; or (ii) newly occupies a dwelling unit in such rental project during such period; and (B) except for assistance used in accordance with subparagraph (A), the Secretary shall use such remaining authority to provide such assistance on behalf of eligible families residing in other rental projects originally financed under section 515 or under sections 514 and 516. . 225. Eligibility for rural housing vouchers Section 542 of the Housing Act of 1949 ( 42 U.S.C. 1490r ) is amended by adding at the end the following: (c) Eligibility of households in sections 514, 515, and 516 projects The Secretary, in consultation with the Under Secretary of Agriculture for Rural Development, may provide rural housing vouchers under this section for any low-income household (including households not receiving rental assistance) residing in a property financed with a loan made or insured under section 514 or 515 which has been prepaid without restrictions imposed by the Secretary pursuant to section 502(c)(5)(G)(ii)(I), has been foreclosed, or has matured after September 30, 2005, or residing in a property assisted under section 514 or 516 that is owned by a nonprofit organization or public agency. . 226. Permanent establishment of housing preservation and revitalization program Title V of the Housing Act of 1949 ( 42 U.S.C. 1471 et seq. ) is amended by adding at the end the following: 545. Housing preservation and revitalization program (a) Establishment The Secretary shall carry out a program that preserves and revitalizes multifamily rental housing projects financed under section 515 or under sections 514 and 516. (b) Notice of maturing loans (1) To owners The Secretary shall provide annual written notice to each owner of a property financed under section 515 or under sections 514 and 516 that will mature during the 4-year period beginning on the date on which such notice is provided. Such notice shall set forth— (A) the options and financial incentives that are available to facilitate the extension of the loan term