§ 470b-1. Grants to National Trust for Historic Preservation
(a)
Authority of Secretary of Housing and Urban Development; renovation or restoration costs; terms and conditions; amounts
The Secretary of Housing and Urban Development is authorized to make grants to the National Trust for Historic Preservation, on such terms and conditions and in such amounts (not exceeding $90,000 with respect to any one structure) as he deems appropriate, to cover the costs incurred by such Trust in renovating or restoring structures which it considers to be of historic or architectural value and which it has accepted and will maintain (after such renovation or restoration) for historic purposes.
(b)
Authorization of appropriations
There are authorized to be appropriated such sums as may be necessary for the grants to be made under subsection (a) of this section.