PUBLIC LAW 106-74—OCT. 20, 1999 113 STAT. 1121 and may not be renewed (including transfer of developments to tenant groups, nonprofit organizations, and public entities),". SEC. 535. TERlVnNATION OF SECTION 8 CONTRACT AND DURATION OF RENEWAL CONTRACT. Section 8(c)(8) of the United States Housing Act of 1937 (42 U.S.C. 1437f(c)(8)) is amended— (1) in subparagraph (A)— (A) by striking "terminating" and inserting "termination of; and (B) by striking the third comma of the first sentence and all that follows through the end of the subparagraph and inserting the following: ". The notice shall also include Notice, a statement that, if the Congress makes funds available, the owner and the Secretary may agree to a renewal of the contract, thus avoiding termination, and that in the event of termination the Department of Housing and Urban Development will provide tenant-based rental assistance to all eligible residents, enabling them to choose the place they wish to rent, which is likely to include the dwelling unit in which they currently reside. Any contract covered by this paragraph that is renewed may be renewed for a period of up to 1 year or any number or years, with payments subject to the availability of appropriations for any year."; (2) by striking subparagraph (B); (3) in subparagraph (C)— (A) by striking the first sentence; (B) by striking "in the immediately preceding sentence"; (C) by striking "180-day each place it appears; (D) by striking "such period" and inserting "1 year"; and (E) by striking "180 days" and inserting "1 year"; and (4) by redesignating subparagraphs (C), (D), and (E), as amended by the preceding provisions of this subsection, as subparagraphs (B), (C), and (D), respectively. SEC. 536. ELIGIBILITY OF RESIDENTS OF FLEXIBLE SUBSIDY PROJECTS FOR ENHANCED VOUCHERS. Section 201 of the Housing and Community Development Amendments of 1978 (12 U.S.C. 1715z-la) is amended by adding at the end the following new subsection: "(p) ENHANCED VOUCHER ELIGIBILITY.— Notwithstanding any other provision of law, any project that receives or has received assistance under this section and which is the subject of a transaction under which the project is preserved as affordable housing, as determined by the Secretary, shall be considered eligible lowincome housing under section 229 of the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (12 U.S.C. 4119) for purposes of eligibility of residents of such project for enhanced voucher assistance provided under section 8(t) of the United States Housing Act of 1937 (42 U.S.C. 1437f(t)) (pursuant to section 223(f) of the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (12 U.S.C. 4113(f))).".
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