; and (2) by adding at the end the following: (B) Condominiums and housing cooperatives For purposes of providing financial assistance under subsections (c)(2) and (c)(3) with respect to residential elements that are the legal responsibility of an association for a condominium or housing cooperative, the terms individual and household include the association for the condominium or housing cooperative. . (b) Maximum amount of assistance Section 408(h) of such Act ( 42 U.S.C. 5174(h) ) is amended by adding at the end the following: (3) Special rule for condominiums and housing cooperatives (A) In general In lieu of the limit established under paragraph (1), the maximum amount of assistance that an association for a condominium or housing cooperative may receive under this section with respect to a single disaster shall be an amount to be determined by the President by regulation. (B) Adjustment of limit The amount determined by the President under subparagraph (A) shall be adjusted annually in accordance with paragraph (2). . 4. Applicability The amendments made by this Act shall apply to a major disaster or emergency declared by the President under the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5121 et seq.) after the date of enactment of this Act.