106 STAT. 3688 PUBLIC LAW 102-550-OCT. 28, 1992

"(E) Assistance may not be provided under this paragraph
for any project or building assisted under section 14.

"(FXi) For each fiscal year for which amounts are reserved
or appropriated for the purposes of this paragraph, the Secretary
shall establish performance goals to evaluate the effectiveness of
the use of such amounts. The goals shall—

"(I) be designed to maximize the effectiveness of the
expenditures in a quantifiable manner; and

"(II) describe the number of units to be redesigned, redevel-
oped, and reconstructed with such amounts and improvements
in the management of projects so assisted to be accomplished
with such amounts.

Reports. "(ii) Not later than 60 days after the end of each such fiscal

year, the Secretary shall submit a report to the Congress, which
shall describe the performance goals established for the fiscal year,
the activities carried out with such amounts, and a statement
of whether the performance goals were met. If the performance
goals were not met, the report shall contain—

"(I) an explanation of why the goals were not met and
a description of any managerial deficiencies or legal problems
that contributed to not meeting such goals;

"(11) plans and a schedule for achieving the level of perform-
ance under such performance goals;

"(III) recommendations for legislative or regulatory changes
necessary to achieve the performance goals or improve perform-
ance; and

"(IV) a statement of whether the performance goals estab-
lished for the fiscal year were impractical or infeasible, and,
if so, the factors that contributed and resulted in establishing
such impractical or infeasible goals and recommendations of
actions to meet such goals, which may include changing the
goals or altering or eliminating the program under this para-
graph for major reconstruction of projects.".
(b) MODERNIZATION AND DISPOSITION REQUIREMENTS.—

(1) MODERNIZATION.—Section 14(c) of the United States
42 use 1487*. Housing Act of 1937 (42 U.S.C. 14371(c)) is amended—

(A) in the matter preceding paragraph (1)—

(i) by inserting "buildings or after Tor"; and
(ii) by striking "which";

(B) in each of paragraphs (1), (2), (3), and (4), by
inserting "which projects" after the paragraph designation;

(C) in paragraph (3), by striking "and" at the end;

(D) by redesignating paragraph (4) as paragraph (5);
and

(E) by inserting after paragraph (3) the following new
paragraph:

"(4) which buildings are not assisted under section 5(jX2);
and".

(2) DEMOLITION AND DISPOSITION.—Section 18(a) of the
United States Housing Act of 1937 (42 U.S.C. 1437q(a)) is

42usci437p. amended—

(A) in paragraph (1), by striking "or" at the end;

(B) in paragraph (2), by striking the period at the
end and inserting "; or"; and

(C) by adding at the end the following new paragraph: