AUTHORIZATION OF APPROPRIATIONS.

SEC. 105. AUTHORIZATION OF APPROPRIATIONS. (a) Special Risk Insurance Fund.—Section 238(b) of the National Housing Act (12 U.S.C. 1715z-3(b)) is amended by striking the fifth sentence. (b) General Insurance Fund.—Section 519 of the National Housing Act (12 U.S.C. 1735c) is amended— (1) by striking subsection (f); and (2) by redesignating subsection (g) (as added by section 103(g)(2) of this Act) as subsection (f). (c) Multifamily Insurance Fund Appropriations.—Title V of the National Housing Act (12 U.S.C. 1731a et seq.) is amended by adding after section 541 (as added by section 101(e) of this Act) the following new section: “SEC. 542. AUTHORIZATION OF APPROPRIATIONS FOR GENERAL AND SPECIAL RISK INSURANCE FUNDS. “There are authorized to be appropriated such sums as may be necessary for each of fiscal years 1994 and 1995, to be allocated in any manner that the Secretary determines appropriate, for the following costs incurred in conjunction with programs authorized under the General Insurance Fund, as provided by section 519, and the Special Risk Insurance Fund, as provided by section 238: “(1) The cost to the Government, as defined in section 502 of the Congressional Budget Act, of new insurance commitments. “(2) The cost to the Government, as defined in section 502 of the Congressional Budget Act, of modifications to existing loans, loan guarantees, or insurance commitments. “(3) The cost to the Government, as defined in section 502 of the Congressional Budget Act, of loans provided under section 203(f) of the Housing and Community Development Amendments of 1978. “(4) The costs of the rehabilitation of multifamily housing projects (as defined in section 203(b) of the Housing and Community Development Amendments of 1978) upon disposition by the Secretary.”.