neighborhood development programs

neighborhood development programs Sec. 501. (a) Title I of the Housing Act of 1949 is amended by adding after the title heading the following new subheading: “Part A—Urban Renewal Projects, Demolition Programs, and Code Enforcement Programs” (b) Title I of such Act is further amended by adding at the end thereof the following new part: “Part B—Neighborhood Development Programs “purpose and authority “Sec. 131. (a) To facilitate more rapid renewal and development of urban areas on an effective scale, and to encourage more efficient and flexible utilization of public and private development opportunities by local communities in such areas, the Secretary is authorized to make financial assistance available under this title to local public agencies for undertakings and activities which are carried out under a neighborhood development program approved by him pursuant to this part. “(b) A neighborhood development program shall consist of urban renewal project undertakings and activities in one or more urban re-82 Stat. 519nowal areas which are planned and carried out on the basis of annual increments in accordance with the provisions of this title for planning and carrying out urban renewal projects, except as modified by the provisions of this part. “(e) No application for financial assistance in planning and carrying out a neighborhood development program shall be approved by the Secretary unless— “(1) the governing body of the locality has, by resolution or ordinance, approved the promised program and the annual increment covered by the application and authorized the filing of the application for financial assistance: and “(2) the Secretary has concluded that there is the necessary capacity to carry out the undertakings and activities included under the program. “financial provisions “Sec. 132. (a) Upon the approval of a neighborhood development program by the Secretary, the cost of any undertakings and activities authorized as part of the program shall be financed in accordance with the loan, capital grant, and project cost provisions of part A, except that— “(1) net project cost may lie calculated on the basis of costs incurred and proceeds derived for the account of the program during a specified twelve-month period, and may be recalculated for succeeding periods of twelve months to reflect additional costs and additional proceeds since the date of the last computation or recomputation; and “(2) if property has been acquired but not disposed of prior to the computation or recomputation of net project cost, temporary loans made or secured under this title to finance undertakings or activities included in the program may remain outstanding until .the property has been disposed of and the proceeds thereof together with additional funds becoming available to the program, are sufficient to permit repayment of the loans. “(b) In the event that gross project cost as computed for a specified twelve-month period is exceeded, with respect to that period, by the sum of (1) the sales price of land or other property sold, and (2) the imputed capital value of land or other property leased or retained by the local public agency in accordance with the provisions of the urban renewal plan, the local public agency shall pay to the Secretary two-thirds of the excess (or three-fourths in the case of a program on a three-fourths grant basis), which amount shall be available to the Secretary for grant payments under section 103. “local grants-in-aid “Sec. 133. (a) For the purpose of determining the eligibility of local grants-in-aid in connection with undertakings and activities carried out under a neighborhood development program, the three-year period referred to in the second paragraph of section 110(d) shall be deemed to be a period of three years prior to the authorization by the Secretary of the first contract for financial assistance under the program which includes the urban renewal area which is benefited by the public improvement or facility for which credit is claimed; and the seven-year period referred to in clause (1) of section 112(b) shall be deemed to be a period of seven years prior to the date of authorization by the Secretary of the first contract for financial assistance under the program which includes the urban renewal area which is benefited by the expenditures for which credit is claimed. 82 Stat. 520 “(b) No portion of the cost of a public improvement or public facility (to the extent otherwise eligible) may be included as a local grant-in-aid in computing the gross project cost of an approved program for any twelve-month period— “(1) prior to commencement of construction of the improvement or facility, or “(2) in excess of the amount actually expended or obligated by contract. “(c) The provisions of section 104 with respect to the pooling of local grants-in-aid among the various projects undertaken by a local public agency shall not. be applicable with respect to any excess local grants-in-aid resulting from the urban renewal projects contained in a neighborhood development program. “general, provisions “Sec. 134. (a) For purposes of this part— “(1) the workable program requirement in section 101 (c) shall apply to the authorization, rather than the execution, of any contract. for loans or capital grants; “(2) capital grants on a three-fourths basis may only be made under section 103(a) (2) (B); “(3) the relocation requirements specified in section 105(c) shall apply to each annual increment of an approved program; “(4) section 106(g) (relating to transient housing) shall apply to activities undertaken under approved programs, except that the determination as to need for transient housing shall be made with respect to any sale or lease of land for construction of such housing prior to such sale or lease; and “(5) the requirement concerning demolition and removal of buildings and improvements stated in clause (A) of the sentence following paragraph (10) of section 110(c) shall apply to each annual increment of an approved program. “(b) The approval by the Secretary of financial assistance for one or more annual increments of a neighborhood development program shall not be considered as obligating him to provide financial assistance for any subsequent annual increments. “(c) The urban renewal plan referred to in section 110(b) may cover one or more of the urban renewal areas covered by a neighbor-hood development program and such plan may be modified from time to time to cover additional urban renewal areas added to the program. The Secretary may establish such requirements as he deems appropriate prescribing the scope and content of such plan, taking into consideration, among other matters, the degree of detail needed in the plan to properly and expeditiously carry out the activities and undertakings proposed in any annual increment of a neighborhood development program.” (c) Notwithstanding any requirement or condition to the contrary in section 6 or 20(i) of the District of Columbia Redevelopment Act of 1945 or in any other provision of law, the District of Columbia Redevelopment Land Agency may plan and undertake neighborhood development programs under part B of title I of the Housing Act of 1949 (as added by this section), subject to all of the provisions of such Act of 1945 to the extent not inconsistent with such part B, and any such program shall be regarded as complying with the requirements of such sections 6 and 20(i) and of such other provision of law if it meets the applicable requirements established under such part B.