PUBLIC LAW 102-550—OCT. 28, 1992

106 STAT. 4033

"SEC. 483. TERM OF CONTRACT AND AMOUNT OF ASSISTANCE.

"(a) TERM OF CONTRACT.—The contract with a recipient of
assistance under this part shall be for a term of 5 years.

"(b) AMOUNT OF ASSISTANCE.—Each contract shall provide that
the recipient shall receive aggregate amounts not to exceed the
appropriate existing housing fair market rental under section 8(cXl)
of the United States Housing Act of 1937 in effect at the time
the application is approved. Any amounts not needed for a year
may be used to increase the amount available in subsequent years.

"PART V—SECTION 8 MODERATE REHABILITA-
TION ASSISTANCE FOR SINGLE-ROOM OCCU-
PANCY DWELLINGS

"SEC. 486. AUTHORITY.

'The Secretary may use amounts made available under section
463 in connection with the moderate rehabilitation of single room
occupancy housing described in section 8(n) of the United States
Housing Act of 1937 for occupancy by eligible persons in accordance
with this part. Amounts available under section 463 may be used
in connection with the moderate rehabilitation of efficiency units
if the building owner agrees to pay the additional cost of rehabilitat-
ing and operating the efficiency units.

"SEC. 487. FIRE AND SAFETY IMPROVEMENTS.

"Each contract for housing assistance payments entered into
under this part shall require the installation of a sprinkler system
that protects all major spaces, hard-wired smoke detectors, and
any other fire safety improvements as may be required by State
or local law. For purposes of this section, the term 'major spaces'
means hallways, large common areas, and other areas specified
in local fire, building, or safety codes.

"SEC. 488. CONTRACT REQUIREMENTS.

"Each contract for annual contributions entered into by the
Secretary with a public housing agency to obligate the authority
made available under section 463 for use under this part shall—
"(1) commit the Secretary to make the authority available
to the public housing agency for an aggregate period of 10
years, and require that any amendments increasing the author-
ity shall be available for the remainder of such 10-year period;
"(2) provide the Secretary with the option to renew the
contract for an additional period of 10 years, subject to the
availability of authority; and

"(3) provide that, notwithstanding any other provision of
law, first priority for occupancy of housing rehabilitated under
this part shall be given to homeless persons.",
(g) TECHNICAL AND CONFORMING AMENDMENTS.—Subtitle F of
title IV of the Stewart B. McKinney Homeless Assistance Act (42
U.S.C. 11403 et seq.), as amended by the preceding provisions
of this section, is further amended—

(1) by striking the heading for part I and inserting the
following new heac

42 USC 11406b.

42 USC 11407.

42 USC 11407a.

42 USC 11407b.

42 USC prec.
11403.