assistance authorization

assistance authorization Sec. 509. (a) Clauses (b), (c), and (d) of section 513 of the Housing Act of 1949 are amended to read as follows: “(b) not to exceed $80,000,000 for loans and grants pursuant to section 504 during the 88 Stat. 695 period beginning July 1, 1956, and ending June 30, 1977; (c) not to exceed $80,000,000 for financial assistance pursuant to section 516 for the period ending June 30, 1977; (d) not to exceed $250,000 per year for research and study programs pursuant to subsections (b), (c), and (d) of section 506 during the period beginning July 1, 1961, and ending June 30, 1974, and not to exceed $1,000,000 per year for such programs during the period beginning October 1, 1974, and ending June 30, 1977;”. (b) Sections 515(b)(5) and 517(a)(1) of such Act are amended by striking out “October 1, 1974” and inserting in lieu thereof “June 30, 1977”.