ELIGIBLE ACTIVITIES.

SEC. 447. ELIGIBLE ACTIVITIES.Section 423(a) of the Stewart B. McKinney Homeless Assistance Act (42 U.S.C. 11383(a)) is amended— (1) in paragraph (3), by inserting before the period at the end the following: “, and for operating costs for permanent housing for handicapped homeless persons, not to exceed 50 percent of the annual operating costs of such housing for the first year of operation, and not to exceed 25 percent of such costs for the second year of operation”; and (2) by adding at the end the following: “A recipient may receive assistance under both paragraphs (1) and (2).” .