Request for Recommendations Regarding Administrative and Procedural Changes To Expedite the Approval of Applications for FHA-Insured Multifamily Mortgages Involving Low-Income Housing Tax Credits or Tax-Exempt Bonds, 19576-19577 [E9-9677]
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Federal Register / Vol. 74, No. 81 / Wednesday, April 29, 2009 / Notices
through the use of appropriate
automated collection techniques or
other forms of information technology,
e.g., permitting electronic submission of
responses.
This Notice also lists the following
information:
Title of Proposal: Applicant/Recipient
Disclosure/Update Report.
OMB Control Number, if applicable:
2510–0011.
Description of the need for the
information and proposed use: Section
102 of the Department of Housing and
Urban Development Reform Act of 1989
(HUD Reform Act) requires the
Department to ensure greater
accountability and integrity in the
provision of assistance administered by
the Department. One feature of the
statute requires certain disclosures by
applicants seeking assistance from HUD,
assistance from states and units of local
government, and other assistance to be
used with respect to the activities to be
carried out with the assistance. The
disclosure includes the financial
interests of persons in the activities, and
the sources of funds to be made
available for the activities, and the
proposed uses of the funds.
Each applicant that submits an
application for assistance, within the
jurisdiction of the HUD, to a state or to
a unit of general local government for a
specific project or activity must disclose
this information whenever the dollar
threshold is met. This information must
be kept updated during the application
review process and while the assistance
is being provided.
Agency form numbers, if applicable:
HUD 2880.
Members of affected public:
Applicants for HUD competitively
funded assistance.
Estimation of the total numbers of
hours needed to prepare the information
collection including number of
respondents, frequency of response, and
hours of response: The form, HUD 2880,
must be submitted as part of an
applicant’s application for
competitively funded assistance.
Number of respondents
Burden
hours
Frequency of
response
Total burden
hours
16,900 ..............................................................................................................................
2.0
1.2
40,560
Status of the proposed information
collection: Extension of a currently
approved collection.
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C. Chapter 35, as amended.
Camille Acevedo,
Associate General Counsel for Legislation and
Regulations.
[FR Doc. E9–9680 Filed 4–28–09; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5299–N–01]
Request for Recommendations
Regarding Administrative and
Procedural Changes To Expedite the
Approval of Applications for FHAInsured Multifamily Mortgages
Involving Low-Income Housing Tax
Credits or Tax-Exempt Bonds
pwalker on PROD1PC71 with NOTICES
AGENCY: Office of the Assistant
Secretary for Housing–Federal Housing
Commissioner, HUD.
ACTION: Notice.
SUMMARY: This notice, pursuant to
statute, solicits recommendations from
stakeholders in HUD’s insured
multifamily projects, as well as
interested members of the public, on
administrative and procedural changes
that HUD should adopt to expedite
approval of multifamily housing
projects involving low-income housing
tax credits or tax-exempt bonds under
the jurisdiction of HUD. In addition to
soliciting, generally, recommendations
on expediting the approval process of
multifamily housing projects, HUD is
VerDate Nov<24>2008
17:48 Apr 28, 2009
Jkt 217001
soliciting recommendations on specific
topics as stated in this notice.
DATES: Comment Due Date: June 29,
2009.
Note: To receive consideration as public
comments, comments must be submitted
through one of the two methods specified
above. Again, all submissions must refer to
the docket number and title of the rule.
Interested persons are
invited to submit comments regarding
this notice to the Regulations Division,
Office of General Counsel, 451 7th
Street, SW., Room 10276, Department of
Housing and Urban Development,
Washington, DC 20410–0500.
Communications must refer to the above
docket number and title. There are two
methods for submitting public
comments. All submissions must refer
to the above docket number and title.
1. Submission of Comments by Mail.
Comments may be submitted by mail to
the Regulations Division, Office of
General Counsel, Department of
Housing and Urban Development, 451
7th Street, SW., Room 10276,
Washington, DC 20410–0500.
2. Electronic Submission of
Comments. Interested persons may
submit comments electronically through
the Federal eRulemaking Portal at
https://www.regulations.gov. HUD
strongly encourages commenters to
submit comments electronically.
Electronic submission of comments
allows the commenter maximum time to
prepare and submit a comment, ensures
timely receipt by HUD, and enables
HUD to make them immediately
available to the public. Comments
submitted electronically through the
https://www.regulations.gov website can
be viewed by other commenters and
interested members of the public.
Commenters should follow the
instructions provided on that site to
submit comments electronically.
No Facsimile Comments. Facsimile
(FAX) comments are not acceptable.
Public Inspection of Public
Comments. All properly submitted
comments and communications
submitted to HUD will be available for
public inspection and copying between
8 a.m. and 5 p.m. weekdays at the above
address. Due to security measures at the
HUD Headquarters building, an advance
appointment to review the public
comments must be scheduled by calling
the Regulations Division at 202–708–
3055 (this is not a toll-free number).
Individuals with speech or hearing
impairments may access this number
through TTY by calling the Federal
Information Relay Service at 800–877–
8339. Copies of all comments submitted
are available for inspection and
downloading at https://
www.regulations.gov.
ADDRESSES:
PO 00000
Frm 00092
Fmt 4703
Sfmt 4703
FOR FURTHER INFORMATION CONTACT: Eric
Stevenson, Deputy Director, Office of
Multifamily Development, Department
of Housing and Urban Development,
451 Seventh Street, SW., Room 6152,
Washington, DC 20410, Telephone 202–
708–1142; e-mail:
Eric.Stevenson@hud.gov. Individuals
with speech or hearing impairments
may access this number through TTY by
calling the toll-free Federal Information
Relay Service at (800) 877–8339.
Background: Title VIII, subtitle B of
the Housing and Economic
Development Recovery Act of 2008
(HERA), (Pub. L. 110–289, approved
E:\FR\FM\29APN1.SGM
29APN1
pwalker on PROD1PC71 with NOTICES
Federal Register / Vol. 74, No. 81 / Wednesday, April 29, 2009 / Notices
July 30, 2008), which is cited as the
‘‘Housing Tax Credit Coordination Act
of 2008,’’ increases HUD’s ability to
facilitate and coordinate the use of low
income housing tax credits or taxexempt bonds with multifamily projects
that receive FHA assistance.
Section 2832 of HERA requires that
HUD implement ‘‘administrative and
procedural’’ changes to expedite the
approval of assistance for certain
multifamily assisted housing projects
for which HUD approval is required.
The multifamily housing projects
covered by this section include projects
for which HUD provides assistance in
conjunction with low-income housing
tax credits under section 42 of the
Internal Revenue Code of 1986 (26
U.S.C. 42) or tax-exempt housing bonds,
and public or assisted housing projects
for transactions, in conjunction with
any low-income housing tax credits or
tax-exempt bonds, involving the
preservation or rehabilitation of the
project.
Section 2832(c) of HERA directs HUD
to solicit recommendations from project
owners and sponsors, investors and
stakeholders in housing tax credits, state
and local housing finance agencies,
public housing agencies, tenant
advocates, and other stakeholders in
multifamily housing projects that will
be receiving the benefit of low income
housing tax credits or tax-exempt bonds,
regarding administrative and procedural
changes that could be implemented to
expedite the approval of applications for
HUD insured mortgages for such
projects. The category of assisted
multifamily housing projects to which
this notice applies also includes, in
addition to projects applying for FHA
mortgage insurance, projects that will
no longer have FHA insured mortgages,
but which request to continue to retain
the benefits of interest reduction
payments under Section 236 of the
National Housing Act (12 U.S.C. 1715z–
1), with LIHTC or tax-exempt bond
financing. This notice seeking comment
from stakeholders and other interested
members of the public is issued in
response to the direction in section 2832
of HERA to solicit recommendations on
the multifamily housing approval
process.
In addition to soliciting
recommendations, generally, on
administrative and procedural changes
that HUD should adopt to expedite and
facilitate its approval of multifamily
housing projects, HUD specifically
VerDate Nov<24>2008
17:48 Apr 28, 2009
Jkt 217001
solicits public comment on the
following areas:
(A) Improving the efficiency of
approval procedures;
(B) Simplifying approval
requirements,
(C) Establishing time deadlines or
target deadlines for required approvals;
(D) Modifying division of approval
authority between field and national
offices;
(E) Improving outreach to project
sponsors regarding information that is
required to be submitted for such
approvals;
(F) Requesting additional funding for
increasing staff, if necessary; and
(G) Any other actions which would
expedite approvals.
Those stakeholders and interested
members of the public who wish to
comment on these or related topics
should submit their comments as
provided in the ADDRESSES section of
this notice.
Dated: April 17, 2009.
Brian D. Montgomery,
Assistant Secretary for Housing—Federal
Housing Commissioner.
[FR Doc. E9–9677 Filed 4–28–09; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. 5200–FA–12]
Announcement of Funding Awards for
the Indian Community Development
Block Grant Program for Fiscal Year
2008
AGENCY: Office of Native American
Programs, Office of Public and Indian
Housing, HUD.
ACTION: Announcement of funding
awards.
SUMMARY: In accordance with Section
102(a)(4)(C) of the Department of
Housing and Urban Development
Reform Act of 1989, this announcement
notifies the public of funding decisions
made by the Department in a
competition for funding under the
Fiscal Year 2008 (FY 2008) Notice of
Funding Availability (NOFA) for the
Indian Community Development Block
Grant (ICDBG) Program. This
announcement contains the
consolidated names and addresses of
this year’s award recipients under the
ICDBG.
FOR FURTHER INFORMATION CONTACT: For
questions concerning the ICDBG
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
19577
Program awards, contact the Area Office
of Native American Programs (ONAP)
serving your area or Deborah M.
Lalancette, Office of Native American
Programs, 1670 Broadway, 23rd Floor,
Denver, CO 80202, telephone (303) 675–
1600. Hearing or speech-impaired
individuals may access this number via
TTY by calling the toll-free Federal
Information Relay Service at (800) 877–
8339.
SUPPLEMENTARY INFORMATION: This
program provides grants to Indian tribes
and Alaska Native Villages to develop
viable Indian and Alaska Native
communities, including the creation of
decent housing, suitable living
environments, and economic
opportunities primarily for persons with
low and moderate incomes as defined in
24 CFR 1003.4.
The FY 2008 awards announced in
this Notice were selected for funding in
a competition announced in a NOFA
published in the Federal Register on
May 12, 2008, (73 FR 27047).
Applications were scored and selected
for funding based on the selection
criteria in that notice and Area ONAP
geographic jurisdictional competitions.
The amount appropriated in FY 2008
to fund the ICDBG was $62,000,000.
$3,960,000 of this amount was retained
to fund imminent threat grants in
FY2008. In addition, a total of
$3,332,433 in carryover funds from
prior years was also available. The
allocations for the Area ONAP
geographic jurisdictions, including
carryover, are as follows:
Eastern/Woodlands ..............
Southern Plains ....................
Northern Plains .....................
Southwest .............................
Northwest ..............................
Alaska ...................................
$8,129,890
12,832,443
9,038,717
21,432,835
3,257,000
6,681,548
Total ...............................
61,372,433
In accordance with Section 102
(a)(4)(C) of the Department of Housing
and Urban Development Reform Act of
1989 (103 Stat.1987, 42 U.S.C. 3545),
the Department is publishing the names,
addresses, and amounts of the 83
awards made under the various regional
competitions in Appendix A to this
document.
Dated: April 9, 2009.
Paula O. Blunt,
General Deputy Assistant Secretary for Public
and Indian Housing.
Appendix A
E:\FR\FM\29APN1.SGM
29APN1
]]>Agencies
[Federal Register Volume 74, Number 81 (Wednesday, April 29, 2009)]
[Notices]
[Pages 19576-19577]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-9677]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5299-N-01]
Request for Recommendations Regarding Administrative and
Procedural Changes To Expedite the Approval of Applications for FHA-
Insured Multifamily Mortgages Involving Low-Income Housing Tax Credits
or Tax-Exempt Bonds
AGENCY: Office of the Assistant Secretary for Housing-Federal Housing
Commissioner, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This notice, pursuant to statute, solicits recommendations
from stakeholders in HUD's insured multifamily projects, as well as
interested members of the public, on administrative and procedural
changes that HUD should adopt to expedite approval of multifamily
housing projects involving low-income housing tax credits or tax-exempt
bonds under the jurisdiction of HUD. In addition to soliciting,
generally, recommendations on expediting the approval process of
multifamily housing projects, HUD is soliciting recommendations on
specific topics as stated in this notice.
DATES: Comment Due Date: June 29, 2009.
ADDRESSES: Interested persons are invited to submit comments regarding
this notice to the Regulations Division, Office of General Counsel, 451
7th Street, SW., Room 10276, Department of Housing and Urban
Development, Washington, DC 20410-0500. Communications must refer to
the above docket number and title. There are two methods for submitting
public comments. All submissions must refer to the above docket number
and title.
1. Submission of Comments by Mail. Comments may be submitted by
mail to the Regulations Division, Office of General Counsel, Department
of Housing and Urban Development, 451 7th Street, SW., Room 10276,
Washington, DC 20410-0500.
2. Electronic Submission of Comments. Interested persons may submit
comments electronically through the Federal eRulemaking Portal at
https://www.regulations.gov. HUD strongly encourages commenters to
submit comments electronically. Electronic submission of comments
allows the commenter maximum time to prepare and submit a comment,
ensures timely receipt by HUD, and enables HUD to make them immediately
available to the public. Comments submitted electronically through the
https://www.regulations.gov website can be viewed by other commenters
and interested members of the public. Commenters should follow the
instructions provided on that site to submit comments electronically.
Note: To receive consideration as public comments, comments
must be submitted through one of the two methods specified above.
Again, all submissions must refer to the docket number and title of
the rule.
No Facsimile Comments. Facsimile (FAX) comments are not acceptable.
Public Inspection of Public Comments. All properly submitted
comments and communications submitted to HUD will be available for
public inspection and copying between 8 a.m. and 5 p.m. weekdays at the
above address. Due to security measures at the HUD Headquarters
building, an advance appointment to review the public comments must be
scheduled by calling the Regulations Division at 202-708-3055 (this is
not a toll-free number). Individuals with speech or hearing impairments
may access this number through TTY by calling the Federal Information
Relay Service at 800-877-8339. Copies of all comments submitted are
available for inspection and downloading at https://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: Eric Stevenson, Deputy Director,
Office of Multifamily Development, Department of Housing and Urban
Development, 451 Seventh Street, SW., Room 6152, Washington, DC 20410,
Telephone 202-708-1142; e-mail: Eric.Stevenson@hud.gov. Individuals
with speech or hearing impairments may access this number through TTY
by calling the toll-free Federal Information Relay Service at (800)
877-8339.
Background: Title VIII, subtitle B of the Housing and Economic
Development Recovery Act of 2008 (HERA), (Pub. L. 110-289, approved
[[Page 19577]]
July 30, 2008), which is cited as the ``Housing Tax Credit Coordination
Act of 2008,'' increases HUD's ability to facilitate and coordinate the
use of low income housing tax credits or tax-exempt bonds with
multifamily projects that receive FHA assistance.
Section 2832 of HERA requires that HUD implement ``administrative
and procedural'' changes to expedite the approval of assistance for
certain multifamily assisted housing projects for which HUD approval is
required. The multifamily housing projects covered by this section
include projects for which HUD provides assistance in conjunction with
low-income housing tax credits under section 42 of the Internal Revenue
Code of 1986 (26 U.S.C. 42) or tax-exempt housing bonds, and public or
assisted housing projects for transactions, in conjunction with any
low-income housing tax credits or tax-exempt bonds, involving the
preservation or rehabilitation of the project.
Section 2832(c) of HERA directs HUD to solicit recommendations from
project owners and sponsors, investors and stakeholders in housing tax
credits, state and local housing finance agencies, public housing
agencies, tenant advocates, and other stakeholders in multifamily
housing projects that will be receiving the benefit of low income
housing tax credits or tax-exempt bonds, regarding administrative and
procedural changes that could be implemented to expedite the approval
of applications for HUD insured mortgages for such projects. The
category of assisted multifamily housing projects to which this notice
applies also includes, in addition to projects applying for FHA
mortgage insurance, projects that will no longer have FHA insured
mortgages, but which request to continue to retain the benefits of
interest reduction payments under Section 236 of the National Housing
Act (12 U.S.C. 1715z-1), with LIHTC or tax-exempt bond financing. This
notice seeking comment from stakeholders and other interested members
of the public is issued in response to the direction in section 2832 of
HERA to solicit recommendations on the multifamily housing approval
process.
In addition to soliciting recommendations, generally, on
administrative and procedural changes that HUD should adopt to expedite
and facilitate its approval of multifamily housing projects, HUD
specifically solicits public comment on the following areas:
(A) Improving the efficiency of approval procedures;
(B) Simplifying approval requirements,
(C) Establishing time deadlines or target deadlines for required
approvals;
(D) Modifying division of approval authority between field and
national offices;
(E) Improving outreach to project sponsors regarding information
that is required to be submitted for such approvals;
(F) Requesting additional funding for increasing staff, if
necessary; and
(G) Any other actions which would expedite approvals.
Those stakeholders and interested members of the public who wish to
comment on these or related topics should submit their comments as
provided in the Addresses section of this notice.
Dated: April 17, 2009.
Brian D. Montgomery,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. E9-9677 Filed 4-28-09; 8:45 am]
BILLING CODE 4210-67-P
