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F:\PCC\APPROP\HUD01\ADMPROV.001 1 SECTION 8 PHA PROJECT-BASED ASSISTANCE 2 SEC. 2 . (a) IN GENERAL.-Paragraph (13) of 3 section 8(o) of the United States Housing Act of 1937 4 (42 U.S.C. 1437f(o)(13)) is amended to read as follows: 5 "(13) PHA PROJECT-BASED ASSISTANCE.- 6 "(A) IN GENERAL.-A public housing 7 agency may use amounts provided under an an- 8 nual contributions contract under this sub- 9 section to enter into a housing assistance pay- 10 ment contract with respect to an existing, newly 11 constructed, or rehabilitated structure, that is 12 attached to the structure, subject to the limita- 13 tions and requirements of this paragraph. 14 (B) PERCENTAGE LIMITATION.-Not 15 more than 20 percent of the funding available 16 for tenant-based assistance under this section 17 that is administered by the agency may be at- 18 tached to structures pursuant to this para- 19 graph. 20 "(C) CONSISTENCY WITH PHA PLAN AND 21 OTHER GOALS.-A public housing agency may 22 approve a housing assistance payment contract 23 pursuant to this paragraph only if the contract 24 is consistent with- October 5, 2000 F:\V6\100500\100500.0B3

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