PUBLIC LAW 94-116—OCT. 17, 1975
89 STAT. 581
Public Law 94-116 94th Congress An Act Making appropriations for the Department of Housing and Urban Development, and for sundry independent executive agencies, boards, bureaus, commissions, corporations, and offices for the fiscal year ending June 30, 1976, and the period ending September 30, 1976, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the following sums are appropriated, out of any money in the Treasury not otherwise appropriated, for the Department of Housing and Urban Development, and for sundry independent executive agencies, boards, bureaus, commissions, corporations, and offices for the fiscal year ending June 30, 1976, the period ending September 30, 1976, and for other purposes, namely: TITLE I
Oct. 17. 1975 [H.R. 8070]
Department of Housing and Urban Development— Independent Agencies Appropriation Act, 1976.
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT HOUSING
PROGRAMS
EMERGENCY HOMEOWNERS' RELIEF F U N D
For emergency mortgage relief payments and for other expenses of the Emergency Homeowners' Relief Fund, as authorized by title I of the Emergency Housing Act of 1975 (Public Law 94-50), $35,000,000, to remain available until September 30, 1976.
Ante, p. 249. 12 USC 2701.
STATE HOUSING F I N A N C E AND DEVELOPMENT AGENCIES
For interest grant payments pursuant to section 802(c)(2) of the Housing and Community Development Act of 1974 (88 Stat. 722), 42 USC 1440. $15,000,000, to remain available until September 30, 1976: Provided, that the total of contracts for annual payments entered into under such section shall not exceed $15,000,000: Provided further, That the total new budget authority obligated under such contracts entered into after June 30, 1975, shall not exceed $600,000,000. A N N U A L CONTRIBUTIONS FOR ASSISTED HOUSING
The additional amount of contracts for annual contributions, not otherwise provided for, as authorized by section 5 of the United States Housing Act of 1937, as amended (42 U.S.C. 1437c), entered into after June 30, 1975, shall not exceed $662,300,000, which amount shall be in addition to balances of authorization heretofore made available for such contracts: Provided, That the total new budget authority obligated under such contracts entered into after June 30, 1975, shall not exceed $17,000,000,000, which amount shall not include budget authority obligated under balances of authorization heretofore made available: Provided further, That at least $50,000,000 of the new contract authority herein made available shall be used only for contracts for annual contributions to assist in financing the development or acquisition of low-income housing projects to be owned by public
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