§ 3502. Planned public works
(a)
Advances To Ensure Planning.—
Notwithstanding section
3324
(a) and (b) of title
31, the Secretary of Housing and Urban Development may make advances to public agencies and Indian tribes—
(b)
Uses of Advances.—
A public agency or Indian tribe shall use an advance under subsection (a) to aid in financing the cost of feasibility studies, engineering and architectural surveys, designs, plans, working drawings, specifications, or other action preliminary to and in preparation for the construction of public works, and for construction in connection with the development of a medical center, a general plan for the development of the center.
(c)
No Future Commitment.—
An advance under subsection (a) does not commit the Congress to appropriate amounts to assist in financing the construction of any public works planned with the aid of that advance. Outstanding advances to public agencies and Indian tribes in a State shall not exceed 12.5 percent of the aggregate then authorized to be appropriated to the revolving fund established under section
3503 of this title.
(d)
Requirements for Advances.—
An advance shall not be made under subsection (a) for an individual project (including a regional, metropolitan, or other areawide project) unless—
(1)
the project is planned to be constructed within or over a reasonable period of time considering the nature of the project;