Rural Development Assistance

Rural Development Assistance Farmers Home Administration rural housing insurance fund For direct loans and related advances pursuant to section 517 (m) of the Housing Act of 1949, as amended, $24,000,000 shall be available from funds in the rural housing insurance fund, and for insured loans as authorized by title V of the Housing Act of 1949, as amended, $3,776,000,000, of which not less than $2,865,000,000 shall be available for subsidized interest loans to low-income borrowers as determined by the Secretary; and not to exceed $2,000,000 for advances as authorized by section 501(e) of such Act and not to exceed $1,000,000 for compensation of construction defects as authorized by section 509(c) of such Act: Provided, That unsubsidized interest guaranteed loans of not to exceed $500,000,000 shall be in addition to these amounts. During fiscal year 1979, no more than 23,000 units may be assisted under rental assistance agreements entered into during the year pursuant to authority under section 521(a) (2) of the Housing Act of 1949, as amended, and the total obligation incurred over the life of these agreements shall not exceed $425,500,000. For an additional amount to reimburse the rural housing insurance fund for interest subsidies and losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of title V of the Housing Act of 1949, as amended (42 U.S.C. 1483, 1487e, and 1490a (c)) , including $66,655,000 as authorized by section 521 (c) of the Act, $320,192,000, and for an additional amount as authorized by section 521(c) of the Act as may be necessary to reimburse the fund to carry92 STAT. 1083 out a rental assistance program under section 521(a) (2) of the Housing Act of 1949, as amended. agricultural credit insurance fund For an additional amount to reimburse the agricultural credit insurance fund for interest subsidies and losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C 1988 (a)), $143,565,000. Loans may be insured, or made to be sold and insured, under this fund in accordance with and subject to the provisions of 7 U.S.C. 1928–1929, or guaranteed, as follows: real estate loans, $875,600,000, including not less than $800,000,000 for farm ownership loans of which $50,000,000 shall be guaranteed loans; and not less than $58,000,000 for water development, use, and conservation loans; operating loans, $825,000,000 of which $25,000,000 shall be guaranteed loans; and emergency loans in amounts necessary to meet the needs resulting from natural disasters. rural development insurance fund For an additional amount to reimburse the rural development insurance fund for interest subsidies and losses sustained in prior years, but not previously reimbursed, in carrying out the provisions of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 1988 (a)), $107,276,000. For loans to be insured, or made to be sold and insured, under this fund in accordance with and subject to the provisions of 7 U.S.C. 1928 and 86 Stat. 661–664, as follows: water and sewer facility loans, $900,000,000; guaranteed industrial development loans, $1,100,000,000; and community facility loans, $250,000,000. rural water and waste disposal grants For grants pursuant to sections 306(a)(2) and 306(a)(6) of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 1926), $282,500,000 to remain available until expended, pursuant to section 306(d) of the above Act. very low-income housing repair grants For grants to the elderly pursuant to section 504 of the Housing Act of 1949, as amended, $19,000,000. rural housing for domestic farm labor For financial assistance to public nonprofit organizations for housing for domestic farm labor, pursuant to section 516 of the Housing Act of 1949, as amended (42 U.S.C. 1486), $33,000,000. mutual and self-help housing For grants pursuant to section 523(b) (1) (A) of the Housing Act of 1949 (42 U.S.C. 1490c), $13,500,000. 92 STAT. 1084 self-help housing land development fund For direct loans pursuant to section 523(b) (1) (B) of the Housing Act of 1949 (42 U.S.C. 1490c) and related advances, $1,000,000. rural community fire protection grants For grants pursuant to section 404 of the Rural Development Act of 1972, as amended (7 U.S.C. 2654), $3,500,000 to fund up to 50 per centum of the cost of organizing, training, and equipment for rural volunteer fire departments. rural development planning grants For rural development planning grants pursuant to section 306(a) (11) of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 1926(a) (11)), $5,000,000. rural housing supervisory assistance grants For grants pursuant to section 525(a) of the Housing Act of 1949, as amended (42 U.S.C. 1490 (e)) , $2,500,000. rural development grants For grants pursuant to section 310B(c) of the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 1932), $10,000,000. salaries and expenses For necessary expenses of the Farmers Home Administration, not otherwise provided for, in administering the programs authorized by the Consolidated Farm and Rural Development Act (7 U.S.C. 1921–1992), as amended; title V of the Housing Act of 1949, as amended (42 U.S.C. 147l–1490g); the Rural Rehabilitation Corporation Trust Liquidation Act, approved May 3, 1950 (40 U.S.C. 440–444), for administering the loan program authorized by title IIIA of the Economic Opportunity Act of 1964 (Public Law 88–52, approved August 20, 1964), as amended, and such other programs for which Farmers Home Administration has the responsibility for administering, $218,432,000, including $1,746,000 for the coordination of rural development activities as authorized by section 603 of the Rural Development Act of 1972, together with not more than $3,000,000 of the charges collected in connection with the insurance of loans as authorized by section 309(e) of the Consolidated Farm and Rural Development Act, as amended, and section 517(i) of the Housing Act of 1949, as amended, or in connection with charges made on borrowers under section 502(a) of the Housing Act of 1949, as amended: Provided, That, in addition, not to exceed $500,000 of the funds available for the various programs administered by this agency may be transferred to this appropriation for temporary field employment pursuant to the second sentence of section 706 (a) of the Organic Act of 1944 (7 U.S.C. 2225), to meet unusual or heavy workload increases: Provided further, That not to exceed $1,000,000 of this appropriation may be used for employment under 5 U.S.C. 3109.