Supplemental Housing Authorization Act

[AI summary unavailable — showing source text] Supplemental Housing Authorization Act - Title I: Supplemental Authorizations and Extensions of HUD Programs - Amends the United States Housing Act of 1937 to extend the fiscal year 1977 limitations on aggregate annual contractual contributions on aggregate annual contractual contributions for low-income housing projects from $850,000,000 to $1,228,050,000 and for the operation of such projects from $576,000,000 to $595, 600,000. Extends to 360 months the term for which the Secretary of Housing and Urban Development may contract to make low-income housing assistance payments. Authorizes to be appropriated such sums as may be needed to cover losses sustained by the General Insurance Fund under the National Housing Act. Makes supplemental authorizations reimbursing housing loan funds for properties transferred under the Urban Homesteading Demonstration program under the Housing and Community Development Act of 1974. Extends until April 30, 1978, the National Insurance Development Program under the National Housing Act. Title II: National Commission on Neighborhoods - National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods composed of 20 members. Directs …