; or (bb) multi-family housing that— (AA) is covered by an application for mortgage insurance under the National Housing Act ( 12 U.S.C. 1701 et seq.); and (BB) does not receive any other Federal housing assistance. (ii) Regulations Not later than 180 days after the date of enactment of the Lead-Safe Housing for Kids Act of 2020 , the Secretary shall promulgate regulations that— (I) require the owner of covered housing in which a family with a child of less than 6 years of age will reside or is expected to reside to conduct an initial risk assessment for lead-based paint hazards— (aa) in the case of covered housing receiving public housing assistance under the United States Housing Act of 1937 ( 42 U.S.C. 1437 et seq.) or project-based rental assistance under section 8 of the United States Housing Act of 1937 ( 42 U.S.C. 1437f ), not later than 15 days after the date on which a physical condition inspection occurs; and (bb) in the case of covered housing not described in item (aa), not later than a date established by the Secretary; (II) provide that a visual assessment alone is not sufficient for purposes of complying with subclause (I); (III) require that, if lead-based paint hazards are identified by an initial risk assessment conducted under subclause (I), the public housing agency for or owner of the covered housing shall— (aa) not later than 30 days after the date on which the initial risk assessment is conducted, control the lead-based paint hazards, including achieving clearance in accordance with regulations promulgated under section 402 or 404 of the Toxic Substances Control Act ( 15 U.S.C. 2682 , 2684), as applicable, except that to the extent that the requirements under this item result in additional costs, this item shall be effective and apply only to the extent that amounts to cover such additional costs are provided in advance in appropriation Acts