Federal Property Suitable as Facilities To Assist the Homeless, 10669 [05-3912]

Download as PDF 10669 Federal Register / Vol. 70, No. 42 / Friday, March 4, 2005 / Notices meeting by a TSA representative is not intended to be, and should not be construed as, a position of TSA. (7) The meeting is designed to solicit public views and gather additional information. No individual will be subject to cross-examination by any other participant; however, TSA representatives may ask questions to clarify a statement. Issued in Arlington, Virginia, on February 28, 2005. Chad Wolf, Assistant Administrator for Transportation Security Policy. [FR Doc. 05–4179 Filed 3–3–05; 8:45 am] Dated: February 24, 2005. Mark R. Johnston, Director, Office of Special Needs Assistance Programs. [FR Doc. 05–3912 Filed 3–3–05; 8:45 am] BILLING CODE 4210–29–M DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–4917–N–04] Mortgage and Loan Insurance Programs Under the National Housing Act—Debenture Interest Rates Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice. AGENCY: BILLING CODE 4910–62–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT DC 20410–8000; telephone 202–755– 7500 (this is not a toll-free number). Individuals with speech or hearing impairments may access this number through TTY by calling the toll-free Federal Information Relay Service at 800–877–8339. Section 224 of the National Housing Act (12 U.S.C. 1715o) provides that debentures issued under the Act with respect to an insured loan or mortgage (except for debentures issued pursuant to section 221(g)(4) of the Act) will bear interest at the rate in effect on the date the commitment to insure the loan or mortgage was issued, or the date the loan or mortgage was endorsed (or initially endorsed if there are two or more endorsements) for insurance, whichever rate is higher. This provision is implemented in HUD’s regulations at 24 CFR 203.405, 203.479, 207.259(e)(6), and 220.830. These regulatory provisions state that the applicable rates of interest will be published twice each year as a notice in the Federal Register. Section 224 further provides that the interest rate on these debentures will be set from time to time by the Secretary of HUD, with the approval of the Secretary of the Treasury, in an amount not in excess of the annual interest rate determined by the Secretary of the Treasury pursuant to a statutory formula based on the average yield of all outstanding marketable Treasury obligations of maturities of 15 or more years. The Secretary of the Treasury (1) has determined, in accordance with the provisions of section 224, that the statutory maximum interest rate for the period beginning January 1, 2005, is 47⁄8 percent; and (2) has approved the establishment of the debenture interest rate by the Secretary of HUD at 47⁄8 percent for the 6-month period beginning January 1, 2005. This interest rate will be the rate borne by debentures issued with respect to any insured loan or mortgage (except for debentures issued pursuant to section 221(g)(4)) with insurance commitment or endorsement date (as applicable) within the first 6 months of 2005. For convenience of reference, HUD is publishing the following chart of debenture interest rates applicable to mortgages committed or endorsed since January 1, 1980: SUPPLEMENTARY INFORMATION: SUMMARY: This Notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for possible use to assist the homeless. EFFECTIVE DATE: March 4, 2005. FOR FURTHER INFORMATION CONTACT: Kathy Ezzell, Department of Housing and Urban Development, Room 7262, 451 Seventh Street SW., Washington, DC 20410; telephone (202) 708–1234; TTY number for the hearing- and speech-impaired (202) 708–2565, (these telephone numbers are not toll-free), or call the toll-free Title V information line at 1–800–927–7588. SUPPLEMENTARY INFORMATION: In accordance with the December 12, 1988 court order in National Coalition for the Homeless v. Veterans Administration, No. 88–2503–OG (D.D.C.), HUD published a Notice, on a weekly basis, identifying unutilized, underutilized, excess and surplus Federal buildings and real property that HUD has reviewed for suitability for use to assist the homeless. Today’s Notice is for the purpose of announcing that no additional properties have been determined suitable or unsuitable this week. SUMMARY: This notice announces changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Commissioner under the provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g)(4) of the Act during the 6-month period beginning January 1, 2005, is 5 percent. The interest rate for debentures issued under any other provision of the Act is the rate in effect on the date that the commitment to insure the loan or mortgage was issued, or the date that the loan or mortgage was endorsed (or initially endorsed if there are two or more endorsements) for insurance, whichever rate is higher. The interest rate for debentures issued under these other provisions with respect to a loan or mortgage committed or endorsed during the 6-month period beginning January 1, 2005, is 47⁄8 percent. However, as a result of a recent amendment to section 224 of the Act, if an insurance claim relating to a mortgage insured under sections 203 or 234 of the Act and endorsed for insurance after January 23, 2004, is paid in cash, the debenture interest rate for purposes of calculating a claim shall be the monthly average yield, for the month in which the default on the mortgage occurred, on United States Treasury Securities adjusted to a constant maturity of 10 years. FOR FURTHER INFORMATION CONTACT: L. Richard Keyser, Department of Housing and Urban Development, 451 Seventh Street, SW., Room 2232, Washington, Effective interest rate On or after 91⁄2 ........................................................................................................... 97⁄8 ........................................................................................................... 113⁄4 ......................................................................................................... Jan. 1, 1980 ................................... July 1, 1980 ................................... Jan. 1, 1981 ................................... [Docket No. FR–4980–N–09] Federal Property Suitable as Facilities To Assist the Homeless Office of the Assistant Secretary for Community Planning and Development, HUD. ACTION: Notice. AGENCY: VerDate jul<14>2003 19:07 Mar 03, 2005 Jkt 205001 PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 E:\FR\FM\04MRN1.SGM Prior to July 1, 1980. Jan. 1, 1981. July 1, 1981. 04MRN1

Agencies

[Federal Register Volume 70, Number 42 (Friday, March 4, 2005)]
[Notices]
[Page 10669]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3912]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4980-N-09]


Federal Property Suitable as Facilities To Assist the Homeless

AGENCY: Office of the Assistant Secretary for Community Planning and 
Development, HUD.

ACTION: Notice.

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SUMMARY: This Notice identifies unutilized, underutilized, excess, and 
surplus Federal property reviewed by HUD for suitability for possible 
use to assist the homeless.

effective date: March 4, 2005.

FOR FURTHER INFORMATION CONTACT: Kathy Ezzell, Department of Housing 
and Urban Development, Room 7262, 451 Seventh Street SW., Washington, 
DC 20410; telephone (202) 708-1234; TTY number for the hearing- and 
speech-impaired (202) 708-2565, (these telephone numbers are not toll-
free), or call the toll-free Title V information line at 1-800-927-
7588.

SUPPLEMENTARY INFORMATION: In accordance with the December 12, 1988 
court order in National Coalition for the Homeless v. Veterans 
Administration, No. 88-2503-OG (D.D.C.), HUD published a Notice, on a 
weekly basis, identifying unutilized, underutilized, excess and surplus 
Federal buildings and real property that HUD has reviewed for 
suitability for use to assist the homeless. Today's Notice is for the 
purpose of announcing that no additional properties have been 
determined suitable or unsuitable this week.

    Dated: February 24, 2005.
Mark R. Johnston,
Director, Office of Special Needs Assistance Programs.
[FR Doc. 05-3912 Filed 3-3-05; 8:45 am]
BILLING CODE 4210-29-M