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B-171630 1 (1976-05-10)

handle is hein.gao/gaobadbst0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITEO STATES WASHINGTON, D.C. 20543 MAY 1 0 to 3-171630 The ilccorable nry S. Rouss iouse >f 2.pressntatives - r A:r, Reuses his refers to :our letter of '!arch 26, 1976, in which you expressed your concern oter delay. in implemenring tha Section 02 rogrms by the fapartetent ousing and Urban Develoet (uU. Sr I tte r : nets that we infors you of thdae te an which is would a prepared to file a lawsuit pursuant to section 1013 of the knounds e4at Control Act of 1974, ub, L. 93-344, July 12, 1974, to ce * aIease of the actia 2 budget 2authority n Hoveaber 2-, 1975, the Presidant reposed e r SC S 600 million available to iplement the KWfl Section tfi2 o-:cram, escission troposal nmer i176-26, co y enclosed, <aa pros:r., .abL tished by Acati a 02 of the Housing and frmuiy bevel mont .ca 974, Pub. L. 93-383, August 12, 1974, authories uD -o rovide Interest subsidy ;r tes to, and F deral wuarantees f i Joauioss utd cy, tate htousing linance and develcopment a ia. i* -uact S.iseion raposal a as ofa a mer If L:wounweent actie a dxirted * :ht Co greas or its coaideratica, n January 6, 1976, in submitted our report so 6ongress on ?J6-26 ad te other oundmenrs propoua in the resident's o r 29 esage. A copy ad this report is also enclosed. jur report noted Sat the 45-day period of contInous session after wich 2he Action 02 funds must be made available for obig ation iould d a ebruary 23, 1976. tecuse rescission 'ill was ,ot enacted regeding th:e requested :tission, the a dget authority uas required to b:a released a of -its We. e -pit , 976, ia reported to the Congress on :e satus 2 te actlan 302 fu s. ao this report, co y enclosed, n rtead Ihat Ia Office of agmet and udget bad apportioned the naeys t2 ch:t 3'5 :uesae of the hudget uthority tas awaitrug d::e Las ce of ae ::gatatio a ccessary to implement the scation .2 pagra. In this nctie , a rted ti 'WUl expects the r gul tions to e c::lured y te and oi this manth, WJe recognise that :a abitgation cI the aection 302 udt: authority a affected by the iesance of dhe regulations ad tt hwould the roess e unduly prolonged, a aortion >f th a 3 :.a:y we caused to

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