Sec. 4. Rural Multifamily Preservation and Revitalization Demonstration Program
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There is authorized to be appropriated for carrying out the Multifamily Preservation and Revitalization Demonstration program of the Rural Housing Service (as authorized under sections 514, 515, and 516 of the Housing Act of 1949 ( 42 U.S.C. 1484 ; 1485; 1486)) $1,000,000,000 and any amounts appropriated pursuant to this section shall remain available until expended. Not less than 10 percent of all amounts made available pursuant to this section shall be used only for activities relating to water and energy efficiency and, at the Secretary’s discretion, other strategies to enhance the environmental sustainability of housing production and design.
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Sec. 4
Rural Multifamily Preservation and Revitalization Demonstration Program
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