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flow of capital into mortgage markets (94 Stat. 1655). Report due March 1, 1981.

Housing and Community Development Amendments of 1979 (P.L. 96-153, approved December 21, 1979):

(1) Report on conversion of rental housing to condominium and cooperative ownership (42 U.S.C. 5304 note). Due no later than 6 months after enactment of the Housing and Community Development Amendments of 1979.

(2) Study and report on minimum rent payments in assisted housing (42 U.S.C. 1437f note). Report due no later than February 7, 1980.

(3) Study and report comparing rents paid in assisted and unassisted housing by tenants at equivalent income levels (42 U.S.C. 1437f note). Report due not later than March 1, 1980.

(4) Study and recommendations regarding relative risks of | loss in mortgages insured under sections 203(b) and 213 of the National Housing Act (12 U.S.C. 1709 note). Due no later than 18 months after enactment of Housing and Community Development Amendments of 1979.

(5) Study and recommendations concerning alternatives to fixed maximum amounts for FHA mortgages (12 U.S.C. 1709 note). Due no later than March 1, 1980.

(6) Report on reduction of costs under the section 202 program (housing for the handicapped and elderly) (12 U.S.C. 1701q note). Due no later than 6 months after the enactment of the Housing and Community Development Amendments of 1979.

(7) Report on housing needs of the elderly and handicapped in rural areas (12 U.S.C. 1701q note). Due no later than 6 months after the enactment of the Housing and Community Development Amendments of 1979.

(8) Report on encouragement of individual ownership of manufactured home lots (12 U.S.C. 1703 note). Due no later than March 31, 1980.

Housing and Community Development Amendments of 1978 (P.L. 95-557, approved October 31, 1978):

(1) Interim report on the use of section 312 funds for multifamily properties (42 U.S.C. 5313). Report to be submitted "as soon as feasible" but no later than December 1, 1979.

(2) Study and report on section 8 housing for large families (42 U.S.C. 1437f note). Report due no later than 1 year after the enactment of the Housing and Community Development Amendments of 1978.

(3) Report on the Installation of solar energy systems in HUD projects, to be made by the Secretary of HUD in conjunction with the Secretary of Energy (12 U.S.C. 1701z-13(d)). Report due within 18 months of the enactment of the Housing and Community Development Amendments of 1978.

(4) Study and report on underground construction of residential housing (12 U.S.C. 1701z-9 note). Report due no later than 1 year after date of enactment of the Housing and Community Development Amendments of 1978.

(5) Plan on the liquidation of crime insurance and riot reinsurance programs (12 U.S.C. 1749bbb). Plan due on September 30, 1981.

(6) Study and report on involuntary displacement (42 U.S.C. 5313 note). Report due no later than January 31, 1979.

(7) Report on State and local government adoption of model rehabilitation guidelines (12 U.S.C. 1701z-10(b)). Report due 36 months after enactment of the Housing and Community Development Amendments of 1978.

National Energy Conservation Policy Act (P.L. 95-619, approved November 9, 1978):

Residential energy efficiency standards study (42 U.S.C. 8232). Due no later than 1 year after the enactment of the National Energy Conservation Policy Act.

Housing and Community Development Act of 1977 (P.L. 95-128, approved October 12, 1977):

(1) Report on adequacy, effectiveness, and equity of the community development block grant formula (42 U.S.C. 5306(1)). Due no later than September 30, 1978.

(2) Small cities study (42 U.S.C. 5313 note). Report due no later than 1 year after the enactment of the Housing and Community Development Act of 1977.

(3) Study and report on payments made in lieu of taxes under the United States Housing Act of 1937 (42 U.S.C. 1437d note). Report due no later than 12 months after the date of enactment of the Housing and Community Development Act of 1977.

(4) Study and report on the success of FNMA in achieving the purposes of the FNMA Charter Act (12 U.S.C. 1723a). Report due by July 1, 1978.

Housing Authorization Act of 1976 (P.L. 94-375, approved August 3, 1976):

(1) Study and report on how to protect buyers from undisclosed defects in home sales (12 U.S.C. 1735b(e)). Report due no later than March 1, 1977.

(2) Study and report on the need for counseling of mortgagors (12 U.S.C. 1701z(8)). Interim report containing estimate as to date of completion of final report due within 1 year of August 3, 1976.

Housing and Community Development Act of 1974 (P.L. 93-383, approved August 22, 1974):

(1) Study and report on the allocation of community development funds (42 U.Š.C. 5306(1)). Report due no later than March 31, 1977.

(2) Study and report on State construction and safety standards for used manufactured homes (42 U.S.C. 5425(c)). Report due as soon as is practicable but no later than 1 year after date of enactment of the Housing and Community Development Act of 1974.

(3) Report on expanded experimental housing allowance program (12 U.S.C. 1701z-3(c)). Report due no later than 18 months after enactment of the Housing and Community Development Act of 1974.

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(4) Report on HUD solar energy demonstrations (12 U.S.C. 1701z-5(c)). Due no later than 6 months following close of any year in which a demonstration under this section has been carried out.

(5) Study and report on potential problems in condominum and cooperative housing (42 U.S.C. 3532 note). Report due no later than 1 year after enactment of the Housing and Community Development Act of 1974.

(6) Study and report on direct financing in section 236 of the National Housing Act and section 802 of the Housing and Community Development Act of 1974 (12 U.S.C. 1715z-1 note). Report due no later than 1 year after enactment of the Housing and Community Development Act of 1974.

(Special Terms and References Used in Connection with Housing and Community Development Activities Under Laws in This Compilation)

ACC.............

AHOP

AHS.....

AML........

АРА ......

ARM.........
BMIR....

ACRONYMS AND ABBREVIATED REFERENCES

[blocks in formation]

Annual contributions contract.

Areawide housing opportunity plan.
Annual housing survey.

Adjustable mortgage loan.

Administrative Procedure Act (5 U.S.C. 551 et seq.)

Adjustable rate mortgage.

Below-market interest rate.

Congressional Budget and Impoundment
Control Act of 1974.

Concurrent resolution on the budget.

Congréssional Budget Office.

Community development.

Community development block grant.
Code of Federal Regulations.

Comprehensive improvement assistance pro-
gram.

Joint resolution continuing appropriations
for the next fiscal year.
Consumer Price Index.

Department of Energy.

Economic Development Administration.
Environmental impact statement.
Economic Recovery Tax Act of 1981.

Federal National Mortgage Association.
Federal Deposit Insurance Corporation.
Federal Emergency Management Agency.
Federal Financing Bank.

Federal Housing Administration.

Federal Home Loan Bank Board.

Federal Home Loan Mortgage Corporation
(Freddie Mac).

Farmers Home Administration.
Fair market rent.

Federal National Mortgage Association
(Fannie Mae).

Federal Register.

Federal Home Loan Mortgage Corporation. Federal Savings and Loan Insurance Corporation.

Government Accounting Office.

Garn-St Germain Depository Institutions
Act of 1982.

Growing equity mortgage.

[blocks in formation]

Sec. 5.............

Government National Mortgage Association.

Government National Mortgage Association (Ginnie Mae).

Graduated payment mortgage.

Omnibus Budget Reconciliation Act of 1981.
Housing assistance plan.

Housing finance agency.

Department of Health and Human Services.
Housing development grant.

Department of Housing and Urban Develop-
ment.

Housing and Urban-Rural Recovery Act of 1983.

Inspector General.

Internal Revenue Service.
Mortgage-backed securities.
Moderate rehabilitation.
Minimum property standards.
Metropolitan statistical area.

National Housing Partnership.

National Institute of Building Sciences.
Notice of funding availability.

Neighborhood strategy area.

Omnibus Budget Reconciliation Act of 1981.
Office of Management and Budget.

Pledged account mortgage.

Participation certificate.
Performance funding system.
Public housing agency.
Price-level adjusted mortgage.
Private mortgage insurance.
Planned unit development.
Reverse annuity mortgage.
Rental assistance payments.

Real estate investment trust.

Real Estate Settlement Procedures Act of 1974.

Shared appreciation mortgage.

Solar Energy and Energy Conservation
Bank.

Single room occupancy housing.

Substantial rehabilitation.

Tax Equity and Fiscal Responsibility Act of
1982.

Temporary mortgage assistance payments.
Urban development action grant.

United States Code.

Veterans' Administration.

ABBREVIATED STATUTORY CITATIONS

United States Housing Act of 1937 (funding for public housing and section 8 housing).

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