Page:United States Statutes at Large Volume 98 Part 2.djvu/56

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PUBLIC LAW 98-000—MMMM. DD, 1984

98 STAT. 1216

12 USC I70iq ?2*usr 1701 ivuiq.

PUBLIC LAW 98-371—JULY 18, 1984

loans for the development of housing for the elderly or handicapped, with any cash equity or other financial commitments imposed as a condition of loan approval to be returned to the sponsor if sustaining occupancy is achieved in a reasonable period of time: Provided further, That the full amount shall be available for permanent financing (including construction financing) for housing projects for the elderly or handicapped: Provided further, That the Secretary may borrow from the Secretary of the Treasury in such amounts as are necessary to provide the loans authorized herein: Provided further. That, notwithstanding any other provision of law, the receipts and disbursements of the aforesaid fund shall be included in the totals of the Budget of the United States Government: Provided further. That, notwithstanding section 202(a)(3) of the Housing Act °^ 1959, loans made in fiscal year 1985 shall bear an interest rate which does not exceed 9.25 per centum, including the allowance adequate in the judgment of the Secretary to cover administrative costs and probable losses under the program. CONGREGATE SERVICES

42 USC 8001

For contracts with and payments to public housing agencies and nonprofit corporations for congregate services programs in accordance with the provisions of the Congregate Housing Services Act of 1978, $4,144,000, to remain available until September 30, 1986.

note. PAYMENTS FOR OPERATION OF LOW-INCOME HOUSING PROJECTS

42 USC 1437Z.

For payments to public housing agencies for operating subsidies for low-income housing projects as authorized by section 9 of the United States Housing Act of 1937, as amended (42 U.S.C. 1437g), $1,138,500,000: Provided, That of the authority provided herein, not more than $15,000,000 shall be obligated to public housing agencies by April 1, 1985, for planning costs associated with the preparation of applications submitted to the Secretary in fiscal year 1985 for modernization assistance under section 14 of such Act, without offset by any amount of operating subsidy payment to which a public housing agency may otherwise be entitled. HOUSING COUNSEUNG ASSISTANCE

12 USC 1701X.

For contracts, grants, and other assistance, not otherwise provided for, for providing counseling and advice to tenants and homeowners—both current and prospective—with respect to property maintenance, financial management, and such other matters as may be appropriate to assist them in improving their housing conditions and meeting the responsibilities of tenancy or homeownership, including provisions for training and for support of voluntary agencies and services as authorized by section 106(a)(l)(iii) and section 106(a)(2) of the Housing and Urban Development Act of 1968, as amended, $3,500,000. TROUBLED PROJECTS OPERATING SUBSIDY

12 USC 1701.

For assistance payments to owners of eligible multifamily housing projects insured, or formerly insured, under the National Housing Act, as amended, in the program of operating subsidies for troubled multifamily housing projects under the Housing and Community