Pub. L. 110-161, div. K, tit. II, sec. 221

Sec. 221. The National Housing Act is amended—(1) in sections 207(c)(3), 213(b)(2)(B)(i), 221(d)(3)(ii)(II), 221(d)(4)(ii)(II), 231(c)(2)(B), and 234(e)(3)(B) (12 U.S.C. 1713(c)(3), 1715e(b)(2)(B)(i), 1715l(d)(3)(ii)(II), 1715l(d)(4)(ii)(II), 1715v(c)(2)(B), and 1715y(e)(3)(B))—(A) by striking “140 percent” each place such term appears and inserting “170 percent”; and(B) by striking “170 percent in high cost areas” each place such term appears and inserting “215 percent in high cost areas”; and(2) in section 220(d)(3)(B)(iii)(III) (12 U.S.C. 1715k(d)(3)(B)(iii)(III)) by striking “206A” and all that follows through “project-by-project basis” and inserting the following: “206A of this Act) by not to exceed 170 percent in any geographical area where the Secretary finds that cost levels so require and by not to exceed 170 percent, or 215 percent in 121 STAT. 2437 high cost areas, where the Secretary determines it necessary on a project-by-project basis”.