(iii) August 7, 2017, and before February 8, 2018, in the case of the disaster specified in section 2(1)(C), and (B) which was to be used to purchase or construct a principal residence in the Louisiana storm and flood disaster area, but which was not so purchased or constructed on account of the severe storms and flooding giving rise to the Presidential declaration described in section 2(1). 103. Loans from qualified plans for relief relating to Louisiana storms and flooding (a) Increase in limit on loans not treated as distributions In the case of any loan from a qualified employer plan (as defined under section 72(p)(4) of the Internal Revenue Code of 1986) to a qualified individual made after the date of enactment of this Act and before January 1, 2018— (1) clause (i) of section 72(p)(2)(A) of such Code shall be applied by substituting $100,000 for $50,000 , and (2) clause (ii) of such section shall be applied by substituting the present value of the nonforfeitable accrued benefit of the employee under the plan for one-half of the present value of the nonforfeitable accrued benefit of the employee under the plan . (b) Delay of repayment In the case of a qualified individual with an outstanding loan on or after the date that is 5 days before the applicable disaster date, from a qualified employer plan (as defined in section 72(p)(4) of such Code)— (1) if the due date pursuant to subparagraph (B) or (C) of section 72(p)(2) of such Code for any repayment with respect to such loan occurs during the period beginning on the date that is 5 days before the applicable disaster date, and ending on December 31, 2017, such due date shall be delayed for 1 year, (2) any subsequent repayments with respect to any such loan shall be appropriately adjusted to reflect the delay in the due date under paragraph (1) and any interest accruing during such delay, and (3) in determining the 5-year period and the term of a loan under subparagraph (B) or (C) of section 72(p)(2) of such Code, the period described in paragraph (1) shall