REUSE OF SECTION 515 LOAN AUTHORITY.

SEC. 402. REUSE OF SECTION 515 LOAN AUTHORITY.Section 515 of the Housing Act of 1949, as amended by section 207, is amended by adding at the end the following: “(u) Reuse of Loan Authority.—Loan authority that is obligated under this section but that is not expended due to any action that removes the original borrower, may be reallocated to a different borrower during the same fiscal year in which the loan authority was obligated.”.