PUBLIC LAW 106-74—OCT. 20, 1999 113 STAT. 1103 Secretary of Housing and Urban Development shall submit a report to the Congress containing the quantitative results of the analysis and an enumeration of any project or administrative benefits of such actions. SEC. 522. GRANTS FOR CONVERSION OF ELDERLY HOUSING TO ASSISTED LIVING FACILITIES. Title II of the Housing Act of 1959 is amended by inserting after section 202a (12 U.S.C. 1701q-l) the following new section: "SEC. 202b. GRANTS FOR CONVERSION OF ELDERLY HOUSING TO 12 USC 1701q-2. ASSISTED LIVING FACILITIES. "(a) GRANT AUTHORITY.—The Secretary of Housing and Urban Development may make grants in accordance with this section to owners of eligible projects described in subsection (b) for one or both of the following activities: "(1) REPAIRS. — Substantial capital repairs to projects that are needed to rehabilitate, modernize, or retrofit aging struc^ tures, common areas, or individual dwelling units. "(2) CONVERSION. — Activities designed to convert dwelling units in the eligible project to assisted living facilities for elderly persons. "(b) ELIGIBLE PROJECTS. — An eligible project described in this subsection is a multifamily housing project that is— "(1)(A) described in subparagraph (B), (C), (D), (E), (F), or (G) of section 683(2) of the Housing and Community Development Act of 1992 (42 U.S.C. 13641(2)), or (B) only to the extent amounts of the Department of Agriculture are made available to the Secretary of Housing and Urban Development for such grants under this section for such projects, subject to a loan made or insured under section 515 of the Housing Act of 1949 (42 U.S.C. 1485); "(2) owned by a private nonprofit organization (as such term is defined in section 202); and "(3) designated primarily for occup£incy by elderly persons. Notwithstanding any other provision of this subsection or this section, an unused or underutilized commercial property may be considered an eligible project under this subsection, except that the Secretary may not provide grants under this section for more than three such properties. For any such projects, any reference under this section to dwelling units shall be considered to refer to the premises of such properties. "(c) APPLICATIONS.—Applications for grants under this section Procedures, shall be submitted to the Secretary in accordance with such procedures as the Secretary shall establish. Such applications shall contain— "(1) a description of the substantial capital repairs or the proposed conversion activities for which a grant under this section is requested; "(2) the amount of the grant requested to complete the substantial capital repairs or conversion activities; "(3) a description of the resources that are expected to be made available, if any, in conjunction with the grant under this section; and "(4) such other information. or certifications that the Secretary determines to be necessary or appropriate. "(d) FUNDING FOR SERVICES. —The Secretary may not make a grant under this section for conversion activities unless the
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