EXTENSION OF CEILING RENTS.

SEC. 102. EXTENSION OF CEILING RENTS. (a) Removal of 5-Year Limit.—Section 3(a)(2)(A) of the United States Housing Act of 1937 (42 U.S.C. 1437a(a)(2)(A)) is amended by striking “for not more than a 5-year period”. (b) Extension of Previous Ceiling Rents.—Section 3(a)(2)(B) of the United States Housing Act of 1937 (42 U.S.C. 1437a(a)(2)(B)) is amended— (1) by striking the first sentence; and (2) in the last sentence, by striking “for the 5-year period beginning on such date of enactment” and inserting “without time limitation”.