Assisted Housing Amendments Act of 1980

[AI summary unavailable — showing source text] Assisted Housing Amendments Act of 1980 - Amends the United States Housing Act of 1937 to set forth the amount by which the limitation on aggregate contractual contributions for low-income housing projects shall be increased on October 1, 1980. Terminates, as of October 1, 1980, the present requirement that the Secretary of Housing and Urban Development, in utilizing such additional authority to enter into such contracts, administer low-income housing programs to provide assistance for new, substantially rehabilitated, and existing units, in accordance with the goals of local governments as reflected in specified housing assistance plans. Directs the Secretary, in utilizing such additional authority on and after October 1, 1980, to accommodate, to the maximum extent possible, desires of local governments regarding the allocation of assistance among new, substantially rehabilitated, and existing housing units. Directs the Secretary, in so doing, to limit, to the maximum extent possible, the budget authority allocated to local areas to the amount which would result if, on a nationwide basis taking account of local variations, 30 percent of the units to be assisted under such Act for …