Pub. L. 88-560, tit. IV, sec. 402
additional subsidy for urban renewal and low-rent housing displacees
additional subsidy for urban renewal and low-rent housing displacees Sec. 402. The first proviso in section 10(a) of the United States Housing Act of 1937 is amended to read as follows: “: Provided, That the Authority may, in addition to the payments guaranteed under the contract, pay not to exceed $120 per annum per dwelling unit occupied by an elderly family, or a displaced family if such family was displaced by an urban renewal or low-rent, housing project on or after January 27, 1964, on the last day of the project fiscal year where such amount, in the determination of the Authority, was necessary to enable the public housing agency to lease the dwelling unit to an elderly or displaced family at a rental it could afford and to operate the project on a solvent basis, and, in the case of displaced families, if and to the extent that the average or estimated average rental for units so occupied by such families was less than the rental which the Authority determines, on the basis of the average or estimated average project rentals, would have been established m leasing the units to families which were neither elderly nor similarly displaced”.