funds made available for the federally assisted housing program under which the failure to comply occurred from the agency or owner. . 10. No interference with State or local regulatory authority This Act and the amendments made by this Act may not be construed to preempt any State or local regulations or requirements that do not prevent the application of the provisions of this Act or such amendments. 11. Regulations The Secretary of Housing and Urban Development shall issue any regulations necessary to carry out the amendments made by sections 2 through 6 and section 8 of this Act not later than the expiration of the 12-month period beginning on the date of the enactment of this Act. 12. Effective date Except as specifically provided otherwise in this Act, the amendments made by this Act shall be made on, and shall apply beginning upon, the effective date of the regulations issued pursuant to section 11.