[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1363 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1363

  To rescind a portion of the funds available for HOPE grants, and to 
  transfer an additional portion of the funds to the HOME investment 
                         partnerships program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 16, 1993

  Mr. Orton introduced the following bill; which was referred to the 
                      Committee on Appropriations

_______________________________________________________________________

                                 A BILL


 
  To rescind a portion of the funds available for HOPE grants, and to 
  transfer an additional portion of the funds to the HOME investment 
                         partnerships program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

              DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

                            Housing Programs

   homeownership and opportunity for people everywhere grants (hope 
                                grants)

                   (rescission and transfer of funds)

    Of the funds made available under this heading (other than the 
$300,000,000 provided for grants to carry out an urban revitalization 
demonstration program) in the Departments of Veterans Affairs and 
Housing and Urban Development, and Independent Agencies Appropriations 
Act, 1993 (Pub. L. 102-389; 106 Stat. 1579), $275,000,000 is rescinded 
and $50,000,000 shall be transferred to and merged with the 
appropriation in such Act for ``HOME investment partnerships program''.
    Of the funds made available under this heading in the Departments 
of Veterans Affairs and Housing and Urban Development, and Independent 
Agencies Appropriations Act, 1992 (Pub. L. 102-139; 105 Stat. 743), 
$125,000,000 is rescinded and $25,000,000 shall be transferred to and 
merged with the appropriation in such Act for ``HOME investment 
partnerships program''.

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