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Code · STATUTE-COMPILATIONS · Compilation 10349 · Sec. 513

Sec. 513. program levels and authorizations

776 words·~4 min read·/statute-compilations/comps-10349/sec-513

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## Sec. 513 program levels and authorizations **[**[42 U.S.C. 1483](/us/usc/t42/s1483)**]** ###
(a)In General ####
(1)The Secretary may, to the extent approved in appropriation Acts, insure and guarantee loans under this title during fiscal years 1993 and 1994, in aggregate amounts not to exceed $2,446,855,600 and $2,549,623,535, respectively, as follows: #####
(A)For insured or guaranteed loans under section 502 on behalf of low-income borrowers receiving assistance under section 521(a)(1), $1,676,484,000 for fiscal year 1993 and $1,746,896,328 for fiscal year 1994. #####
(B)For guaranteed loans under section 502(h) on behalf of low- and moderate-income borrowers, such sums as may be appropriated for fiscal years 1993 and 1994. #####
(C)For loans under section 504, $12,400,000 for fiscal year 1993 and $12,920,800 for fiscal year 1994. #####
(D)For insured loans under section 514, $16,821,600 for fiscal year 1993 and $17,528,107 for fiscal year 1994. #####
(E)For insured loans under section 515, $739,500,000 for fiscal year 1993 and $770,559,000 for fiscal year 1994. #####
(F)For loans under section 523(b)(1)(B), $800,000 for fiscal year 1993 and $833,600 for fiscal year 1994. #####
(G)For site loans under section 524, $850,000 for fiscal year 1993 and $885,700 for fiscal year 1994. ####
(2)Notwithstanding any other provision of law, insured and guaranteed loan authority in this title for any fiscal year beginning after September 30, 1984, shall not be transferred or used for any purpose not specified in this title. ###
(b)Authorization of Appropriations There are authorized to be appropriated for fiscal years 1993 and 1994, and to remain available until expended, the following amounts: ####
(1)For grants under section 502(f)(1), $1,100,000 for fiscal year 1993 and $1,146,200 for fiscal year 1994. ####
(2)For grants under section 504, $21,100,000 for fiscal year 1993 and $21,986,200 for fiscal year 1994. ####
(3)For purposes of section 509(c), $600,000 for fiscal year 1993 and $625,200 for fiscal year 1994. ####
(4)For project preparation grants under section 509(f)(6), $5,300,000 in fiscal year 1993 and $5,522,600 in fiscal year 1994. ####
(5)In fiscal years 1993 and 1994, such sums as may be necessary to meet payments on notes or other obligations issued by the Secretary under section 511 equal to— #####
(A)the aggregate of the contributions made by the Secretary in the form of credits on principal due on loans made pursuant to section 503; and #####
(B)the interest due on a similar sum represented by notes or other obligations issued by the Secretary. ####
(6)For grants for service coordinators under section 515(y), $1,000,000 in fiscal year 1993 and $1,042,000 in fiscal year 1994. ####
(7)For financial assistance under section 516— #####
(A)for low-rent housing and related facilities for domestic farm labor under subsections
(a)through
(j)of such section, $21,700,000 for fiscal year 1993 and $22,611,400 for fiscal year 1994; and #####
(B)for housing for rural homeless and migrant farmworkers under subsection
(k)of such section, $10,500,000 for fiscal year 1993 and $10,941,000 for fiscal year 1994. ####
(8)For grants under section 523(f), $13,900,000 for fiscal year 1993 and $14,483,800 for fiscal year 1994. ####
(9)For grants under section 533, $30,800,000 for fiscal year 1993 and $32,093,600 for fiscal year 1994. ###
(c)Rental Assistance ####
(1)The Secretary, to the extent approved in appropriations Acts for fiscal years 1993 and 1994, may enter into rental assistance payment contracts under section 521(a)(2)(A) aggregating $414,100,000 for fiscal year 1993 and $431,492,200 for fiscal year 1994. ####
(2)Any authority approved in appropriation Acts for fiscal year 1988 or any succeeding fiscal year for rental assistance payment contracts under section 521(a)(2)(A) or contracts for operating assistance under section 521(a)(5) shall be used by the Secretary— #####
(A)to renew rental assistance payment contracts or operating assistance contracts that expire during such fiscal year; #####
(B)to provide amounts required to continue assistance payments for the remaining period of an existing contract, in any case in which the original amount of assistance is used prior to the end of the term of the contract; and #####
(C)to make additional rental assistance payment contracts or operating assistance contracts for existing or newly constructed dwelling units. ###
(d)Supplemental Rental Assistance Contracts The Secretary, to the extent approved in appropriations Acts for fiscal years 1993 and 1994, may enter into 5-year supplemental rental assistance contracts under section 502(c)(5)(D) aggregating $12,178,000 for fiscal year 1993 and $12,689,476 for fiscal year 1994. ###
(e)Authorization of Appropriations There are authorized to be appropriated for rural housing vouchers under section 542, $130,000,000 for fiscal year 1993 and $140,000,000 for fiscal year 1994.
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Sec. 513
program levels and authorizations
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