123STA T . 221 PUBLIC LA W 111 –5—FE B.1 7, 2 0 0 9creditag e n c yw it h re sp ect t o an award o fl ow inco m eho u sing credits under section 42 of the IRC of 1986:Provide d fu r th er ,T hat the housing credit agency shall perform asset management functions , or shall contract for the performance of such ser v ices, in either case, at the owner ’ se x pense, to ensure compliance with section 42 of the IRC of 1986, and the long term via b ility of buildings funded by assistance under this heading: Provided further, That the term eligible basis ( as such term is defined in such section 42 ) ofa q ualified low - income housing tax credit building receiving assistance under this heading shall not be reduced by the amount of any grant described under this heading: Provided further, That the S ecretary shall be given access upon reasonable notice to a State housing credit agency to information related to the award of F ederal funds from such housing credit agency pursu- ant to this heading and shall establish an Internet site that shall identify all pro j ects selected for an award, including the amount of the award and such site shall provide lin k age to the housing credit agency allocation plan which describes the process that was used to make the award decision: Provided further, That in admin- istering funds under this heading, the Secretary may waive any provision of any statute or regulation that the Secretary administers in connection with the obligation by the Secretary or the use by the recipient of these funds except for requirements imposed by this heading and requirements related to fair housing, non-discrimi- nation, labor standards and the environment, upon a finding that such waiver is required to expedite the use of such funds: Provided further, That for purposes of environmental compliance review, funds under this heading that are made available to State housing credit agencies for distribution to projects awarded low income housing tax credits shall be treated as funds under the HOME program and shall be subject to Section 288 of the HOME Invest- ment P artnership A ct .HOMEL E S S N ESS PR E V EN TI ON FU N D For homelessness prevention and rapid re-housing activities, $ 1, 50 0,000,000, to remain available until September 3 0, 2011: Pro - vided, That funds provided under this heading shall be used for the provision of short-term or medium-term rental assistance
housing relocation and stabili z ation services including housing search, mediation or outreach to property owners, credit repair, security or utility deposits, utility payments, rental assistance for a final month at a location, moving cost assistance, and case management; or other appropriate activities for homelessness prevention and rapid re-housing of persons who have become home- less: Provided further, That grantees receiving such assistance shall collect data on the use of the funds awarded and persons served with this assistance in the H UD Homeless Management Information System ( ‘ ‘HMIS’’) or other comparable database: Provided further, That grantees may use up to 5 percent of any grant for administra- tive costs: Provided further, That funding made available under this heading shall be allocated to eligible grantees (as defined and designated in sections 411 and 412 of subtitle B of title I V of the Mc K inney-Vento Homeless Assistance Act, (the ‘‘Act’’)) pursu- ant to the formula authorized by section 413 of the Act: Provided further, That the Secretary may establish a minimum grant size: Provided further, That grantees shall expend at least 60 percent Deadlin e s.W ai v e r a utho rit y . We b site. C ontra c ts.
