Prevention of Illegal Residency and Activity in Public Housing Act of 1992

Prevention of Illegal Residency and Activity in Public Housing Act of 1992 - Requires public housing agencies: (1) to certify to the Secretary of Housing and Urban Development that the agency has inspected each public housing unit in projects administered by the agency to ensure that such units are not occupied by illegal aliens and are not being used for illegal activity in order to receive Federal assistance; and (2) that have identified illegal aliens occupying such units or determined that criminal activity is taking place in any such unit to notify the appropriate authorities and remove or evict the illegal aliens and tenants involved in criminal activity from such units. Conditions receipt of public housing assistance on such certification.

Amends lease provisions of the United States Housing Act of 1937 to provide for similar inspections and evictions with respect to illegal aliens and tenants involved in criminal activity.