Page:United States Statutes at Large Volume 110 Part 1.djvu/67

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PUBLIC LAW 104-99 -^AN. 26, 1996 110 STAT. 43 (vi) in section 24(e)— (I) by striking "(e) EXCEPTIONS" and all that follows through "The Secretary may" and inserting the following: "(e) EXCEPTION TO GENERAL PROGRAM REQUIREMENTS.—The Secretary may"; and (II) by striking paragraph (2). (B) CRANSTON-GONZALEZ NATIONAL AFFORDABLE HOUS- ING ACT.— Section 522(f)(6)(B) of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12704 et seq.) is amended by striking "any preferences for such assistance under section 8(d)(l)(A)(i)" and inserting "the written system of preferences for selection established pursuant to section 8(d)(1)(A)". (C) HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1992. —Section 655 of the Housing and Community Development Act of 1992 (42 U.S.C. 13615) is amended by striking "the preferences" and all that follows up to the period at the end and inserting "any preferences". (D) REFERENCES IN OTHER LAW. — Any reference in any Federal law other than any provision of any law amended by paragraphs (1) through (5) of this subsection to the preferences for assistance under section 6(c)(4)(A)(i), 8(d)(l)(A)(i), or 8(o)(3)(B) of the United States Housing Act of 1937 (as such sections existed on the day before the date of enactment of this Act) shall be considered to refer to the written system of preferences for selection established pursuant to section 6(c)(4)(A), 8(d)(1)(A), or 8(o)(3)(B), respectively, of the United States Housing Act of 1937, as amended by this section. (e) APPLICABILITY.— In accordance with section 201(b)(2) of the United States Housing Act of 1937, the amendments made by subsections (a), (b), (c), (d), and (f) of this section shall also apply to public housing developed or operated pursuant to a contract between the Secretary of Housing and Urban Development and an Indian housing authority. (f) This section shall be effective upon the enactment of this Act and only for fiscal year 1996. 42 USC 1437v. 42 USC 1437f note. 42 USC 1437d note. 42 USC 1437aa note. Effective date. 42 USC 1437a note. SECTION 8 FAIR MARKET RENTALS, ADMINISTRATIVE FEES, AND DELAY IN REISSUANCE SEC. 403. (a) FAIR MARICET RENTALS.— The Secretary shall Effective date establish fair market rentals for purposes of section 8(c)(1) of the United States Housing Act of 1937, as amended, that shall be effective for fiscal year 1996 and shall be based on the 40th percentile rent of rental distributions of standard quality rental housing units. In establishing such fair market rentals, the Secretary shall consider only the rents for dwelling units occupied by recent movers and may not consider the rents for public housing dwelling units or newly constructed rental dwelling units. (b) ADMINISTRATIVE FEES.— Notwithstanding sections 8(q)(1) and (4) of the United States Housing Act of 1937, for fiscal year 1996, the fee for each month for which a dwelling unit is covered by an assistance contract under the certificate, voucher, or moderate rehabilitation program under section 8 of such Act shall be equal to the monthly fee payable for fiscal year 1995: Provided, That Applicability. 42 USC 1437f note.