Housing Trust Fund Federal Register Allocation Notice, 17851-17852 [2017-07487]
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Federal Register / Vol. 82, No. 70 / Thursday, April 13, 2017 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–6019–N–01]
Housing Trust Fund Federal Register
Allocation Notice
Office of the Assistant
Secretary for Community Planning and
Development, HUD.
ACTION: Notice of corrected fiscal year
2016 funding allocations.
AGENCY:
The Housing and Economic
Recovery Act of 2008 (HERA)
established the Housing Trust Fund
(HTF) to be administered by HUD.
Pursuant to the Federal Housing
Enterprises Financial Security and
Soundness Act of 1992 (the Act), as
amended by HERA, Division A, eligible
HTF grantees are the 50 states, the
District of Columbia, the
Commonwealth of Puerto Rico,
American Samoa, Guam, the
Commonwealth of Northern Mariana
Islands, and the United States Virgin
Islands.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Virginia Sardone, Director, Office of
Affordable Housing Programs, Room
7164, Department of Housing and Urban
Development, 451 Seventh Street SW.,
Washington, DC 20410–7000; telephone
(202) 708–2684. (This is not a toll-free
number.) A telecommunications device
for hearing- and speech-impaired
persons (TTY) is available at 800–877–
8339 (Federal Information Relay
Service).
Section
1131 of HERA Division A amended the
SUPPLEMENTARY INFORMATION:
Act to add a new section 1337 entitled
‘‘Affordable Housing Allocations’’ and a
new section 1338 entitled ‘‘Housing
Trust Fund.’’ HUD’s implementing
regulations are codified at 24 CFR part
93. In accordance with Section
1338(c)(4)(A) of the Act, this notice
announces the formula allocation
amount for each eligible HTF grantee.
Congress authorized the HTF with the
stated purpose of: (1) Increasing and
preserving the supply of rental housing
for extremely low-income families with
incomes between 0 and 30 percent of
area median income and very lowincome families with incomes between
30 and 50 percent of area median
income, including homeless families,
and (2) increasing homeownership for
extremely low-income and very lowincome families.
Section 1337 of the Act provides for
the HTF (and other programs) to be
funded with an affordable housing set
aside by Fannie Mae and Freddie Mac.
The total set-aside amount is equal to
4.2 basis points (.042 percent) of Fannie
Mae and Freddie Mac’s new mortgage
purchases, a portion of which is for the
HTF.
Section 1338 of the Act directs HUD
to establish, through regulation, the
formula for distribution of amounts
made available for the HTF. The statute
specifies the factors to be used for the
formula and priority for certain factors.
The factors and methodology HUD uses
to allocate HTF funds among eligible
grantees are established in the HTF
regulation. HTF formula allocations for
Fiscal Year 2016 totaling $173,591,160
were announced in the Federal Register
on May 5, 2016 (81 FR 27165). After
17851
announcing these formula allocations,
HUD discovered an error in its
calculations for American Samoa,
Guam, the Commonwealth of Northern
Mariana Islands, and the United States
Virgin Islands. HUD allocates HTF
resources for these four Insular Areas on
a pro rata demographic basis because
comparable housing needs data do not
exist for such jurisdictions. In
determining the Fiscal Year 2016 HTF
allocations, HUD inadvertently used
renter populations data rather than
renter households data, so that the pro
rata allocation for each Insular Area was
based on the ratio of between its renter
population and the national total of
renter households. This error inflated
the allocations for Insular Areas in the
aggregate amount of $120,913. The overallocation to Insular Areas occurred at
the expense of certain states for which
allocations were reduced to ensure that
other states reached the $3,000,000
minimum. HUD is required to correct
the error for the Fiscal Year 2016 HTF
grants. Accordingly, the HTF allocations
for the Insular Areas are reduced as
follows: America Samoa, ¥$9,567;
Guam ¥$55,330; Northern Marianas,
¥$23,470; and Virgin Islands,
¥$32,546. In addition, the formula
allocations for 15 states and the
Commonwealth of Puerto Rico
increased slightly. Appendix A to this
notice provides the names and the
corrected amounts of the Fiscal Year
2016 HTF awards.
Dated: April 10, 2017.
Clifford Taffet,
General Deputy Assistant Secretary for
Community Planning and Development.
APPENDIX A: FY 2016 HOUSING TRUST FUND ALLOCATION AMOUNTS
Original FY 2016
formula allocation
asabaliauskas on DSK3SPTVN1PROD with NOTICES
Name
Alabama ...........................................................................
Alaska ..............................................................................
Arizona .............................................................................
Arkansas ..........................................................................
California ..........................................................................
Colorado ..........................................................................
Connecticut ......................................................................
Delaware ..........................................................................
District of Columbia .........................................................
Florida ..............................................................................
Georgia ............................................................................
Hawaii ..............................................................................
Idaho ................................................................................
Illinois ...............................................................................
Indiana .............................................................................
Iowa .................................................................................
Kansas .............................................................................
Kentucky ..........................................................................
Louisiana ..........................................................................
Maine ...............................................................................
Maryland ..........................................................................
Massachusetts .................................................................
VerDate Sep<11>2014
17:51 Apr 12, 2017
Jkt 241001
PO 00000
Frm 00058
Corrected FY 2016
formula allocation
$3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
10,128,144.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
4,598,821.00
3,314,612.00
3,000,000.00
3,000,000.00
4,302,012.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,419,569.00
Fmt 4703
Sfmt 4703
Difference
$3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
10,156,439.59
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
4,607,302.00
3,318,674.00
3,000,000.00
3,000,000.00
4,310,055.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,423,773.00
E:\FR\FM\13APN1.SGM
$0.00
0.00
0.00
0.00
28,295.59
0.00
0.00
0.00
0.00
8,481.00
4,062.00
0.00
0.00
8,043.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,204.00
13APN1
Percent difference
(%)
0.00
0.00
0.00
0.00
0.28
0.00
0.00
0.00
0.00
0.18
0.12
0.00
0.00
0.19
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.12
17852
Federal Register / Vol. 82, No. 70 / Thursday, April 13, 2017 / Notices
APPENDIX A: FY 2016 HOUSING TRUST FUND ALLOCATION AMOUNTS—Continued
Original FY 2016
formula allocation
Name
Michigan ...........................................................................
Minnesota ........................................................................
Mississippi ........................................................................
Missouri ............................................................................
Montana ...........................................................................
Nebraska ..........................................................................
Nevada .............................................................................
New Hampshire ...............................................................
New Jersey ......................................................................
New Mexico .....................................................................
New York .........................................................................
North Carolina ..................................................................
North Dakota ....................................................................
Ohio .................................................................................
Oklahoma .........................................................................
Oregon .............................................................................
Pennsylvania ....................................................................
Rhode Island ....................................................................
South Carolina .................................................................
South Dakota ...................................................................
Tennessee .......................................................................
Texas ...............................................................................
Utah .................................................................................
Vermont ...........................................................................
Virginia .............................................................................
Washington ......................................................................
West Virginia ....................................................................
Wisconsin .........................................................................
Wyoming ..........................................................................
Puerto Rico ......................................................................
America Samoa ...............................................................
Guam ...............................................................................
Northern Marianas ...........................................................
Virgin Islands ...................................................................
Corrected FY 2016
formula allocation
3,522,622.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,733,566.00
3,000,000.00
7,013,963.00
3,280,235.00
3,000,000.00
3,740,578.00
3,000,000.00
3,000,000.00
3,862,285.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
4,778,364.00
3,000,000.00
3,000,000.00
3,139,830.00
3,243,721.00
3,000,000.00
3,004,558.00
3,000,000.00
326,054.00
12,321.00
77,609.00
35,735.00
56,562.00
3,527,747.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,738,267.00
3,000,000.00
7,033,924.00
3,284,215.00
3,000,000.00
3,747,502.00
3,000,000.00
3,000,000.00
3,868,768.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
4,789,476.00
3,000,000.00
3,000,000.00
3,142,439.00
3,246,662.00
3,000,000.00
3,007,084.00
3,000,000.00
327,519.00
2,754.00
22,279.00
12,265.00
24,016.00
DEPARTMENT OF THE INTERIOR
[FR Doc. 2017–07487 Filed 4–12–17; 8:45 am]
BILLING CODE 4210–67–P
Bureau of Land Management
Sunshine Act Meetings
Notice of Public Meeting for the John
Day—Snake Resource Advisory
Council, Oregon
April 24, 2017, 9:00
a.m.–12:30 p.m.
PLACE: Inter-American Foundation,
1331 Pennsylvania Ave., Suite 1200,
NW., Washington, DC 20004.
STATUS: Meeting of the Board of
Directors, Open to the public.
MATTERS TO BE CONSIDERED:
D Approval of the Minutes of the
November 14, 2016, Meeting of the
Board of Directors & Advisory
D Management Report
D FY 2018–2022 Strategic Plan
D Advisory Council
D Adjournment
asabaliauskas on DSK3SPTVN1PROD with NOTICES
TIME AND DATE:
Bureau of Land Management,
Interior.
ACTION: Notice.
AGENCY:
CONTACT PERSON FOR MORE INFORMATION:
Paul Zimmerman, General Counsel,
(202) 683–7118.
Paul Zimmerman,
General Counsel.
[FR Doc. 2017–07585 Filed 4–11–17; 4:15 pm]
BILLING CODE 7025–01–P
VerDate Sep<11>2014
17:51 Apr 12, 2017
Jkt 241001
In accordance with the
Federal Land Policy and Management
Act of 1976 and the Federal Advisory
Committee Act of 1972, the U.S.
Department of the Interior, Bureau of
Land Management (BLM) John Day—
Snake Resource Advisory Council (RAC)
will meet as indicated below.
DATES: The John Day—Snake RAC will
hold a public meeting on Thursday and
Friday, May 18 and 19, 2017, starting at
8 a.m. Pacific Daylight Time (PDT) both
days.
ADDRESSES: The meeting will be held at
the Grand Geyser Hotel, 1996 Main
Street, Baker City, OR 97814. The
telephone conference line number for
SUMMARY:
PO 00000
Frm 00059
Fmt 4703
Sfmt 4703
Percent difference
(%)
5,125.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,701.00
0.00
19,961.00
3,980.00
0.00
6,924.00
0.00
0.00
6,483.00
0.00
0.00
0.00
0.00
11,112.00
0.00
0.00
2,609.00
2,941.00
0.00
2,526.00
0.00
1,465.00
¥9,567.00
¥55,330.00
¥23,470.00
¥32,546.00
0.15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.13
0.00
0.28
0.12
0.00
0.19
0.00
0.00
0.17
0.00
0.00
0.00
0.00
0.23
0.00
0.00
0.08
0.09
0.00
0.08
0.00
0.45
¥77.65
¥71.29
¥65.68
¥57.54
the meeting is 1–866–650–5651,
Participant Code: 3696961.
Lisa
Clark, Public Affairs Officer, BLM
Prineville District Office, 3050 NE 3rd
St., Prineville, Oregon 97754; (541) 416–
6700; or lmclark@blm.gov. Persons who
use a telecommunications device for the
deaf (TDD) may call the Federal Relay
Service (FRS) at 1(800) 877–8339 to
contact the above individual during
normal business hours. The FRS is
available 24 hours a day, seven days a
week, to leave a message or question
with the above individual. You will
receive a reply during normal business
hours.
SUPPLEMENTARY INFORMATION: The John
Day—Snake RAC consists of 15
members appointed by the Secretary of
the Interior. Their diverse perspectives
are represented in commodity,
conservation, and general interests.
They provide advice to BLM and Forest
Service resource managers regarding
management plans and proposed
resource actions on public land in
central and eastern Oregon. This
meeting is open to the public in its
entirety. Information to be distributed to
FOR FURTHER INFORMATION CONTACT:
[LLORV00000.L10200000.DF0000.
LXSSH1040000.17X.HAG 17–0090]
INTER-AMERICAN FOUNDATION
Difference
E:\FR\FM\13APN1.SGM
13APN1
]]>Agencies
[Federal Register Volume 82, Number 70 (Thursday, April 13, 2017)]
[Notices]
[Pages 17851-17852]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-07487]
[[Page 17851]]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-6019-N-01]
Housing Trust Fund Federal Register Allocation Notice
AGENCY: Office of the Assistant Secretary for Community Planning and
Development, HUD.
ACTION: Notice of corrected fiscal year 2016 funding allocations.
-----------------------------------------------------------------------
SUMMARY: The Housing and Economic Recovery Act of 2008 (HERA)
established the Housing Trust Fund (HTF) to be administered by HUD.
Pursuant to the Federal Housing Enterprises Financial Security and
Soundness Act of 1992 (the Act), as amended by HERA, Division A,
eligible HTF grantees are the 50 states, the District of Columbia, the
Commonwealth of Puerto Rico, American Samoa, Guam, the Commonwealth of
Northern Mariana Islands, and the United States Virgin Islands.
FOR FURTHER INFORMATION CONTACT: Virginia Sardone, Director, Office of
Affordable Housing Programs, Room 7164, Department of Housing and Urban
Development, 451 Seventh Street SW., Washington, DC 20410-7000;
telephone (202) 708-2684. (This is not a toll-free number.) A
telecommunications device for hearing- and speech-impaired persons
(TTY) is available at 800-877-8339 (Federal Information Relay Service).
SUPPLEMENTARY INFORMATION: Section 1131 of HERA Division A amended the
Act to add a new section 1337 entitled ``Affordable Housing
Allocations'' and a new section 1338 entitled ``Housing Trust Fund.''
HUD's implementing regulations are codified at 24 CFR part 93. In
accordance with Section 1338(c)(4)(A) of the Act, this notice announces
the formula allocation amount for each eligible HTF grantee.
Congress authorized the HTF with the stated purpose of: (1)
Increasing and preserving the supply of rental housing for extremely
low-income families with incomes between 0 and 30 percent of area
median income and very low-income families with incomes between 30 and
50 percent of area median income, including homeless families, and (2)
increasing homeownership for extremely low-income and very low-income
families.
Section 1337 of the Act provides for the HTF (and other programs)
to be funded with an affordable housing set aside by Fannie Mae and
Freddie Mac. The total set-aside amount is equal to 4.2 basis points
(.042 percent) of Fannie Mae and Freddie Mac's new mortgage purchases,
a portion of which is for the HTF.
Section 1338 of the Act directs HUD to establish, through
regulation, the formula for distribution of amounts made available for
the HTF. The statute specifies the factors to be used for the formula
and priority for certain factors. The factors and methodology HUD uses
to allocate HTF funds among eligible grantees are established in the
HTF regulation. HTF formula allocations for Fiscal Year 2016 totaling
$173,591,160 were announced in the Federal Register on May 5, 2016 (81
FR 27165). After announcing these formula allocations, HUD discovered
an error in its calculations for American Samoa, Guam, the Commonwealth
of Northern Mariana Islands, and the United States Virgin Islands. HUD
allocates HTF resources for these four Insular Areas on a pro rata
demographic basis because comparable housing needs data do not exist
for such jurisdictions. In determining the Fiscal Year 2016 HTF
allocations, HUD inadvertently used renter populations data rather than
renter households data, so that the pro rata allocation for each
Insular Area was based on the ratio of between its renter population
and the national total of renter households. This error inflated the
allocations for Insular Areas in the aggregate amount of $120,913. The
over-allocation to Insular Areas occurred at the expense of certain
states for which allocations were reduced to ensure that other states
reached the $3,000,000 minimum. HUD is required to correct the error
for the Fiscal Year 2016 HTF grants. Accordingly, the HTF allocations
for the Insular Areas are reduced as follows: America Samoa, -$9,567;
Guam -$55,330; Northern Marianas, -$23,470; and Virgin Islands, -
$32,546. In addition, the formula allocations for 15 states and the
Commonwealth of Puerto Rico increased slightly. Appendix A to this
notice provides the names and the corrected amounts of the Fiscal Year
2016 HTF awards.
Dated: April 10, 2017.
Clifford Taffet,
General Deputy Assistant Secretary for Community Planning and
Development.
Appendix A: FY 2016 Housing Trust Fund Allocation Amounts
----------------------------------------------------------------------------------------------------------------
Original FY 2016 Corrected FY 2016 Percent difference
Name formula allocation formula allocation Difference (%)
----------------------------------------------------------------------------------------------------------------
Alabama......................... $3,000,000.00 $3,000,000.00 $0.00 0.00
Alaska.......................... 3,000,000.00 3,000,000.00 0.00 0.00
Arizona......................... 3,000,000.00 3,000,000.00 0.00 0.00
Arkansas........................ 3,000,000.00 3,000,000.00 0.00 0.00
California...................... 10,128,144.00 10,156,439.59 28,295.59 0.28
Colorado........................ 3,000,000.00 3,000,000.00 0.00 0.00
Connecticut..................... 3,000,000.00 3,000,000.00 0.00 0.00
Delaware........................ 3,000,000.00 3,000,000.00 0.00 0.00
District of Columbia............ 3,000,000.00 3,000,000.00 0.00 0.00
Florida......................... 4,598,821.00 4,607,302.00 8,481.00 0.18
Georgia......................... 3,314,612.00 3,318,674.00 4,062.00 0.12
Hawaii.......................... 3,000,000.00 3,000,000.00 0.00 0.00
Idaho........................... 3,000,000.00 3,000,000.00 0.00 0.00
Illinois........................ 4,302,012.00 4,310,055.00 8,043.00 0.19
Indiana......................... 3,000,000.00 3,000,000.00 0.00 0.00
Iowa............................ 3,000,000.00 3,000,000.00 0.00 0.00
Kansas.......................... 3,000,000.00 3,000,000.00 0.00 0.00
Kentucky........................ 3,000,000.00 3,000,000.00 0.00 0.00
Louisiana....................... 3,000,000.00 3,000,000.00 0.00 0.00
Maine........................... 3,000,000.00 3,000,000.00 0.00 0.00
Maryland........................ 3,000,000.00 3,000,000.00 0.00 0.00
Massachusetts................... 3,419,569.00 3,423,773.00 4,204.00 0.12
[[Page 17852]]
Michigan........................ 3,522,622.00 3,527,747.00 5,125.00 0.15
Minnesota....................... 3,000,000.00 3,000,000.00 0.00 0.00
Mississippi..................... 3,000,000.00 3,000,000.00 0.00 0.00
Missouri........................ 3,000,000.00 3,000,000.00 0.00 0.00
Montana......................... 3,000,000.00 3,000,000.00 0.00 0.00
Nebraska........................ 3,000,000.00 3,000,000.00 0.00 0.00
Nevada.......................... 3,000,000.00 3,000,000.00 0.00 0.00
New Hampshire................... 3,000,000.00 3,000,000.00 0.00 0.00
New Jersey...................... 3,733,566.00 3,738,267.00 4,701.00 0.13
New Mexico...................... 3,000,000.00 3,000,000.00 0.00 0.00
New York........................ 7,013,963.00 7,033,924.00 19,961.00 0.28
North Carolina.................. 3,280,235.00 3,284,215.00 3,980.00 0.12
North Dakota.................... 3,000,000.00 3,000,000.00 0.00 0.00
Ohio............................ 3,740,578.00 3,747,502.00 6,924.00 0.19
Oklahoma........................ 3,000,000.00 3,000,000.00 0.00 0.00
Oregon.......................... 3,000,000.00 3,000,000.00 0.00 0.00
Pennsylvania.................... 3,862,285.00 3,868,768.00 6,483.00 0.17
Rhode Island.................... 3,000,000.00 3,000,000.00 0.00 0.00
South Carolina.................. 3,000,000.00 3,000,000.00 0.00 0.00
South Dakota.................... 3,000,000.00 3,000,000.00 0.00 0.00
Tennessee....................... 3,000,000.00 3,000,000.00 0.00 0.00
Texas........................... 4,778,364.00 4,789,476.00 11,112.00 0.23
Utah............................ 3,000,000.00 3,000,000.00 0.00 0.00
Vermont......................... 3,000,000.00 3,000,000.00 0.00 0.00
Virginia........................ 3,139,830.00 3,142,439.00 2,609.00 0.08
Washington...................... 3,243,721.00 3,246,662.00 2,941.00 0.09
West Virginia................... 3,000,000.00 3,000,000.00 0.00 0.00
Wisconsin....................... 3,004,558.00 3,007,084.00 2,526.00 0.08
Wyoming......................... 3,000,000.00 3,000,000.00 0.00 0.00
Puerto Rico..................... 326,054.00 327,519.00 1,465.00 0.45
America Samoa................... 12,321.00 2,754.00 -9,567.00 -77.65
Guam............................ 77,609.00 22,279.00 -55,330.00 -71.29
Northern Marianas............... 35,735.00 12,265.00 -23,470.00 -65.68
Virgin Islands.................. 56,562.00 24,016.00 -32,546.00 -57.54
----------------------------------------------------------------------------------------------------------------
[FR Doc. 2017-07487 Filed 4-12-17; 8:45 am]
BILLING CODE 4210-67-P
