A bill to amend section 312 of the Housing Act of 1964 to extend the rehabilitation loan program for 2 years.

Amends the Housing Act of 1964 to extend the rehabilitation loan program for two years. Limits the amount which may be loaned in fiscal year 1976 to $100,000,000. Authorizes the appropriation of $200,000,000 prior to the close of fiscal year 1978 for such programs.