Page:United States Statutes at Large Volume 106 Part 5.djvu/197

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PUBLIC LAW 102-550—OCT. 28, 1992 106 STAT. 3835 and the community land trust that limits the sale price or appreciation of the dwelling.". SEC. 703. MAXIMUM INCOME OF BORROWERS UNDER GUARANTEED LOANS. Section 502(h)(2) of the Housing Act of 1949 (42 U.S.C. 1472(h)(2)) is amended by inserting **115 percent oP after "exceed". SEC. 704. REMOTE RURAL AREAS. Section 502(0 of the Housing Act of 1949 (42 U.S.C. 1472(f)) is amended— (1) in paragraph (1), by inserting "or on tribal allotted or Indian trust land" after "area"; and (2) in paragraph (2), by inserting "or on tribal allotted or Indian trust land" before the period. SEC. 706. DESIGNATION OF UNDERSERVED AREAS AND RESERVATION OF ASSISTANCE. (a) REAUTHORIZATION OF DESIGNATION. —Section 509(0 of the Housing Act of 1949 (42 U.S.C. 1479(0) is amended— (1) in paragraph (1), by striking "in each of fiscal years 1991 and 1992" ana inserting "in each fiscal year"; (2) in paragraph (2), by inserting at the end the following new flush sentence: "In designating underserved areas under paragraph (1), in each fiscal year the Secretary shall designate not less than 5 counties or communities that contain tribal allotted or Indian trust land. "; and (3) in paragraph (4), by striking "an amount equal to 3.5 percent in fiscal year 1991 and 5.0 percent in fiscal year 1992" and inserting "an amoiuit equal to 5.0 percent in fiscal years 1993 and 1994". (b) DEFINITION OF COLONIAS. —Section 509(0(8) of the Housing Act of 1949 (42 U.S.C. 1479(0(8)) is amended— (1) by strikin|r subparagraph (C); (2) by redesignating subparagraph (D) as subparagraph (C); and (3) by striking subparagraph (E) and inserting the following new subparagraph: "(D) was in existence as a colonia before the date of the enactment of the Cranston-Cjonzalez National Affordable Housing Act.". (c) COLONIAS REFINEMENTS. —Section 509(f)(4)(B)(ii) of the Housing Act of 1949 (42 U.S.C. 1479(0(4)(B)(ii)) is amended by inserting before "a colonia", the following ", or in close proximity to, and serving the residents of,". SEC. 706. RURAL HOUSING VOUCHER PROGRAM. Title V of the Housing Act of 1949 (42 U.S.C. 501 et seq.) is amended— (1) in the last sentence of section 533(a) (42 U.S.C. 1490m(a)), by inserting after "1937" the following: "or section 542 of this title"; and (2) by adding at the end the following new section: •SEC. 542. RURAL HOUSING VOUCHER PROGRAM. 42 USC 1490r. "(a) IN GENERAL. —To such extent or in such amounts as are approved in appropriation Acts, the Secretary shall carry out a