Page:United States Statutes at Large Volume 89.djvu/714

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PUBLIC LAW 94-000—MMMM. DD, 1975

89 STAT. 654 42 USC 1490a.

42 USC 1487.

PUBLIC LAW 94-122—OCT. 21, 1975 as amended (42 U.S.C. 1483, 1487e, and 1490a(c)), including $86,042,000 as authorized by section 521(c) of the Act, $122,000,000, and such amounts as may be necessary to carry out a rental assistance program under section 521(a)(2) of the Housing Act of 1949, as amended. For "Rural Housing Insurance Fund" for the period July 1, 1976, through September 30, 1976, for direct loans pursuant to section 517 (m) of the Housing Act of 1949, as amended, $5,000,000 shall be available from funds in the rural housing insurance fund and for insured loans as authorized by title V of the Housing Act of 1949, as amended, $674,250,000 of which not less than $417,500,000 shall be available for subsidized interest loans to low-income borrowers as determined by the Secretary and such amounts as may be necessary to reimburse the fund to carry out a rental assistance program under section 521(a)(2) of the Housing Act of 1949, as amended. AGRICULTURAL CREDIT INSURANCE F U N D

For an additional amount to reimburse the agricultural credit insurance fund for losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of the Consolidated Farm and Eural Development Act, as amended (7 U.S.C. 1988(a)), $169,214,000. Loans may be insured, or made to be sold and insured, under this Fund in accordance with and subject to the provisions of 7 U.S.C. 1928-1929, as follows: real estate loans, $520,000,000, including not less than $450,000,000 for farm ownership loans; and not less than $54,000,000 for water development, use, and conservation loans; operating loans, $625,000,000; and emergency loans in amounts necessary to meet the needs resulting from natural disasters. For "Agricultural Credit Insurance Fund" for the period July 1, 1976, through September 30, 1976, loans may be insured or made to be sold and insured, under this fund in accordance with and subject to the provisions of 7 U.S.C. 1928-1929, as follows: real estate loans, $130,500,000, including not less than $112,500,000 for farm ownership loans; and not less than $13,500,000 for water development, use, and conservation loans; operating loans, $156,250,000; and emergency loans in amounts necessary to meet the needs resulting from natural disasters. RURAL WATER AND WASTE DISPOSAL GRANTS

For grants pursuant to sections 306(a)(2) and 306(a)(6) of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 1926), $100,000,000 to remain available until expended, pursuant to section 306(d) of the above Act. For "Rural Water and Waste Disposal Grants" for the period July 1, 1976, through September 30, 1976, $37,500,000 to remain available until expended. RURAL HOUSING FOR DOMESTIC FARM LABOR

For financial assistance to public nonprofit organizations for housing for domestic farm labor, pursuant to section 516 of the Housing Act of 1949, as amended (42 U.S.C. 1486), $7,500,000. For "Rural Housing for Domestic Farm Labor" pursuant to section 516 of the Housing Act of 1949, as amended (42 U.S.C. 1486) for the period July 1, 1976, through September 30, 1976, $1,875,000.