Page:United States Statutes at Large Volume 95.djvu/1503

This page needs to be proofread.

PUBLIC LAW 97-000—MMMM. DD, 1981

PUBLIC LAW 97-103—DEC. 23, 1981

95 STAT. 1477

FEDERAL CROP INSURANCE CORPORATION FUND

For payments as authorized by section 508(b) of the Federal Crop ^ use 1508. Insurance Act of 1980, $57,456,000. COMMODITY CREDIT CORPORATION REIMBURSEMENT FOR NET REALIZED LOSSES

To reimburse the Commodity Credit Corporation for net realized losses sustained in prior years, but not previously reimbursed, pursuant to the Act of August 17, 1961 (15 U.S.C. 713a-ll, 713a-12), $2,043,229,000. LIMITATION ON DIRECT LOANS

Provided, That none of the funds in this Act may be used to carry 15 USC 7l3a-l0. out an Export Credit Sales direct loan program in excess of $2,200,000,000 in fiscal year 1982: Provided further, That none of the funds in this Act may be used to carry out a program of loan guarantees by the Corporation for the production and marketing of industrial hydrocarbons and alcohols from agricultural commodities and forest products. TITLE II—RURAL DEVELOPMENT PROGRAMS RURAL DEVELOPMENT ASSISTANCE FARMERS HOME ADMINISTRATION RURAL H O U S I N G INSURANCE FUND

For direct loans and related advances pursuant to section 517(m) of the Housing Act of 1949, as amended, $24,000,000 shall be available from funds in the rural housing insurance fund, and for insured loans as authorized by title V of the Housing Act of 1949, as amended, $3,700,600,000, of which not less than $3,265,600,000 shall be available for subsidized interest loans to low-income borrowers as determined by the Secretary; and not to exceed $5,000,000 for advances as authorized by section 501(e) of such Act and not to exceed $2,000,000 for compensation of construction defects as authorized by section 509(c) of such Act. During fiscal year 1982, no more than 14,280 units may be assisted under rental assistance agreements entered into during the year pursuant to authority under section 521(a)(2) of the Housing Act of 1949, as amended, and the total obligation incurred over the life of these agreements shall not exceed $398,000,000 to be added to and merged with the authority provided for this purpose in prior fiscal years. For an additional amount to reimburse the rural housing insurance fund for interest subsidies and losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of title V of the Housing Act of 1949, as amended (42 U.S.C. 1483, 1487e, and 1490a(c)), including $6,995,000, as authorized by section 521(c) of the Act, $653,967,000, and for an additional amount as authorized by section 521(c) of the Act as may be necessary to reimburse the fund to carry out a rental assistance program under section 521(a)(2) of the Housing Act of 1949, as amended.

42 USC 1487. 42 USC 1471.

42 USC 1471. 42 USC 1479.

42 USC l490a.

42 USC 1487.