Of the funds that are allocated for assistance for Latin America and the Caribbean under chapter 1 of part I of the Foreign Assistance Act of 1961 [
22 U.S.C.
2151 et seq.] (relating to development assistance) and chapter 4 of part II of that Act [
22 U.S.C.
2346 et seq.] (relating to the economic support fund), $500,000 may be made available to carry out the site location and design phase of the International University for the Americas.