Full text of Budget of the United States Government - Appendix : Fiscal Year 2002 : Department of Housing and Urban Development

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
This chapter presents the budget estimates and program
justifications for the Department of Housing and Urban Development (HUD). HUD’s core mission is to promote adequate
and affordable housing, economic opportunity and a suitable
living environment free from discrimination. The 2002 Budget
for HUD reflects initial implementation of a multi-year comprehensive reform effort which will enhance the effectiveness
of programs, reduce high unobligated and obligated balances,
and return HUD to its core mission. Congress has provided
significant increases in several HUD programs over the past
two years.
The 2002 budget provides for three grant programs which
will serve HUD’s fundamental affordable housing and economic development missions. Community Development Block
Grants (CDBG) will be increased to initiate a Community
Technology Centers program building on HUD’s existing
neighborhood network program. In addition, a new initiative
will be funded to improve access by disabled persons to religiously affiliated and community based facilities that are exempt from the requirements of Americans with Disabilities
Act. The Self-Help Opportunities Program (SHOP) is increased by more than 10 percent in an effort to accelerate
home ownership by low-income families.
The HOME Investment Partnerships Program will include
$200 million in targeted grants to increase first-time home
ownership by lower-income families. New home buyers will
receive down payment assistance.
The 2002 budget includes 34,000 incremental vouchers that
will help address the severe housing needs of low-income
households. These vouchers are necessary to address the substantial number of families nationwide which have worst case
needs for housing assistance: extremely-low income families
currently paying more than half their income for rent or
living in severely inadequate conditions. In addition, this Administration reaffirms the long-held commitment to renew
all expiring Section 8 contracts, to protect residents from displacement by substantially increasing funding for Section 8
renewals, to provide Section 8 tenant-based assistance for
displaced families, and for the replacement of affordable housing due to opt-outs from the project-based Section 8 program.
The Administration also continues its support for the Department’s successful Housing for Persons With HIV/AIDS
program (HOPWA) by providing increased funding to prevent
thousands of persons with HIV/AIDS from becoming homeless. This increase is necessary to continue to provide stable
housing and services in existing local programs and fund new
jurisdictions as they become eligible for formula funding due
to the continued increase in the number of AIDS cases.
The Housing for the Elderly program (under Section 202
of the Housing Act of 1959) will be increased in 2002 to
fully provide for the renewal of contracts to assist rental
of low-income elderly units. This is the first year that contracts for assistance will be renewed. The Housing for Persons
with Disabilities Program (under Section 811 of the National
Affordable Housing Act of 1990) will also receive additional
funding to renew contracts for rental assistance in this program.
The budget will increase the Federal Housing Administration’s (FHA) maximum mortgage loan limits for multi-family
projects. In addition, the budget authorizes FHA to develop
new adjustable rate mortgage products. These provisions will
provide much-needed credit assistance to first-time homebuyers, minorities, and other underserved populations.

Increased funding for the Fair Housing Assistance and Fair
Housing Initiatives programs (FHAP and FHIP) will strengthen the ability of public and private fair housing groups, and
partnerships between them, to enforce the laws protecting
all Americans against illegal housing discrimination. Funds
dedicated in past budgets to completing a national survey
of housing discrimination will be redirected in 2002 to both
FHIP and FHAP, increasing total anti-discrimination activities by almost 20 percent.
In order to ensure the effective implementation of its programs, the Department’s Office of Policy Development and
Research (PD&R) will be provided with funds necessary to
ensure timely provision of data, research and analysis of national housing and economic conditions, and to measure the
performance of programs, consistent with the Government
Performance and Results Act of 1994.
The Department will initiate a number of reforms in 2002
to refocus HUD on its core mission and key programs. The
first in a series of planned reforms to improve program performance is to ensure that programs receive funding when
it is needed. Several programs have built up large amounts
of unobligated and obligated balances, including the Public
Housing Capital Fund and Section 8. Hence, these programs
will not receive last year’s levels until these balances are
brought down to reasonable levels.
In addition, duplicative and low-impact programs will be
terminated. The Department is initiating full-scale reviews
of other programs as well. Public Housing Drug Elimination
Grants, which duplicates Public Housing Operating and Capital Funds, and a rural economic development program, which
duplicates numerous USDA programs dedicated to rural development, will be terminated. Management reforms are a
top priority for the new HUD. Inadequate systems have weakened HUD’s ability to monitor lenders that use HUD’s guarantees and resulted in several material weaknesses identified
in the FHA financial audit. A fraudulent scheme known as
property flipping also has been discovered. FHA will strengthen the integrity of internal systems and controls to eliminate
the need for foreclosure moratoria or other emergency responses. Actions also include improving loan origination processes and providing better monitoring of lenders and appraisers. HUD will also focus on the long-standing problems of
weak oversight of local housing providers and overpayments
in HUD’s rental assistance programs. Weak oversight of local
agents has reduced the quality of housing services, increased
costs, and reduced the number of households that can be
aided. HUD will improve its management rating instruments
to oversee these agents, making them more outcome-oriented
rather than process-oriented and making other revisions as
recommended by the National Academy of Public Administration. HUD will also undertake reforms to correct overpayments in HUD’s rental assistance program because tenants’
incomes are under reported and rents are improperly calculated or not fully collected. HUD will undertake reforms
to reduce these overpayments including steps to ensure that
local agencies and landlords can correctly calculate the rent
owed based on program rules, full implementation of HUD’s
existing authority to match tenant-reported incomes with IRS
records, and more accurate and full reporting by local housing
agencies of tenant characteristics for all assisted tenants.
481

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482

PUBLIC AND INDIAN HOUSING
Federal Funds

THE BUDGET FOR FISCAL YEAR 2002

PUBLIC AND INDIAN HOUSING
Federal Funds
General and special funds:
HOUSING CERTIFICATE FUND
(INCLUDING

TRANSFERS OF FUNDS)

For activities and assistance to prevent the involuntary displacement of low-income families, the elderly and the disabled because
of the loss of affordable housing stock, expiration of subsidy contracts
(other than contracts for which amounts are provided under another
heading in this Act) or expiration of use restrictions, or other changes
in housing assistance arrangements, and for other purposes,
ø$13,940,907,000¿ $15,717,392,000 and amounts that are recaptured
in this account to remain available until expended: Provided, That
of the total amount provided under this heading, ø$13,430,000,000,
of which $9,230,000,000 shall be available on October 1, 2000 and
$4,200,000,000 shall be available on October 1, 2001,¿
$15,506,746,000 shall be for assistance under the United States Housing Act of 1937 (‘‘the Act’’ herein) (42 U.S.C. 1437): Provided further,
That the budget authority (but not the outlays) for $4,200,000,000
provided under this heading in fiscal year 2001, to be available as
an advance appropriation in fiscal year 2002, shall be considered
direct spending in fiscal year 2002 for purposes of the Balanced Budget and Emergency Deficit Control Act of 1990, as amended, and section
2(a) of Public Law 106–554: Provided further, That the foregoing
amounts shall be for use in connection with expiring or terminating
section 8 subsidy contracts, for amendments to section 8 subsidy
contracts, for enhanced vouchers (including amendments and renewals) under any provision of law authorizing such assistance under
section 8(t) of the United States Housing Act of 1937 (47 U.S.C.
1437f(t)), contract administrators, and contracts entered into pursuant to section 441 of the øStewart B.¿ McKinney-Vento Homeless
Assistance Act: Provided further, That amounts available under the
first proviso under this heading shall be available for section 8 rental
assistance under the Act: (1) for the relocation and replacement of
housing units that are demolished or disposed of pursuant to øsection
24 of the United States Housing Act of 1937 or to other authority
for the revitalization of severely distressed public housing, as set
forth in the Appropriations Acts for the Departments of Veterans
Affairs and Housing and Urban Development, and Independent Agencies for fiscal years 1993, 1994, 1995, and 1997, and in¿ the Omnibus
Consolidated Rescissions and Appropriations Act of 1996; (2) for the
conversion of section 23 projects to assistance under section 8; (3)
for funds to carry out the family unification program; (4) for the
relocation of witnesses in connection with efforts to combat crime
in public and assisted housing pursuant to a request from a law
enforcement or prosecution agency; (5) for tenant protection assistance, including replacement and relocation assistance; and (6) for
the 1-year renewal of section 8 contracts for units in a project that
is subject to an approved plan of action under the Emergency Low
Income Housing Preservation Act of 1987 or the Low-Income Housing
Preservation and Resident Homeownership Act of 1990: Provided further, That of the total amount provided under this heading,
ø$11,000,000 shall be transferred to the Working Capital Fund for
the development and maintenance of¿ up to $13,400,000 shall be
for information technology øsystems¿: ƒProvided further, That of the
total amount provided under this heading, $40,000,000 shall be made
available to nonelderly disabled families affected by the designation
of a public housing development under section 7 of the Act, the
establishment of preferences in accordance with section 651 of the
Housing and Community Development Act of 1992 (42 U.S.C. 1361l),
or the restriction of occupancy to elderly families in accordance with
section 658 of such Act, and to the extent the Secretary determines
that such amount is not needed to fund applications for such affected
families, to other nonelderly disabled families:¿ Provided further,
That of the total amount provided under this heading, ø$452,907,000¿
$197,246,000 shall be made available for incremental vouchers under
section 8 of the United States Housing Act of 1937 on a fair share
basis and administered by public housing agencies: ƒProvided further,
That of the total amount provided under this heading, up to
$7,000,000 shall be made available for the completion of the Jobs
Plus Demonstration:¿ Provided further, That amounts available under
this heading may be made available for administrative fees and other
expenses to cover the cost of administering rental assistance programs under section 8 of the United States Housing Act of 1937:
Provided further, That the fee otherwise authorized under section

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8(q) of such Act shall be determined in accordance with section 8(q),
as in effect immediately before the enactment of the Quality Housing
and Work Responsibility Act of 1998ø: Provided further, That
$1,833,000,000 is rescinded from unobligated balances remaining
from funds appropriated to the Department of Housing and Urban
Development under this heading or the heading ‘‘Annual Contributions for Assisted Housing’’ or any other heading for fiscal year 2000
and prior years: Provided further, That any such balances governed
by reallocation provisions under the statute authorizing the program
for which the funds were originally appropriated shall not be available for this rescission: Provided further, That the Secretary shall
have until September 30, 2001, to meet the rescission in the proviso
preceding the immediately preceding proviso¿: Provided further, That
any obligated balances of contract authority that have been terminated shall be canceled. (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0319–0–1–604

00.01
00.02
00.03
00.04
00.05
00.06
00.07
00.08
00.09
00.10
00.11
00.12
00.13
00.14
00.15
00.16

Obligations by program activity:
Contract renewals ..........................................................
Contract Administrator ..................................................
Relocation & other .........................................................
Preservation ...................................................................
Section 514 Technical Assistance .................................
Non-Elderly Disabled ......................................................
Welfare to Work ..............................................................
Regional Opportunity Counseling ..................................
Section 8 Amendment ....................................................
Preservation Prepayments ..............................................
Incremental vouchers .....................................................
Other ..............................................................................
Job Plus ..........................................................................
Working Capital Fund ....................................................
Section8 Counseling ......................................................
Relocation/Replacement/Demolition ...............................

10.00

Total new obligations (object class 41.0) ................

2001 est.

2002 est.

8,145
14,935
15,748
137
192
196
209
326
203
1
9 ...................
4
10 ...................
64
56 ...................
281
1 ...................
...................
10 ...................
334
356 ...................
8 ................... ...................
353
452
197
57
433 ...................
...................
7 ...................
...................
11
13
...................
12 ...................
...................
2 ...................
9,593

16,812

16,357

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
3,185
2,948
643
New budget authority (gross) ........................................
4,852
12,082
19,917
Resources available from recoveries of prior year obligations .......................................................................
3,810
2,427 ...................
22.21 Unobligated balance transferred to other accounts ...................
¥2 ...................
22.22 Unobligated balance transferred from other accounts
725 ................... ...................
21.40
22.00
22.10

23.90
23.95
23.98
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................
Unobligated balance carried forward, end of year .......

12,572
17,455
¥9,593
¥16,812
¥31 ...................
2,948
643

20,560
¥16,357
¥3
4,200

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
7,177
9,741
15,717
40.36
Unobligated balance rescinded .................................
¥2,253
¥1,833 ...................
40.76
Reduction pursuant to P.L. 106–113 .......................
¥72 ................... ...................
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................
¥17 ...................
43.00
55.00
55.77
55.90

Appropriation (total discretionary) ........................
4,852
Advance appropriation .............................................. ...................
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

60.00
60.49
65.00

Advance appropriation (total discretionary) .........
Mandatory:
Appropriation .............................................................
Portion applied to liquidate contract authority ........
Advance appropriation ..............................................

70.00

Total new budget authority (gross) ..........................

4,852

12,082

19,917

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

12,174

46,154

43,884

72.99
73.10
73.20
73.32
73.45
74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Obligated balance transferred from other accounts
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

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...................

7,891
15,717
4,200 ...................
¥9 ...................
4,191 ...................

...................
3,000
...................
¥3,000
................... ...................

3,000
¥3,000
4,200

12,174
46,154
43,884
9,593
16,812
16,357
¥15,972
¥16,655
¥17,676
44,169 ................... ...................
¥3,810
¥2,427 ...................
46,154

43,884

42,565

PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
74.99
75.01
75.02

Obligated balance, end of year ............................
46,154
Obligated balance, start of year: Contract authority ...................
Obligated balance, end of year: Contract authority
31,583

43,884
31,583
28,583

42,565
28,583
25,583

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

718
15,254

791
15,864

1,197
16,479

87.00

Total outlays (gross) .................................................

15,972

16,655

17,676

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

4,852
15,972

12,082
16,655

19,917
17,676

The funds requested could support the following activities
for 2002, as shown in the table below.
HOUSING CERTIFICATE FUND
[Budget Authority Request for FY 2002, $ in Millions]
Units

FY 2002:
Incremental Rental Assistance ...............................................
Tenant Protections—Housing .................................................
Contract Administrators ..........................................................
Information Technology/Working Capital Fund .......................
Contract Renewals:
PIH ......................................................................................
CPD-Mod. Rehab. SRO .......................................................
Housing ...............................................................................

Per Unit
Cost

33,700
5,853
30,300
NA
NA
NA
.................... ....................

197
203
196
13

.................... ....................
.................... ....................
....................
NA

10,889
10
4,209

Subtotal, contract renewals ........................................... .................... ....................
Administrative Fees-PIH [non-add] ........................................ ....................
Approx.
Total, FY 2002 Housing Certificate Fund ...................... .................... ....................

other Federal income and other wage data, as authorized
under existing statutes. This will help ensure that housing
assistance is only provided to the extent entitled. It will provide greater assurance that tenants pay the proper amount
of rent as provided under law.
The verification program will reinforce incentives for voluntary reporting of income and the corresponding determination of the rent payment. Actions will include interest charges
on under-payment of rent, additional financial penalties for
very large amounts of under-payments, and routine notification to credit bureaus when amounts remain unpaid. HUD
will amend its administrative procedures to standardized interim reporting policies for when a tenant must report increases and decreases in income. HUD will also streamline
its procedures to easily reconcile these mismatches to actual
income. When new verification procedures are fully implemented, HUD will reduce the existing administrative burden
of paper verification of employment with employers to a sampling basis.
Tenants assessed back rent will be asked to repay the
amount over a reasonable period of time in order to ease
the burden of reimbursement. In subsequent years, HUD envisions a system of reconciliation where tenant reporting
would be routinely reconciled with actual income. Any significant overpayment or underpayment of rent would be adjusted
in the tenant’s future rental payment over the following year.

15,108
[1,100]
15,717

Contract Renewals. Contract renewals provide funding to
renew expiring Section 8 rental assistance contracts covering
certificates, vouchers, and moderate rehabilitation (renewed
as certificates or vouchers), Loan Management, New Construction/Substantial Rehabilitation, Property Disposition,
and Preservation, and contracts authorized under section 441
of the McKinney-Vento Homeless Assistance Act. It also includes $46.4 million to renew funding for Family self-sufficiency coordinators.
Incremental Rental Assistance. For 2002, the Department
is requesting approximately 34,000 incremental vouchers and
$197 million in budget authority.

483

SECTION 8 RESERVE PRESERVATION ACCOUNT
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0316–0–1–604

2001 est.

2002 est.

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Unobligated balance transferred to other accounts

11 ................... ...................
¥11 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

845 ................... ...................

21.40
22.21

72.99
73.31

Obligated balance, start of year ..........................
Obligated balance transferred to other accounts .........

845 ................... ...................
¥845 ................... ...................

Status of Contract Authority (in millions of dollars)
2000 actual

Identification code 86–0319–0–1–604

0100
0340
0400
0700

2001 est.

2002 est.

Balance, start of year .................................................... ...................
31,583
28,583
Unobligated balance transferred ...................................
31,583 ................... ...................
Appropriation to liquidate contract authority ................ ...................
¥3,000
¥3,000
Balance, end of year .....................................................
31,583
28,583
25,583

Public and Indian Housing
Tenant Protection Vouchers. The Housing Certificate fund
supports families living in public and assisted housing units
affected by changes in the status of the units. Income-eligible
families who are affected by the demolition, disposition, revitalization or other capital improvement through no fault of
their own, receive relocation/replacement vouchers through
the Housing Certificate Fund.

Net budget authority and outlays:
Budget authority ............................................................ ................... ................... ...................
Outlays ........................................................................... ................... ................... ...................

The Section 8 Reserve Preservation Account was authorized
by P.L. 105–18. This account contained funds which were
recaptured from project reserve accounts maintained by Housing Authorities nationwide.
All balances in this account were transferred to the Housing
Certificate Fund in 2000.
f

ANNUAL CONTRIBUTIONS FOR ASSISTED HOUSING
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0164–0–1–604

Housing
Tenant Protection Set-Asides. The Housing Certificate Fund
also serves a role in supporting families in FHA-insured, privately owned assisted housing projects affected by changes
in project status. It is intended that income-eligible families
who, through no fault of their own, are affected by HUD’s
management of the multifamily inventory be aided through
the Housing Certificate Fund.
Verifying the right person gets the right benefit.—In 2002,
HUD will continue to verify tenant reported income against

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90.00

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21.40
21.49
21.99

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Unobligated balance carried forward, start of year:
Contract authority .....................................................

2001 est.

2002 est.

766 ................... ...................
17 ................... ...................

22.00
22.21

783 ................... ...................
¥16 ................... ...................
¥766 ................... ...................

23.90

Total budgetary resources available for obligation

1 ................... ...................

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484

PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
ANNUAL CONTRIBUTIONS FOR ASSISTED HOUSING—Continued

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
5 ................... ...................
Outlays ........................................................................... ...................
3 ...................

Program and Financing (in millions of dollars)—Continued
2000 actual

Identification code 86–0164–0–1–604

2001 est.

2002 est.

New budget authority (gross), detail:
Discretionary:
40.36
Unobligated balance rescinded .................................

¥16 ................... ...................

43.00

¥16 ................... ...................

60.00
60.49

Appropriation (total discretionary) ........................
Mandatory:
Appropriation .............................................................
Portion applied to liquidate contract authority ........

3,000 ................... ...................
¥3,000 ................... ...................

70.00

Total new budget authority (gross) ..........................

¥16 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year .........................
72.40
Unpaid obligations, start of year .........................

5,322 ................... ...................
45,098 ................... ...................

72.99
73.31
75.01

89.00
90.00

Obligated balance, start of year ..........................
Obligated balance transferred to other accounts .........
Obligated balance, start of year: Contract authority

Net budget authority and outlays:
Budget authority ............................................................
¥16 ................... ...................
Outlays ........................................................................... ................... ................... ...................

2000 actual

Identification code 86–0164–0–1–604

Balance, start of year ....................................................
Unobligated balance transferred ...................................
Appropriation to liquidate contract authority ................

2001 est.

2002 est.

39,765 ................... ...................
¥36,765 ................... ...................
¥3,000 ................... ...................

The Annual Contributions for Assisted Housing account
provided assistance for low-income housing and various other
programs.
This account has not received an appropriation for several
years. The 2000 Appropriations Act (P.L. 106–74) transferred
the unexpended balances from this account to other accounts.
f

MOVING

WORK

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0331–0–1–451

50,420 ................... ...................
¥50,420 ................... ...................
39,748 ................... ...................

Status of Contract Authority (in millions of dollars)

0100
0340
0400

The Moving-to-Work demonstration provides unprecedented
autonomy and flexibility to a select group of high-performing
public housing authorities (PHAs) in order to assess the potential impacts of Federal deregulation on resident households, housing developments, and local housing programs.
Through waivers of requirements of the 1937 Housing Act,
as amended, and related Federal regulations, participating
PHAs can combine Federal funding allocated for public housing operating subsidy, capital subsidy, and Section 8 certificates and vouchers into a flexible housing assistance fund.
By providing incentives to families that work, are seeking
work, or are preparing for work, PHAs are also allowed to
change administrative procedures and management policies
so they can reallocate resources to better address local housing needs and priorities. No additional funding is being requested for this demonstration.

2001 est.

2002 est.

PUBLIC HOUSING CAPITAL FUND
(INCLUDING

TRANSFERS OF FUNDS)

For the Public Housing Capital Fund øProgram¿ to carry out capital and management activities for public housing agencies, as authorized under section 9 of the United States Housing Act of 1937, as
amended (42 U.S.C. 1437), ø$3,000,000,000¿ $2,293,400,000, to remain available until expended, of which up to ø$50,000,000¿
$41,000,000 shall be for carrying out activities under section 9(h)
of such Act, up to $500,000 shall be for lease adjustments to section
23 projects øand $43,000,000 shall be transferred to the Working
Capital Fund for the development and maintenance of information
technology systems: Provided, That no funds may be used under
this heading for the purposes specified in section 9(k) of the United
States Housing Act of 1937: Provided further, That of the total
amount, up to $75,000,000 shall be available for the Secretary of
Housing and Urban Development to make grants to public housing
agencies for emergency capital needs resulting from emergencies and
natural disasters in fiscal year 2001¿; up to $54,700,000 shall be
for information technology; and up to $14,200,000 shall be for the
provision of remediation services to Public Housing Agencies identified
as ‘‘troubled’’ under the Section 8 Management Assessment Program
and for surveys used to calculate local Fair Market Rents and assess
housing conditions in connection with rental assistance under section
8 of the Housing Act of 1937. (Departments of Veterans Affairs and
Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)

00.01

Obligations by program activity:
JOBS PLUS Initiative ......................................................

5 ................... ...................

10.00

Total new obligations (object class 41.0) ................

5 ................... ...................

Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................
23.95 Total new obligations ....................................................

5 ................... ...................
¥5 ................... ...................

00.01
00.02
00.03

5 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year .............................. ...................
72.99
73.10
73.20
74.40
74.99

86.93

5 ...................

Obligated balance, start of year .......................... ...................
5 ...................
Total new obligations ....................................................
5 ................... ...................
Total outlays (gross) ...................................................... ...................
¥3 ...................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
5 ................... ...................
Obligated balance, end of year ............................

5 ................... ...................

Outlays (gross), detail:
Outlays from discretionary balances ............................. ...................

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3 ...................

Frm 00004

Fmt 3616

Total new obligations (object class 41.0) ................

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................
22.22 Unobligated balance transferred from other accounts
22.75 Balance of contract authority withdrawn ......................
21.40
22.00
22.10

23.90
23.95
24.40

2001 est.

Obligations by program activity:
Capital Grants ...............................................................
3,872
4,529
Technical Assistance ..................................................... ................... ...................
Information Technology .................................................. ................... ...................

10.00
New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

2000 actual

Identification code 86–0304–0–1–604

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

2002 est.

2,183
55
55

3,872

4,529

2,293

2,464
2,884

1,536 ...................
2,993
2,293

268 ................... ...................
52 ................... ...................
¥260 ................... ...................
5,408
4,529
2,293
¥3,872
¥4,529
¥2,293
1,536 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
2,900
3,000
2,293
40.36
Unobligated balance rescinded .................................
¥16 ................... ...................
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................
¥7 ...................

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PsN: HUD

PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
43.00
60.00
60.49
70.00

Appropriation (total discretionary) ........................
2,884
Mandatory:
Appropriation ............................................................. ...................
Portion applied to liquidate contract authority ........ ...................

2,993

2,293

600
¥600

589
¥589

Total new budget authority (gross) ..........................

2,884

2,993

2,293

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

5,201

11,837

12,648

72.99
73.10
73.20
73.32
73.45
74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Obligated balance transferred from other accounts
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99
75.01
75.02

5,201
11,837
12,648
3,872
4,529
2,293
¥3,690
¥3,718
¥3,583
6,722 ................... ...................
¥268 ................... ...................

PUBLIC HOUSING OPERATING FUND
(INCLUDING

TRANSFERS OF FUNDS)

For payments to public housing agencies for the operation and
management of public housing, as authorized by section 9(e) of the
United States Housing Act of 1937, as amended (42 U.S.C. 1437g),
ø$3,242,000,000,¿ $3,384,868,000 to remain available until expended,
of which $10,000,000 shall be provided to the Office of Inspector
General for Operation Safe Home: Provided, That no funds may be
used under this heading for the purposes specified in section 9(k)
of the United States Housing Act of 1937. (Departments of Veterans
Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L.
106–377.)
Program and Financing (in millions of dollars)

11,837

12,648

11,358

Obligated balance, end of year ............................
Obligated balance, start of year: Contract authority
Obligated balance, end of year: Contract authority

11,837
30
4,952

12,648
4,952
4,352

11,358
4,352
3,763

00.01
00.02

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

42
3,648

125
3,593

129
3,454

87.00

Total outlays (gross) .................................................

3,690

3,718

3,583

2000 actual

Identification code 86–0163–0–1–604

2,884
3,690

2,993
3,718

2,293
3,583

The Public Housing Capital Fund, a comprehensive formula-driven program based on need, is designed to respond
to the capital and management improvement requirements
of public housing. The fund is a consolidation of the following
programs: public housing modernization; public housing development; Major Reconstruction of Obsolete Public Housing
Projects (MROP); and public housing amendments.
Of the $2.3 billion requested for the Public Housing Capital
Fund, $2.2 billion will assist housing authorities in carrying
out capital and management activities and is sufficient to
cover the accrual of additional capital needs which has been
estimated at $2.1 billion annually. The $700 million cut to
the Public Housing Capital fund will not reduce the number
of households helped or the quality of assistance provided.
There are over $6 billion in 2000 and prior year unspent
Public Housing Capital balances available for this purpose.
New regulatory tools and funding for demolition and replacement (HOPE VI) can be used to remove failing units from
the public housing inventory. Such units represent a disproportionate share of the backlog. In addition, of the requested amount, up to $41 million is set aside for technical
assistance including inspection of public housing units and
no more than $55 million shall be available for information
technology.
In addition, $14.2 million will be used for program support
and evaluation, such as contracts to determine local fair market rents, assessment of Section 8 housing conditions, and
towards remediation efforts for Public Housing Agencies designated as ‘‘troubled.’’
Status of Contract Authority (in millions of dollars)
2000 actual

Identification code 86–0304–0–1–604

0100
0340
0400
0600
0700

2001 est.

2002 est.

Balance, start of year ....................................................
30
4,952
4,352
Unobligated balance transferred ...................................
5,182 ................... ...................
Appropriation to liquidate contract authority ................ ...................
¥600
¥589
Balance of contract authority withdrawn ......................
¥260 ................... ...................
Balance, end of year .....................................................
4,952
4,352
3,763

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Total new obligations (object class 41.0) ................

21.40
22.00
22.10

23.90
23.95
24.40

2001 est.

Obligations by program activity:
Operating Subsidy ..........................................................
3,103
3,290
Operation Safe Home ..................................................... ................... ...................

10.00

Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

485

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

2002 est.

3,375
10

3,103

3,290

3,385

12
3,138

55 ...................
3,235
3,385

8 ................... ...................
3,158
3,290
3,385
¥3,103
¥3,290
¥3,385
55 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
3,138
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

3,242
3,385
¥7 ...................

43.00

Appropriation (total discretionary) ........................

3,138

3,235

3,385

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

1,412

1,671

1,744

72.99
73.10
73.20
73.45
74.40

74.99

1,412
1,671
1,744
3,103
3,290
3,385
¥2,836
¥3,217
¥3,336
¥8 ................... ...................
1,671

1,744

1,793

Obligated balance, end of year ............................

1,671

1,744

1,793

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

1,437
1,399

1,553
1,664

1,625
1,711

87.00

Total outlays (gross) .................................................

2,836

3,217

3,336

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

3,138
2,836

3,235
3,217

3,385
3,336

Operating subsidies are provided to public housing authorities (PHAs) to assist in funding the operation and maintenance expenses of public housing units in accordance with
Section 9(e) of the United States Housing Act of 1937, as
amended. The annual subsidy requirements shown reflect efforts to date to develop a new formula for the allocation
of operating subsidies using regulatory negotiations as required by the Quality Housing and Work Responsibility Act
of 1998. It is anticipated that sufficient funds will be available
to provide 100 percent of subsidy requirements in 2002.
The following tables display the sources of housing authorities’ expected revenue and expenditures by category for 2002.
The distribution is based on historical data reported by housing authorities to HUD on the Statement of Operating Receipts and Expenditures.

Sfmt 3616

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PsN: HUD

486

PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
PUBLIC HOUSING OPERATING FUND—Continued
(INCLUDING

TRANSFERS OF FUNDS)—Continued

Table 1. Sources of Housing Authorities’ Operating Revenue (in millions of dollars)
Category

Annual
income

Percent of
total

Operating Subsidies .......................................................................................
Dwelling Rental ..............................................................................................
Investment .....................................................................................................
Other Income ..................................................................................................

$3,385
$2,572
$125
$318

53%
40%
2%
5%

Total, Operating Revenue .................................................................

6,400

100%

Operating Subsidies.—Represent HUD’s contributions to a
housing authority’s operating budget. Under the current formula-based approach, HUD sets a formula-determined allowable expense level (AEL) for each PHA and separately computes utility and audit costs. The PHA’s dwelling rental income is also projected and the subsidy is the difference between the projected AEL, utility, and audit expenses and
projected dwelling rental income.
Dwelling Rental.—Income derived from tenants’ rents.
Investment Income.—Income from interest earned on general fund investments.
Other Income.—Includes income from other sources such
as renting rooftop space for signs or broadcasting and from
operating services for tenants, such as laundromats or day
care centers.
Table 2. Housing Authorities’ Operating Expenditures (in millions of dollars)
Category

Annual
expenditures

Percent of
total

Utilities ...........................................................................................................
Administration ................................................................................................
General Operating Expenses ..........................................................................
Maintenance ...................................................................................................
Tenant Services ..............................................................................................
Protective Services .........................................................................................
Capital Expenditures ......................................................................................
Operating Reserve ..........................................................................................

$1,344
1,280
1,088
1,984
64
192
128
320

21%
20%
17%
31%
1%
3%
2%
5%

Total, Operating Expenses ................................................................

6,400

100%

Utilities.—Includes water, sewer, electricity, gas, fuel, and
related labor expenses.
Administration.—Includes administrative salaries, legal expenses, staff training, travel, accounting fees, auditing fees,
sundry, and outside management costs.
General Operating Expenses.—Includes insurance, payments
made to local governments in lieu of taxes, terminal leave
payments, employees benefit contributions, collection losses,
interest on administrative and sundry notes, and other general expenses.
Ordinary Maintenance and Operations.—Consists of expenses for labor, materials, contracts and garbage fees associated with the day-to-day operation of the public housing authority.
Tenant Services.—Cover salaries, recreation, publication,
contract costs, training, and other expenses.
Protective Services.—Includes expenses for labor, materials,
and contract costs.
Capital Expenditures.—Includes extraordinary maintenance, casualty losses, and property betterments (e.g. roofs
and furnaces).
Operating reserves.—Provides working capital funds and is
a reserve for emergencies.

ø(INCLUDING

FOR

LOW-INCOME HOUSING

TRANSFERS OF FUNDS)¿

øFor grants to public housing agencies and Indian tribes and their
tribally designated housing entities for use in eliminating crime in

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Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0197–0–1–604

2001 est.

2002 est.

00.01
00.02
00.03
00.04

Obligations by program activity:
Direct program ...............................................................
Federally Assisted Housing ............................................
Operation Safe Home .....................................................
New Approach Anti-Drug Program .................................

383
17
22
18

402
35
30
51

10.00

Total new obligations (object class 41.0) ................

440

518 ...................

21.40

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year

322

209 ...................

322
310

209 ...................
309 ...................

21.99
22.00
22.10

...................
...................
...................
...................

17 ................... ...................

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

649
518 ...................
¥440
¥518 ...................
209 ................... ...................

24.99

Total unobligated balance carried forward, end of
year .......................................................................

209 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
310
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

310 ...................
¥1 ...................

43.00

Fmt 3616

Appropriation (total discretionary) ........................

310

309 ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

DRUG ELIMINATION GRANTS

public housing projects authorized by 42 U.S.C. 11901–11908, for
grants for federally assisted low-income housing authorized by 42
U.S.C. 11909, and for drug information clearinghouse services authorized by 42 U.S.C. 11921–11925, $310,000,000, to remain available
until expended: Provided, That of the total amount provided under
this heading, up to $3,000,000 shall be solely for technical assistance,
technical assistance grants, training, and program assessment for
or on behalf of public housing agencies, resident organizations, and
Indian tribes and their tribally designated housing entities (including
up to $150,000 for the cost of necessary travel for participants in
such training) for oversight, training and improved management of
this program, $2,000,000 shall be available to the Boys and Girls
Clubs of America for the operating and start-up costs of clubs located
in or near, and primarily serving residents of, public housing and
housing assisted under the Native American Housing Assistance and
Self-Determination Act of 1996, and $10,000,000 shall be used in
connection with efforts to combat violent crime in public and assisted
housing under the Operation Safe Home Program administered by
the Inspector General of the Department of Housing and Urban Development: Provided further, That of the amount under this heading,
$10,000,000 shall be provided to the Office of Inspector General for
Operation Safe Home: Provided further, That of the amount under
this heading, $20,000,000 shall be available for the New Approach
Anti-Drug program which will provide competitive grants to entities
managing or operating public housing developments, federally assisted multifamily housing developments, or other multifamily housing developments for low-income families supported by non-Federal
governmental entities or similar housing developments supported by
nonprofit private sources in order to provide or augment security
(including personnel costs), to assist in the investigation and/or prosecution of drug-related criminal activity in and around such developments, and to provide assistance for the development of capital improvements at such developments directly relating to the security
of such developments: Provided further, That grants for the New
Approach Anti-Drug program shall be made on a competitive basis
as specified in section 102 of the Department of Housing and Urban
Development Reform Act of 1989.¿ (Departments of Veterans Affairs
and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–
377.)

316

451

72.99
73.10

316
440

451
653
518 ...................

Obligated balance, start of year ..........................
Total new obligations ....................................................

Sfmt 3643

E:\BUDGET\HUD.XXX

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PsN: HUD

653

PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
73.20
73.45
74.40

Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

86.93

¥288
¥317
¥313
¥17 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

487

451

653

340

Outlays (gross), detail:
Outlays from discretionary balances .............................

288

317

313

310
288

REVITALIZATION

SEVERELY DISTRESSED PUBLIC HOUSING
(HOPE VI)

For grants to public housing agencies for demolition, site revitalization, replacement housing, and tenant-based assistance grants to
projects as authorized by section 24 of the United States Housing
Act of 1937, ø$575,000,000¿ $573,735,000 to remain available until
expended, of which the Secretary may use up to ø$10,000,000¿
$5,000,000 for technical assistance and contract expertise, to be provided directly or indirectly by grants, contracts or cooperative agreements, including training and cost of necessary travel for participants
in such training, by or to officials and employees of the department
and of public housing agencies and to residents: Provided, That none
of such funds shall be used directly or indirectly by granting competitive advantage in awards to settle litigation or pay judgments, unless
expressly permitted herein. (Departments of Veterans Affairs and
Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0218–0–1–604

10.00

2001 est.

Obligations by program activity:
Direct Program Activity ..................................................
595
1,234
Technical Assistance ..................................................... ................... ...................
Total new obligations (object class 41.0) ................

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New budget authority (gross) ........................................
23.90
23.95
24.40

2,198
595
¥379

2,413
1,234
¥460

3,188
574
¥552

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

2,413

3,188

3,210

Obligated balance, end of year ............................

2,413

3,188

3,210

Outlays (gross), detail:
Outlays from discretionary balances .............................

379

460

552

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

575
379

574
460

574
552

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

595

680
575

1,234

2002 est.

574

660 ...................
574
574

1,255
1,234
574
¥595
¥1,234
¥574
660 ................... ...................

575
574
¥1 ...................

43.00

574

575

This program utilizes Federal resources to rehabilitate and
restore severely distressed public housing projects, thereby
expanding the supply of decent, safe, and affordable housing
for low-income renters. The funds will be used for project
demolition, hard replacement units, as well as tenant-based
rental assistance.
f

NATIVE AMERICAN HOUSING BLOCK GRANTS
(INCLUDING

Program and Financing (in millions of dollars)

08:55 Mar 26, 2001

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2000 actual

Identification code 86–0313–0–1–604

00.01
00.02
00.03
00.04
00.05

2001 est.

2002 est.

Obligations by program activity:
Indian Housing Block Grants .........................................
617
790
635
Title VI Loan Guarantee Subsidy ................................... ...................
23
6
Technical Assistance .....................................................
8
9
5
Working Capital Fund .................................................... ...................
2 ...................
Information Technology .................................................. ................... ...................
3

10.00

Total new obligations (object class 41.0) ................

21.40
22.00
22.10

625

824

649

175
620

175 ...................
649
649

5 ................... ...................

574
23.90

VerDate 19-MAR-2001

TRANSFER OF FUNDS)

For the Native American Housing Block Grants program, as authorized under title I of the Native American Housing Assistance
and Self-Determination Act of 1996 (NAHASDA) (Public Law 104–
330), ø$650,000,000¿ $648,570,000, to remain available until expended, of which ø$6,000,000¿ $5,000,000 shall be to support the
inspection of Indian housing units, contract expertise, training, and
technical assistance in the training, oversight, and management of
Indian housing and tenant-based assistance, including up to $300,000
for related travel ; and of which up to $3,000,000 shall be for information technology: Provided, That of the amount provided under this
heading, ø$6,000,000¿ $5,987,000 shall be made available for the
cost of guaranteed notes and other obligations, as authorized by title
VI of NAHASDA: Provided further, That such costs, including the
costs of modifying such notes and other obligations, shall be as defined in section 502 of the Congressional Budget Act of 1974, as
amended: Provided further, That these funds are available to subsidize the total principal amount of any notes and other obligations,
any part of which is to be guaranteed, not to exceed ø$54,600,000¿
$52,726,000: Provided further, That for administrative expenses to
carry out the guaranteed loan program, up to $150,000 from amounts
in the first proviso, which shall be transferred to and merged with
the appropriation for ‘‘Salaries and expenses’’, to be used only for
the administrative costs of these guaranteesø: Provided further, That
of the amount provided in this heading, $2,000,000 shall be transferred to the Working Capital Fund for development and maintaining
information technology systems¿. (Departments of Veterans Affairs
and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–
377.)

569
5

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
575
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................
Appropriation (total discretionary) ........................

72.99
73.10
73.20

309 ...................
317
313

The Public Housing Drug Elimination Grants program was
authorized in 1988 and provided funds to Public Housing
Authorities (PHAs) and Tribally Designated Housing Entities
(TDHEs) for their anti-drug, and anti-crime efforts. Eligible
activities included reimbursing local law enforcement for additional services, security contracts, investigators, and training
residents for volunteer resident programs.
The Budget terminates the Public Housing Drug Elimination program because the same types of activities (e.g.,
security patrols and better lighting) are eligible under the
Public Housing Operating and Capital programs. The program was found to have limited impact; current regulatory
tools, such as eviction, are effective in reducing drug-related
crime in public housing; and finally, fighting crime and drugs
is not directly related to HUD’s core mission—it is the mission
of federal law enforcement and other agencies whose programs help combat illegal drugs and crime in public housing
communities.

00.01
00.02

3,188

340

Obligated balance, end of year ............................

2,413

86.93

653

2,198

74.99

451

Fmt 3616

Sfmt 3643

Total budgetary resources available for obligation

E:\BUDGET\HUD.XXX

pfrm07

PsN: HUD

800

824

649

488

PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
NATIVE AMERICAN HOUSING BLOCK GRANTS—Continued
(INCLUDING

TRANSFER OF FUNDS)—Continued

Program and Financing (in millions of dollars)—Continued
2000 actual

Identification code 86–0313–0–1–604

23.95
24.40

Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

2001 est.

2002 est.

¥625
¥824
¥649
175 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
620
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

650
649
¥1 ...................

43.00

649

Appropriation (total discretionary) ........................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................
72.99
73.10
73.20
73.45
74.40

74.99

Obligated balance, end of year ............................

620

649

Public enterprise funds:
LOW-RENT PUBLIC HOUSING—LOANS

1,105

1,082

1,105
1,082
1,200
625
824
649
¥643
¥707
¥669
¥5 ................... ...................
1,082

1,200

1,180

1,082

1,200

AND

OTHER EXPENSES

Program and Financing (in millions of dollars)

1,200

2000 actual

Identification code 86–4098–0–3–604

2001 est.

2002 est.

Obligations by program activity:
Reimbursable program: Capital investment loans to
PHAs ..........................................................................

10.00

Total new obligations (object class 33.0) ................

21.40
22.00
22.60

20
104
¥95

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

09.01

1,180

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
86.93 Outlays from discretionary balances .............................

79
564

204
503

205
464

87.00

Total outlays (gross) .................................................

643

707

669

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

620
643

649
707

649
669

New budget authority (gross), detail:
Mandatory:
67.15
Authority to borrow (indefinite) .................................
69.00 Offsetting collections (cash) .........................................

20 ...................
110
124
¥90
¥71

29
40
¥9
¥40
20 ...................

53
¥40
13

2000 actual

40
70

40
84

Total new budget authority (gross) ..........................

104

110

124

866

772

702

866
9
¥103

772
40
¥110

702
40
¥124

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

772

702

618

74.99

2001 est.

(in

25
79

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program
millions of dollars)
Identification code 86–0313–0–1–604

program provides for the federal guarantee of notes or other
obligations issued by Indian tribes or tribally designated
housing entities for the purpose of financing affordable housing activities described in section 202 of the Act.
As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1998 and beyond (including modifications of guarantees that resulted from
obligations in any given year), as well as administrative expenses of this program. The subsidy amounts are estimated
on a present value basis; the administrative expenses are
estimated on a cash basis.

Obligated balance, end of year ............................

772

702

618

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

87.00

Total outlays (gross) .................................................

70.00

2002 est.

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................

2159

11.07

Weighted average subsidy rate .................................
11.07
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ............................................... ...................

11.07

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ...................................................................
2329

2339

Total subsidy budget authority ................................. ...................
Guaranteed loan subsidy outlays:
2340 Subsidy outlays .............................................................. ...................

2349

Total subsidy outlays ................................................ ...................

Title I of the Native American Housing Assistance and SelfDetermination Act (NAHASDA) of 1996 (P.L. 104–330) authorized the Native American Housing Block Grant program.
This program provides an allocation of funds on a formula
basis to Indian tribes and their tribally designated housing
entities to help them address housing needs within their communities. Indian tribes use performance measures and benchmarks that are consistent with the national goals of the program but can base these measures on the needs and priorities
they establish in their own Indian housing plan.
The Native American Housing Block Grant program includes a guaranteed loan provision (Title VI). A guarantee
level of $53 million is proposed for this loan guarantee program for 2002. The subsidy rate for this program is set at
11.07 percent with a federal guarantee of 80 percent. A primary goal of the Title VI program is to encourage private
lenders to provide financing in Indian country. Therefore, the

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72.99
73.10
73.20

24
110
124
79 ................... ...................
103

110

124

¥71
¥70
¥84
¥8 ................... ...................

88.90

Total, offsetting collections (cash) ..................

¥79

¥70

¥84

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

25
24

40
40

Status of Direct Loans (in millions of dollars)
2000 actual

Identification code 86–4098–0–3–604

2001 est.

2002 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1251 Repayments: Repayments and prepayments .................

1,421
¥71

1,350
¥71

1,279
¥71

1290

1,350

1,279

1,208

Sfmt 3643

Outstanding, end of year ..........................................

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PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Credit accounts:

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4098–0–3–604

2001 est.

INDIAN HOUSING LOAN GUARANTEE FUND PROGRAM ACCOUNT

2002 est.

(INCLUDING
3,026
¥284

2,742
¥284

2,458
¥284

2290

Outstanding, end of year ..........................................

2,742

2,458

2,174

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

2,742

2,458

2,174

The Low-Rent Public Housing Loan Fund provides direct
Federal loans to fund remaining Public Housing Agency and
Indian Housing Authority construction, acquisition, and modernization activities reserved under the Annual Contributions
appropriation through 1986. These loans are made from borrowings from the Treasury. Under legislation enacted during
1986 (Public Law 99–272), the borrowings from the Treasury
are forgiven at the end of each fiscal year and the loans
to PHAs/IHAs are forgiven as construction, acquisition, and
modernization activities are completed. Under the provisions
of this legislation, $25 million of borrowings from the Treasury were forgiven in 2000, an estimated $40 million will
be borrowed from the Treasury and forgiven in 2001, and
an estimated $40 million will be borrowed from the Treasury
and forgiven in 2002.
Since 1987, new reservations of capital funds for construction, acquisition, and modernization activities have been provided directly from the Public Housing Capital Fund appropriations.
Operating results.—The actual and estimated net operating
income for 1999, 2000, 2001 and 2002 follows:

TRANSFER OF FUNDS)

For the cost of guaranteed loans, as authorized by section 184
of the Housing and Community Development Act of 1992 (106 Stat.
3739), ø$6,000,000¿ $5,987,000, to remain available until expended:
Provided, That such costs, including the costs of modifying such loans,
shall be as defined in section 502 of the Congressional Budget Act
of 1974, as amended: Provided further, That these funds are available
to subsidize total loan principal, any part of which is to be guaranteed, not to exceed ø$71,956,000¿ $234,283,000.
In addition, for administrative expenses to carry out the guaranteed
loan program, up to $200,000 from amounts in the first paragraph,
which shall be transferred to and merged with the appropriation
for ‘‘Salaries and expenses’’, to be used only for the administrative
costs of these guarantees. (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–377.)
General Fund Credit Receipt Accounts (in millions of dollars)
2000 actual

Identification code 86–0223–0–1–371

0101

2001 est.

Indian housing loan guarantee fund, downward reestimates of subsidies .................................................... ...................

2002 est.

6 ...................

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0223–0–1–371

2001 est.

2002 est.

1999 actual

2000 actual

2001 est.

2002 est.

0101
0102

Revenue ...................................................
Expense ....................................................

100
–91

102
–99

100
–99

0105

Net income or loss (–) ............................

00.02

Obligations by program activity:
Guaranteed loan subsidy ...............................................

10.00

Total new obligations (object class 41.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

13
6

17
6

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

19
¥2
17

23
¥6
17

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

3
2
¥2

3
6
¥3

6
6
¥7

74.40

Statement of Operations (in millions of dollars)
Identification code 86–4098–0–3–604

489

Balance Sheet (in millions of dollars)
Identification code 86–4098–0–3–604

ASSETS:
1101 Federal assets: Fund balances with
Treasury ...............................................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1602
Interest receivable ..............................
1603
Allowance for estimated uncollectible
loans and interest (–) ....................
1604
1699

Direct loans and interest receivable, net .....................................
Value of assets related to direct
loans ..........................................

1999 actual

886

2000 actual

792

2001 est.

792

2002 est.

792

72.99
73.10
73.20

1,447
89

1,359
85

74.99

Obligated balance, end of year ............................

–12

–2

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

1
1

1
2

1
6

1,524

1,442

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

6
2

6
3

6
7

1,524

1,442

Total assets ........................................
LIABILITIES:
Federal liabilities:
2102
Interest payable ..................................
2104
Resources payable to Treasury ...........
2207 Non-Federal liabilities: Other ..................

2,410

2,234

173
1,420
–15

164
1,348
2

2999

1,578

1,514

821
11

705
15

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................

234

2159

234

8.13

2.47

1999

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................
3300 Cumulative results of operations ............
3999

Total net position ................................

832

720

4999

Total liabilities and net position ............

2,410

2,234

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Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program
millions of dollars)
2000 actual

Identification code 86–0223–0–1–371

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ...................................................................

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2001 est.

(in

2002 est.

PUBLIC AND INDIAN HOUSING—Continued
Federal Funds—Continued

490

THE BUDGET FOR FISCAL YEAR 2002

Credit accounts—Continued

Status of Guaranteed Loans (in millions of dollars)

INDIAN HOUSING LOAN GUARANTEE FUND PROGRAM ACCOUNT—
Continued
(INCLUDING

TRANSFER OF FUNDS)—Continued

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program
millions of dollars)—Continued
2000 actual

Identification code 86–0223–0–1–371

2001 est.

2329

Weighted average subsidy rate .................................
8.13
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ...............................................
1
2330 Reestimation Subsidy budget authority ........................ ...................

(in

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders ..............................................................................
2112 Uncommitted loan guarantee limitation .......................
2150
2199

2002 est.

8.13

2000 actual

Identification code 86–4104–0–3–604

Total guaranteed loan commitments ........................
Guaranteed amount of guaranteed loan commitments

135
¥120
15
15

2001 est.

2002 est.

72
234
¥49 ...................
23
23

234
234

2.47

6
6
¥6 ...................

2339

Total subsidy budget authority .................................
1 ...................
6
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................
2
2
3
2340 Reestimate Subsidy Outlays .......................................... ...................
¥6 ...................

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
47
60
Disbursements of new guaranteed loans ......................
18
18
Repayments and prepayments ......................................
¥5
¥3
Adjustments: Terminations for default that result in
claim payments ......................................................... ................... ...................

2210
2231
2251
2263

75
18
¥3
¥1

Total subsidy outlays ................................................

¥4

Outstanding, end of year ..........................................

2299

2349

2290

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1992 and beyond (including modifications of guarantees that resulted from
obligations in any year). The subsidy amounts are estimated
on a net present value basis. The administrative expenses
are shown on a cash basis.
This program provides access to sources of private financing
for Indian families, Indian tribes, and their tribally designated housing entities who otherwise could not acquire
housing financing because of the unique legal status of Indian
trust land.

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from the loan guarantees committed in 1992 and beyond (including modifications of loan
guarantees that resulted from obligations in any year). The
amounts in this account are a means of financing and are
not included in the budget totals. As required by the Federal
Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.
Balance Sheet (in millions of dollars)

1999 actual

2000 actual

ASSETS:
1101 Federal assets: Fund balances with
Treasury ...............................................

1999

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

2999

Total liabilities ....................................

4999

Total liabilities and net position ............

Identification code 86–4104–0–3–604

INDIAN HOUSING LOAN GUARANTEE FUND FINANCING ACCOUNT
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4104–0–3–604

2001 est.

2002 est.

08.02
08.04

Obligations by program activity:
Re-estimate .................................................................... ...................
Interest on re-estimate .................................................. ...................

5 ...................
1 ...................

10.00

Total new obligations ................................................ ...................

6 ...................

21.40
22.00
23.90
23.95
24.40

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................

8
2

4
3

TITLE VI INDIAN FEDERAL GUARANTEES FINANCING ACCOUNT

10
7
¥6 ...................
4
7

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4244–0–3–604

Change
73.10 Total
73.20 Total
87.00 Total

in unpaid obligations:
new obligations .................................................... ...................
financing disbursements (gross) ......................... ...................
financing disbursements (gross) ......................... ...................

6 ...................
¥6 ...................
6 ...................

¥2

¥3

88.90

¥2

¥3

89.00
90.00

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2001 est.

2002 est.

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year ................... ...................
New financing authority (gross) .................................... ...................
1

1
3

Total budgetary resources available for obligation ...................
Unobligated balance carried forward, end of year ....... ...................

1
1

4
4

New financing authority (gross), detail:
Spending authority from offsetting collections:
Discretionary:
68.00
Offsetting collections (cash) ................................ ...................

Spending authority from offsetting collections
(total discretionary) ..................................... ...................

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources ..................................................... ...................

¥1

¥3

88.90

¥1

¥3

68.90

Net financing authority and financing disbursements:
Financing authority ........................................................ ................... ................... ...................
Financing disbursements ...............................................
¥2
4
¥3

VerDate 19-MAR-2001

21.40
22.00
23.90
24.40

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources: Payments from program account .................................................................
Total, offsetting collections (cash) ..................

2002 est.

6
2

Total budgetary resources available for obligation
8
Total new obligations .................................................... ...................
Unobligated balance carried forward, end of year .......
8

New financing authority (gross), detail:
Discretionary:
68.00
Spending authority from offsetting collections
(gross): Federal sources .......................................

2001 est.

Sfmt 3643

Total, offsetting collections (cash) .................. ...................

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COMMUNITY PLANNING AND DEVELOPMENT
Federal Funds

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

89.00
90.00

2000 actual

Identification code 86–4244–0–3–604

2210
2231
2251
2290

2001 est.

Total new obligations (object class 41.0) ................

21.40
22.00
22.10

Status of Guaranteed Loans (in millions of dollars)

10.00

2002 est.

23.90
23.95
24.40
55
55
53
¥53 ................... ...................

Total guaranteed loan commitments ........................

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year ............................................. ...................
Disbursements of new guaranteed loans ......................
1
Repayments and prepayments ...................................... ...................

1
15
¥1

15
41
¥3

Outstanding, end of year ..........................................

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

326

277

57
232

69 ...................
257
277

1 ................... ...................
290
326
277
¥220
¥326
¥277
69 ................... ...................

258
277
¥1 ...................

43.00

Appropriation (total discretionary) ........................

232

257

277

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

436

441

551

74.99

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

220

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
232
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

74.40

2299

491

72.99
73.10
73.20
73.45

436
441
551
220
326
277
¥215
¥216
¥219
¥1 ................... ...................
441

551

609

Obligated balance, end of year ............................

441

551

609

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

1
214

5
211

6
213

87.00

Total outlays (gross) .................................................

215

216

219

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

232
215

257
216

277
219

Balance Sheet (in millions of dollars)
1999 actual

Identification code 86–4244–0–3–604

1101

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................

2000 actual

2001 est.

2002 est.

..................

1999

..................

Total assets ........................................
NET POSITION:
3100 Appropriated capital ................................

..................

3999

Total net position ................................

..................

4999

Total liabilities and net position ............

..................

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees committed
in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The
amounts in this account are a means of financing and are
not included in the budget totals. As required by the Federal
Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.
f

COMMUNITY PLANNING AND DEVELOPMENT
Federal Funds

The Housing Opportunities for Persons with AIDS program
provides States and localities with resources and incentives
to devise long-term comprehensive strategies for meeting the
housing needs of persons with HIV/AIDS and their families.
Up to $2 million is used for technical assistance to grantees.
States and metropolitan areas receive 90 percent of the remaining funds by formula based on the incidence of HIV/
AIDS in their jurisdictions. The final 10 percent is awarded
competitively to States, local governments, and private nonprofit entities for projects of national significance. Awards
are also made to States and local governments for projects
in jurisdictions which do not qualify for a formula allocation.
The requested funding for 2002 will support approximately
53,100 housing units for persons with HIV/AIDS and their
families.
f

General and special funds:
HOUSING OPPORTUNITIES

FOR

PERSONS

WITH

COMMUNITY DEVELOPMENT øFUND¿ BLOCK GRANTS

AIDS

For carrying out the Housing Opportunities for Persons with AIDS
program, as authorized by the AIDS Housing Opportunity Act (42
U.S.C. 12901), ø$258,000,000¿ $277,432,000, to remain available until
expended: Provided, That the Secretary shall renew all expiring contracts that were funded under section 854(c)(3) of such Act that
meet all program requirements before awarding funds for new contracts and activities authorized under this section: Provided further,
That the Secretary may use up to ø1 percent¿ $2,000,000 of the
funds under this heading for training, oversight, and technical assistance activities. (Departments of Veterans Affairs and Housing and
Urban Development, and Independent Agencies Appropriations Act,
2001, as enacted by section 1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0308–0–1–604

00.01

Obligations by program activity:
Housing for AIDs victims ...............................................

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326

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277

Fmt 3616

For assistance to units of State and local government, and to other
entities, for economic and community development activities, and for
other purposes, ø$5,057,550,000¿ $4,701,993,000 to remain available
until September 30, 2004: Provided, That of the amount provided,
ø$4,409,000,000¿ $4,399,300,000 is for carrying out the community
development block grant program under title I of the Housing and
Community Development Act of 1974, as amended (the ‘‘Act’’ herein)
(42 U.S.C. 5301)ø, to remain available until September 30, 2003¿
: Provided further, That ø$71,000,000¿ $69,000,000 shall be for grants
to Indian tribes notwithstanding section 106(a)(1) of such Act,
ø$3,000,000¿ of which up to $1,250,000 shall be to implement and
support Native American Economic Development Access Center,
$2,993,000 shall be available as a grant to the Housing Assistance
Council, ø$2,600,000¿ $2,200,000 shall be available as a grant to
the National American Indian Housing Council, $2,993,000 shall be
for support of Alaska Native and Native Hawaiian Serving Institutions, as defined under the Higher Education Act, as amended, and
$2,993,000 shall be available to Tribal Colleges and Universities to
build, expand, renovate, and equip their facilities ø$10,000,000 shall

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492

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
COMMUNITY DEVELOPMENT øFUND¿ BLOCK GRANTS—Continued
be available as a grant to the National Housing Development Corporation, for operating expenses not to exceed $2,000,000 and for
a program of affordable housing acquisition and rehabilitation¿, and
ø$45,500,000¿ $38,424,000 shall be for grants pursuant to section
107 of the Act øof which $3,000,000 shall be made available to support Alaska Native serving institutions and native Hawaiian serving
institutions, as defined under the Higher Education Act, as amended,
and of which $3,000,000 shall be made available to tribal colleges
and universities to build, expand, renovate, and equip their facilities¿:
Provided further, That not to exceed 20 percent of any grant made
with funds appropriated herein (other than a grant made available
in this paragraph to the Housing Assistance Council or the National
American Indian Housing Council, or a grant using funds under
section 107(b)(3) of the Housing and Community Development Act
of 1974, as amended) shall be expended for ‘‘Planning and Management Development’’ and ‘‘Administration’’ as defined in regulations
promulgated by the department: Provided further, That up to øThat
$15,000,000¿ $18,000,000 shall be transferred to the Working Capital
Fund for the development and maintenance of information technology
systems: Provided further, That ø$20,000,000¿ $21,956,000 shall be
for grants pursuant to the Self Help Housing Opportunity Program.
Of the amount made available under this heading, ø$28,450,000¿
$29,387,000 shall be made available for capacity building, of which
ø$25,000,000¿ $24,945,000 shall be made available for ‘‘Capacity
Building for Community Development and Affordable Housing’’, for
LISC and the Enterprise Foundation for activities as authorized by
section 4 of the HUD Demonstration Act of 1993 (Public Law 103–
120), as in effect immediately before June 12, 1997, of which not
less than ø$5,000,000¿ $4,989,000 of the funding shall be used in
rural areas, including tribal areas, and of which ø$3,450,000¿
$4,442,000 shall be made available for capacity building activities
administered by Habitat for Humanity International.
Of the amount made available under this heading, the Secretary
of Housing and Urban Development may use up to ø$55,000,000¿
$54,879,000 for supportive services for public housing residents, as
authorized by section 34 of the United States Housing Act of 1937,
as amended, and for residents of housing assisted under the Native
American Housing Assistance and Self-Determination Act of 1996
(NAHASDA) and for grants for service coordinators and congregate
services for the elderly and disabled residents of public and assisted
housing and housing assisted under NAHASDA.
øOf the amount made available under this heading, $44,000,000
shall be available for neighborhood initiatives that are utilized to
improve the conditions of distressed and blighted areas and neighborhoods, to stimulate investment, economic diversification, and community revitalization in areas with population outmigration or a stagnating or declining economic base, or to determine whether housing
benefits can be integrated more effectively with welfare reform initiatives: Provided, that any unobligated balances of amounts set aside
for neighborhood initiatives in fiscal years 1998, 1999, and 2000 may
be utilized for any of the foregoing purposes: Provided further, That
these grants shall be provided in accord with the terms and conditions specified in the statement of managers accompanying this conference report.¿
Of the amount made available under this heading, $80,000,000
is for grants to create or expand community technology centers in
high poverty urban communities and to provide technical assistance
to those centers.
Of the amount made available under this heading, $20,000,000
is for competitive grants to community-based, civic, and religiously
affiliated organizations which are exempt from the Americans with
Disabilities Act and which have limited resources: Provided, That
these grants shall be to make facilities of these organizations accessible
to the disabled.
Of the amount made available under this heading, notwithstanding
any other provision of law, ø$60,000,000¿ $59,868,000 shall be available for YouthBuild program activities authorized by subtitle D of
title IV of the Cranston-Gonzalez National Affordable Housing Act,
as amended, and such activities shall be an eligible activity with
respect to any funds made available under this heading: Provided,
That local YouthBuild programs that demonstrate an ability to leverage private and nonprofit funding shall be given a priority for
YouthBuild funding: Provided further, That no more than ten percent
of any grant award may be used for administrative costs: Provided
further, That not less than ø$10,000,000¿ $9,978,000 shall be avail-

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able for grants to establish YouthBuild programs in underserved and
rural areas: Provided further, That of the amount provided under
this paragraph, ø$4,000,000¿ $2,000,000 shall be set aside and made
available for a grant to Youthbuild USA for capacity building for
community development and affordable housing activities as specified
in section 4 of the HUD Demonstration Act of 1993, as amended.
øOf the amounts made available under this heading, $2,000,000
shall be available to the Utah Housing Finance Agency for the temporary use of relocatable housing during the 2002 Winter Olympic
Games provided such housing is targeted to the housing needs of
low-income families after the Games.¿
øOf the amount made available under this heading, $292,000,000
shall be available for grants for the Economic Development Initiative
(EDI) to finance a variety of targeted economic investments in accordance with the terms and conditions specified in the statement of
managers accompanying this conference report.¿
øFor the cost of guaranteed loans, $29,000,000, as authorized by
section 108 of the Housing and Community Development Act of 1974:
Provided, That such costs, including the cost of modifying such loans,
shall be as defined in section 502 of the Congressional Budget Act
of 1974, as amended: Provided further, That these funds are available
to subsidize total loan principal, any part of which is to be guaranteed, not to exceed $1,261,000,000, notwithstanding any aggregate
limitation on outstanding obligations guaranteed in section 108(k)
of the Housing and Community Development Act of 1974: Provided
further, That in addition, for administrative expenses to carry out
the guaranteed loan program, $1,000,000, which shall be transferred
to and merged with the appropriation for ‘‘Salaries and expenses’’.¿
(Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted
by section 1(a)(1) of P.L. 106–377.)
øFor an additional amount for ‘‘Community development fund’’,
$66,128,000 to remain available until September 30, 2003.¿
øThe referenced statement of the managers in the seventh undesignated paragraph under this heading in title II of the Departments
of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001 (Public Law 106–377) is
deemed to be amended by striking ‘‘West Dallas neighborhoods’’ in
reference to improvement efforts by the Pleasant Wood/Pleasant
Grove Community Development Corporation, and inserting ‘‘the
Pleasant Grove area’’ in lieu thereof.¿
øThe unobligated amount appropriated in the third paragraph
under the heading ‘‘Community development block grants’’ in Chapter
8 of title II of the Emergency Supplemental Act, 2000 (Public Law
106–246) for a grant to the City of Hamlet, North Carolina for demolition and removal of buildings and equipment destroyed by fire shall
remain available until September 30, 2002 for a grant for such purpose to the County of Richmond, North Carolina.¿
øThe seventh paragraph under this heading in title II of Public
Law 106–377 is amended by striking ‘‘$292,000,000’’ and inserting
in lieu thereof $358,128,000’’: Provided, That such funds shall be
available for grants for the Economic Development Initiative (EDI)
to finance a variety of targeted economic investments in accordance
with the terms and conditions specified in the statement of managers
accompanying this conference report.¿ (Division A, Miscellaneous Appropriations Act, 2001, as enacted by section 1(a)(4) of P.L. 106–
554.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0162–0–1–451

2001 est.

2002 est.

00.01

Obligations by program activity:
Community development ................................................

4,854

5,996

4,702

10.00

Total new obligations (object class 41.0) ................

4,854

5,996

4,702

21.40
22.00
22.10

931
4,809

883 ...................
5,113
4,702

23.90
23.95
23.98
24.40

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

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3 ................... ...................
5,743
5,996
4,702
¥4,854
¥5,996
¥4,702
¥5 ................... ...................
883 ................... ...................

4,800

5,124

4,702

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
40.15
40.76
40.77
43.00

Appropriation (emergency) ........................................
28 ................... ...................
Reduction pursuant to P.L. 106–113 .......................
¥19 ................... ...................
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................
¥11 ...................
Appropriation (total discretionary) ........................

4,809

5,113

4,702

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

9,013

9,074

10,130

9,013
4,854
¥4,955
¥99
269
¥4
¥3

9,074
5,996
¥4,940
...................
...................
...................
...................

10,130
4,702
¥5,036
...................
...................
...................
...................

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Obligated balance transferred to other accounts .........
Obligated balance transferred from other accounts
Adjustments in expired accounts (net) .........................
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

9,074

10,130

9,796

74.99

Obligated balance, end of year ............................

9,074

10,130

9,796

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

100
4,855

102
4,838

94
4,940

87.00

Total outlays (gross) .................................................

4,955

4,940

5,036

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

4,809
4,955

5,113
4,940

4,702
5,036

72.99
73.10
73.20
73.31
73.32
73.40
73.45

Summary of Budget Authority and Outlays
(in millions of dollars)

Enacted/requested:
2000 actual
2001 est.
Budget Authority .....................................................................
4,809
5,113
Outlays ....................................................................................
4,955
4,940
Legislative proposal, not subject to PAYGO:
Budget Authority ..................................................................... .................... ....................
Outlays .................................................................................... .................... ....................
Total:
Budget Authority .....................................................................
Outlays ....................................................................................

4,809
4,955

5,113
4,940

2002 est.

4,702
5,034
100
10
4,802
5,044

Title I of the Housing and Community Development Act
of 1974, as amended, authorizes the Secretary to make grants
to units of general local government under the Community
Development Block Grant (CDBG) program and States to
fund local community development programs.
The 2002 Budget allocates $69 million to Indian tribes as
authorized by Section 106(a)(1) of the Housing and Community Development Act of 1974. Since its inception, funds made
available to Native American communities have supported
a wide variety of community development activities, predominantly, but not exclusively, community facilities, infrastructure and buildings to help meet the basic needs of low and
moderate income community members. Since the vast majority of eligible tribes and Alaska Native Villages have nonexistent tax bases, this program has helped to finance those
public facilities needed to maintain or establish community
viability. While it has had a significant impact on many Native American communities throughout the Nation, basic community development needs throughout Indian Country remain
substantial.
Seventy percent of CDBG formula funds are allocated to
metropolitan cities and urban counties that receive their
grants using the higher of two objective formulas. States and
small cities receive 30 percent of the formula funds. The
proposed level of funding for CDBG and the Section 108 Loan
Guarantee Program will support an estimated 114,379 and
30,000 jobs, respectively. These funds will also help to rehabilitate 161,336 housing units.
Section 107 Grants include funding for Insular Areas, management information systems support, Historically Black Colleges and Universities, Hispanic serving Institutions, the

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493

Community Development Work Study and Community Outreach Partnership Centers (COPC) programs.
The Budget provides $80,000,000 for the new Community
Technology Centers initiative which will enhance the existing
Department of Education CTC program and expand the HUD
Neighborhood Networks effort, by providing competitive
grants to create or expand community technology centers in
high poverty urban communities and provide technical assistance to those centers. This Community Technology Centers
program will be administered by HUD. Eligible applicants
will include State educational agencies, local educational
agencies, institutions of higher education, for-profit businesses, public or private non-profit organizations, or a consortium of such entities that have the capacity to expand access
to computers and related services in eligible communities.
The Budget provides $20,000,000 for a new Improving Access Initiative that will provide grants to Americans with
Disabilities Act-exempt community-based, civic, and religiously affiliated organizations with limited resources. These
ADA-exempt organizations will be eligible to compete for
grants to make their facilities accessible to the disabled.
As authorized by Section 4 of the HUD Demonstration Act
of 1993, the National Community Development Initiative
(NCDI) helps build capacity of community-based development
corporations and housing development organizations, and assist such corporations and organizations to carry out community development and affordable housing activities. The 2002
Budget includes $29 million for this program. In addition,
$3.4 million is set aside for Habitat for Humanity capacity
building programs. Both programs will target their efforts
to increasing minority homeownership.
The Youthbuild program provides resources to educate,
train and supply stipends for economically disadvantaged
young adults through their participation in the construction
and rehabilitation of housing for low-income and homeless
persons. The program expands the supply of affordable housing and, at the same time, enables high school drop-outs
to obtain the education and employment skills necessary to
achieve self-sufficiency. The 2002 request for $60 million will
provide more than 3,774 young people with skills they need
to obtain jobs. Funding of $23 million is provided for the
Self Help-Shop Program which is targeted at very low-income
populations. In addition, $3 million each is provided for the
Housing Assistance and Native American Indian Housing
Councils to meet unserved rural and Native American housing needs.
The 2002 Budget also includes $3 million in competitive
grants to Tribal Colleges and Universities (TCU) to provide
resources to build, expand, renovate and equip facilities. In
addition, $3 million is provided to assist Alaska Native and
Native Hawaiian Serving institutions. The Budget also provides $55 million for the Resident Opportunities and SelfSufficiency program to help meet housing and related service
needs to improve lives and communities served by public
housing.
f

COMMUNITY DEVELOPMENT øFUND¿ BLOCK GRANTS
(Legislative Proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0162–2–1–451

2001 est.

2002 est.

00.01
00.02

Obligations by program activity:
Improving Access Initiative ........................................... ................... ...................
Community Technology Centers ..................................... ................... ...................

20
80

10.00

Total new obligations ................................................ ................... ...................

100

22.00

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ................... ...................

100

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494

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

2000 actual

2001 est.

Total budgetary resources available for obligation ................... ...................
Total new obligations .................................................... ................... ...................

New budget authority (gross), detail:
Discretionary:
Appropriation:
40.00
Appropriation ......................................................... ................... ...................
40.00
Appropriation ......................................................... ................... ...................
43.00

Appropriation (total discretionary) ........................ ................... ...................

Change in unpaid obligations:
73.10 Total new obligations .................................................... ................... ...................
73.20 Total outlays (gross) ...................................................... ................... ...................
Unpaid obligations, end of year:
74.40
Unpaid obligations, end of year ............................... ................... ...................

2002 est.

100
¥100

20
80

185

150

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

229

39
61
¥7

93
185
¥49

229
150
¥92

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

229

287

Obligated balance, end of year ............................

229

287

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances .............................
7

4
45

3
89

100

100
¥10

87.00

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ................... ...................

Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ...................
90.00 Outlays ........................................................................... ................... ...................

100
10

Object Classification (in millions of dollars)
2000 actual

2001 est.

2002 est.

41.0
41.0

Grants, subsidies, and contributions:
Grants, subsidies, and contributions ........................ ................... ...................
Grants, subsidies, and contributions ........................ ................... ...................

20
80

99.9

Total new obligations ................................................ ................... ...................

100

EMPOWERMENT ZONES/ENTERPRISE COMMUNITIES
For grants in connection with a second round of empowerment
zones and enterprise communities, ø$90,000,000¿ $150,000,000, to
remain available until expendedø: Provided, That $75,000,000 shall
be available for the Secretary of Housing and Urban Development¿,
for ‘‘Urban Empowerment Zones’’, as authorized in the Taxpayer Relief Act of 1997, including ø$5,000,000¿ $10,000,000 for each empowerment zone for use in conjunction with economic development
activities consistent with the strategic plan of each empowerment
zoneø: Provided further, That $15,000,000 shall be available to the
Secretary of Agriculture for grants for designated empowerment zones
in rural areas and for grants for designated rural enterprise communities¿. (Departments of Veterans Affairs and Housing and Urban
Development, and Independent Agencies Appropriations Act, 2001, as
enacted by section 1(a)(1) of P.L. 106–377.)
øFor an additional amount for ‘‘Empowerment zones and enterprise
communities’’, $110,000,000, to remain available until expended: Provided, That $185,000,000 shall be available for urban empowerment
zones, as authorized by the Taxpayer Relief Act of 1997, including
$12,333,333 for each empowerment zone.¿ (Division A, Miscellaneous
Appropriations Act, 2001, as enacted by section 1(a)(4) of P.L. 106–
554.)
Program and Financing (in millions of dollars)
2000 actual

2001 est.

86.90
86.93

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

55
7

185
49

150
92

Obligated balance, end of year ............................ ................... ...................

Identification code 86–0315–0–1–451

¥150

72.99
73.10
73.20

74.99

Identification code 86–0162–2–1–451

¥185

74.99

Program and Financing (in millions of dollars)—Continued

23.90
23.95

¥61

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

COMMUNITY DEVELOPMENT øFUND¿ BLOCK GRANTS—Continued

Identification code 86–0162–2–1–451

Total new obligations ....................................................

23.95

General and special funds—Continued

2002 est.

00.01

Obligations by program activity:
Develop urban sites .......................................................

185

150

10.00

Total new obligations (object class 41.0) ................

185

150

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

23.90

Total budgetary resources available for obligation

The goal of the Empowerment Zone (EZ) initiative is to
revitalize city neighborhoods by attracting business development and providing employment opportunities to residents
of empowerment zones. Grant funds will allow the 15 urban
EZs that were authorized by the Taxpayer Relief Act of 1997,
in accordance with their strategic plans, to create economic
opportunity in America’s distressed communities, with a special emphasis on stimulating job creation linked to welfare
reform. Flexible grant funds will be used to integrate human
capital needs with economic development initiatives. Empowerment Zone principals include a strategic vision for
change, a community-based partnership, providing economic
opportunity and sustainable community development.
The VA HUD Appropriations Act of 2001 (P.L. 106–377
and P.L. 106–554) provided $185 million for Round II Urban
Empowerment Zones. The 2002 Budget proposes $150 million
for Round II urban Empowerment Zones that will bring the
total funding for Round II urban EZs through 2002 to $435
million.
Funding will be available for a broad range of activities
aimed at assisting residents, businesses and organizations
in urban EZs, including: community policing; health care;
neighborhood development; brownfields clean-up and redevelopment; support for financing of capital projects; education;
work force preparation and job creation efforts linked to welfare reform; leveraging private sector resources, repayment
of debt financing by municipal bonds; financing of projects
in conjunction with the Section 108 loan guarantee program
and other economic development projects; support for projectbased rental assistance; and, financing other housing activities.
EZs are helping to stimulate billions of dollars in private
investment, reviving inner city neighborhoods and supporting
jobs, and helping families move from welfare to work.
The Community Renewal and Tax Relief Act of 2000 (P.L.
106-554) authorized the designation of a third round of 7
urban and 2 rural empowerment zones. The Community Renewal and Tax Relief Act of 2000 also authorized the creation
of a Renewal Communities program to be administered by
HUD that will include 40 communities to be designated by
competition by December 31, 2001.

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7 ................... ...................
55
185
150
62

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For Economic Development Grants, as authorized by section 108(q)
of the Housing and Community Development Act of 1974, as amended, for Brownfields redevelopment projects, $25,000,000, to remain

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COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0314–0–1–451

2001 est.

2002 est.

00.01

Obligations by program activity:
Cleanup and develop contaminated sites .....................

Total new obligations (object class 41.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

50
25

25 ...................
25
25

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

2
¥1

1 ...................
¥1 ...................

74.99

Obligated balance, end of year ............................
Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

1 ................... ...................
1 ................... ...................

1 ...................

10.00

74.40

Obligated balance, start of year ..........................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

86.93

available until expended: Provided, That the Secretary of Housing
and Urban Development shall make these grants available on a competitive basis as specified in section 102 of the Department of Housing and Urban Development Reform Act of 1989. (Departments of
Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section
1(a)(1) of P.L. 106–377.)

72.99
73.20

495

75
50
25
¥50
¥50
¥25
25 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year .............................. ...................

46
50
¥25

71
25
¥30

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ...................
Outlays from discretionary balances .............................
4

1
24

1
29

This program provides resources to educate, train, and provide stipends for economically disadvantaged young adults
through their participation in the construction and rehabilitation of housing for low-income and homeless persons. The
program expands the supply of affordable housing and, at
the same time, enables high school dropouts to obtain the
education and employment skills necessary to achieve selfsufficiency. The 2002 request of $60 million will provide more
than 3,774 young people with skills they need to get jobs.
The Youthbuild program has been funded as a set-aside within the CDBG program since 1996. The obligated balance and
outlays shown above represent activity in the separate
youthbuild account.

72.99
73.10
73.20
74.40
74.99

86.90
86.93

Obligated balance, start of year .......................... ...................
Total new obligations ....................................................
50
Total outlays (gross) ......................................................
¥4
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
46
Obligated balance, end of year ............................

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

25
4

25
25

25
30

The Brownfields Redevelopment initiative provides competitive economic development grants in conjunction with Section
108 loan guarantees for qualified brownfield projects. Eligible
communities are invited to submit proposals to return contaminated sites to productive and employment-generating
uses, with an emphasis on creating substantial numbers of
jobs for lower-income people in physically and economically
distressed neighborhoods.
Grants are made in accordance with section 108(q) selection
criteria and such other criteria deemed appropriate for
brownfield projects, including the extent to which an applicant is currently operating a brownfields program and is
working with appropriate environmental regulatory agencies.
The Brownfields Redevelopment initiative has received annual appropriations of $25 million since its inception in 1998.
The 2002 request of $25 million will enable communities to
reclaim and redevelop approximately 25 Brownfield sites.

HOME INVESTMENT PARTNERSHIPS PROGRAM
(INCLUDING

TRANSFER OF FUNDS)

For the HOME investment partnerships program, as authorized
under title II of the Cranston-Gonzalez National Affordable Housing
Act, as amended, ø$1,800,000,000¿ $1,796,040,000 to remain available until expendedø: Provided, That¿ , of which $200,000,000 shall
be for the Downpayment Assistance Initiative; of which up to
$20,000,000 of these funds shall be available for Housing Counseling
under section 106 of the Housing and Urban Development Act of
1968ø: Provided further, That $17,000,000¿ ; and of which up to
$22,000,000 shall be for information technology projects, including
$20,000,000 that shall be transferred to the Working Capital Fund
for the development and maintenance of information technology systems. (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as
enacted by section 1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0205–0–1–604

2001 est.

2002 est.

00.01

Obligations by program activity:
HOME grants ..................................................................

1,644

1,985

1,796

10.00

Total new obligations (object class 41.0) ................

1,644

1,985

1,796

21.40
22.00
22.10

191
1,636

189 ...................
1,796
1,796

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

6 ................... ...................
1,833
1,985
1,796
¥1,644
¥1,985
¥1,796
189 ................... ...................

YOUTHBUILD PROGRAM

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
1,636
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

1,800
1,796
¥4 ...................

43.00

Appropriation (total discretionary) ........................

1,636

1,796

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

3,947

4,107

4,356

3,947
1,644
¥1,479

4,107
1,985
¥1,736

4,356
1,796
¥1,857

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0219–0–1–604

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

VerDate 19-MAR-2001

08:55 Mar 26, 2001

Jkt 188677

PO 00000

2001 est.

2002 est.

1 ...................

Frm 00015

Fmt 3616

72.99
73.10
73.20

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496

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
HOME INVESTMENT PARTNERSHIPS PROGRAM—Continued
(INCLUDING

TRANSFER OF FUNDS)—Continued

Program and Financing (in millions of dollars)—Continued
2000 actual

Identification code 86–0205–0–1–604

73.45

2001 est.

2002 est.

¥6 ................... ...................

for Needy Families, Food Stamps, and services funding through the
Mental Health and Substance Abuse Block Grant, Workforce Investment Act, and the Welfare-to-Work grant program: Provided further,
That øup to 1.5 percent¿ $2,500,000 of the funds appropriated under
this heading øis transferred to the Working Capital Fund to be used¿
shall be available for technical assistance øfor management information systems and to develop an automated, client-level Annual Performance Report System¿: Provided further, That up to $11,700,000
shall be available for information technology, including the development of a client-level Annual Performance Report System: Provided
further, That $500,000 shall be made available for the Interagency
Council for the Homeless for administrative needs. (Departments of
Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section
1(a)(1) of P.L. 106–377.)

74.40

Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

4,107

4,356

4,295

74.99

Obligated balance, end of year ............................

4,107

4,356

4,295

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

19
1,460

36
1,700

36
1,821

87.00

Total outlays (gross) .................................................

1,479

1,736

1,857

Identification code 86–0192–0–1–604

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

1,636
1,479

1,796
1,736

1,796
1,857

00.01

Obligations by program activity:
Homeless assistance grants ..........................................

882

2,363

1,023

10.00

Total new obligations (object class 41.0) ................

882

2,363

1,023

The HOME Investment Partnerships program is authorized
by the National Affordable Housing Act (P.L. 101–625). This
program provides assistance to States and units of local government, through formula allocation, for the purpose of expanding the supply and affordability of housing. Eligible activities include acquisition, rehabilitation, and new construction of housing and tenant-based rental assistance. The 2002
request will result in the production of 87,035 units of affordable housing through new construction, rehabilitation, or acquisition. In addition, tenant-based rental assistance will be
provided for 10,350 units.
The Down Payment Assistance Initiative will assist approximately 130,000 first-time low-income homebuyers.
The HOME request also includes up to $22 million for
information technology projects. Of this total, $20 million will
be transferred to the Working Capital Fund. Funding for technical assistance is also included.
Funding of $20 million for the Housing Counseling Assistance program is also proposed in this account. This program
provides comprehensive housing counseling services, including
pre-purchase, default, and renter counseling, to eligible homeowners and tenants. Up to three percent of these funds are
set aside for housing counseling assistance for Native Americans.
The Housing Counseling program was funded at $17.5 million as a HOME set-aside in 1999, $15 million in 2000, and
$20 million in 2001. The 2002 Budget proposes $20 million
for housing counseling.

Program and Financing (in millions of dollars)
2000 actual

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

1,072
1,020

2001 est.

2002 est.

1,340 ...................
1,023
1,023

25 ................... ...................
105 ................... ...................
2,222
2,363
1,023
¥882
¥2,363
¥1,023
1,340 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
1,020
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

1,025
1,023
¥2 ...................

43.00

Appropriation (total discretionary) ........................

1,020

1,023

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

1,867

2,510

3,873

72.99
73.10
73.20
73.32
73.45
74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Obligated balance transferred from other accounts
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

1,867
2,510
3,873
882
2,363
1,023
¥885
¥1,000
¥1,200
670 ................... ...................
¥25 ................... ...................
3,873

3,696

Obligated balance, end of year ............................

2,510

3,873

3,696

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

31
854

31
969

31
1,169

87.00

2,510

Total outlays (gross) .................................................

885

1,000

1,200

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

1,020
885

1,023
1,000

1,023
1,200

HOMELESS ASSISTANCE GRANTS
(INCLUDING

TRANSFER OF FUNDS)

For the emergency shelter grants program (as authorized under
subtitle B of title IV of the øStewart B.¿ McKinney-Vento Homeless
Assistance Act, as amended); the supportive housing program (as
authorized under subtitle C of title IV of such Act); the section 8
moderate rehabilitation single room occupancy program (as authorized under the United States Housing Act of 1937, as amended)
to assist homeless individuals pursuant to section 441 of the øStewart
B.¿ McKinney-Vento Homeless Assistance Act; and the shelter plus
care program (as authorized under subtitle F of title IV of such
Act), ø$1,025,000,000¿ $1,022,745,000, to remain available until expended: Provided, That not less than 30 percent of these funds shall
be used for permanent housing, and all funding for services must
be matched by 25 percent in funding by each grantee: Provided further, That all awards of assistance under this heading shall be required to coordinate and integrate homeless programs with other
mainstream health, social services, and employment programs for
which homeless populations may be eligible, including Medicaid,
State Children’s Health Insurance Program, Temporary Assistance

VerDate 19-MAR-2001

08:55 Mar 26, 2001

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Frm 00016

Fmt 3616

The Homeless Assistance Grants program funds the Shelter
Plus Care, Supportive Housing, Emergency Shelter Grants,
and Section 8 Moderate Rehabilitation Single Room Occupancy programs. These funds will enable localities to continue
to shape and implement comprehensive, flexible, coordinated
‘‘continuum of care’’ approaches to solving rather than institutionalizing homelessness. In fact, in recent years, many communities have made great strides in developing holistic continuum of care approaches to solving homelessness. A community-based process is required as part of the application process. Communities are required to include in their applications
performance measures that contain specific goals that would
accrue from the community’s efforts, and are required to demonstrate tangible results on an annual basis. Requested fund-

Sfmt 3616

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COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

ing would be available for a wide range of activities to assist
homeless persons and prevent future homelessness. The 2002
request will fund over 50,000 new and renewal transitional
and permanent beds, all linked to supportive services.
Funding is also requested for technical assistance to provide
needed assistance to grantees to resolve problems that hinder
successful project completion and implementation, and for
management information systems support, including the continuing operation of tracking systems required by House Report 105–610.

497

URBAN DEVELOPMENT ACTION GRANTS
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0170–0–1–451

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

2001 est.

2002 est.

RURAL HOUSING

AND

ø(INCLUDING

68
¥10

58
¥10

74.99

ECONOMIC DEVELOPMENT

78
¥10

74.40

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

72.99
73.20

TRANSFER OF FUNDS)¿

øFor the Office of Rural Housing and Economic Development in
the Department of Housing and Urban Development, $25,000,000
to remain available until expended, which amount shall be awarded
by June 1, 2001, to Indian tribes, State housing finance agencies,
State community and/or economic development agencies, local rural
nonprofits and community development corporations to support innovative housing and economic development activities in rural areas:
Provided, That all grants shall be awarded on a competitive basis
as specified in section 102 of the HUD Reform Act.¿ (Departments
of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section
1(a)(1) of P.L. 106–377.)

Title I of the Housing and Community Development Act
of 1974, as amended, authorized grants to distressed cities
and distressed urban counties to fund economic development
projects. The program was terminated in 1990.
f

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0324–0–1–604

2001 est.

CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT
AFFORDABLE HOUSING

2002 est.

00.01

Obligations by program activity:
Rural Housing ................................................................

51 ...................

10.00

Total new obligations (object class 41.0) ................

51 ...................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

32
25

26 ...................
25 ...................

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

57
51 ...................
¥31
¥51 ...................
26 ................... ...................

74.40

Obligated balance, start of year .......................... ...................
Total new obligations ....................................................
31
Total outlays (gross) ......................................................
¥8
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
23

23
50
51 ...................
¥24
¥25
50

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

1
7

1 ...................
23
25

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

25
8

25 ...................
24
25

The 2001 VA–HUD and Independent Agencies Appropriations Act (P.L. 106–74) provided $25 million to the Rural
Housing and Economic Development program. This program
is located in the Office of Community Planning and Development and is used to encourage new and innovative approaches
to serving the housing and economic development needs of
the nation’s rural communities. The 2002 Budget proposes
no new funding for this program.

Jkt 188677

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

PO 00000

Frm 00017

72.99
73.20

2001 est.

2002 est.

7 ...................

19
¥12

7 ...................
¥7 ...................

74.99

Obligated balance, end of year ............................
Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

7 ................... ...................
7 ................... ...................

7 ...................

Obligated balance, end of year ............................

08:55 Mar 26, 2001

2000 actual

Identification code 86–0222–0–1–451

86.93

25 ...................

74.99

VerDate 19-MAR-2001

Program and Financing (in millions of dollars)

74.40

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year .............................. ...................
72.99
73.10
73.20

AND

Fmt 3616

As authorized by section 4 of the HUD Demonstration Act
of 1993, this program provides funding to the National Community Development Initiative to build the capacity of community-based development corporations and housing development organizations and to assist such corporations and organizations to carry out community development and affordable
housing activities. Funding for this program was provided
under the Annual Contributions for Assisted Housing account
in 1996. Public Law 105–18 amended authorizing legislation
to include additional eligible recipients and provided funding
for this program through a transfer from the Homeownership
and Opportunity for People Everywhere Grants account in
1997. Public Law 105–65 provided funding for this program
under the Community Development Block Grant Account in
1998. P.L. 105–276 provided $15 million for this program
in 1999 for the two organizations eligible prior to the enactment of P.L. 105–18. Funding of $28 million was provided
for this program in 2001 in Public Law 106–377 as a setaside within the CDBG program. $29 million is being requested in 2002, again as a set-aside within CDBG.

Sfmt 3616

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498

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
EMERGENCY SHELTER GRANTS PROGRAM
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0181–0–1–604

2001 est.

2002 est.

21.40
22.21

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Unobligated balance transferred to other accounts

89.00
90.00

Title IV, subtitle D, of the McKinney-Vento Homeless Assistance Act authorized the Supplemental Assistance for Facilities To Assist the Homeless program (SAFAH) to provide
comprehensive assistance for particularly innovative programs or alternative methods of meeting the immediate and
long-term needs of the homeless. The authority for the
SAFAH program was terminated by section 1403 of the Housing and Community Development Act of 1992. The 2000 Appropriations Act transferred all balances in this account to
the Homeless Assistance Grants account.

1 ................... ...................
¥1 ................... ...................

Title IV, subtitle B, of the McKinney-Vento Homeless Assistance Act (Public Law 100–77) authorizes the Secretary
to make Emergency Shelter Grants to States and units of
local government to provide emergency shelter and other support for the homeless. Since 1995, this assistance has been
funded under the Homeless Assistance Grants account. The
2000 Appropriations Act transferred all balances in this account to the Homeless Assistance Grants account.
f

SHELTER PLUS CARE
Program and Financing (in millions of dollars)

2000 actual

2001 est.

2002 est.

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Unobligated balance transferred to other accounts

35 ................... ...................
¥35 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

96 ................... ...................

2002 est.

3 ................... ...................
¥3 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

228 ................... ...................

Program and Financing (in millions of dollars)
Identification code 86–0188–0–1–604

2001 est.

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Unobligated balance transferred to other accounts

21.40
22.21

72.99
73.31

SUPPORTIVE HOUSING PROGRAM

2000 actual

Identification code 86–0204–0–1–604

89.00
90.00

Obligated balance, start of year ..........................
Obligated balance transferred to other accounts .........

228 ................... ...................
¥228 ................... ...................

Title IV, subtitle F, of the McKinney-Vento Homeless Assistance Act authorizes the Secretary to provide rental assistance to persons with disabilities. Supportive services at least
equal in value to the aggregate rental assistance must also
be provided by grant recipients using other Federal, State,
local and private resources. Eligible recipients include States
and units of general local government.
Since 1995, this type of assistance has been funded under
the Homeless Assistance Grants account.
The 2000 Appropriations Act transferred all balances in
this account to the Homeless Assistance Grants account.

Title IV, subtitle C, of the McKinney-Vento Homeless Assistance Act authorizes assistance to promote the development
of supportive housing and services, especially for: deinstitutionalized homeless individuals; homeless families with children; homeless individuals with mental disabilities; and other
persons including those with AIDS. Such assistance is available for the acquisition, rehabilitation, construction, or leasing
of structures to be used for homeless persons as well as to
pay for operating costs and supportive services.
Since 1995, this type of assistance has been funded under
the Homeless Assistance Grants account. The 2000 Appropriations Act transferred all balances in this account to the Homeless Assistance Grants account.

For the renewal on an annual basis øof contracts expiring during
fiscal years 2001 and 2002¿ or amendment of contracts funded under
the Shelter Plus Care program, as authorized under subtitle F of
title IV of the øStewart B.¿ McKinney-Vento Homeless Assistance
Act, as amended, ø$100,000,000¿ $99,780,000, to remain available
until expended: Provided, That each Shelter Plus Care project with
an expiring contract shall be eligible for renewal only if the project
is determined to be needed under the applicable continuum of care
and meets appropriate program requirements and financial standards, as determined by the Secretary. (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies
Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–
377.)

21.40
22.21

72.99
73.31

89.00
90.00

Obligated balance, start of year ..........................
Obligated balance transferred to other accounts .........

96 ................... ...................
¥96 ................... ...................

SHELTER PLUS CARE RENEWALS

Program and Financing (in millions of dollars)
SUPPLEMENTAL ASSISTANCE FOR FACILITIES TO ASSIST
HOMELESS

THE

2000 actual

2001 est.

2002 est.

21.40
22.21

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Unobligated balance transferred to other accounts

89.00
90.00

VerDate 19-MAR-2001

08:55 Mar 26, 2001

Jkt 188677

1 ................... ...................
¥1 ................... ...................

PO 00000

2001 est.

2002 est.

00.01

Program and Financing (in millions of dollars)
Identification code 86–0187–0–1–451

2000 actual

Identification code 86–0232–0–1–604

Frm 00018

Fmt 3616

Obligations by program activity:
Renewal of Expiring Contracts ...................................... ...................

100

10.00

Total new obligations (object class 41.0) ................ ...................

100

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ...................
Total new obligations .................................................... ...................

100
¥100

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation ............................................................. ...................

100

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COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year .............................. ................... ...................
72.99
73.10
73.20
74.40
74.99

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

................... ...................
...................
100
...................
¥11

Total new obligations ....................................................

¥5 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.05
Appropriation (indefinite) ..........................................

5 ................... ...................

43.00

Appropriation (total discretionary) ........................

5 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

1 ................... ...................

23.95
89
89
100
¥57

...................

132

Obligated balance, end of year ............................ ...................

132

Outlays (gross), detail:
86.90 Outlays from new discretionary authority ..................... ...................
11
86.93 Outlays from discretionary balances ............................. ................... ...................

11
46

87.00

499

Net budget authority and outlays:
89.00 Budget authority ............................................................ ...................
90.00 Outlays ........................................................................... ...................

100
11

100
57

Shelter Plus Care provides rental assistance that, when
combined with social services, supplies supportive housing
for homeless people with disabilities and their families. Homeless people with disabilities often need more than shelter
to live independently, such as medical care or other social
services. Shelter Plus Care provides for a variety of housing
choices such as group homes or individual units, coupled with
a range of supportive services (which are funded by other
sources). Grantees must match the rental assistance with supportive services that are at least equal in value to the amount
of HUD’s rental assistance. The Shelter Plus Care renewal
funding will renew contracts on a one-year basis and will
also provide funding to amend contracts that were previously
extended but which will run out of funding.

1 ................... ...................
5 ................... ...................
¥5 ................... ...................

86.90

Total outlays (gross) ................................................. ...................

72.99
73.10
73.20

Outlays (gross), detail:
Outlays from new discretionary authority .....................

5 ................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

5 ................... ...................
5 ................... ...................

The Communities in Schools program, formerly known as
the National Cities in Schools program, provides funding to
empower local communities to work through collaborative
public/private partnerships involving schools, public housing
communities, and community organizations to prevent youngsters from dropping out of school, while involving youth in
local community building, job training and neighborhood revitalization projects. P.L. 105–276 authorized the transfer of
$5,000,000 in Annual Contributions for Assisted Housing recaptures to this account in 1999. The 2000 Appropriations
Act (P.L. 106–74) provided $5 million. No funding was provided in 2001 and none is requested for 2002.
f

INNOVATIVE HOMELESS INITIATIVES DEMONSTRATION PROGRAM

Public enterprise funds:
REVOLVING FUND (LIQUIDATING PROGRAMS)

Program and Financing (in millions of dollars)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0221–0–1–604

2001 est.

2002 est.
2000 actual

Identification code 86–4015–0–3–451

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................
72.99
73.31

89.00
90.00

Obligated balance, start of year ..........................
Obligated balance transferred to other accounts .........

9 ................... ...................
9 ................... ...................
¥9 ................... ...................

Section 2 of the HUD Demonstration Act of 1993 authorized
assistance for projects intended to provide a continuum of
care for homeless persons and for innovative programs to
assist homeless persons. Eligible recipients included States,
units of local government, Indian tribes, and nonprofit organizations. Authorization for this program expired at the end
of 1994. The 2000 Appropriations Act transferred all balances
in this account to the Homeless Assistance Grants account.
f

NATIONAL CITIES

SCHOOLS COMMUNITY DEVELOPMENT PROGRAM

Obligations by program activity:
Loan servicing ................................................................
Administrative expenses ................................................

6
1

9
1

8
1

10.00

Total new obligations ................................................

93
36

76
42

63
37

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................
22.40 Capital transfer to general fund ...................................
21.40
22.00
22.10

23.90
23.95
24.40

82
¥7
76

73
¥10
63

60
¥9
51

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

2002 est.

00.01

Obligations by program activity:
Grants for Schools .........................................................
Total new obligations (object class 41.0) ................

72.99
73.10
73.20
73.45

9
6
3
7
10
9
¥7
¥13
¥9
¥3 ................... ...................

5 ................... ...................

10.00

86.98

2001 est.

3 ................... ...................
¥50
¥45
¥40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

74.99

2000 actual

Identification code 86–0220–0–1–451

2002 est.

09.01
09.03

74.40

Program and Financing (in millions of dollars)

2001 est.

5 ................... ...................

Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................

VerDate 19-MAR-2001

08:55 Mar 26, 2001

Jkt 188677

Obligated balance, end of year ............................

Outlays (gross), detail:
Outlays from mandatory balances ................................

5 ................... ...................

PO 00000

Frm 00019

Fmt 3616

Sfmt 3643

E:\BUDGET\HUD.XXX

pfrm07

PsN: HUD

500

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

REVOLVING FUND (LIQUIDATING PROGRAMS)—Continued

3100
3300

NET POSITION:
Appropriated capital ................................
Cumulative results of operations ............

193
106

10
218

10
171

10
140

Program and Financing (in millions of dollars)—Continued

3999

Total net position ................................

299

228

181

150

4999

Total liabilities and net position ............

308

237

186

154

Public enterprise funds—Continued

2000 actual

Identification code 86–4015–0–3–451

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

2001 est.

2002 est.

Object Classification (in millions of dollars)
¥36

¥42

¥37

Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ................... ...................
90.00 Outlays ...........................................................................
¥29
¥29
¥28

2000 actual

Identification code 86–4015–0–3–451

2001 est.

2002 est.

25.2
32.0

Other services ................................................................
Land and structures ......................................................

5
2

7
3

6
3

99.9

Total new obligations ................................................

Status of Direct Loans (in millions of dollars)
Credit accounts:
2000 actual

Identification code 86–4015–0–3–451

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1251 Repayments: Repayments and prepayments .................
1263 Write-offs for default: Direct loans ...............................
1290

Outstanding, end of year ..........................................

2001 est.

2002 est.

COMMUNITY DEVELOPMENT LOAN GUARANTEES PROGRAM ACCOUNT

175
¥28
¥5

142
¥30
¥3

109
¥25
¥2

142

109

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4015–0–3–451

2210
2251

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Repayments and prepayments ......................................

2001 est.

2002 est.

1 ................... ...................
¥1 ................... ...................

The Revolving fund (liquidating programs) was established
by the Independent Offices Appropriations Act of 1955 for
the efficient liquidation of assets acquired under a number
of housing and urban development programs.

1999 actual

2000 actual

2001 est.

2002 est.

Revenue ...................................................
Expense ....................................................

11
–1

5
–4

0105

Net income or loss (–) ............................

1604
1606
1699
1801

Direct loans and interest receivable, net .....................................
Foreclosed property .............................
Value of assets related to direct
loans ..........................................
Other Federal assets: Cash and other
monetary assets ..................................

1999

Total assets ........................................
LIABILITIES:
Non-Federal liabilities:
2201
Accounts payable ................................
2207
Other ...................................................
2999

Total liabilities ....................................

VerDate 19-MAR-2001

08:55 Mar 26, 2001

2001 est.

Obligations by program activity:
Community development loan guarantee credit subsidy ............................................................................
00.09 Administrative expense ..................................................

1999 actual

2000 actual

2002 est.

103

20
..................

17
1

16
..................

15
..................

10.00

Total new obligations (object class 33.0) ................

22.00
23.95
23.98

Balance Sheet (in millions of dollars)

ASSETS:
1101 Federal assets: Fund balances with
Treasury ...............................................
Non-Federal assets:
1206
Receivables, net ..................................
1207
Advances and prepayments ................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1602
Interest receivable ..............................
1603
Allowance for estimated uncollectible
loans and interest (–) ....................

2000 actual

2001 est.

2002 est.

00.02

0101
0102

Identification code 86–4015–0–3–451

Program and Financing (in millions of dollars)
Identification code 86–0198–0–1–451

Statement of Operations (in millions of dollars)
Identification code 86–4015–0–3–451

For the cost of guaranteed loans, $14,000,000, as authorized
by section 108 of the Housing and Community Development
Act of 1974: Provided, That such costs, including the cost
of modifying such loans, shall be as defined in section 502
of the Congressional Budget Act of 1974, as amended: Provided further, That these funds are available to subsidize total
loan principal, any part of which is to be guaranteed, not
to exceed $608,696,000 notwithstanding any aggregate limitation on outstanding obligations guaranteed in section 108(k)
of the Housing and Community Development Act of 1974. In
addition, for administrative expenses to carry out the guaranteed loan program, $1,000,000 which shall be transferred to
and merged with the appropriation for ‘‘Salaries and Expenses’’.

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

9
1

29
1

14
1

30
30
15
¥10
¥30
¥15
¥20 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

18
10
¥7

22
30
¥20

32
15
¥20

175
16

142
12

109
11

82
10

72.99
73.10
73.20

–7

–19

–17

–15

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

Obligated balance, end of year ............................

184
..................

135
1

103
1

77
1
86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

2
5

5
15

3
17

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

30
7

30
20

15
20

184

136

104

308

237

186

154

1
8

1
4

1
3

Jkt 188677

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Guaranteed Loans.—The Community Development Loan
Guarantee program (Section 108) has a proposed commitment

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COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

level of $609 million in 2002. The credit subsidy/administrative cost estimate for the guaranteed loan program is $15
million in 2002.
Section 108 loan guarantees are used by Community Development Block Grant entitlement and nonentitlement communities (assisted by their State) to cover the cost of: acquiring
real property; rehabilitating publicly owned real property;
housing rehabilitation; and, certain other economic development activities. In addition, Section 108 has, in some cases,
been used to finance the construction of housing by nonprofit
organizations.

501

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4096–0–3–451

2001 est.

2002 est.

1,261
1,258
609
¥849 ................... ...................

2001 est.

412

1,258

609

2210
2231
2251

1,509
322
¥139

1,692
500
¥250

1,942
400
¥200

Outstanding, end of year ..........................................

1,692

1,942

2,142

2299

2000 actual

Identification code 86–0198–0–1–451

(in

Total guaranteed loan commitments ........................

2290

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program
millions of dollars)

2150

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

1,692

1,942

2,142

2002 est.

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................

1,261

1,258

609

2159

1,261

1,258

609

2.30

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ...................................................................
2329

Weighted average subsidy rate .................................
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ...............................................

Balance Sheet (in millions of dollars)

1101
29

1999 actual

Identification code 86–4096–0–3–451

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................

2000 actual

2001 est.

2002 est.

Total subsidy budget authority .................................
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................
2349

Total subsidy outlays ................................................

Administrative expense data:
3510 Budget authority ............................................................
1
1
1
3580 Outlays from balances ................................................... ................... ................... ...................
3590 Outlays from new authority ...........................................
1
1
1

As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1992 and beyond (including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any
year), as well as administrative expenses of this program.
The subsidy amounts are estimated on a present value basis;
the administrative expenses are estimated on a cash basis.
f

COMMUNITY DEVELOPMENT LOAN GUARANTEES FINANCING ACCOUNT
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4096–0–3–451

2001 est.

2002 est.

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

2999

2339

Total liabilities ....................................

4999

Total liabilities and net position ............

1999

Guaranteed loans.—The Community Development Loan
Guarantees program provides a mechanism for the Federal
guarantee of private loans. There is an accompanying liquidating account which shows activity for Federal Financing
Bank (FFB) direct loan activity, obligated prior to July 1,
1986. Also following is a status of privately financed guaranteed loan commitments made prior to 1992.
As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees committed
in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The
amounts in this account are a means of financing and are
not included in the budget totals. As required by the Federal
Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.
f

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New financing authority (gross) ....................................

16
7

22
21

44
22

COMMUNITY DEVELOPMENT LOAN GUARANTEES LIQUIDATING
ACCOUNT

23.90
24.40

23
22

43
44

66
67

Program and Financing (in millions of dollars)

Total budgetary resources available for obligation
Unobligated balance carried forward, end of year .......

2000 actual

Identification code 86–4097–0–3–451

New financing authority (gross), detail:
Discretionary:
68.00
Spending authority from offsetting collections
(gross): Offsetting collections (cash) ...................

¥6
¥1

¥19
¥2

¥19
¥3

88.90

¥7

¥21

¥22

89.00
90.00

Total, offsetting collections (cash) ..................

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Fmt 3616

22.00
22.40
22.70

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Capital transfer to general fund ...................................
Balance of authority to borrow withdrawn ....................

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................
69.27
Capital transfer to general fund ..............................
69.90

Spending authority from offsetting collections
(total mandatory) .............................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

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2001 est.

2002 est.

4 ................... ...................
134 ................... ...................
¥138 ................... ...................

7
¥3

4
¥4

4 ................... ...................

134

502

COMMUNITY PLANNING AND DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

Credit accounts—Continued
COMMUNITY DEVELOPMENT LOAN GUARANTEES LIQUIDATING
ACCOUNT—Continued
Program and Financing (in millions of dollars)—Continued
2000 actual

Identification code 86–4097–0–3–451

72.99

2001 est.

2002 est.

134

74.40

Obligated balance, start of year ..........................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

134

74.99

Obligated balance, end of year ............................

134

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥7

¥4

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

¥3
¥7

¥4
¥4

89.00
90.00

As required by the Federal Credit Reform Act of 1990,
this account records all cash flows to and from the Government resulting from Federal Financing Bank (FFB) direct
loans for which loan guarantees were committed prior to
1992. This account is shown on a cash basis.
Guaranteed loans.—Guaranteed loan assistance under the
Community Development Loan Guarantees program is provided to eligible communities to finance economic development
activities, housing rehabilitation, development or expansion
of public facilities, acquisition of real property, rehabilitation
of publicly owned real property, and certain related expenses.
In the past, the FFB financed these guaranteed loans. The
Consolidated Omnibus Budget Reconciliation Act of 1985 required private financing of all loan guarantees committed
after July 1, 1986. FFB will continue disbursing loans for
commitments approved prior to July 1, 1986. The activity
shown in the above account reflects privately financed guaranteed loans for which commitments were made prior to 1992.
f

Status of Direct Loans (in millions of dollars)
2000 actual

Identification code 86–4097–0–3–451

AMERICA’S PRIVATE INVESTMENT COMPANIES PROGRAM ACCOUNT
2001 est.

2002 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
13
13
13
1251 Repayments: Repayments and prepayments ................. ................... ................... ...................
1290

Outstanding, end of year ..........................................

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4097–0–3–451

2001 est.

134
¥27

107
¥25

82
¥23

Outstanding, end of year ..........................................

107

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

107

Statement of Operations (in millions of dollars)

0101
0102

Revenue ...................................................
Expense ....................................................

1999 actual

2000 actual

8
–8

2
–2

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0326–0–1–451

New budget authority (gross), detail:
Discretionary:
40.05
Appropriation (indefinite) ..........................................
41.00
Transferred to other accounts ...................................

2001 est.

2002 est.

20 ................... ...................
¥20 ................... ...................

2002 est.

2290

Identification code 86–4097–0–3–451

INCLUDING TRANSFER OF FUNDS

89.00
90.00

The 2000 appropriation provided $20 million for America’s
Private Investment Companies (APIC) contingent upon the
program’s authorization. The program was not authorized and
the funding was transferred to Community Development Financial Institutions. No funding was provided for 2001 and
none is proposed for 2002.
f

2001 est.

2
–2

2002 est.

2
–2

AMERICA’S PRIVATE INVESTMENT COMPANIES LOAN GUARANTEE
FINANCING ACCOUNT
Status of Guaranteed Loans (in millions of dollars)

Balance Sheet (in millions of dollars)
Identification code 86–4097–0–3–451

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1701
Defaulted guaranteed loans, gross ....
1702
Interest receivable ..............................
1799
1901

Value of assets related to loan
guarantees .................................
Other Federal assets: Other assets ........

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2103
Debt .....................................................
2105
Other ...................................................
2201 Non-Federal liabilities: Accounts payable

1999 actual

2000 actual

2001 est.

2002 est.

–4

..................

2001 est.

2002 est.

541 ................... ...................
¥541 ................... ...................

HOUSING PROGRAMS
13
4

11
..................

17
139

11
..................

163

..................
14
149

11
..................
..................

Federal Funds

11
..................

General and special funds:
HOUSING

Total liabilities ....................................

163

4999

Total liabilities and net position ............

163

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08:55 Mar 26, 2001

..................

2999

VerDate 19-MAR-2001

2000 actual

Identification code 86–4102–0–3–451

Frm 00022

Fmt 3616

FOR

(INCLUDING

SPECIAL POPULATIONS
TRANSFER OF FUNDS)

For assistance for the purchase, construction, acquisition, or development of additional public and subsidized housing units for low
income families not otherwise provided for, ø$996,000,000¿
$1,001,009,000, to remain available until expended: Provided, That
ø$779,000,000¿ $783,286,000 shall be for capital advances, including
amendments to capital advance contracts, for housing for the elderly,
as authorized by section 202 of the Housing Act of 1959, as amended,
and for project rental assistance, and amendments to contracts for
project rental assistance, for the elderly under such section 202(c)(2),
and for supportive services associated with the housing, of which

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HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
amount ø$50,000,000¿ $49,890,000 shall be for service coordinators
and the continuation of existing congregate service grants for residents of assisted housing projects, of which amount up to $3,000,000
shall be available to renew expiring project rental assisance contracts
for up to a one-year term, and of which amount ø$50,000,000¿
$49,890,000 shall be for grants under section 202b of the Housing
Act of 1959 (12 U.S.C. 1701q–2) for conversion of eligible projects
under such section to assisted living or related use: Provided further,
That of the amount under this heading, ø$217,000,000¿ $217,723,000
shall be for capital advances, including amendments to capital advance contracts, for supportive housing for persons with disabilities,
as authorized by section 811 of the Cranston-Gonzalez National Affordable Housing Act, for project rental assistance, for amendments
to contracts for project rental assistance, and supportive services associated with the housing for persons with disabilities as authorized
by section 811 of such Act, of which up to $1,200,000 shall be available to renew expiring project rental assistance contracts for up to
a one-year term: Provided further, That ø$1,000,000¿ up to
$3,000,000, to be divided evenly between the appropriations for the
section 202 and section 811 programs, shall be øtransferred to the
Working Capital Fund for the development and maintenance of¿
available for information technology øsystems¿: Provided further,
That the Secretary may designate up to 25 percent of the amounts
earmarked under this paragraph for section 811 of such Act for tenant-based assistance, as authorized under that section, including such
authority as may be waived under the next proviso, which assistance
is 5 years in duration: Provided further, That the Secretary may
waive any provision of such section 202 and such section 811 (including the provisions governing the terms and conditions of project rental assistance and tenant-based assistance) that the Secretary determines is not necessary to achieve the objectives of these programs,
or that otherwise impedes the ability to develop, operate, or administer projects assisted under these programs, and may make provision
for alternative conditions or terms where appropriate. (Departments
of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section
1(a)(1) of P.L. 106–377.)

90.00

Outlays ...........................................................................

720

503
988

1,025

00.01

Obligations by program activity:
Direct Program Activity ..................................................

937

939

1,001

This account consolidates activity under the Section 202
Housing for the Elderly Program and the Section 811 Housing
for the Disabled Program. In 2002, $1,001 million is requested
for the Housing for Special Populations account.
Housing for the Disabled.—$217.7 million is proposed for
housing for persons with disabilities, including language to
permit up to 25 percent of these funds to be earmarked for
tenant-based assistance which increases the number of persons that can be assisted by maximizing the use of the private
market.
Housing for the Elderly.—A total of $783 million is proposed
for housing for the elderly. Of this amount $50 million is
for the capital grant program to convert existing 202 properties to assisted living under appropriate conditions. These
funds for capital grants are available to existing HUD elderly
subsidized (Section 202) projects that convert some or all
units to Assisted Living.
Conversion of units to assisted living will make available
to low-income elderly, a new type of housing that Americans
with higher incomes already benefit from in increasing numbers. Converting some Section 202 projects to assisted living
brings this successful innovation to a population that includes
a much higher proportion of frail elderly than when subsidized apartment projects were first constructed. These elderly need additional help with various tasks in order to continue
living as independently as possible. Projects need to be reconfigured to provide more congregate areas and room for additional services. As a result of this investment, people who
otherwise would be confined to nursing homes and receive
a higher level of care can enjoy a much greater degree of
independence.
$50 million is provided for a service coordinator program
that will serve both residents of HUD-assisted elderly housing
and other eligible elderly residing in the neighborhood in
which such projects are located on an exception basis. These
grants and the 202 program will address the growing housing
needs of the nation’s elderly.

10.00

Total new obligations (object class 41.0) ................

937

939

1,001

21.40
22.00
22.10

2,749
911

2,760
994

2,817
1,001

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0320–0–1–604

2001 est.

2002 est.

3,754
¥939
2,817

3,818
¥1,001
2,817

43.00

Appropriation (total discretionary) ........................

911

994

1,001

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

3,799

3,978

3,929

74.40
74.99

Program and Financing (in millions of dollars)

3,799
3,978
3,929
937
939
1,001
¥720
¥988
¥1,025
¥37 ................... ...................

10.00

Total new obligations (object class 41.0) ................

21.40
21.49

21.99

3,978

3,929

3,905

Obligated balance, end of year ............................

3,978

3,929

3,905

22.75

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

720

988

1,025

89.00

Net budget authority and outlays:
Budget authority ............................................................

23.90
23.95
24.40
24.49

911

994

1,001

08:55 Mar 26, 2001

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2001 est.

2002 est.

Obligations by program activity:
Rent supplement ............................................................
7
6
6
Homeownership and rental housing assistance (Sections 235 and 236) ...................................................
867
60
60
00.03 College Housing .............................................................
1 ................... ...................
00.04 IRP Rehab Grants/Loans ................................................ ...................
100
300

22.00
22.10

VerDate 19-MAR-2001

2000 actual

Identification code 86–0206–0–1–999

00.01
00.02
996
1,001
¥2 ...................

RENTAL HOUSING ASSISTANCE

37 ................... ...................
3,697
¥937
2,760

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
911
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

72.99
73.10
73.20
73.45

OTHER ASSISTED HOUSING PROGRAMS

Frm 00023

Fmt 3616

Total unobligated balance carried forward, start
of year ...................................................................
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................
Balance of contract authority withdrawn ......................
Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......
Unobligated balance carried forward, end of year:
Contract authority .....................................................

Sfmt 3643

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875

166

366

264

1,053

1,025

1,060
1,055
1,289
818 ................... ...................
73
400
200
¥21 ................... ...................
1,930
¥875
30

1,455
¥166
264

1,489
¥366
98

1,025

504

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
OTHER ASSISTED HOUSING PROGRAMS—Continued
RENTAL HOUSING ASSISTANCE—Continued
Program and Financing (in millions of dollars)—Continued
2000 actual

Identification code 86–0206–0–1–999

24.99

Total unobligated balance carried forward, end of
year .......................................................................

1,055

New budget authority (gross), detail:
Discretionary:
40.05
Appropriation (indefinite) ..........................................
40.36
Homeownership Assistance Rescission .....................
40.49
Portion applied to liquidate contract authority ........
49.05
Contract authority (indefinite) ..................................
70.00

2001 est.

1,289

2002 est.

1,123

736
698
712
¥7 ................... ...................
¥729
¥698
¥712
818 ................... ...................

Total new budget authority (gross) ..........................

Section 236.—The Housing and Urban Development Act of
1968, as amended, authorizes the section 236 Rental Housing
Assistance Program which subsidizes the monthly mortgage
payment that an owner of a rental or cooperative project
is required to make. This interest subsidy reduces rents for
lower income tenants.
IRP Rehab Grants.—Title V of the 1998 Appropriations Act
(P.L. 105–65) establishes a program of rehabilitation grants
for owners of eligible projects. An estimated $300 million of
such grants are expected in 2001.
The table below reflects the consolidated outlay total for:
the Housing Certificate Fund; the Public Housing Capital
Fund; and the Other Assisted Housing account, for 2000,
2001, and 2002.
SUMMARY OF OUTLAYS 1

818 ................... ...................

(in millions of dollars)
2000 actual

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

10,655

10,775

9,843

72.99
73.10
73.20
73.45

10,655
875
¥682
¥73

10,775
166
¥698
¥400

9,843
366
¥712
¥200

74.40

10,775

9,843

9,297

74.99
75.01
75.02

Obligated balance, end of year ............................
Obligated balance, start of year: Contract authority
Obligated balance, end of year: Contract authority

10,775
10,616
10,705

9,843
10,705
10,007

9,297
10,007
9,295

Subsidized housing programs, total ...........................................
Low-income housing assistance (sec. 8) ...................................
Public housing capital fund .......................................................
Rent supplement .........................................................................
Homeownership assistance (sec. 235) .......................................
Rental housing assistance (sec. 236) ........................................
College housing grants ...............................................................
1 Includes

2001 est.

20,344
15,972
3,690
54
17
596
15

21,071
16,655
3,718
56
16
610
16

2002 est.

21,960
17,676
3,572
55
16
625
16

outlays for contract renewals.
f

HOMEOWNERSHIP

AND OPPORTUNITY FOR PEOPLE
GRANTS (HOPE GRANTS)

EVERYWHERE

Program and Financing (in millions of dollars)
Outlays (gross), detail:
86.93 Outlays from discretionary balances .............................

89.00
90.00

682

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

698

712

818 ................... ...................
682
698
712

2000 actual

Identification code 86–0196–0–1–604

21.40
22.00
22.10

2001 est.

2002 est.

14 ................... ...................
¥19 ................... ...................
5 ................... ...................

Status of Contract Authority (in millions of dollars)
2000 actual

Identification code 86–0206–0–1–999

0100

Balance, start of year ....................................................
Contract authority:
0200 Contract authority ..........................................................
0400 Appropriation to liquidate contract authority ................
0600 Balance of contract authority withdrawn ......................
0700 Balance, end of year .....................................................

11,669

2001 est.

11,730

2002 est.

11,032

811 ................... ...................
¥729
¥698
¥712
¥21 ................... ...................
11,730
11,032
10,320

New budget authority (gross), detail:
Discretionary:
40.36
Unobligated balance rescinded .................................
Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

OTHER ASSISTED HOUSING

72.99
73.20
73.45

Summary of Administrative Commitments

74.40

Obligated balance, start of year ..........................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

(in millions of dollars)

Assistance contracts:
College Housing ......................................................................
Rent supplement .....................................................................
Homeownership and rental housing assistance (sections
235 and 236) .....................................................................
IRP Rehab Grants ........................................................................
Administrative commitments, start of year ................................
Administrative commitments, end of year ..................................

2000 actual

867
0
16
–16

60
100
16
–16

60
300
16
–16

Total obligations ............................................................

875

166

366

2001 est.

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7
6
6

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81
51
26
¥25
¥25
¥25
¥5 ................... ...................
51

Obligated balance, end of year ............................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

2002 est.

The Other Assisted Housing Account contains the programs
listed below:
Rent supplement.—Rent supplement assistance payments
will continue to be made on behalf of qualified low-income
tenants in approximately 20,000 units which have not converted to section 8.
Section 235.—The Housing and Urban-Rural Recovery Act
of 1983 (Public Law 98–181) authorized a restructured section
235 (Homeownership Assistance) program based on a 10-year
interest reduction subsidy. This replaced earlier versions of
the program, the original and the revised versions. All were
below interest rate mortgages for single family homes.

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¥19 ................... ...................

Fmt 3616

¥19 ................... ...................
25
25
25

The Homeownership and Opportunity for People Everywhere Program provided affordable homeownership opportunities for low-income families. Units were converted to homeownership from public and Indian housing properties in
HOPE 1, from FHA-insured and Government-held multifamily properties in HOPE 2, and from Government-owned
or -held single family properties in HOPE 3. HOPE Grants
were used for property acquisition, rehabilitation, mortgage
subsidies, security measures, and technical assistance. In addition, grants have been devoted to counseling and training
of residents, and other activities intended to help them become economically self-sufficient homeowners. No funding is
being requested for 2002. This schedule reflects the liquidation of prior year balances.

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HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
CONGREGATE SERVICES

Program and Financing (in millions of dollars)

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0178–0–1–604

505

2000 actual

Identification code 86–5271–0–2–376
2001 est.

2002 est.

2001 est.

2002 est.

00.01
00.02

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

2 ................... ...................

72.99
73.20
73.40

Obligated balance, start of year ..........................
Total outlays (gross) ......................................................
Adjustments in expired accounts (net) .........................

2 ................... ...................
¥1 ................... ...................
¥1 ................... ...................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

1 ................... ...................

89.00
90.00

Under the Congregate Services program, HUD contracted
directly with local public housing agencies and section 202
housing for the elderly or disabled sponsors to supply support
services, including meals and other services. No new funds
are requested under this account. However, congregate services are an eligible activity in 2002 under the Community
Develoment Block Grant program. Renewals of congregate
services contracts for assisted housing are funded within the
Housing for Special Populations account. This schedule reflects the liquidation of prior year balances from the separately appropriated Congregate Services Program.

Obligations by program activity:
Transfer to salaries and expenses ................................
Other program costs ......................................................

1
14

1 ...................
4 ...................

10.00

Total new obligations (object class 25.2) ................

5 ...................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

9
5 ...................
11 ................... ...................

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

20
5 ...................
¥15
¥5 ...................
5 ................... ...................

New budget authority (gross), detail:
Mandatory:
60.25
Appropriation (special fund, indefinite) ....................

11 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

2
2
5 ...................
¥5
¥2

2 ...................

74.99

Obligated balance, end of year ............................

2 ...................

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

87.00

SECTION 8 MODERATE REHABILITATION

1
15
¥14

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

86.97
86.98

72.99
73.10
73.20

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

9 ................... ...................
5
5
2
14

SINGLE ROOM OCCUPANCY

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0195–0–1–604

2001 est.

2002 est.

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
Unobligated balance transferred to other accounts

65 ................... ...................
¥65 ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

337 ................... ...................

21.40
22.21

72.99
73.31

89.00
90.00

Obligated balance, start of year ..........................
Obligated balance transferred to other accounts .........

337 ................... ...................
¥337 ................... ...................

This account provides spending for HUD and its agents
for development of manufactured housing standards. Consistent with the Manufactured Housing Improvement Act of
2000, spending for 2002 on these activities is proposed in
the Manufactured Housing Fees Trust Fund account.
f

Public enterprise funds:
RENTAL HOUSING ASSISTANCE FUND

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4041–0–3–604

Section 8 assistance for single room occupancy dwellings
is authorized by Title IV, subtitle E, of the McKinney-Vento
Homeless Assistance Act, as amended by the Housing and
Community Development Act of 1992. Since 1995, these activities have been funded in the Homeless Assistance Grants
account. The 2000 Appropriations Act transferred all balances
in this account to the Homeless Assistance Grants account.

(INCLUDING

AND

MONITORING

TRANSFERS OF FUNDS)

Unavailable Collections (in millions of dollars)
2000 actual

Identification code 86–5271–0–2–376

Receipts:
02.00 Manufactured home inspection and monitoring ...........
Appropriations:
05.00 Manufactured home inspection and monitoring ...........
07.99

2001 est.

2002 est.

11 ................... ...................
¥11 ................... ...................

Balance, end of year ..................................................... ................... ................... ...................

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09.00
09.01

2001 est.

2002 est.

Obligations by program activity:
Reimbursable program ..................................................
19 ...................
16
Refunds of Excess Income ............................................. ...................
17 ...................

Fmt 3616

10.00

Total new obligations (object class 25.2) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

1
19

1
17

1
16

23.90
23.95
24.40

MANUFACTURED HOME INSPECTION

11 ................... ...................
14
5
2

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

20
¥19
1

18
¥17
1

17
¥16
1

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

7
19

19
17

19
16

72.99
73.10

Obligated balance, start of year ..........................
Total new obligations ....................................................

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506

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002
68.90

Public enterprise funds—Continued

Spending authority from offsetting collections
(total discretionary) .....................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

RENTAL HOUSING ASSISTANCE FUND—Continued
Program and Financing (in millions of dollars)—Continued
2000 actual

Identification code 86–4041–0–3–604

2001 est.

2002 est.

74.40

74.99

Obligated balance, end of year ............................

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

89.00
90.00

¥16

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

¥17

¥19

¥17

¥16

The Housing and Urban Development Act of 1968 authorized the Secretary to establish a revolving fund into which
rental collections in excess of the established basic rents for
units in section 236 subsidized projects would be deposited.
The Housing and Community Development Amendment of
1978 authorized the Secretary, subject to approval in appropriation acts, to transfer excess rent collections received after
1978 to the Troubled Projects Operating Subsidy program,
renamed the Flexible Subsidy Fund. Prior to that time, collections were used for paying tax and utility increases in section
236 projects. The Housing and Community Development Act
of 1980 amended the 1978 Act by authorizing the transfer
of excess rent collections regardless of when collected. This
Budget proposes that the resources from the Rental Housing
Assistance Fund continue to be transferred to the Flexible
Subsidy Fund.
FLEXIBLE SUBSIDY FUND
OF FUNDS)

From the Rental Housing Assistance Fund, all uncommitted balances of excess rental charges as of September 30, ø2000¿ 2001,
and any collections made during fiscal year ø2001¿ 2002, shall be
transferred to the Flexible Subsidy Fund, as authorized by section
236(g) of the National Housing Act, as amended. (Departments of
Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section
1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)

09.00
09.01

2000 actual

Obligations by program activity:
Reimbursable program ..................................................
12
Refund of Excess Income .............................................. ...................

10.00

Total new obligations (object class 41.0) ................

21.40
22.00
22.10

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

New budget authority (gross), detail:
Spending authority from offsetting collections:
Discretionary:
68.00
Offsetting collections (cash) ................................

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86.93

28
14
12
12
38 ...................
¥17
¥40
¥12
¥6 ................... ...................
¥1 ................... ...................
14

12 ...................

Obligated balance, end of year ............................

12 ...................

Outlays (gross), detail:
Outlays from discretionary balances .............................

¥7 ...................
¥8
¥8

¥16
¥8

89.00
90.00

92.01

Total, offsetting collections (cash) ..................

¥15

¥8

¥24

Net budget authority and outlays:
Budget authority ............................................................ ................... ................... ...................
Outlays ...........................................................................
2
32
¥12
Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value ...................................................................

205 ................... ...................

Status of Direct Loans (in millions of dollars)
2000 actual

Identification code 86–4044–0–3–604

2001 est.

2002 est.

264
15

2001 est.

2002 est.

18 ...................
20 ...................
38 ...................

268
8

238
24

1 ................... ...................
280
¥12
268

276
262
¥38 ...................
238
262

1210
1231
1251
1264

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Disbursements: Direct loan disbursements ...................
Repayments: Repayments and prepayments .................
Write-offs for default: Other adjustments, net .............

761
17
¥4
¥71

703
20
¥4
¥71

648
12
¥4
¥71

1290

Identification code 86–4044–0–3–604

72.99
73.10
73.20
73.40
73.45

(TRANSFER

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Adjustments in expired accounts (net) .........................
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

¥7

74.40

Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

73.20

Outstanding, end of year ..........................................

703

648

585

The Flexible Subsidy Fund assisted financially troubled
subsidized projects under certain FHA authorities. The subsidies were intended to prevent potential losses to the FHA
fund resulting from project insolvency and to preserve these
projects as a viable source of housing for low and moderateincome tenants. Priority was given to projects with Federal
insurance-in-force and then to those with mortgages that had
been assigned to the Department of Housing and Urban Development.
The budget assumes that the account will continue to serve
as a repository of excess rental charges appropriated from
the Rental Housing Assistance Fund. Since 1996, these resources have not been used for new reservations but they
continue to offset Flexible Subsidy outlays and other discretionary expenditures. In 2000, Congress enacted legislation
which permits excess income balances in the Rental Housing
Assistance Fund or transferred to the Flexible Subsidy Fund
to be used for refunds of prior excess income remittances,
as permitted by law.
Statement of Operations (in millions of dollars)

PO 00000

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1999 actual

2000 actual

0101
0102

Revenue ...................................................
Expense ....................................................

54
–1

–15
–31

1
–20

13
..................

0105

Net income or loss (–) ............................

–46

–19

Identification code 86–4044–0–3–604

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2001 est.

2002 est.

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

NEHEMIAH HOUSING OPPORTUNITY FUND

Balance Sheet (in millions of dollars)
1999 actual

Identification code 86–4044–0–3–604

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1102
Treasury securities, par ..................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1603
Allowance for estimated uncollectible
loans and interest (–) ....................
1699

Value of assets related to direct
loans ..........................................

1999

2000 actual

2001 est.

Program and Financing (in millions of dollars)

2002 est.

281

266

278

2001 est.

2002 est.

21.40

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year

23.90
24.40

Total budgetary resources available for obligation
Unobligated balance carried forward, end of year .......

3
3

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

21
¥6

16
¥8

8
¥8

205

..................

786

760

776

784

–692

–678

–698

–705

72.99
73.20

74.40

8 ...................

74.99

Obligated balance, end of year ............................

8 ...................

86.93

Outlays (gross), detail:
Outlays from discretionary balances .............................

89.00
90.00

Total assets ........................................
LIABILITIES:
2207 Non-Federal liabilities: Other ..................

407

363

344

357

..................

2999

..................

217
190

217
143

217
124

217
137

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................
3300 Cumulative results of operations ............

2000 actual

Identification code 86–4071–0–3–604

108

507

3999

Total net position ................................

407

360

341

Total liabilities and net position ............

407

363

344

357

354

4999

The Nehemiah grants program was authorized by the Housing and Community Development Act of 1987 to provide loans
to eligible families to assist in the purchase of new or substantially rehabilitated units. This schedule reflects the liquidation of remaining reserved and obligated balances.

HOMEOWNERSHIP ASSISTANCE FUND

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4043–0–3–604

Credit accounts:
2001 est.

FHA—MUTUAL MORTGAGE INSURANCE PROGRAM ACCOUNT

2002 est.

(INCLUDING
Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
21.49 Unobligated balance carried forward, start of year:
Contract authority .....................................................
21.99

23.90
24.40
24.49

24.99

89.00
90.00

Total unobligated balance carried forward, start
of year ...................................................................
Total budgetary resources available for obligation
Unobligated balance carried forward, end of year .......
Unobligated balance carried forward, end of year:
Contract authority .....................................................
Total unobligated balance carried forward, end of
year .......................................................................

84
23

Status of Contract Authority (in millions of dollars)
2000 actual

Identification code 86–4043–0–3–604

0100
0700

Balance, start of year ....................................................
Balance, end of year .....................................................

61
61

2001 est.

61
61

2002 est.

61
61

The Homeownership Assistance Fund was established by
the Housing and Urban-Rural Recovery Act of 1983. It provided for the receipt of recaptures of budget authority, cash,
and interest earnings under the restructured section 235 program. The funds were authorized to be used, to the extent
approved in Appropriation Acts, by the Secretary to provide
additional section 235 assistance payments for mortgagors
who are unable to assume the full payment due under the
mortgage after the termination of the original 10-year assistance payments contract.

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TRANSFERS OF FUNDS)

During fiscal year ø2001¿ 2002, commitments to guarantee loans
to carry out the purposes of section 203(b) of the National Housing
Act, as amended, shall not exceed a loan principal of
$160,000,000,000.
During fiscal year ø2001¿ 2002, obligations to make direct loans
to carry out the purposes of section 204(g) of the National Housing
Act, as amended, shall not exceed $250,000,000: Provided, That the
foregoing amount shall be for loans to nonprofit and governmental
entities in connection with sales of single family real properties
owned by the Secretary and formerly insured under the Mutual Mortgage Insurance Fund.
For administrative expenses necessary to carry out the guaranteed
and direct loan program, ø$330,888,000¿ $336,700,000, of which not
to exceed ø$324,866,000¿ $332,678,000 shall be transferred to the
appropriation for ‘‘Salaries and expenses’’; and not to exceed
$4,022,000 shall be transferred to the appropriation for ‘‘Office of
Inspector General’’. In addition, for administrative contract expenses,
$160,000,000ø, of which $96,500,000 shall be transferred to the Working Capital Fund for the development and maintenance of information
technology systems¿: Provided, That a combined total of up to
$160,000,000 from amounts appropriated for administrative contract
expenses under this head and from amounts appropriated for administrative contract expenses under the head, FHA—General and Special
Risk Program Account, shall be made available for information technology: Provided further, That to the extent guaranteed loan commitments exceed $65,500,000,000 on or before April 1, ø2001¿ 2002 an
additional $1,400 for administrative contract expenses shall be available for each $1,000,000 in additional guaranteed loan commitments
(including a pro rata amount for any amount below $1,000,000), but
in no case shall funds made available by this proviso exceed
$16,000,000. (Departments of Veterans Affairs and Housing and
Urban Development, and Independent Agencies Appropriations Act,
2001, as enacted by section 1(a)(1) of P.L. 106–377.)
Unavailable Collections (in millions of dollars)
2000 actual

Identification code 86–0183–0–1–371

02.22

Receipts:
Subsidy balance transfer ............................................... ...................

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2001 est.

2002 est.

4,027 ...................

508

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

Credit accounts—Continued

(INCLUDING

2001 est.

Appropriations:
05.00 FHA mutual mortgage insurance program account ...... ...................
07.99

2002 est.

¥4,027 ...................

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0183–0–1–371

Obligations by program activity:
Reestimates of loan guarantee negative subsidy ......... ...................
Interest on reestimates of loan guarantee subsidy ...................
Administrative expenses, salaries & expenses transfer
329
Non-overhead administrative expenses for FHA contracts .........................................................................
140
00.13 Transfer to Federal Housing Credit Consortium ............ ...................
00.07
00.08
00.09
00.12

10.00

Total new obligations ................................................

22.00
23.95
23.98

469

2001 est.

2002 est.

3,049 ...................
977 ...................
329
337
160
160
2 ...................
4,517

497

491
4,517
497
¥469
¥4,517
¥497
¥22 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
491
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

491
497
¥1 ...................

43.00

490

60.25
70.00

Appropriation (total discretionary) ........................
491
Mandatory:
Appropriation (special fund, indefinite) .................... ...................

497

4,027 ...................

491

4,517

497

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year .............................. ...................

128

128
4,517
¥4,606

40
497
¥496

72.99
73.10
73.20
74.40
74.99

86.90
86.93
86.97
87.00

Total new budget authority (gross) ..........................

Obligated balance, start of year .......................... ...................
Total new obligations ....................................................
469
Total outlays (gross) ......................................................
¥341
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
128
Obligated balance, end of year ............................

128

Outlays (gross), detail:
Outlays from new discretionary authority .....................
341
Outlays from discretionary balances ............................. ...................
Outlays from new mandatory authority ......................... ...................
Total outlays (gross) .................................................

341

450
456
128
40
4,027 ...................
4,606

¥2.07

Weighted average subsidy rate .................................
¥1.99
Guaranteed loan subsidy budget authority:
2330 MMI Section 203(b) negative subsidy ...........................
¥1,864
2330 Reestimates ................................................................... ...................

Unavailable Collections (in millions of dollars)—Continued
2000 actual

¥2.15
¥2.15

¥2.07

2329

TRANSFERS OF FUNDS)—Continued

Identification code 86–0183–0–1–371

Guaranteed loan subsidy (in percent):
Subsidy rate ...................................................................

¥1.99

2320

FHA—MUTUAL MORTGAGE INSURANCE PROGRAM ACCOUNT—
Continued

Total subsidy budget authority .................................
¥1,864
Guaranteed loan subsidy outlays:
2340 Subsidy outlays—MMI 203(b) negative subsidy ..........
¥1,864
2340 Subsidy outlays for net reestimates .............................. ...................
2339

Administrative expense data:
Budget authority ............................................................
491
Outlays from balances ................................................... ...................
Outlays from new authority ...........................................
341

490
128
451

497
40
451

The Federal Housing Administration (FHA) provides mortgage insurance to encourage lenders to make credit available
to expand homeownership and to predominantly serve borrowers that the conventional market does not adequately provide for including: first-time homebuyers; minorities; lowerincome families; and, residents of underserved areas (central
cities and rural areas).
The Budget proposes legislation to allow FHA to insure
a relatively new product on the mortgage market—hybrid
adjustable-rate mortgages (ARMs). Using the conventional
market as a prototype, hybrid ARMs are defined as adjustable-rate loans that carry an initial fixed interest rate for
longer than one year. After the initial fixed-rate period ends,
these loans are subject to interest rate adjustments, typically
on an annual basis and indexed to the corresponding term
Treasury bond yield. FHA intends to develop ARMs with a
set interest rate for an initial period of 3, 5, 7, or 10 years,
and annual interest rate adjustments thereafter. Hybrid
ARMs will substantially enhance FHA’s product line, offering
a sound mortgage product to borrowers who do not qualify
for a fixed-rate mortgage or cannot afford the fixed-rate pricing, but who want to avoid the volatility associated with
traditional ARMs. This new product will increase loan endorsement activity by approximately 40,000 loans, resulting
in an additional $99 million in negative subsidy in 2002.
The Budget proposes an aggregate limitation of $160 billion
on commitments to guarantee loans in 2002.
As required by the Federal Credit Reform Act of 1990,
this account records administrative expenses for this program,
as well as the subsidy costs, if any, associated with the loan
guarantees committed in 1992 and thereafter. The subsidy
amounts are estimated on a present value basis; the administrative expenses are estimated on a cash basis.
Object Classification (in millions of dollars)

497
496

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program
millions of dollars)

25.2
25.3

2000 actual

(in

41.0
43.0

Other services ................................................................
140
Purchases of goods and services from Government
accounts ....................................................................
329
Grants, subsidies, and contributions ............................ ...................
Interest and dividends ................................................... ...................

99.9
2000 actual

Identification code 86–0183–0–1–371

2001 est.

¥2,006
¥2,501
3,350 ...................
¥2,501

496

4,517
4,606

¥2,501

1,344

Total subsidy outlays ................................................

Identification code 86–0183–0–1–371

491
341

1,104

¥1,864

2349

3510
3580
3590

¥2,246
¥2,501
3,350 ...................

Total new obligations ................................................

469

2001 est.

160

2002 est.

160

331
337
3,049 ...................
977 ...................
4,517

497

2002 est.
f

Direct loan levels supportable by subsidy budget authority:
1150 Direct loan levels ...........................................................

250

1159

250

Total direct loan levels .............................................

FHA—MUTUAL MORTGAGE INSURANCE DIRECT LOAN FINANCING
ACCOUNT
Program and Financing (in millions of dollars)

Guaranteed loan levels supportable by subsidy budget
authority:
2150 MMI Fund, Section 203(b) .............................................
2150 Standby commitment authority .....................................
2159

Total loan guarantee levels ......................................

VerDate 19-MAR-2001

08:55 Mar 26, 2001

Jkt 188677

2000 actual

Identification code 86–4242–0–3–371

94,161
45,839
140,000

PO 00000

127,609
32,391
160,000

Frm 00028

134,736
25,264
160,000

Fmt 3616

00.01
00.02

Obligations by program activity:
Direct loans ....................................................................
Interest paid to Treasury ...............................................

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PsN: HUD

3
1

2001 est.

250
7

2002 est.

250
25

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
00.03
10.00

21.40
22.00
22.60
23.90
23.95
24.40

Claims & other .............................................................. ...................
Total new obligations ................................................

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
5
New financing authority (gross) ....................................
8
Portion applied to repay debt ........................................ ...................
Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

1112

Unobligated direct loan limitation ................................

276

23
298

1150

13
278
298
¥4
¥276
¥298
9 ................... ...................

New financing authority (gross), detail:
Discretionary:
47.05
Authority to borrow (indefinite) .................................
3 ................... ...................
Mandatory:
67.15
Authority to borrow (indefinite) ................................. ...................
250
250
Spending authority from offsetting collections:
Discretionary:
68.00
Offsetting collections (cash) ................................
9
79
160
68.47
Portion applied to repay debt ...............................
¥4
¥53
¥112
68.90
70.00

Total new financing authority (gross) ......................

276

298

1290

Outstanding, end of year .......................................... ...................

177

282

Balance Sheet (in millions of dollars)
1999 actual

Identification code 86–4242–0–3–371

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................
1206 Non-Federal assets: Receivables, net .....
Net value of assets related to post–
1991 direct loans receivable:
1401
Direct loans receivable, gross ............
1405
Allowance for subsidy cost (–) ...........

1499

3
4
¥4

4
276
¥249

31
298
¥296

1999

74.40

74.99
87.00

Obligated balance, end of year ............................
Total financing disbursements (gross) .........................

4
4

31
249

33
296

¥1

2000 actual

9
..................

13
..................

10
13

10
46

3
–1

–1
–1

177
..................

282
..................

¥73
¥5
¥79

Total assets ........................................
LIABILITIES:
Federal liabilities:
2103
Treasury borrowing ..............................
2105
Other liabilites—intragovernmental ...
Non-Federal liabilities:
2201
Accounts payable ................................
2202
Interest payable ..................................

¥145
¥14

¥9

Net present value of assets related
to direct loans ...........................

¥1

¥160

Total, offsetting collections (cash) ..................

250

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
3 ...................
177
Disbursements: Direct loan disbursements ...................
3
248
245
Repayments:
1251
Repayments and prepayments ..................................
¥2
¥69
¥137
1252
Proceeds from loan asset sales to the public or
discounted .............................................................
¥5 ................... ...................
Write-offs for default:
1263
Direct loans ............................................................... ...................
¥2
¥3
1264
Other adjustments, net .............................................
1 ................... ...................

88.90

250

1210
1231

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total financing disbursements (gross) .........................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

72.99
73.10
73.20

2001 est.

2002 est.

1101

Spending authority from offsetting collections
(total discretionary) .....................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

¥97 ................... ...................

Total direct loan obligations .....................................

9 ...................
276
298
¥7 ...................

509

–2

177

282

200

338

7
3

10
..................

200
..................

338
..................

..................
1

1
..................

..................
..................

2999

Total liabilities ....................................

200

338

4999

Total liabilities and net position ............

200

338

FHA—MUTUAL MORTGAGE INSURANCE GUARANTEED LOAN
FINANCING ACCOUNT
Program and Financing (in millions of dollars)

Net financing authority and financing disbursements:
89.00 Financing authority ........................................................
90.00 Financing disbursements ...............................................

¥1
¥5

197
170

138
136

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from direct loans obligated in 1992
and thereafter (including modifications of direct loans that
resulted from obligations in any year). The amounts in this
account are a means of financing and are not included in
the budget totals.
The $250 million in 2002 direct loan limitation in the MMI
Fund would permit the Department to use Purchase Money
Mortgages (PMMs) to help finance the sale of acquired single
family properties. HUD would extend credit for these singlefamily homes to community nonprofit organizations or local
government entities who would be expected to sell the properties to low- and moderate-income buyers. The use of PMMs
provides a tool for State and local nonprofit organizations
to use in revitalizing communities, and creates enhanced
homeownership opportunities for low- and moderate-income
families.
Status of Direct Loans (in millions of dollars)
2000 actual

Identification code 86–4242–0–3–371

Position with respect to appropriations act limitation
on obligations:
1111 Limitation on direct loans .............................................

VerDate 19-MAR-2001

08:55 Mar 26, 2001

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100

PO 00000

2001 est.

250

Frm 00029

2002 est.

250

Fmt 3616

2000 actual

Identification code 86–4587–0–3–371

00.08
00.11
00.91
08.01
08.02
08.04

Obligations by program activity:
Interest payments to Treasury .......................................
Default claims and other ..............................................

2001 est.

2002 est.

471
5,586

479
6,103

486
6,203

Subtotal, capital/operating expenses ........................
6,057
Negative Subsidy Activity:
Payment of negative subsidy to liquidating account
for new business ..................................................
1,864
Reestimate of loan guarantee subsidy (downward
reestimates) .......................................................... ...................
Interest on reestimates of loan guarantee subsidy ...................

6,582

6,689

2,246

2,501

636 ...................
40 ...................

08.91

Subtotal, subsidy activity ..........................................

1,864

2,922

2,501

10.00

Total new obligations ................................................

7,921

9,504

9,190

21.40
22.00
22.60

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................
Portion applied to repay debt ........................................

2,980
8,500
¥900

2,659
11,644
¥500

4,298
8,000
¥3,000

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

10,580
¥7,921
2,659

13,803
¥9,504
4,298

9,298
¥9,190
109

700

200

500

7,897

11,444

7,500

New financing authority (gross), detail:
Mandatory:
67.15
Authority to borrow (indefinite) .................................
Spending authority from offsetting collections:
Discretionary:
68.00
Offsetting collections (cash) ................................

Sfmt 3643

E:\BUDGET\HUD.XXX

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PsN: HUD

510

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002
Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
2351
Repayments of loans receivable ...............................
2364
Other adjustments, net .............................................

Credit accounts—Continued
FHA—MUTUAL MORTGAGE INSURANCE GUARANTEED LOAN
FINANCING ACCOUNT—Continued
Program and Financing (in millions of dollars)—Continued
2000 actual

Identification code 86–4587–0–3–371

2001 est.

2002 est.

68.10

Change in uncollected customer payments from
Federal sources ................................................

68.90

Spending authority from offsetting collections
(total discretionary) .....................................

7,800

11,444

7,500

Total new financing authority (gross) ......................

8,500

11,644

8,000

70.00

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................
72.95
Uncollected customer payments from program account, start of year ...............................................

¥97 ................... ...................

312

¥97 ................... ...................
¥79
7,921
¥7,627

74.40

312

74.99
87.00

Obligated balance, end of year ............................
Total financing disbursements (gross) .........................

312
7,627

312
9,504

312
9,190

312
9,504
¥9,504

312
9,190
¥9,190

97 ................... ...................

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Transfer of Reestimates from reserves in Liquidating account ................................................. ...................
¥4,027 ...................
88.25
Interest on uninvested funds ...............................
¥241
¥215
¥150
Non-Federal sources:
88.40
Fees and premiums ..........................................
¥3,239
¥3,188
¥3,258
88.40
Recoveries on defaults .....................................
¥3,826
¥3,622
¥3,953
88.40
Gross proceeds from asset sales .....................
¥209
¥392
¥139
88.40
Other .................................................................
¥382 ................... ...................
88.90
88.95

Total, offsetting collections (cash) ..................
Against gross financing authority only:
Change in receivables from program accounts .......

89.00
90.00

Net financing authority and financing disbursements:
Financing authority ........................................................
Financing disbursements ...............................................

Outstanding, end of year ......................................

102 ................... ...................

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loans insured in 1992 and
thereafter. The amounts in this account are considered a
means of financing and are not included in the budget totals.
Balance Sheet (in millions of dollars)

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total financing disbursements (gross) .........................
Change in uncollected customer payments from Federal sources ...............................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

72.99
73.10
73.20
74.00

2390

360
102 ...................
55
360
588
¥9 ................... ...................
¥304
¥462
¥588

¥7,897

¥11,444

¥7,500

1999 actual1

Identification code 86–4587–0–3–371

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................
Non-Federal assets:
1206
Receivables, net ..................................
1207
Advances and prepayments ................
Net value of assets related to post–
1991 acquired defaulted guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross ......................................
1502
Interest receivable ..............................
1504
Foreclosed property .............................
1505
Allowance for subsidy cost .................
1599

Net value of assets related to defaulted guaranteed loan ............

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2101
Accounts payable ................................
2103
Federal liabilities, Debt ......................
Non-Federal liabilities:
2201
Accounts payable ................................
2204
Liabilities for loan guarantees ...........
2207
Other ...................................................

2000 actual

3,228

2,768

4,299

109

187

..................

10
2

2,952
..................

..................
..................

234
20
2,820
–1,148

102
725
1,113
..................

..................
..................
2,052
..................

1,926

1,940

2,052

5,353

7,751

6,351

2,161

2,080
6,382

2,865
6,182

..................
5,882

..................
3,382

102
–3,289
78

208
–1,043
–461

..................
206
263

..................
–1,221
..................

2001 est.

2002 est.

700
¥269

200
¥1,940

500
1,690

2000 actual

Total guaranteed loan commitments ........................

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
2231 Disbursements of new guaranteed loans ......................
2251 Repayments and prepayments ......................................
Adjustments:
2261
Terminations for default that result in loans receivable .......................................................................
2262
Terminations for default that result in acquisition
of property .............................................................
2263
Terminations for default that result in claim payments ....................................................................

Total liabilities ....................................

5,353

7,751

6,351

2,161

Total liabilities and net position ............

5,353

7,751

6,351

2,161

1 As

reflected in the 2001 Budget.
f

FHA—MUTUAL MORTGAGE AND COOPERATIVE HOUSING INSURANCE
FUNDS LIQUIDATING ACCOUNT

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4587–0–3–371

2999
4999

97 ................... ...................

2001 est.

2002 est.

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4070–0–3–371

140,000
¥45,839

160,000
¥32,391

160,000
¥25,264

94,161

127,609

134,736

Obligations by program activity:
Operating expenses:
00.03
Other operating costs ................................................
Capital investment:
01.02
Assignment of defaulted mortgages .........................
01.03
Acquisition of real properties ....................................
01.05
Other obligations .......................................................
01.07
Capitalized property expenses ...................................
01.08
Loss mitigation activities ..........................................
01.09
Preforeclosure sale claims ........................................

2001 est.

2002 est.

15
39
130
689
859
234
¥32 ................... ...................
268
218
139
5
14
23
7
14
4

2299

Outstanding, end of year ..........................................
Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

VerDate 19-MAR-2001

08:55 Mar 26, 2001

Jkt 188677

401,960
106,016
¥33,795

468,930
119,712
¥66,695

¥55

¥360

¥588

01.91

¥4,829

¥4,873

¥4,709

08.07

¥67

¥18

¥46

08.08

Total capital investment .......................................
952
Upward Re-estimates of Subsidy Activity:
Reestimate of loan guarantee subsidy- upward reestimates from MMI reserves ............................... ...................
Interest on reestimates of loan guarantee subsidy ...................

401,960

468,930

516,604

08.91

Direct Program by Activities—Subtotal (1 level) ...................

4,026 ...................

10.00

Total new obligations ................................................

964

5,182

542

21.40

2290

355,608
86,274
¥34,971

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year

14,675

17,744

17,458

401,960

PO 00000

468,930

Frm 00030

516,604

Fmt 3616

Sfmt 3643

E:\BUDGET\HUD.XXX

pfrm07

PsN: HUD

1,144

530

3,049 ...................
977 ...................

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
22.00
22.10
23.90
23.95
24.40

New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................

3,926

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

4,896

18,708
¥964
17,744

4,274

1264

Write-offs for default: Other adjustments, net .............

4 ................... ...................

107 ................... ...................

1290

Outstanding, end of year ..........................................

3 ................... ...................

22,640
¥5,182
17,458

21,732
¥542
21,190

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4070–0–3–371

New budget authority (gross), detail:
Discretionary:
68.00
Spending authority from offsetting collections: Offsetting collections (cash) .....................................
Mandatory:
69.00
Offsetting collections (cash) .....................................
69.10
Change in uncollected acounts receivable from
Federal sources .....................................................
69.90

511

1,864

2,246

2,501

1,741

2,650

1,773

321 ................... ...................

Spending authority from offsetting collections
(total mandatory) .............................................

2,062

2,650

3,926

4,896

2001 est.

2002 est.

55,866
¥7,531

47,619
¥5,782

40,912
¥5,016

¥20

¥50

¥148

¥689

¥859

¥234

¥7

¥16

¥9

1,773

Total new budget authority (gross) ..........................

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
2251 Repayments and prepayments ......................................
Adjustments:
2261
Terminations for default that result in loans receivable .......................................................................
2262
Terminations for default that result in acquisition
of property .............................................................
2263
Terminations for default that result in claim payments ....................................................................

4,274

2290
70.00

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................
72.95
Uncollected accounts receivable from Federal
sources, start of year ...........................................
72.99
73.10
73.20
73.45
74.00

74.40
74.95

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources ...............................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
Uncollected customer payments from Federal
sources, end of year .............................................

917
¥523

¥523

743
394
194
964
5,182
542
¥885
¥5,382
¥617
¥107 ................... ...................

717

¥523

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
2351
Repayments of loans receivable ...............................
2361
Write-offs of loans receivable ...................................
2364
Other adjustments, net .............................................

270
46
39
20
50
148
¥14 ................... ...................
¥42
¥19
¥43
¥188
¥38
¥111

Outstanding, end of year ......................................

17,260

17,760

17,260

17,760

21,760

PROGRAM HIGHLIGHTS

86.97
86.98

Outlays (gross), detail:
Outlays from new mandatory authority .........................
Outlays from mandatory balances ................................

142
743

1,356
4,026

423
194

87.00

Total outlays (gross) .................................................

885

5,382

617

¥1,864
¥967

¥2,922
¥1,186

¥2,501
¥1,315

¥37

¥47

¥42

2 ................... ...................
¥756
¥693
¥397
¥218
¥46
¥19
¥1 ................... ...................
¥12
¥2 ...................
¥12 ................... ...................
260 ................... ...................
¥3,605

¥4,896

¥4,274

¥321 ................... ...................

Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value ...................................................................
92.02 Total investments, end of year: Federal securities:
Par value ...................................................................

35,505

14,942

119

89.00
90.00

40,912

The Federal Housing Administration Fund currently consists of four separate insurance funds.
In order to present more clearly the operations of the various funds, FHA’s budget transactions are separated into two
major business segments. The basic single-family insurance
programs in the Mutual Mortgage Insurance (MMI) fund and
the multifamily Cooperative Management Housing Insurance
(CMHI) funds form one segment. All other multifamily and
other specialized insurance programs in the General Insurance and Special Risk Insurance funds (GI/SRI) form the
other segment.
The Federal Credit Reform Act of 1990 creates a structure
of three accounts for existing credit program. For each of
the FHA business segments (MMI/CMHI and GI/SRI) there
is a liquidating account, which records the revenues and costs
associated with loan insurance committed prior to October
1, 1991, a financing account which records the revenues and
costs associated with commitments to insure loans made after
September 30, 1991, and, a program account which records
the transactions associated with the program subsidy costs,
if any, and the costs of administering the program.
This liquidating account records, for this program, all cash
flows to and from the Government resulting from MMI/CMHI
loans insured prior to 1992 and is shown on a cash basis.
All new activity in this program in 1992 and thereafter (including modifications of loans insured in any year) is recorded
in the corresponding program (86–0183) and financing (86–
4587 and 86–4242) accounts.
The program activity in the ‘‘Program Highlights’’ table
shown below reflects only the activity in the MMI/CMHI liquidating and financing accounts. The GI/SRI program activity
can be found with the GI/SRI liquidating account (86–4072).

194

88.95

47,619

642

394

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

2390
917

Obligated balance, end of year ............................

88.90

35,505

¥321 ................... ...................

74.99

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Payment from financing account .........................
88.20
Interest on Federal securities ...............................
Non-Federal sources:
88.40
Fees and premiums ..........................................
88.40
Rebate of unearned prepaid premiums collected ...........................................................
88.40
Proceeds from sale of real property ................
88.40
Proceeds from sale of mortgage notes ............
88.40
Repayment of mortgage notes and sales contracts ............................................................
88.40
Interest and operating income .........................
88.40
Recoveries on defaulted mortgages .................
88.40
Other income ....................................................

40,912

717

¥202

47,619

2299
945

Outstanding, end of year ..........................................

92.01

(in millions of dollars)

Insurance initiation:
Mortgage insurance commitments (units) ................

Status of Direct Loans (in millions of dollars)
2000 actual

Identification code 86–4070–0–3–371

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1251 Repayments: Repayments and prepayments .................

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¥5

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2001 est.

2002 est.

911,345

1,207,579

1,243,311

873,265
$86,274

1,046,799
$106,016

1,152,947
$119,712

2002 est.

3 ...................
¥3 ...................

Frm 00031

2000 actual 1

Fmt 3616

Mortgage insurance written (in fiscal year):
Units ..........................................................................
Amount ......................................................................

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HOUSING PROGRAMS—Continued
Federal Funds—Continued

512

THE BUDGET FOR FISCAL YEAR 2002
4999

Credit accounts—Continued
FHA—MUTUAL MORTGAGE AND COOPERATIVE HOUSING INSURANCE
FUNDS LIQUIDATING ACCOUNT—Continued

1 As

Total liabilities and net position ............

2001 est.

$449,805

2002 est.

$505,021

$552,684

Financial condition.—The following tables reflect the revenues, expenses and financial condition of the MMI/CMHI liquidating funds based on Generally Accepted Accounting Principles.
Statement of Operations (in millions of dollars)
1999 actual

2000 actual1

1,391
–148

1,372
–207

1,554
–279

1,633
–259

0105
0108

Net income or loss (–) ............................
Other comprehensive income ..................

1,243
4,825

1,165
1,867

1,275
2,603

1,374
2,501

result on GAAP basis pending final audit.

Balance Sheet (in millions of dollars)

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
Treasury securities, par:
1102
Treasury securities, par .............
1102
Unamortized net premium/discount ......................................
1106
Receivables, net .............................
Non-Federal assets:
1206
Receivables, net ..................................
1207
Advances and prepayments ................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1602
Interest receivable ..............................
1603
Allowance for estimated uncollectible
loans and interest (–) ....................
1699
1701
1702
1703
1704
1705
1706
1799
1901

Value of assets related to direct
loans ..........................................
Defaulted guaranteed loans, gross ....
Interest receivable ..............................
Allowance for estimated uncollectible
loans and interest (–) ....................

1999 actual1

2000 actual

346

1,139

518

323

14,942

17,260

18,260

21,760

–213
2,282

–208
2,526

–220
2,526

–263
2,526

18
43

34
..................

34
43

34
..................

5
3

4
2

..................
..................

–4

–3

..................

4
317
322

3
25
17

–3
50
..................

..................
8
..................

–331

–31

–62

–5

2001 est.

2002 est.

Defaulted guaranteed loans and
interest receivable, net ..............
Allowance for uncollectables from
foreclosed property .........................
Foreclosed property .............................

308

–12

–367
902

..................
309

..................
395

..................
63

Value of assets related to loan
guarantees .................................
Other Federal assets: Other assets ........

843
..................

320
14

383
14

66
14

18,265

21,088

21,555

24,460

91
77

388
669

726
462

726
370

726
..................

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2101
Accounts payable ................................
2105
Other Intragovernmental liabilites ......
Non-Federal liabilities:
2201
Accounts payable ................................
2204
Liabilities for loan guarantees ...........
2207
Unearned revenue and advances, and
other ...............................................

848

584

446

467

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

2,073

1,940

1,710

1,361

16,192

19,148

19,845

23,099

3999

16,192

19,148

19,845

23,099

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2999

Total net position ................................

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99.9

Total new obligations ................................................

24,460

Frm 00032

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964

2001 est.

2002 est.

230
151
859
234
50
148
3,049 ...................
17
9
977 ...................
5,182

542

AND

SPECIAL RISK PROGRAM ACCOUNT

(INCLUDING

Revenue ...................................................
Expense ....................................................

Identification code 86–4070–0–3–371

Other services ................................................................
243
Land and structures ......................................................
689
Investments and loans ..................................................
20
Grants, subsidies, and contributions ............................ ...................
Insurance claims and indemnities ................................
12
Interest and dividends ................................................... ...................

2002 est.

0101
0102

1 Estimated

25.2
32.0
33.0
41.0
42.0
43.0

FHA—GENERAL

2001 est.

2000 actual

Identification code 86–4070–0–3–371

preliminary results.

Identification code 86–4070–0–3–371

21,555

Object Classification (in millions of dollars)

2000 actual 1

1 Unaudited

21,088

reflected in the 2001 Budget.

(in millions of dollars)

Insurance maintenance: Outstanding balance of insurance in force, end of year:
Mortgage insurance ...................................................

18,265

TRANSFERS OF FUNDS)

For the cost of guaranteed loans, as authorized by sections 238
and 519 of the National Housing Act (12 U.S.C. 1715z–3 and 1735c),
including the cost of loan guarantee modifications (as that term is
defined in section 502 of the Congressional Budget Act of 1974, as
amended), ø$101,000,000¿ $15,000,000, to remain available until expended: Provided, That these funds are available to subsidize total
loan principal, any part of which is to be guaranteed, of up to
$21,000,000,000: Provided further, That any amounts made available
in any prior appropriations Act for the cost (as such term is defined
in section 502 of the Congressional Budget Act of 1974) of guaranteed
loans that are obligations of the funds established under section
238 or 519 of the National Housing Act that have not been obligated
or that are deobligated shall be available to the Secretary of Housing
and Urban Development in connection with the making of such guarantees and shall remain available until expended, notwithstanding
the expiration of any period of availability otherwise applicable to
such amounts.
Gross obligations for the principal amount of direct loans, as authorized by sections 204(g), 207(l), 238, and 519(a) of the National
Housing Act, shall not exceed $50,000,000; of which not to exceed
$30,000,000 shall be for bridge financing in connection with the sale
of multifamily real properties owned by the Secretary and formerly
insured under such Act; and of which not to exceed $20,000,000
shall be for loans to nonprofit and governmental entities in connection
with the sale of single-family real properties owned by the Secretary
and formerly insured under such Act.
In addition, for administrative expenses necessary to carry out
the guaranteed and direct loan programs, ø$211,455,000¿
$216,100,000, of which ø$193,134,000¿ $197,779,000, shall be transferred to the appropriation for ‘‘Salaries and expenses’’; and of which
$18,321,000 shall be transferred to the appropriation for ‘‘Office of
Inspector General’’. In addition, for administrative contract expenses
necessary to carry out the guaranteed and direct loan programs,
$144,000,000ø, of which $33,500,000 shall be transferred to the Working Capital Fund for the development and maintenance of information
technology systems¿: Provided, That to the extent guaranteed loan
commitments exceed $8,426,000,000 on or before April 1, ø2001¿
2002, an additional $19,800,000 for administrative contract expenses
shall be available for each $1,000,000 in additional guaranteed loan
commitments over $8,426,000,000 (including a pro rata amount for
any increment below $1,000,000), but in no case shall funds made
available by this proviso exceed $14,400,000. (Departments of Veterans Affairs and Housing and Urban Development, and Independent
Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of
P.L. 106–377.)
øFor an additional amount for FHA—General and special risk program account for the cost of guaranteed loans, as authorized by
sections 238 and 519 of the National Housing Act (12 U.S.C. 1715z–
3 and 1735c), including the cost of loan modifications (as that term
is defined in section 502 of the Congressional Budget Act of 1974,
as amended), $40,000,000, to remain available until expended: Provided, That the entire amount shall be available only to the extent
an official budget request, that includes designation of the entire
amount of the request as an emergency requirement as defined in
the Balanced Budget and Emergency Deficit Control Act of 1985,
as amended, is transmitted by the President to the Congress: Provided further, That the entire amount is designated by the Congress
as an emergency requirement pursuant to section 251(b)(2)(A) of the

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HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Balanced Budget and Emergency Deficit Control Act: Provided further, That the funding under this heading shall only be made available upon the submission of a certification by the Secretary of Housing and Urban Development to the Committees on Appropriations
that all funds committed, expended, or obligated under this heading
in the Departments of Veterans Affairs and Housing and Urban Development, Independent Agencies Appropriations Act, 2000 were committed, expended or obligated in compliance with the Antideficiency
Act (31 U.S.C. 1341).¿ (Legislative Appropriations Act, 2001, as enacted by section 1(a)(2) of P.L. 106–554.)
General Fund Credit Receipt Accounts (in millions of dollars)
2000 actual

Identification code 86–0200–0–1–371

0101
0102

2001 est.

FHA-General and special risk, negative subsidies .......
62
FHA-General and special risk, downward reestimates
of subsidies ............................................................... ...................

103

2002 est.

445

304 ...................

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0200–0–1–371

00.02
00.07
00.08
00.09
00.10
10.00

Obligations by program activity:
Guaranteed loan subsidy ...............................................
155
Reestimate of credit subsidy ......................................... ...................
Interest on reestimates of loan guarantee subsidy ...................
Administrative expenses, salaries & expenses transfer
211
Administrative contract expenses ..................................
116
Total new obligations ................................................

482

2001 est.

2002 est.

141
15
33 ...................
13 ...................
211
216
144
144
542

375

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program
millions of dollars)
2000 actual

Identification code 86–0200–0–1–371

23.90
23.95
23.98
24.40

250
231

8
541

1
375

37 ................... ...................
518
¥482
¥28
8

549
376
¥542
¥375
¥7 ...................
1
1

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
231
40.15
Appropriation (emergency) ........................................ ...................
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

456
375
40 ...................
¥1 ...................

43.00

495

60.05
70.00

Appropriation (total discretionary) ........................
231
Mandatory:
Appropriation (indefinite) .......................................... ...................

375

46 ...................

Total new budget authority (gross) ..........................

231

541

375

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

128

131

72.99
73.10
73.20
73.45
74.40

74.99

Obligated balance, end of year ............................

78
128
131
482
542
375
¥395
¥539
¥406
¥37 ................... ...................
128

131

100

128

131

100

Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
204
86.93 Outlays from discretionary balances .............................
191
86.97 Outlays from new mandatory authority ......................... ...................

424
335
68
71
46 ...................

87.00

Total outlays (gross) .................................................

395

539

406

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

231
395

541
539

375
406

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2001 est.

(in

2002 est.

Direct loan levels supportable by subsidy budget authority:
1150 Single-family PMMs ....................................................... ...................
1150 Multifamily bridge loans ................................................ ...................
1150 Unused Limitation Authority ..........................................
50

2
2
46

1159

Total direct loan levels .............................................

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Apartments NC/SC .........................................................
1,367
2,304
3,000
2150 221d3 NP/Coop owned apts ..........................................
103
49
67
2150 Tax Credits NC ...............................................................
184
105
500
2150 Mixed Income (Hope d4) ................................................ ...................
9
9
2150 Apartments Refinance ...................................................
166
912
951
2150 241a Supplemental Loans for Apts ...............................
29
54
18
2150 Operating Loss Loans for Apts (plus 232) ....................
5
13
4
2150 HFA Risk Sharing ...........................................................
240
678
650
2150 GSE Risk Sharing ...........................................................
2
816
100
2150 FHA Full Insurance for Health Care Facilities (plus
241/232) ....................................................................
702
421
1,000
2150 Health Care Refinances .................................................
192
336
500
2150 Hospitals ........................................................................
17
1,030
100
2150 Section 234: Condominiums ..........................................
5,175
8,137
8,482
2150 Section 203(k): Rehabilitation Mortgages .....................
848
1,339
1,395
2150 Section 221(d)(2): Low Income Housing .......................
9 ................... ...................
2150 Title 1 Property Improvements .......................................
258
464
216
2150 Title 1 Manufactured housing .......................................
11
10
11
2150 Standby authority ...........................................................
8,792
4,323
3,997
2159

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................

513

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Apartments NC/SR .........................................................
2320 221d3 NP/Coop owned apts ..........................................
2320 Tax Credits NC ...............................................................
2320 Mixed Income (Hope IV) .................................................
2320 Apartments Refinance ...................................................
2320 241a Supplemental Loans for Apts ...............................
2320 Operating Loss Loans for Apts (plus 232’s) .................
2320 HFA Risk Sharing ...........................................................
2320 GSE Risk Sharing ...........................................................
2320 FHA Full Insurance for Health Care Facilities (plus
241/232) ....................................................................
2320 Health Care Refinance ...................................................
2320 Hospital ..........................................................................
2320 Section 234: Condominiums ..........................................
2320 Section 203(k): Rehabilitation Mortgages .....................
2320 Section 221(d)(2): Low Income Housing .......................
2320 Title 1 Property Improvements .......................................
2320 Title 1 Manufactured housing .......................................
2329

Weighted average subsidy rate .................................
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ...............................................
2330 Negative Subsidy Receipts ............................................
2330 Subsidy rate upward reestimate ...................................
2330 Subsidy rate downward reestimate ...............................
2330 Emergency Appropriation ...............................................

18,100

21,000

7.12
15.44
¥0.57
11.81
¥1.34
13.88
25.10
¥0.45
¥1.88

3.35
17.22
¥1.75
3.35
¥1.11
22.08
22.55
¥1.14
¥1.52

¥0.14
10.30
¥2.50
¥0.14
¥0.97
29.31
21.05
¥1.55
¥0.57

¥2.79
¥1.90
¥1.60
0.26
1.75
4.49
0.86
0.99

¥2.07
¥1.38
¥1.77
¥0.69
¥0.11
0.00
¥0.06
0.14

¥2.21
¥2.54
¥0.36
¥1.99
¥1.53
0.00
0.96
¥0.84

1.31

¥0.12

¥1.45

...................
¥62
...................
...................
...................

101
15
¥103
¥245
46 ...................
¥304 ...................
40 ...................

Total subsidy budget authority .................................
¥62
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................
160
2340 Negative Subsidy Receipts ............................................
¥62
2340 Subsidy upward reestimate ........................................... ...................
2340 Subsidy rate downward reestimate ............................... ...................
2340 Subsidy outlays from Emergency Appropriation ............ ...................

115
36
¥103
¥245
46 ...................
¥304 ...................
30
10

2349

Total subsidy outlays ................................................

¥216

¥199

3510
3510
3580
3590

Administrative expense data:
Budget authority, S&E Transfer .....................................
Budget authority, FHA ....................................................
Outlays from balances ...................................................
Outlays from new authority ...........................................

87
144
94
141

211
144
29
319

216
144
36
324

2339

¥220

¥230

Multifamily Products.—This account includes budget authority for multifamily insurance programs requiring positive
credit subsidies, as well as for salaries and expenses and
other administrative costs for all General and Special Risk
Insurance Fund programs.

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514

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002
70.00

Credit accounts—Continued
FHA—GENERAL

AND

SPECIAL RISK PROGRAM ACCOUNT—Continued
TRANSFERS OF FUNDS)—Continued

(INCLUDING

As required by the Federal Credit Reform Act of 1990,
this account records, for the single family, multifamily, hospital, and Title I insurance programs of FHA’s General Insurance and Special Risk Insurance Funds, the subsidy costs
associated with the loan guarantees committed or direct loans
obligated in 1992 and thereafter (including modifications of
loan guarantees or direct loans that resulted from obligations
or commitments in any year), as well as administrative expenses of these programs. The subsidy amounts are estimated
on a present value basis; the administrative expenses are
accounted for on a cash basis.
The Budget includes an increase in the annual premium
rate of multifamily Section 221(d)(4) loan guarantees from
50 basis points to 80 basis points. This eliminates the need
for appropriated credit subsidy to support this program.
Object Classification (in millions of dollars)
2000 actual

Identification code 86–0200–0–1–371

25.1
25.3

2001 est.

2002 est.

116

144

41.0

Advisory and assistance services ..................................
Purchases of goods and services from Government
accounts ....................................................................
Grants, subsidies, and contributions ............................

211
155

211
187

216
15

99.9

Total new obligations ................................................

482

542

375

FHA—GENERAL

AND

SPECIAL RISK GUARANTEED LOAN FINANCING
ACCOUNT

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4077–0–3–371

2001 est.

Obligations by program activity:
Capital investment, claims and other:
00.01
Default claims and other ..........................................
726
1,104
00.05
Interest paid to Treasury ...........................................
104
120
00.08
Asset sale negative subsidy payment to the receipt
account ................................................................. ................... ...................
00.09
Asset sale payment to liquidating account .............. ...................
329
00.10
Value paid to liquidating account for guarantees
refinanced under 223(a)(7) ..................................
1
3
00.14
Contract Costs ...........................................................
114
100
00.91
08.01
08.02
08.04

Direct Program by Activities—Subtotal (1 level)
945
Payment of negative subsidy to receipt account
62
Downward subsidy rate reestimate ........................... ...................
Interest on subsidy rate reestimates ........................ ...................

2002 est.

1,198
135

3
100

1,656
1,862
103
445
261 ...................
43 ...................

407

445

10.00

Total new obligations ...........................................

1,007

2,063

2,307

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

1,801
2,463

1,955
2,121

12 ................... ...................
¥640
¥246
¥246
2,809
¥1,007
1,801

4,018
¥2,063
1,955

2,463

2,121

115

¥49

¥115

72.99
73.10
73.20
73.45
74.00

74.40
74.95
74.99
87.00

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total financing disbursements (gross) .........................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources ...............................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
Uncollected customer payments from program account, end of year ................................................

¥36
¥103 ...................
1,007
2,063
2,307
¥997
¥1,960
¥2,307
¥12 ................... ...................

Obligated balance, end of year ............................
Total financing disbursements (gross) .........................

¥103 ................... ...................
997
1,960
2,307

3,830
¥2,307
1,523

¥66 ................... ...................
12

115

¥115

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
Federal sources:
88.00
Payments from program account .....................
¥154
¥141
¥46
88.00
Repayment of principal and interest from liquidating account ..........................................
¥273
¥273
¥16
88.00
Subsidy reestimate from program account ..... ...................
¥46 ...................
88.25
Interest on uninvested funds ...............................
¥129
¥135
¥135
Non-Federal sources:
88.40
Fees and premiums ..........................................
¥386
¥435
¥494
88.40
Recoveries on defaulted mortgages .................
¥38
¥5
¥9
88.40
Title I recoveries ...............................................
¥24
¥6
¥6
88.40
Single family property recoveries .....................
¥391
¥383
¥413
88.40
Other recoveries ................................................
¥47 ................... ...................
88.40
Gross Proceeds from sale of mortgage notes
(liquidating) ................................................. ...................
¥329
¥226
88.40
Gross Proceeds from Mortgage Note Sales ......
¥13
¥505
¥567
88.40
Multifamily property recoveries ........................
¥9
¥5
¥9
88.90

89.00
90.00

Total, offsetting collections (cash) ..................
Against gross financing authority only:
Change in receivables from program accounts .......

¥1,464

¥2,263

¥1,921

¥66 ................... ...................

Net financing authority and financing disbursements:
Financing authority ........................................................ ...................
Financing disbursements ...............................................
¥467

200
226

Direct Program by Activities—Subtotal (1 level)

1,907
1,530

1,530

88.95

08.91

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year
22.00 New financing authority (gross) ....................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
22.60 Portion applied to repay debt ........................................

Total new financing authority (gross) ......................

200
¥303

200
386

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4077–0–3–371

Total guaranteed loan commitments ........................

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Disbursements of new guaranteed loans ......................
Repayments and prepayments ......................................
Adjustments:
2261
Terminations for default that result in loans receivable .......................................................................
2262
Terminations for default that result in acquisition
of property .............................................................
2263
Terminations for default that result in claim payments ....................................................................
2210
2231
2251

2001 est.

2002 est.

18,100
¥8,792

21,000
¥3,619

21,000
¥5,478

9,308

17,381

15,522

59,692
12,507
¥2,344

69,128
15,175
¥10,355

72,845
15,732
¥8,930

¥226

¥462

¥526

¥498

¥641

¥672

¥3 ................... ...................

2290
New financing authority (gross), detail:
Mandatory:
67.15
Authority to borrow (indefinite) ................................. ...................
200
200
Spending authority from offsetting collections:
Discretionary:
68.00
Offsetting collections (cash) ................................
1,464
2,263
1,921
68.10
Change in uncollected customer payments from
Federal sources ................................................
66 ................... ...................
68.90

Spending authority from offsetting collections
(total discretionary) .....................................

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Outstanding, end of year ..........................................

69,128

72,845

78,449

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

69,128

72,845

78,449

491
226
¥79

552
462
¥510

504
526
¥577

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PsN: HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
2361

Write-offs of loans receivable ...................................

2390

Outstanding, end of year ......................................

¥86 ................... ...................
552

504

453

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees committed
in 1992 and thereafter (including modifications of loan guarantees that resulted from commitments in any year) for FHA’s
General and Special Risk Insurance Fund programs. The
amounts in this account are a means of financing and are
not included in the budget totals. As required by the Federal
Credit Reform Act of 1990, no administrative expenses can
be recorded in the financing account.
Balance Sheet1 (in millions of dollars)
1999 actual

Identification code 86–4077–0–3–371

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................
1107
Borrowings receivable from liquidating account ...........................
Non-Federal assets:
1201
Investments in non-Federal securities,
net ..................................................
1206
Receivables, net ..................................
Net value of assets related to post–
1991 acquired defaulted guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross ......................................
1502
Interest receivable ..............................
1504
Foreclosed property .............................
1505
Allowance for subsidy cost .................
1599
1901

Net value of assets related to defaulted guaranteed loan ............
Other Federal assets: Other assets ........

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2101
Accounts payable Intragovernmental
2103
Debt .....................................................
2105
Payable to Special Receipt Account
for Subsidy Reestimate ..................
Non-Federal liabilities:
2201
Accounts payable ................................
2203
Debt .....................................................
2204
Liabilities for loan guarantees ...........
2207
Other ...................................................

2000 actual

2001 est.

2002 est.

1,897

1,698

1,633

344

..................

202

7
3

..................
..................

4
¥4

4
¥4
4

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
Non-Federal sources:
88.40
Interest received on loans ................................ ...................
¥1
88.40
Repayment of Principal .................................... ................... ...................

¥1
¥3

¥1

¥4

70.00

73.10
73.20
87.00

Total new financing authority (gross) ...................... ...................
Change
Total
Total
Total

Total, offsetting collections (cash) .................. ...................

89.00
90.00

2
¥1
3 ...................

Status of Direct Loans (in millions of dollars)

486
5
347
–541

552
8
225
..................

504
..................
598
–1,061

453
..................
598
–1,061

Position with respect to appropriations act limitation
on obligations:
1111 Limitation on direct loans .............................................
1112 Unobligated direct loan limitation ................................

50
¥46

1150

Total direct loan obligations ..................................... ...................

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
1
Disbursements: Direct loan disbursements ................... ...................
Repayments: Repayments and prepayments ................. ...................

1
4
¥1

4
4
¥4

41
..................

–10
..................

2,740

2,829

1,876

1,855

1290

4
1,606

6
966

..................
738

338

..................

8
..................
770
14

–17
–2
1,533
5

..................
..................
1,142
..................

..................
..................
1,117
..................

1,880

1,855

4999

Total liabilities and net position ............

2,740

2,829

1,880

1,855

1 Preliminary results pending final audit. Subsidy reestimates for fiscal year 2000 disbursements will be performed
for the Mid-Session review of the Budget.

SPECIAL RISK DIRECT LOAN FINANCING
ACCOUNT

2002 est.

50
¥46

785
–8

2,829

2001 est.

50
¥50

297
–2

2,740

2000 actual

Identification code 86–4105–0–3–371

1210
1231
1251

Total liabilities ....................................

AND

1
¥1

88.90

2999

FHA—GENERAL

202

26
2

1,663

520

New financing authority (gross), detail:
Mandatory:
67.15
Authority to borrow (indefinite) ................................. ...................
Spending authority from offsetting collections:
Discretionary:
68.00
Offsetting collections (cash) ................................ ...................
68.47
Portion applied to repay debt ............................... ...................

515

Outstanding, end of year ..........................................

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from direct loans obligated in 1992
and thereafter (including loan modifications) for FHA’s General Insurance and Special Risk Insurance Fund programs.
The amounts in this account are a means of financing and
are not included in the budget totals. As required by the
Federal Credit Reform Act of 1990, no administrative expenses can be recorded in the financing account.
This schedule includes two direct loan programs. One provides bridge loan financing to facilitate the disposition of multifamily housing owned by the Department to non-profit organizations who agree to preserve it as affordable rental or
cooperative housing. The second is a single-family direct loan
program for purchase money mortgages, as discussed in the
preceding section for the Mutual Mortgage Insurance Fund.
Balance Sheet (in millions of dollars)

Program and Financing (in millions of dollars)
1999 actual

Identification code 86–4105–0–3–371
2000 actual

Identification code 86–4105–0–3–371

2001 est.

2002 est.

00.01
00.02

Obligations by program activity:
Direct loans .................................................................... ...................
Interest paid to Treasury ............................................... ...................

3
1

10.00

Total new obligations ................................................ ...................

ASSETS:
Net value of assets related to post–
1991 direct loans receivable:
1401
Direct loans receivable, gross ............

1499

21.40
22.00
23.90
23.95

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
1 ................... ...................
New financing authority (gross) .................................... ...................
3
3
Total budgetary resources available for obligation
1
Total new obligations .................................................... ...................

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3
¥4

Fmt 3616

Net present value of assets related
to direct loans ...........................

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2103
Treasury borrowing ..............................
2104
Resources payable to Treasury ...........
2999

Sfmt 3633

Total liabilities ....................................

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pfrm07

2000 actual

..................

2001 est.

2002 est.

..................

1
..................

..................
..................

1
1

..................

PsN: HUD

516

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

Credit accounts—Continued
FHA—GENERAL

izes the Secretary of Housing and Urban Development to
guarantee loans made by financial institutions to assist certain nonprofit organizations that were damaged as a result
of acts of arson or terrorism.

SPECIAL RISK DIRECT LOAN FINANCING
ACCOUNT—Continued

AND

Balance Sheet (in millions of dollars)—Continued
1999 actual

Identification code 86–4105–0–3–371

4999

2000 actual

..................

Total liabilities and net position ............

2001 est.

2002 est.

FHA—GENERAL
2

AND

SPECIAL RISK INSURANCE FUNDS LIQUIDATING
ACCOUNT

Unavailable Collections (in millions of dollars)

2000 actual

Identification code 86–4072–0–3–371

FHA—LOAN GUARANTEE RECOVERY FUND—FINANCING ACCOUNT

2001 est.

2002 est.

01.99

Balance, start of year ....................................................

07.99

Balance, end of year .....................................................

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4106–0–3–371

21.40
22.00

2001 est.

2002 est.

Program and Financing (in millions of dollars)

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
1
New financing authority (gross) .................................... ...................

1
5
4 ...................

2000 actual

Identification code 86–4072–0–3–371

2001 est.

2002 est.

Total budgetary resources available for obligation
Unobligated balance carried forward, end of year .......

1
1

5
5

New financing authority (gross), detail:
Discretionary:
68.00
Spending authority from offsetting collections
(gross): Offsetting collections (cash) ................... ...................

5
5

4 ...................

88.90

¥4 ...................

Total, offsetting collections (cash) .................. ...................

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Position with respect to appropriations act limitation
on commitments:
2111 Limitation on guaranteed loans made by private lenders ..............................................................................
2113 Uncommitted limitation carried forward .......................

2001 est.

2002 est.

7
4 ...................
¥4 ................... ...................

2150

Total guaranteed loan commitments ........................

4 ...................

2210
2231

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Disbursements of new guaranteed loans ......................

2
1

3
4

7
3

2290

Outstanding, end of year ..........................................

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

Balance Sheet (in millions of dollars)
Identification code 86–4106–0–3–371

1999 actual

22
18
10
273
31

22
20
7
16
26

336

354

2000 actual

2001 est.

2002 est.

01.01
01.02
01.03
01.04
01.05
01.06
01.07
01.08
01.09
01.10
01.11
01.12
01.13

Total operating expenses ......................................
Capital investment: Claims and other:
Acquisition of defaulted Title I notes .......................
Assignment of mortgages .........................................
Assignments per 221 G4 ..........................................
Assignments-Portfolio Reengineering ........................
Mark-To-Market Restructures ....................................
Mark-to-market rehabilitation ...................................
Loss on defaulted guaranteed loans ........................
Tax advances on held mortgages .............................
Acquisition of real properties ....................................
Capitalized property expenses ...................................
Rehabilitation of real properties ...............................
Upfront Grants ...........................................................
Other ..........................................................................
Total capital investment .......................................

891

1,668

2,497

10.00

¥4 ...................

Identification code 86–4106–0–3–371

25
9
19
273
10

01.91

89.00
90.00

Obligations by program activity:
Operating expenses:
00.02
Interest on debentures ..............................................
00.03
Other operating costs ................................................
00.04
M & M Contract ........................................................
00.05
Legislative savings repayments ................................
00.06
PAE & 3rd party restructuring fees ..........................
00.91

23.90
24.40

Total new obligations ................................................

1,227

2,022

2,588

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
285
1,245 ...................
New budget authority (gross) ........................................
2,167
2,071
2,634
Resources available from recoveries of prior year obligations .......................................................................
19 ................... ...................
22.40 Capital transfer to general fund ................................... ...................
¥1,245 ...................
22.60 Portion applied to repay debt ........................................ ...................
¥49
¥46
21.40
22.00
22.10

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

New budget authority (gross), detail:
Mandatory:
60.05
Appropriation (indefinite) ..........................................
67.15
Authority to borrow (debentures issued) ...................
69.00 Offsetting collections (cash) .........................................
69.10 Change in uncollected customer payments from Federal sources ...............................................................
69.90

ASSETS:
Investments in US securities:
1102
Federal assets: Treasury securities,
par ..................................................

..................

1999

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

..................

2999

Total liabilities ....................................

Total liabilities and net position ............

..................

2,471
2,022
2,588
¥1,227
¥2,022
¥2,588
1,245 ................... ...................

1,194
112
816

1,092
46
933

1,904
46
684

45 ................... ...................

Spending authority from offsetting collections (total
mandatory) ............................................................

861

933

684

Total new budget authority (gross) ..........................

2,168

2,071

2,634

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................
72.95
Uncollected customer payments from Federal
sources, start of year ...........................................

611

560

¥4

¥49

..................

4999

¥8
12
6
107
201
205
248
367
491
110 ................... ...................
2
570
1,275
1 ................... ...................
50
3
3
¥26
50
50
107
97
95
149
160
150
119
130
125
41
75
92
¥9
3
5

Section 4 of the Church Arson Prevention Act of 1996 (P.L.
104–155), entitled ‘‘Loan Guarantee Recovery Fund,’’ author-

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72.99
73.10
73.20
73.45
74.00

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607
511 ...................
1,227
2,022
2,588
¥1,259
¥2,533
¥2,634
¥19 ................... ...................
¥45 ................... ...................

HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

74.40
74.95

Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
Uncollected customer payments from Federal
sources, end of year .............................................

74.99

Obligated balance, end of year ............................

86.97
86.98
87.00

2390
560

49
¥49

¥49

511 ...................

¥46

Outlays (gross), detail:
Outlays from new mandatory authority .........................
1,259
Outlays from mandatory balances ................................ ...................
Total outlays (gross) .................................................

2,022
2,634
511 ...................

1,259

2,533

2,634

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
19 ................... ...................
Non-Federal sources:
88.40
Fees and premiums ..........................................
¥141
¥160
¥128
88.40
Rebates of insurance premiums ...................... ...................
10
10
88.40
Multifamily foreclosure sales ...........................
¥75
¥25
¥28
88.40
Proceeds from sale of real property ................
¥104
¥126
¥112
88.40
Proceeds from sale of mortgage notes ............
¥20
¥329
¥226
88.40
MTM second mortgage repayments ................. ...................
¥10
¥5
88.40
Prior year recoveries .........................................
¥19 ................... ...................
88.40
Recoveries on defaulted mortgages .................
¥147
¥158
¥82
88.40
Interest .............................................................
¥77
¥25
¥25
88.40
Other interest, dividends and revenue ............
¥24
¥30
¥30
88.40
Modification subsidy & transfers from financing acct. ....................................................... ...................
¥3
¥3
88.40
Payment from the Finanacing Account ............
¥1
¥3
¥5
88.40
Other collections ...............................................
¥227
¥74
¥50
88.90
88.95

89.00
90.00

Total, offsetting collections (cash) ..................
Against gross budget authority only:
Change in uncollected customer payments from
Federal sources .....................................................
Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

¥816

¥933

¥684

¥45 ................... ...................

1,306
443

1,138
1,600

1,950
1,950

92.01

1,262

312

The General Insurance fund provides for a large number
of specialized mortgage insurance programs, including the insurance of loans for property improvements as well as for
cooperatives, condominiums, nursing homes, rental housing
and nonprofit hospitals.
The Special Risk Insurance fund provides insurance on behalf of mortgagors who otherwise would not be eligible for
mortgage insurance. In addition, the fund provides insurance
on mortgages covering experimental housing where strict adherence to State or local building regulations was not observed.
As required by the Federal Credit Reform Act of 1990,
this account records, for this program, all cash flows to and
from the Government resulting from loan guarantees committed and direct loans obligated prior to 1992. This account
is shown on a cash basis. New insurance and direct loan
activity in 1992 and thereafter in the GI/SRI programs is
recorded in corresponding program (86–0200) and financing
(86–4077 and 86–4105) accounts.
Section 571 of the Departments of Veterans Affairs and
Housing and Urban Development, and Independent Agencies
Appropriations Act, 1998 established the Office of Multifamily
Housing Assistance Restructuring within HUD to administer
the program of mortgage and rental assistance restructuring.
Included in the budget estimates for this account are projections for the financial operations of the office.
Restructuring authorities under the Multifamily Assisted
Housing Reform and Affordability Act of 1997 expire at the
end of fiscal year 2001. To facilitate efficient restructuring
activity after this date, the Administration intends to submit
legislation in the near future to extend and modify the expiring restructuring authorities.
Financial Condition.—The following tables reflect the revenues, expenses, and financial condition of the GI/SRI Liquidating Account based on Generally Accepted Accounting Principles.
Statement of Operations (in millions of dollars)

Status of Direct Loans (in millions of dollars)
2000 actual

Identification code 86–4072–0–3–371

1,960

¥49

Outstanding, end of year ......................................

517

2001 est.

2002 est.

1210
1251

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Repayments: Repayments and prepayments .................

68
¥24

44
¥24

20
¥10

1290

Outstanding, end of year ..........................................

1999 actual

Identification code 86–4072–0–3–371

2000 actual1

2001 est.

2002 est.

0101
0102

Revenue ...................................................
Expense ....................................................

640
–1,143

304
–1,393

556
–1,321

..................
..................

0105

Net income or loss (–) ............................

–503

–1,089

–765

..................

10
1 Preliminary

Balance Sheet (in millions of dollars)

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4072–0–3–371

2001 est.

2002 est.

32,905
¥2,530

29,761
¥1,571

27,783
¥2,323

¥457

¥208

¥211

¥107

¥97

¥95

¥50

¥102

¥81

2290

Outstanding, end of year ..........................................

29,761

27,783

25,073

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

29,761

27,783

25,073

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457
¥324
¥63

PO 00000

results pending final audit.

1,960
208
¥583
¥323

Frm 00037

1,262
211
¥474
¥687

Fmt 3616

1999 actual1

Identification code 86–4072–0–3–371

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1102
Treasury securities, par ..................
1106
Receivables, net .............................
1107
Advances and prepayments ...........
Non-Federal assets:
1201
Investments in non-Federal securities,
net ..................................................
1206
Receivables, net ..................................
1207
Advances and prepayments ................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1602
Interest receivable ..............................
1603
Allowance for estimated uncollectible
loans and interest (–) ....................
1699
1701
1702

Sfmt 3633

Value of assets related to direct
loans ..........................................
Defaulted guaranteed loans, gross ....
Interest receivable ..............................

E:\BUDGET\HUD.XXX

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2000 actual

845

2001 est.

2002 est.

1,749

..................

5
4
20

8
45
20

..................
3
..................

..................
56
1

–6
113
..................

..................
86
..................

67
10

44
1

20
..................

10
..................

–54

–33

–47

23
1,895
359

12
1,982
215

–27
1,701
..................

–37
1,707
..................

PsN: HUD

HOUSING PROGRAMS—Continued
Federal Funds—Continued

518

THE BUDGET FOR FISCAL YEAR 2002

Credit accounts—Continued
FHA—GENERAL

AND

SPECIAL RISK INSURANCE FUNDS LIQUIDATING
ACCOUNT—Continued

Balance Sheet (in millions of dollars)—Continued

1703

Allowance for estimated uncollectible
loans and interest (–) ....................

1704

1706
1799

1801
1901

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

Value of assets related to loan
guarantees .................................
Other Federal assets:
Funds held by the Public ...................
Other assets ........................................

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2101
Accounts payable ................................
2105
Other Liabilities ..................................
Non-Federal liabilities:
2201
Accounts payable ................................
2202
Interest payable ..................................
2203
Debt .....................................................
2204
Liabilities for loan guarantees ...........
2206
Pension and other actuarial liabilities
2207
Unearned revenue and advances .......
2999

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................
3300 Cumulative results of operations ............

2000 actual

–1,554

–1,347

–1,208

69.90

Spending authority from offsetting collections (total
mandatory) ............................................................

700

850

493

499

70.00

Total new budget authority (gross) ..........................

652
–561

763
–663

–150
244

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

791

950

587

593

70
..................

74
9

..................
330

..................
..................

72.99
73.10
73.20
73.45

1,815

2,974

979

645

74.40

458
44

205
20

363
..................

74.99

Obligated balance, end of year ............................

161
16
106
7,653
..................
309

353
12
220
6,715
..................
416

443
..................
..................
..................
5,960
124

8,747

7,941

6,890

..................
–6,932

921
–5,888

8,532
–14,443

8,532
–14,777

2001 est.

2002 est.

3999

Total net position ................................

–6,932

–4,967

–5,911

–6,245

4999

Total liabilities and net position ............

1,815

2,974

979

462
288
231
¥346
¥288
¥231
116 ................... ...................

New budget authority (gross), detail:
Mandatory:
60.05
Appropriation (indefinite) .......................................... ...................
69.00 Offsetting collections (cash) .........................................
808
69.47 Portion applied to repay debt ........................................ ...................

1999 actual1

Identification code 86–4072–0–3–371

1705

23.90
23.95
24.40

86.97
86.98

87
751
¥550

808

201

808

288

214

178

149

214
178
149
346
288
231
¥380
¥317
¥317
¥1 ................... ...................
178

149

178

149

Outlays (gross), detail:
Outlays from new mandatory authority .........................
380
Outlays from mandatory balances ................................ ...................

288
29

87.00

Total outlays (gross) .................................................

380

317

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

¥808

¥751

Net budget authority and outlays:
Budget authority ............................................................ ...................
Outlays ...........................................................................
¥428

¥463
¥434

89.00
90.00

645

Status of Direct Loans (in millions of dollars)
1 Preliminary

pending final audit.
2000 actual

Identification code 86–4115–0–3–371

Object Classification (in millions of dollars)
2000 actual

Identification code 86–4072–0–3–371

2001 est.

2002 est.

25.2
32.0
33.0
42.0
43.0
44.0

Other services ................................................................
Land and structures ......................................................
Investments and loans ..................................................
Insurance claims and indemnities ................................
Interest and dividends ...................................................
Repayments to financing account .................................

29
416
460
24
25
273

60
463
1,151
53
22
273

58
462
1,977
53
22
16

99.9

Total new obligations ................................................

1,227

2,022

2,588

HOUSING

FOR THE

ELDERLY

OR HANDICAPPED FUND LIQUIDATING
ACCOUNT

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4115–0–3–371

Obligations by program activity:
Capital investment:
00.01
Housing for the elderly or handicapped loans ......... ...................
00.02
Maintenance security and collateral .........................
1

2001 est.

2002 est.

4 ...................
1
1

00.91
01.01

Subtotal, capital investment ................................
Operating expenses: Interest on borrowings .................

1
345

5
283

1
230

10.00

Total new obligations ................................................

346

288

231

900
808

116 ...................
288
288

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................
Resources available from recoveries of prior year obligations .......................................................................
22.40 Capital transfer to general fund ...................................
22.60 Portion applied to repay debt ........................................
21.40
22.00
22.10

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¥116
¥57
¥975 ................... ...................

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Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1231 Disbursements: Direct loan disbursements ...................
1251 Repayments: Repayments and prepayments .................
1264 Write-offs for default: Other adjustments, net .............
1290

Outstanding, end of year ..........................................

2001 est.

2002 est.

8,043
7,923
7,777
6
5
5
¥122
¥151
¥187
¥4 ................... ...................
7,923

7,777

7,595

Note.—Amounts for direct loan obligations reflect reservations of section 202 funds. Loan obligations shown
under the program and financing schedule reflect loans that have reached the initial closing stage of processing.

The Housing for the Elderly or Handicapped Fund was
established pursuant to section 202 of the Housing Act of
1959, as amended. The fund provided direct loans to nonprofit
organizations building and managing housing projects for
lower income persons who are elderly or disabled.
Projects included an assured range of necessary services
for the occupants of such projects. In addition, the section
8 lower income housing assistance payments program has
been used in conjunction with the section 202 program. Applications under the two programs have been processed simultaneously.
The data included in these schedules represent direct loan
activities funded under the Housing for the Elderly or Handicapped Loan Fund. Further, activities in support of the needs
of the elderly and disabled have been carried out under a
grant program funded in the 1991 Appropriations Act (P.L.
101–507) and authorized in the National Affordable Housing
Act (P.L. 101–625).
After April 1, 1992, all projects for which there were administrative reservations converted to the capital advance assistance program.
The program and financing schedule for this account summarizes the Federal government’s obligations for this loan
program.

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HOUSING PROGRAMS—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Financing.—Repayments and interest income from loans
continue to be available to pay for commitments of the fund.
Statement of Operations (in millions of dollars)
1999 actual

2000 actual

0101
0102

Revenue ...................................................
Expense ....................................................

685
–403

674
–345

600
–284

564
–230

0105

Net income or loss (–) ............................

282

329

316

334

Identification code 86–4115–0–3–371

2001 est.

2002 est.

1290

Outstanding, end of year ..........................................

519

As required by the Federal Credit Reform Act of 1990,
this account records, for this program, all cash flows to and
from the Government resulting from direct loans obligated
prior to 1992. This account is shown on a cash basis.
The Nonprofit Sponsor Assistance fund provided interestfree loans to nonprofit organizations to plan housing projects
to be financed under the section 202 housing for the elderly
or disabled program.

Balance Sheet (in millions of dollars)
Balance Sheet (in millions of dollars)
1999 actual

Identification code 86–4115–0–3–371

ASSETS:
1101 Federal assets: Fund balances with
Treasury ...............................................
Non-Federal assets:
1206
Receivables, net ..................................
1207
Advances and prepayments ................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1603
Allowance for estimated uncollectible
loans and interest (–) ....................
1604
1606
1699

Direct loans and interest receivable, net .....................................
Acquired Real Property .......................
Value of assets related to direct
loans ..........................................

2000 actual

2001 est.

2002 est.
1999 actual

Identification code 86–4042–0–3–604

1,114

294

117

84
8

84
..................

8,044

7,922

7,778

7,595

–20

–23

–22

8,024
3

7,899
8

7,755
8

7,573
8

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1603
Allowance for estimated uncollectible
loans and interest (–) ....................

2000 actual

2001 est.

2002 est.

..................

1101

–1

..................

1999

Total assets ........................................
NET POSITION:
3100 Appropriated capital ................................

7,907

7,763

Total net position ................................

..................

4999
8,027

3999

Total liabilities and net position ............

..................

7,581
f

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
2102
Interest payable ..................................
2103
Debt .....................................................
2104
Resources payable to Treasury ...........
2207 Non-Federal liabilities: Other ..................

9,233

8,285

7,880

7,782

203
4,628
4,395
6

171
3,653
4,451
10

141
3,103
4,651
10

114
2,778
4,985
10

2999

Total liabilities ....................................

9,232

8,285

7,905

7,887

4999

Total liabilities and net position ............

9,232

8,285

7,905

7,887

MANUFACTURED HOUSING FEES TRUST FUND

Object Classification (in millions of dollars)
2000 actual

Identification code 86–4115–0–3–371

32.0
33.0
43.0
99.9

2001 est.

Land and structures ......................................................
1
Investments and loans .................................................. ...................
Interest and dividends ...................................................
345
Total new obligations ................................................

2002 est.

1
1
4 ...................
283
230

346

For expenses authorized by section 620 of the National Manufactured Housing Construction and Safety Standards Act of
1974, as amended, $17,254,000 from amounts in the Manufactured Housing Fees Trust Fund, to remain available until
expended: Provided, That all balances of fees collected under
sections 620 and 623 of the National Manufactured Housing
Construction and Safety Standards Act of 1974, as such sections existed on December 26, 2000, shall be transferred to
and merged with the amounts in the Trust Fund.

288

231

Unavailable Collections (in millions of dollars)

2000 actual

Unobligated balances rescinded:
Budgetary resources available for obligation:
21.40
Unobligated balance carried forward, start of year
22.00
New budget authority (gross) ...................................
New budget authority (gross), detail:
Mandatory:
60.36
Unobligated balance rescinded .................................

2002 est.

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2001 est.

2002 est.

PO 00000

2001 est.

Obligations by program activity:
Transfer to salaries and expenses ................................ ................... ...................
Other program costs ...................................................... ................... ...................

2
15

Total new obligations (object class 25.2) ................ ................... ...................

22.00

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ................... ...................

23.90
23.95

17
¥17

New budget authority (gross), detail:
Discretionary:
40.26
Appropriation (trust fund, definite) .......................... ................... ...................

¥6 ................... ...................

00.01
00.02
10.00

6 ................... ...................
¥6 ................... ...................

2000 actual

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................

2000 actual

Identification code 86–8119–0–7–376

Status of Direct Loans (in millions of dollars)

1210

Program and Financing (in millions of dollars)
2001 est.

Net budget authority and outlays:
89.00 Budget authority ............................................................
¥6 ................... ...................
90.00 Outlays ........................................................................... ................... ................... ...................

Identification code 86–4042–0–3–604

2002 est.

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
Identification code 86–4042–0–3–604

2001 est.

Receipts:
02.00 Manufactured home inspection and monitoring ........... ................... ...................
Appropriations:
05.00 Manufactured home inspection and monitoring ........... ................... ...................
07.99

NONPROFIT SPONSOR ASSISTANCE LIQUIDATING ACCOUNT

2000 actual

Identification code 86–8119–0–7–376

Change in unpaid obligations:
Total new obligations .................................................... ................... ...................
Total outlays (gross) ...................................................... ................... ...................

17
¥14

2002 est.

Frm 00039

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73.10
73.20

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520

HOUSING PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

Credit accounts—Continued
MANUFACTURED HOUSING FEES TRUST FUND—Continued

GOVERNMENT NATIONAL MORTGAGE
ASSOCIATION

Program and Financing (in millions of dollars)—Continued

Federal Funds

2000 actual

Identification code 86–8119–0–7–376

2001 est.

2002 est.

74.40

Unpaid obligations, end of year:
Unpaid obligations, end of year ............................... ................... ...................

74.99

Obligated balance, end of year ............................ ................... ...................

86.90

Outlays (gross), detail:
Outlays from new discretionary authority ..................... ................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ...................
Outlays ........................................................................... ................... ...................

17
14

The National Manufactured Housing Construction and
Safety Standards Act of 1974, as amended by the Manufactured Housing Improvement Act of 2000, authorizes development and enforcement of appropriate standards for the construction, design, and performance of manufactured homes
to assure their quality, durability, affordability, and safety.
All manufactured homes produced since the standards took
effect on June 15, 1976 must comply with Federal construction and safety standards. The States are actively encouraged
to participate in the program under compliance plans approved by HUD. New program requirements mandated by
the Manufactured Housing Improvement Act of 2000 include
procurement of an Administering Organization, formation of
a Consensus Committee to recommend revisions to and interpretations of the manufactured housing standards, development and implementation of standards for installation of
manufactured housing, and development and implementation
of a dispute resolution program.
Fees are charged to the manufacturers for each manufactured home transportable section produced and will be used
to fund the costs of all authorized activities necessary for
the consensus committee, HUD, and its agents to carry out
all aspects of the manufactured housing legislation. Fees are
deposited in a trust fund administered by the Department,
and a portion of the fee receipts are transferred to the salaries
and expenses account to defray the direct administrative expenses of the program. In 2000, an estimated 431,845 transportable sections were produced, for a total of 254,000 manufactured homes.
The Manufactured Housing Improvement Act of 2000 created a Manufactured Housing Fees Trust Fund and made
spending subject to appropriations. This account provides
spending for activities formerly funded under Manufactured
Home Inspection and Monitoring.
This account also presents activities formerly shown under
the Interstate Land Sales account.
The Interstate Land Sales Full Disclosure Act provides protection to the public with respect to purchases or leases of
subdivision lots. Statements of record must be filed with the
Secretary before subdivisions with 100 or more lots may be
sold in interstate commerce, except when the subdivision is
eligible for exemption.
The Secretary is authorized to charge a fee, to be paid
by the developer when filing a statement of record. The fee
receipts are permanently appropriated and have helped finance a portion of the direct administrative expenses incurred
in program operations.
The estimated annual program activity level will continue
at 1,020 filings, approximately the same estimated level as
in recent years.

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The Housing and Urban Development Act of 1968 authorized the Government National Mortgage Association (Ginnie
Mae) to guarantee the timely payment of principal and interest on privately issued securities that are backed by pools
of FHA, Veterans Affairs (VA) and Rural Housing Service
mortgages. The Ginnie Mae guarantee gives lenders access
to the capital markets for funds to originate new loans. New
FHA and VA loans are currently pooled into Ginnie Mae
securities
The Budget proposes legislation to allow FHA to insure
a new product—hybrid adjustable-rate mortages. This will
increase demand for FHA mortgages and thus increase the
volume of Ginnie Mae guarantees of securities backed by
FHA mortgages. In 2002, this proposal will increase GNMA
commitments by approximately $4 billion, resulting in an additional $13 million in negative subsidy.
Financing.—Ginnie Mae issuers are assessed commitment,
guarantee and other fees to cover costs incurred by Ginnie
Mae and to fund a reserve against possible future payments
under the guarantee.
Operating results.—Fee collections, interest, and other income are expected to exceed expenses by $775 million in
2001 and $796 million in 2002.
f

Credit accounts:
GUARANTEES

MORTGAGE-BACKED SECURITIES LOAN GUARANTEE
PROGRAM ACCOUNT
(INCLUDING

TRANSFER OF FUNDS)

New commitments to issue guarantees to carry out the purposes
of section 306 of the National Housing Act, as amended (12 U.S.C.
1721(g)), shall not exceed $200,000,000,000, to remain available until
September 30, ø2002¿ 2003.
For administrative expenses necessary to carry out the guaranteed
mortgage-backed securities program, $9,383,000 to be derived from
the GNMA guarantees of mortgage-backed securities guaranteed loan
receipt account, of which not to exceed $9,383,000 shall be transferred
to the appropriation for ‘‘Salaries and expenses’’. (Departments of
Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section
1(a)(1) of P.L. 106–377.)
Unavailable Collections (in millions of dollars)
2000 actual

Identification code 86–0186–0–1–371

01.99

2001 est.

2002 est.

Balance, start of year ....................................................
701
Receipts:
02.20 Negative subsidies .........................................................
312
02.21 Subsidy balance transfer ............................................... ...................

1,004

7,961

356
6,610

354
439

02.99

Total receipts and collections ...................................

312

6,966

793

Total: Balances and collections ....................................
Appropriations:
05.00 Guarantees of mortgage-backed securities loan guarantee program account .............................................

1,013

7,970

8,754

¥9

07.99

1,004

7,961

8,745

04.00

Balance, end of year .....................................................

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0186–0–1–371

2001 est.

2002 est.

00.01

Obligations by program activity:
Administrative expenses, salaries and expenses ..........

10.00

Total new obligations (object class 25.3) ................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
Total new obligations ....................................................

9
¥9

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GOVERNMENT NATIONAL MORTGAGE ASSOCIATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
New budget authority (gross), detail:
Discretionary:
40.20
Appropriation (special fund, definite) .......................

43.00

521

Change in unpaid obligations:
73.10 Total new obligations ....................................................
73.20 Total outlays (gross) ......................................................
Outlays (gross), detail:
86.90 Outlays from new discretionary authority .....................
Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

9
¥9

9
9

Memorandum (non-add) entries:
Total investments, start of year: Federal securities:
Par value ................................................................... ................... ...................
92.02 Total investments, end of year: Federal securities:
Par value ................................................................... ...................
6,610
92.01

6,610
7,049

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
2000 actual

Identification code 86–0186–0–1–371

2001 est.

2002 est.

457

479

501

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total financing disbursements (gross) .........................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

11
354
¥349

16
452
¥452

16
457
¥457

74.40

Appropriation (total discretionary) ........................

New financing authority (gross), detail:
Discretionary:
68.00
Spending authority from offsetting collections
(gross): Offsetting collections (cash) ...................

74.99
87.00

Obligated balance, end of year ............................
Total financing disbursements (gross) .........................

16
349

16
452

17
457

72.99
73.10
73.20

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.25
Interest on uninvested funds ...............................
¥45
¥36
Non-Federal sources:
88.40
Guarantee Fees .................................................
¥370
¥378
88.40
Commitment and other fees ............................
¥32
¥44
88.40
Multiclass fees .................................................
¥10
¥21
88.40
Repayment of advances ................................... ................... ...................
88.90

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................
2150 Standby commitment authority .....................................

105,518
94,482

96,262
103,738

103,199
96,801

2159

200,000

200,000
¥0.36

¥0.33

Weighted average subsidy rate .................................
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ...............................................

¥0.29

¥0.36

¥0.33

¥312

¥356

¥354

2339

¥457

¥479

¥386
¥34
¥23
¥20
¥501

200,000

¥0.29

Total, offsetting collections (cash) ..................

¥38

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ...................................................................
2329

Total subsidy budget authority .................................
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................

¥312

¥356

¥354

¥312

¥356

¥354

2349

Total subsidy outlays ................................................

¥312

¥356

¥354

3510
3590

Administrative expense data:
Budget authority ............................................................
Outlays from new authority ...........................................

9
9

As required by the Federal Credit Reform Act of 1990,
this account records the administrative expenses of this program. The administrative expenses are estimated on a cash
basis.

89.00
90.00

Status of Guaranteed Loans (in millions of dollars)
2000 actual

Identification code 86–4240–0–3–371

2001 est.

2002 est.

200,000
¥94,482

200,000
¥103,738

200,000
¥96,801

2150

Total guaranteed loan commitments ........................

105,518

96,262

103,199

2210
2231
2251

569,312
105,518
¥72,089

602,741
96,262
¥78,744

620,259
103,199
¥91,619

2290

Outstanding, end of year ..........................................

602,741

620,259

631,839

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

602,741

620,259

631,839

GUARANTEES

Operating Results.—Fee collections, interest, and other income are expected to exceed expenses by $91 million in 2000;
$55 million in 2001 and $67 million in 2002. These amounts
will be retained against losses that may be incurred on guarantees.

MORTGAGE-BACKED SECURITIES FINANCING
ACCOUNT

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–4240–0–3–371

2001 est.

2002 est.

Balance Sheet (in millions of dollars)

Obligations by program activity:
Operating expenses ........................................................
Capital investment ........................................................

37
5

49
47

52
51

00.91
08.01

Direct Program by Activities—Subtotal (1 level)
Payment to receipt account for negative subsidy ........

42
312

96
356

103
354

10.00

Total new obligations ................................................

354

452

457

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New financing authority (gross) ....................................

496
457

598
479

625
501

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

953
¥354
598

1,077
¥452
625

1,126
¥457
668

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................
1206 Non-Federal assets: Receivables, net .....
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................

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2000 actual

2001 est.

2002 est.

507
30

614
31

641
32

685
33

..................

537

650

700

757

1101

1699
1803

Value of assets related to direct
loans ..........................................
Other Federal assets: Property, plant
and equipment, net ............................

1999

VerDate 19-MAR-2001

1999 actual

Identification code 86–4240–0–3–371

00.01
00.02

Sfmt 3633

Total assets ........................................

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pfrm07

PsN: HUD

522

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002
86.98

Credit accounts—Continued
GUARANTEES

MORTGAGE-BACKED SECURITIES FINANCING
ACCOUNT—Continued

87.00

Balance Sheet (in millions of dollars)—Continued
1999 actual

Identification code 86–4240–0–3–371

2201
2207

LIABILITIES:
Non-Federal liabilities:
Accounts payable ................................
Other ...................................................

2999

2001 est.

Outlays from mandatory balances ................................ ...................

2000 actual

2002 est.

40
..................

47
22

49
38

50
50

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

100

496

581

613

657

3999

Total net position ................................

496

581

613

657

4999

Total liabilities and net position ............

536

650

700

757

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20
Interest on Federal securities ...............................
Non-Federal sources:
88.40
Repayments of guaranteed payments .............
88.40
Servicing income ..............................................
88.40
Repayments on mortgages ...............................
88.90

89.00
90.00

Total, offsetting collections (cash) ..................

6,216 ...................

6,630

¥370

¥374

¥56

¥79
¥5
¥2

¥36
¥1
¥2 ...................
¥2
¥1

¥456

¥414

¥58

Note.—Ginnie Mae guarantees the timely payment of principal and interest installments on securities which
are backed by FHA-insured, Rural Housing Service-insured, and VA-guaranteed mortgages. Such guarantees are
excluded from the Government total of guaranteed obligations duplicating FHA, Rural Housing Service, and VA
guarantees.
f

GUARANTEES

1 This

2000 actual

Identification code 86–4238–0–3–371

Receipts:
Guarantees of mortgage-backed securities liquidating
account, offsetting collections ..................................
Appropriations:
05.00 Guarantees of mortgage-backed securities liquidating
account ......................................................................

2001 est.

456

414

¥456

¥414

¥58

2000 actual

Identification code 86–4238–0–3–371

02.01

Outstanding, end of year ..........................................

2001 est.

2002 est.

Total operating expenses ......................................
3
Capital investment:
Advances of guaranty payments ...............................
42
Other:
Transfer to Receipt Account ...................................... ...................

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

5,827
456

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

6,610

6,651

6,237 ...................
414
58

6,283
6,651
58
¥45
¥6,651
¥58
6,237 ................... ...................

2002 est.

360

109

¥81
¥212

¥37
¥45

¥2
¥16

109

2000 actual

2001 est.

2002 est.

156
¥10

146
¥11

135
¥12

2290

Outstanding, end of year ..........................................

146

135

123

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

146

135

123

2001 est.

Status of Guaranteed Loans (in millions of dollars)
Identification code 86–4238–0–3–371

Obligations by program activity:
Operating expenses:
00.02
Default expenses .......................................................
1
1 ...................
00.03
Servicing expenses ....................................................
2
2 ...................
00.04
Other expenses .......................................................... ................... ...................
1

01.01

1290

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)

00.91

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Disbursements: Purchase of loans assets from the
public .........................................................................
1252 Repayments: Proceeds from loan asset sales to the
public or discounted .................................................
1263 Write-offs for default: Direct loans ...............................
1210
1232

2002 est.

02.80

07.99

6,190 ................... ...................

Status of Direct Loans (in millions of dollars)

Unavailable Collections (in millions of dollars)
2000 actual

6,190 ...................

line nets unpaid obligations and offsetting collections from new Federal sources.

MORTGAGE-BACKED SECURITIES LIQUIDATING
ACCOUNT

Identification code 86–4238–0–3–371

5,781

Operating results.—Fee collections, interest, and other income are expected to exceed expenses by $370 million in
2000 and $373 million in 2001. These amounts will be retained to cover future year expenses and as a reserve against
losses that may be incurred on guarantees. In 2002, fee collections, interest, and other income are expected to equal expenses.
Statement of Operations (in millions of dollars)
1999 actual

Identification code 86–4238–0–3–371

2000 actual

2001 est.

2002 est.

0101
0102
414

329
–3

370
..................

377
–3

1
–1

Net income or loss (–) ............................

326

370

374

..................

0199

456

Revenue ...................................................
Expense ....................................................

0105

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................

Total comprehensive income ...................

326

370

374

..................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year1 ............................

¥57

¥79

¥57

72.99
73.10
73.20

¥57
45
¥67

¥79
6,651
¥6,630

¥57
58
¥58

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

¥79

¥57 ...................

74.99

Obligated balance, end of year ............................

¥79

¥57 ...................

Outlays (gross), detail:
86.97 Outlays from new mandatory authority .........................

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Balance Sheet (in millions of dollars)
1999 actual

Identification code 86–4238–0–3–371

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2000 actual

2001 est.

2002 est.

..................

5,778
70
1

6,171
89
3

..................
56
3

..................
..................
..................

PsN: HUD

FAIR HOUSING AND EQUAL OPPORTUNITY
Federal Funds

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

1601
1603
1699

Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
Direct loans, gross ..............................
Allowance for estimated uncollectible
loans and interest (–) ....................

360

109

–326

–105

–16

–5

Value of assets related to direct
loans ..........................................

24.40

Unobligated balance carried forward, end of year .......

523

2 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

52
55
¥43

63
56
¥58

61
43
¥60

5,886

6,267

108

17
512

1999

72.99
73.10
73.20

20
513

1
105

..................
43

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

Obligated balance, end of year ............................

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

529

533

106

5,357

5,734

3999

Total net position ................................

5,357

5,734

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

9
34

22
36

17
43

4999

Total liabilities and net position ............

5,886

6,267

108

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

45
43

54
58

43
60

Note.—Ginnie Mae guarantees the timely payment of principal and interest installments on securities which
are backed by FHA-insured, Rural Housing Service, and VA-guaranteed mortgages. Such guarantees are excluded
from the Government total of guaranteed obligations duplicating FHA, Rural Housing Service, and VA guarantees.

Object Classification (in millions of dollars)
2000 actual

Identification code 86–4238–0–3–371

25.2
33.0
92.0
99.9

2001 est.

Other services ................................................................
3
Investments and loans ..................................................
42
Undistributed ................................................................. ...................
Total new obligations ................................................

2002 est.

3
2
38 ...................
6,610
56

6,651

POLICY DEVELOPMENT AND RESEARCH
Federal Funds
General and special funds:
RESEARCH

AND

TECHNOLOGY

For contracts, grants, and necessary expenses of programs of research and studies relating to housing and urban problems, not otherwise provided for, as authorized by title V of the Housing and Urban
Development Act of 1970, as amended (12 U.S.C. 1701z–1 et seq.),
including carrying out the functions of the Secretary under section
1(a)(1)(i) of Reorganization Plan No. 2 of 1968, ø$53,500,000¿
$43,404,000, to remain available until September 30, ø2002: Provided,
That of the amount provided under this heading, $10,000,000 shall
be for the Partnership for Advancing Technology in Housing (PATH)
Initiative: Provided further, That $3,000,000 shall be for program
evaluation to support strategic planning, performance measurement,
and their coordination with the Department’s budget process: Provided further, That $500,000, to remain available until expended,
shall be for a commission as established under section 525 of Preserving Affordable Housing for Senior Citizens and Families into
the 21st Century Act¿ 2003. (Departments of Veterans Affairs and
Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0108–0–1–451

00.01
00.02
00.03
00.04
00.05

2001 est.

2002 est.

Obligations by program activity:
Housing Research ..........................................................
35
42
43
PATH ...............................................................................
10
10 ...................
International Activities ...................................................
10 ................... ...................
Commission on Affordable Housing .............................. ...................
1 ...................
Strategic Planning Performance Measurement ............. ...................
3 ...................

10.00

Total new obligations ................................................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

12
45

2 ...................
54
43

23.90
23.95

Total budgetary resources available for obligation
Total new obligations ....................................................

57
¥55

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56
¥56

Frm 00043

The Housing and Urban Development Act of 1970 directs
the Secretary to undertake programs of research, studies,
testing, and demonstrations related to the HUD mission.
These functions are carried out internally and through contracts with industry, nonprofit research organizations, and
educational institutions, and through agreements with State
and local governments and other Federal agencies.
In 2002, the research program will focus on research and
evaluation of HUD’s housing, community development, and
economic development programs. National Housing Surveys
will continue in 2002. Research and evaluation activities will
also support the Department in carrying out its responsibilities under the Government Performance and Results Act.
Object Classification (in millions of dollars)

Fmt 3616

2001 est.

2002 est.

25.2
41.0

Other services ................................................................
Grants, subsidies, and contributions ............................

39
16

50
6

38
5

99.9

Total new obligations ................................................

FAIR HOUSING AND EQUAL OPPORTUNITY
Federal Funds
General and special funds:
FAIR HOUSING ACTIVITIES
For contracts, grants, and other assistance, not otherwise provided
for, as authorized by title VIII of the Civil Rights Act of 1968, as
amended by the Fair Housing Amendments Act of 1988, and section
561 of the Housing and Community Development Act of 1987, as
amended, ø$46,000,000¿ $45,899,000, to remain available until September 30, ø2002¿ 2003, of which ø$24,000,000¿ $22,949,000 shall
be to carry out activities pursuant to such section 561: Provided,
That no funds made available under this heading shall be used to
lobby the executive or legislative branches of the Federal Government
in connection with a specific contract, grant or loan. (Departments
of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted by section
1(a)(1) of P.L. 106–377.)

43
¥43

2000 actual

Identification code 86–0108–0–1–451

Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0144–0–1–751

00.01
00.02

Obligations by program activity:
Fair housing assistance ................................................
Fair housing initiatives ..................................................

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PsN: HUD

22
16

2001 est.

28
48

2002 est.

23
23

524

FAIR HOUSING AND EQUAL OPPORTUNITY—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

General and special funds—Continued
FAIR HOUSING ACTIVITIES—Continued

OFFICE OF LEAD HAZARD CONTROL AND
HEALTHY HOMES

Program and Financing (in millions of dollars)—Continued

Federal Funds

2000 actual

Identification code 86–0144–0–1–751

10.00

2001 est.

2002 est.

General and Special Funds:
LEAD HAZARD REDUCTION

Total new obligations (object class 41.0) ................

21.40
22.00

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
New budget authority (gross) ........................................

23.90
23.95
23.98
24.40

26
44

30 ...................
46
46

70
76
46
¥38
¥76
¥46
¥2 ................... ...................
30 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

34
38
¥33

39
76
¥37

78
46
¥37

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

Obligated balance, end of year ............................

(INCLUDING

72.99
73.10
73.20

TRANSFER OF FUNDS)

For the Lead Hazard Reduction Program, as authorized by sections
1011 and 1053 of the Residential Lead-Based Hazard Reduction Act
of 1992, ø$100,000,000¿ $109,758,000 to remain available until expended, of which ø$1,000,000 shall be for CLEARCorps and¿
$10,000,000 shall be for the Healthy Homes Initiative, pursuant to
sections 501 and 502 of the Housing and Urban Development Act
of 1970 that shall include research, studies, testing, and demonstration efforts, including education and outreach concerning lead-based
paint poisoning and other housing-related øenvironmental¿ childhood
diseases and hazards: Provided, That for purposes of environmental
review, a grant under the Healthy Homes Initiative, under this heading or under prior appropriations Acts, shall be treated as assistance
for a special project that is subject to section 305(c) of the Multifamily
Housing Property Disposition Reform Act of 1994, and shall be subject
to the regulations issued by the Secretary to implement such section.
(Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as enacted
by section 1(a)(1) of P.L. 106–377.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0174–0–1–451

2001 est.

2002 est.

00.01
86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

44
33

46
37

The Budget proposes an appropriation of $46 million in
2002 to fund fair housing activities that support efforts to
end housing discrimination. Of the amount requested, $23
million is for the Fair Housing Assistance Program and $23
million is for the Fair Housing Initiatives Program. This includes $7.5 million used in previous budgets for the National
Housing Discrimination Audit now redirected to increase fair
housing program activities by 20 percent over the 2001 level.
The Fair Housing Assistance Program (FHAP), authorized
by title VIII of the Civil Rights Act of 1968 as amended,
provides funding to State and local agencies to assure prompt
and effective processing of Title VIII (Civil Rights Act of 1968)
complaints.
The funding requested for FHAP will support fair housing
enforcement by increasing funding to support additional State
and local fair housing organizations to meet the needs of
currently underserved populations. It is estimated that the
number of new State and local agencies with laws equivalent
to the Fair Housing Act will increase to 95 in 2002 from
89 in 2001.
The Fair Housing Initiatives Program (FHIP), authorized
by the Housing and Community Development Act of 1987,
as amended by the Housing and Community Development
Act of 1992, provides support to public and private organizations for the purpose of eliminating or preventing discrimination in housing and for enhancing fair housing opportunities.
FHIP provides funding for projects that inform and educate
the public, including housing providers, on the rights and
obligations of the Fair Housing Act and about substantially
equivalent state and local fair housing laws.

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174

110

10.00
1 ................... ...................
32
37
37

Obligations by program activity:
Lead abatement .............................................................
Total new obligations (object class 41.0) ................

174

110

Budgetary resources available for obligation:
Unobligated balance carried forward, start of year
62
72 ...................
New budget authority (gross) ........................................
80
100
110
Resources available from recoveries of prior year obligations .......................................................................
1 ................... ...................
22.22 Unobligated balance transferred from other accounts ...................
2 ...................
21.40
22.00
22.10

23.90
23.95
24.40

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

143
174
110
¥71
¥174
¥110
72 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................

100

110

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

196

275

72.99
73.10
73.20
73.32
73.45
74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Obligated balance transferred from other accounts
Recoveries of prior year obligations ..............................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

74.99

16
196
275
71
174
110
¥95
¥95
¥95
204 ................... ...................
¥1 ................... ...................
196

275

290

Obligated balance, end of year ............................

196

275

290

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

2
93

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

80
95

100
95

110
95

Title X of the Housing and Community Development Act
of 1992 (Public Law 102–550), known as the Residential LeadBased Paint Hazard Reduction Act, authorized the Secretary
to establish the Lead-Based Paint Hazard Control Grant Program. The primary purpose of the program is to reduce the

Sfmt 3616

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MANAGEMENT AND ADMINISTRATION
Federal Funds

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

exposure of young children to lead-based paint hazards in
their homes.
The program is a major part of a 10-year strategy to eliminate lead poisoning in children. The 2002 Budget includes
a $10 million increase to $100 million for HUD’s Lead Hazard
Control Program and $10 million for the Healthy Homes Initiative.
The Lead Hazard Control Grant Program provides grants
of $1 to $3 million to State and local governments and Indian
tribes for control of lead-based paint hazards in privately
owned, low-income owner-occupied and rental housing. The
grants are also designed to stimulate the development of a
trained and certified hazard evaluation and control industry
by requiring all contractors to be certified and all workers
to be trained through a State- or EPA-accredited program.
In awarding grants, HUD promotes the use of new, low cost
approaches to hazard control that can be replicated across
the nation.
The Healthy Homes Initiative will enable the Department
to control additional childhood diseases and injuires that are
caused by housing related factors. The initative will allow
for a demonstration that evaluates the methods of controlling
two or more housing related diseases through a single intervention. A public education/outreach effort, to enable the public to act effectively to protect their children, will also be
conducted.
The Office of Healthy Homes and Lead Hazard Control
will continue its Technical Assistance program, which will
include public education; technical assistance for State and
local agencies, private property owners, HUD programs and
field offices and professional organizations; quality control to
ensure that the evaluation and control of lead-based paint
hazards is done properly in HUD-assisted housing; development of standards, technical guidance, regulations and improved testing; and hazard control methods.
Prior to 1997, funding for the lead hazard control grant
program was provided under the Annual Contributions for
Assisted Housing Account. In 1997 and 1998, the program
was funded as a set-aside under the Community Development
Block Grant (CDBG) account. Starting in 1999 the program
was funded as a separate, stand-alone program.

525

ment of this provision by two and one-half percent: Provided further,
That the Secretary shall submit a staffing plan for the Department
by May 15, 2001: Provided further, That the Secretary is prohibited
from using funds under this heading or any other heading in this
Act to employ more than 14 employees in the Office of Public Affairs
or in any position in the Department where the employee reports
to an employee of the Office of Public Affairs¿. (Departments of Veterans Affairs and Housing and Urban Development, and Independent
Agencies Appropriations Act, 2001, as enacted by section 1(a)(1) of
P.L. 106–377.)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–0143–0–1–999

Obligations by program activity:
Direct program:
00.01
Housing, mortgage credit, regulatory and energy
conservation ..........................................................
00.02
Community planning and development programs
00.03
Equal opportunity and research programs ...............
00.04
Departmental management, legal and audit services ........................................................................
00.05
Field direction and administration ...........................
09.01 Reimbursable program ..................................................

2001 est.

2002 est.

185
31
34

211
36
39

216
37
40

30
194
535

34
222
528

35
228
541

09.99

Total reimbursable program ......................................

535

528

541

10.00

Total new obligations ................................................

1,009

1,070

1,097

22.00

Budgetary resources available for obligation:
New budget authority (gross) ........................................

1,012

1,070

1,097

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

1,012
1,070
1,097
¥1,009
¥1,070
¥1,097
¥2 ................... ...................

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
477
40.77
Reduction pursuant to P.L. 106–554 (0.22 percent) ...................

543
556
¥1 ...................

43.00

477

542

556

535

528

541

Spending authority from offsetting collections
(total discretionary) ..........................................

535

528

541

Total new budget authority (gross) ..........................

1,012

1,070

1,097

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

163

194

68.00

Appropriation (total discretionary) ........................
Spending authority from offsetting collections:
Offsetting collections (cash) .....................................

68.90
70.00

MANAGEMENT AND ADMINISTRATION
Federal Funds

72.99
73.10
73.20
73.31
73.40

General and special funds:
SALARIES
(INCLUDING

AND

EXPENSES

TRANSFER OF FUNDS)

For necessary administrative and non-administrative expenses of
the Department of Housing and Urban Development, not otherwise
provided for, including not to exceed $7,000 for official reception
and representation expenses, ø$1,072,000,000¿ $1,097,257,000, of
which ø$518,000,000¿ $530,457,000 shall be provided from the various funds of the Federal Housing Administration, $9,383,000 shall
be provided from funds of the Government National Mortgage Association, $1,000,000 shall be provided from the ‘‘Community development fund’’ account, $150,000 shall be provided by transfer from
the ‘‘Title VI Indian federal guarantees program’’ account, and
$200,000 shall be provided by transfer from the ‘‘Indian housing
loan guarantee fund program’’ accountø: Provided, That the Secretary
is prohibited from using any funds under this heading or any other
heading in this Act from employing more than 77 schedule C and
20 noncareer Senior Executive Service employees: Provided further,
That not more than $758,000,000 shall be made available to the
personal services object class: Provided further, That no less than
$100,000,000 shall be transferred to the Working Capital Fund for
the development and maintenance of Information Technology Systems: Provided further, That the Secretary shall fill 7 out of 10
vacancies at the GS–14 and GS–15 levels until the total number
of GS–14 and GS–15 positions in the Department has been reduced
from the number of GS–14 and GS–15 positions on the date of enact-

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74.40

Obligated balance, start of year ..........................
163
194
194
Total new obligations ....................................................
1,009
1,070
1,097
Total outlays (gross) ......................................................
¥968
¥1,070
¥1,092
Obligated balance transferred to other accounts ......... ...................
¥2 ...................
Adjustments in expired accounts (net) .........................
¥10 ................... ...................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
194
194
199

74.99

Obligated balance, end of year ............................

194

199

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

903
65

945
125

969
125

87.00

Total outlays (gross) .................................................

968

1,070

1,092

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥535

¥528

¥541

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

477
433

542
542

556
551

89.00
90.00

This appropriation finances all salaries and related costs
associated with administering the programs of the Department of Housing and Urban Development, including: housing
and mortgage credit programs; community planning and development programs; equal opportunity, research, regulatory

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526

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002
24.40

General and special funds—Continued
SALARIES
(INCLUDING

TRANSFER OF FUNDS)—Continued

and insurance programs; departmental management, and
legal services; and, field direction and administration.

2000 actual

Identification code 86–0143–0–1–999

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other than full-time permanent ...........................
Other personnel compensation .............................

2001 est.

2002 est.

284
2
5

296
2
5

274
62
8
43

291
66
12
53

303
68
12
53

14
3
42
3

16
2
70
3

25.4
26.0
31.0

Total personnel compensation .........................
Civilian personnel benefits .......................................
Travel and transportation of persons .......................
Rental payments to GSA ...........................................
Communications, utilities, and miscellaneous
charges .................................................................
Printing and reproduction .........................................
Advisory and assistance services .............................
Other services ............................................................
Purchases of goods and services from Government
accounts ................................................................
Operation and maintenance of facilities ..................
Supplies and materials .............................................
Equipment .................................................................

14
4
3
4

21
5
2
1

99.0
99.0

Subtotal, direct obligations ..................................
Reimbursable obligations ..............................................

474
535

542
528

99.9

Total new obligations ................................................

1,009

1,070

24.0
25.1
25.2
25.3

New budget authority (gross), detail:
Discretionary:
40.00
Appropriation .............................................................
40.36
Unobligated balance rescinded .................................

57
53
62
¥6 ................... ...................
62

Spending authority from offsetting collections
(total discretionary) ..........................................

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

70.00

74.40

2000 actual

Direct:
Total compensable workyears: Full-time equivalent
employment ...............................................................
Reimbursable:
2001 Total compensable workyears: Full-time equivalent
employment ...............................................................

74.99

556
541
1,097

Personnel Summary
Identification code 86–0143–0–1–999

68.00

2001 est.

2002 est.

72.99
73.10
73.20
73.45

4,271

4,333

4,699

4,767

Obligated balance, end of year ............................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

72
41

74
16

80
12

87.00

Total outlays (gross) .................................................

112

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

¥33

¥32

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

51
79

53
57

62
60

4,767

52
27
28
91
92
94
¥112
¥90
¥92
¥3 ................... ...................
27

1001

OFFICE

Appropriation (total discretionary) ........................
Spending authority from offsetting collections:
Offsetting collections (cash) .....................................

68.90
267
2
5

11.9
12.1
21.0
23.1
23.3

6 ................... ...................

43.00

Object Classification (in millions of dollars)

11.1
11.3
11.5

Unobligated balance carried forward, end of year .......

EXPENSES—Continued

AND

INSPECTOR GENERAL

For necessary expenses of the Office of Inspector General in carrying out the Inspector General Act of 1978, as amended,
ø$85,000,000¿ $93,898,000, of which $22,343,000 shall be provided
from the various funds of the Federal Housing Administration and
$10,000,000 shall be provided from the amount earmarked for Operation Safe Home in the appropriation for ø‘‘Drug elimination grants
for low-income housing’’¿ the ‘‘Public Housing Operating Fund’’: Provided, That the Inspector General shall have independent authority
over all personnel issues within the Office of Inspector General. (Departments of Veterans Affairs and Housing and Urban Development,
and Independent Agencies Appropriations Act, 2001, as enacted by
section 1(a)(1) of P.L. 106–377.)

89.00
90.00

This appropriation provides agency wide audit and investigative functions to identify and correct management and
administrative deficiencies that create conditions for existing
or potential instances of fraud, waste and mismanagement.
The audit function provides internal audit and contract audit.
Internal audits review and evaluate all facets of agency operations. The investigative function provides for the detection
and investigation of improper and illegal activities involving
programs, personnel, and operations.
Object Classification (in millions of dollars)

11.1
11.5

Program and Financing (in millions of dollars)

2000 actual

Identification code 86–0189–0–1–451

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other personnel compensation .............................

2002 est.

31
1

36
2

32
8
4
5

32
8
4
4

38
8
4
4

1
4

1
5

1
3

2
1
1

3
1
1

2
1
1

00.01
09.01

Obligations by program activity:
Direct program ...............................................................
Reimbursable program ..................................................

58
33

59
33

62
32

10.00

Total new obligations ................................................

25.1
25.3

21.40
22.00
22.10

10
84

6 ...................
86
94

26.0
31.0

Total personnel compensation .........................
Civilian personnel benefits .......................................
Travel and transportation of persons .......................
Rental payments to GSA ...........................................
Communications, utilities, and miscellaneous
charges .................................................................
Advisory and assistance services .............................
Purchases of goods and services from Government
accounts ................................................................
Supplies and materials .............................................
Equipment .................................................................

3 ................... ...................

99.0
99.0

Subtotal, direct obligations ..................................
Reimbursable obligations ..............................................

58
33

59
33

62
32

99.9

Total new obligations ................................................

2000 actual

Identification code 86–0189–0–1–451

23.90
23.95
23.98

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance expiring or withdrawn .................

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2001 est.

2002 est.

97
92
94
¥91
¥92
¥94
¥1 ................... ...................

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11.9
12.1
21.0
23.1
23.3

2001 est.

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MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
OFFICE

Personnel Summary
2000 actual

Identification code 86–0189–0–1–451

2001 est.

FEDERAL HOUSING ENTERPRISE OVERSIGHT
SALARIES

2002 est.

527

AND

EXPENSES

(INCLUDING TRANSFER OF FUNDS)

447

451

446

251

254

234

CONSOLIDATED FEE FUND
Of the balances remaining from fees and charges under section
7(j) of the Department of Housing and Urban Development Act,
$6,700,000 is rescinded.

For carrying out the Federal Housing Enterprise Financial Safety
and Soundness Act of 1992, including not to exceed ø$500¿ $1,000
for official reception and representation expenses, ø$22,000,000¿
$27,000,000, to remain available until expended, to be derived from
the Federal Housing Enterprise Oversight Fund: Provided, That not
to exceed such amount shall be available from the General Fund
of the Treasury to the extent necessary to incur obligations and
make expenditures pending the receipt of collections to the Fund:
Provided further, That the General Fund amount shall be reduced
as collections are received during the fiscal year so as to result
in a final appropriation from the General Fund estimated at not
more than $0. (Departments of Veterans Affairs and Housing and
Urban Development, and Independent Agencies Appropriations Act,
2001, as enacted by section 1(a)(1) of P.L. 106–377.)
Unavailable Collections (in millions of dollars)

Unavailable Collections (in millions of dollars)
2000 actual

Identification code 86–5486–0–2–604

Receipts:
Miscellaneous fees and charges ...................................
Appropriations:
05.00 Consolidated fee fund ...................................................
02.00

07.99

2001 est.

2002 est.

16 ................... ...................
¥16 ................... ...................

Balance, end of year ..................................................... ................... ................... ...................

2000 actual

Identification code 86–5272–0–2–371

Receipts:
Office of federal housing enterprise oversight .............
Appropriations:
05.00 Office of federal housing enterprise oversight .............
02.60

07.99

2001 est.

2002 est.

¥19

¥22

¥27

Balance, end of year ..................................................... ................... ................... ...................

Program and Financing (in millions of dollars)
Program and Financing (in millions of dollars)
2000 actual

Identification code 86–5272–0–2–371
2000 actual

Identification code 86–5486–0–2–604

2001 est.

1 ...................

10.00

Obligations by program activity:
Direct program ...............................................................

10.00

Total new obligations ................................................

1 ...................

Budgetary resources available for obligation:
21.40 Unobligated balance carried forward, start of year ...................
16
22.00 New budget authority (gross) ........................................
16 ...................
23.90
23.95
24.40

Total budgetary resources available for obligation
16
Total new obligations .................................................... ...................
Unobligated balance carried forward, end of year .......
16

22.00
22.10
15
¥7

16
8
¥1 ...................
15
8

New budget authority (gross), detail:
Discretionary:
40.36
Unobligated balance rescinded ................................. ................... ...................
¥7
Mandatory:
60.25
Appropriation (special fund, indefinite) ....................
16 ................... ...................
70.00

73.10

Total new budget authority (gross) ..........................

16 ...................

Change in unpaid obligations:
Total new obligations .................................................... ...................

¥7

1 ...................

23.90
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
19
Resources available from recoveries of prior year obligations ....................................................................... ...................

1 ...................

Total budgetary resources available for obligation
Total new obligations ....................................................

19
¥20

23
¥23

27
¥27

New budget authority (gross), detail:
Discretionary:
40.20
Appropriation (special fund, definite) .......................

43.00

Appropriation (total discretionary) ........................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................

72.99
73.10
73.20
73.45
74.40

Outlays (gross), detail:
86.98 Outlays from mandatory balances ................................ ...................

2002 est.

00.01

Obligations by program activity:
00.01 Direct Program Activity .................................................. ...................
Total new obligations (object class 25.3) ................ ...................

2001 est.

2002 est.

Obligated balance, start of year ..........................
4
Total new obligations ....................................................
20
Total outlays (gross) ......................................................
¥18
Recoveries of prior year obligations .............................. ...................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................
6

6
6
23
27
¥22
¥26
¥1 ...................
6

1 ...................

74.99

Obligated balance, end of year ............................

Net budget authority and outlays:
89.00 Budget authority ............................................................
16 ...................
¥7
90.00 Outlays ........................................................................... ...................
1 ...................

86.90
86.93

Outlays (gross), detail:
Outlays from new discretionary authority .....................
Outlays from discretionary balances .............................

14
4

18
4

22
4

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

19
18

22
22

27
26

Section 7(j) of the Department of Housing and Urban Development Act establishes fees and charges from selected programs to offset the costs of audits, inspections and other
related expenses that may be incurred by the Department
in monitoring these programs. These fees were mis-classified
for many years as deposit funds, which is a holding fund
for refunds to private entities. Because these are Federal
funds, they are now re-classified as such and displayed on
budget. In 2002, a rescission is requested, which offsets most
of the increase in funding for the Inspector General account.

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This appropriation funds the Office of Federal Housing Enterprise Oversight (the Office), which was established in 1992
to regulate the financial safety and soundness of two housing
Government Sponsored Enterprises (GSEs)—Fannie Mae and
Freddie Mac. The Office was authorized in the Federal Housing Enterprise Safety and Soundness Act of 1992, which also

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MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

528

THE BUDGET FOR FISCAL YEAR 2002
74.95

OFFICE

Uncollected customer payments from Federal
sources, end of year .............................................

¥98

¥111

74.99

General and special funds—Continued

Obligated balance, end of year ............................

¥17

¥3

86.97

Outlays (gross), detail:
Outlays from new mandatory authority .........................

299

327

362

¥255

¥314

¥362

FEDERAL HOUSING ENTERPRISE OVERSIGHT—Continued
SALARIES

AND

EXPENSES—Continued

(INCLUDING TRANSFER OF FUNDS)—Continued

instituted a risk-based capital standard for the GSEs, and
gave the regulator enhanced authority to enforce those standards. The office is also required by statute to conduct onsite annual examinations at the GSEs to determine the condition of each enterprise for the purpose of ensuring their financial safety and soundness.

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources
Against gross budget authority only:
88.95
Change in uncollected customer payments from
Federal sources .....................................................

Object Classification (in millions of dollars)
2000 actual

Identification code 86–5272–0–2–371

2001 est.

2002 est.

11.1
12.1
23.2
25.2
31.0

Direct obligations:
Personnel compensation: Personnel Compensation
Civilian personnel benefits .......................................
Rental payments to others ........................................
Other services ............................................................
Equipment .................................................................

9
2
2
5
1

13
3
2
3
1

13
3
3
3
4

99.0
99.5

Subtotal, direct obligations ..................................
Below reporting threshold ..............................................

19
1

22
1

26
1

99.9

Total new obligations ................................................

89.00
90.00

¥10

¥13 ...................

The Working Capital Fund, authorized by the Department
of Housing and Urban Development Act of 1965, finances
information technology and office automation initiatives which
can be performed more efficiently on a centralized basis. The
fund is financed from fees charged for services performed.
Object Classification (in millions of dollars)
2000 actual

Identification code 86–4586–0–4–451

Personnel Summary
2000 actual

Identification code 86–5272–0–2–371

1001

Total compensable workyears: Full-time equivalent
employment ...............................................................

2001 est.

111

2002 est.

116

11.1
12.1
21.0
22.0
23.3
25.1
26.0
31.0

Total new obligations ................................................

WORKING CAPITAL FUND

2000 actual

Identification code 86–4586–0–4–451
2001 est.

2002 est.

Obligations by program activity:
09.01 Reimbursable program ..................................................

275

352

10.00

275

352

2001

Total compensable workyears: Full-time equivalent
employment ...............................................................

362
362

Total new obligations ................................................

Total budgetary resources available for obligation
Total new obligations ....................................................
Unobligated balance carried forward, end of year .......

New budget authority (gross), detail:
Mandatory:
69.00
Offsetting collections (cash) .....................................
69.10
Change in uncollected customer payments from
Federal sources .....................................................
69.90

Spending authority from offsetting collections
(total mandatory) .............................................

72.99
73.10
73.20
73.45
74.00

74.40

Obligated balance, start of year ..........................
Total new obligations ....................................................
Total outlays (gross) ......................................................
Recoveries of prior year obligations ..............................
Change in uncollected customer payments from Federal sources ...............................................................
Unpaid obligations, end of year:
Unpaid obligations, end of year ...............................

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352

362

32
265

25 ...................
327
362

3 ................... ...................
300
352
362
¥275
¥352
¥362
25 ................... ...................

255
10
265

314

362

13 ...................
327

362

109

108

¥88

¥98

¥111

21
¥17
¥3
275
352
362
¥299
¥327
¥362
¥3 ................... ...................
¥10
81

PO 00000

¥13 ...................
108

Frm 00048

108

Fmt 3616

349

2001 est.

2002 est.

365

436

ADMINISTRATIVE PROVISIONS
SEC. 201. Fifty percent of the amounts of budget authority, or
in lieu thereof 50 percent of the cash amounts associated with such
budget authority, that are recaptured from projects described in section 1012(a) of the øStewart B.¿ McKinney-Vento Homeless Assistance Amendments Act of 1988 (Public Law 100–628; 102 Stat. 3224,
3268) shall be rescinded, or in the case of cash, shall be remitted
to the Treasury, and such amounts of budget authority or cash recaptured and not rescinded or remitted to the Treasury shall be used
by State housing finance agencies or local governments or local housing agencies with projects approved by the Secretary of Housing
and Urban Development for which settlement occurred after January
1, 1992, in accordance with such section. Notwithstanding the previous sentence, the Secretary may award up to 15 percent of the
budget authority or cash recaptured and not rescinded or remitted
to the Treasury to provide project owners with incentives to refinance
their project at a lower interest rate.
øFAIR

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Unpaid obligations, start of year ..............................
72.95
Uncollected customer payments from Federal
sources, start of year ...........................................

275

35
6
1
1
46
252
1
20

Personnel Summary

Program and Financing (in millions of dollars)
Identification code 86–4586–0–4–451

2002 est.

Personnel compensation: Full-time permanent .............
25
28
Civilian personnel benefits ............................................
5
5
Travel and transportation of persons ............................
1
1
Transportation of things ................................................ ................... ...................
Communications, utilities, and miscellaneous charges
43
45
Advisory and assistance services ..................................
191
240
Supplies and materials .................................................
1
1
Equipment ......................................................................
9
32

99.9

Intragovernmental funds:

2001 est.

HOUSING AND FREE SPEECH¿

øSEC. 202. None of the amounts made available under this Act
may be used during fiscal year 2001 to investigate or prosecute under
the Fair Housing Act any otherwise lawful activity engaged in by
one or more persons, including the filing or maintaining of a nonfrivolous legal action, that is engaged in solely for the purpose of
achieving or preventing action by a Government official or entity,
or a court of competent jurisdiction.¿
HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS GRANTS

SEC. ø203¿ 202. (a) ELIGIBILITY.—øNotwithstanding¿ Beginning in
fiscal year 2002 and thereafter, and notwithstanding section
854(c)(1)(A) of the AIDS Housing Opportunity Act (42 U.S.C.

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MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
12903(c)(1)(A)), from any amounts made available under this title
for a fiscal year ø2001¿ that are allocated under such section, the
Secretary of Housing and Urban Development shall allocate and
make a grant, in the amount determined under subsection (b), for
any State that—
(1) received an allocation in a prior fiscal year under clause
(ii) of such section; and
(2) is not otherwise eligible for an allocation for such fiscal year
ø2001¿ under such clause (ii) because the areas in the State outside
of the metropolitan statistical areas that qualify under clause (i)
in such fiscal year ø2001¿ do not have the number of cases of
acquired immunodeficiency syndrome (AIDS) required under such
clause.
(b) AMOUNT.—The amount of the allocation and grant for any State
described in subsection (a) shall be an amount based on the cumulative number of AIDS cases in the areas of that State that are
outside of metropolitan statistical areas that qualify under clause
(i) of such section 854(c)(1)(A) øin fiscal year 2001¿, in proportion
to AIDS cases among cities and States that qualify under clauses
(i) and (ii) of such section and States deemed eligible under subsection
(a).
ø(c) ENVIRONMENTAL REVIEW.—Section 856 of the Act is amended
by adding the following new subsection at the end:
‘‘(h) ENVIRONMENTAL REVIEW.—For purposes of environmental review, a grant under this subtitle shall be treated as assistance for
a special project that is subject to section 305(c) of the Multifamily
Housing Property Disposition Reform Act of 1994, and shall be subject to the regulations issued by the Secretary to implement such
section.’’.¿
SEC. 203. Section 225 of the Department of Veterans Affairs and
Housing and Urban Development, and Independent Agencies Appropriations Act, 2000, P.L. 106–74, is amended by inserting ‘‘and fiscal
year 2002’’ after ‘‘fiscal year 2001’’.
øENHANCED

DISPOSITION AUTHORITY¿

øSEC. 204. Section 204 of the Departments of Veterans Affairs
and Housing and Urban Development, and Independent Agencies
Appropriations Act, 1997, is amended by striking ‘‘and 2000’’ and
inserting ‘‘2000, and thereafter’’.¿
øMAXIMUM PAYMENT STANDARD

FOR

ENHANCED VOUCHERS¿

øSEC. 205. Section 8(t)(1)(B) of the United States Housing Act of
1937 is amended by inserting ‘‘and any other reasonable limit prescribed by the Secretary’’ immediately before the semicolon.¿
øDUE PROCESS

FOR

HOMELESS ASSISTANCE¿

øSEC. 206. None of the funds appropriated under this or any other
Act may be used by the Secretary of Housing and Urban Development
to prohibit or debar or in any way diminish the responsibilities of
any entity (and the individuals comprising that entity) that is responsible for convening and managing a continuum of care process
(convenor) in a community for purposes of the Stewart B. McKinney
Homeless Assistance Act from participating in that capacity unless
the Secretary has published in the Federal Register a description
of all circumstances that would be grounds for prohibiting or debarring a convenor from administering a continuum of care process and
the procedures for a prohibition or debarment: Provided, That these
procedures shall include a requirement that a convenor shall be provided with timely notice of a proposed prohibition or debarment,
an identification of the circumstances that could result in the prohibition or debarment, an opportunity to respond to or remedy these
circumstances, and the right for judicial review of any decision of
the Secretary that results in a prohibition or debarment.¿
øHUD REFORM ACT COMPLIANCE¿
øSEC. 207. Except as explicitly provided in legislation, any grant
or assistance made pursuant to Title II of this Act shall be made
in accordance with section 102 of the Department of Housing and
Urban Development Reform Act of 1989 on a competitive basis.¿
øEXPANSION

OF ENVIRONMENTAL ASSUMPTION AUTHORITY FOR
HOMELESS ASSISTANCE PROGRAMS¿

øSEC. 208. Section 443 of the Stewart B. McKinney Homeless Assistance Act is amended to read as follows:
‘‘SEC. 443. ENVIRONMENTAL REVIEW.
‘‘For purposes of environmental review, assistance and projects
under this title shall be treated as assistance for special projects
that are subject to section 305(c) of the Multifamily Housing Property

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529

Disposition Reform Act of 1994, and shall be subject to the regulations issued by the Secretary to implement such section.’’.¿
øTECHNICAL AMENDMENTS AND CORRECTIONS
HOUSING ACT¿

TO THE

NATIONAL

øSEC. 209. (a) SECTION 203 SUBSECTION DESIGNATIONS.—Section
203 of the National Housing Act is amended by—
(1) redesignating subsection (t) as subsection (u);
(2) redesignating subsection (s), as added by section 329 of the
Cranston-Gonzalez National Affordable Housing Act, as subsection
(t); and
(3) redesignating subsection (v), as added by section 504 of the
Housing and Community Development Act of 1992, as subsection
(w).
(b) MORTGAGE AUCTIONS.—The first sentence of section
221(g)(4)(C)(viii) of the National Housing Act is amended by inserting
after ‘‘December 31, 2002’’ the following: ‘‘, except that this subparagraph shall continue to apply if the Secretary receives a mortgagee’s
written notice of intent to assign its mortgage to the Secretary on
or before such date’’.
(c) MORTGAGEE REVIEW BOARD.—Section 202(c)(2) of the National
Housing Act is amended—
(1) in subparagraph (E), by striking ‘‘and’’;
(2) in subparagraph (F), by striking ‘‘or their designees.’’ and
inserting ‘‘and’’;
(3) by adding the following new subparagraph at the end:
‘‘(G) the Director of the Enforcement Center; or their designees.’’.¿
øINDIAN

HOUSING BLOCK GRANT PROGRAM¿

øSEC. 210. Section 201(b) of the Native American Housing Assistance and Self-Determination Act of 1996 is amended—
(1) by redesignating paragraphs (4) and (5) as paragraphs (5)
and (6) respectively; and
(2) by inserting after paragraph (3) the following new paragraph:
‘‘(4) LAW ENFORCEMENT OFFICERS.—Notwithstanding paragraph
(1), a recipient may provide housing or housing assistance provided
through affordable housing activities assisted with grant amounts
under this Act to a law enforcement officer on the reservation
or other Indian area, who is employed full-time by a Federal, state,
county or tribal government, and in implementing such full-time
employment is sworn to uphold, and make arrests for violations
of Federal, state, county or tribal law, if the recipient determines
that the presence of the law enforcement officer on the Indian
reservation or other Indian area may deter crime.’’.¿
øPROHIBITION

ON THE USE OF FEDERAL ASSISTANCE IN SUPPORT OF
THE SALE OF TOBACCO PRODUCTS¿

øSEC. 211. None of the funds appropriated in this or any other
Act may be used by the Secretary of Housing and Urban Development
to provide any grant or other assistance to construct, operate, or
otherwise benefit a facility, or facility with a designated portion of
that facility, which sells, or intends to sell, predominantly cigarettes
or other tobacco products. For the purposes of this provision, predominant sale of cigarettes or other tobacco products means cigarette
or tobacco sales representing more than 35 percent of the annual
total in-store, non-fuel, sales.¿
øPROHIBITION

ON IMPLEMENTATION OF PUERTO RICO PUBLIC
HOUSING ADMINISTRATION SETTLEMENT AGREEMENT¿

øSEC. 212. No funds may be used to implement the agreement
between the Commonwealth of Puerto Rico, the Puerto Rico Public
Housing Administration, and the Department of Housing and Urban
Development, dated June 7, 2000, related to the allocation of operating subsidies for the Puerto Rico Public Housing Administration
unless the Puerto Rico Public Housing Administration and the Department of Housing and Urban Development submit by December
31, 2000 a schedule of benchmarks and measurable goals to the
House and Senate Committees on Appropriations designed to address
issues of mismanagement and safeguards against fraud and abuse.¿
øHOPE VI GRANT

FOR

HOLLANDER RIDGE¿

øSEC. 213. The Housing Authority of Baltimore City may use the
grant award of $20,000,000 made to such authority for development
efforts at Hollander Ridge in Baltimore, Maryland with funds appropriated for fiscal year 1996 under the heading ‘‘Public Housing Demolition, Site Revitalization, and Replacement Housing Grants’’ for use,
as approved by the Secretary of Housing and Urban Development—

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MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

‘‘SEC. 443. ENVIRONMENTAL REVIEW.—Continued
øHOPE VI GRANT

FOR

HOLLANDER RIDGE¿—Continued

(1) for activities related to the revitalization of the Hollander
Ridge site; and
(2) in accordance with section 24 of the United States Housing
Act of 1937.¿
øCOMPUTER ACCESS

FOR

øMARK-TO-MARKET REFORM¿
øSEC. 215. Notwithstanding any other provision of law, the properties known as the Hawthornes in Independence, Missouri shall
be considered eligible multifamily housing projects for purposes of
participating in the multifamily housing restructuring program pursuant to title V of the Departments of Veterans Affairs and Housing
and Urban Development, and Independent Agencies Appropriations
Act, 1998 (Public Law 105–65).¿
øSECTION 236 EXCESS INCOME¿
øSEC. 216. Section 236(g)(3)(A) of the National Housing Act is
amended by striking out ‘‘fiscal year 2000’’ and inserting in lieu
thereof ‘‘fiscal years 2000 and 2001’’.¿
ELIGIBILITY¿

øSEC. 217. Section 102(a)(6)(D) of the Housing and Community
Development Act of 1974 is amended by—
(1) in clause (v), striking out the ‘‘or’’ at the end;
(2) in clause (vi), striking the period at the end; and
(3) adding at the end the following new clause:
‘‘(vii)(I) has consolidated its government with one or more municipal
governments, such that within the county boundaries there are no
unincorporated areas, (II) has a population of not less than 650,000,
(III) for more than 10 years, has been classified as a metropolitan
city for purposes of allocating and distributing funds under section
106, and (IV) as of the date of enactment of this clause, has over

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øEXEMPTION

PUBLIC HOUSING RESIDENTS¿

øSEC. 214. (a) USE OF PUBLIC HOUSING CAPITAL AND OPERATING
FUNDS.—Section 9 of the United States Housing Act of 1937 is
amended—
(1) in subsection (d)(1)(E), by inserting before the semicolon the
following: ‘‘, including the establishment and initial operation of
computer centers in and around public housing through a Neighborhood Networks initiative, for the purpose of enhancing the selfsufficiency, employability, and economic self-reliance of public housing residents by providing them with onsite computer access and
training resources’’;
(2) in subsection (e)(1)—
(A) in subparagraph (I), by striking the word ‘‘and’’ at the
end;
(B) in subparagraph (J), by striking the period and inserting
‘‘; and’’; and
(C) by adding after subparagraph (J) the following:
‘‘(K) the costs of operating computer centers in public housing
through a Neighborhood Networks initiative described in subsection (d)(1)(E), and of activities related to that initiative.’’;
and
(3) in subsection (h)—
(A) in paragraph (6), by striking the word ‘‘and’’ at the end;
(B) in paragraph (7), by striking the period and inserting
‘‘; and’’; and
(C) by inserting after paragraph (7) the following:
‘‘(8) assistance in connection with the establishment and operation of computer centers in public housing through a Neighborhood
Networks initiative described in subsection (d)(1)(E).’’.
(b) DEMOLITION, SITE REVITALIZATION, REPLACEMENT HOUSING, AND
TENANT-BASED ASSISTANCE GRANTS FOR PROJECTS.—Section 24 of the
United States Housing Act of 1937 is amended—
(1) in subsection (d)(1)(G), by inserting before the semicolon the
following: ‘‘, including a Neighborhood Networks initiative for the
establishment and operation of computer centers in public housing
for the purpose of enhancing the self-sufficiency, employability, an
economic self-reliance of public housing residents by providing them
with onsite computer access and training resources’’; and
(2) in subsection (m)(2), in the first sentence, by inserting before
the period the following ‘‘, including assistance in connection with
the establishment and operation of computer centers in public housing through the Neighborhoods Networks initiative described in
subsection (d)(1)(G)’’.¿

øCDBG

90 percent of the county’s population within the jurisdiction of the
consolidated government; or
‘‘(viii) notwithstanding any other provision of this section, any county that was classified as an urban county pursuant to subparagraph
(A) for fiscal year 1999, at the option of the county, may hereafter
remain classified as an urban county for purposes of this Act.’’.¿

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FOR ALASKA AND MISSISSIPPI FROM REQUIREMENT OF
RESIDENT ON BOARD OF PHA¿

øSEC. 218. Public housing agencies in the States of Alaska and
Mississippi shall not be required to comply with section 2(b) of the
United States Housing Act of 1937, as amended, during fiscal year
2001.¿
øUSE

OF MODERATE REHABILITATION FUNDS FOR HOME¿

øSEC. 219. Notwithstanding any other provision of law, the Secretary of Housing and Urban Development shall make the funds
available under contracts NY36K113004 and NY36K113005 of the
Department of Housing and Urban Development available for use
under the HOME Investment Partnerships Act and shall allocate
such funds to the City of New Rochelle, New York.¿
øLOMA

LINDA REPROGRAMMING¿

øSEC. 220. Of the amounts made available under the sixth undesignated paragraph under the heading ‘‘Community Planning and Development—Community Development Block Grants’’ in title II of the
Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1999 (Public
Law 105–276) for the Economic Development Initiative (EDI) for
grants for targeted economic investments, the $1,000,000 to be made
available (pursuant to the related provisions of the joint explanatory
statement in the conference report to accompany such Act (House
Report 105–769)) to the City of Loma Linda, California, for infrastructure improvements at Redlands Boulevard and California Streets
shall, notwithstanding such provisions, be made available to the City
for infrastructure improvements related to the Mountain View
Bridge.¿
øNATIVE

AMERICAN ELIGIBILITY FOR THE ROSS PROGRAM¿

øSEC. 221. (a) Section 34 of the United States Housing Act of
1937 is amended—
(1) in the heading, by striking ‘‘PUBLIC HOUSING’’ and inserting ‘‘PUBLIC AND INDIAN HOUSING’’;
(2) in subsection (a)—
(A) by inserting after ‘‘residents,’’ the following: ‘‘recipients
under the Native American Housing Assistance and Self-Determination Act of 1996 (notwithstanding section 502 of such Act)
on behalf of residents of housing assisted under such Act,’’
and
(B) by inserting after ‘‘public housing residents’’ the second
place it appears the following: ‘‘and residents of housing assisted under such Act’’,
(3) in subsection (b)—
(A) by inserting after ‘‘project’’ the first place it appears the
following: ‘‘or the property of a recipient under such Act or
housing assisted under such Act’’;
(B) by inserting after ‘‘public housing residents’’ the following: ‘‘or residents of housing assisted under such Act’’; and
(C) in subsection (b)(1), by inserting after ‘‘public housing
project’’ the following: ‘‘or residents of housing assisted under
such Act’’; and
(4) in subsection (d)(2), by striking ‘‘State or local’’ and inserting
‘‘State, local, or tribal’’.
(b) ASSESSMENT AND REPORT.—Section 538(b)(1) of the Quality
Housing and Work Responsibility Act of 1998 is amended by inserting
after ‘‘public housing’’ the following: ‘‘and housing assisted under
the Native American Housing Assistance and Self-Determination Act
of 1996’’.¿
øTREATMENT

OF EXPIRING ECONOMIC DEVELOPMENT INITIATIVE
GRANTS¿

øSEC. 222. (a) AVAILABILITY.—Section 220(a) of the Departments
of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2000 (Public Law 106–74; 113
Stat. 1075) is amended by striking ‘‘September 30, 2000’’ and inserting ‘‘September 30, 2001’’.
(b) APPLICABILITY.—The Secretary of the Treasury and the Secretary of Housing and Urban Development shall take such actions
as may be necessary to carry out such section 220 (as amended

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MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
by this subsection (a) of this section) notwithstanding any actions
taken previously pursuant to section 1552 of title 31, United States
Code.¿
øHOME

PROGRAM DISASTER FUNDING FOR ELDERLY HOUSING¿

øSEC. 223. Of the amounts made available under Chapter IX of
the Supplemental Appropriations Act of 1993 for assistance under
the HOME investment partnerships program to the city of Homestead, Florida (Public Law 103–50; 107 Stat. 262), up to $583,926.70
shall be made available to Dade County, Florida, for use only for
rehabilitating housing for low-income elderly persons, and such
amount shall not be subject to the requirements of such program,
except for section 288 of the HOME Investment Partnerships Act
(42 U.S.C. 12838).¿
øCDBG

PUBLIC SERVICES CAP¿

øSEC. 224. Section 105(a)(8) of the Housing and Community Development Act of 1974 is amended by striking ‘‘1993’’ and all that follows
through ‘‘City of Los Angeles’’ and inserting ‘‘1993 through 2001
to the City of Los Angeles’’.¿
øEXTENSION

OF APPLICABILITY OF DOWNPAYMENT SIMPLIFICATION
PROVISIONS¿

øSEC. 225. Subparagraph (A) of section 203(b)(10) of the National
Housing Act (12 U.S.C. 1709(b)(10)(A)) is amended, in the matter
that precedes clause (i), by striking ‘‘mortgage’’ and all that follows
through ‘‘involving’’ and inserting ‘‘mortgage closed on or before December 31, 2002, involving’’.¿
øUSE

OF SUPPORTIVE HOUSING PROGRAM FUNDS FOR INFORMATION
SYSTEMS¿

øSEC. 226. Section 423 of the Stewart B. McKinney Homeless Assistance Act is amended under subsection (a) by adding the following
paragraph:
‘‘(7) MANAGEMENT INFORMATION SYSTEM.—A grant for the costs
of implementing and operating management information systems
for purposes of collecting unduplicated counts of homeless people
and analyzing patterns of use of assistance funded under this
Act.’’.¿
øINDIAN HOUSING LOAN GUARANTEE REFORM¿
øSEC. 227. Section 184 of the Housing and Community Development Act of 1992 is amended—
(1) in subsection (a), by striking ‘‘or as a result of a lack of
access to private financial markets’’; and
(2) in subsection (b)(2), by inserting ‘‘refinance,’’ after ‘‘acquire,’’.¿
øUSE

SECTION 8 VOUCHERS

FOR

OPT-OUTS¿

øSEC. 228. Section 8(t)(2) of the United States Housing Act of
1937 is amended by inserting after ‘‘contract for rental assistance
under section 8 of the United States Housing Act of 1937 for such
housing project’’ the following: ‘‘(including any such termination or
expiration during fiscal years after fiscal year 1996 prior to the effective date of the Departments of Veterans Affairs and Housing and
Urban Development, and Independent Agencies Appropriations Act,
2001)’’.¿
øHOMELESS DISCHARGE COORDINATION POLICY¿
øSEC. 229. (a) DISCHARGE COORDINATION POLICY.—Subtitle A of
title IV of the Stewart B. McKinney Homeless Assistance Act is
amended by adding at the end the following new section:
‘‘SEC. 402. DISCHARGE COORDINATION POLICY.
‘‘The Secretary may not provide a grant under this title for any
governmental entity serving as an applicant unless the applicant
agrees to develop and implement, to the maximum extent practicable
and where appropriate, policies and protocols for the discharge of
persons from publicly funded institutions or systems of care (such
as health care facilities, foster care or other youth facilities, or correction programs and institutions) in order to prevent such discharge
from immediately resulting in homelessness for such persons.’’.
(b) ASSISTANCE UNDER EMERGENCY SHELTER GRANTS PROGRAM.—
Section 414(a)(4) of the Stewart B. McKinney Homeless Assistance
Act is amended—
(1) in the matter preceding subparagraph (A), by inserting a
comma after ‘‘homelessness’’;
(2) by striking ‘‘Not’’ and inserting the following: ‘‘Activities that
are eligible for assistance under this paragraph shall include assistance to very low-income families who are discharged from publicly

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funded institutions or systems of care (such as health care facilities,
foster care or other youth facilities, or correction programs and
institutions). Not’’.¿
øTECHNICAL

CHANGE TO SENIORS HOUSING COMMISSION¿

øSEC. 230. Section 525 of the Preserving Affordable Housing for
Senior Citizens and Families into the 21st Century Act’’ (42 U.S.C.
12701 note) is amended in subsection (a) by striking ‘‘Commission
on Affordable Housing and Health Care Facility Needs in the 21st
Century’’ and inserting ‘‘Commission on Affordable Housing and
Health Facility Needs for Seniors in the 21st Century’’.¿
øINTERAGENCY

COUNCIL ON THE HOMELESS REFORMS¿

øSEC. 231. Title II of the Stewart B. McKinney Homeless Assistance Act is amended—
(1) in section 202, under subsection (b) by inserting after the
period the following: ‘‘The positions of Chairperson and Vice Chairperson shall rotate among its members on an annual basis.’’; and
(2) in section 209 by striking ‘‘1994’’ and inserting ‘‘2005’’.¿
øSECTION 8

PHA PROJECT-BASED ASSISTANCE¿

øSEC. 232. (a) IN GENERAL.—Paragraph (13) of section 8(o) of the
United States Housing Act of 1937 (42 U.S.C. 1437f(o)(13)) is amended to read as follows:
‘‘(13) PHA PROJECT-BASED ASSISTANCE.—
‘‘(A) IN GENERAL.—A public housing agency may use amounts
provided under an annual contributions contract under this
subsection to enter into a housing assistance payment contract
with respect to an existing, newly constructed, or rehabilitated
structure, that is attached to the structure, subject to the limitations and requirements of this paragraph.
‘‘(B) PERCENTAGE LIMITATION.—Not more than 20 percent of
the funding available for tenant-based assistance under this
section that is administered by the agency may be attached
to structures pursuant to this paragraph.
‘‘(C) CONSISTENCY WITH PHA PLAN AND OTHER GOALS.—A public housing agency may approve a housing assistance payment
contract pursuant to this paragraph only if the contract is
consistent with—
‘‘(i) the public housing agency plan for the agency approved under
section 5A; and
‘‘(ii) the goal of deconcentrating poverty and expanding housing
and economic opportunities.
‘‘(D) INCOME MIXING REQUIREMENT.—
‘‘(i) IN GENERAL.—Not more than 25 percent of the dwelling units
in any building may be assisted under a housing assistance payment
contract for project-based assistance pursuant to this paragraph.
‘‘(ii) EXCEPTIONS.—The limitation under clause (i) shall not apply
in the case of assistance under a contract for housing consisting
of single family properties or for dwelling units that are specifically
made available for households comprised of elderly families, disabled
families, and families receiving supportive services.
‘‘(E) RESIDENT CHOICE REQUIREMENT.—A housing assistance
payment contract pursuant to this paragraph shall provide as
follows:
‘‘(i) MOBILITY.—Each low-income family occupying a dwelling unit
assisted under the contract may move from the housing at any time
after the family has occupied the dwelling unit for 12 months.
‘‘(ii) CONTINUED ASSISTANCE.—Upon such a move, the public housing agency shall provide the low-income family with tenant-based
rental assistance under this section or such other tenant-based rental
assistance that is subject to comparable income, assistance, rent contribution, affordability, and other requirements, as the Secretary shall
provide by regulation. If such rental assistance is not immediately
available to fulfill the requirement under the preceding sentence with
respect to a low-income family, such requirement may be met by
providing the family priority to receive the next voucher or other
tenant-based rental assistance amounts that become available under
the program used to fulfill such requirement.
‘‘(F) CONTRACT TERM.—A housing assistance payment contract pursuant to this paragraph between a public housing
agency and the owner of a structure may have a term of up
to 10 years, subject to the availability of sufficient appropriated
funds for the purpose of renewing expiring contracts for assistance payments, as provided in appropriations Acts and in the
agency’s annual contributions contract with the Secretary, and
to annual compliance with the inspection requirements under
paragraph (8), except that the agency shall not be required
to make annual inspections of each assisted unit in the devel-

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Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

‘‘SEC. 402. DISCHARGE COORDINATION POLICY.—
Continued
øSECTION 8

PHA PROJECT-BASED ASSISTANCE¿—Continued

opment. The contract may specify additional conditions for its
continuation. If the units covered by the contract are owned
by the agency, the term of the contract shall be agreed upon
by the agency and the unit of general local government or
other entity approved by the Secretary in the manner provided
under paragraph (11).
‘‘(G) EXTENSION OF CONTRACT TERM.—A public housing agency may enter into a contract with the owner of a structure
assisted under a housing assistance payment contract pursuant
to this paragraph to extend the term of the underlying housing
assistance payment contract for such period as the agency determines to be appropriate to achieve long-term affordability
of the housing or to expand housing opportunities. Such a
contract shall provide that the extension of such term shall
be contingent upon the future availability of appropriated funds
for the purpose of renewing expiring contracts for assistance
payments, as provided in appropriations Acts, and may obligate
the owner to have such extensions of the underlying housing
assistance payment contract accepted by the owner and the
successors in interest of the owner.
‘‘(H) RENT CALCULATION.—A housing assistance payment contract pursuant to this paragraph shall establish rents for each
unit assisted in an amount that does not exceed 110 percent
of the applicable fair market rental (or any exception payment
standard approved by the Secretary pursuant to paragraph
(1)(D)), except that if a contract covers a dwelling unit that
has been allocated low-income housing tax credits pursuant
to section 42 of the Internal Revenue Code of 1986 (26 U.S.C.
42) and is not located in a qualified census tract (as such
term is defined in subsection (d) of such section 42), the rent
for such unit may be established at any level that does not
exceed the rent charged for comparable units in the building
that also receive the low-income housing tax credit but do
not have additional rental assistance. The rents established
by housing assistance payment contracts pursuant to this paragraph may vary from the payment standards established by
the public housing agency pursuant to paragraph (1)(B), but
shall be subject to paragraph (10)(A).
‘‘(I) RENT ADJUSTMENTS.—A housing assistance payments
contract pursuant to this paragraph shall provide for rent adjustments, except that—
‘‘(i) the adjusted rent for any unit assisted shall be reasonable
in comparison with rents charged for comparable dwelling units in
the private, unassisted, local market and may not exceed the maximum rent permitted under subparagraph (H); and
‘‘(ii) the provisions of subsection (c)(2)(C) shall not apply.
‘‘(J) TENANT SELECTION.—A public housing agency shall select families to receive project-based assistance pursuant to
this paragraph from its waiting list for assistance under this
subsection. Eligibility for such project-based assistance shall
be subject to the provisions of section 16(b) that apply to tenant-based assistance. The agency may establish preferences or
criteria for selection for a unit assisted under this paragraph
that are consistent with the public housing agency plan for
the agency approved under section 5A. Any family that rejects
an offer of project-based assistance under this paragraph or
that is rejected for admission to a structure by the owner
or manager of a structure assisted under this paragraph shall
retain its place on the waiting list as if the offer had not
been made. The owner or manager of a structure assisted
under this paragraph shall not admit any family to a dwelling
unit assisted under a contract pursuant to this paragraph other
than a family referred by the public housing agency from its
waiting list. Subject to its waiting list policies and selection
preferences, a public housing agency may place on its waiting
list a family referred by the owner or manager of a structure
and may maintain a separate waiting list for assistance under
this paragraph, but only if all families on the agency’s waiting
list for assistance under this subsection are permitted to place
their names on the separate list.
‘‘(K) VACATED UNITS.—Notwithstanding paragraph (9), a
housing assistance payment contract pursuant to this paragraph may provide as follows:

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‘‘(i) PAYMENT FOR VACANT UNITS.—That the public housing agency
may, in its discretion, continue to provide assistance under the contract, for a reasonable period not exceeding 60 days, for a dwelling
unit that becomes vacant, but only (I) if the vacancy was not the
fault of the owner of the dwelling unit, and (II) the agency and
the owner take every reasonable action to minimize the likelihood
and extent of any such vacancy. Rental assistance may not be provided for a vacant unit after the expiration of such period.
‘‘(ii) REDUCTION OF CONTRACT.—That, if despite reasonable efforts
of the agency and the owner to fill a vacant unit, no eligible family
has agreed to rent the unit within 120 days after the owner has
notified the agency of the vacancy, the agency may reduce its housing
assistance payments contract with the owner by the amount equivalent to the remaining months of subsidy attributable to the vacant
unit. Amounts deobligated pursuant to such a contract provision shall
be available to the agency to provide assistance under this subsection.
Eligible applicants for assistance under this subsection may
enforce provisions authorized by this subparagraph.’’.
(b) APPLICABILITY.—In the case of any dwelling unit that, upon
the date of the enactment of this Act, is assisted under a housing
assistance payment contract under section 8(o)(13) of the United
States Housing Act of 1937 (42 U.S.C. 1437f(o)(13)) as in effect before
such enactment, such assistance may be extended or renewed notwithstanding the requirements under subparagraphs (C), (D), and
(E) of such section 8(o)(13), as amended by subsection (a).¿
øDISPOSITION

OF HUD-HELD AND HUD-OWNED MULTIFAMILY PROJECTS
FOR THE ELDERLY OR DISABLED¿

øSEC. 233. Notwithstanding any other provision of law, in managing and disposing of any multifamily property that is owned or
held by the Secretary and is occupied primarily by elderly or disabled
families, the Secretary of Housing and Urban Development shall
maintain any rental assistance payments under section 8 of the
United States Housing Act of 1937 that are attached to any dwelling
units in the property. To the extent the Secretary determines that
such a multifamily property owned or held by the Secretary is not
feasible for continued rental assistance payments under such section
8, the Secretary may, in consultation with the tenants of that property, contract for project-based rental assistance payments with an
owner or owners of other existing housing properties or provide other
rental assistance.¿
øFAMILY

UNIFICATION PROGRAM¿

øSEC. 234. Section 8(x)(2) of the United States Housing Act of
1937 (42 U.S.C 1437f(x)(2)) is amended—
(1) by striking ‘‘any family (A) who is otherwise eligible for such
assistance, and (B)’’ and inserting ‘‘(A) any family (i) who is otherwise eligible for such assistance, and (ii)’’; and
(2) by inserting before the period at the end the following: ‘‘and
(B) for a period not to exceed 18 months, otherwise eligible youths
who have attained at least 18 years of age and not more than
21 years of age and who have left foster care at age 16 or older’’.¿
øPERMANENT

EXTENSION OF FHA MULTIFAMILY MORTGAGE CREDIT
DEMONSTRATIONS¿

øSEC. 235. Section 542 of the Housing and Community Development Act of 1992 (12 U.S.C. 1707 note) is amended—
(1) in subsection (a)—
(A) in the first sentence, by striking ‘‘demonstrate the effectiveness of providing’’ and inserting ‘‘provide’’; and
(B) in the second sentence, by striking ‘‘demonstration’’ and
inserting ‘‘the’’;
(2) in subsection (b)—
(A) in paragraph (1), by striking ‘‘determine the effectiveness
of’’ and inserting ‘‘provide’’; and
(B) by striking paragraph (5), and inserting the following
new paragraph:
‘‘(5) INSURANCE AUTHORITY.—Using any authority provided in appropriation Acts to insure mortgages under the National Housing
Act, the Secretary may enter into commitments under this subsection for risk-sharing units.’’;
(3) in subsection (c)—
(A) in paragraph (1), by striking ‘‘test the effectiveness of’’
and inserting ‘‘provide’’; and
(B) by striking paragraph (4) and inserting the following
new paragraph:
‘‘(4) INSURANCE AUTHORITY.—Using any authority provided in appropriation Acts to insure mortgages under the National Housing

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Act, the Secretary may enter into commitments under this subsection for risk-sharing units.’’;
(4) by striking subsection (d);
(5) by striking ‘‘pilot’’ and ‘‘PILOT’’ each place such terms appear;
and
(6) in the section heading, by striking ‘‘DEMONSTRATIONS’’
and inserting ‘‘PROGRAMS’’.¿
SEC.
204.
MORTGAGE
PROJECTS.

LIMITS

FOR

MULTIFAMILY

(a) SECTION 207 LIMITS.—Section 207(c)(3) of the National Housing
Act (12 U.S.C. 1713(c)(3)) is amended—
(1) by striking ‘‘$30,420’’, ‘‘$33,696’’, ‘‘$40,248’’, ‘‘$49,608’’, and
‘‘$56,160’’ and inserting ‘‘$38,025’’, ‘‘$42,120’’, ‘‘$50,310’’, ‘‘$62,010’’,
and ‘‘$70,200’’, respectively;
(2) by striking ‘‘$9,000’’ and inserting ‘‘$11,250’’; and
(3) by striking ‘‘$35,100’’, ‘‘$39,312’’, ‘‘$48,204’’, ‘‘$60,372’’, and
‘‘$68,262’’ and inserting ‘‘$43,875’’, ‘‘$49,140’’, ‘‘$60,255’’, ‘‘$75,465’’,
and ‘‘$85,328’’, respectively.
(b) SECTION 213 LIMITS.—Section 213(b)(2) of the National Housing
Act (12 U.S.C. 1715e(b)(2)) is amended—
(1) by striking ‘‘$30,420’’, ‘‘$33,696’’, ‘‘$40,248’’, ‘‘$49,608’’, and
‘‘$56,160’’ and inserting ‘‘$38,025’’, ‘‘$42,120’’, ‘‘$50,310’’, ‘‘$62,010’’,
and ‘‘$70,200’’, respectively; and
(2) by striking ‘‘$35,100’’, ‘‘$39,312’’, ‘‘$48,204’’, ‘‘$60,372’’, and
‘‘$68,262’’ and inserting ‘‘$43,875’’, ‘‘$49,140’’, ‘‘$60,255’’, ‘‘$75,465’’,
and ‘‘$85,328’’, respectively.
(c) SECTION 220 LIMITS.—Section 220(d)(3)(B)(iii) of the National
Housing Act (12 U.S.C. 1715k(d)(3)(B)(iii)) is amended—
(1) by striking ‘‘$30,420’’, ‘‘$33,696’’, ‘‘$40,248’’, ‘‘$49,608’’, and
‘‘$56,160’’ and inserting ‘‘$38,025’’, ‘‘$42,120’’, ‘‘$50,310’’, ‘‘$62,010’’,
and ‘‘$70,200’’, respectively; and
(2) by striking ‘‘$35,100’’, ‘‘$39,312’’, ‘‘$48,204’’, ‘‘$60,372’’, and
‘‘$68,262’’ and inserting ‘‘$43,875’’, ‘‘$49,140’’, ‘‘$60,255’’, ‘‘$75,465’’,
and ‘‘$85,328’’, respectively.
(d) SECTION 221(d)(3) LIMITS.—Section 221(d)(3)(ii) of the National
Housing Act (12 U.S.C. 1715l(d)(3)(ii)) is amended—
(1) by striking ‘‘$33,638’’, ‘‘$38,785’’, ‘‘$46,775’’, ‘‘$59,872’’, and
‘‘$66,700’’ and inserting ‘‘$42,048’’, ‘‘$48,481’’, ‘‘58,469’’, ‘‘$74,840’’,
and ‘‘$83,375’’, respectively; and
(2) by striking ‘‘$35,400’’, ‘‘$40,579’’, ‘‘$49,344’’, ‘‘$63,834’’, and
‘‘$70,070’’ and inserting ‘‘$44,250’’, ‘‘$50,724’’, ‘‘$61,680’’, ‘‘$79,793’’,
and ‘‘$87,588’’, respectively.
(e) SECTION 221(d)(4) LIMITS.—Section 221(d)(4)(ii) of the National
Housing Act (12 U.S.C. 1715l(d)(4)(ii)) is amended—
(1) by striking ‘‘$30,274’’, ‘‘$34,363’’, ‘‘$41,536’’, ‘‘$52,135’’, and
‘‘$59,077’’ and inserting ‘‘$37,843’’, ‘‘$42,954’’, ‘‘$51,920’’, ‘‘$65,169’’,
and ‘‘73,846’’, respectively; and
(2) by striking ‘‘$32,701’’, ‘‘$37,487’’, ‘‘$45,583’’, ‘‘$58,968’’, and
‘‘$64,730’’ and inserting ‘‘$40,876’’, ‘‘$46,859’’, ‘‘$56,979’’, ‘‘$73,710’’,
and ‘‘$80,913’’, respectively.
(f) SECTION 231 LIMITS.—Section 231(c)(2) of the National Housing
Act (12 U.S.C. 1715v(c)(2)) is amended—
(1) by striking ‘‘$28,782’’, ‘‘$32,176’’, ‘‘$38,423’’, ‘‘$46,238’’, and
‘‘$54,360’’ and inserting ‘‘$35,978’’, ‘‘40,220’’, ‘‘$48,029’’, ‘‘$57,798’’,
‘‘$67,950’’, respectively; and
(2) by striking ‘‘$32,701’’, ‘‘$37,487’’, ‘‘$45,583’’, ‘‘$58,968’’, and
‘‘$64,730’’ and inserting ‘‘$40,876’’, ‘‘$46,859’’, ‘‘$56,979’’, ‘‘$73,710’’,
and ‘‘80,913’’, respectively.
(g) SECTION 234 LIMITS.—Section 234(e)(3) of the National Housing
Act (12 U.S.C. 1715y(e)(3)) is amended—
(1) by striking ‘‘$30,420’’, ‘‘$33,696’’, ‘‘$40,248’’, ‘‘$49,608’’, and
‘‘$56,160’’ and inserting ‘‘$38,025’’, ‘‘$42,120’’, ‘‘$50,310’’, ‘‘$62,010’’,
and ‘‘$70,200’’, respectively; and
(2) by striking ‘‘$35,100’’, ‘‘$39,312’’, ‘‘$48,204’’, ‘‘$60,372’’, and
‘‘$68,262’’ and inserting ‘‘$43,875’’, ‘‘$49,140’’, ‘‘$60,255’’, ‘‘$75,465’’,
and ‘‘$85,328’’, respectively.
SEC. 205. CLARIFICATION REGARDING MORTGAGE INSURANCE FOR PURCHASE OF EXISTING HEALTH CARE FACILITIES.—Section 223(f)(1) of the National Housing Act is amended
by inserting ‘‘purchase or’’ immediately before ‘‘refinancing of existing
debt’’.
EMERGENCY HOMEOWNERSHIP COUNSELING
SEC. 206. Section 106(c)(9) of the Housing and Urban Development
Act of 1968 is repealed.
FHA INSURANCE FOR HYBRID ARMS
SEC. 207. Section 251 of the National Housing Act is amended—

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(1) in subsection (b), by striking ‘‘issue regulations’’ and all that
follows and inserting the following: ‘‘require that the mortgagee
make available to the mortgagor, at the time of loan application,
a written explanation of the features of an adjustable rate mortgage
consistent with the disclosure requirements applicable to variable
rate mortgages secured by a principal dwelling under the Truth
in Lending Act.’’; and
(2) by adding the following new subsection at the end:
‘‘(d)(1) The Secretary may insure under this subsection a
mortgage that meets the requirements of subsection (a), except
that the effective rate of interest—
‘‘(A) shall be fixed for a period of not less than the first
3 years of the mortgage term;
‘‘(B) shall be adjusted by the mortgagee initially upon the
expiration of such period and annually thereafter; and
‘‘(C) in the case of the initial interest rate adjustment, is
subject to the 1 percent limitation only if the interest rate remained fixed for 5 or fewer years.
‘‘(2) The disclosure required under subsection (b) shall be
required for a mortgage insured under this subsection.
‘‘(3) The Secretary may implement this subsection in advance
of rulemaking.’’.
SEC. 208. MORTGAGE INSURANCE PREMIUMS FOR SECTION 203(k) AND SECTION 234 SINGLE FAMILY PROGRAMS.
(a) RISK-BASED PREMIUMS.—Section 203(c) of the National
Housing Act is amended—
(1) in paragraph (1), by striking ‘‘and (k)’’ and ‘‘or (k)’’; and
(2) in paragraph (2)—
(A) by inserting immediately after ‘‘subsection (v),’’ the following: ‘‘, and each mortgage that is insured under subsection
(k) or section 234(c),’’; and
(B) by striking ‘‘and executed on or after October 1, 1994,’’.
(b) EFFECTIVE DATE.—The amendments made by subsection (a)
shall—
(1) apply only to mortgages that are executed on or after the
date of enactment of this Act or a later date determined by the
Secretary and announced by notice in the Federal Register; and
(2) be implemented in advance of any necessary conforming
changes to regulations.
SEC. 209. STANDARDS AND NEED FOR HOSPITALS WITH
MORTGAGE INSURANCE. Section 242(d)(4) of the National
Housing Act is amended to read as follows:
‘‘(4)(A) The Secretary shall require satisfactory evidence that the
hospital will be located in a State or political subdivision of a State
with reasonable minimum standards of licensure and methods of operation for hospitals and satisfactory assurance that such standards
will be applied and enforced with respect to the hospital.
‘‘(B) The Secretary shall establish the means for determining need
and feasibility for the hospital. If the State has an official procedure
for determining need for hospitals, the Secretary shall also require
that such procedure be followed before the application for insurance
is submitted, and the application shall document that need has also
been established under that procedure.’’.
SEC. 210. STANDARDS AND NEED FOR NURSING HOMES,
INTERMEDIATE CARE FACILITIES, OR COMBINED NURSING HOMES AND INTERMEDIATE CARE FACILITIES WITH
MORTGAGE INSURANCE. Section 232(d)(4)(A) of the National
Housing Act is amended to read as follows:
‘‘(A)(i) The Secretary shall require satisfactory evidence that a nursing home, intermediate care facility, or combined nursing home and
intermediate care facility will be located in a State or political subdivision of a State with reasonable minimum standards of licensure and
methods of operation for such homes, facilities, or combined homes
and facilities. The Secretary shall also require satisfactory assurance
that such standards will be applied and enforced with respect to
the home, facility, or combined home or facility.
‘‘(ii) The Secretary shall establish the means for determining need
and feasibility for the home, facility, or combined home and facility.
If the State has an official procedure for determining need for such
homes, facilities, or combined homes and facilities, the Secretary shall
also require that such procedure be followed before the application
for insurance is submitted, and the application shall document that
need has also been established under that procedure.’’.

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534

MANAGEMENT AND ADMINISTRATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 2002

SEC. 210. STANDARDS AND NEED FOR NURSING HOMES,
INTERMEDIATE CARE FACILITIES, OR COMBINED
NURSING HOMES AND INTERMEDIATE CARE
FACILITIES WITH MORTGAGE INSURANCE. Section
232(d)(4)(A) of the National Housing Act is amended to read as
follows—Continued
REPEAL

SECTION 236(s) LOAN PROGRAM

SEC. 211. (a) Section 236(s) of the National Housing Act (12 U.S.C.
1715z-1(s)) is amended—
(1) in the heading by striking ‘‘AND LOANS’’;
(2) in paragraph (1), by deleting ‘‘and loans’’ after ‘‘grants’’;
(3) in paragraph (2)—
(A) in the matter preceding subparagraph (A), by striking
‘‘or loan’’; and
(B) in subparagraph (E)(i), by striking ‘‘or loan (as appropriate)’’;
(4) in paragraph (3), in the matter that precedes subparagraph
(A), by striking ‘‘or loan’’;
(5) in paragraph (4)—
(A) by striking in the paragraph heading ‘‘AND LOAN’’; and
(B) by deleting ‘‘or loan’’ after ‘‘grant’’, each place it appears;
(6) in paragraph (6), by deleting ‘‘or loan’’ after ‘‘grant’’, each
place it appears;
(7) in paragraph (7), by deleting subparagraph (D); and
(8) by deleting paragraph (5) and redesignating paragraphs (6)
and (7) as (5) and (6).
SEC. 212. AUTHORITY FOR HUD TO TERMINATE MORTGAGEE ORIGINATION APPROVAL FOR POORLY-PERFORMING MORTGAGEES.—Section 533 of the National Housing
Act is amended to read as follows:
‘‘SEC. 533. REVIEW OF MORTGAGEE PERFORMANCE
AND AUTHORITY TO TERMINATE.
‘‘(a) PERIODIC REVIEW OF MORTGAGEE PERFORMANCE.—To reduce losses in connection with single family mortgage insurance
programs under this Act, at least once a year the Secretary
shall review the rate of early defaults and claims for insured
single family mortgages originated or underwritten by each
mortgagee.
‘‘(b) COMPARISON WITH OTHER MORTGAGEES.—For each mortgagee, the Secretary shall compare the rate of early defaults
and claims for insured single family mortgage loans originated
or underwritten by the mortgagee in an area with the rate
of early defaults and claims for other mortgagees originating
or underwriting insured single family mortgage loans in the
area. For purposes of this section, the term ‘‘area’’ means each
geographic area in which the mortgagee is authorized by the
Secretary to originate insured single family mortgages.
‘‘(c) TERMINATION OF MORTGAGEE ORIGINATION APPROVAL.—
(1) Notwithstanding section 202(c) of this Act, the Secretary
may terminate the approval of a mortgagee to originate or underwrite single family mortgages if the Secretary determines
that the mortgage loans originated or underwritten by the mort-

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gagee present an unacceptable risk to the insurance funds. The
determination shall be based on the comparison required under
subsection (b) and shall be made in accordance with regulations
of the Secretary. The Secretary may rely on existing regulations
published before this section takes effect.
‘‘(2) The Secretary shall give a mortgagee at least 60 days
prior written notice of any termination under this subsection.
The termination shall take effect at the end of the notice period,
unless the Secretary withdraws the termination notice or extends the notice period. If requested in writing by the mortgagee
within 30 days of the date of the notice, the mortgagee shall
be entitled to an informal conference with the official authorized
to issue termination notices on behalf of the Secretary (or a
designee of that official). At the informal conference, the mortgagee may present for consideration specific factors that it believes were beyond its control and that caused the excessive
default and claim rate.’’.
SEC. 213. REPEAL OF FEDERALIZATION OF PUBLIC HOUSING UNITS.
(a) Section 9(n)(1) of the United States Housing Act of 1937 is
hereby repealed.
(b) Section 226 of the Departments of Veterans Affairs and Housing
and Urban Development, and Independent Agencies Appropriations
Act, 1999, is hereby repealed.
(c) The amendment made by subsection (a) shall be deemed to
have taken effect on October 1, 1998.
(d) The amendment made by subsection (b) shall be deemed to
have taken effect on October 21, 1998.
AMENDMENT TO DOWNPAYMENT ASSISTANCE
SEC. 214. Section 8(y)(7)(A) of the United States Housing Act of
1937 is amended by striking ‘‘for fiscal year 2000 and each fiscal
year thereafter to the extent provided in advance in appropriations
Acts’’. (Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 2001, as
enacted by section 1(a)(1) of P.L. 106–377.)
GENERAL FUND RECEIPT ACCOUNTS
(in millions of dollars)
2000 actual

Offsetting receipts from the public:
86–271910 FHA-general and special risk, Negative subsidies ..................................................................................
62
86–271930 FHA-general and special risk, Downward reestimates of subsidies ....................................................... ...................
86–274330 Indian housing loan guarantees, downward
reestimates of subsidies .................................................... ...................
General Fund Offsetting receipts from the public .....................

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2001 est.

2002 est.

103

445

304 ...................
6 ...................
413

445

Full text of Budget of the United States Government - Appendix : Fiscal Year 2002 : Department of Housing and Urban Development

FRASER