•HR 5443 IH1S 
ennially by using the average for the calendar 
year that, at the time of such calculation, is the 
most recently completed calendar year for which 
the Secretary determines data is available, sub-
stantially verifiable, and complete. Such leasing 
data shall be adjusted to include vouchers that 
were set aside under a commitment to provide 
project-based 
assistance 
under 
subsection 
(o)(13). 
‘‘(C) MOVING TO WORK.—Notwithstanding 
subparagraphs (A) and (B), each public hous-
ing agency participating at any time in the 
moving to work demonstration under section 
204 of the Departments of Veterans Affairs 
and Housing and Urban Development, and 
Independent Agencies Appropriations Act, 1996 
(42 U.S.C. 1437f note) or in the Moving to 
Work program under section 36 of this Act 
shall be funded pursuant to its agreement 
under such program and shall be subject to any 
pro rata adjustment made under subparagraph 
(D). 
‘‘(D) PRO RATA ALLOCATION.— 
‘‘(i) INSUFFICIENT
FUNDS.—To the 
extent that amounts made available for a 
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•HR 5443 IH1S 
fiscal year are not sufficient to provide 
each public housing agency with the full al-
location for the agency determined pursu-
ant to subparagraphs (A) and (C), the 
Secretary shall reduce such allocation for 
each agency on a pro rata basis, except 
that renewal funding of enhanced vouchers 
under section 8(t) shall not be subject to 
such proration. 
‘‘(ii) EXCESS FUNDS.—To the extent 
that amounts made available for a fiscal 
year exceed the amount necessary to pro-
vide each housing agency with the full allo-
cation for the agency determined pursuant 
to subparagraphs (A) and (C), such excess 
amounts shall be used for the purposes 
specified in subparagraphs (B) and (C) of 
paragraph (4). 
‘‘(3) ADVANCES.— 
‘‘(A) AUTHORITY.—During the last 3 
months of each calendar year, the Secretary 
shall provide amounts to any public housing 
agency, at the request of the agency, in an 
amount up to two percent of the allocation for 
the agency for such calendar year. 
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•HR 5443 IH1S 
‘‘(B) USE.—Amounts advanced under sub-
paragraph (A) may be used to pay for addi-
tional voucher costs, including costs related to 
temporary overleasing. 
‘‘(C) 
REPAYMENT.—Amounts 
advanced 
under subparagraph (A) in a calendar year 
shall be repaid to the Secretary in the subse-
quent calendar year by reducing the amounts 
made available for such agency for such subse-
quent calendar year pursuant to allocation 
under paragraph (2) by an amount equal to the 
amount so advanced to the agency. 
‘‘(4) RECAPTURE.— 
‘‘(A) IN
GENERAL.—The Secretary shall 
recapture, from amounts provided under the 
annual contributions contract for a public hous-
ing agency for a calendar year, all amounts al-
located under paragraph (2) that are unused by 
the agency at the end of each calendar year. 
‘‘(B) REALLOCATION.—Not later than May 
1 of each calendar year, the Secretary shall— 
‘‘(i) calculate the aggregate unused 
amounts for the preceding year recaptured 
pursuant to subparagraph (A); 
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•HR 5443 IH1S 
‘‘(ii) set aside and make available 
such amounts as the Secretary considers 
appropriate to reimburse public housing 
agencies for increased costs related to port-
ability and family self-sufficiency activities 
during such year; and 
‘‘(iii) reallocate all remaining amounts 
among public housing agencies that, in the 
preceding year, used at least 99 percent of 
amounts allocated under paragraph (2) for 
the agency and leased fewer than the num-
ber of vouchers authorized for the agency; 
except that the Secretary may establish 
priority for allocation of such amounts to 
public housing agencies that leased fewer 
vouchers in such preceding year than in 
the 12-month period ending April 1, 2004. 
‘‘(C) USE.—Amounts reallocated to a pub-
lic housing agency pursuant to subparagraph 
(B)(iii) may be used only to increase voucher 
leasing rates to the level authorized for the 
agency.’’. 
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•HR 5443 IH1S 
SEC. 7. SECTION 8 HOMEOWNERSHIP DOWNPAYMENT PRO-
GRAM. 
Section 8(y)(7) of the United States Housing Act of 
1937 (42 U.S.C. 1437f(y)(7)) is amended by striking sub-
paragraph (A) and inserting the following new subpara-
graph: 
‘‘(A) AUTHORITY.—A public housing agen-
cy may, in lieu of providing monthly assistance 
payments under this subsection on behalf of a 
family eligible for such assistance and at the 
discretion of the public housing agency, provide 
assistance for the family in the form of a single 
grant to be used only as a contribution toward 
the downpayment required in connection with 
the purchase of a dwelling.’’. 
Æ 
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