PUBLIC LAW 100-242—FEB. 5, 1988
101 STAT. 1939
so long as such families occupy properties in the Park Central New Community Project or in adjacent areas that are recognized by the unit of general local government in which such Project is located as being included within the Park Central New Town In Town Project. If a lower income family receiving assistance payments pursuant to this subsection ceases to qualify for assistance payments pursuant to the provisions of section 8 of such Act or of this subsection during the 180-month term of the annual contributions contract, assistance payments shall be made on behalf of another lower income family who occupies a unit identified in the previous sentence.". (b) COMMUNITY DEVELOPMENT ASSISTANCE.—Section 107(a) of the Housing and Community Development Act of 1974 is amended by 42 USC 5307. adding at the end the following new sentence: "Of the amount set aside for grants under subsection (b) for fiscal year 1988, $5,000,000 shall be made available by the Secretary for purposes of grants under subsection ODXD for the Park Central New Community Project.". SEC. 523. COMMUNITY DEVELOPMENT PROJECTS LABOR STANDARDS.
Section 110 of the Housing and Community Development Act of 1974 is amended by striking 'is designed for residential use of eight 42 USC 5310. or more families and insert "contains not less than 8 units". SEC. 524. URBAN PLANNING.
Section 702 of the Housing Act of 1954 is amended— 40 USC 462. (1) by striking subsections (c) and (h); and (2) by striking subsection (g) and inserting the following: ii i^ "(g) Effective upon the date of the enactment of the Housing and Community Development Act of 1987, and in accordance with such accounting and other procedures as the Secretary may prescribe, each advance made by the Secretary under this section that has any principal amount outstanding shall be forgiven. The terms and Contracts. conditions of any contract, or any amendment to a contract, for such advance with respect to any promise to repay the advance shall be canceled.". SEC. 525. COMMUNITY DEVELOPMENT TECHNICAL AMENDMENTS.
Section 123(e)(3) of the Housing and Urban-Rural Recovery Act of 1983 is amended by striking "Act and inserting "section". 42 USC 5318 note.
Subtitle B—Flood and Crime Insurance Programs SEC. 541. EXTENSION OF FLOOD INSURANCE PROGRAM.
(a) GENERAL AUTHORITY.—Section 1319 of the National Flood Insurance Act of 1968 is amended by striking "March 15, 1988" and 42 USC 4026. inserting "September 30, 1989". (b) EMERGENCY IMPLEMENTATION.—Section 1336(a) of the National Flood Insurance Act of 1968 is amended by striking "March 15, 42 USC 4056. 1988" and inserting "September 30, 1989". (c) ESTABLISHMENT OF FLOOD-RISK ZONES.—Section 1360(a)(2) of the
National Flood Insurance Act of 1968 is amended by striking 42 USC 4101. "March 15, 1988" and inserting "September 30, 1989". (d) LIMITATION ON PREMIUMS.—The premium rates charged for 42 USC 4015 flood insurance under any program established pursuant to the "ote. National Flood Insurance Act of 1968 may not be increased during
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