LOW-RENT PUBLIC HOUSING

LOW-RENT PUBLIC HOUSING Sec. 401. (a) Subsection (i) of section 10 of the United States Housing Act of 1937 is amended effective August 1, 1956, to read as follows: “(i) Notwithstanding any other provision of law, the Authority may enter into new contracts for loans and annual contributions after July 31, 1956, for not more than thirty-five thousand additional dwelling units, which amount shall be increased by thirty-five thousand additional dwelling units on July 1, 1957, and may enter into only such new contracts for preliminary loans in respect thereto as are consistent with the number of dwelling units for which contracts for annual contributions may be entered into hereunder: Provided, That the authority to enter into new contracts for annual contributions with respect to each such thirty-five thousand additional dwelling units shall terminate two years after the first date on which such authority may be exercised under the foregoing provisions of this subsection: Provided further, That any balance of the authorization provided by this subsection, as amended by section 108 (b) of the Housing Amendments of 1955, not utilized by July 31, 1956, shall be available in any succeeding year: Provided further, That no such new contract for annual contributions for additional units shall be entered into except with respect to low-rent housing for a locality respecting which the Housing and Home Finance Administrator has made the determination and certification relating to a workable program as prescribed in section 101 (c) of the Housing Act of 1949, as amended: And provided further, That no new contracts for loans and annual contributions for additional dwelling units in excess of the number authorized in this sentence shall be entered into unless authorized by the Congress.” (b) Clause (2) of the third proviso appearing in that part of the Independent Offices Appropriation Act, 1953, which is captioned “Annual contributions:” under the heading “public housing administration” is repealed.