repeal of new construction authority

repeal of new construction authority Sec. 209. (a) The United States Housing Act of 1937 is amended as follows: (1) Section 8(a) is amended by striking out “, newly constructed, and substantially rehabilitated”. (2) Section 8(b)(2) is repealed. (3) Section 8(e) of such Act is amended by striking out paragraphs (1), (2), and (3) and by redesignating paragraphs (4) and (5) as paragraphs (1) and (2), respectively. (4) Section 8(i) of such Act is repealed. (5) Section 8 of such Act is amended by striking out subsections (l) and (m). (6) Section 8(n) of such Act is amended by striking out “(e)(5) and subsection (i)” and inserting in lieu thereof “(e)(2)”. (b) The amendments made by subsection (a) shall take effect on October 1, 1983, except that the provisions repealed shall remain in effect— (1) with respect to any funds obligated for a viable project under section 8 of the United States Housing Act of 1937 prior to January 1, 1984; and (2) with respect to any project financed under section 202 of the Housing Act of 1959.