Page:United States Statutes at Large Volume 106 Part 2.djvu/699

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PUBLIC LAW 102-389—CKrr. 6, 1992 106 STAT. 1579 TITLE II DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT HOUSING PROGRAMS HOMEOWNERSHIP AND OPPORTUNITY FOR PEOPLE EVERYWHERE GRANTS (HOPE GRANTS) For the HOPE for Public and Indian Housing Homeownership Program as authorized under title III of the United States Housing Act of 1937 (42 U.S.C. 1437aaa et seq.) and subtitle A of title IV of the Cranston-Gronzalez National Affordable Housing Act (Public Law 101-625), $161,000,000; for the HOPE for Homeownership of Multifamily Units Program as authorized under subtitle B of title IV of the Cranston-Gronzalez National Affordable Housing Act (Public Law 101-625), $95,000,000; for the HOPE for Homeownership of Single Family Homes Program as authorized under subtitle C of title rv of the Cranston-Gonzalez National Affordable Housing Act, $95,000,000; and for the HOPE for Elderly Independence demonstration program as authorized under section 803(k) of the Cranston-Gonzalez National Affordable Housing Act, $10,000,000: Provided, That all amounts shall remain available until expended. ()f the amounts provided under this heading for the HOPE for Homeownership of Multifamily Units Program, $10,000,000 shall be available for assistance to mutual housing associations, to the extent that such associations submit approvable grant applications under such program. Furthermore, $300,000,000 shall be for grants to carry out 42 USC 1437/ an urban revitalization demonstration program involving major reconstruction of severely distressed or obsolete public nousing projects, to be administered by local public housing agencies: Provided, That such funding shall be made available to up to 15 cities selected from either the 40 most populous United States cities or, from any city whose housing authority was considered to have been on the Department's troubled housing authorities list as of March 31, 1992: Provided further. That no more than $50,000,000 shall be provided to each participating municipality: Provided further. That no more than 500 units snail be ninded for each participating city and such units shall be located in up to 3 separately defined areas containing the community's most severely distressed projects, including family high-rise projects: Provided further. That at least 80 per centum of the funding provided to each participating public housing agency shall be used for the capital costs of major reconstruction, renabilitation and other physical improvements, for the capital costs of replacement units and for certificates under section 8(b) used for replacement and for management improvements for the reconstructed project and for planning and technical assistance purposes and not more than 20 per centum shall be used for community service programs (as defined by the Commission on National and Community Service) and for supportive services, including, but not limited to, literacy training, job training, day care, youth activities, administrative expenses, and the permissive and mandatory services authorized under the Gateway Program established in the Family Support Centers demonstration program, provided for in 42 U.S.C. 11485e-f: Provided further. That each participating city shall make contributions for supportive services in an amount equal to 15 note.