112 STAT. 2550 PUBLIC LAW 105-276—OCT. 21, 1998 "(ii) for the purpose of providing or arranging for the provision of supportive or social services. "(2) USE OF AND TREATMENT INCOME.—Any income generated under paragraph (1)— "(A) shall be used for low-income housing or to benefit the residents assisted by the public housing agency; and "(B) shall not result in any decrease in any amount provided to the public housing agency under this title, except as otherwise provided under the formulas established under section 9(d)(2) and 9(e)(2). "(3) AUDITS.— The Comptroller General of the United States, the Secretary, or the Inspector General of the Department of Housing and Urban Development may conduct an audit of any activity undertaken under paragraph (1) at any time.". SEC. 516. PUBLIC HOUSING AGENCY MORTGAGES AND SECURITY INTERESTS. Title I of the United States Housing Act of 1937 (42 U.S.C. 1437 et seq.) is amended by adding at the end the following: 42 USC 1437Z-2. "SEC. 30. PUBLIC HOUSING MORTGAGES AND SECURITY INTERESTS. "(a) GENERAL AUTHORIZATION.— The Secretary may, upon such terms and conditions as the Secretary may prescribe, authorize a public housing agency to mortgage or otherwise grant a security interest in any public housing project or other property of the public housing agency. "(b) TERMS AND CONDITIONS. —In making any authorization under subsection (a), the Secretary may consider— "(1) the ability of the public housing agency to use the proceeds of the mortgage or security interest for low-income housing uses; "(2) the ability of the public housing agency to make pay- ments on the mortgage or security interest; and "(3) such other criteria as the Secretary may specify. "(c) No FEDERAL LIABILITY.—No action taken under this section shall result in any liability to the Federal Government.". 42 USC 1437 SEC. 517. MENTAL HEALTH ACTION PLAN. The Secretary of Housing and Urban Development, in consultation with the Secretary of Health and Human Services, the Secretary of Labor, and appropriate State and local officials and representatives, shall— (1) develop an action plan and list of recommendations for the improvement of means of providing severe mental illness treatment to families and individuals receiving housing assistance under the United States Housing Act of 1937, including public housing residents, residents of multifamily housing assisted with project-based assistance under section 8 of such Act, and recipients of tenant-based assistance under such section; and (2) develop and disseminate a list of current practices among public housing agencies and owners of assisted housing that serve to benefit persons in need of mental health care.".