COMMUNITY DEVELOPMENT AUTHORIZATIONS.

SEC. 801. COMMUNITY DEVELOPMENT AUTHORIZATIONS. (a) Community Development Block Grants.—Section 103 of the Housing and Community Development Act of 1974 (42 U.S.C. 5303) is amended by striking the second and third sentences and inserting the following: “For purposes of assistance under section 106, there are authorized to be appropriated $4,000,000,000 for fiscal year 1993 and $4,168,000,000 for fiscal year 1994. (b) Limitation on Loan Guarantees.—The fifth sentence of section 108(a) of the Housing and Community Development Act of 1974 (42 U.S.C. 5308(a)) is amended to read as follows: “Notwithstanding any other provision of law and subject only to the absence of qualified applicants or proposed activities and to the authority provided in this section, to the extent approved or provided in appropriation Acts, the Secretary shall enter into commitments to guarantee notes and obligations under this section with an aggregate principal amount of $2,000,000,000 for fiscal year 1993 and $2,000,000,000 for fiscal year 1994.”. (c) Special Purpose Grants.— (1) Set-aside.—Section 107 of the Housing and Community Development Act of 1974 (42 U.S.C. 5307) is amended by striking “Sec. 107. (a)” and all that follows through the end of subsection (a) and inserting the following: “Sec. 107. (a) Set-Aside.— “(1) In general.— For each fiscal year (except as otherwise provided in this paragraph), of the total amount provided in appropriation Acts under section 103 for the fiscal year, $60,000,000 shall be set aside for grants under subsection (b) for such year for the following purposes: “(A) $7,000,000 shall be available for grants under subsection (b)(1); “(B) $6,500,000 shall be available for grants under subsection (b)(3); “(C) $6,000,000 shall be available for grants under subsection (b)(5); “(D) $6,000,000 shall be available in fiscal year 1993 for grants under subsection (b)(7); “(E) $3,000,000 shall be available for grants under subsection (c); “(F) such sums as may be necessary shall be available for grants under paragraphs (2), (4), and (6) of sub-section (b); “(G) $2,000,000 shall be available in fiscal year 1993 for a grant to the City of Bridgeport, Connecticut, subject to the approval of sufficient amounts in an appropriation Act and to binding commitments made by the City of 106 STAT. 3844Bridgeport and the State of Connecticut that the city and State, respectively, will supplement such amount with $2,000,000 of additional funds; “(H) $15,000,000 shall be available for grants under the Removal of Regulatory Barriers to Affordable Housing Act of 1992; and “(I) $7,500,000 shall be available to carry out the Community Outreach Partnership Act of 1992. “(2) Treatment of grants.—Any grants made under this section shall be in addition to any other grants that may be made under this title to the same entities for the same purposes.”. (2) Other purposes.— Section 107(b) of the Housing and Community Development Act of 1974 (42 U.S.C. 5307(b)) is amended— (A) in paragraph (3), by striking “and” at the end; (B) in paragraph (4), by striking the period at the end and inserting a semicolon; and (C) by adding at the end the following: “(5) to States and units of general local government and institutions of higher education having a demonstrated capacity to carry out eligible activities under this title, except that the Secretary may make a grant under this paragraph only to a State or unit of general local government that jointly, with an institution of higher education, has prepared and submitted to the Secretary an application for such grant, as the Secretary shall by regulation require; “(6) to units of general local government in non entitlement areas for planning community adjustments and economic diversification activities, which may include any eligible activities under section 105, required— “(A) by the proposed or actual establishment, realignment, or closure of a military installation, “(B) by the cancellation or termination of a Department of Defense contract or the failure to proceed with an approved major weapon system program, or “(C) by a publicly announced planned major reduction in Department of Defense spending that would directly and adversely affect a unit of general local government and will result in the loss of 1,000 or more full-time Department of Defense and contractor employee positions over a 5-year period in the unit of general local government and the surrounding area, or if the Secretary (in consultation with the Secretary of Defense) determines that an action described in subparagraph (A), (B), or (C), is likely to have a direct and significant adverse consequence on the unit of general local government; and “(7) for the purposes of rebuilding and revitalizing distressed areas of the Los Angeles metropolitan area.”. (3) Regulations.—Not later than the expiration of the 60-day period beginning on the date of the enactment of this Act, the Secretary of Housing and Urban Development shall issue proposed regulations to carry out section 107(b)(6) of the Housing and Community Development Act of 1974, as added by subsection (c)(2) of this section. The Secretary shall issue final regulations to carry out section 107(b)(6) not later than the expiration of the 120-day period beginning on the 106 STAT. 3845date of the enactment of this Act and after notice and opportunity for public comment pursuant to the provisions of section 553 of title 5, United States Code (notwithstanding subsections (a)(2), (b)(B), and (d)(3) of such section). Such final regulations shall take effect 30 days after issuance. (4) Conforming amendment.—Section 107(c) of the Housing and Community Development Act of 1974 (42 U.S.C. 5307(c)) is amended by striking “to the extent” and all that follows up to “grants to institutions” and inserting “make”. (d) Grant Activities.—The special purpose grant of the City of Dubuque, Iowa, under Public Law 102–139 may be used for land acquisition, new construction, relocation assistance payments, and rehabilitation for housing of low- and moderate-income families.