Page:United States Statutes at Large Volume 106 Part 5.djvu/132

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106 STAT. 3770 PUBLIC LAW 102-550 —OCT. 28, 1992 Income Housing Preservation Act of 1987 shall comply with section 212(b), section 217(a)(2), and section 217(c) of the Low-Income Housing Preservation and Resident Homeownership Act of 1990.**. (b) CHANGES TO PROVISIONS OF 1987 ACT. — Section 604(c) of the Cranston-Cjonzalez National Affordable Housing Act (12 U.S.C. 4101 note) is amended by adding at the end the following new sentence: '^ith respect to housing for which such an election is made— (1) in making incentives under section 224 of such Act available to such housing, the Secretary— "(A) shall, for approvable plans of action, provide assistance sufficient to enable a nonprofit organization that has purchased or will purchase an eligible low income housing project to meet project oversight costs; and "(B) may not refuse to offer incentives referred to in such section to any owner who filed a notice of intent under section 222 of such Act before October 15, 1991, based solely on the date of filing of the plan of action for the housing; and "(2) the provisions of section 233(l)(A)(i) of such Act shall not apply, and the term 'eligible low income housing* shall, for purposes of such Act, shall include housing financed by a loan or mortgage that is insured or held by the Secretary or a State or State agency under section 221(d)(3) of the National Housing Act and receiving loan management assistance under section 8 of the United States Housing Act of 1937 due to a conversion from section 101 of the Housing and Urban Development Act of 1965.**. 12 USC 4101 SEC. 314. CONDITIONS OF ASSISTANCE. j ^°^' (a) EUHPA OF 1987.— The Secretary may not require, as a condition of eligibility for or receipt of technical assistance made available under the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1992 (Public Law 102-139) (including any phase of a grant), that an applicant participate in a training program sponsored or conducted by the Department of Housing and Urban Development for acquisition of eligible low income housing under the provisions of the Emergency Low Income Housing Preservation Act of 1987, and may not provide any preference or priority for such assistance for any applicant based on participation in such a program. (b) LiHPRHA OF 1990. —The Secretary may require, as a condition of eligibility for or receipt of technical assistance made available under the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1992 (Public Law 102-139) (including any phase of^ a grant), that an applicant participate in a training program sponsored or conducted by the Department of Housing and Urban Development for acquisition of eligible low-income housing under this title, and may provide preference or priority for such assistence for applicante based on participation in such a program, but only if the program is made available on a nationwide basis not later than March 1, 1993. Regulations. SEC. 315. DELEGATED RESPONSIBILITY TO STATE AGENCIES. 12 USC 4117 note. The Secretary of Housing and Urban Development shall issue interim regulations implementing section 227 of the Housing and Community Development Act of 1987 (as amended by section 601(a) of the Cranston-Gonzalez National Affordable Housing Act) not