FLEXIBLE SUBSIDY PROGRAM.

SEC. 408. FLEXIBLE SUBSIDY PROGRAM. (a) Authorization of Appropriations.—Section 201(j)(5) of the Housing and Community Development Amendments of 1978 (12 U.S.C. 1715z–1a(i)(5)) is amended to read as follows: “(5) There is authorized to be appropriated for assistance under the flexible subsidy fund not to exceed $52,200,000 for fiscal year 1993 and $54,392,400 for fiscal year 1994.”. (b) Use of Section 236 Rental Assistance Fund Amounts for Flexible Subsidy Payments.—Section 236(f)(3) of the National Housing Act (12 U.S.C. 1715z–1a(f)(3)) is amended by striking “September 30,1992” and inserting “September 30, 1994”.