EXPANSION OF COAST GUARD HOUSING AUTHORITIES.

SEC. 207. EXPANSION OF COAST GUARD HOUSING AUTHORITIES.(a) Eligible Entity Defined.—Section 680 of title 14, United States Code, is amended—(1) by redesignating paragraphs (3) and (4) in order as paragraphs (4) and (5); and(2) by inserting after paragraph (2) the following:“(3) The term ‘eligible entity’ means any private person, corporation, firm, partnership, or company and any State or local government or housing authority of a State or local government.”.(b) Direct Loans for Providing Housing.—Section 682 of title 14, United States Code, is amended—(1) in the section heading by striking “Loan guarantees” and inserting “Direct loans and loan guarantees”;(2) by redesignating subsections (a) and (b) as (b) and (c) respectively;(3) by inserting before subsection (b) (as so redesignated) the following:“(a) Direct Loans.—(1) Subject to subsection (c), the Secretary may make direct loans to an eligible entity in order to provide funds to the eligible entity for the acquisition or construction of housing units that the Secretary determines are suitable for use as military family housing or as military unaccompanied housing.“(2) The Secretary shall establish such terms and conditions with respect to loans made under this subsection as the Secretary considers appropriate to protect the interests of the United States, including the period and frequency for repayment of such loans and the obligations of the obligors on such loans upon default.”;(4) in subsection (b) (as so redesignated) by striking “subsection (b),” and inserting “subsection (c),”; and(5) in subsection (c) (as so redesignated)—(A) in the heading by striking “Guarantee”; and(B) by striking “Loan guarantees” and inserting “Direct loans and loan guarantees”.(c) Limited Partnerships With Eligible Entities.—Section 684 of title 14, United States Code, is amended—(1) in the section heading by striking “nongovernmental” and inserting “eligible”;(2) in subsection (a) by striking “nongovernmental” and inserting “eligible”;(3) in subsection (b)(1) by striking “a nongovernmental” and inserting “an eligible”;(4) in subsection (b)(2) by striking “a nongovernmental” and inserting “an eligible”; and(5) in subsection (c) by striking “nongovernmental” and inserting “eligible”.(d) Housing Demonstration Projects in Alaska.—Section 687(g) of title 14, United Sates Code, is amended—(1) in the heading by striking “Project” and inserting “Projects”;118 STAT. 1035(2) in paragraph (1) by striking “a demonstration project” and inserting “demonstration projects”;(3) in paragraph (1) by striking “Kodiak, Alaska;” and inserting “Kodiak, Alaska, or any other Coast Guard installation in Alaska;”;(4) in paragraph (2) by striking “the demonstration project” and inserting “such a demonstration project”; and(5) in paragraph (4) by striking “the demonstration project” and inserting “such demonstration projects”.(e) Differential Lease Payments.—Chapter 18 of title 14, United States Code, is amended by inserting after section 687 the following:“§ 687a. Differential lease payments “Pursuant to an agreement entered into by the Secretary and a lessor of military family housing or military unaccompanied housing to members of the armed forces, the Secretary may pay the lessor an amount, in addition to the rental payments for the housing made by the members, as the Secretary determines appropriate to encourage the lessor to make the housing available to members of the armed forces as military family housing or as military unaccompanied housing.” .(f) Clerical Amendment.—The table of sections at the beginning of chapter 18 of title 14, United States Code, is amended—(1) by striking the item related to section 682 and inserting the following: “682. Direct loans and loan guarantees.”; (2) in the item related to section 684 by striking “nongovernmental” and inserting “eligible”; and(3) by inserting after the item related to section 687 the following: “687a. Differential lease payments.”.