EXCEPTION TO ANNUAL CURRENT INCOME DETERMINATION REQUIREMENT WHERE DETERMINATION NOT RELEVANT.

SEC. 3010. EXCEPTION TO ANNUAL CURRENT INCOME DETERMINATION REQUIREMENT WHERE DETERMINATION NOT RELEVANT.(a) In General.—Subparagraph (A) of section 142(d)(3) is amended by adding at the end the following new sentence: “The preceding sentence shall not apply with respect to any project for any year if during such year no residential unit in the project is occupied by a new resident whose income exceeds the applicable income limit.”.(b) Effective Date.—The amendment made by this section shall apply to years ending after the date of the enactment of this Act.