Revisions to strengthen enforcement and penalties for noncompliance
Title II — Reforms relating to Home Investment Partnerships Program administration and rules
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Section 223 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12753) is amended— (1) in the heading, by striking PENALTIES FOR MISUSE OF FUNDS and inserting PROGRAM ENFORCEMENT AND PENALTIES FOR NONCOMPLIANCE; (2) in the matter preceding paragraph (1), by inserting after any provision of this subtitle the following:, including any provision applicable throughout the period required by section 215(a)(1)(E) and applicable regulations,; (3) in paragraph (2), by striking or at the end; (4) in paragraph (3), by striking the period at the end and inserting; or; and (5) by adding at the end the following: (4) reduce payments to the participating jurisdiction under this subtitle by an amount equal to the amount of such payments which were not expended in accordance with this title..