42 U.S.C. § 12856 — Report

Page 8487 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 12870 1 See References in Text note below. 1 See References in Text note below. (4) Single parent The term ‘‘single parent’’ means an indi- vidual who— (A) is unmarried or legally separated from a spouse; and (B)(i) has 1 or more minor children for whom the individual has custody or joint custody; or (ii) is pregnant. (5) State The term ‘‘State’’ means the States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Common- wealth of the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, the Trust Territory of the Pacific Islands, and any other territory or possession of the United States. (6) Trust The term ‘‘Trust’’ means the National Homeownership Trust established in section 12851 of this title. (Pub. L. 101–625, title III, § 305, Nov. 28, 1990, 104 Stat. 4132.) Executive Documents TERMINATION OF TRUST TERRITORY OF THE PACIFIC ISLANDS For termination of Trust Territory of the Pacific Is- lands, see note set out preceding section 1681 of Title 48, Territories and Insular Possessions. § 12855. Regulations The Board of Directors shall issue any regula- tions necessary to carry out this subchapter. (Pub. L. 101–625, title III, § 306, Nov. 28, 1990, 104 Stat. 4133.) § 12856. Report The Board of Directors shall submit to the Congress, not later than the expiration of the 90- day period beginning on the date of the termi- nation of the Trust under section 12859 of this title, a report containing a description of the ac- tivities of the Trust and an analysis of the effec- tiveness of the Trust in assisting first-time homebuyers. (Pub. L. 101–625, title III, § 307, Nov. 28, 1990, 104 Stat. 4133.) § 12857. Authorization of appropriations There are authorized to be appropriated for as- sistance payments under this subchapter $520,665,600 for fiscal year 1993 and $542,533,555 for fiscal year 1994, of which such sums as may be necessary shall be available in each such fiscal year for use under section 12852(e) of this title. Any amount appropriated under this section shall be deposited in the Fund and shall remain available until expended, subject to the provi- sions of section 12858 1 of this title. (Pub. L. 101–625, title III, § 308, Nov. 28, 1990, 104 Stat. 4133; Pub. L. 102–550, title I, § 182(b), Oct. 28, 1992, 106 Stat. 3736.) Editorial Notes REFERENCES IN TEXT Section 12858 of this title, referred to in text, was in the original ‘‘section 311’’, and was translated as read- ing ‘‘section 309’’, meaning section 309 of Pub. L. 101–625, to reflect the probable intent of Congress, be- cause Pub. L. 101–625 does not contain a section 311. AMENDMENTS 1992—Pub. L. 102–550 amended section generally. Prior to amendment, section read as follows: ‘‘There are au- thorized to be appropriated to carry out this sub- chapter $250,000,000 for fiscal year 1991 and $521,500,000 for fiscal year 1992. Any amount appropriated under this section shall be deposited in the Fund and remain available until expended, subject to the provisions of section 12858 of this title.’’ § 12858. Transition (a) Authority of Secretary Upon the termination of the Trust as provided in section 12859 of this title, the Secretary of Housing and Urban Development shall exercise any authority of the Board of Directors and the Trust in accordance with the provisions of this subchapter as may be necessary to provide for the conclusion of the outstanding affairs of the Trust. (b) Applicability of Trust provisions Any assistance under this subchapter shall, after termination of the Trust, be subject to the provisions of this subchapter that would have applied to such assistance if the termination had not occurred. (c) Certification of Fund to Treasury Upon a determination by the Secretary of Housing and Urban Development that the Na- tional Homeownership Trust Fund is no longer necessary, the Secretary shall certify any amounts remaining in the Fund to the Sec- retary of the Treasury and the Secretary of the Treasury shall deposit into the general fund of the Treasury as miscellaneous receipts any amounts remaining in the Fund. (Pub. L. 101–625, title III, § 309, Nov. 28, 1990, 104 Stat. 4133.) § 12859. Termination The Trust shall terminate September 30, 1994. (Pub. L. 101–625, title III, § 310, Nov. 28, 1990, 104 Stat. 4133; Pub. L. 102–550, title I, § 182(a), Oct. 28, 1992, 106 Stat. 3736.) Editorial Notes AMENDMENTS 1992—Pub. L. 102–550 substituted ‘‘September 30, 1994’’ for ‘‘on September 30, 1993’’. SUBCHAPTER IV—HOPE FOR HOMEOWNER- SHIP OF MULTIFAMILY AND SINGLE FAMILY HOMES § 12870. Authorization of appropriations (a) Fiscal year 1993 There are authorized to be appropriated for grants under this title 1 $855,000,000 for fiscal year 1993, of which—