public facility loans

public facility loans Sec. 1107. (a) Section 202(c) of the Housing Amendments of 1955 is amended by adding at the end thereof the following new sentence: “Notwithstanding any other provision of this title, the Administrator may extend financial assistance, as otherwise authorized by clause (1) of subsection (a) of this section, to any private nonprofit corporation to finance the construction of works for the storage, treatment, purification, or distribution of water or the construction of sewage, sewage treatment, and sewer facilities, if such works or facilities are needed to serve a smaller municipality or rural area, and there is no existing public body able to construct and operate such works or facilities.” (b) Section 202(b)(4) of such amendments is amended— (1) by striking out the parenthetical phrase in clause (A) and inserting in lieu thereof the following: “(one hundred fifty thousand or more in the case of a community situated in an area designated as a redevelopment area under the Area Redevelopment Act or any Act supplementary thereto)”; and (2) by inserting after “public works or facilities” in the second sentence the following: “(i) in a community in or near which is located a research or development installation of the National Aeronautics and Space Administration, or (ii)”.