Page:United States Statutes at Large Volume 93.djvu/1145

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PUBLIC LAW 96-000—MMMM. DD, 1979

PUBLIC LAW 96-153—DEC. 21, 1979

93 STAT. 1113

they are experiencing significant displacement due to public or private investment; or "(C) will assist in the substantial rehabilitation, in an economical manner, of structures having architectural, historical, or cultural significance. "(7) The Secretary may make available appropriate technical and training assistance to assure that applicants having limited resources, particularly minority applicants, are able to participate more fully in the program carried out under this section.". (c)(1) Section 202(d)(8)(A) of such Act is amended by striking out "or 12 USC I70lq. infirmaries or other inpatient or" and inserting in lieu thereof "adult day health facilities, or other". (2) Section 202(f) of such Act is amended by inserting "(including adult day health services)" after "health". (d) Section 202(g) of such Act is amended by adding the following new sentence at the end thereof: "At the time of settlement on permanent financing with respect to a project under this section, the Secretary shall make an appropriate adjustment in the amount of any assistance to be provided under a contract for annual contributions pursuant to section 8 of the United States Housing Act of 1937 in order to reflect fully any difference between the interest rate which will actually be charged in connection with such permanent financing and the interest rate which was in effect at the time of the reservation of assistance in connection with the project.". (e) Not later than six months after the date of enactment of this Report to Act, the Secretary of Housing and Urban Development shall transmit Congress. 12 USC ITOlq a report to the Congress on the housing needs of the elderly and note. handicapped in rural areas. Such report shall at least include— (1) an assessment of the operations of the present programs in rural areas available to the elderly and handicapped; (2) an assessment of the housing needs of the elderly and handicapped living in rural areas; and (3) an examination of the various alternatives available to meet the housing needs of the elderly and handicapped in rural areas. (f) Not later than six months after the date of enactment of this Act, Report to the Secretary of Housing and Urban Development shall transmit a Congress. 12 USC 1701q report to the Congress containing recommendations on means to note. reduce the costs of the program carried out under section 202 of the Housing Act of 1959 without— (1) unduly burdening sponsors of programs and projects under this section; or (2) adversely affecting the ability of the program under this section to meet the housing needs of elderly and handicapped families. NEIGHBORHOOD REINVESTMENT CORPORATION

SEC. 307. Section 608(a) of the Housing and Community Development Amendments of 1978 is amended by inserting ", and not to 92 Stat. 2119. exceed $12,000,000 for fiscal year 1980" after "1979". ^2 USC 8107. EXEMPTION FROM STATE USURY LAWS

SEC. 308. Title V of the National Housing Act is amended by adding the following new section at the end thereof: