Page:United States Statutes at Large Volume 105 Part 3.djvu/447

This page needs to be proofread.

PUBLIC LAW 102-242—DEC. 19, 1991 105 STAT. 2331 "(C) who certifies in writing that the household intends to occupy the property as a principal residence for at least 12 months; and "(D) whose income does not exceed 115 percent of the median income for the area, as determined by the Secretary, with adjustment for family size. "(13) QUALIFYING MULTIFAMILY PURCHASER.— The term 'qualifying multifamily purchaser' means— "(A) a public agency; "(B) a nonprofit organization; or "(C) a for-profit entity, which makes a commitment (for itself or any related entity) to comply with the low-income occupancy requirements under subsection (d)(7) for any eligible multifamily housing property for which an offer to purchase is made during or after the periods specified under subsection (d). "(14) SECRETARY. — The term 'Secretary' means the Secretary of Housing and Urban Development. "(15) STATE HOUSING FINANCE AGENCY. —The term 'State housing finance agency' means the public agency, authority, corporation, or other instrumentality of a State that has the authority to provide residential mortgage loan financing throughout the State. "(16) VERY LOW-INCOME FAMILIES.—The term 'very low-income families' means families and individuals whose incomes do not exceed 50 percent of the median income of the area involved, as determined by the Secretary, with adjustment for family size.". (b) COORDINATION. — The Federal Deposit Insurance Corporation l2 USC 1831q and the Resolution Trust Corporation shall consult and coordinate "°^- with each other in carrying out their respective responsibilities under the affordable housing programs under section 42 of the Federal Deposit Insurance Act and section 21A(c) of the Federal Home Loan Bank Act. Such corporations shall develop any procedures, and may enter into any agreements, necessary to provide for the coordinated, efficient, and effective operation of such programs. (c) CONFORMING AMENDMENTS. — (1) FEDERAL DEPOSIT INSURANCE ACT.— Section 11(d) of the Federal Deposit Insurance Act (12 U.S.C. 1821(d)) is amended— (A) in paragraph (2)(B), in the matter preceding clause (i), by inserting "(subject to the provisions of section 42)" before the comma; and (B) in paragraph (2)(E), by inserting "(subject to the provisions of section 42)" before the first comma. (2) HOUSING ACT OF 1959.— Section 202(h)(2) of the Housing Act of 1959 (12 U.S.g. 1701q(h)(2)), as amended by section 801(a) of the Cranston-Gonzalez National Affordable Housing Act, is amended by inserting "or from the Federal Deposit Insurance Corporation under section 42 of the Federal Deposit Insurance Act" after "Federal Home Loan Bank Act". Subtitle E—Whistleblower Protections SEC. 251. ADDITIONAL WHISTLEBLOWER PROTECTIONS. (a) ADDITIONAL COVERAGE ESTABLISHED UNDER FEDERAL DEPOSIT INSURANCE ACT.—