Page:United States Statutes at Large Volume 104 Part 2.djvu/350

This page needs to be proofread.

104 STAT. 1330 PUBLIC LAW 101-506 —NOV. 5, 1990 shall be funded for a five-year period, although the life of any such agreement may be extended to fully utilize amounts obligated: Provided further. That agreements entered into or renewed during fiscal years 1987, 1988, 1989 and 1990, may also be extended beyond five years to fully utilize amounts obligated. For an additional amount to reimburse the Rural Housing Insurance Fund for interest subsidies and losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of title V of the Housing Act of 1949, as amended (42 U.S.C. 1488, 1487(e), and 1490a(c)), including $40,000 as authorized by section 521(c) of the Act, also including not to exceed $11,800,000 for debt forgiveness or payments for eligible households as authorized by section 502(c)(5)(D) of the Act, and not to exceed $10,000 per project for advances to nonprofit organizations or public agencies to cover direct costs (other than purchase price) incurred in purchasing projects pursuant to section 502(c)(5)(C) of the Act; $2,667,186,000. For an additional amount as authorized by section 521(c) of the Act, such sums as may be necessary to reimburse the fund to carry out a rental assistance program under section 521(a)(2) of the Housing Act of 1949, as amended. SELF-HELP HOUSING LAND DEVELOPMENT FUND For direct loans pursuant to section 523(b)(1)(B) of the Housing Act of 1949, as amended (42 U.S.C. 1490c), $500,000 shall be available from funds in the Self-Help Housing Land Development Fund. AGRICULTURAL CREDIT INSURANCE FUND For direct and guaranteed loans as authorized by 7 U.S.C. 1928- 1929, to be available from funds in the Agricultural Credit Insurance Fund, as follows: farm ownership loans, $542,000,000, of which $509,000,000 shall be guaranteed loans; $7,000,000 for water development, use, and conservation loans, of which $1,500,000 shall be guaranteed loans; operating loans, $3,500,000,000, of which $2,600,000,000 shall be guaranteed loans; Indian tribe land acquisition loans as authorized by 25 U.S.C. 488, $1,000,000; for emergency insured and guaranteed loans, $600,000,000 to meet the needs resulting from natural disasters; and for matching grants authorized by section 502(b) of the Agricultural Credit Act of 1987 (7 U.S.C. 5101- 5106), $3,750,000. For an additional amount to reimburse the Agricultural Credit Insurance Fund for interest subsidies and losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 1988(a)), $6,014,356,000. RURAL DEVELOPMENT INSURANCE FUND For direct and guaranteed loans as authorized by 7 U.S.C. 1928 and 86 Stat. 661-664, to be available from funds in the Rural Development Insurance Fund, as follows: water and sewer facility loans, $535,000,000, of which $35,000,000 shall be for guaranteed loans; guaranteed industrial development loans, $100,000,000; and community facility loans, $125,000,000, of which $25,000,000 shall be for guaranteed loans. For an additional amount to reimburse the Rural Development Insurance Fund for interest subsidies and losses sustained in prior