REPORT ON ALLOCATION FORMULAS.

SEC. 484. REPORT ON ALLOCATION FORMULAS. The Secretary of Housing and Urban Development shall— (1) examine whether an alternative system of distributing funds under title IV of the Stewart B. McKinney Homeless Assistance Act would be feasible to ensure that the funds are provided to the jurisdictions with the greatest need of assistance for the homeless; and (2) not later than March 1, 1989, transmit to the Congress a report on such examination.