H. R. 2471—707 
low-income and very low-income use restrictions if any, associated 
with one or more multifamily housing project or projects to another 
multifamily housing project or projects. 
(b) PHASED TRANSFERS.—Transfers of project-based assistance 
under this section may be done in phases to accommodate the 
financing and other requirements related to rehabilitating or con-
structing the project or projects to which the assistance is trans-
ferred, to ensure that such project or projects meet the standards 
under subsection (c). 
(c) The transfer authorized in subsection (a) is subject to the 
following conditions: 
(1) NUMBER AND BEDROOM SIZE OF UNITS.— 
(A) For occupied units in the transferring project: The 
number of low-income and very low-income units and the 
configuration (i.e., bedroom size) provided by the transfer-
ring project shall be no less than when transferred to 
the receiving project or projects and the net dollar amount 
of Federal assistance provided to the transferring project 
shall remain the same in the receiving project or projects. 
(B) For unoccupied units in the transferring project: 
The Secretary may authorize a reduction in the number 
of dwelling units in the receiving project or projects to 
allow for a reconfiguration of bedroom sizes to meet current 
market demands, as determined by the Secretary and pro-
vided there is no increase in the project-based assistance 
budget authority. 
(2) The transferring project shall, as determined by the 
Secretary, be either physically obsolete or economically non-
viable, or be reasonably expected to become economically non-
viable when complying with state or Federal requirements for 
community integration and reduced concentration of individuals 
with disabilities. 
(3) The receiving project or projects shall meet or exceed 
applicable physical standards established by the Secretary. 
(4) The owner or mortgagor of the transferring project 
shall notify and consult with the tenants residing in the 
transferring project and provide a certification of approval by 
all appropriate local governmental officials. 
(5) The tenants of the transferring project who remain 
eligible for assistance to be provided by the receiving project 
or projects shall not be required to vacate their units in the 
transferring project or projects until new units in the receiving 
project are available for occupancy. 
(6) The Secretary determines that this transfer is in the 
best interest of the tenants. 
(7) If either the transferring project or the receiving project 
or projects meets the condition specified in subsection (d)(2)(A), 
any lien on the receiving project resulting from additional 
financing obtained by the owner shall be subordinate to any 
FHA-insured mortgage lien transferred to, or placed on, such 
project by the Secretary, except that the Secretary may waive 
this requirement upon determination that such a waiver is 
necessary to facilitate the financing of acquisition, construction, 
and/or rehabilitation of the receiving project or projects. 
(8) If the transferring project meets the requirements of 
subsection (d)(2), the owner or mortgagor of the receiving 
project or projects shall execute and record either a continuation
H. R. 2471—708 
of the existing use agreement or a new use agreement for 
the project where, in either case, any use restrictions in such 
agreement are of no lesser duration than the existing use 
restrictions. 
(9) The transfer does not increase the cost (as defined 
in section 502 of the Congressional Budget Act of 1974 (2 
U.S.C. 661a)) of any FHA-insured mortgage, except to the 
extent that appropriations are provided in advance for the 
amount of any such increased cost. 
(d) For purposes of this section— 
(1) the terms ‘‘low-income’’ and ‘‘very low-income’’ shall 
have the meanings provided by the statute and/or regulations 
governing the program under which the project is insured or 
assisted; 
(2) the term ‘‘multifamily housing project’’ means housing 
that meets one of the following conditions— 
(A) housing that is subject to a mortgage insured under 
the National Housing Act; 
(B) housing that has project-based assistance attached 
to the structure including projects undergoing mark to 
market debt restructuring under the Multifamily Assisted 
Housing Reform and Affordability Housing Act; 
(C) housing that is assisted under section 202 of the 
Housing Act of 1959 (12 U.S.C. 1701q); 
(D) housing that is assisted under section 202 of the 
Housing Act of 1959 (12 U.S.C. 1701q), as such section 
existed before the enactment of the Cranston-Gonzales 
National Affordable Housing Act; 
(E) housing that is assisted under section 811 of the 
Cranston-Gonzales National Affordable Housing Act (42 
U.S.C. 8013); or 
(F) housing or vacant land that is subject to a use 
agreement; 
(3) the term ‘‘project-based assistance’’ means— 
(A) assistance provided under section 8(b) of the United 
States Housing Act of 1937 (42 U.S.C. 1437f(b)); 
(B) assistance for housing constructed or substantially 
rehabilitated pursuant to assistance provided under section 
8(b)(2) of such Act (as such section existed immediately 
before October 1, 1983); 
(C) rent supplement payments under section 101 of 
the Housing and Urban Development Act of 1965 (12 U.S.C. 
1701s); 
(D) interest reduction payments under section 236 and/ 
or additional assistance payments under section 236(f)(2) 
of the National Housing Act (12 U.S.C. 1715z–1); 
(E) assistance payments made under section 202(c)(2) 
of the Housing Act of 1959 (12 U.S.C. 1701q(c)(2)); and 
(F) assistance payments made under section 811(d)(2) 
of the Cranston-Gonzalez National Affordable Housing Act 
(42 U.S.C. 8013(d)(2)); 
(4) the term ‘‘receiving project or projects’’ means the multi-
family housing project or projects to which some or all of 
the project-based assistance, debt, and statutorily required low- 
income and very low-income use restrictions are to be trans-
ferred;
H. R. 2471—709 
(5) the term ‘‘transferring project’’ means the multifamily 
housing project which is transferring some or all of the project- 
based assistance, debt, and the statutorily required low-income 
and very low-income use restrictions to the receiving project 
or projects; and 
(6) the term ‘‘Secretary’’ means the Secretary of Housing 
and Urban Development. 
(e) RESEARCH REPORT.—The Secretary shall conduct an evalua-
tion of the transfer authority under this section, including the 
effect of such transfers on the operational efficiency, contract rents, 
physical and financial conditions, and long-term preservation of 
the affected properties. 
SEC. 210. (a) No assistance shall be provided under section 
8 of the United States Housing Act of 1937 (42 U.S.C. 1437f) 
to any individual who— 
(1) is enrolled as a student at an institution of higher 
education (as defined under section 102 of the Higher Education 
Act of 1965 (20 U.S.C. 1002)); 
(2) is under 24 years of age; 
(3) is not a veteran; 
(4) is unmarried; 
(5) does not have a dependent child; 
(6) is not a person with disabilities, as such term is defined 
in section 3(b)(3)(E) of the United States Housing Act of 1937 
(42 U.S.C. 1437a(b)(3)(E)) and was not receiving assistance 
under such section 8 as of November 30, 2005; 
(7) is not a youth who left foster care at age 14 or older 
and is at risk of becoming homeless; and 
(8) is not otherwise individually eligible, or has parents 
who, individually or jointly, are not eligible, to receive assist-
ance under section 8 of the United States Housing Act of 
1937 (42 U.S.C. 1437f). 
(b) For purposes of determining the eligibility of a person 
to receive assistance under section 8 of the United States Housing 
Act of 1937 (42 U.S.C. 1437f), any financial assistance (in excess 
of amounts received for tuition and any other required fees and 
charges) that an individual receives under the Higher Education 
Act of 1965 (20 U.S.C. 1001 et seq.), from private sources, or 
from an institution of higher education (as defined under section 
102 of the Higher Education Act of 1965 (20 U.S.C. 1002)), shall 
be considered income to that individual, except for a person over 
the age of 23 with dependent children. 
SEC. 211. The funds made available for Native Alaskans under 
paragraph (1) under the heading ‘‘Native American Programs’’ in 
title II of this Act shall be allocated to the same Native Alaskan 
housing block grant recipients that received funds in fiscal year 
2005, and only such recipients shall be eligible to apply for funds 
made available under paragraph (2) of such heading. 
SEC. 212. Notwithstanding any other provision of law, in fiscal 
year 2022, in managing and disposing of any multifamily property 
that is owned or has a mortgage held by the Secretary of Housing 
and Urban Development, and during the process of foreclosure 
on any property with a contract for rental assistance payments 
under section 8 of the United States Housing Act of 1937 (42 
U.S.C. 1437f) or any other Federal programs, the Secretary shall 
maintain any rental assistance payments under section 8 of the 
United States Housing Act of 1937 and other programs that are
H. R. 2471—710 
attached to any dwelling units in the property. To the extent 
the Secretary determines, in consultation with the tenants and 
the local government that such a multifamily property owned or 
having a mortgage held by the Secretary is not feasible for continued 
rental assistance payments under such section 8 or other programs, 
based on consideration of (1) the costs of rehabilitating and oper-
ating the property and all available Federal, State, and local 
resources, including rent adjustments under section 524 of the 
Multifamily Assisted Housing Reform and Affordability Act of 1997 
(in this section ‘‘MAHRAA’’) (42 U.S.C. 1437f note), and (2) environ-
mental conditions that cannot be remedied in a cost-effective 
fashion, 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. The Secretary shall also take 
appropriate steps to ensure that project-based contracts remain 
in effect prior to foreclosure, subject to the exercise of contractual 
abatement remedies to assist relocation of tenants for imminent 
major threats to health and safety after written notice to and 
informed consent of the affected tenants and use of other available 
remedies, such as partial abatements or receivership. After disposi-
tion of any multifamily property described in this section, the con-
tract and allowable rent levels on such properties shall be subject 
to the requirements under section 524 of MAHRAA. 
SEC. 213. Public housing agencies that own and operate 400 
or fewer public housing units may elect to be exempt from any 
asset management requirement imposed by the Secretary in connec-
tion with the operating fund rule: Provided, That an agency seeking 
a discontinuance of a reduction of subsidy under the operating 
fund formula shall not be exempt from asset management require-
ments. 
SEC. 214. With respect to the use of amounts provided in 
this Act and in future Acts for the operation, capital improvement, 
and management of public housing as authorized by sections 9(d) 
and 9(e) of the United States Housing Act of 1937 (42 U.S.C. 
1437g(d),(e)), the Secretary shall not impose any requirement or 
guideline relating to asset management that restricts or limits 
in any way the use of capital funds for central office costs pursuant 
to paragraph (1) or (2) of section 9(g) of the United States Housing 
Act of 1937 (42 U.S.C. 1437g(g)(1), (2)): Provided, That a public 
housing agency may not use capital funds authorized under section 
9(d) for activities that are eligible under section 9(e) for assistance 
with amounts from the operating fund in excess of the amounts 
permitted under paragraph (1) or (2) of section 9(g). 
SEC. 215. No official or employee of the Department of Housing 
and Urban Development shall be designated as an allotment holder 
unless the Office of the Chief Financial Officer has determined 
that such allotment holder has implemented an adequate system 
of funds control and has received training in funds control proce-
dures and directives. The Chief Financial Officer shall ensure that 
there is a trained allotment holder for each HUD appropriation 
under the accounts ‘‘Executive Offices’’, ‘‘Administrative Support 
Offices’’, ‘‘Program Offices’’, ‘‘Government National Mortgage 
Association—Guarantees of Mortgage-Backed Securities Loan Guar-
antee Program Account’’, and ‘‘Office of Inspector General’’ within 
the Department of Housing and Urban Development.
H. R. 2471—711 
SEC. 216. The Secretary shall, for fiscal year 2022, notify the 
public through the Federal Register and other means, as determined 
appropriate, of the issuance of a notice of the availability of assist-
ance or notice of funding opportunity (NOFO) for any program 
or discretionary fund administered by the Secretary that is to 
be competitively awarded. Notwithstanding any other provision of 
law, for fiscal year 2022, the Secretary may make the NOFO avail-
able only on the Internet at the appropriate Government website 
or through other electronic media, as determined by the Secretary. 
SEC. 217. Payment of attorney fees in program-related litigation 
shall be paid from the individual program office and Office of 
General Counsel salaries and expenses appropriations. 
SEC. 218. The Secretary is authorized to transfer up to 10 
percent or $5,000,000, whichever is less, of funds appropriated 
for any office under the headings ‘‘Administrative Support Offices’’ 
or ‘‘Program Offices’’ to any other such office under such headings: 
Provided, That no appropriation for any such office under such 
headings shall be increased or decreased by more than 10 percent 
or $5,000,000, whichever is less, without prior written approval 
of the House and Senate Committees on Appropriations: Provided 
further, That the Secretary shall provide notification to such 
Committees 3 business days in advance of any such transfers under 
this section up to 10 percent or $5,000,000, whichever is less. 
SEC. 219. (a) Any entity receiving housing assistance payments 
shall maintain decent, safe, and sanitary conditions, as determined 
by the Secretary, and comply with any standards under applicable 
State or local laws, rules, ordinances, or regulations relating to 
the physical condition of any property covered under a housing 
assistance payment contract. 
(b) The Secretary shall take action under subsection (c) when 
a multifamily housing project with a contract under section 8 of 
the United States Housing Act of 1937 (42 U.S.C. 1437f) or a 
contract for similar project-based assistance— 
(1) receives a Uniform Physical Condition Standards 
(UPCS) score of 60 or less; or 
(2) fails to certify in writing to the Secretary within 3 
days that all Exigent Health and Safety deficiencies identified 
by the inspector at the project have been corrected. 
Such requirements shall apply to insured and noninsured 
projects with assistance attached to the units under section 8 of 
the United States Housing Act of 1937 (42 U.S.C. 1437f), but 
shall not apply to such units assisted under section 8(o)(13) of 
such Act (42 U.S.C. 1437f(o)(13)) or to public housing units assisted 
with capital or operating funds under section 9 of the United 
States Housing Act of 1937 (42 U.S.C. 1437g). 
(c)(1) Within 15 days of the issuance of the Real Estate Assess-
ment Center (‘‘REAC’’) inspection, the Secretary shall provide the 
owner with a Notice of Default with a specified timetable, deter-
mined by the Secretary, for correcting all deficiencies. The Secretary 
shall provide a copy of the Notice of Default to the tenants, the 
local government, any mortgagees, and any contract administrator. 
If the owner’s appeal results in a UPCS score of 60 or above, 
the Secretary may withdraw the Notice of Default. 
(2) At the end of the time period for correcting all deficiencies 
specified in the Notice of Default, if the owner fails to fully correct 
such deficiencies, the Secretary may—
H. R. 2471—712 
(A) require immediate replacement of project management 
with a management agent approved by the Secretary; 
(B) impose civil money penalties, which shall be used solely 
for the purpose of supporting safe and sanitary conditions at 
applicable properties, as designated by the Secretary, with pri-
ority given to the tenants of the property affected by the pen-
alty; 
(C) abate the section 8 contract, including partial abate-
ment, as determined by the Secretary, until all deficiencies 
have been corrected; 
(D) pursue transfer of the project to an owner, approved 
by the Secretary under established procedures, who will be 
obligated to promptly make all required repairs and to accept 
renewal of the assistance contract if such renewal is offered; 
(E) transfer the existing section 8 contract to another 
project or projects and owner or owners; 
(F) pursue exclusionary sanctions, including suspensions 
or debarments from Federal programs; 
(G) seek judicial appointment of a receiver to manage the 
property and cure all project deficiencies or seek a judicial 
order of specific performance requiring the owner to cure all 
project deficiencies; 
(H) work with the owner, lender, or other related party 
to stabilize the property in an attempt to preserve the property 
through compliance, transfer of ownership, or an infusion of 
capital provided by a third-party that requires time to effec-
tuate; or 
(I) take any other regulatory or contractual remedies avail-
able as deemed necessary and appropriate by the Secretary. 
(d) The Secretary shall take appropriate steps to ensure that 
project-based contracts remain in effect, subject to the exercise 
of contractual abatement remedies to assist relocation of tenants 
for major threats to health and safety after written notice to the 
affected tenants. To the extent the Secretary determines, in con-
sultation with the tenants and the local government, that the 
property is not feasible for continued rental assistance payments 
under such section 8 or other programs, based on consideration 
of— 
(1) the costs of rehabilitating and operating the property 
and all available Federal, State, and local resources, including 
rent adjustments under section 524 of the Multifamily Assisted 
Housing Reform and Affordability Act of 1997 (‘‘MAHRAA’’); 
and 
(2) environmental conditions that cannot be remedied in 
a cost-effective fashion, the Secretary may contract for project- 
based rental assistance payments with an owner or owners 
of other existing housing properties, or provide other rental 
assistance. 
(e) The Secretary shall report semi-annually on all properties 
covered by this section that are assessed through the Real Estate 
Assessment Center and have UPCS physical inspection scores of 
less than 60 or have received an unsatisfactory management and 
occupancy review within the past 36 months. The report shall 
include— 
(1) identification of the enforcement actions being taken 
to address such conditions, including imposition of civil money
H. R. 2471—713 
penalties and termination of subsidies, and identification of 
properties that have such conditions multiple times; 
(2) identification of actions that the Department of Housing 
and Urban Development is taking to protect tenants of such 
identified properties; and 
(3) any administrative or legislative recommendations to 
further improve the living conditions at properties covered 
under a housing assistance payment contract. 
The first report shall be submitted to the Senate and House 
Committees on Appropriations not later than 30 days after the 
enactment of this Act, and the second report shall be submitted 
within 180 days of the transmittal of the first report. 
SEC. 220. None of the funds made available by this Act, or 
any other Act, for purposes authorized under section 8 (only with 
respect to the tenant-based rental assistance program) and section 
9 of the United States Housing Act of 1937 (42 U.S.C. 1437 et 
seq.), may be used by any public housing agency for any amount 
of salary, including bonuses, for the chief executive officer of which, 
or any other official or employee of which, that exceeds the annual 
rate of basic pay payable for a position at level IV of the Executive 
Schedule at any time during any public housing agency fiscal year 
2022. 
SEC. 221. None of the funds made available by this Act and 
provided to the Department of Housing and Urban Development 
may be used to make a grant award unless the Secretary notifies 
the House and Senate Committees on Appropriations not less than 
3 full business days before any project, State, locality, housing 
authority, Tribe, nonprofit organization, or other entity selected 
to receive a grant award is announced by the Department or its 
offices. 
SEC. 222. None of the funds made available in this Act shall 
be used by the Federal Housing Administration, the Government 
National Mortgage Association, or the Department of Housing and 
Urban Development to insure, securitize, or establish a Federal 
guarantee of any mortgage or mortgage backed security that 
refinances or otherwise replaces a mortgage that has been subject 
to eminent domain condemnation or seizure, by a State, munici-
pality, or any other political subdivision of a State. 
SEC. 223. None of the funds made available by this Act may 
be used to terminate the status of a unit of general local government 
as a metropolitan city (as defined in section 102 of the Housing 
and Community Development Act of 1974 (42 U.S.C. 5302)) with 
respect to grants under section 106 of such Act (42 U.S.C. 5306). 
SEC. 224. Amounts made available by this Act that are appro-
priated, allocated, advanced on a reimbursable basis, or transferred 
to the Office of Policy Development and Research of the Department 
of Housing and Urban Development and functions thereof, for 
research, evaluation, or statistical purposes, and that are unex-
pended at the time of completion of a contract, grant, or cooperative 
agreement, may be deobligated and shall immediately become avail-
able and may be reobligated in that fiscal year or the subsequent 
fiscal year for the research, evaluation, or statistical purposes for 
which the amounts are made available to that Office subject to 
reprogramming requirements in section 405 of this Act. 
SEC. 225. None of the funds provided in this Act or any other 
Act may be used for awards, including performance, special act, 
or spot, for any employee of the Department of Housing and Urban
H. R. 2471—714 
Development subject to administrative discipline (including suspen-
sion from work), in this fiscal year, but this prohibition shall not 
be effective prior to the effective date of any such administrative 
discipline or after any final decision over-turning such discipline. 
SEC. 226. With respect to grant amounts awarded under the 
heading ‘‘Homeless Assistance Grants’’ for fiscal years 2015 through 
2022 for the Continuum of Care (CoC) program as authorized 
under subtitle C of title IV of the McKinney-Vento Homeless Assist-
ance Act, costs paid by program income of grant recipients may 
count toward meeting the recipient’s matching requirements, pro-
vided the costs are eligible CoC costs that supplement the recipient’s 
CoC program. 
SEC. 227. (a) From amounts made available under this title 
under the heading ‘‘Homeless Assistance Grants’’, the Secretary 
may award 1-year transition grants to recipients of funds for activi-
ties under subtitle C of the McKinney-Vento Homeless Assistance 
Act (42 U.S.C. 11381 et seq.) to transition from one Continuum 
of Care program component to another. 
(b) In order to be eligible to receive a transition grant, the 
funding recipient must have the consent of the continuum of care 
and meet standards determined by the Secretary. 
SEC. 228. The Promise Zone designations and Promise Zone 
Designation Agreements entered into pursuant to such designations, 
made by the Secretary in prior fiscal years, shall remain in effect 
in accordance with the terms and conditions of such agreements. 
SEC. 229. None of the funds made available by this Act may 
be used to establish and apply review criteria, including rating 
factors or preference points, for participation in or coordination 
with EnVision Centers, in the evaluation, selection, and award 
of any funds made available and requiring competitive selection 
under this Act, except with respect to any such funds otherwise 
authorized for EnVision Center purposes under this Act. 
SEC. 230. None of the amounts made available in this Act 
may be used to consider Family Self-Sufficiency performance meas-
ures or performance scores in determining funding awards for pro-
grams receiving Family Self-Sufficiency program coordinator 
funding provided in this Act. 
SEC. 231. Any public housing agency designated as a Moving 
to Work agency pursuant to section 239 of division L of Public 
Law 114–113 (42 U.S.C. 1437f note; 129 Stat. 2897) may, upon 
such designation, use funds (except for special purpose funding, 
including special purpose vouchers) previously allocated to any such 
public housing agency under section 8 or 9 of the United States 
Housing Act of 1937, including any reserve funds held by the 
public housing agency or funds held by the Department of Housing 
and Urban Development, pursuant to the authority for use of section 
8 or 9 funding provided under such section and section 204 of 
title II of the Departments of Veterans Affairs and Housing and 
Urban Development and Independent Agencies Appropriations Act, 
1996 (Public Law 104–134; 110 Stat. 1321–28), notwithstanding 
the purposes for which such funds were appropriated. 
SEC. 232. None of the amounts made available by this Act 
may be used to prohibit any public housing agency under receiver-
ship or the direction of a Federal monitor from applying for, 
receiving, or using funds made available under the heading ‘‘Public 
Housing Fund’’ for competitive grants to evaluate and reduce lead- 
based paint hazards in this Act or that remain available and not
H. R. 2471—715 
awarded from prior Acts, or be used to prohibit a public housing 
agency from using such funds to carry out any required work 
pursuant to a settlement agreement, consent decree, voluntary 
agreement, or similar document for a violation of the Lead Safe 
Housing or Lead Disclosure Rules. 
SEC. 233. None of the funds made available by this title may 
be used to issue rules or guidance in contravention of section 
1210 of Public Law 115–254 (132 Stat. 3442) or section 312 of 
the Robert T. Stafford Disaster Relief and Emergency Assistance 
Act (42 U.S.C. 5155). 
SEC. 234. Funds made available in the Consolidated and Fur-
ther Continuing Appropriations Act, 2015 (Public Law 113–235) 
for the ‘‘Choice Neighborhoods Initiative’’ that were available for 
obligation through fiscal year 2017 are to remain available through 
fiscal year 2023 for the liquidation of valid obligations incurred 
in fiscal years 2015 through 2017. 
SEC. 235. None of the funds made available by this Act may 
be used by the Department of Housing and Urban Development 
to direct a grantee to undertake specific changes to existing zoning 
laws as part of carrying out the final rule entitled ‘‘Affirmatively 
Furthering Fair Housing’’ (80 Fed. Reg. 42272 (July 16, 2015)) 
or the notice entitled ‘‘Affirmatively Furthering Fair Housing 
Assessment Tool’’ (79 Fed. Reg. 57949 (September 26, 2014)). 
SEC. 236. The language under the heading ‘‘Rental Assistance 
Demonstration’’ in the Department of Housing and Urban Develop-
ment Appropriations Act, 2012 (Public Law 112–55), as most 
recently amended by Public Law 115–141, is further amended— 
(1) after the seventeenth proviso, by inserting the following 
new proviso: ‘‘Provided further, That conversions of assistance 
under the following provisos herein shall be considered as the 
‘Second Component’ and shall be authorized for fiscal year 
2012 and thereafter:’’; 
(2) by striking the nineteenth proviso, as reordered above, 
and inserting the following four provisos: ‘‘Provided further, 
That owners of properties assisted under section 101 of the 
Housing and Urban Development Act of 1965, section 236(f)(2) 
of the National Housing Act, or section 8(e)(2) of the United 
States Housing Act of 1937, for which an event after October 
1, 2006 has caused or results in the termination of rental 
assistance or affordability restrictions and the issuance of ten-
ant protection vouchers under section 8(o) of the Act shall 
be eligible, subject to requirements established by the Sec-
retary, for conversion of assistance available for such vouchers 
or assistance contracts to assistance under a long term project- 
based subsidy contract under section 8 of the Act: Provided 
further, That owners of properties with a project rental assist-
ance contract under section 202(c)(2) of the Housing Act of 
1959 shall be eligible, subject to requirements established by 
the Secretary, including but not limited to the subordination, 
restructuring, or both, of any capital advance documentation, 
including any note, mortgage, use agreement or other agree-
ments, evidencing or securing a capital advance previously 
provided by the Secretary under section 202(c)(1) of the Housing 
Act of 1959 as necessary to facilitate the conversion of assist-
ance while maintaining the affordability period and the designa-
tion of the property as serving elderly persons, and tenant 
consultation procedures, for conversion of assistance available