DEPARTMENTS OF VETERANS AFFAIRS AND HOUSING AND URBAN DEVELOPMENT, AND
INDEPENDENT AGENCIES APPROPRIATIONS BILL, 2001
COMMUNITY DEVELOPMENT GRANTS
| Appropriations, 2000 |
$4,781,235,000 |
| Budget estimate, 2001 |
4,900,000,000 |
| House allowance |
4,505,000,000 |
| Committee recommendation |
4,800,000,000 |
PROGRAM DESCRIPTION
Under title I of the Housing and Community Development Act of 1974, as
amended, the Department is authorized to award block grants to units of general
local government and States for the funding of local community development
programs. A wide range of physical, economic, and social development activities
are eligible with spending priorities determined at the local level, but the law
enumerates general objectives which the block grants are designed to fulfill,
including adequate housing, a suitable living environment, and expanded economic
opportunities, principally for persons of low and moderate income. Grant
recipients are required to use at least 70 percent of their block grant funds
for activities that benefit low- and moderate-income persons.
Funds are distributed to eligible recipients for community development
purposes utilizing the higher of two objective formulas, one of which gives
somewhat greater weight to the age of housing stock. Seventy percent of
appropriated funds are distributed to entitlement communities and 30 percent are
distributed to nonentitlement communities after deducting designated amounts for
special purpose grants and Indian tribes. Pursuant to the Cranston-Gonzalez
National Affordable Housing Act, Indian tribes are eligible to receive 1 percent
of the total CDBG appropriation, on a competitive basis.
COMMITTEE RECOMMENDATION
The Committee recommends an appropriation of $4,800,000,000 for the Community
Development Block Grant [CDBG] program in fiscal year 2001. This is a reduction
of $100,000,000 below the budget request for fiscal year 2001, but $19,235,000
above the fiscal year 2000 level.
Set-asides under CDBG include $71,000,000 for native Americans; $3,000,000
for the Housing Assistance Council; $2,200,000 for the National American Indian
Housing Council; $3,000,000 to support Alaska Native-Serving Institutions and
Native Hawaiian-Serving Institutions; $3,000,000 for competitive grants awarded
to Tribal Colleges and Universities to build, expand, renovate, and equip their
facilities; $25,000,000 for the National Community Development Initiative and
$19,500,000 for section 107 grants, including $3,000,000 for community
development work study, $10,000,000 for historically black colleges and
universities, $7,000,000 for insular areas and $6,500,000 for Hispanic-serving
institutions.
In addition, this legislation includes a set-aside of $130,000,000 within the
CDBG program for the Economic Development Initiative (EDI) to finance efforts
that promote economic and social revitalization.
At a minimum, the Secretary is directed to fund the following grants as part
of the economic development initiative:
$500,000 for The Palace Theater for its renovation in Manchester, NH;
$300,000 for the Manchester Historic Association for the restoration of the
Millyard Museum in Manchester, NH;
$500,000 for Lewis and Clark College in Portland, Oregon for construction and
program activities at Bicentennial Hall in Portland, Oregon;
$500,000 for the Portland Oregon Visitors Association for the Pioneer
Courthouse Square Lobby Renovation project in Portland, Oregon;
$1,000,000 for the Community Action Agency of Southern New Mexico, Inc., for
construction of a regional food bank and supporting offices; and
$500,000 for the City of Santa Fe, New Mexico, to construct a permanent site
for the Santa Fe Area Farmers Market at the historic Santa Fe rail yard.
$250,000 for the Boys and Girls Club of Las Cruces, new Mexico to upgrade
existing facilities;
$500,000 for Tatum, New Mexico to replace its community center;
$150,000 for the Bataan Death March Memorial for renovations in Las Cruces,
New Mexico;
$1,000,000 for University of Idaho for the construction of the Center for
Science and Technology in Idaho Falls, Idaho;
$1,000,000 for the City of Salmon, Idaho for land acquisition, construction,
and alteration for the Sacajawea Interpretive, Cultural, and Education Center;
$500,000 for the Clearwater Economic Development Association in Northern
Idaho, for implementation of the Lewis and Clark Bicentennial Plan;
$500,000 for Lewis-Clark State College for start-up activities associated
with the Idaho Virtual Incubator;
$1,200,000 for MSU-Billings for the acquisition of a College of Business
facility to house economic development activities;
$1,000,000 for Billings, Montana for the completion of the Billings depot
project;
$500,000 for the Jefferson County Local Development Corporation in Whitehall,
Montana for economic development activities;
$350,000 for the Human Resources Development council in Bozeman, Montana for
the restoration of a historic property for community services offices;
$300,000 for the City of Columbia falls for the restructuring of the Old Main
Veterans Facility;
$1,500,000 for the City of Memphis for the construction of the Stax Museum of
American Soul Music in Memphis, Tenn;
$1,000,000 for the Detroit Rescue Mission Ministries for the purchase and
renovation of a former Detroit YMCA facility;
$500,000 for Northern Initiatives to capitalize an Upper Peninsula Michigan
Equity Fund to assist in the development of small businesses;
$500,000 for the University of Utah for the planning and design of the Museum
of Science and Nature;
$700,000 for the Covenant House Michigan for the construction costs of a
permanent Rights of Passage facility;
$500,000 for the City of Provo, Utah for the redevelopment of the Ironton
area;
$1,000,000 for West Valley City, Utah for the construction of the West Valley
City Multi-Cultural Community Center.
$500,000 for the Hart Mountain Wyoming foundation for an interactive learning
center in Powell, Wyoming;
$500,000 for the Vermont Rural protection Task force for the purchase of
equipment;
$500,000 for the Southern Vermont Recreation Center foundation in
Springfield, VT;
$500,000 for the Vermont Housing and conservation Board for the development
of affordable housing in Northern Vermont;
$500,000 for Marlboro College for a technology incubator facility in downtown
Brattleboro, VT;
$500,000 for the Vermont Housing and conservation Board for the development
of affordable housing in Williston, VT;
$500,000 for the Town of Hartford, VT for the development of the Railroad Row
Historic District in downtown White River Junction, VT;
$500,000 for Vermont Technical College for economic development in Randolph,
VT;
$250,000 for the Town of Fairfield, VT for the development of the President
Chester A. Arthur visitor facility;
$600,000 for the City of Montrose, Colorado for the development of affordable
low-income housing;
$900,000 for the Trinity Repertory Company in providence, RI for the
conversion of an abandoned banking building;
$300,000 for Upper Darby Township, PA to assist residents with homes that are
sinking due to soil subsidence;
$150,000 for the Urban Redevelopment Authority of Pittsburgh, PA for economic
development on Pittsburgh's North Shore;
$100,000 for the City of Hazleton, PA for economic development and
revitalization activities;
$750,000 for the City of Johnstown, PA for downtown economic development;
$300,000 for the City of Philadelphia, PA to assist in the relocation of
families in the Logan neighborhood whose homes were built on an improperly
filled creek bed;
$500,000 for Ford City, PA for brownfield revitalization;
$300,000 for the City of Chester, PA for the redevelopment of DeShong Park;
$250,000 for Erie, PA for the Discovery Square museum expansion;
$500,000 for the Please Touch Museum in Philadelphia, PA for relocation
costs;
$200,000 for the Boys and Girls Club of Allentown, PA for the Northern Lehigh
Community Center;
$400,000 for Allegheny County, PA for the redevelopment of the
Braddock-Swissvale-Rankin industrial site;
$500,000 for the National Museum for American Jewish History in Philadelphia,
PA for expansion efforts;
$500,000 for the Reading Berks Emergency Shelter in Reading, PA for the
construction of a transitional housing facility for the homeless;
$250,000 for the City of Lancaster, PA for the development of the Lancaster
Square project;
$100,000 for Clarion County, PA for continued development of Liberty Towers
Senior Activities Facility;
$250,000 for the Nueva Esperanza Community Development Corporation in
Philadelphia, PA for economic revitalization of commercial and industrial
facilities;
$200,000 for Light of Life Ministries in Allegheny County, PA for
infrastructure improvements at the Serenity Village homeless program;
$250,000 for Universal Community Homes for economic development activities in
Philadelphia, PA;
$250,000 for the City of Philadelphia to address the safety concerns related
to abandoned and structurally impaired homes
$600,000 for the City of East Providence, RI to develop recreational
facilities at Crescent Park;
$300,000 for the City of State Line, Mississippi for downtown infrastructure
and economic revitalization;
$1,000,000 for the City of Madison, Mississippi for the renovation of the
historic downtown of Madison, Mississippi;
$500,000 for Mississippi State University for the renovation and expansion of
facilities for the Stoneville, Mississippi Research and Education Complex;
$500,000 for the City of Canton for the establishment of a State film
complex;
$2,000,000 for the rehabilitation and restoration of Cain Hall on the campus
of Hinds Community College in Raymond, Mississippi;
$1,200,000 for the City of Bangor, Maine for the installation of steel
bulkheading on the Penobscot River;
$550,000 for Vinalhaven Elder Care Services, Inc. for the development of an
elder care facility;
$500,000 for the City of Dayton, Ohio for the restoration of the Main Street
historic district;
$500,000 for the City of Cincinnati for the expansion of Findlay Market;
$500,000 for Cleveland Tomorrow in Cleveland, Ohio for the restoration of the
Euclid Beach Carousel;
$700,000 for the Cleveland Botanical garden for the development of a glass
house conservatory;
$500,000 for Skagit County for the preservation of farmland in Skagit County,
Washington;
$1,000,000 for the Pacific Science Center in Seattle, Washington to complete
the Mercer Island Slough Environmental Education Center;
$500,000 for the Seattle Art Museum in Seattle, Washington for site
development;
$500,000 for the City of Takoma, Washington for the Downtown Revitalization
and Shelter Improvements program;
$1,000,000 for the City of Lincoln, Nebraska for the construction of the
Northbridge Center for Children and Youth;
$500,000 for the Southwest Border Region Partnership for an assessment of the
border region's future economic health;
$250,000 for the Centro de Salud familiar La Fe in El Paso, Texas for
community outreach activities to assist low-income families;
$1,000,000 for the City of Houston for redevelopment activities within
Freedman's Town;
$250,000 for the Boys and Girls Club of Brownsville, Texas for building
repairs and community services;
$250,000 for the George Gervin Youth center in San Antonio for the
construction of a youth center;
$500,000 for the City of Beaumont, Texas to revitalize the Charlton-Pollard
neighborhood;
$500,000 for the Lubbock Science Spectrum Museum to establish a Brazos River
exhibit;
$500,000 for the Bayfront Arts and Science Park in Corpus Cristi, Texas for
the expansion of the park;
$250,000 for West Texas A&M University to develop an integrated services
center in Amarillo, Texas;
$250,000 for Sam Houston State University for the redevelopment of the Sam
Houston Memorial Museum;
$3,500,000 for the University of Louisville for the expansion of the
university's main library;
$1,000,000 for Oklahoma City, Oklahoma for the Oklahoma City Murrah
Revitalization project;
$1,000,000 for the National Council on Agricultural Life and Labor in Dover,
Delaware for a variety of housing assistance programs;
$1,000,000 for the University of Alabama, Tuscaloosa Alabama for the Gorgas
House Renovation Project;
$100,000 for the Hammoundville Armory in the Town of Valley Head, Valley
Head, Alabama for the renovation of historic facility to enhance economic
development and tourist activity;
$500,000 for Monroeville, Alabama for the Monroe County Courthouse
Restoration Project;
$1,000,000 for the Mobile Public Library, Mobile, Alabama for the renovation
of facilities as part of neighborhood redevelopment project;
$500,000 for the City of LaFayette, (Chambers County) Alabama for the
Chambers County Courthouse Restoration Project;
$100,000 for Union Springs, AL for the rehabilitation of facilities for
downtown restoration/revitalization;
$250,000 for the Mobile Historic Development Commission for the Oakleigh
District Revitalization Project;
$250,000 for the National Community College for the Deaf and Blind in
Talladega Alabama for the renovation of facilities for development of economic
education program;
$500,000 for Tuscaloosa, Alabama for the Tuscaloosa Alberta City Project;
$500,000 for the City of Brundidge, Alabama for the completion of Pike County
Covered Arena;
$500,000 for the City of Mobile, Alabama for the Battlehouse Restoration
Project;
$500,000 for Tennessee Valley Family Services Youth Home in Guntersville,
Alabama for the renovation of facilities for neighborhood economic development;
$700,000 for Kansas State Historical Society for the restoration of the home
of William Allen White;
$1,000,000 for the development of the Life Center at Franklin Pierce College
in Ridge, NH.
$100,000 for the Housing Partnership in Portsmouth, NH to provide below
market rents and to rehabilitate deteriorated buildings;
$400,000 for the Northern Forest Heritage Park in Berlin, NH to develop
facilities;
$3,000,000 for the City of Meridian, Mississippi for the rehabilitation of
the opera house;
$500,000 for Rowan Oak for the restoration of the home of William Faulkner in
Oxford, Mississippi;
$500,000 for the George Ohr museum for the development of an African-American
art center;
$500,000 for Ocean Springs, MS for the restoration of the old high school
administration building;
$500,000 for Mississippi State University School of Architecture in
Starkville, MS for rural revitalization;
$2,500,000 for the University of Alaska for a pilot training simulator;
$450,000 for Bird TLC for the construction of Potter's Marsh Conservation
Center;
$2,000,000 for Catholic Community Services for the reconstruction of a
homeless shelter and to acquire new housing stock for battered women;
$270,000 for the Fairbanks Hospitality House for the purchase and renovation
of an emergency shelter;
$500,000 for Kids are People, Inc for a transitional living program for
homeless youth and an emergency shelter in Wasilla, Alaska;
$3,000,000 for the Alaska Pacific University for the restoration of an
historic property in Anchorage, Alaska;
$250,000 for downtown redevelopment activities in Marceline, Missouri;
$500,000 to the Ozark Action, Inc. of Missouri for low-income rural housing;
$400,000 to Sedalia, Missouri for the Katy Depot Restoration Project;
$200,000 for the Bond Family Housing Center in St. Louis, Missouri for the
Transitional Housing Program;
$2,000,000 for the Community Development Corporation of Kansas City and
Health Midwest Partners for Change for the revitalization initiative on the
northwest corner of 63rd Street and Prospect Avenue;
$2,000,000 for the Missouri Botanical Gardens for development and
revitalization activities associated with McRee Town;
$1,000,000 for Arkansas State University at Mountain Home, Arkansas for the
construction of a multipurpose auditorium;
$1,000,000 for the construction of the sexually Transmitted Disease and HIV
Prevention and Research Center in Marion County, Indiana.
$670,000 to the City of Spartanburg, South Carolina for Arkwright/Forest Park
revitalization;
$670,000 to the South Carolina Association of Community Development
Corporations in Charleston, SC for job creation, small business development and
quality of life improvements within the State of South Carolina;
$660,000 to the University of South Carolina in Columbia, South Carolina to
enlarge the main building at the University of South Carolina School of Public
Health;
$500,000 to Helping Hands Hawaii in Honolulu, Hawaii for community based
activities including the delivery of goods and services to Hawaii's needy;
$750,000 to Waipahu Community Association in Waipahu, Hawaii for renovations
and the establishment of a Waipahu festival market fair;
$500,000 to the Kauai Economic Development Board in Lihue, Hawaii for site
acquisition, design, construction and equipment for the West Kauai Technology
Center;
$250,000 to the Maui Academy of Performing Arts in Puunene, Hawaii for the
acquisition and renovation of the facility;
$250,000 to the Homestake Opera House in Lead, South Dakota for renovation of
the interior of the Homestake Opera House;
$250,000 to Cedar Youth Services in Lincoln, Nebraska to complete
construction of the Northbridge Center for Children and Youth;
$500,000 for the Lowell Cultural and Performing Arts Downtown Initiative in
Lowell, Massachusetts for development of the site for the Lowell Performing Arts
Center;
$500,000 to the City of Boston, Massachusetts for its Main Streets Program;
$325,000 to the City of Racine, Wisconsin for construction of the Racine Root
River Pathway;
$300,000 to the City of Beloit, Wisconsin for the Beloit urban renewal
project;
$300,000 to the Historic Third Ward Association in Milwaukee, Wisconsin to
establish a public market;
$250,000 to Jentry-McDonald Corporation in Baltimore, Maryland for capital
improvements to the Jentry-McDonald House;
$250,000 to the City of Takoma Park, Maryland for the construction of the
Takoma Park Computer Center;
$250,000 to Montgomery County, Maryland for costs associated with the Wheaton
Small Business Technology Center;
$250,000 for the Central Montana Foundation to upgrade, install technology,
and facilitate occupancy of One Stop Center in Lewistown, MT;
$250,000 to the City of Indianapolis, Indiana for infrastructure needs in the
King Park homeownership zone;
$1,000,000 to the City of Belen, New Mexico for construction of a community
center;
$350,000 for Rio Arriba County, NM for an environmental impact statement;
$150,000 for Cochita Pueblo, NM for the construction of a community center;
$450,000 to the City of San Francisco, California for preservation and
restoration of the Old Mint;
$500,000 to Booker T. Washington Outreach, Inc. in Monroe, Louisiana for
construction of an Elderly Living Center;
$2,400,000 to Wheeling Jesuit University in Wheeling, West Virginia for
construction of a science/computer center;
$1,800,000 to the city of Hinton, West Virginia for construction of a High
Technology office building and small business incubator;
$250,000 to the Tubman African American Museum in Macon, Georgia for
construction of the Tubman African American Museum;
$250,000 to the Lemmon Area Charitable and Economic Development Corporation
in Lemmon, South Dakota for economic development activities;
$750,000 to the City of Fresno, California for the development of the Fresno
Community Health Center Regional Medical Center;
$250,000 to the City of Inglewood, California for the Market Street Senior
Center;
$100,000 to the Mathilda Geppert Childcare Center in Vermillion, South Dakota
for development of a child day care center;
$75,000 to the City of Clark, South Dakota for construction of a community
childcare facility;
$300,000 to the City of Brandon, South Dakota to construct a community
library;
$1,500,000 to the City of Aberdeen, South Dakota for construction of a
community center;
$500,000 to the Sioux Falls Empire Fair Association in Sioux Falls, South
Dakota for infrastructure improvements to the W.H. Lyons Fairgrounds;
$250,000 to the City of Redfield, South Dakota for infrastructure improvement
at its industrial park;
$250,000 to Fairfield University in Fairfield, Connecticut for continued
construction of an Information Technology Center;
$250,000 to Prince George's County, Maryland for the Prince George's County
Technology Commercialization Center;
$100,000 to the American Visionary Arts Museum in Baltimore, Maryland for
expansion of the museum;
$1,500,000 to the Discovery Center in Williston, North Dakota for
construction of a visitor center and reconstruction of former barracks at Fort
Buford State Historic Site;
$250,000 to the Rural Economic Area Partnership Zones in North Dakota;
$250,000 to North Dakota State University in Fargo, North Dakota for
development of a campus-based technology park;
$500,000 to the City of Taylorsville, Illinois for an emergency services
center;
$1,000,000 to Loyola University in Chicago, Illinois for development of a
life sciences center;
$200,000 to the Merit Music Program in Chicago, Illinois to expand Project
BEGIN;
$400,000 to the City of Freeport, Illinois for Brownfields cleanup;
$100,000 to the City of Benton, Illinois for streetscape and beautification
of downtown Benton;
$250,000 to the City of Charlotte, North Carolina for economic development
activities within Charlotte's Wilkinson Boulevard Corridor;
$250,000 to the Museum of Latin American Art in Long Beach, California to
expand and upgrade existing facilities;
$250,000 to FAME Renaissance in Los Angeles, California to continue work on a
small business incubator;
$250,000 to the City of San Francisco, CA for a homeless housing initiative;
$250,000 to West River Foundation in South Dakota;
$100,000 to the South Dakota Housing Development Authority in Pierre, South
Dakota for housing development;
$250,000 to Barry University in Miami Shores, Florida for an Intercultural
Community Center;
$500,000 to the City of Waterloo, Iowa for the redevelopment of blighted
portions of the downtown area;
$1,800,000 to Comprehensive Housing Assistance, Inc., in Baltimore, Maryland
for renovations to the Concord Apartments;
$250,000 to Patterson Park Development Corporation for the purchase and
rehabilitation of homes in the Patterson Park neighborhood;
$500,000 to the City of Davenport, Iowa for development of Friendly House;
$500,000 to the City of Council Bluffs, Iowa for land purchase and
construction of an elderly community center;
$500,000 to the City of Des Moines, Iowa for planning of the redevelopment of
the Riverpoint area;
$1,190,000 to City of Milwaukee, Wisconsin for revitalization of Menomonee
Valley industrial area;
$10,000 to LaCrosse County, Wisconsin for economic development information
centers;
$450,000 to Biomedical Research Foundation of Northwest Louisiana,
Shreveport, Louisiana for infrastructure improvements to InterTech Park and
construction of a Cleanroom Biotechnology Incubator;
$1,000,000 to University Heights Science Park, Newark, New Jersey for
University Heights Science Park's Newark Digital Century Center;
$500,000 to City of Woodbury, New Jersey for downtown economic development
activities;
$500,000 to Bayshore Economic Development Corporation for development of the
Henry Hudson Trail;
$400,000 for Sheperd College in Sheperdstown, West Virginia for renovation of
Scarborough Library;
$400,000 for Bethany College in Bethany, West Virginia for continued work on
a health and wellness center;
$250,000 to Town of Millville, New Jersey for development of the Glasstown
Center project;
$400,000 to City of Burlington, Vermont for Firehouse Center;
$400,000 to City of Montpelier, Vermont for Pyralisk Arts Center;
$200,000 to Vermont Youth Orchestra Association, Colchester, Vermont for
rehabilitation of the Fort Ethan Allen Riding Hall;
$250,000 to Kellogg-Hubbard Library, Montpelier, Vermont for restoration of
historic library and addition to the children's library;
$750,000 to Vermont Housing and Conservation Board in Brattleboro, Vermont
for rehabilitation of the Westgate apartments;
$250,000 to City of Detroit, Michigan for development of a pedestrian
friendly Promenade along the Detroit River;
$250,000 to Bushnell Theatre, Hartford, Connecticut for final completion of
renovation;
$225,000 to Boys and Girls Club of Drew County, Arkansas for construction of
general purpose facility;
$225,000 to the Boys and Girls Club of McGhee, AR for the construction of a
facility;
$250,000 to the City of Santa Ana, California for the IDEA high-tech
education center;
$250,000 to the Tri-States River heritage Foundation in Kennewick, Washington
for an analysis of the new economic development opportunities related to the
Hanford Reach National Monument;
$250,000 to Frank Lloyd Wright Darwin Martin House, Buffalo, New York for
restoration work;
$1,750,000 to Washington State Department of Community Development to address
farmworker housing issues in the State;
$250,000 to Trinity Repertory Pell-Chafee Theatre, Providence, Rhode Island
for theater expansion and operations;
$1,250,000 to City of Henderson, Nevada for downtown redevelopment and
infrastructure upgrade;
$250,000 to Opportunity Village Foundation, Las Vegas, Nevada for start-up
funding for downpayment assistance program to disabled;
$500,000 to Boys and Girls Club of Las Vegas, Nevada for the renovation and
expansion of existing facilities;
$750,000 to Henry and Martinsville Counties, Virginia for economic
development activities;
$250,000 to Bayview Citizens for Social Justice and the Northampton-Accomack
Planning District Commission to support economic development projects on the
Eastern Shore of Virginia;
$250,000 to Monroe Community College, Rochester, New York to establish a
Virtual Campus Center;
$1,000,000 City of Wildwood, New Jersey for revitalization of the Pacific
Avenue Business District;
$250,000 for the West Virginia School of Osteopathic Medicine in Lewisburg,
West Virginia for expansion of the ambulatory care facility;
$250,000 to Northeast Ventures Corporation, Duluth, Minnesota to provide
capital support for micro enterprise in Northeast Minnesota;
$250,000 to City of Portland, Oregon for the Portland-Vancouver Regional
Housing Affordability Pilot Program;
$400,000 to Prince George's County, Maryland for architecture, design and
engineering work for redevelopment of McGuire House;
$250,000 to Howard County, Maryland for renovations to Route 1.
For each of the aforementioned EDI grants, HUD shall conduct a close-out
review of each grant within 5 years to ensure the funds are used for the purpose
specified. Any grants not obligated within 5 years shall be rescinded and
reallocated within the next round of CDBG funds.
In addition, HUD is required to report on all projects funded under any EDI
grants awarded independently by HUD, identifying the purpose of the project, the
funding structure of the project, the economic impact and social utility of the
project, and the lessons learned from the project that can be applied as a model
throughout the country.
The Committee includes $60,000,000 for the Youthbuild program, of which
$10,000,000 is for capacity building and new programs in underserved and rural
areas. In addition, $4,000,000 is set-aside for capacity building by Youthbuild
USA.
The Committee has included up to $55,000,000 for supportive service
contracts, a critical activity.
In addition, $29,000,000 is provided for the cost of guaranteed loans, as
authorized under section 108 of the Housing and Community Development Act of
1974, to subsidize a total loan principal not to exceed $1,261,000,000.