Page:United States Statutes at Large Volume 106 Part 5.djvu/125

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PUBLIC LAW 102-550—OCT. 28, 1992 106 STAT. 3763 $638,252,784 for fiscal year 1993 and $665,059,401 for fiscal year 1994. "(b) GRANTS. —Subject to approval in appropriation Acts, not more than $50,000,000 of the amounts made available under subsection (a) for fiscal year 1993, and not more than $50,000,000 of the amounts made available under subsection (a) for fiscal year 1994, shall be available for grants under section 221(d)(2).. SEC. 302. GUIDELINES FOR APPRAISALS OF PRESERVATION VALUE. The first sentence of section 213(c) of the Housing and Community Development Act of 1987 (12 U.S.C. 4103(c)) is amended by inserting before "and costs" the following: "simultaneous termination of any Federal rental assistance,". SEC. 303. SECOND NOTICE OF INTENT. Section 216(d) of the Housing and Community Development Act of 1987 (12 U.S.C. 4106(d)) is amended by adding at the end the following new paragraph: "(3) FILING WITH THE STATE OR LOCAL GOVERNMENT, TEN- ANTS, AND MORTGAGEE. —Upon filing a second notice of intent under this subsection, the owner shall simultaneously file such notice of the intent with the chief executive officer of the appropriate State or local government for the jurisdiction within which the housing is located and with the mortgagee, and shall inform the tenants of the housing of the filing.". SEC. 304. PLAN OF ACTION. (a) SUPPORTING DOCUMENTATION REGARDING PLAN OF ACTION. —Section 217(a)(2) of the Housing and Community Development Act of 1987 (12 U.S.C. 4107(a)(2)) is amended by inserting after the second sentence the following new sentence: "Each owner and the Secretary shall also, upon request, make available to the tenants of the housing and to the office of the chief executive officer of the appropriate State or local government for the jurisdiction within which the housing is located all docimientation supporting the plan of action, but not including any information that the Secretary determines is proprietary information.". (b) SUPPORTING DOCUMENTATION REGARDING REVISIONS. —Section 217(c) of the Housing and Community Development Act of 1987 (12 U.S.C. 4107(c)) is amended in the second sentence by inserting before the period the following: "and make available to the Secretary and tenants all documentation supporting any revision, but not including any information that the Secretary determines is proprietary information". SEC. 305. APPROVAL OF PLAN OF ACTION. Section 218 of the Housing and Community Development Act of 1987 (12 U.S.C. 4108) is amended— (1) by redesignating subsection (b) as subsection (c); and (2) by inserting after subsection (a) the following new subsection: "(b) STANDARDS AND PROCEDURE FOR WRITTEN FINDINGS. — "(1) STANDARDS. —A written finding under subsection (a) shall be based on an analysis of the evidence considered by the Secretary in reaching such finding and shall contain documentation of such evidence. "(2) PROCEDURE AND CRITERIA.— The Secretary shall, by Regiliations. regulation, develop (A) a procedure for determining whether