Notice of Availability of Funds; Multi-Family Housing, Single Family Housing, 30337-30357 [07-2682]
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Federal Register / Vol. 72, No. 104 / Thursday, May 31, 2007 / Notices
Official agency
Headquarters location and telephone
Designation start–end
East Indiana ..........................................
Fremont .................................................
Muncie, IN, 765–289–1206 ..................................................................................
Fremont, NE, 402–721–1270 ...............................................................................
Additional locations: Denison, IA .........................................................................
Savage, MN, 952–808–8566 ...............................................................................
West Lafayette, IN 765–497–2202 ......................................................................
7/01/2007–6/30/2010
7/01/2007–6/30/2010
State Grain ............................................
Titus ......................................................
Authority: 7 U.S.C. 71 et seq.
James E. Link,
Administrator , Grain Inspection, Packers and
Stockyards Administration.
[FR Doc. 07–2720 Filed 5–30–07; 8:45 am]
BILLING CODE 3410–KD–U
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Availability of Funds; MultiFamily Housing, Single Family
Housing
Rural Housing Service, USDA.
Notice.
AGENCY:
ACTION:
SUMMARY: The Rural Housing Service
(RHS) announces the availability of
housing funds for fiscal year (FY) 2007.
This action is taken to comply with 42
U.S.C. 1490p, which requires that RHS
publish in the Federal Register notice of
the availability of any housing
assistance.
Unless otherwise indicated
below, applications are accepted yearround at a local Rural Development
office.
Effective Date: May 31, 2007.
FOR FURTHER INFORMATION CONTACT: For
information on applying for assistance,
visit our Internet Web site at https://
offices.sc.egov.usda.gov and select your
State. You may also check the blue
pages in your local telephone directory
under ‘‘Rural Development’’ for the
office serving your area.
DATES:
For information regarding this notice
contact Myron Wooden, Loan Assistant,
Single Family Housing Direct Loan
Division, telephone 202–720–4780, for
single family housing (SFH) issues and
Tammy S. Daniels, Senior Loan
Specialist, Multi-Family Housing (MFH)
Processing Division, telephone 202–
720–0021, for multi-family housing
issues, U.S. Department of Agriculture,
1400 Independence Ave., SW.,
Washington, DC 20250. (The telephone
numbers listed are not toll free
numbers.)
SUPPLEMENTARY INFORMATION: The
information in this notice describes how
funds for the various Rural
Development Housing programs are
distributed to the States. Interested
applicants are encouraged to contact the
local USDA Rural Development office
for more information and application
information. Please visit https://
offices.sc.egov.usda.gov for the Rural
Development office nearest you.
Programs Affected
The following programs are subject to
the provisions of Executive Order 12372
that requires intergovernmental
consultation with State and local
officials. These programs or activities
are listed in the Catalog of Federal
Domestic Assistance under Nos.
10.405 Farm Labor Housing (LH)
Loans and Grants
10.410 Very Low to Moderate Income
Housing Loans
10.411 Rural Housing Site Loans and
Self-Help Housing Land Development
Loans
7/01/2007–12/31/2008
7/01/2007–6/30/2010
10.415 Rural Rental Housing Loans
10.417 Very Low Income Housing
Repair Loans and Grants
10.420 Rural Self-Help Housing
Technical Assistance
10.427 Rural Rental Assistance
Payments
10.433 Rural Housing Preservation
Grants
10.442 Housing Application Packaging
Grants
Discussion of Notice
Part 1940, subpart L of 7 CFR contains
the ‘‘Methodology and Formulas for
Allocation of Loan and Grant Program
Funds.’’ To apply for assistance under
these programs or for more information,
contact the USDA Rural Development
Office for your area.
Multi-Family Housing (MFH)
I. General
A. This provides guidance on MFH
funding for the Rural Rental Housing
program (RRH) for FY 2007. Allocation
computations have been performed in
accordance with 7 CFR 1940.575 and
1940.578. For FY 2007, State Directors,
under the Rural Housing Assistance
Grants (RHAG), will have the flexibility
to transfer their initial allocations of
budget authority between the Single
Family Housing (SFH) Section 504
Rural Housing Grants and Section 533
Housing Preservation Grant (HPG)
programs.
B. MFH loan and grant levels for FY
2007 are as follows:
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MFH Loan Programs Credit Sales ..................................................................................................................................................
Section 514 Farm Labor Housing (LH) loans* ..............................................................................................................................
Section 515 Rural Rental Housing (RRH) loans ..........................................................................................................................
Section 521 Rental Assistance (RA) and 502(c)(5)(C) Advance .................................................................................................
Section 516 LH grants ..................................................................................................................................................................
Sections 525 Technical and Supervisory Assistance grants (TSA) and 509 Housing Application Packaging grants (HAPG)
(Shared between single and multi-family housing) ......................................................................................................................
Section 533 Housing Preservation grants (HPG)** ......................................................................................................................
Section 538 Guaranteed Rural Rental Housing Program ............................................................................................................
Preservation Revolving Loan Fund Demonstration Program ..........................................................................................................
Section 515 Multi-Family Housing Preservation and Revitalization Restructuring Demonstration (MPR)*** ..............................
Rural Housing Voucher Program ....................................................................................................................................................
* Does Not Include Carryover Funds.
** Includes Carryover Funds.
*** State at the budget authority level, rather than at the program level.
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$1,484,998
38,116,886
99,000,000
616,020,000
13,860,000
990,000
10,125,728
99,000,000
6,300,769
8,910,000
15,840,000
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II. Funds Not Allocated to States
A. Credit Sales Authority. For FY
2007, $1,484,988 will be set aside for
credit sales to program and nonprogram
buyers. Credit sale funding will not be
allocated by State.
B. Section 538 Guaranteed Rural
Rental Housing Program. Guaranteed
loan funds will be made available under
a Notice of Funding Availability
(NOFA) being published in this Federal
Register. Additional guidance is
provided in the NOFA.
C. Multi-family Housing Preservation
and Revitalization Restructing
Demonstration Program (MPR). The
MPR Program is designed to preserve
and revitalize Section 515 multi-family
rental housing properties. The Program
is designed to utilize several
demonstration revitalization tools to
restructure debt and financing of an
aging portfolio of rental properties. The
objective is to ensure that properties
have sufficient resources to continue
providing safe and affordable housing
for low-income rural residents.
D. Rural Housing Voucher Program.
The Rural Housing Voucher Program,
authorized under Section 542 of the
Housing Act of 1949, is designed to
provide tenant protections in properties
that prepay their mortgages after
September 30, 2005. These Vouchers are
portable and will enable tenants to
continue to access affordable housing
without benefit of the traditional Rental
Assistance Program.
III. Farm Labor Housing (LH) Loans and
Grants
The Administrator has the authority
to transfer the allocation of budget
authority between the two programs.
Upon NOFA closing the Administrator
will evaluate the responses and
determine proper distribution of funds
between loans and grants.
A. Section 514
Farm LH Loans
1. These loans are funded in
accordance with 7 CFR 1940.579(a).
FY 2007 Appropriation .........
Available for Off-Farm Loans
Available for On-Farm Loans
National Office Reserve .......
2. Off-farm loan funds will be made
available under a NOFA being
published in this Federal Register.
Additional guidance is provided in the
NOFA.
B. Section 516
Farm LH Grants
1. Grants are funded in accordance
with 7 CFR 1940.579(b). Unobligated
prior year balances and cancellations
will be added to the amount shown.
FY 2007 Appropriation .....................................................................................................................................................................
Available for LH Grants for Off-Farm ..............................................................................................................................................
National Office Reserve ...................................................................................................................................................................
2. Labor Housing grant funds for OffFarm will be made available under a
NOFA being published in this Federal
Register. Additional guidance is
provided in the NOFA.
C. Labor Housing Rental Assistance
(RA) will be held in the National Office
for use with LH loan and grant
applications. RA is only available with
a LH loan of at least 5 percent of the
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Act of 1949 as amended. Priority will be
given to proposals to develop units in
colonias or tribal lands.
3. EZ, EC or REAP Zone Earmark. An
amount of $2,655,463 has been
earmarked for loan requests to develop
units in EZ or EC communities or REAP
Zones until June 30, 2007.
C. Designated Reserves for State RA.
An amount of $990,000 of Section 515
loan funds has been set aside for
matching with projects in which an
active State sponsored RA program is
available. The State RA program must
be comparable to the RHS RA program.
D. Repair and Rehabilitation Loans.
All funds will be held in the National
office and will be distributed based
upon rehabilitation needs to projects
selected and processed under the FY
2007 MPR NOFA.
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$13,860,000
10,491,000
3,369,960
total development cost. Projects without
a LH loan cannot receive RA.
IV. Section 515
RRH Loan Funds
FY 2007 Section 515 Rural Rental Housing allocation (Total) .......................................................................................................
New Construction funds and set-asides ..................................................................................................................................
New construction loans .....................................................................................................................................................
Set-aside for nonprofits .....................................................................................................................................................
Set-aside for underserved counties and colonias .............................................................................................................
Earmark for EZ, EC, or REAP Zones ...............................................................................................................................
State RA designated reserve ............................................................................................................................................
Rehab and repair funds and equity ..........................................................................................................................................
Rehab and repair loans .....................................................................................................................................................
Designated equity loan reserve ........................................................................................................................................
General Reserve ......................................................................................................................................................................
A. New Construction Loan Funds.
New construction loan funds will be
made available using a national NOFA
being published in this Federal
Register. Additional guidance is
provided in the NOFA.
B. National Office New Construction
Set-asides. The following legislatively
mandated set-asides of funds are part of
the National office set-aside:
1. Nonprofit Set-aside. An amount of
$8,234,537 has been set aside for
nonprofit applicants. All Nonprofit loan
proposals must be located in designated
places as defined in 7 CFR part 3560.
2. Underserved Counties and Colonias
Set-Aside. An amount of $4,950,000 has
been set aside for loan requests to
develop units in the underserved 100
most needy counties or colonias as
defined in section 509(f) of the Housing
$38,116,886
31,937,082
2,000,000
4,179,804
$99,000,000
25,740,000
8,234,537
8,910,000
4,950,000
2,655,463
990,000
53,460,000
48,510,000
4,950,000
19,800,000
E. Designated Reserve for Equity
Loans. An amount of $4,950,000 has
been designated for the equity loan
preservation incentive described in 7
CFR part 3560. The $4,950,000 will be
further divided into $4 million for
equity loan requests currently on the
pending funding list and $950,000 to
facilitate the transfer of properties from
for-profit owners to nonprofit
corporations and public bodies. Funds
for such transfers would be authorized
only for for-profit owners who are
currently on the pending funding list
who agree to transfer to nonprofit
corporations or public bodies rather
than to remain on the pending list. If
insufficient transfer requests are
generated to utilize the full $1 million
set aside for nonprofit and public body
transfers, the balance will revert to the
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existing pending equity loan funding
list.
F. General Reserve. There is one
general reserve fund of $19,800,000.
Some examples of immediate allowable
uses include, but are not limited to,
hardships and emergencies, RH
30339
cooperatives or group homes, or RRH
preservation.
V. Section 533
HPG
Total Available (Includes carryover funds) ......................................................................................................................................
Less General Reserve .....................................................................................................................................................................
Less Earmark for EZ, EC or REAP Zones ......................................................................................................................................
$10,125,728
1,012,572
594,000
Total Available for Distribution .................................................................................................................................................
8,519,155
Amount available for allocation. (See
end of this Notice for HPG State
allocations.) Fund availability will be
announced in a NOFA being published
in the Federal Register.
The amount of $594,000 is earmarked
for EZ, EC or REAP Zones until June 30,
2007.
Single Family Housing (SFH)
I. General
All SFH programs are administered
through field offices. For more
information or to make application,
please contact the Rural Development
office servicing your area. To locate
these offices, contact the appropriate
State Office from the attached State
Office listing, visit our Web site at
https://offices.usda.gov or check the blue
pages in your local telephone directory
under ‘‘Rural Development’’ for the
office serving your area.
A. This notice provides SFH
allocations for FY 2007. Allocation
computations have been made in
accordance with 7 CFR 1940.563
through 1940.568. Information on basic
formula criteria, data source and weight,
administrative allocation, pooling of
funds, and availability of the allocation
are located on a chart at the end of this
notice.
B. The SFH levels authorized for FY
2007 are as follows:
Section 502 Guaranteed Rural Housing (RH) loans:
Nonsubsidized Guarantees—Purchase .............................................................................................................
Nonsubsidized Guarantees—Refinance ............................................................................................................
Section 502 Direct RH loans ...................................................................................................................................
Credit sales (Nonprogram) ........................................................................................................................................
Section 504 Housing repair loans ...........................................................................................................................
Section 504 Housing repair grants .........................................................................................................................
Section 509 Compensation for construction defects ..............................................................................................
Section 523 Mutual and self-help housing grants ..................................................................................................
Section 523 Self-Help Site Loans ...........................................................................................................................
Section 524 RH site loans ......................................................................................................................................
Section 306C Water and waste disposal grants .....................................................................................................
Section 525 Supervisory and technical:
Assistance and Section 509 Housing Application Packaging Grants ................................................................
..................................................
Total Available for single and multi-family section 525 ..............................................................................
**$ 990,000
**$3,439,396,529
** 204,827,600
* 1,129,390,957
10,000,000
*34,651,692
*/**29,601,000
99,000
*/**33,660,000
4,998,056
5,000,000
**1,000,000
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* Includes funds for EZ/EC and REAP communities until June 30, 2007.
** Carryover funds are not included in the balance.
C. SFH Funding Not Allocated to
States. The following funding is not
allocated to States by formula. Funds
are made available to each state on a
case-by-case basis.
1. Credit sale authority. Credit sale
funds in the amount of $10,000,000 are
available only for nonprogram sales of
Real Estate Owned (REO) property.
2. Section 509 Compensation for
Construction Defects. $99,000 is
available for compensation for
construction defects.
3. Section 523 Mutual and Self-Help
Technical Assistance Grants.
$33,660,000 is available for Section 523
Mutual and Self-Help Technical
Assistance Grants. Of these funds,
$990,000 is earmarked for EZ, EC or
REAP Zones until June 30, 2007. A
technical review and analysis must be
completed by the Technical and
Management Assistance (T&MA)
contractor on all predevelopment, new,
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and existing (refunding) grant
applications.
4. Section 523 Mutual and Self-Help
Site Loans and Section 524 RH Site
Loans. $4,998,056 and $5,000,000 are
available for Section 523 Mutual SelfHelp and Section 524 RH Site loans,
respectively.
5. Section 306C WWD Grants to
Individuals in Colonias. The objective of
the Section 306C WWD individual grant
program is to facilitate the use of
community water or waste disposal
systems for the residents of the colonias
along the U.S.-Mexico border.
The total amount available to Arizona,
California, New Mexico, and Texas will
be $1,000,000 for FY 2007. This amount
is transferred from the Rural Utilities
Service (RUS) to RHS for processing
individual grant applications.
6. Section 525 Technical and
Supervisory Assistance (TSA) and
Section 509 Housing Application
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Packaging Grants (HAPG). $990,000 is
available for the TSA and HAPG
programs. Funds for TSA grants will be
made through a separate NOFA.
Requests should be submitted to the
National Office for HAPG based on
projected usage of these funds for the
quarter or as needed. HAPG requests
should be submitted by e-mail to Gloria
Denson, Senior Loan Specialist, SFH
Direct Loan Division, 202–720–1487.
Reserve funds will be held at the
National Office and requests from
eligible States will be considered on a
first-come, first-served basis. Additional
guidance is provided in the NOFA.
7. Natural Disaster Funds. Funds are
available until exhausted to those States
with active Presidential Declarations.
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Federal Register / Vol. 72, No. 104 / Thursday, May 31, 2007 / Notices
II. State Allocations
A. Section 502 Nonsubsidized
Guaranteed RH (GRH) Loans
1. Purchase—Amount Available for
Allocation
Total Available—Purchase ..............................................................................................................................................................
Less National Office General Reserve .....................................................................................................................................
Less Special Outreach Area Reserve ......................................................................................................................................
Basic Formula—Administrative Allocation .......................................................................................................................................
a. National Office General Reserve.
The Administrator may restrict access to
this reserve for States not meeting their
goals in special outreach areas.
b. Special Outreach Areas. FY 2007
GRH funding is allocated to States in
two funding streams. Seventy percent of
GRH funds may be used in any eligible
area. Thirty percent of GRH funds are to
be used in special outreach areas.
Special outreach areas for the GRH
program are defined as those areas
within a State that are not located
within a metropolitan statistical area
(MSA).
c. National Office Special Area
Outreach Reserve. A special outreach
area reserve fund has been established
at the National office. Funds from this
reserve may only be used in special
outreach areas.
2. Refinance—Amount Available for
Allocation
Total Available—Refinance .............................................................................................................................................................
Less National office general reserve ...............................................................................................................................................
Basic formula—Administrative Allocation ........................................................................................................................................
a. Refinance Funds. Refinance loan
funds will be distributed from the
National Office on a case-by-case basis.
b. National Office General Reserve.
The Administrator may restrict access to
this reserve for States not meeting their
goals in special outreach areas.
B. Section 502
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Indian reservations, communities made
up mainly of Native Americans, Indian
trust and restricted land, and tribal
allotted lands. Another purpose of the
reserve will be to provide funding for
subsequent loans for essential
improvements or repairs and transfers
with assumptions. The Administrator’s
reserve may also be made available to
States beginning in the 3rd Quarter
when demand for funds is unusually
high.
(ii) Hardship and Homelessness
Reserve. $2 million has been set aside
for hardships and homeless.
(iii) Rural Housing Demonstration
Program. $1 million dollars has been set
aside for innovative demonstration
initiatives.
(iv) Program Credit Sales. $25 million
dollars has been set aside for program
sales of REO property.
c. Homeownership Partnership. $110
million dollars has been set aside for
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$204,827,600
99,000,000
0
Direct RH Loans
1. Amount Available for Allocation
Total Available .................................................................................................................................................................................
Less Required Set Aside for Underserved Counties and Colonias ................................................................................................
EZ, EC and REAP Earmark ............................................................................................................................................................
Less General Reserve .....................................................................................................................................................................
Administrator’s Reserve ...................................................................................................................................................................
Hardships & Homelessness ............................................................................................................................................................
Rural Housing Demonstration Program ..........................................................................................................................................
Homeownership Partnership ...........................................................................................................................................................
Program funds for the sale of REO properties ...............................................................................................................................
Less Designated Reserve for Self-Help ..........................................................................................................................................
Basic Formula Administrative Allocation .........................................................................................................................................
2. Reserves
a. State Office Reserve. State Directors
must maintain an adequate reserve to
fund the following applications:
(i) Hardship and homeless applicants
including the direct Section 502 loan
and Section 504 loan and grant
programs.
(ii) Rural Home Loan Partnerships
(RHLP) and Community Development
Financial Institutions (CDFI) loans.
(iii) States will leverage with funding
from other sources.
(iv) Areas targeted by the State
according to its strategic plan.
b. National Office Reserves.
(i) General Reserve. The National
office has a general reserve of $170.9
million. Of this amount, the
Administrator’s reserve is $32,939,096.
One of the purposes of the
Administrator’s reserve will be for loans
in Indian Country. Indian Country
consists of land inside the boundaries of
$3,439,396,529
1,148,233,612
492,100,119
1,799,062,798
$1,129,390,957
56,469,548
10,857,427
170,939,096
32,939,096
2,000,000
1,000,000
110,000,000
25,000,000
175,000,000
716,124,885
Homeownership Partnerships. These
funds will be used to expand existing
partnerships and create new
partnerships, such as the following:
(i) Department of Treasury,
Community Development Financial
Institutions (CDFI). Funds will be
available to fund leveraged loans made
in partnership with the Department of
Treasury CDFI participants.
(ii) Partnership initiatives established
to carry out the objectives of the rural
home loan partnership (RHLP).
d. Designated Reserve for Self-Help.
$175 million dollars has been set aside
to assist participating Self-Help
applicants. The National office will
contribute 100 percent from the
National office reserve. States are not
required to contribute from their
allocated Section 502 RH funds.
e. Underserved Counties and
Colonias. An amount of $56,469,548 has
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been set aside for the 100 underserved
counties and colonias.
f. Empowerment Zone (EZ), Enterprise
Community (EC) or Rural Economic
Area Partnership (REAP) earmark. An
amount of $10,857,427 has been
earmarked until June 30, 2007, for loans
in EZ, EC or REAP Zones.
g. State Office Pooling. If pooling is
conducted within a State, it must not
take place within the first 30 calendar
days of the first, second, or third
quarter. (There are no restrictions on
pooling in the fourth quarter.)
h. Suballocation by the State Director.
The State Director may suballocate to
each area office using the methodology
and formulas required by 7 CFR part
1940, subpart L. If suballocated to the
area level, the Rural Development
Manager will make funds available on a
first-come, first-served basis to all
offices at the field or area level. No field
office will have its access to funds
restricted without the prior written
approval of the Administrator.
B. Section 504 Housing Loans and
Grants. Section 504 grant funds are
included in the Rural Housing
Assistance Grant program (RHAG) in the
FY 2007 appropriation.
1. Amount Available for Allocation
Section 504
Loans
Total Available .................................................................................................................................................................................
Less 5% for 100 Underserved Counties and Colonias ...................................................................................................................
EZ, EC or REAP Zone Earmark ......................................................................................................................................................
Less General Reserve .....................................................................................................................................................................
Basic Formula—Administrative Allocation .......................................................................................................................................
Section 504
2. Reserves and Set-asides
a. State Office Reserve. State Directors
must maintain an adequate reserve to
handle all anticipated hardship
applicants based upon historical data
and projected demand.
b. Underserved Counties and
Colonias. $1,732,584 and $1,450,350
have been set aside for the 100
underserved counties and colonias until
June 30, 2007, for the Section 504 loan
and grant programs, respectively.
sroberts on PROD1PC70 with NOTICES
$34,651,692
1,732,584
586,294
733,915
31,598,899
Grants
Total Available .................................................................................................................................................................................
Less 5% for 100 Underserved Counties and Colonias ...................................................................................................................
EZ, EC or REAP Zone Earmark ......................................................................................................................................................
Less General Reserve .....................................................................................................................................................................
Basic Formula—Administrative Allocation .......................................................................................................................................
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c. Empowerment Zone (EZ) and
Enterprise Community (EC) or Rural
Economic Area Partnership (REAP)
Earmark (Loan Funds Only). $586,294
and $594,000 have been earmarked
through June 30, 2007, for EZ, EC or
REAPs for the Section 504 loan and
grant programs, respectively.
d. General Reserve. $733,915 for
Section 504 loan hardships and
$1,649,895 for Section 504 grant
extreme hardships have been set-aside
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$29,601,000
1,450,350
594,000
1,649,895
25,906,755
in the general reserve. For Section 504
grants, an extreme hardship case is one
requiring a significant priority in
funding, ahead of other requests, due to
severe health or safety hazards, or
physical needs of the applicant.
Information on Basic Formula Criteria,
Data Source and Weight,
Administrative Allocation, Pooling of
Funds, and Availability of the
Allocation
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1. Data derived from the 2000 U.S.
Census is available on the Web at
https://census.sc.egov.usda.gov.
2. Due to the absence of Census data.
3. All dates are tentative and are for
the close of business (COB). Pooled
funds will be placed in the National
office reserve and made available
administratively. The Administrator
reserves the right to redistribute funds
based upon program performance.
4. Funds will be distributed
cumulatively through each quarter
listed until the National office year-end
pooling date.
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The U.S. Department of Agriculture
(USDA) prohibits discrimination in all
its programs and activities on the basis
of race, color, national origin, sex,
religion, age, disability, political beliefs,
sexual orientation, marital status or
family status (not all prohibited basis
apply to all programs). Persons with
disabilities who require alternative
means for communication of program
information (Braille, large print,
audiotape, etc.) should contact the
USDA’s Target Center at (202) 720–2600
(voice or TDD).
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To file a complaint of discrimination,
write USDA, Director, Office of Civil
Rights, Room 326–W, Whitten Building,
1400 Independence Avenue SW.,
Washington DC 20250–9410, or call toll
free, (866) 632–9992 (Voice). TDD users
can contact USDA through local relay
(800) 720–6382 (TDD) or (866) 377–8642
(relay voice users). USDA is an equal
opportunity provider and employer.
Dated: May 23, 2007.
Thomas E. Hannah,
Acting Administrator, Rural Housing Service.
BILLING CODE 3410–XV–U
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30356
Federal Register / Vol. 72, No. 104 / Thursday, May 31, 2007 / Notices
[FR Doc. 07–2682 Filed 5–30–07; 8:45 am]
BILLING CODE 3410–XV–C
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration
Evaluation of State Coastal
Management Programs and National
Estuarine Research Reserves
National Oceanic and
Atmospheric Administration (NOAA),
Office of Ocean and Coastal Resource
Management, National Ocean Service,
Commerce.
ACTION: Notice of Intent To Evaluate and
Notice of Availability of Final Findings.
sroberts on PROD1PC70 with NOTICES
AGENCY:
SUMMARY: The NOAA Office of Ocean
and Coastal Resource Management
(OCRM) announces its intent to evaluate
the performance of the Guana Tolomato
Matanzas (Florida) National Estuarine
Research Reserve, the San Francisco Bay
(California) National Estuarine Research
Reserve, the Jacques Cousteau (New
Jersey) National Estuarine Research
Reserve, the Maryland Coastal
Management Program, and the Florida
Coastal Management Program.
The Coastal Zone Management
Program evaluations will be conducted
pursuant to section 312 of the Coastal
Zone Management Act of 1972, as
amended (CZMA) and regulations at 15
CFR part 923, Subpart L. The National
Estuarine Research Reserve evaluations
will be conducted pursuant to sections
312 and 315 of the CZMA and
regulations at 15 CFR Part 921, Subpart
E and Part 923, Subpart L. The CZMA
requires continuing review of the
performance of states with respect to
coastal program implementation.
Evaluation of Coastal Management
Programs and National Estuarine
Research Reserves requires findings
concerning the extent to which a state
has met the national objectives, adhered
to its Coastal Management Program
document or Reserve final management
plan approved by the Secretary of
Commerce, and adhered to the terms of
financial assistance awards funded
under the CZMA.
Each evaluation will include a site
visit, consideration of public comments,
and consultations with interested
Federal, state, and local agencies and
members of the public. A public
meeting will be held as part of each site
visit. Notice is hereby given of the dates
of the site visits for the listed
evaluations, and the dates, local times,
and locations of the public meetings
during the site visits.
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Dates and Times: The Guana
Tolomato Matanzas (Florida) National
Estuarine Research Reserve evaluation
site visit will be held July 17–19, 2007.
One public meeting will be held during
the week. The public meeting will be
held on Wednesday, July 18, 2007, at 6
p.m. at the Guana Tolomato Matanzas
National Estuarine Research Reserve
Environmental Education Center, 505
Guana River Road, Ponte Vedra Beach,
Florida.
The San Francisco Bay (California)
National Estuarine Research Reserve
evaluation site visit will be held August
27–30, 2007. One public meeting will be
held during the week. The public
meeting will be held on Tuesday,
August 28, 2007, at 7 p.m. at the
Farallon Room, Aquarium of the Bay,
Pier 39, The Embarcadero at Beach
Street, San Francisco, California.
The Jacques Cousteau (New Jersey)
National Estuarine Research Reserve
evaluation site visit will be held
September 11–13, 2007. One public
meeting will be held during the week.
The public meeting will be held on
Wednesday, September 12, 2007, at 7
p.m. at the Jacques Cousteau National
Estuarine Research Reserve Coastal
Education Center, 130 Great Bay
Boulevard, Tuckerton, New Jersey.
The Maryland Coastal Management
Program evaluation site visit will be
held September 10–14, 2007. One
public meeting will be held during the
week. The public meeting will be held
on Monday, September 10, 2007, at 6:30
p.m. at the Maryland Department of
Natural Resources, Tawes State Office
Building, C–1 Conference Room, 580
Taylor Avenue, Annapolis Maryland.
The Florida Coastal Management
Program evaluation site visit will be
held September 17–21, 2007. One
public meeting will be held during the
week. The public meeting will be held
on Tuesday, September 18, 2007, at 6:30
p.m. at the Florida Department of
Environmental Protection, Marjorie
Stoneman Douglas Building, Conference
Room A, 3900 Commonwealth
Boulevard, Tallahassee, Florida.
ADDRESSES: Copies of states’ most recent
performance reports, as well as OCRM’s
evaluation notification and
supplemental information request
letters to the states, are available upon
request from OCRM. Written comments
from interested parties regarding these
Programs are encouraged and will be
accepted until 15 days after the public
meeting held for a Program. Please
direct written comments to Ralph
Cantral, Chief, National Policy and
Evaluation Division, Office of Ocean
and Coastal Resource Management,
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NOS/NOAA, 1305 East-West Highway,
10th Floor, N/ORM7, Silver Spring,
Maryland 20910. When the evaluation is
completed, OCRM will place a notice in
the Federal Register announcing the
availability of the Final Evaluation
Findings.
Notice is
hereby given of the availability of the
final evaluation findings for the
Virginia, Georgia, Connecticut, Oregon,
Texas, and New Hampshire coastal
management programs. Section 312 of
the Coastal Zone Management Act of
1972 (CZMA), as amended, requires a
continuing review of the performance of
coastal states with respect to approval of
CMPs. The states of Virginia, Georgia,
Connecticut, Oregon, Texas, and New
Hampshire were found to be
implementing and enforcing their
federally approved coastal management
programs, addressing the national
coastal management objectives
identified in CZMA Section 303(2)(A)–
(K), and adhering to the programmatic
terms of their financial assistance
awards.
Copies of these final evaluation
findings may be obtained upon written
request from: Ralph Cantral, Chief,
National Policy and Evaluation
Division, Office of Ocean and Coastal
Resource Management, NOS/NOAA,
1305 East-West Highway, 10th Floor, N/
ORM7, Silver Spring, Maryland 20910,
or Ralph.Cantral@noaa.gov.
FOR FURTHER INFORMATION CONTACT:
Ralph Cantral, Chief, National Policy
and Evaluation Division, Office of
Ocean and Coastal Resource
Management, NOS/NOAA, 1305 EastWest Highway, 10th Floor, N/ORM7,
Silver Spring, Maryland 20910, (301)
563–7118.
SUPPLEMENTARY INFORMATION:
(Federal Domestic Assistance Catalog 11.419
Coastal Zone Management Program
Administration)
Dated: May 24, 2007.
David M. Kennedy,
Director, Office of Ocean and Coastal
Resource Management, National Ocean
Service, National Oceanic and Atmospheric
Administration.
[FR Doc. E7–10486 Filed 5–30–07; 8:45 am]
BILLING CODE 3510–08–P
DEPARTMENT OF DEFENSE
Department of the Air Force
Air University Board of Visitors
Meeting
ACTION:
E:\FR\FM\31MYN1.SGM
Notice of open meeting.
31MYN1
]]>Agencies
[Federal Register Volume 72, Number 104 (Thursday, May 31, 2007)]
[Notices]
[Pages 30337-30357]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 07-2682]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Availability of Funds; Multi-Family Housing, Single
Family Housing
AGENCY: Rural Housing Service, USDA.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Rural Housing Service (RHS) announces the availability of
housing funds for fiscal year (FY) 2007. This action is taken to comply
with 42 U.S.C. 1490p, which requires that RHS publish in the Federal
Register notice of the availability of any housing assistance.
DATES: Unless otherwise indicated below, applications are accepted
year-round at a local Rural Development office.
Effective Date: May 31, 2007.
FOR FURTHER INFORMATION CONTACT: For information on applying for
assistance, visit our Internet Web site at https://
offices.sc.egov.usda.gov and select your State. You may also check the
blue pages in your local telephone directory under ``Rural
Development'' for the office serving your area.
For information regarding this notice contact Myron Wooden, Loan
Assistant, Single Family Housing Direct Loan Division, telephone 202-
720-4780, for single family housing (SFH) issues and Tammy S. Daniels,
Senior Loan Specialist, Multi-Family Housing (MFH) Processing Division,
telephone 202-720-0021, for multi-family housing issues, U.S.
Department of Agriculture, 1400 Independence Ave., SW., Washington, DC
20250. (The telephone numbers listed are not toll free numbers.)
SUPPLEMENTARY INFORMATION: The information in this notice describes how
funds for the various Rural Development Housing programs are
distributed to the States. Interested applicants are encouraged to
contact the local USDA Rural Development office for more information
and application information. Please visit https://
offices.sc.egov.usda.gov for the Rural Development office nearest you.
Programs Affected
The following programs are subject to the provisions of Executive
Order 12372 that requires intergovernmental consultation with State and
local officials. These programs or activities are listed in the Catalog
of Federal Domestic Assistance under Nos.
10.405 Farm Labor Housing (LH) Loans and Grants
10.410 Very Low to Moderate Income Housing Loans
10.411 Rural Housing Site Loans and Self-Help Housing Land Development
Loans
10.415 Rural Rental Housing Loans
10.417 Very Low Income Housing Repair Loans and Grants
10.420 Rural Self-Help Housing Technical Assistance
10.427 Rural Rental Assistance Payments
10.433 Rural Housing Preservation Grants
10.442 Housing Application Packaging Grants
Discussion of Notice
Part 1940, subpart L of 7 CFR contains the ``Methodology and
Formulas for Allocation of Loan and Grant Program Funds.'' To apply for
assistance under these programs or for more information, contact the
USDA Rural Development Office for your area.
Multi-Family Housing (MFH)
I. General
A. This provides guidance on MFH funding for the Rural Rental
Housing program (RRH) for FY 2007. Allocation computations have been
performed in accordance with 7 CFR 1940.575 and 1940.578. For FY 2007,
State Directors, under the Rural Housing Assistance Grants (RHAG), will
have the flexibility to transfer their initial allocations of budget
authority between the Single Family Housing (SFH) Section 504 Rural
Housing Grants and Section 533 Housing Preservation Grant (HPG)
programs.
B. MFH loan and grant levels for FY 2007 are as follows:
------------------------------------------------------------------------
------------------------------------------------------------------------
MFH Loan Programs Credit Sales........................ $1,484,998
Section 514 Farm Labor Housing (LH) loans*............ 38,116,886
Section 515 Rural Rental Housing (RRH) loans.......... 99,000,000
Section 521 Rental Assistance (RA) and 502(c)(5)(C) 616,020,000
Advance..............................................
Section 516 LH grants................................. 13,860,000
Sections 525 Technical and Supervisory Assistance 990,000
grants (TSA) and 509 Housing Application Packaging
grants (HAPG) (Shared between single and multi-family
housing).............................................
Section 533 Housing Preservation grants (HPG)**....... 10,125,728
Section 538 Guaranteed Rural Rental Housing Program... 99,000,000
Preservation Revolving Loan Fund Demonstration Program 6,300,769
Section 515 Multi-Family Housing Preservation and 8,910,000
Revitalization Restructuring Demonstration (MPR)***..
Rural Housing Voucher Program......................... 15,840,000
------------------------------------------------------------------------
* Does Not Include Carryover Funds.
** Includes Carryover Funds.
*** State at the budget authority level, rather than at the program
level.
[[Page 30338]]
II. Funds Not Allocated to States
A. Credit Sales Authority. For FY 2007, $1,484,988 will be set
aside for credit sales to program and nonprogram buyers. Credit sale
funding will not be allocated by State.
B. Section 538 Guaranteed Rural Rental Housing Program. Guaranteed
loan funds will be made available under a Notice of Funding
Availability (NOFA) being published in this Federal Register.
Additional guidance is provided in the NOFA.
C. Multi-family Housing Preservation and Revitalization Restructing
Demonstration Program (MPR). The MPR Program is designed to preserve
and revitalize Section 515 multi-family rental housing properties. The
Program is designed to utilize several demonstration revitalization
tools to restructure debt and financing of an aging portfolio of rental
properties. The objective is to ensure that properties have sufficient
resources to continue providing safe and affordable housing for low-
income rural residents.
D. Rural Housing Voucher Program. The Rural Housing Voucher
Program, authorized under Section 542 of the Housing Act of 1949, is
designed to provide tenant protections in properties that prepay their
mortgages after September 30, 2005. These Vouchers are portable and
will enable tenants to continue to access affordable housing without
benefit of the traditional Rental Assistance Program.
III. Farm Labor Housing (LH) Loans and Grants
The Administrator has the authority to transfer the allocation of
budget authority between the two programs. Upon NOFA closing the
Administrator will evaluate the responses and determine proper
distribution of funds between loans and grants.
A. Section 514 Farm LH Loans
1. These loans are funded in accordance with 7 CFR 1940.579(a).
------------------------------------------------------------------------
------------------------------------------------------------------------
FY 2007 Appropriation................................... $38,116,886
Available for Off-Farm Loans............................ 31,937,082
Available for On-Farm Loans............................. 2,000,000
National Office Reserve................................. 4,179,804
------------------------------------------------------------------------
2. Off-farm loan funds will be made available under a NOFA being
published in this Federal Register. Additional guidance is provided in
the NOFA.
B. Section 516 Farm LH Grants
1. Grants are funded in accordance with 7 CFR 1940.579(b).
Unobligated prior year balances and cancellations will be added to the
amount shown.
------------------------------------------------------------------------
------------------------------------------------------------------------
FY 2007 Appropriation................................. $13,860,000
Available for LH Grants for Off-Farm.................. 10,491,000
National Office Reserve............................... 3,369,960
------------------------------------------------------------------------
2. Labor Housing grant funds for Off-Farm will be made available
under a NOFA being published in this Federal Register. Additional
guidance is provided in the NOFA.
C. Labor Housing Rental Assistance (RA) will be held in the
National Office for use with LH loan and grant applications. RA is only
available with a LH loan of at least 5 percent of the total development
cost. Projects without a LH loan cannot receive RA.
IV. Section 515 RRH Loan Funds
------------------------------------------------------------------------
------------------------------------------------------------------------
FY 2007 Section 515 Rural Rental Housing allocation $99,000,000
(Total)..............................................
New Construction funds and set-asides............. 25,740,000
New construction loans........................ 8,234,537
Set-aside for nonprofits...................... 8,910,000
Set-aside for underserved counties and 4,950,000
colonias.....................................
Earmark for EZ, EC, or REAP Zones............. 2,655,463
State RA designated reserve................... 990,000
Rehab and repair funds and equity................. 53,460,000
Rehab and repair loans........................ 48,510,000
Designated equity loan reserve................ 4,950,000
General Reserve................................... 19,800,000
------------------------------------------------------------------------
A. New Construction Loan Funds. New construction loan funds will be
made available using a national NOFA being published in this Federal
Register. Additional guidance is provided in the NOFA.
B. National Office New Construction Set-asides. The following
legislatively mandated set-asides of funds are part of the National
office set-aside:
1. Nonprofit Set-aside. An amount of $8,234,537 has been set aside
for nonprofit applicants. All Nonprofit loan proposals must be located
in designated places as defined in 7 CFR part 3560.
2. Underserved Counties and Colonias Set-Aside. An amount of
$4,950,000 has been set aside for loan requests to develop units in the
underserved 100 most needy counties or colonias as defined in section
509(f) of the Housing Act of 1949 as amended. Priority will be given to
proposals to develop units in colonias or tribal lands.
3. EZ, EC or REAP Zone Earmark. An amount of $2,655,463 has been
earmarked for loan requests to develop units in EZ or EC communities or
REAP Zones until June 30, 2007.
C. Designated Reserves for State RA. An amount of $990,000 of
Section 515 loan funds has been set aside for matching with projects in
which an active State sponsored RA program is available. The State RA
program must be comparable to the RHS RA program.
D. Repair and Rehabilitation Loans. All funds will be held in the
National office and will be distributed based upon rehabilitation needs
to projects selected and processed under the FY 2007 MPR NOFA.
E. Designated Reserve for Equity Loans. An amount of $4,950,000 has
been designated for the equity loan preservation incentive described in
7 CFR part 3560. The $4,950,000 will be further divided into $4 million
for equity loan requests currently on the pending funding list and
$950,000 to facilitate the transfer of properties from for-profit
owners to nonprofit corporations and public bodies. Funds for such
transfers would be authorized only for for-profit owners who are
currently on the pending funding list who agree to transfer to
nonprofit corporations or public bodies rather than to remain on the
pending list. If insufficient transfer requests are generated to
utilize the full $1 million set aside for nonprofit and public body
transfers, the balance will revert to the
[[Page 30339]]
existing pending equity loan funding list.
F. General Reserve. There is one general reserve fund of
$19,800,000. Some examples of immediate allowable uses include, but are
not limited to, hardships and emergencies, RH cooperatives or group
homes, or RRH preservation.
V. Section 533 HPG
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available (Includes carryover funds)............ $10,125,728
Less General Reserve.................................. 1,012,572
Less Earmark for EZ, EC or REAP Zones................. 594,000
-----------------
Total Available for Distribution.................. 8,519,155
------------------------------------------------------------------------
Amount available for allocation. (See end of this Notice for HPG
State allocations.) Fund availability will be announced in a NOFA being
published in the Federal Register.
The amount of $594,000 is earmarked for EZ, EC or REAP Zones until
June 30, 2007.
Single Family Housing (SFH)
I. General
All SFH programs are administered through field offices. For more
information or to make application, please contact the Rural
Development office servicing your area. To locate these offices,
contact the appropriate State Office from the attached State Office
listing, visit our Web site at https://offices.usda.gov or check the
blue pages in your local telephone directory under ``Rural
Development'' for the office serving your area.
A. This notice provides SFH allocations for FY 2007. Allocation
computations have been made in accordance with 7 CFR 1940.563 through
1940.568. Information on basic formula criteria, data source and
weight, administrative allocation, pooling of funds, and availability
of the allocation are located on a chart at the end of this notice.
B. The SFH levels authorized for FY 2007 are as follows:
------------------------------------------------------------------------
------------------------------------------------------------------------
Section 502 Guaranteed Rural Housing (RH)
loans:
Nonsubsidized Guarantees--Purchase.... **$3,439,396,529
Nonsubsidized Guarantees--Refinance... ** 204,827,600
Section 502 Direct RH loans............... * 1,129,390,957
Credit sales (Nonprogram)................. 10,000,000
Section 504 Housing repair loans.......... *34,651,692
Section 504 Housing repair grants......... */**29,601,000
Section 509 Compensation for construction 99,000
defects..................................
Section 523 Mutual and self-help housing */**33,660,000
grants...................................
Section 523 Self-Help Site Loans.......... 4,998,056
Section 524 RH site loans................. 5,000,000
Section 306C Water and waste disposal **1,000,000
grants...................................
Section 525 Supervisory and technical:
Assistance and Section 509 Housing ............................
Application Packaging Grants.........
-----------------------------
Total Available for single and **$ 990,000
multi-family section 525.........
------------------------------------------------------------------------
* Includes funds for EZ/EC and REAP communities until June 30, 2007.
** Carryover funds are not included in the balance.
C. SFH Funding Not Allocated to States. The following funding is
not allocated to States by formula. Funds are made available to each
state on a case-by-case basis.
1. Credit sale authority. Credit sale funds in the amount of
$10,000,000 are available only for nonprogram sales of Real Estate
Owned (REO) property.
2. Section 509 Compensation for Construction Defects. $99,000 is
available for compensation for construction defects.
3. Section 523 Mutual and Self-Help Technical Assistance Grants.
$33,660,000 is available for Section 523 Mutual and Self-Help Technical
Assistance Grants. Of these funds, $990,000 is earmarked for EZ, EC or
REAP Zones until June 30, 2007. A technical review and analysis must be
completed by the Technical and Management Assistance (T&MA) contractor
on all predevelopment, new, and existing (refunding) grant
applications.
4. Section 523 Mutual and Self-Help Site Loans and Section 524 RH
Site Loans. $4,998,056 and $5,000,000 are available for Section 523
Mutual Self-Help and Section 524 RH Site loans, respectively.
5. Section 306C WWD Grants to Individuals in Colonias. The
objective of the Section 306C WWD individual grant program is to
facilitate the use of community water or waste disposal systems for the
residents of the colonias along the U.S.-Mexico border.
The total amount available to Arizona, California, New Mexico, and
Texas will be $1,000,000 for FY 2007. This amount is transferred from
the Rural Utilities Service (RUS) to RHS for processing individual
grant applications.
6. Section 525 Technical and Supervisory Assistance (TSA) and
Section 509 Housing Application Packaging Grants (HAPG). $990,000 is
available for the TSA and HAPG programs. Funds for TSA grants will be
made through a separate NOFA.
Requests should be submitted to the National Office for HAPG based
on projected usage of these funds for the quarter or as needed. HAPG
requests should be submitted by e-mail to Gloria Denson, Senior Loan
Specialist, SFH Direct Loan Division, 202-720-1487. Reserve funds will
be held at the National Office and requests from eligible States will
be considered on a first-come, first-served basis. Additional guidance
is provided in the NOFA.
7. Natural Disaster Funds. Funds are available until exhausted to
those States with active Presidential Declarations.
[[Page 30340]]
II. State Allocations
A. Section 502 Nonsubsidized Guaranteed RH (GRH) Loans
1. Purchase--Amount Available for Allocation
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available--Purchase............................. $3,439,396,529
Less National Office General Reserve.............. 1,148,233,612
Less Special Outreach Area Reserve................ 492,100,119
Basic Formula--Administrative Allocation.............. 1,799,062,798
------------------------------------------------------------------------
a. National Office General Reserve. The Administrator may restrict
access to this reserve for States not meeting their goals in special
outreach areas.
b. Special Outreach Areas. FY 2007 GRH funding is allocated to
States in two funding streams. Seventy percent of GRH funds may be used
in any eligible area. Thirty percent of GRH funds are to be used in
special outreach areas. Special outreach areas for the GRH program are
defined as those areas within a State that are not located within a
metropolitan statistical area (MSA).
c. National Office Special Area Outreach Reserve. A special
outreach area reserve fund has been established at the National office.
Funds from this reserve may only be used in special outreach areas.
2. Refinance--Amount Available for Allocation
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available--Refinance............................ $204,827,600
Less National office general reserve.................. 99,000,000
Basic formula--Administrative Allocation.............. 0
------------------------------------------------------------------------
a. Refinance Funds. Refinance loan funds will be distributed from
the National Office on a case-by-case basis.
b. National Office General Reserve. The Administrator may restrict
access to this reserve for States not meeting their goals in special
outreach areas.
B. Section 502 Direct RH Loans
1. Amount Available for Allocation
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available....................................... $1,129,390,957
Less Required Set Aside for Underserved Counties and 56,469,548
Colonias.............................................
EZ, EC and REAP Earmark............................... 10,857,427
Less General Reserve.................................. 170,939,096
Administrator's Reserve............................... 32,939,096
Hardships & Homelessness.............................. 2,000,000
Rural Housing Demonstration Program................... 1,000,000
Homeownership Partnership............................. 110,000,000
Program funds for the sale of REO properties.......... 25,000,000
Less Designated Reserve for Self-Help................. 175,000,000
Basic Formula Administrative Allocation............... 716,124,885
------------------------------------------------------------------------
2. Reserves
a. State Office Reserve. State Directors must maintain an adequate
reserve to fund the following applications:
(i) Hardship and homeless applicants including the direct Section
502 loan and Section 504 loan and grant programs.
(ii) Rural Home Loan Partnerships (RHLP) and Community Development
Financial Institutions (CDFI) loans.
(iii) States will leverage with funding from other sources.
(iv) Areas targeted by the State according to its strategic plan.
b. National Office Reserves.
(i) General Reserve. The National office has a general reserve of
$170.9 million. Of this amount, the Administrator's reserve is
$32,939,096. One of the purposes of the Administrator's reserve will be
for loans in Indian Country. Indian Country consists of land inside the
boundaries of Indian reservations, communities made up mainly of Native
Americans, Indian trust and restricted land, and tribal allotted lands.
Another purpose of the reserve will be to provide funding for
subsequent loans for essential improvements or repairs and transfers
with assumptions. The Administrator's reserve may also be made
available to States beginning in the 3rd Quarter when demand for funds
is unusually high.
(ii) Hardship and Homelessness Reserve. $2 million has been set
aside for hardships and homeless.
(iii) Rural Housing Demonstration Program. $1 million dollars has
been set aside for innovative demonstration initiatives.
(iv) Program Credit Sales. $25 million dollars has been set aside
for program sales of REO property.
c. Homeownership Partnership. $110 million dollars has been set
aside for Homeownership Partnerships. These funds will be used to
expand existing partnerships and create new partnerships, such as the
following:
(i) Department of Treasury, Community Development Financial
Institutions (CDFI). Funds will be available to fund leveraged loans
made in partnership with the Department of Treasury CDFI participants.
(ii) Partnership initiatives established to carry out the
objectives of the rural home loan partnership (RHLP).
d. Designated Reserve for Self-Help. $175 million dollars has been
set aside to assist participating Self-Help applicants. The National
office will contribute 100 percent from the National office reserve.
States are not required to contribute from their allocated Section 502
RH funds.
e. Underserved Counties and Colonias. An amount of $56,469,548 has
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been set aside for the 100 underserved counties and colonias.
f. Empowerment Zone (EZ), Enterprise Community (EC) or Rural
Economic Area Partnership (REAP) earmark. An amount of $10,857,427 has
been earmarked until June 30, 2007, for loans in EZ, EC or REAP Zones.
g. State Office Pooling. If pooling is conducted within a State, it
must not take place within the first 30 calendar days of the first,
second, or third quarter. (There are no restrictions on pooling in the
fourth quarter.)
h. Suballocation by the State Director. The State Director may
suballocate to each area office using the methodology and formulas
required by 7 CFR part 1940, subpart L. If suballocated to the area
level, the Rural Development Manager will make funds available on a
first-come, first-served basis to all offices at the field or area
level. No field office will have its access to funds restricted without
the prior written approval of the Administrator.
B. Section 504 Housing Loans and Grants. Section 504 grant funds
are included in the Rural Housing Assistance Grant program (RHAG) in
the FY 2007 appropriation.
1. Amount Available for Allocation
Section 504 Loans
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available....................................... $34,651,692
Less 5% for 100 Underserved Counties and Colonias..... 1,732,584
EZ, EC or REAP Zone Earmark........................... 586,294
Less General Reserve.................................. 733,915
Basic Formula--Administrative Allocation.............. 31,598,899
------------------------------------------------------------------------
Section 504 Grants
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available....................................... $29,601,000
Less 5% for 100 Underserved Counties and Colonias..... 1,450,350
EZ, EC or REAP Zone Earmark........................... 594,000
Less General Reserve.................................. 1,649,895
Basic Formula--Administrative Allocation.............. 25,906,755
------------------------------------------------------------------------
2. Reserves and Set-asides
a. State Office Reserve. State Directors must maintain an adequate
reserve to handle all anticipated hardship applicants based upon
historical data and projected demand.
b. Underserved Counties and Colonias. $1,732,584 and $1,450,350
have been set aside for the 100 underserved counties and colonias until
June 30, 2007, for the Section 504 loan and grant programs,
respectively.
c. Empowerment Zone (EZ) and Enterprise Community (EC) or Rural
Economic Area Partnership (REAP) Earmark (Loan Funds Only). $586,294
and $594,000 have been earmarked through June 30, 2007, for EZ, EC or
REAPs for the Section 504 loan and grant programs, respectively.
d. General Reserve. $733,915 for Section 504 loan hardships and
$1,649,895 for Section 504 grant extreme hardships have been set-aside
in the general reserve. For Section 504 grants, an extreme hardship
case is one requiring a significant priority in funding, ahead of other
requests, due to severe health or safety hazards, or physical needs of
the applicant.
Information on Basic Formula Criteria, Data Source and Weight,
Administrative Allocation, Pooling of Funds, and Availability of the
Allocation
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1. Data derived from the 2000 U.S. Census is available on the Web
at https://census.sc.egov.usda.gov.
2. Due to the absence of Census data.
3. All dates are tentative and are for the close of business (COB).
Pooled funds will be placed in the National office reserve and made
available administratively. The Administrator reserves the right to
redistribute funds based upon program performance.
4. Funds will be distributed cumulatively through each quarter
listed until the National office year-end pooling date.
The U.S. Department of Agriculture (USDA) prohibits discrimination
in all its programs and activities on the basis of race, color,
national origin, sex, religion, age, disability, political beliefs,
sexual orientation, marital status or family status (not all prohibited
basis apply to all programs). Persons with disabilities who require
alternative means for communication of program information (Braille,
large print, audiotape, etc.) should contact the USDA's Target Center
at (202) 720-2600 (voice or TDD).
To file a complaint of discrimination, write USDA, Director, Office
of Civil Rights, Room 326-W, Whitten Building, 1400 Independence Avenue
SW., Washington DC 20250-9410, or call toll free, (866) 632-9992
(Voice). TDD users can contact USDA through local relay (800) 720-6382
(TDD) or (866) 377-8642 (relay voice users). USDA is an equal
opportunity provider and employer.
Dated: May 23, 2007.
Thomas E. Hannah,
Acting Administrator, Rural Housing Service.
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[FR Doc. 07-2682 Filed 5-30-07; 8:45 am]
BILLING CODE 3410-XV-C
