Supplemental Housing Assistance Authorization Act

Summary

Supplemental Housing Assistance Authorization Act - Amends the United States Housing Act of 1937 to increase the fiscal year 1977 limitations on aggregate annual contractual contributions for low-income housing projects from $850,000,000 to $1,228,050,000 and for the operation of such projects from $576,000,000 to $595,600,000. Extends to 360 months the term for which the Secretary of Housing and Urban Development may contract to make low- income housing assistance payments. Authorizes to be appropriated such sums as may be needed to cover losses sustained by the General Insurance Fund under the National Housing Act. Makes supplemental authorizations reimbursing housing loan funds for properties transferred under the Urban Homesteading Demonstration program under the Housing and Community Development Act of 1974.

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1 official file

• Introduced in Senate

  summary · EN · 25 February 1977

  Open at official source

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