123STA T .96 6 PUBLIC LA W 111 –8—M A R .11 , 2 0 09 620shal l bemodif ied as n e c essa ryt o ens u re such a final fiscal year 200 9 a p propriation
- Provide
d fu r th er ,T hat for the dispute resolution and installation pro g rams, the S ecretary of H ousing and U rban D e v elopment may assess and collect fees from any program participant: Provided further, That such collections shall be depos - ited into the F und, and the Secretary, as provided herein, may use such collections, as w ell as fees collected under section 620, for necessary e x penses of such A ct: Provided further, That notwith- standing the re q uirements of section 620 of such Act, the Secretary may carry out responsibilities of the Secretary under such Act through the use of approved service providers that are paid directly by the recipients of their services . F ED E RAL H OUSING AD M INIS T RATION MUTUAL MORTGAGE INSURAN C E P ROGRAM ACCOUNT ( INCLUDING TRANS F ERS OF FUNDS ) During fiscal year 2009, commitments to guarantee single family loans insured under the M utual Mortgage I nsurance Fund shall not exceed a loan principal of $315 ,000,000,000. During fiscal year 2009, obligations to ma k e direct loans to carry out the purposes of section 20 4( g ) of the N ational Housing Act, as amended, shall not exceed $50,000,000: Provided , That the foregoing amount shall be for loans to nonprofit and governmental entities in connection with sales of single family real properties owned by the Secretary and formerly insured under the Mutual Mortgage Insurance Fund. For administrative contract expenses, $116,000,000, of which at least $46, 7 94,000 shall, and up to $5 8 ,492,500 may, be transferred to the W orking C apital Fund, and of which up to $7,500,000 shall be for education and outreach of FHA single family loan products: Provided further, That to the extent guaranteed loan commitments exceed $65,500,000,000 on or before April 1, 2009, an additional $1,400 for administrative contract expenses shall be available for each $1,000,000 in additional guaranteed loan commitments (including a pro rata amount for any amount below $1,000,000), but in no case shall funds made available by this proviso exceed $30,000,000. GENERAL AND SPECIAL RIS K PROGRAM ACCOUNT For the cost of guaranteed loans, as authori z ed by sections 238 and 519 of the National Housing Act (12 U.S.C. 1715z – 3 and 1735c), including the cost of loan guarantee modifications, as that term is defined in section 502 of the Congressional B udget Act of 1974, as amended, $8,600,000, to remain available until expended: Provided, That commitments to guarantee loans shall not exceed $45,000,000,000 in total loan principal, any part of which is to be guaranteed. G ross obligations for the principal amount of direct loans, as authorized by sections 204(g), 207(l), 238, and 519(a) of the National Housing Act, shall not exceed $50,000,000, of which not to exceed $30,000,000 shall be for bridge financing in connection with the sale of multifamily real properties owned by the Secretary and formerly insured under such Act
and of which not to exceed $20,000,000 shall be for loans to non- profit and governmental entities in connection with the sale of single-family real properties owned by the Secretary and formerly
