SEC-715 -- RURAL AREA CLASSIFICATION. 

 
 (a) In General.-Section 520 of the Housing Act of 1949 (42 U.S.C. 1490)
is amended-
 
 (1) in the first sentence-
 
 (A) by striking "case" and inserting "cases";
 
 (B) by inserting after "California" the following: ", and Guadalupe,
in the State of Arizona"; and
 
 (2) by striking the last sentence and inserting the following new
sentence: "For purposes of this title, any area classified as `rural'
or a `rural area' prior to October 1, 1990, and determined not to be
`rural' or a `rural area' as a result of data received from or after the
1990 decennial census shall continue to be so classified until the
receipt of data from the decennial census in the year 2000, if such area
has a population in excess of 10,000 but not in excess of 25,000, is
rural in character, and has a serious lack of mortgage credit for lower
and moderate-income families.".
 
 (b) Applicability.-The amendment made by this section shall apply with
respect to classification of rural areas for fiscal year 1991 and any
fiscal year thereafter.