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(1) acquisition of real property (including air rights, water rights, and other interests therein) which is (i) blighted, deteriorated, deteriorating, undeveloped, or inappropriately developed from the standpoint of sound community development and growth, (ii) necessary for the preservation or restoration of historic sites, the beautification of urban land, the conservation of open spaces, natural resources, and scenic areas, the provision of recreational opportunities, or the guidance of urban development, (iii) determined to be appropriate for rehabilitation or conservation activities, (iv) to be used for the provision of public works, facilities, and improvenents eligible for assistance under this Act, or (v) for other public purposes;

(2) relocation payments and assistance for individuals, families, businesses, nonprofit organizations, and farm operations displaced by community development activities;

(3) clearance, demolition, removal, and rehabilitation of buildings and improvements (including financing rehabilitation of privately owned properties when inci

dental to other activities);

(4) acquisition, construction, reconstruction, or installation of public works, facilities, and site or other improvements including water and sewer facilities, community and neighborhood facilities, historic proper

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ties, utilities, streets, street lights, foundations, and

platforms for air rights sites, pedestrian malls, and walkways, parks, and playgrounds;

(5) elimination, by code enforcement and other means, of harmful physical conditions constituting a danger to public health and safety;

(6) disposition (through sale, lease, donation, or otherwise) of any real property acquired pursuant to this Act or its retention for public purposes; and (7) the provision of community services (including activities to further the purposes of section 9 (a)) which the recipient determines are necessary to achieve its community development objectives.

STATEMENTS OF COMMUNITY DEVELOPMENT ACTIVITIES

SEC. 5. (a) Prior to the first receipt in any fiscal year of 16 funds by any State or by any unit of general local govern17 ment under section 7, the recipient of such funds shall have 18 prepared a final statement of community development ob19 jectives and projected use of funds for such fiscal year and 20 shall have provided the Secretary with the certification 21 required in the last sentence of this subsection. The statement shall also reflect the degree to which activities assisted 23 under this Act relate to any State and area wide programs 24 and activities for community development. In order to permit 25 public examination and appraisal of community development

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1 projects and activities proposed to be carried out with shared 2 revenues, to enhance the public accountability of recipients 3 of funds and to facilitate coordination of activities with dif4 ferent levels of government, at least sixty days prior to prep5 aration of a final statement, a proposed statement shall be 6 published in such manner as to afford the citizens of such 7 State or unit of general local government a reasonable op8 portunity to examine its content and to submit comments 9 on the proposed statement. In preparing the final statement, 10 the recipient shall consider any such comments and may, if 11 deemed appropriate by the recipient, modify the proposed 12 statement. The final statement shall be made available to the 13 public, and a copy shall be furnished to the Secretary (and, in 14 the case of any recipient unit of general local government, 15 to the Governor of the State in which it is located as well) 16 together with a certification that the recipient is in full 17 compliance wih the publication requirements of this sub18 section as well as the other provisions of the Act.

19 (b) With respect to funds to be received in fiscal year 20 1975, the requirements of subsection (a) may be met by 21 actions taken prior to the effective date of this Act.

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(c) Within sixty days after the close of any fiscal year 23 in which the recipient receives funds under this Act, the 24 recipient shall make public and shall forward to the Secretary

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a report concerning the community development projects or

1 activities paid for or expected to be paid for in whole or in

2 part by funds received under section 7 which were initiated

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or carried out during the then preceding fiscal year. The re4 port shall include an assessment of such activities in relation

5 to the community's development objectives.

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AUTHORIZATION OF APPROPRIATIONS

SEC. 6. For the purpose of carrying out this Act there 8 are hereby authorized to be appropriated, without fiscal year 9 limitation, such sums as may be necessary for fiscal year 1975 10 and the four succeeding fiscal years.

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ALLOCATION AND DISTRIBUTION OF FUNDS

SEC. 7. (a) (1) From the funds provided in any fiscal 13 year from appropriations to carry out this Act, the Secretary 14 shall pay to each metropolitan city and urban county an 15 aggregate amount equal to the greater of its formula entitle16 ment, as computed under paragraph (2), or its hold-harmless 17 amount, as computed under paragraph (3).

18 (2) (A) Subject to subparagraph (C), the Secretary 19 shall compute the formula entitlement of each metropolitan 20 city or urban county by allocating 65 per centum of the 21 total of the funds made available in the fiscal year from 22 appropriations to carry out this Act so that each metro23 politan city or urban county is allotted an amount which bears the same ratio to such 65 per centum as the average 25 of ratios among

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(i) the population of the city or urban county and that of all metropolitan cities and urban counties;

(ii) the extent of poverty in the city or urban county and that in all metropolitan cities and urban counties; and

(iii) the extent of housing overcrowding in the

city or urban county and that in all metropolitan cities and urban counties.

(B) In applying subparagraph (A), the ratio involving 10 the extent of poverty shall be counted twice for purposes of 11 determining the average ratio, and urban counties shall be 12 considered as if they did not include metropolitan cities. For 13 fiscal years 1975 and 1976, in computing entitlements under 14 subparagraph (A), the Secretary shall exclude from urban 15 county data the population, poverty, and housing overcrowd16 ing data from units of general local government which are 17 located in such counties and which qualify for hold-harmless 18 funds. For fiscal year 1977, he shall exclude two-thirds of 19 such data and for fiscal year 1978 he shall exclude one-third 20 of such data.

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(C) During the first three years for which funds art

22 allocated under this Act, the entitlement of a metropolitan 23 city or urban county as computed under the two preceding 24 subparagraphs shall be adjusted as provided in this subpara25 graph if the amount so computed for the first year exceeds