Page:United States Statutes at Large Volume 106 Part 5.djvu/206

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106 STAT. 3844 PUBLIC LAW 102-550—OCT. 28, 1992 Bridgeport and the State of Connecticut that the city and State, respectively, will supplement such amount with $2,000,000 of additional funds; "(H) $15,000,000 shall be available for grants under the Removal of Regulatory Barriers to A£fordable Housing Act of 1992; and "(I) $7,500,000 shall be available to carry out the Community Outreach Partnership Act of 1992. "(2) TREATMENT OF GRANTS. — Any grants made under this section shall be in addition to any other ^ants that may be made under this title to the same entities for the same purposes.". (2) OTHER PURPOSES. —Section 107(b) of the Housing and Community Development Act of 1974 (42 U.S.C. 5307(b)) is amended— (A) in paragraph (3), by striking "and" at the end; (B) in paragraph (4), by striking the period at the end and inserting a semicolon; and (C) by adding at the end the following: "(5) to States and units of general local government and

  • institutions of higher education having a demonstrated capacity

to carry out eligible activities under this title, except that the Secretary ma^ make a grant under tiiis paragraph only to a State or unit of general local government that jointly, with an institution of higher education, has prepared and submitted to the Secretary an application for such grant, as the Secretary shall by regulation require; "(6) to units of general local government in nonentitlement areas for planning community a4justment8 and economic diversification activities, which may include any eligible activities under section 105, required— "(A) by the proposed or actual establishment, realignment, or closure of a military installation, "(B) by the cancellation or termination of a Department of Defense contract or the failure to proceed with an approved msoor weapon system program, or "(C) by a publicly announced planned major reduction in Department of Defense spending that would directly and adversely affect a unit of general local government and will result in the loss of 1,000 or more full-time Department of Defense and contractor employee positions over a 5-year period in the imit of general local government and the surrounding area, or if the Secretary (in consultation with the Secretary of Defense) determines that an action described in subparagraph (A), (B), or (C), is likely to have a direct and significant adverse consequence on the unit of general local government; and (7) for the purposes of rebuilding and revitalizing distressed areas of the Los Angeles metropolitan area.". 42 USC 5307 (3) REGULATIONS. —Not later than the expiration of the 60-day period beginning on the date of the enactment of this Act, the Secretary of Housing and Urban Development shall issue proposed regulations to carry out section 107(b)(6) of the Housing and Community Development Act of 1974, as added by subsection (c)(2) of this section. The Secretary shall issue final relations to carry out section 107(b)(6) not later than the expiration of the 120-day period beginning on the note.