1947 Reorg. Plan No. 3, §§ 1, 4 (a), 9, eff. July 27, 1947, 12 F. R. 4981, 61 Stat. 954; July 15, 1949, ch. 338, title III, § 307 (c), 63 Stat. 429; Oct. 31, 1951, ch. 654, § 1 (112), 65 Stat. 705.)

REFERENCES IN TEXT

The Housing Act of 1937, as amended, referred to in subsection (e), is classified to this chapter.

The "said Act" referred to in the same subsection refers to the Housing Act of 1937.

The Housing Act of 1949, referred to in subsection (e), amended sections 1401, 1402, 1406, 1409-1411, 1413-1416 and 1420-1430 of this title which sections are a part of the United States Housing Act of 1937.

AMENDMENTS

1951-Subsec. (b). Act Oct. 31, 1951, repealed subsec. (b), which provided that section 5 of Title 41 should not apply to contracts for services or to purchases of supplies except when the aggregate amount involved was less $300. 1949 Subsec. (e). Act July 15, 1949, added subsec. (e). TRANSFER OF FUNCTIONS

"Administration" was substituted for "Authority" and "Commissioner" for "Administrator" by 1947 Reorg. Plan No. 3, set out in note to former section 1403 of this title. Also, see notes under section 1403 for prior transfers of functions..

DELEGATION OF FUNCTIONS

For delegation of functions, vested in the President by subsec. (d) of this section, to the Housing and Home Finance Administrator, see section 4 (c) of Ex. Ord. No. 10530, May 10, 1954, 19 F.R. 2709, set out as a note under section 301 of Title 3. The President.

CROSS REFERENCES

Administrative expenses, see section 1404a of this

title.

Bids without advertising, limitation, except under certain conditions, now $500, see section 5 of Title 41, Public Contracts.

§ 1406a. Same; expenses of management and operation of transferred projects as nonadministrative; payment.

On and after May 10, 1939 all necessary expenses in connection with the management and operation of projects transferred to the Authority by Executive Order Numbered 7732 of October 27, 1937, as modified by Executive Order Numbered 7839 of March 12, 1938, may be considered as nonadministrative expenses, notwithstanding the provisions of section 712a of Title 15, and be paid from the rents received from each transferred project. (May 10, 1939, ch. 119, 1, 53 Stat. 690.)

CODIFICATION

Section was not enacted as part of the United States Housing Act of 1937, which constitutes this chapter.

TRANSFER OF FUNCTIONS

United States Housing Authority transferred to Public Housing Administration by 1947 Reorg. Plan No. 3, §§ 1, 4 (a), 9, eff. July 27, 1947, 12 F. R. 4981, 61 Stat. 954, set out in note under former section 1403 of this title. Also, see notes under section 1403 for prior transfer of functions.

Executive Order No. 7732, Oct. 27, 1937, 2 F. R. 2324, 44 C. F. R. 201.11, effective Nov. 1, 1937, transferred to the United States Housing Authority all right, interest, and title held by the Federal Emergency Administration of Public Works in any housing or slum-clearance projects constructed or in the process of construction on Sept. 1, 1937. See note under former section 1403 of this title.

SIMILAR PROVISIONS

Provisions similar to those in this section were contained in act June 25, 1938, ch. 681, title I, 52 Stat. 1129.

§ 1406b. Same; expenses of uncompensated advisers serving away from home.

On and after May 10, 1939, the funds made available for administrative expenses of the Public Housing Administration shall be available for the payment, when specifically authorized by the Commissioner, of actual transportation expenses and not to exceed $10 per diem in lieu of subsistence and other expenses to persons serving, while away from their homes, without other compensation from the United States, in an advisory capacity to the Administration. (May 10, 1939, ch. 119, § 1, 53 Stat. 690; 1947 Reorg. Plan No. 3, §§ 1, 4 (a), 9, eff. July 27, 1947, 12 F. R. 4981, 61 Stat. 954.)

CODIFICATION

Section was not enacted as a part of the United States Housing Act of 1937, which constitutes this chapter.

TRANSFER OF FUNCTIONS

"Public Housing Administration" was substituted for "United States Housing Authority", "Commissioner" was substituted for "Administrator," and "Administration" was substituted for "Authority" by 1947 Reorg. Plan No. 3, set out in note under former section 1403 of this title. Also, see notes under section 1403 for prior transfers of functions.

§ 1406c. Same; expense of construction advisers on non-Federal projects.

CODIFICATION

Section was from the Independent Offices Appropriation Act, 1943, act June 27, 1942, ch. 450, § 1, 56 Stat. 410, and expired by its own terms on June 30, 1944. Similar provisions were contained in acts Apr. 5, 1941, ch. 40, § 1, 55 Stat. 111; Apr. 18, 1940, ch. 107, § 1, 54 Stat. 130.

§ 1407. Same; information; annual report. (a) Publication of information.

The Administration may publish and disseminate information pertinent to the various aspects of housing.

(b) Contents of annual report to Congress.

The annual report of the Housing and Home Finance Administrator to the President for submission to the Congress on the operations of the Housing and Home Finance Agency shall include a report on the operations and expenses of the Administration, including loans, contributions, and grants made or contracted for, low-rent housing and slum clearance projects undertaken, and the assets and liabilities of the Administration. Such report shall include operating statements of all projects under the jurisdiction of or receiving the assistance of the Administration, including summaries of the incomes of occupants, sizes of families, rentals, and other related information. Sept. 1, 1937, ch. 896, § 7, 50 Stat. 891; 1947 Reorg. Plan No. 3, §§ 1, 4 (a), 9, eff. July 27, 1947, 12 F. R. 4981, 61 Stat. 954; Aug. 2, 1954, ch. 649, title VIII, § 802 (d), 68 Stat. 643.)

AMENDMENTS

1954 - Subsec. (b). Act Aug. 2, 1954, in first sentence, substituted additional provisions with respect to contents of the annual report, for provisions requiring that the report be made, the latter provisions now covered by section 17010 of Title 12, Banks and Banking.

TRANSFER OF FUNCTIONS "Administration" was substituted for "Authority" by 1947 Reorg. Plan No. 3, set out in note under former section 1403 of this title. Also, see notes under section 1403 for prior transfers of functions.

§ 1408. Same; rules and regulations.

The Administration may from time to time make, amend, and rescind such rules and regulations as may be necessary to carry out the provisions of this chapter. (Sept. 1, 1937, ch. 896, § 8, 50 Stat. 891; 1947 Reorg. Plan No. 3, §§ 1, 4 (a), 9, eff. July 27, 1947, 12 F. R. 4981, 61 Stat. 954.)

TRANSFER OF FUNCTIONS

"Administration" was substituted for "Authority" by 1947 Reorg. Plan No. 3, set out in note under former section 1403 of this title. Also, see notes under section 1403 for prior transfers of functions.

CROSS REFERENCES

Rules and regulations by Public Housing Commissioner, see section 14048 of this title.

§ 1409. Loans for low-rent-housing and slum-clearance projects.

The Administration may make loans to publichousing agencies to assist the development, acquisition, or administration of low-rent-housing or slumclearance projects by such agencies. Where capital grants are made pursuant to section 1411 of this title the total amount of such loans outstanding on any one project and in which the Administration participates shall not exceed the development or acquisition cost of such project less all such capital grants, but in no event shall said loans exceed 90 per centum of such cost. In the case of annual contributions in assistance of low rentals as provided in section 1410 of this title the total of such loans outstanding on any one project and in which the Administration participates shall not exceed 90 per centum of the development or acquisition cost of such project. Such loans shall bear interest at such rate not less than the applicable going Federal rate, plus one-half of one per centum, shall be secured in such manner, and shall be repaid within such period not exceeding sixty years, as may be deemed advisable by the Administration: Provided, That in the case of projects initiated after March 1, 1949, with respect to which annual contributions are contracted for pursuant to this chapter, loans shall not be made for a period exceeding forty years from the date of the bonds evidencing the loan: And provided further, That, in the case of such projects or any other projects with respect to which the contracts (including contracts which amend or supersede contracts previously made) provide for loans for a period not exceeding forty years from the date of the bonds evidencing the loan and for annual contributions for a period not exceeding forty years from the date the first annual contribution for the project is paid, such loans shall bear interest at a rate not less than the applicable going Federal rate. (Sept. 1, 1937, ch. 896, 9, 50 Stat. 891; 1947 Reorg. Plan No. 3, §§ 1, 4 (a), 9, eff. July 27, 1947, 12 F. R. 4981, 61 Stat. 954; July 15, 1949, ch. 338, title III, § 304 (c), (d), 63 Stat. 425.)

AMENDMENTS

1949-Act July 15, 1949, § 304 (c), substituted "applicable going Federal rate" for "going Federal rate at the time the loan is made" in the fourth sentence. Act July 15, 1949, § 304 (d), added proviso.

TRANSFER OF FUNCTIONS

"Administration" was substituted for "Authority" by 1947 Reorg. Plan No. 3, set out in note under former

section 1403 of this title. Also, see notes under section 1403 for prior transfers of functions.

§ 1410. Annual contributions in assistance of low rentals.

(a) Authorization.

The Administration may make annual contributions to public housing agencies to assist in achieving and maintaining the low-rent character of their housing projects. The annual contributions for any such project shall be fixed in uniform amounts, and shall be paid in such amounts over a fixed period of years. The Administration shall embody the provisions for such annual contributions in a contract guaranteeing their payment over such fixed period: Provided, That the Administration may, in addition to the payments guaranteed under the contract, pay not to exceed $120 per annum per dwelling unit occupied by an elderly family, or a displaced family if such family was displaced by an urban renewal or low-rent housing project on or after January 27, 1964, on the last day of the project fiscal year where such amount, in the determination of the Administration, was necessary to enable the public housing agency to lease the dwelling unit to an elderly or displaced family at a rental it could afford and to operate the project on a solvent basis, and, in the case of displaced families, if and to the extent that the average or estimated average rental for units so occupied by such families was less than the rental which the Administration determines, on the basis of the average or estimated average project rentals, would have been established in leasing the units to families which were neither elderly nor similarly displaced: Provided, however, That where more than one family is living in an unsafe or insanitary dwelling unit the elimination of such unit shall count as the elimination of units equal to the number of families accommodated therein: Provided further, That such elimination may, in the discretion of the Administration be deferred in any locality or metropolitan area where there is an acute shortage of decent, safe, or sanitary housing available to families of low income: And provided further, That this requirement shall not apply in the case of any low-rent housing project located in a rural nonfarm area, or to any low-rent housing project developed on the site of a slum cleared subsequent to July 15, 1949, and that the dwelling units which had been eliminated by the clearance of the site of such project shall not be counted as elimination for any other low-rent project.

(b) Limitation on particular contribution and periods.

Annual contributions shall be strictly limited to the amounts and periods necessary, in the determination of the Administration, to assure the low-rent character of the housing projects involved. Toward this end the Administration may prescribe regulations fixing the maximum contributions available under different circumstances, giving consideration to cost, location, size, rent-paying ability of prospective tenants, or other factors bearing upon the amounts and periods of assistance needed to achieve and maintain low rentals. Such regulations may provide for rates of contribution based upon development, acquisition or administration cost, number of dwelling units, number of persons housed, or other

appropriate factors: Provided, That the fixed contribution payable annually under any contract shall in no case exceed a sum equal to the annual yield, at the applicable going Federal rate plus 1 per centum, upon the development or acquisition cost of the low-rent housing or slum-clearance project involved.

(c) Reduction in annual contributions; duration of contracts.

Every contract for annual contributions shall pro.. vide that whenever in any year the receipts of a public housing agency in connection with a low-rent housing project exceed its expenditures (including debt service, administration, maintenance, establishment of reserves, and other costs and charges), an amount equal to such excess shall be applied, or set aside for application, to purposes which, in the determination of the Administration, will effect a reduction in the amount of subsequent annual contributions. In no case shall any contract for annual contributions be made for a period exceeding sixty years: Provided, That, in the case of projects initiated after March 1, 1949, contracts for annual contributions shall not be made for a period exceeding forty years from the date the first annual contribution for the project is paid: And provided further, That, in the case of such projects or any other projects with respect to which the contracts for annual contributions (including contracts which amend or supersede contracts previously made) provide for annual contributions for a period not exceeding forty years from the date the first annual contribution for the project is paid, the fixed contribution may exceed the amount provided in the first proviso of subsection (b) of this section by 1 per centum of development or acquisition cost. (d) Availability of funds.

All payments of annual contributions pursuant to this section shall be made out of any funds available to the Administration when such payments are due, except that its capital and its funds obtained through the issuance of obligations pursuant to section 1420 of this title (including repayments or other realizations of the principal of loans made out of such capital and funds) shall not be available for the payment of such annual contributions.

(e) Limitation on aggregate contractual contribu tions.

The Administration is authorized to enter into contracts for annual contributions aggregating not more than $366,250,000 per annum, but any such contracts for additional units for any one State shall not, after June 30, 1961, be entered into for more than 15 per centum of the aggregate amount not already guaranteed under contracts for annual contributions on such date: Provided, That no such new contract for additional units shall be entered into after June 30, 1961 except with respect to low-rent housing for a locality respecting which the Administrator has made the determination and certification relating to a workable program as prescribed in section 1451(c) of this title, and the Administration shall enter into only such new contracts for preliminary loans as are consistent with the number of dwelling units for which contracts for annual contributions may be entered into. Without further

authorization from Congress, no new contracts for annual contributions beyond those herein authorized shall be entered into by the Administration. The faith of the United States is solemnly pledged to the payment of all annual contributions contracted for pursuant to this section, and there is authorized to be appropriated in each fiscal year, out of any money in the Treasury not otherwise appropriated, the amounts necessary to provide for such payments.

(f) Payments under contractual contributions to be pledged for loans.

Payments under annual contributions contracts shall be pledged, if the Administration so requires, as security for any loans obtained by a public housing agency to assist the development or acquisition of the housing project to which the annual contributions relate.

(g) Maximum income limits; admission policies. Every contract for annual contributions for any low-rent housing project shall provide that—

(1) the maximum income limits fixed by the public housing agency shall be subject to the prior approval of the Administration and the Administration may require the agency to review and revise such limits if the Administration determines that changed conditions in the locality make such revisions necessary in achieving the purposes of the chapter;

(2) the public housing agency shall adopt and promulgate regulations establishing admission policies which shall give full consideration to its responsibility for the rehousing of displaced families, to the applicant's status as a serviceman or veteran or relationship to a serviceman or veteran or to a disabled serviceman or veteran, and to the applicant's age or disability, housing conditions, urgency of housing need, and source of income: Provided, That in establishing such admission policies the public housing agency shall accord to families of low income such priority over single persons as it determines to be necessary to avoid undue hardship; and

(3) the public housing agency shall determine, and so certify to the Administration, that each family in the project was admitted in accordance with duly adopted regulations and approved income limits; and the public housing agency shall make periodic reexaminations of the incomes of families living in the project and shall require any family whose income has increased beyond the approved maximum income limits for continued occupancy to move from the project unless the public housing agency determines that, due to special circumstances, the family is unable to find decent, safe and sanitary housing within its financial reach although making every reasonable effort to do so, in which event such family may be permitted to remain for the duration of such a situation if it pays an increased rent consistent with such family's increased income.

(h) Exemption of projects from taxes; contributions by States, city, county or other political subdivision.

Every contract made pursuant to this chapter for annual contributions for any low-rent housing

project initiated after March 1, 1949, shall provide that no annual contributions by the Administration shall be made available for such project unless such project (exclusive of any portion thereof which is not assisted by annual contributions under this chapter) is exempt from all real and personal property taxes levied or imposed by the State, city, county, or other political subdivisions, but such contract shall require the public housing agency to make payments in lieu of taxes equal to 10 per centum of the annual shelter rents charged in such project or such lesser amount as (i) is prescribed by State law, or (ii) is agreed to by the local governing body in its agreement for local cooperation with the public housing agency required under section 1415 (7) (b) (i) of this title, or (iii) is due to failure of a local public body or bodies other than the public housing agency to perform any obligation under such agreement: Provided, That, with respect to any such project which is not exempt from all real and personal property taxes levied or imposed by the State, city, county, or other political subdivisions, such contract shall provide, in lieu of the requirement for tax exemption and payments in lieu of taxes, that no annual contributions by the Administration shall be made available for such project unless and until the State, city, county, or other political subdivisions in which such project is situated shall contribute, in the form of cash or tax remission, the amount by which the taxes paid with respect to the project exceed 10 per centum of the annual shelter rents charged in such project: Provided further, That, prior to execution of the contract for annual contributions the public housing agency shall, in the case of a tax-exempt project, notify the governing body of the locality of its estimate of the annual amount of such payments in lieu of taxes and of the amount of taxes which would be levied if the property were privately owned, or, in the case where the project is taxed, its estimate of the annual amount of the local cash contribution, and shall thereafter include the actual amounts of such payments or contributions in its annual report. Contracts for annual contributions entered into prior to September 2, 1964 may be amended in accordance with the first sentence of this subsection. (i) Payment for services and facilities to municipalities or other local governmental agencies. Notwithstanding any other provision of law or any contract or other arrangement made pursuant thereto, any public housing agency which utilizes public services and facilities of a municipality or other local governmental agency making charges therefor separate from real and personal property taxes shall be authorized by the Administration (without any amendment to the contract for annual contributions or deductions from payments in lieu of taxes otherwise payable) to pay to such municipality or other local governmental agency the amount that would be charged private persons or dwellings similarly situated for such facilities and services.

(j) Repealed. Pub. L. 87-70, title II, § 206(c), June 30, 1961, 75 Stat. 164.

(k) Audit and settlement of expenditures for payment of contributions.

All expenditures of appropriations for the payment of annual contributions shall be subject to audit and final settlement by the Comptroller General of the United States under the provisions of the Budget and Accounting Act of 1921, as amended.

(1) Sale of projects to private ownership; procedure; proceeds.

In any community where it has been determined by resolution or ordinance, or by referendum, that a project shall be liquidated by sale thereof to private ownership, such community may negotiate with the Federal Government with respect to the sale of the project, and the Administration shall agree that sale of the project may be made after public advertisement to the highest bidder upon (1) payment and retirement of all outstanding obligations (together with any interest payable thereon and any premiums prescribed for the redemption of any bonds, notes, or other obligations prior to maturity) in connection with the project, and (2) payment of any proceeds received from the sale of the project in excess of the amounts required to comply with the requirements of the preceding clause numbered (1) to the Administration and to local public bodies in proportion to the aggregate contribution which the Administration and such local public bodies have made to the project.

(m) Repealed. Pub. L. 87-70, title II, § 205(b), June 30, 1961, 75 Stat. 165.

(Sept. 1, 1937, ch. 896, § 10, 50 Stat. 891; June 21, 1938, ch. 554, title VI, § 601, 52 Stat. 820; 1947 Reorg. Plan No. 3, §§ 1, 4(a), 9, eff. July 27, 1947, 12 F.R. 4981, 61 Stat. 954; July 15, 1949, ch. 338, title III, §§ 302 (a), 304 (a), (c), (e), (f), 305, 307 (d), 63 Stat. 423-427, 429; Aug. 2, 1954, ch. 649, title IV, §§ 401 (1), (2), 402, 403, 405, 406, 68 Stat. 630; June 30, 1955, ch. 251, § 3, 69 Stat. 225; Aug. 11, 1955, ch. 783, title I, § 108 (b), 69 Stat. 638; Aug. 7, 1956, ch. 1029, title IV, §§ 401 (a), 404 (b), 70 Stat. 1103, 1104; Sept. 23, 1959, Pub. L. 86-372, title V, §§ 505(a), 507, 73 Stat. 680, 681; June 30, 1961, Pub. L. 87-70, title II, §§ 203, 204 (a), (b), 205, 206 (b), (c), 75 Stat. 163— 165; Sept. 2, 1964, Pub. L. 88-560, title IV, §§ 401(b), 402-404, 78 Stat. 794, 795.)

REFERENCES IN TEXT

The Budget and Accounting Act of 1921, as amended, referred to in subsec. (k), is classified to chapter 1 of Title 31, Money and Finance, and to sections 71, 471, 581, and 581a of that title.

AMENDMENTS

1964 Subsec. (a). Pub. L. 88-560, § 402, included displaced families within the proviso permitting the Authority to pay up to $120 per annum per dwelling unit in addition to the payments guaranteed by contract.

Subsec. (e). Pub. L. 88-560, § 403, substituted "$366,250,000" for "$336,000,000."

Subsec. (g) (2). Pub. L. 88-560, § 401(b), substituted "displaced families" for "those displaced by urban renewal or other governmental action" and provided that the public housing agency shall accord low income families priority over single persons in admission policies as necessary to avoid undue hardship.

Subsec. (h). Pub. L. 88-560, § 404, substituted "September 2, 1964" for "August 2, 1954", and deleted provisions which prohibited payments in lieu of taxes if such

payments reduced the value of the tax exemption to an amount less than 20 per centum of the Federal contribution.

1961-Subsec. (a). Pub. L. 87-70, § 203, empowered the Authority, in addition to the payments guaranteed under the contract, to pay not more than $120 per annum per dwelling unit occupied by an elderly family on the last day of the project fiscal year where such amount was necessary to enable the public housing agency to lease the dwelling unit to the elderly family at a rental it could afford and to operate the project on a solvent basis. Subsec. (e). Pub. L. 87-70, § 204 (a), authorized the Authority to enter into contracts for annual contributions aggregating not more than $336,000,000 per annum, limited contracts for additional units for any one State, after June 30, 1961, to not more than 15 per centum of the aggregate amount not already guaranteed under contracts for annual contributions on such date, prohibited new contracts for additional units after June 30, 1961, except with respect to low-rent housing for a locality respecting which the determination and certification relating to a workable program has been made, permitted the Authority to enter into only such new contracts for preliminary loans as are consistent with the number of dwelling units for which contracts for annual contributions may be entered into, and eliminated provisions which limited the dwelling units to not more than 810,000.

Subsec. (g). Pub. L. 87-70, § 205(a), substituted provisions requiring all contracts to provide that the maximum income limits fixed by the public housing agency shall be subject to the prior approval of the Authority, that the agency shall adopt and promulgate regulations establishing admission policies giving full consideration to displaced persons, servicemen and veterans, relatives of servicemen and veterans, and to the applicant's age or disability, housing conditions, urgency of the housing needed, and source of income, and that the agency shall determine, and so certify, that each family was admitted in accordance with duly adopted regulations and approved income limits, and that the agency shall make periodic reexaminations of the income limitations and will require any family whose income has increased beyond the maximum income limits to move unless there is a determination that, due to special circumstances, the family is unable to find decent, safe and sanitary housing within its financial reach although making every reasonable effort to do so, in which event the family may be permitted to stay for the duration of the situation at an increased rental, for provisions which required all contracts to contain provisions giving preferences to displaced families, disabled veterans, veterans and servicemen, and to their families.

Subsec. (h). Pub. L. 87-70, § 206(b), inserted the parenthetical phrase "(exclusive of any portion thereof which is not assisted by annual contributions under this chapter)."

Subsec. (1). Pub. L. 87-70, § 204 (b), redesignated par. (10) of section 15 of act Sept. 1, 1937, as added by section 507 of Pub. L. 86-372, as subsec. (1) of this section, and repealed former subsec. (1) which related to new contracts for loans and annual contributions for additional dwelling units.

Subsec. (1). Pub. L. 87-70, § 206 (c), repealed former subsec. (1), which related to self-liquidation of projects. Subsec. (m). Pub. L. 87-70, § 205(b), repealed former subsec. (m) which permitted the Authority to assist the construction of new housing or the remodeling of existing housing in order to provide accommodations designed specifically for elderly families and empowered the public housing agencies to extend a prior preference to such families.

1959 Subsec. (1). Pub. L. 86-372 substituted provisions authorizing the Authority to enter into new contracts for loans and annual contributions for (1) not more than such number of dwelling units as does not exceed the number of units which were covered by annual contribution contracts on Sept. 23, 1959, and are not built, the contracts therefor being cancelled, and (2) additional dwelling units, which, together with the dwelling units covered by new contracts entered into under cl. (1) do not exceed 37,000 units, for provisions which permitted the Authority to enter into new con

tracts for loans and annual contributions after July 31, 1956, for not more than 35,000 additional dwelling units, which amount increased by 35,000 additional dwelling units on July 1, 1957, and eliminated provisions which required the authority to enter into new contracts for annual contributions with respect to each 35,000 additional units to terminate two years after the first date on which such authority may be exercised.

1956-Subsec. (1). Act Aug. 7, 1956, authorized new contracts for 35,000 dwelling units after July 31, 1956, in lieu of former provisions authorizing 45,000 from Aug. 11, 1955, through July 31, 1956, amended proviso to terminate contract authority after two years, inserted further proviso that balance of authorization not used by 1956 shall be available in any succeeding year, and inserted further proviso that no new contracts for contributions for units shall be entered into except for low-rent housing for a locality respecting which the Administrator has made the determination and certification relating to a workable program as prescribed in section 1451 (c) of this title.

Subsec. (m). Act Aug. 7, 1956, added subsec. (m).

1955 Subsec. (1). Act Aug. 11, 1955, authorized new contracts for loans and annual contributions for not more than 45,000 additional dwelling units, eliminated the requirement that a slum clearance and urban redevelopment or urban renewal project is being carried out in the community, and eliminated the provisions relating to certification.

Subsec. (1). Act June 30, 1955, substituted "period from June 30, 1954, to August 1, 1955" for "fiscal year 1955".

1954 Subsec. (g). Act Aug. 2, 1954, § 401(2), extended the preference provision to families which are to be displaced through other public actions, which provision, prior to such amendment, extended a first preference only to families which are to be displaced by a low-rent project or by a public slum clearance or redevelopment project. Subsec. (h). Act Aug. 2, 1954, § 402, made mandatory on a local housing authority any payments in lieu of taxes stipulated in its cooperation agreement with the local governing body, and revised the provisions with respect to such agreements.

Subsecs. (1)-(l). Act Aug. 2, 1954, §§ 401(1), 403, 405, 406, respectively, added subsecs. (1)—(?).

1949-Subsec. (a). Act July 15, 1949, §§ 305(b), 307 (d), deleted the third sentence beginning "No part of such ⭑ **", deleted proviso in fourth sentence, and added last sentence.

Subsec. (b). Act July 15, 1949, § 304 (a), (c), repealed the last proviso, and substituted "applicable going Federal rate" for "going Federal rate of interest at the time such contract is made" in the first proviso.

Subsec. (c). Act July 15, 1949, § 304 (e), (f), added proviso to last sentence, and amended first sentence to provide for reduction in amount of annual contributions whenever receipts justify it.

Subsec. (e). Act July 15, 1949, § 305(a), inserted the second and third sentences.

Subsec. (f). Act July 15, 1949, § 304 (a), omitted proviso of first sentence and entire second sentence. Subsec. (g). Act. July 15, 1949, § 302 (a), added subsec.

1938 Subsec. (e). Act June 21, 1938, substituted an authorization for aggregate annual contribution contracts of $28,000,000 per annum for the prior authorization of $5,000,000 per annum on and after Sept. 1, 1937, $7,500,000 on or after July 1, 1938, and $7,500,000, on or after July 1, 1939.

Subsec. (f). Act June 21, 1938, added subsec. (b). EFFECTIVE DATE OF 1956 AMENDMENT Section 401 (a) of act Aug. 7, 1956, provided in part that the amendment to subsec. (1) should be effective Aug. 1, 1956.

TRANSFER OF FUNCTIONS

"Administration" was substituted for "Authority" by 1947 Reorg. Plan No. 3, set out in note under former section 1403 of this title. Also, see notes under section 1403 for prior transfers of functions.