Laws: Cases and Codes : U.S. Code : Title 12 : Section 1701z-3


   
U.S. Code as of: 01/19/04
Section 1701z-3. Experimental housing allowance payment program

    (a) Purpose of payments
      The Secretary is authorized to undertake on an experimental basis
    programs to demonstrate the feasibility of providing housing
    allowance payments to assist families in meeting rental or
    homeownership expenses.
    (b) Termination date of payments; termination date for contracts;
      contracts for performance of administrative functions
      (1) No housing allowance payments shall be made after July 1,
    1985. After January 1, 1975, the Secretary shall not enter into
    contracts under the United States Housing Act of 1937 [42 U.S.C.
    1437 et seq.] to carry out the purposes of this section. The
    Secretary may contract with public or private agencies for the
    performance of administrative functions in connection with the
    programs authorized by this section.
      (2) Notwithstanding the provisions of paragraph (1), the
    Secretary shall, to the extent approved in appropriation Acts,
    extend the annual contributions contracts for the experimental
    housing allowance supply program through September 30, 1989, on the
    same terms and conditions as the original contracts, for the sole
    purpose of providing assistance for homeowners participating in
    such program on June 1, 1983. In extending such contracts, the
    Secretary may, to the extent approved in appropriation Acts, use
    authority available under section 5(c) of the United States Housing
    Act of 1937 [42 U.S.C. 1437c(c)].
    (c) Report to Congress
      The Secretary shall report to the Congress on his findings
    pursuant to this section not later than eighteen months after
    August 22, 1974.



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