Department of Housing and Urban Development-Independent Agencies Appropriation Act, 1983

[AI summary unavailable — showing source text] Department of Housing and Urban Development - Independent Agencies Appropriation Act, 1983 - Title I: Department of Housing and Urban Development - Increases the contract authority and the budget authority of the Department of Housing and Urban Development (HUD) for annual contributions contracts for assisted housing. Designates specified amounts of such budget authority and budget authority which is recaptured or deobligated during FY 1983 for: (1) the modernization of existing public housing projects; (2) providing public housing for Indian families; (3) assistance for housing projects for the elderly or handicapped. Prohibits the Secretary of HUD from: (1) imposing any arbitrary limitation on the cost and rent increases resulting from increased construction costs for a housing project under the lower-income rental assistance program; (2) terminating a reservation of contract authority for such a project after 24 months on account of the inability of the developer to obtain firm financing; or (3) using authorities available for obligation in FY 1983 to provide for the initial reservation for additional newly constructed units of such a project or a project under the public housin…