SEC-321 -- LIMITATION ON FHA INSURANCE AUTHORITY.


 Section 531(b) of the National Housing Act (12 U.S.C. 1735f-9(b)) is
amended to read as follows:

 "(b) Notwithstanding any other provision of law and subject only to
the absence of qualified requests for insurance, to the authority
provided in this Act, and to the limitation in subsection (a), the
Secretary shall enter into commitments to insure mortgages under this
Act with an aggregate principal amount of $76,791,000,000 during fiscal
year 1991 and $79,818,000,000 during fiscal year 1992.".