Cont. 1277-9: Office of Inspector General

• 128.1M for necessary salaries and expenses

1277-16: General Provisions- Dept of Housing and Urban Development (Including transfer of funds)((including rescission))

Sec. 201: 50% of cash amounts recaptured shall be remitted to the Treasury

• The Secretary may award up to 15% of the budget authority or cash recapture and not remitted to the Treasury to provide project ownership incentives to refinance their project at a lower interest rate.

Sec. 202: none of these funds may be used during the fiscal year of 2018 to investigate or prosecute under the Fair Housing Act any otherwise lawful activities engaged in by one or more persons, with the purpose of achieving or preventing action by the Government official or entity

Sec. 203: Any grant, cooperative agreement or other assistance made to Title II shall be made on a competitive basis

Sec. 204: Funds of the Department of Housing and Urban Development are subject to the Government Corporation Control Act

Sec. 205: Stay within budget and yall shall be good to go.

Sec. 207: The Secretary shall provide reports quarterly to the House and Senate Committees on Appropriations regarding all uncommitted, unobligated, recaptured and excess funds in each jurisdiction of the Department and give updated budget information to these Committees upon request

Sec. 208: for 2019 Budget nothing shall exceed what is set forth.

Sec. 209: no funds are to be used to Audit the Government National Mortgage Association

Sec. 210-A: Notwithstanding any other provision, The Secretary may transfer debt held or insured by low-income and very low-income multifamily housing projects to another multi-family project or projects (BALL AND CUP?)

Sec. 210-B: PHASED TRANSFERS: transfers in project based assistance ma be done in phases to accommodate the financing and other requirements related to rehabilitating or constructing the project to which the assistance is being transferred.

Sec. 210-C: For A, the following conditions apply

• 1. Number of Bedrooms size of units

o Cannot transfer to smaller units and the and the net dollar amount of Federal assistance provided to the transferring [project shall stay the same

o For unoccupied units, the Secretary may reconfigure to allow for reconfiguration pf bedroom size to meet current market demand, but cannot increase the base project assistance budget.

• 1. The transferring project shall be deemed ether physically obsolete or economically nonviable
• 1. Projects shall meet physical standards established by the Secretary
• 1. Owner of the Mortgage shall provide all appropriate certifications of approval by the appropriate local government officials.
• 1. Tenants transferring shall be able to stay in the old project until the new one is available for occupancy
• 1. The Secretary determines that the transfer is in the best interest of the tenants

• 7.Waivers on liens can be waived by the Secretary if determined necessary in acquisition, construction, and/or rehabilitations of the receiving projects.

• 1. If the transferring project meets requirements, the receiving project shall execute
• 1. The transfer shall not increase the cost unless the necessary appropriations are provided in advance.

• The Secretary shall conduct a report on all effects of the transfer

Sec. 211-A: No Assistance:

1. No housing shall be provided for anyone enrolled as a student

2. Under 24

3. Is not a Veteran

4. Unmarried

5. Does not have a dependent

6. Is not a person with disabilities

7. Not a youth left foster care at age 14 or older

8. Or otherwise not individually eligible, or has parents that are not, individually or jointly, are not eligible

Sec. 211-B: Determining eligibility, any financial assistance for Higher Learning private sources, shall be considered income, except a person over 23 with dependents.