Page:United States Statutes at Large Volume 101 Part 3.djvu/574

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PUBLIC LAW 100-000—MMMM. DD, 1987

101 STAT. 1872

PUBLIC LAW 100-242—FEB. 5, 1988

mining the amount to be bid, the Secretary shall act consistently with the goal established in section 203(a)(1) of the Housing and Community Development Amendments of 1978.". SEC. 183. TENANT PARTICIPATION IN MULTIFAMILY HOUSING PROJECTS. 12 USC 1715z-lb.

(a) APPLICABILITY.—Section 202(a) of the Housing and Community Development Amendments of 1978 is amended by inserting before the period at the end the following: "or section 202 of the Housing Act of 1959". (b) NOTICE AND COMMENT.—Section 202(b)(1) of the Housing and

Community Development Amendments of 1978 is amended by striking "and the Secretary deems it appropriate" and inserting the following: "or where the Secretary proposes to sell a mortgage secured by a multifamily housing project". Contracts. 42 USC 1437f note.

State and local governments. 12 USC ITOlz-ll note.

(c) NONDISCRIMINATION AGAINST SECTION 8 CERTIFICATE HOLDERS AND VOUCHER HOLDERS.—No owner of a subsidized project (as de-

fined in section 203(i)(2) of the Housing and Community Development Amendments of 1978, as amended by section 181(h) of this Act) shall refuse— (1) to lease any available dwelling unit in any such project of such owner that rents for an amount not greater than the fair r market rent for a comparable unit, as determined by the Secretary under section 8 of the United States Housing Act of 1937, to a holder of a certificate of eligibility under such section, a proximate cause of which is the status of such prospective tenant as a holder of such certificate, and to enter into a li/; housing assistance payments contract respecting such unit; or (2) to lease any available dwelling unit in any such project of •: such owner to a holder of a voucher under section 8(o) of such Act, and to enter into a voucher contract respecting such unit, a proximate cause of which is the status of such prospective tenant as holder of such voucher. SEC. 184. MULTIFAMILY HOUSING DISPOSITION PARTNERSHIP. (a) ESTABLISHMENT OF DEMONSTRATION PROGRAM.—The Secretary

of Housing and Urban Development (referred to in this section as the "Secretary") shall carry out a program to demonstrate the effectiveness of disposing of distressed multifamily housing projects owned by the Department of Housing and Urban Development through a partnership with State housing finance agencies. The demonstration program may be carried out with not more than 4 State housing finance agencies and shall be designed to determine the feasibility of entering into similar relationships with other State housing finance agencies. (b) REQUIREMENTS OF DEMONSTRATION PROGRAM.— (1) OPPORTUNITY TO PARTICIPATE IN SALE.—Not

less than 30 days before offering to sell any multifamily housing project that is located in a State participating in the demonstration program and that is subject to section 204 of the Housing and Community Development Amendments of 1978, the Secretary shall— (A) notify the State housing finance agency of the plan of the Secretary to sell the project; and (B) provide the State housing finance agency with the option to provide the long-term financing for the sale of the project through the co-insurance program of the Secretary, if the project complies with the State laws applicable to the -;, ^ State housing finance agency. 1, - .,, i^4^,,^,^ -.4,,,^„.^-B,^