Page:United States Statutes at Large Volume 95.djvu/1446

This page needs to be proofread.

PUBLIC LAW 97-000—MMMM. DD, 1981

95 STAT. 1420

PUBLIC LAW 97-101—DEC. 23, 1981 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SPECIAL A S S I S T A N C E FUNCTIONS FUND

During 1982, within the resources and authority available, gross obligations for the principal amounts of direct loans made pursuant to section 305 of the National Housing Act, as amended (12 U.S.C. 1720), shall not exceed $1,973,000,000, which may be financed with collections received in 1982, and additional obligations are authorized in such amounts as are necessary for increases to prior year commitments. PAYMENT OF PARTICIPATION SALES INSUFFICIENCIES

81 Stat. 341.

For the payment of such insufficiencies as may be required by the Government National Mortgage Association, as trustee, on account of outstanding beneficial interests or participations in assets of the Department of Housing and Urban Development (including the Government National Mortgage Association) authorized by the Independent Offices and Department of Housing and Urban Development Appropriation Act, 1968, to be issued pursuant to section 302(c) of the Federal National Mortgage Association Charter Act, as amended (12 U.S.C. 1717), $1,964,000. EMERGENCY MORTGAGE PURCHASE ASSISTANCE

During 1982, within the resources and authority available, gross obligations for the principal amounts of direct loans are authorized in such amounts as are necessary for increases to prior year commitment contracts. GUARANTEES OF MORTGAGE-BACKED SECURITIES

12 USC 1721.

During 1982, additional commitments to issue guarantees to carry out the purposes of section 306 of the National Housing Act, as amended (12 U.S.C. 1721g), shall not exceed $68,250,000,000. SOLAR ENERGY AND ENERGY CONSERVATION BANK ASSISTANCE FOR SOLAR AND CONSERVATION IMPROVEMENTS

For financial assistance and other expenses, not otherwise provided for, to carry out the provisions of the Solar Energy and Energy Conservation Bank Act of 1980 (12 U.S.C. 3601), $25,000,000, to remain available until September 30, 1983. COMMUNITY PLANNING AND DEVELOPMENT COMMUNITY DEVELOPMENT GRANTS

42 USC 5303.

For grants to States and units of general local government and for related expenses, not otherwise provided for, necessary for carrying out a community development grant program as authorized by title I of the Housing and Community Development Act of 1974, as amended (42 U.S.C. 5301), $3,666,000,000, to remain available untU September 30, 1984: Provided, That not to exceed 20 per centum of any grant made pursuant to section 103(a) of title I of the Housing and Community Development Act of 1974, as amended, shall be expended for "Planning and Management Development" and "Administra-