FLEXIBLE SUBSIDY PROGRAM.

SEC. 578. FLEXIBLE SUBSIDY PROGRAM. (a) Extension.—Section 236(f)(3) of the National Housing Act is amended by striking “September 30, 1991” and inserting “September 30, 1992”. (b) Authorization.—Section 201(j) of the Housing and Community Development Amendments of 1978 (12 U.S.C. 1715z–1a(j)) is amended by adding at the end the following paragraph: 104 STAT. 4245 “(5) There are authorized to be appropriated for assistance under the flexible subsidy fund not to exceed $50,000,000 for fiscal year 1991 and $52,200,000 for fiscal year 1992.”. (c) Limitation.—Section 201(j)(1) of the Housing and Community Development Amendments of 1978 is amended by inserting before the period at the end the following: “and shall not (except as provided in Public Law 100–4–4 (102 Stat. 1018), as in effect on October 1, 1988) be available for any other purpose”.