Page:United States Statutes at Large Volume 101 Part 2.djvu/534

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

101 STAT. 1329-191
PUBLIC LAW 100-000—MMMM. DD, 1987
101 STAT. 1329-191

101 STAT. 1329-191

PUBLIC LAW 100-202—DEC. 22, 1987

sisted, but not insured, under the National Housing Act may be made if the project owner and the mortgagee have provided or agreed to provide assistance to the project in a manner as determined by the Secretary of Housing and Urban Development. EMERGENCY SHELTER GRANTS PROGRAM

For the emergency shelter grants program, as authorized under subtitle B of title IV of the Stewart B. McKinney Homeless Assistance Act (Public Law 100-77, 101 Stat. 482, 495), $8,000,000, to remain available until expended. »!-.•«» TRANSITIONAL AND SUPPORTIVE HOUSING DEMONSTRATION PROGRAM (INCLUDING TRANSFER OF FUNDS)

42 USC 11313 note.

For the transitional and supportive housing demonstration program, as authorized under subtitle C of title IV of the Stewart B. McKinney Homeless Assistance Act (Public Law 100-77, 101 Stat. 482, 498), $65,000,000 to remain available until expended: Provided, That of the foregoing amount, $750,000 shall be transferred to the Interagency Council on the Homeless for operations under title II of such Act (Public Law 100-77, 101 Stat. 482, 486): Provided further. That the provision in section 203(a)(4) of such Act that relates to employment of personnel in the regions shall not be implemented. FEDERAL HOUSING ADMINISTRATION FUND

Loans.

12 USC 1715Z-12.

For payment to cover losses, not otherwise provided for, sustained by the Special Risk Insurance Fund and General Insurance Fund as authorized by the National Housing Act, as amended (12 U.S.C. 1715Z-305) and 1735c(f)), $162,866,000, to remain available until expended. During fiscal year 1988, within the resources available, gross obligations for direct loans are authorized in such amounts as may be necessary to carry out the purposes of the National Housing Act, as amended. During fiscal year 1988, additional commitments to guarantee loans to carry out the purposes of the National Housing Act, as amended, shall not exceed a loan principal of $96,000,000,000. During fiscal year 1988, gross obligations for direct loans of not to exceed $79,272,000 are authorized for payments under section 230(a) of the National Housing Act, as amended, from the insurance fund chargeable for benefits on the mortgage covering the property to which the payments made relate, and payments in connection with such obligations are hereby approved. Section 247(c)(l) of the National Housing Act is amended by inserting before the period at the end the following: "(or, in the case of an individual who succeeds a spouse or parent in an interest in a lease of Hawaiian homelands, such lower percentage as may be established for such succession under section 209 of the Hawaiian Homes (Commission Act, 1920, or under the corresponding provision of the constitution of the State of Hawaii adopted under section 4 of the Act entitled 'An Act to provide for the admission of the State of Hawaii into the Union', approved March 18, 1959 (73 Stat. 5))". Section 247 of the National Housing Act is further amended— (1) by redesignating subsection (c) as subsection (d); and