Page:United States Statutes at Large Volume 98 Part 2.djvu/58

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PUBLIC LAW 98-000—MMMM. DD, 1984

98 STAT. 1218

PUBLIC LAW 98-371—JULY 18, 1984 SPECIAL ASSISTANCE FUNCTIONS FUND (TRANSFER OF FUNDS)

12 USC 1721 note. 97 Stat. 1240.

The Secretary shall transfer all assets acquired and liabilities incurred pursuant to section 305 of the Federal National Mortgage Association Charter Act, as amended (12 U.S.C. 1720), to the management and liquidating functions fund established pursuant to section 306 of such Act (12 U.S.C. 1721): Provided, That on October 1, 1984, each outstanding obligation issued by the Secretary of Housing and Urban Development to the Secretary of the Treasury pursuant to section 305(d) of such Act, together with any promise to repay the principal and unpaid interest which has accrued on each obligation, and any other term or condition specified by each such obligation, is canceled. EMERGENCY MORTGAGE PURCHASE ASSISTANCE (TRANSFER OF FUNDS)

12 USC 1723e note. 97 Stat. 1240.

The Secretary shall transfer all assets acquired and liabilities incurred pursuant to section 313 of the Federal National Mortgage Association Charter Act, as amended (12 U.S.C. 1723e), to the management and liquidating functions fund established pursuant to section 306 of such Act (12 U.S.C. 1721): Provided, That on October 1, 1984, each outstanding obligation issued by the Secretary of the Housing and Urban Development to the Secretary of the Treasury pursuant to section 313(c) of such Act, together with any promise to repay the principal and unpaid interest which has accrued on each obligation, and any other term or condition specified by each such obligation, is canceled. SOLAR ENERGY AND ENERGY CONSERVATION BANK ASSISTANCE FOR SOLAR AND CONSERVATION IMPROVEMENTS

12 USC 3601 note.

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), $15,000,000, to remain available until September 30, 1986. COMMUNITY PLANNING AND DEVELOPMENT COMMUNITY DEVELOPMENT GRANTS

42 USC 5308.

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), $3,472,000,000, to remain available until September 30, 1987: Provided, That not to exceed 20 per centum of any grant made with funds appropriated herein shall be expended for Planning and Management Development" and "Administration" as defined in regulations promulgated by the Department of Housing and Urban Development. During 1985, total commitments to guarantee loans, as authorized by section 108 of the aforementioned Act, shall not exceed $225,000,000 of contingent liability for loan principal.