Inviting Applications for Rural Economic Development Loan and Grant Program for Fiscal Year 2008, 16624 [E8-6322]
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16624
Federal Register / Vol. 73, No. 61 / Friday, March 28, 2008 / Notices
funds for fiscal year (FY) 2008. This
action is taken to comply with 42 U.S.C.
1490p, which requires that HCFP
publish in the Federal Register notice of
the availability of any housing
assistance.
DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Inviting Applications for Rural
Economic Development Loan and
Grant Program for Fiscal Year 2008
SUMMARY: The Rural BusinessCooperative Service (RBS) announces
the dollar amount available for grants is
up to $300,000 per application for Rural
Economic Development Grants with the
aggregate amount of grant funds not to
exceed $10,000,000 during fiscal year
2008.
SUPPLEMENTARY INFORMATION: RBS
published a Notice on February 5, 2008,
[73 FR 6696] of funds available. This
Notice announces the amounts available
for Rural Economic Development
Grants.
Dated: March 21, 2008.
Ben Anderson,
Administrator, Rural Business-Cooperative
Service.
[FR Doc. E8–6322 Filed 3–27–08; 8:45 am]
BILLING CODE 3410–XY–P
DEPARTMENT OF AGRICULTURE
Rural Housing Service
The
information in this Notice describes
how funds for the various Rural
Development HCFP programs are
distributed.
SUPPLEMENTARY INFORMATION:
Notice of Availability of Funds; MultiFamily Housing, Single Family
Housing
Rural Housing Service, USDA.
Notice.
AGENCY:
ACTION:
Unless otherwise indicated
below, applications are accepted yearround at a local Rural Development
office.
Effective Date: March 28, 2008.
FOR FURTHER INFORMATION CONTACT: For
information and application assistance
contact the appropriate state office from
the attached state office listing, or visit
our Internet Web site at https://
www.offices.usda.gov and select your
State. Applicants can also obtain local
contact information in a local telephone
directory’s blue pages under ‘‘Rural
Development.’’
For information regarding this notice
contact Myron Wooden, Loan Specialist,
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).
DATES:
Rural Business-Cooperative
Service, USDA.
ACTION: Notice.
AGENCY:
The Rural Housing Service,
hereinafter referred to as Housing and
Community Facilities Programs (HCFP),
announces the availability of housing
SUMMARY:
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.
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 Notice provides guidance on
MFH funding for the Rural Rental
Housing program (RRH) for FY 2008.
Allocation computations have been
performed in accordance with 7 CFR
1940.575 and 1940.578. For FY 2008,
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
2008 are as follows:
sroberts on PROD1PC70 with NOTICES
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 (TSA) and Section 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* ............................................................................................................
Sections 514, 515 and 516 Multi-Family Housing Revitalization Demonstration Program (MPR)*** ................................................
Rural Housing Voucher Demonstration Program* ..............................................................................................................................
$1,475,864
27,545,076
69,510,000
472,757,370
9,930,000
0
9,593,704
129,090,000
6,421,642
19,860,000
4,965,000
* Does Not Include Carryover Funds.
** Includes Carryover Funds.
*** Stated at the budget authority level, rather than at the program level.
II. Funds Not Allocated to States
A. Credit Sales Authority. For FY
2008, $1,475,864 will be made available
VerDate Aug<31>2005
19:06 Mar 27, 2008
Jkt 214001
for credit sales to program and
nonprogram buyers. Credit sale funding
will not be allocated by State.
PO 00000
Frm 00004
Fmt 4703
Sfmt 4703
B. Section 538 Guaranteed Rural
Rental Housing Program. Guaranteed
loan funds have been made available
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[Federal Register Volume 73, Number 61 (Friday, March 28, 2008)]
[Notices]
[Page 16624]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-6322]
[[Page 16624]]
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DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Inviting Applications for Rural Economic Development Loan and
Grant Program for Fiscal Year 2008
AGENCY: Rural Business-Cooperative Service, USDA.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Rural Business-Cooperative Service (RBS) announces the
dollar amount available for grants is up to $300,000 per application
for Rural Economic Development Grants with the aggregate amount of
grant funds not to exceed $10,000,000 during fiscal year 2008.
SUPPLEMENTARY INFORMATION: RBS published a Notice on February 5, 2008,
[73 FR 6696] of funds available. This Notice announces the amounts
available for Rural Economic Development Grants.
Dated: March 21, 2008.
Ben Anderson,
Administrator, Rural Business-Cooperative Service.
[FR Doc. E8-6322 Filed 3-27-08; 8:45 am]
BILLING CODE 3410-XY-P
