Page:United States Statutes at Large Volume 106 Part 2.djvu/248

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


106 STAT. 1128 PUBLIC LAW 102-368—SEPT. 23, 1992 advances, including amendments to contracts for capital advances, and for project rental assistance, and amendments to contracts for project rental assistance, for housing for the elderly as authorized by section 202 of the Housing Act of 1959, as amended, and for housing for persons with disabilities, as authorized by section 811 of the Cranston-Gonzalez National Affordable Housing Act (Public Law 101-625), shall be merged. ASSISTANCE FOR THE RENEWAL OF EXPIRING SECTION 8 SUBSIDY CONTRACTS (TRANSFER OF FUNDS) For an additional amount of up to $407,000,000, to remain available until expended, and to be derived by transfer from the unreserved amounts in "Annual contributions for assisted housing^: Provided, That the amount earmarked for amendments to section 8 contracts other than contracts for projects developed under section 202 of the Housing Act of 1959, as amended, shall be reduced accordingly. PAYMENTS FOR OPERATION OF LOW-INCOME HOUSING PROJECTS (INCLUDING RESCISSION OF FUNDS) Of the amount made available under this heading in Public Law 102-139, $250,000,000 is rescinded: Provided, That the $294,156,000 under this heading in the aforementioned Act which is not available until September 20, 1992, shall be reduced by $250,000,000 to $44,156,000. For an additional amount for "Pa3mnients for operation of lowincome housing projects", $250,000,000, to remain available until September 30, 1993: Provided, That these funds shall be available for obligation without regard to section 9(d) of the United States Housing Act of 1937, as amended: Provided further, That these funds shall not become available for obligation until September 20, 1992. GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GUARANTEES OF MORTGAGE-BACKED SECURITIES LOAN GUARANTEE ACCOUNT During fiscal year 1992, new commitments to issue guarantees to carry out the purposes of section 306 of the National Housing Act, as amended (12 U.S.C. 1721(g)), shall be increased by $25,000,000,000 and shall not exceed $99,769,293,000. COMMUNITY PLANNING AND DEVELOPMENT COMMUNITY DEVELOPMENT GRANTS The $140,000,000 under this heading in Public Law 102-139 for commitments to guarantee loans shall be increased by $85,000,000 to $225,000,000.