Notice of Regulatory Waiver Requests Granted for the Second Quarter of Calendar Year 2005, 67540-67566 [05-21985]

Agencies

• DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Federal Register Volume 70, Number 214 (Monday, November 7, 2005)]
[Notices]
[Pages 67540-67566]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-21985]



[[Page 67539]]

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Part II





Department of Housing and Urban Development





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Notice of Regulatory Waiver Requests Granted for the Second Quarter of 
Calendar Year 2005; Notice

Federal Register / Vol. 70, No. 214 / Monday, November 7, 2005 / 
Notices

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4997-N-02]


Notice of Regulatory Waiver Requests Granted for the Second 
Quarter of Calendar Year 2005

AGENCY: Office of the General Counsel, HUD.

ACTION: Notice.

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SUMMARY: Section 106 of the Department of Housing and Urban Development 
Reform Act of 1989 (the HUD Reform Act) requires HUD to publish 
quarterly Federal Register notices of all regulatory waivers that HUD 
has approved. Each notice covers the quarterly period since the 
previous Federal Register notice. The purpose of this notice is to 
comply with the requirements of section 106 of the HUD Reform Act. This 
notice contains a list of regulatory waivers granted by HUD during the 
period beginning on April 1, 2005, and ending on June 30, 2005.

FOR FURTHER INFORMATION CONTACT: For general information about this 
notice, contact Aaron Santa Anna, Assistant General Counsel for 
Regulations, Room 10276, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-0500, telephone 202-708-
3055 (this is not a toll-free number). Persons with hearing-or speech-
impairments may access this number through TTY by calling the toll-free 
Federal Information Relay Service at 800-877-8339.
    For information concerning a particular waiver that was granted and 
for which public notice is provided in this document, contact the 
person whose name and address follow the description of the waiver 
granted in the accompanying list of waivers that have been granted in 
the second quarter of calendar year 2005.

SUPPLEMENTARY INFORMATION: Section 106 of the HUD Reform Act added a 
new section 7(q) to the Department of Housing and Urban Development Act 
(42 U.S.C. 3535(q)), which provides that:
    1. Any waiver of a regulation must be in writing and must specify 
the grounds for approving the waiver;
    2. Authority to approve a waiver of a regulation may be delegated 
by the Secretary only to an individual of Assistant Secretary or 
equivalent rank, and the person to whom authority to waive is delegated 
must also have authority to issue the particular regulation to be 
waived;
    3. Not less than quarterly, the Secretary must notify the public of 
all waivers of regulations that HUD has approved, by publishing a 
notice in the Federal Register. These notices (each covering the period 
since the most recent previous notification) shall:
    a. Identify the project, activity, or undertaking involved;
    b. Describe the nature of the provision waived and the designation 
of the provision;
    c. Indicate the name and title of the person who granted the waiver 
request;
    d. Describe briefly the grounds for approval of the request; and
    e. State how additional information about a particular waiver may 
be obtained.
    Section 106 of the HUD Reform Act also contains requirements 
applicable to waivers of HUD handbook provisions that are not relevant 
to the purpose of this notice.
    This notice follows procedures provided in HUD's Statement of 
Policy on Waiver of Regulations and Directives issued on April 22, 1991 
(56 FR 16337) (1991 Policy Statement). This notice covers waivers of 
regulations granted by HUD from April 1, 2005, through June 30, 2005. 
For ease of reference, the waivers granted by HUD are listed by HUD 
program office (for example, the Office of Community Panning and 
Development, the Office of Fair Housing and Equal Opportunity, the 
Office of Housing, and the Office of Public and Indian Housing, etc.). 
Within each program office grouping, the waivers are listed 
sequentially by the regulatory section of title 24 of the Code of 
Federal Regulations (CFR) that is being waived. For example, a waiver 
of a provision in 24 CFR part 58 would be listed before a waiver of a 
provision in 24 CFR part 570.
    Where more than one regulatory provision is involved in the grant 
of a particular waiver request, the action is listed under the section 
number of the first regulatory requirement that appears in 24 CFR and 
that is being waived. For example, a waiver of both Sec.  58.73 and 
Sec.  58.74 would appear sequentially in the listing under Sec.  58.73.
    Waiver of regulations that involve the same initial regulatory 
citation are in time sequence beginning with the earliest-dated 
regulatory waiver.
    Should HUD receive additional information about regulatory waivers 
granted during the period covered by this report (the second quarter of 
calendar year 2005) before the next report is published (the third 
quarter of calendar year 2005), HUD will include any additional waivers 
granted for the second quarter in the next report.
    This report of regulatory waivers does not contain a summary of 
waivers that were granted to waive the electronic grant application 
submission requirement as provided in HUD's Fiscal Year (FY) 2005 Super 
Notice of Funding Availability (FY2005 SuperNOFA), published on March 
21, 2005 (70 FR 13576, see 70 FR 13584). These waivers have been 
determined not to be subject to the requirements of section 106 of the 
HUD Reform Act. The requirement to submit applications electronically, 
as provided under the FY2005 SuperNOFA is not viewed as a regulatory 
requirement. The SuperNOFA's reference to HUD's regulation in 24 CFR 
5.110 (which govern regulatory waivers) was included only to clarify 
that the grounds for waiving the electronic submission requirement 
would be a good cause showing, similar to regulatory waivers.
    The process by which a waiver of the electronic application 
submission requirement could be obtained was set out in detail in the 
FY2005 SuperNOFA, making this process comparable to express authorities 
that allow the Department to relax otherwise applicable requirements 
and which authorities are exempt from the section 106 requirements (see 
1991 Policy Statement at 56 FR 16338). Additionally, one of the 
objectives of the section 106 requirements is to ensure that the public 
knows what regulations are being waived, who requested the waiver, and 
whether the waiver request was granted. The FY2005 SuperNOFA already 
discloses that the electronic submission requirement is eligible for 
waiver. The information that is not disclosed at this time is 
identifying the applicant that is requesting the waiver of this 
requirement and whether the waiver was granted. That information is 
being withheld at this time to avoid a violation of section 103 of the 
HUD Reform Act and HUD's implementing regulation at 25 CFR 
4.26(c)(2)(i), which prohibits disclosure of the identify of any 
applicant before the deadline for the submission of application. That 
information, however, will become part of the applicant's application 
file. In accordance with section 102(a)(4)(E) of the HUD Reform Act, 
and HUD's implementing regulation at 24 CFR 4.5, those files will be 
available for public inspection commencing 30 days after the award of 
grants is made and will remain available for at least five years.
    Accordingly, information about approved waiver requests pertaining 
to HUD regulations is provided in the Appendix that follows this 
notice.


[[Page 67541]]


    Dated: October 24, 2005.
Keith E. Gottfried,
General Counsel.

Appendix--Listing of Waivers of Regulatory Requirements Granted by 
Offices of the Department of Housing and Urban Development April 1, 
2005, Through June 30, 2005

    Note to Reader: More information about the granting of these 
waivers, including a copy of the waiver request and approval, may be 
obtained by contacting the person whose name is listed as the 
contact person directly after each set of regulatory waivers 
granted.


    The regulatory waivers granted appear in the following order:
    I. Regulatory Waivers Granted by the Office of Community Planning 
and Development.
    II. Regulatory Waivers Granted by the Office of Housing.
    III. Regulatory Waivers Granted by the Office of Public and Indian 
Housing.

I. Regulatory Waivers Granted by the Office of Community Planning and 
Development

    For further information about the following regulatory waivers, 
please see the name of the contact person who immediately follows the 
description of the waiver granted.

     Regulation: 24 CFR 92.503(b).
    Project/Activity: The City of Greensboro, North Carolina, requested 
a waiver of 24 CFR 92.503(b) of the HOME Program regulations (24 CFR 
part 92).
    Nature of Requirements: Section 92.503(b) requires a participating 
jurisdiction to repay to its HOME account any HOME funds invested in a 
project that fails to meet the affordability requirements for the 
period specified in 24 CFR 92.252.
    Granted by: Pamela H. Patenaude, Assistant Secretary for Community 
Planning and Development.
    Date Granted: May 20, 2005.
    Reasons Waived: The City has worked diligently to devise a plan 
that ensures that the HOME affordability requirements will be met and 
maintain the number of affordable housing opportunities available to 
low-income persons in the community.
    Contact: Shawna Burrell, Office of Community Planning and 
Development, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410-7000, telephone (202) 708-2684.

     Regulation: 24 CFR 92.251(a)(2).
    Project/Activity: The State of Oregon requested a waiver of the 
HOME Program 24 CFR 92.251(a)(2) for assistance provided under its 
American Dream Downpayment Initiative (ADDI) Program.
    Nature of Requirement: Section 92.251(a)(2) states that HOME-
assisted housing must meet all applicable state and local housing 
quality standards and code requirements. If no such standards exist, 
the housing must meet the housing quality standards at 24 CFR 982.401 
for HUD's Housing Choice Voucher Program.
    Granted by: Pamela H. Patenaude, Assistant Secretary for Community 
Planning and Development.
    Date Granted: June 17, 2005.
    Reasons Waived: The state's use of Minimum Property Standards (MPS) 
would ensure that ADDI units are decent and free of safety hazards, 
while eliminating potentially duplicative inspections and ensuring 
equal access to the ADDI program in rural areas of the state.
    Contact: Martha Murray, Office of Community Planning and 
Development, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410-7000, telephone (202) 708-2684.

     Regulation: 24 CFR 91.15(a)(2).
    Project/Activity: The State of Indianapolis, Indiana requested a 
waiver of 24 CFR 91.15(a)(2) of the consolidated plan submission 
regulations.
    Nature of Requirement: Section 24 CFR 91.15(a)(2) requires a 
participating jurisdiction to submit its consolidated action plan no 
later than August 16 of the federal fiscal year for which grant funds 
were appropriated.
    Granted by: Pamela H. Patenaude, Assistant Secretary for Community 
Planning and Development.
    Date Granted: June 16, 2005.
    Reasons Waived: Indianapolis is seeking a waiver of 24 CFR 
91.15(a)(2) to extend its submission deadline for its FY2004 
consolidated action plan until forty-five days after it is notified of 
HUD's approval of its waiver request. This will enable the City to 
amend its FY2004 consolidated action plan to include its FY2003 and 
FY2004 ADDI programs, this waiver will enable Indianapolis to use its 
FY2003 and FY2004 ADDI program funds to assist first time homebuyers.
    Contact: Ginger Macomber, Office of Community Planning and 
Development, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410-7000, telephone (202) 708-2684.

     Regulation: 24 CFR 92.214(a)(6).
    Project/Activity: Washington County, Oregon has requested a waiver 
under 24 CFR 92.214(a)(6) of the Home program regulations.
    Nature of Requirement: This section of the HOME Final Rule states 
that except for the 12 months following project completion, additional 
HOME assistance may not be provided to a previously assisted HOME 
project during the period of affordability.
    Granted by: Pamela H. Patenaude, Assistant Secretary for Community 
Planning and Development.
    Date Granted: June 17, 2005.
    Reasons Waived: The County and its partners worked to stabilized 
the vacancy rate, access rehabilitation needs, and leverage additional 
resources. Through a capital needs assessment, they developed a 
detailed repair and replacement plan that will make Fircrest Manor 
competitive in the market and more financially viable.
    Contact: Martha Murray, Office of Community Planning and 
Development, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410-7000, telephone (202) 708-2684.

II. Regulatory Waivers Granted by the Office of Housing--Federal 
Housing Administration (FHA)

    For further information about the following regulatory waivers, 
please see the name of the contact person that immediately follows the 
description of the waiver granted.
     Regulation: 24 CFR 266.200(d).
    Project/Activity: Mt. Carmel Apartments, Worcester, Massachusetts.
    Nature of Requirement: The regulation requires mortgage insurance 
on risk-sharing transactions by housing finance agencies, rents must be 
underwritten at the lower of Section 8 rents or market rents for those 
projects with section 8 subsidies.
    Granted by: John C. Weicher, Assistant Secretary for Housing--
Federal Housing Commissioner.
    Date Granted: April 1, 2005.
    Reason Waived: Housing Notice 04-21, issued November 12, 2004, 
allowed direct loans under section 202 of the National Housing Act with 
section 8 subsidies to be refinanced using, for underwriting purposes, 
section 8 rents, even if market rents were lower. This change makes it 
possible to refinance many more of these apartments for the elderly, 
providing money for repairs and for supportive services. Regulations 
for risk-sharing require rents at the lower of market rate or section 
8, as indicated in the nature of requirement. To put risk-sharing loans 
on the same basis as loans under the National Housing Act requires a 
change in regulations, which will be implemented. Pending the change, 
the waiver on Mt. Carmel was granted for the Massachusetts Housing 
Finance

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Agency to allow underwriting using section 8 rents.
    Contact: Michael L. McCullough, Director, Office of Multifamily 
Development, Department of Housing and Urban Development, 451 Seventh 
Street SW., Washington, DC 20410-7000, telephone (202) 708-1142.

     Regulation: 24 CFR 290.30(a).
    Project/Activity: New York, New York (Renaissance Court--Project 
Number 012-57231Z). The owner of Renaissance Court has requested 
prepayment approval of their HUD-held mortgage and assignment of the 
mortgage to the new mortgagee, Woori American Bank, for mortgage tax 
savings.
    Nature of Requirement: Section 290.3(a) states that ``[e]xcept as 
otherwise provided in Sec.  Sec.  290.30(a)(2), HUD will sell HUD-held 
multifamily mortgages on a competitive basis.'' Section 290.31(a)(2) 
permits negotiated sales to state or local governments for mortgage 
loans that are current and secured by subsidized projects, provided 
such loans are sold with FHA insurance.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing--Deputy Federal Housing Commissioner.
    Date Granted: May 25, 2005.
    Reason Waived: The owner of Renaissance Court has requested, and 
HUD approved, prepayment of its mortgage on this property. In lieu of 
paying off the mortgage directly, Renaissance Associates (the 
``Borrower'') requested that the HUD loan secured by the project be 
assigned to Woori American Bank for mortgage tax savings purposes. 
Woori American Bank agreed to this assignment and to pay the full 
amount of the HUD loan (as of March 11, 2005 the loan amount is 
$2,297,930.60). This waiver allows the non-competitive sale of the HUD-
held mortgage securing the project without FHA insurance.
    Contact: Beverly J. Miller, Director, Office of Asset Management, 
U.S. Department of Housing and Urban Development, 451 Seventh Street, 
SW., Room 6160, Washington, DC 20410-7000, telephone (202) 708-3730.

     Regulation: 24 CFR 401.461.
    Project/Activity: The following projects requested a waiver to the 
simple interest requirement on the second mortgage to allow compound 
interest at the applicable Federal Rate. (24 CFR 401.461):

------------------------------------------------------------------------
              FHA No.                      Project             State
------------------------------------------------------------------------
07135614..........................  Kensington Square I..  CT
10935073..........................  Bicentennial           WY
                                     Apartments.
------------------------------------------------------------------------

    Nature of Requirement: Section 401.461 requires second mortgages to 
have an interest rate not more than the applicable federal rate. 
Section 401.461(b)(1) states that interest will accrue but not 
compound. The intent of simple interest instead of compound interest is 
to limit the size of the second mortgage accruals to increase the 
likelihood of long-term financial and physical integrity.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: May 18, 2005.
    Reason Waived: This regulatory restriction would be construed as a 
form of federal subsidy, thereby creating a loss of tax credit equity. 
This loss will adversely affect the ability to close the restructuring 
plan and could cause the loss or deterioration of these affordable 
housing projects. Therefore, compound interest is necessary for the 
owner to obtain Low Income Housing Tax Credits under favorable terms 
and in order to maximize the savings to the federal government.
    Contact: Dennis Manning, Office of Affordable Housing Preservation, 
Department of Housing and Urban Development, 451 Seventh Street, SW., 
Washington, DC 20410-8000, telephone (202) 708-0001.

     Regulation: 24 CFR 401.600.
    Project/Activity: The following projects requested waivers to the 
12-month limit at above-market rents (24 CFR 401.600):

------------------------------------------------------------------------
              FHA No.                      Project             State
------------------------------------------------------------------------
06535351..........................  Canton Estates         MS
                                     Apartments.
04244054..........................  Channelwood Village    OH
                                     (aka Callis Tower).
05935039..........................  Cooper Road Plaza      LA
                                     Apartments.
05235312..........................  Cumberland Manor.....  MD
06535040..........................  Eastgate Garden        MS
                                     Apartments.
06535005..........................  Francis Street         MS
                                     Apartments.
08735149..........................  Indian Hills           TN
                                     Apartments.
12735200..........................  Lake Chelan Community  WA
                                     Apartments.
06544802..........................  Madonna Manor........  MS
06544042..........................  Northwood Village....  MS
06535091..........................  Southwest Village      MS
                                     Apartments.
05294031..........................  YORK PARK APTS.......  MD
------------------------------------------------------------------------

    Nature of Requirement: Section 401.600 requires projects be marked 
down to market rents within 12 months of their first expiration date 
after January 1, 1998. The intent of this provision is to ensure timely 
processing of requests for restructuring and that the properties will 
not default on their FHA insured mortgages during the restructuring 
process.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 1, 2005.
    Reason Waived: The projects listed above were not assigned to the 
participating administrative entities (PAEs) in a timely manner or the 
restructuring analysis was unavoidably delayed due to no fault of the 
owner.
    Contact: Norman Dailey, Office of Affordable Housing Preservation, 
Department of Housing and Urban Development, 451 Seventh Street, SW., 
Washington, DC 20410-8000, telephone (202) 708-0001.

     Regulation: 24 CFR 401.600.
    Project/Activity: The following projects requested waivers to the 
12-

[[Page 67543]]

month limit at above-market rents (24 CFR 401.600):

------------------------------------------------------------------------
              FHA No.                      Project             State
------------------------------------------------------------------------
04535018..........................  Calhoun Homes........  WV
06144105..........................  Cedar Avenue           GA
                                     Apartments.
06435239..........................  Chateau Du Lac.......  LA
2336614...........................  Field Corner Granite.  MA
08735144..........................  Gate Manor Apartments  TN
04335176..........................  Hillside Apartments..  OH
08644021..........................  Knollcrest Manor       TN
                                     Apartments.
04635046..........................  Parkview Arms I......  OH
04635388..........................  Parkview Arms II.....  OH
04344061..........................  Rosa Parks Apartments  OH
10935006..........................  Sertoma Senior         WY
                                     Citizens Housing,
                                     Inc.
06592501..........................  William H. Bell        MS
                                     Apartments.
------------------------------------------------------------------------

    Nature of Requirement: Section 401.600 requires projects be marked 
down to market rents within 12 months of their first expiration date 
after January 1, 1998. The intent of this provision is to ensure timely 
processing of requests for restructuring and that the properties will 
not default on their FHA insured mortgages during the restructuring 
process.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: May 18, 2005.
    Reason Waived: The projects listed above were not assigned to the 
participating administrative entities (PAEs) in a timely manner or the 
restructuring analysis was unavoidably delayed due to no fault of the 
owner.
    Contact: Norman Dailey, Office of Affordable Housing Preservation, 
Department of Housing and Urban Development, 451 7th Street, SW., 
Washington, DC 20410-8000, telephone (202) 708-0001.
     Regulation: 24 CFR 401.600.
    Project/Activity: The following projects requested waivers to the 
12-month limit at above-market rents (24 CFR 401.600):

------------------------------------------------------------------------
              FHA No.                      Project             State
------------------------------------------------------------------------
11535163..........................  Alamo Village          TX
                                     Apartments.
08635149..........................  Algood Manor           TN
                                     Apartments.
06244012..........................  Alta Vista Apartments  AL
06135536..........................  Amberwood Apartments.  GA
08344081..........................  Belmont Court          KY
                                     Apartments.
06544052..........................  Broadway Estates.....  MS
12344027..........................  Broadway House.......  AZ
11735033..........................  Columbia Square Apts.  OK
04235335..........................  Conneaut Apartments..  OH
06535066..........................  Delta Apts...........  MS
06535082..........................  Edgewood Manor         MS
                                     Apartments.
07344403..........................  Fowler Apartments....  IN
08335012..........................  Highland Heights.....  KY
08638005..........................  Madison View Towers..  TN
04344088..........................  Maplewood Apartments.  OH
04244043..........................  Moody Manor..........  OH
06544042..........................  Northwood Village....  MS
06235007..........................  Pines Apts...........  AL
08635062..........................  Spring Haven           TN
                                     Apartments.
17155001..........................  Tri Cities Vista Low   WA
                                     Cost Housing.
09144048..........................  Village Green........  SD
------------------------------------------------------------------------

    Nature of Requirement: Section 401.600 requires projects be marked 
down to market rents within 12 months of their first expiration date 
after January 1, 1998. The intent of this provision is to ensure timely 
processing of requests for restructuring and that the properties will 
not default on their FHA insured mortgages during the restructuring 
process.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 20, 2005.
    Reason Waived: The projects listed above were not assigned to the 
participating administrative entities (PAEs) in a timely manner or the 
restructuring analysis was unavoidably delayed due to no fault of the 
owner.
    Contact: Norman Dailey, Office of Affordable Housing Preservation, 
Department of Housing and Urban Development, 451 Seventh Street, SW., 
Washington, DC 20410-8000, telephone (202) 708-0001.

     Regulation: 24 CFR 883.606(b).
    Project/Activity: Delaware State Housing Authority (Dover, 
Delaware)--Issuance of Refunding Bonds under section 1012 of McKinney-
Vento Act (McKinney Act). HUD did not enforce a regulatory prohibition 
of collection of both contract administration fees and bond yield 
override and neglected to issue formal waivers at the time of approval 
of the transaction in 1991.
    Nature of Requirement: This section of the regulation prohibits the 
collection of an override and a housing assistance payments contract 
administration fee in connection with the same section 8 project. The 
issuer collects the override and administrative fee in the projects

[[Page 67544]]

included in its McKinney Act bond funding.
    Granted by: John C. Weicher, Assistant Secretary for Housing--
Federal Housing Commissioner.
    Date Granted: April 20, 2005.
    Reason Waived: The waiver was granted based on a finding that the 
issuer has used these funds in support of affordable housing. HUD, in 
approving bond refunding proposals submitted by state housing agencies 
in the early 1990's, did not issue timely waiver of the regulatory 
prohibition and corrects that oversight by the waiver granted herein.
    Contact: Beverly J. Miller, Director, Office of Asset Management, 
U.S. Department of Housing and Urban Development, 451 7th Street, SW., 
Room 6l60, Washington, DC 20410-7000, telephone (202) 708-3730.

     Regulation: 24 CFR 883.606(b).
    Project/Activity: Iowa Finance Authority (Des Moines, Iowa)--
Issuance of Refunding Bonds under section 1012 of McKinney Act. HUD did 
not enforce a regulatory prohibition of collection of both contract 
administration fees and bond yield override and neglected to issue 
formal waivers at the time of approval of the transaction in 1991.
    Nature of Requirement: This section of the regulation prohibits the 
collection of an override and a housing assistance payments contract 
administration fee in connection with the same section 8 project. The 
issuer collects the override and administrative fee in the projects 
included in its McKinney Act bond funding.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing--Deputy Federal Housing Commissioner.
    Date Granted: May 24, 2005.
    Reason Waived: The waiver was granted based on a finding that the 
issuer has used these funds in support of affordable housing. HUD, in 
approving bond refunding proposals submitted by state housing agencies 
in the early 1990's, did not issue timely waiver of the regulatory 
prohibition and corrects that oversight by the waiver granted herein.
    Contact: Beverly J. Miller, Director, Office of Asset Management, 
U.S. Department of Housing and Urban Development, 451 7th Street, SW., 
Room 6160, Washington, DC 20410-7000, telephone (202) 708-3730.

     Regulation: 24 CFR 883.606(b).
    Project/Activity: Maryland Department of Housing and Community 
Development (Crownsville, Maryland)--Issuance of Refunding Bonds under 
section 1012 of McKinney Act. HUD did not enforce a regulatory 
prohibition of collection of both contract administration fees and bond 
yield override and neglected to issue formal waivers at the time of 
approval of the transaction in 1991.
    Nature of Requirement: This section of the regulation prohibits the 
collection of an override and a housing assistance payments contract 
administration fee in connection with the same section 8 project. The 
issuer collects the override and administrative fee in the projects 
included in its McKinney Act bond funding.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing--Deputy Federal Housing Commissioner.
    Date Granted: May 26, 2005.
    Reason Waived: The waiver was granted based on a finding that the 
issuer has used these funds in support of affordable housing. HUD, in 
approving bond refunding proposals submitted by state housing agencies 
in the early 1990's, did not issue timely waiver of the regulatory 
prohibition and corrects that oversight by the waiver granted herein.
    Contact: Beverly J. Miller, Director, Office of Asset Management, 
U.S. Department of Housing and Urban Development, 451 Seventh Street, 
SW., Room 6l60, Washington, DC 20410-7000, telephone (202) 708-3730.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Divine Providence Apartments, Eunice, Louisiana, 
Project Number: 064-EE157/LA48-S031-011.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 7, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Villas at Bayou Park, Houston, Texas, Project 
Number: 114-HD019/TX24-Q011-001.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 8, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Peele Manor, Blackstone, Virginia, Project 
Number: 051-EE100/VA36-S031-004.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 8, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Freedom House, Newport, Rhode Island, Project 
Number: 016-HD039/RI43-Q021-004.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 8, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Oak Haven Apartments, Waterford, Pennsylvania, 
Project Number: 033-EE113/PA28-S031-001.

[[Page 67545]]

    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 11, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Kona Kakua, Kailua-Kona, Hawaii, Project Number: 
140-HD028/HI10-Q001-003.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 13, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: St. Gabriel Manor, St. Martinsville, Louisiana, 
Project Number: 064-EE141/LA48-S021-008.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 19, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Poplar Place, Erie, Pennsylvania, Project Number: 
033-HD080/PA28-Q031-001.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 20, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Cherbonay at Marsalis Independent Living Center, 
Dallas, Texas, Project Number: 113-HD030/TX16-Q031-005.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 22, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Vine Street Manor at Bethel Square, Kansas City, 
Missouri, Project Number: 084-EE056/MO16-S031-001.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 27, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Shenandoah Haven, Lafayette, Tennessee, Project 
Number: 086-HD031/TN43-Q031-001.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 27, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: CLA Homes I, Springfield, Vinginia, Project 
Number: 000-HD053/DC39-Q021-001.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 29, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Temple Street Elderly Housing, Nahua, New 
Hampshire, Project Number: 024-EE074/NH36-S031-004.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing--Deputy Federal Housing Commissioner.
    Date Granted: May 6, 2005.

[[Page 67546]]

    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Worley's Place, Jacksonville, Arizona, Project 
Number: 082-EE156/AR37-S031-009.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Assistant Secretary for 
Housing--Deputy Federal Housing Commissioner.
    Date Granted: May 6, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: The Cove Center, East Providence, Rhode Island, 
Project Number: 016-HD038/RI43-Q021-003.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing--Deputy Federal Housing Commissioner.
    Date Granted: May 9, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: St. Vincent DePaul Residence, Chicago, Illinois, 
Project Number: 071-EE192/IL06-S031-016.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: May 17, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Ottawa River Esttes, Toledo, Ohio, Project 
Number: 042-HD072/OH12-Q971-004.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: May 19, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Charles North Housing, Baltimore, Maryland, 
Project Number: 052-HD062/MD06-Q031-004.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: May 25, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Tents of Grace Manor, Village of Gnadenhutten, 
Ohio, Project Number: 042-EE157/OH12-S031-010.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: May 27, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: New Life Homes 5, Albuquerque, New Mexico, 
Project Number: 116-HD027/NM16-Q041-003.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: May 27, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Shakopee Supportive Housing, Shakopee, Minnesota, 
Project Number: 092-HD062/MN46-Q031-002.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 7, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.


[[Page 67547]]


     Regulation: 24 CFR 891.100(d).
    Project/Activity: Lake Senior Housing, Lake Township, Ohio, Project 
Number: 042-EE146/OH12-S021-009.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 7, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Heartland Christian Towers, Nashville, Tennessee, 
Project Number: 086-EE048/TN43-S031-002.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 8, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Anixter Village, Chicago, Illinois, Project 
Number: 071-HD128/IL06-Q021-006.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 10, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: St. George Housing Corporation, Superior, 
Wisconsin, Project Number: 075-HD074/WI39-Q021-005.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 15, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Bicentennial Apartments, Gillette, Wyoming, 
Project Number: 109-EE013/WY99-S031-002.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 17, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Delta 10, Cairo, Illinois, Project Number: 072-
HD136/IL06-Q031-012.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 17, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: The Shire, Pikesville, Maryland, Project Number: 
052-HD061/MD06-Q031-003.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 17, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: St. Pius Place, Cincinnati, Ohio, Project Number: 
046-EE065/OH10-S021-004.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 20, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Village of Oakman Manor, Detroit, Michigan, 
Project Number: 044-EE087/MI28-S031-003.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.

[[Page 67548]]

    Date Granted: June 20, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.100(d).
    Project/Activity: Hungry Run Housing Corporation, Rib Lake, 
Wisconsin, Project Number: 075-EE124/WI39-S031-004.
    Nature of Requirement: Section 891.100(d) prohibits amendment of 
the amount of the approved capital advance funds prior to initial 
closing.
    Granted by: Frank L. Davis, General Deputy Assistant Secretary for 
Housing-Deputy Federal Housing Commissioner.
    Date Granted: June 21, 2005.
    Reason Waived: The project is economically designed and comparable 
in cost to similar projects in the area, and the sponsor/owner has 
exhausted all efforts to obtain additional funding from other sources.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: Unity Gardens Senior Apartments, Windham, Maine, 
Project Number: 024-EE053/ME36-S001-001.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 5, 2005.
    Reason Waived: Additional time was needed to prepare for initial 
closing.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: The Daisy House, Rochester, New York, Project 
Number: 014-EE208/NY06-S011-007.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 8, 2005.
    Reason Waived: Additional time was needed due to the Phase II 
Environmental Site Assessment.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: Vermont Seniors, Los Angeles, California, Project 
Number: 122-EE148/CA16-Q981-017.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 21, 2005.
    Reason Waived: Additional time was needed for the City Council to 
approve the release of funds.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: Harvard Square, Irvine, California, Project 
Number: 143-HD011/CA43-Q001-001.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 27, 2005.
    Reason Waived: Additional time was needed to prepare for initial 
closing.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: Senior Residence at Kapolei, Kapolei, Hawaii, 
Project Number: 140-EE024/HI10-S011-001.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: April 27, 2005.
    Reason Waived: Additional time was needed for the sponsor/owner to 
secure secondary financing.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: South Seven Senior Housing, Port Hadlock, 
Washington, Project Number: 127-EE036/WA19-S021-001.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: May 6, 2005.
    Reason Waived: Additional time was needed due to the long and 
extensive permit process.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: Woonsocket Neighborhood Development Corporation, 
North Smithfield, Rhode Island, Project Number: 016-EE046/RI43-S021-
003.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: May 6, 2005.
    Reason Waived: Additional time was needed for HUD to receive and 
issue the firm commitment application.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing

[[Page 67549]]

and Urban Development, 451 Seventh Street, SW., Washington, DC 20410-
8000, telephone (202) 708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: Hale Mahaolu Ehiku, Kihei, Hawaii, Project 
Number: 140-EE028/HI10-S021-001.
    Nature of Requirement: Section 891.165 provides that the duration 
of the fund reservation of the capital advance is 18 months from the 
date of issuance with limited exceptions up to 24 months, as approved 
by HUD on a case-by-case basis.
    Granted by: John C. Weicher, Assistant Secretary for Housing-
Federal Housing Commissioner.
    Date Granted: May 6, 2005.
    Reason Waived: Additional time was needed for the sponsor/owner to 
secure secondary financing.
    Contact: Willie Spearmon, Director, Office of Housing Assistance 
and Grant Administration, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-8000, telephone (202) 
708-3000.

     Regulation: 24 CFR 891.165.
    Project/Activity: Windham Willows, Windham, New York, Project 
Number: 014-EE210/NY06-S011-009.
    Nature of Requirement: Section 891.165 provides that the duration 
of the