87 STAT. ]
PUBLIC LAW 93-29-MAY 3, 1973
(15 F.R. 3176; 64 Stat. 1267), and section 2 of the Act of June 13, 1934, as amended (40 U.S.C. 276c). "(b) In making grants or contracts under this part, the Commissioner shall— "(1) give preference to the acquisition of multipurpose senior centers in areas where there is being developed a comprehensive and coordinated system under title III of this Act; and "(2) consult with the Secretary of Housing and Urban Development with respect to the technical adequacy of any proposed alteration or renovation. uPAYMENTS
"SEC. 503. Upon approval of any application for a grant or contract under this part, the Commissioner shall reserve, from any appropriation available therefor, the amount of such grant or contract. The amount so reserved may be paid in advance or by way of reimbursement, and in such installments consistent with progress in alteration or renovation, as the Commissioner may determine. The Commissioner's reservation of any amount under this section may be amended by him, either upon approval of an amendment of the application or upon revision of the estimated cost of altering or renovating the facility. "RECAPTURE or PAYMENTS
"SEC. 504. If, within ten years after purchase of any facility for which funds have been paid under this part— " (a) the owner of the facility ceases to be a public or nonprofit private agency or organization, or " (b) the facility ceases to be used for the purposes for which it was purchased (unless the Commissioner determines, in accordance with regulations, that there is good cause for releasing the applicant or other owner from the obligation to do so), the United States shall be entitled to recover from the applicant or other owner of the facility an amount which bears to the then value of the facility (or so much thereof as constituted an approved project or projects) the same ratio as the amount of such Federal funds bore to the cost of the facility financed with the aid of such funds. Such value shall be determined by agreement of the parties or by action brought in the United States district court for the district in which such facility is situated. a AUTHORIZATION OF APPROPRIATIONS
"SEC. 505. (a) There are authorized to be appropriated for the purpose of making grants or contracts under section 501, such sums as may be necessary for the fiscal year ending June 30, 1973, the fiscal year ending June 30, 1974, and the fiscal year ending June 30, 1975. "(b) Sums appropriated for any fiscal year under subsection (a) of this section and remaining unobligated at the end of such year shall remain available for such purpose for the next fiscal year. " M O R T G A G E INSURANCE FOR MULTIPURPOSE SENIOR CENTERS
"SEC. 506. (a) I t is the purpose of this section to assist and encourage the provision of urgently needed facilities for programs for the elderly.
51 63 Stat. 108.
^"'e, p. 36.
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