural Recovery Act of 1983. RURAL HOUSING

97 Stat. 1240. 42 USC 1471. 97 Stat. 1240. 42 USC 1472.

42 USC 1472 note.

SEC. 105. (a) Section 501(b)(4) of the Housing Act of 1949 is amended by striking out "by the Secretary of Housing and Urban Development". (b)(1) Section 502(d) of the Housing Act of 1949 is amended by striking out paragraphs (1) and (2) and inserting in lieu thereof the following: "(1) not less than 40 percent of the funds approved in appropriation Acts for use under this section shall be set aside and > made available only for very low-income families or persons; and "(2) not less than 30 percent of the funds allocated to each State under this section shall be available only for very lowincome families or persons.". (2) Notwithstanding any other provision of law, the provisions of section 502(d) of the Housing Act of 1949, as amended by paragraph (1), shall apply with respect to fiscal year 1985 and thereafter, and the provisions of such section, as so amended, may not be changed or superseded except by another provision of law which amends such section.

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