PUBLIC LAW 100-242—FEB. 5, 1988 '
101 STAT. 1849
family to save funds during the remediation and transition phases. (5) EFFECT OF INCREASES IN FAMILY INCOME.—
(A) Any increase in the earned income of a family during participation in the demonstration program under this section may not be considered as income or a resource for the purpose of denying the eligibility of, or reducing the amount of benefits payable to, the family under any other Federal law, unless the income of the family increases at any time to not less than 50 percent of the median income of the area (as determined by the Secretary with adjustments for smaller and larger families). (B) If at any time during the participation of a family in the demonstration program the income of the family increases to not less than 80 percent of the median income of the area (as determined by the Secretary with adjustments for smaller and larger families), the participation of the family in the demonstration program shall terminate.
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(6) COMPLETION OF TRANSITION.—Each family participating in
the demonstration program shall be required to complete the transition out of public housing during a period of not more than 7 years. The public housing agency shall extend the period for any family that requests an extension for good cause. (d) REPORTS TO CONGRESS.— (1) INTERIM REPORT.—Not
later than 2 years after the date of the enactment of this Act, the Secretary shall submit to the Congress an interim report evaluating the effectiveness of the demonstration program under this section. (2) FINAL REPORT.—Not later than 60 days after the termination of the demonstration program under subsection (f), the Secretary shall submit to the Congress a final report evaluating the effectiveness of the demonstration program under this "" section. (e) REGULATIONS.—The Secretary shall issue such regulations as may be necessary to carry out this section. (f) TERMINATION OF DEMONSTRATION PROGRAM.—The demonstration program under this section shall terminate upon the expiration of the 7-year period beginning on the date of the enactment of this Act.
PART 3—SECTION 8 ASSISTANCE AND OTHER PROGRAMS SEC. 141. SECTION 8 CONTRACTS FOR EXISTING DWELLING UNITS
Section 8(b)(1) of the United States Housing Act of 1937 is 42 USC l437f. amended by inserting after the first sentence the following new sentence: "The Secretary shall enter into a separate annual contributions contract with each public housing agency to obligate the authority approved each year, beginning with the authority approved in appropriations Acts for fiscal year 1988 (other than amendment authority to increase assistance payments being made using authority approved prior to the appropriations Acts for fiscal year 1988), and such annual contributions contract (other than for annual contributions under subsection (o)) shall bind the Secretary to make such authority, and any amendments increasing such
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