SEC-918 -- USE OF URBAN RENEWAL LAND DISPOSITION PROCEEDS AND CERTAIN 

 
OTHER COMMUNITY DEVELOPMENT AND PUBLIC FACILITY FUNDS.
 
 (a) Luzerne County, Pennsylvania.-Notwithstanding any other provision
of law or other requirement, the city of Nanticoke, the Borough of
Plymouth, and the Borough of Forty Fort, all in the county of Luzerne
and in the State of Pennsylvania, are authorized to retain any
categorical settlement grant funds or urban renewal grant funds that
remain after the financial closeout of the Lower Broadway Disaster Urban
Renewal Project (No. B-79-UR-42-0001) in the city of Nanticoke, the
Plymouth Disaster Urban Renewal Project (No. PA-R-617 and No.
B-79-UR-42-0007) in the borough of Plymouth, and the Forty Fort Disaster
Urban Renewal Project (No. PA-R-613 and No. B-79-UR-42-0003) in the
borough of Forty Fort, respectively, and to use such funds in accordance
with the requirements of the community development block grant program
specified in title I of the Housing and Community Development Act of
1974. The city of Nanticoke, the borough of Plymouth, and the borough
of Forty Fort shall retain such funds in a lump sum and shall be
entitled to retain and use, in accordance with this subsection, all past
and future earnings from such funds, including any interest.
 
 (b) Vallejo, California.-Notwithstanding any other provision of law or
other requirement, the city of Vallejo, California, is authorized to
retain any land disposition proceeds or urban renewal grant funds that
remain after the financial closeout of the Marina Vista Urban Renewal
Project, and to use such funds in accordance with the requirements of
the community development block grant program specified in title I of
the Housing and Community Development Act of 1974. The city of Vallejo
shall retain such funds in a lump sum and shall be entitled to retain
and use, in accordance with this subsection, all past and future
earnings from such funds, including any interest.
 
 (c) New Haven, Connecticut.-Notwithstanding any other provision of law
or other requirement, the city of New Haven, Connecticut, is authorized
to retain any land disposition proceeds or urban renewal grant funds
that remain after the financial closeout of the Church Street Urban
Renewal Project (No. Conn. R-2), and to use such funds in accordance
with the requirements of the community development block grant program
specified in title I of the Housing and Community Development Act of
1974. The city of New Haven shall retain such funds in a lump sum and
shall be entitled to retain and use, in accordance with this subsection,
all past and future earnings from such funds, including any interest.
 
 (d) Lebanon, Pennsylvania.-Notwithstanding any other provision of law
or other requirement, the city of Lebanon, Pennsylvania, is authorized
to retain any land disposition proceeds or urban renewal grant funds
that remain after the financial closeout of the Southside Urban Renewal
Project (No. R-635(C)), and to use such funds in accordance with the
requirements of the community development block grant program specified
in title I of the Housing and Community Development Act of 1974. The
city of Lebanon shall retain such funds in a lump sum and shall be
entitled to retain and use, in accordance with this subsection, all past
and future earnings from such funds, including any interest.
 
 (e) East Stroudsburg, Pennsylvania.-Notwithstanding any other provision
of law or other requirement, the Borough of East Stroudsburg,
Pennsylvania, is authorized to retain any land disposition proceeds from
the financial closeout of the Courtland Plaza Urban Renewal Project (No.
PA-R-352) not paid to the Department of Housing and Urban Development,
and to use such proceeds in accordance with the requirements of the
community development block grant program specified in title I of the
Housing and Community Development Act of 1974. The Borough of East
Stroudsburg shall retain such proceeds in a lump sum and shall be
entitled to retain and use, in accordance with this subsection, all past
and future earnings from such proceeds, including any interest.
 
 (f) Fairmount Heights, Maryland.-Notwithstanding any other provision
of law or other requirement, the Secretary of Housing and Urban
Development shall cancel the indebtedness of the Town of Fairmount
Heights, Maryland, relating to the public facilities loan (project
number MD-18-PFL003) issued July 1, 1969, under title II of the Housing
Amendments of 1965. The Town of Fairmount Heights is relieved of all
liability to the Federal Government for the outstanding principal
balance on such loan, for the amount of accrued interest on such loan,
and for any other fees and charges payable in connection with such loan.
 
 (g) Newburyport, Lawrence, and Malden, Massachusetts.-Notwithstanding
any other provision of law or other requirement, the cities of
Newburyport, Lawrence, and Malden, all in Massachusetts, are authorized
to retain any categorical settlement grant funds or urban renewal grant
funds that remain after the financial closeout of the Central Business
Urban Renewal Project (No. MASS-R-80) in the city of Newburyport, the
Theatre Row Redevelopment Project (No. MASS-R-61) in the city of
Lawrence, and the Civic Center Urban Renewal Project (No. MASS-R-118)
in the city of Malden, respectively, and to use such funds in accordance
with the requirements of the community development block grant program
specified in title I of the Housing and Community Development Act of
1974. The cities of Newburyport, Lawrence, and Malden shall retain such
funds in a lump sum and shall be entitled to retain and use, in
accordance with this subsection, all past and future earnings from such
funds, including any interest.
 
 (h) Budget Compliance.-This section shall be effective only to the
extent provided in appropriations Acts.