Indian Housing and Community Development Act of 1992

Indian Housing and Community Development Act of 1992- Title I: General Provisions - Defines specified terms for purposes of this Act.

Title II: Administrator of Indian Programs in Department of Housing and Urban Development - Amends the Department of Housing and Urban Development Act to create in the Department of Housing and Urban Development (HUD) the position of Administrator of Indian Programs to administer HUD Indian housing and community development block grant assistance.

Title III: Indian Housing Finance Program - Directs the Secretary of HUD (Secretary) to provide housing assistance from the Indian Housing Finance Fund (established by this Act) through project agreements with Indian housing authorities. Sets forth provisions regarding: (1) housing plans; (2) applications; (3) project agreements and assistance; (4) site control; (5) housing assistance contracts; (6) payments and accounts; (7) monitoring and insurance; (8) bonding requirements; (9) maintenance and utilities; (10) sale and alienability of assisted housing; (11) downpayment assistance; (12) rental housing; (13) support facilities; and (14) operating assistance.

Directs the Secretary to carry out a program under which each Indian housing authority that enters into a project agreement may carry out a local family self-sufficiency program.

Establishes in the Treasury the Indian Housing Finance Fund.

Authorizes appropriations.

Title IV: Indian Housing Loan Guarantee Program - Authorizes the Secretary to provide loan guarantees to Indian families or Indian housing authorities for housing located on trust land or land located in an Indian or Alaska Native area.

Establishes in the Treasury the Indian Housing Loan Guarantee Fund.

Authorizes appropriations.

Title V: Miscellaneous Provisions - Amends the Housing and Community Development Act of 1974 to obligate specified community development block grant funds to improve the management capabilities and capacity of Indian housing authorities.

Directs: (1) the General Accounting Office to audit and evaluate Indian housing authorities in carrying out this Act; and (2) the Secretary to conduct biennial Indian housing inventories.

Title VI: Program Terminations and Transition - Terminates specified Indian housing assistance programs under the United States Housing Act of 1937 after September 30, 1995.

Amends the Cranston-Gonzalez National Affordable Housing Act to repeal the applicability of the HOPE for public housing homeownership program to Indian public housing.

Title VII: National American Indian Housing Council - Authorizes appropriations for the National American Indian Housing Council to provide Indian housing authorities with training and technical assistance.