Announcement of Funding Awards for the Section 4 Capacity Building for Community Development and Affordable Housing Program Fiscal Year 2009, 5338-5339 [2010-2112]
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5338
Federal Register / Vol. 75, No. 21 / Tuesday, February 2, 2010 / Notices
Number of
potential
sponsors
Estimated
annual frequency per
respondent
Type of information
collection
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Total annual
responses
Table of Contents ...........
Issuance Statement ........
Tax Opinion .....................
Transfer Affidavit .............
Supplemental Statement
Final Data Statements
(attached to closing letter).
Accountants’ Closing Letter.
Accountants’ OCS Letter
Structuring Data ..............
Financial Statements ......
Principal and Interest
Factor File Specifications.
Distribution Dates and
Statement.
Term Sheet .....................
New Issue File Layout ....
Flow of Funds .................
Trustee Receipt ...............
Attorney for Sponsor ......
Attorney for Sponsor ......
Attorney for Sponsor ......
Attorney for Sponsor ......
Attorney for Sponsor ......
Accountant for Sponsor
10
10
10
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1
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1
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10
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Accountant .....................
10
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80
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Accountant .....................
Accountant .....................
Trustee ...........................
10
10
10
10
1
1
1
1
10
10
10
10
8
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1
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80
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160
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10
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Sponsor ..........................
Trustee ...........................
Attorney for Sponsor ......
Attorney for Sponsor ......
10
10
10
10
1
1
1
1
10
10
10
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2
4
0.16
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40
1.6
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Total .........................
.........................................
........................
..........................
995.3
190
190
190
190
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4
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190
30.4
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3,040
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..........................
4,020.4
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16,933.05
..........................
232.5
Est. average
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0.33
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1
32
Est. annual
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3.3
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0.8
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Platinum Securities
Deposit Agreement .........
MBS Schedule ................
New Issue File Layout ....
Principal and Interest
Factor File Specifications.
Depositor ........................
Depositor ........................
Depositor ........................
Trustee ...........................
19
19
19
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Total .........................
.........................................
........................
..........................
Total Burden
Hours.
.........................................
........................
..........................
Calculation of Burden Hours:
Sponsors × Frequency per Year =
Estimated Annual Frequency.
Estimated Annual Frequency ×
Estimated Average Completion Time
= Estimated Annual Burden Hours.
Status of the proposed information
collection: Reinstatement, with change,
of a previously approved collection.
Authority: Section 3506 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35
as amended.
mstockstill on DSKH9S0YB1PROD with NOTICES
Dated: January 26, 2010.
Mary K. Kinney,
Executive Vice President, Government
National Mortgage Association.
[FR Doc. 2010–2111 Filed 2–1–10; 8:45 am]
BILLING CODE 4210–67–P
VerDate Nov<24>2008
16:52 Feb 01, 2010
Jkt 220001
10
10
10
10
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DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5300–N–12]
Announcement of Funding Awards for
the Section 4 Capacity Building for
Community Development and
Affordable Housing Program Fiscal
Year 2009
AGENCY: Office of the Assistant
Secretary for Community Planning and
Development, HUD.
ACTION: Notice 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 2009
Notice of Funding Availability (NOFA)
for the Section 4 Capacity Building for
Community Development and
Affordable Housing grants program.
This announcement contains the names
PO 00000
Frm 00060
Fmt 4703
Sfmt 4703
of the awardees and the amounts of the
awards made available by HUD.
FOR FURTHER INFORMATION CONTACT:
Karen E. Daly, Director, Office of Policy
Development and Coordination, Office
of Community Planning and
Development, 451 Seventh Street, SW.,
Room 7240, Washington, DC 20410–
7000; telephone (202) 402–5552 (this is
not a toll-free number). Hearing- and
speech-impaired persons may access
this number via TTY by calling the
Federal Relay Service toll-free at (800)
877–8339. For general information on
this and other HUD programs, call
Community Connections at (800) 998–
9999 or visit the HUD Web site at https://
www.hud.gov.
SUPPLEMENTARY INFORMATION: HUD’s
Capacity Building for Community
Development and Affordable Housing
program is authorized by Section 4 of
the HUD Demonstration Act of 1993
(Pub. L. 103–120, 107 Stat. 1148, 42
U.S.C. 9816 note), as amended, and the),
as amended, and the Omnibus
Appropriations Act, 2009 (Pub. L. 11–8,
E:\FR\FM\02FEN1.SGM
02FEN1
5339
Federal Register / Vol. 75, No. 21 / Tuesday, February 2, 2010 / Notices
approved February 25, 2009). The
Section 4 Capacity Building program
provides grants to national community
development intermediaries to enhance
the capacity and ability of community
development corporations and
community housing development
organizations to carry out community
development and affordable housing
activities that benefit low-income
families and persons. Capacity Building
funds support activities such as
training, education, support, loans,
grants, and development assistance.
The Fiscal Year 2009 competition was
announced on https://www.hud.gov on
June 15, 2009. The NOFA provided $34
million for Section 4 Capacity Building
grants For the Fiscal Year 2009
competition, HUD awarded three
competitive Section 4 Capacity Building
grants totaling $34,000,000.
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 grantees and the amounts
of the awards in Appendix A to this
document.
Dated: December 18, 2009.
´
Mercedes Marquez,
Assistant Secretary for Community Planning
and Development.
Appendix A
Fiscal Year 2009 Funding Awards for
the Section 4 Capacity Building for
Community Development and
Affordable Housing Program
Recipient
State
Enterprise Community Partners, Inc .................................................................................................................................
Local Initiatives Support Corporation ................................................................................................................................
Habitat for Humanity International ....................................................................................................................................
MD .......
NY ........
GA ........
$14,836,263
14,836,263
4,327,474
Total ...........................................................................................................................................................................
..............
34,000,000
[FR Doc. 2010–2112 Filed 2–1–10; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR-5389–N–01]
Mortgage and Loan Insurance
Programs Under the National Housing
Act—Debenture Interest Rates
mstockstill on DSKH9S0YB1PROD with NOTICES
AGENCY: Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner, HUD.
ACTION: Notice.
SUMMARY: This notice announces
changes in the interest rates to be paid
on debentures issued with respect to a
loan or mortgage insured by the Federal
Housing Administration under the
provisions of the National Housing Act
(the Act). The interest rate for
debentures issued under section
221(g)(4) of the Act during the 6-month
period beginning January 1, 2010, is 33⁄8
percent. The interest rate for debentures
issued under any other provision of the
Act is the rate in effect on the date that
the commitment to insure the loan or
mortgage was issued, or the date that the
loan or mortgage was endorsed (or
initially endorsed if there are two or
more endorsements) for insurance,
whichever rate is higher. The interest
rate for debentures issued under these
other provisions with respect to a loan
or mortgage committed or endorsed
during the 6-month period beginning
January 1, 2010, is 41⁄4 percent.
However, as a result of an amendment
to section 224 of the Act, if an insurance
claim relating to a mortgage insured
under sections 203 or 234 of the Act and
VerDate Nov<24>2008
16:52 Feb 01, 2010
Jkt 220001
endorsed for insurance after January 23,
2004, is paid in cash, the debenture
interest rate for purposes of calculating
a claim shall be the monthly average
yield, for the month in which the
default on the mortgage occurred, on
United States Treasury Securities
adjusted to a constant maturity of 10
years.
FOR FURTHER INFORMATION CONTACT:
Yong Sun, Department of Housing and
Urban Development, 451 Seventh Street,
SW., Room 5148, Washington, DC
20410–8000; telephone (202) 402–4778
(this is not a toll-free number).
Individuals with speech or hearing
impairments may access this number
through TTY by calling the toll-free
Federal Information Relay Service at
(800) 877–8339.
SUPPLEMENTARY INFORMATION: Section
224 of the National Housing Act (12
U.S.C. 1715o) provides that debentures
issued under the Act with respect to an
insured loan or mortgage (except for
debentures issued pursuant to section
221(g)(4) of the Act) will bear interest at
the rate in effect on the date the
commitment to insure the loan or
mortgage was issued, or the date the
loan or mortgage was endorsed (or
initially endorsed if there are two or
more endorsements) for insurance,
whichever rate is higher. This provision
is implemented in HUD’s regulations at
24 CFR 203.405, 203.479, 207.259(e)(6),
and 220.830. These regulatory
provisions state that the applicable rates
of interest will be published twice each
year as a notice in the Federal Register.
Section 224 further provides that the
interest rate on these debentures will be
set from time to time by the Secretary
of HUD, with the approval of the
PO 00000
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Fmt 4703
Sfmt 4703
Amount
Secretary of the Treasury, in an amount
not in excess of the annual interest rate
determined by the Secretary of the
Treasury pursuant to a statutory formula
based on the average yield of all
outstanding marketable Treasury
obligations of maturities of 15 or more
years.
The Secretary of the Treasury (1) has
determined, in accordance with the
provisions of section 224, that the
statutory maximum interest rate for the
period beginning January 1, 2010, is 41⁄4
percent; and (2) has approved the
establishment of the debenture interest
rate by the Secretary of HUD at 41⁄4
percent for the 6-month period
beginning January 1, 2010. This interest
rate will be the rate borne by debentures
issued with respect to any insured loan
or mortgage (except for debentures
issued pursuant to section 221(g)(4))
with insurance commitment or
endorsement date (as applicable) within
the first 6 months of 2010.
For convenience of reference, HUD is
publishing the following chart of
debenture interest rates applicable to
mortgages committed or endorsed since
January 1, 1980:
Effective
interest rate
on or after
prior to
91⁄2 .................
97⁄8 .................
113⁄4 ...............
127⁄8 ...............
123⁄4 ...............
101⁄4 ...............
103⁄8 ...............
111⁄2 ...............
133⁄8 ...............
115⁄8 ...............
111⁄8 ...............
101⁄4 ...............
81⁄4 .................
Jan. 1, 1980
July 1, 1980
Jan. 1, 1981
July 1, 1981
Jan. 1, 1982
Jan. 1, 1983
July 1, 1983
Jan. 1, 1984
July 1, 1984
Jan. 1, 1985
July 1, 1985
Jan. 1, 1986
July 1, 1987
July 1, 1980
Jan. 1, 1981
July 1, 1981
Jan. 1, 1982
Jan. 1, 1983
July 1, 1983
Jan. 1, 1984
July 1, 1984
Jan. 1, 1985
July 1, 1985
Jan. 1, 1986
July 1, 1986
Jan. 1, 1987
E:\FR\FM\02FEN1.SGM
02FEN1
]]>Agencies
[Federal Register Volume 75, Number 21 (Tuesday, February 2, 2010)]
[Notices]
[Pages 5338-5339]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-2112]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5300-N-12]
Announcement of Funding Awards for the Section 4 Capacity
Building for Community Development and Affordable Housing Program
Fiscal Year 2009
AGENCY: Office of the Assistant Secretary for Community Planning and
Development, HUD.
ACTION: Notice 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 2009 Notice of Funding Availability
(NOFA) for the Section 4 Capacity Building for Community Development
and Affordable Housing grants program. This announcement contains the
names of the awardees and the amounts of the awards made available by
HUD.
FOR FURTHER INFORMATION CONTACT: Karen E. Daly, Director, Office of
Policy Development and Coordination, Office of Community Planning and
Development, 451 Seventh Street, SW., Room 7240, Washington, DC 20410-
7000; telephone (202) 402-5552 (this is not a toll-free number).
Hearing- and speech-impaired persons may access this number via TTY by
calling the Federal Relay Service toll-free at (800) 877-8339. For
general information on this and other HUD programs, call Community
Connections at (800) 998-9999 or visit the HUD Web site at https://www.hud.gov.
SUPPLEMENTARY INFORMATION: HUD's Capacity Building for Community
Development and Affordable Housing program is authorized by Section 4
of the HUD Demonstration Act of 1993 (Pub. L. 103-120, 107 Stat. 1148,
42 U.S.C. 9816 note), as amended, and the), as amended, and the Omnibus
Appropriations Act, 2009 (Pub. L. 11-8,
[[Page 5339]]
approved February 25, 2009). The Section 4 Capacity Building program
provides grants to national community development intermediaries to
enhance the capacity and ability of community development corporations
and community housing development organizations to carry out community
development and affordable housing activities that benefit low-income
families and persons. Capacity Building funds support activities such
as training, education, support, loans, grants, and development
assistance.
The Fiscal Year 2009 competition was announced on https://www.hud.gov on June 15, 2009. The NOFA provided $34 million for Section
4 Capacity Building grants For the Fiscal Year 2009 competition, HUD
awarded three competitive Section 4 Capacity Building grants totaling
$34,000,000.
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 grantees and the amounts
of the awards in Appendix A to this document.
Dated: December 18, 2009.
Mercedes M[aacute]rquez,
Assistant Secretary for Community Planning and Development.
Appendix A
Fiscal Year 2009 Funding Awards for the Section 4 Capacity Building for
Community Development and Affordable Housing Program
------------------------------------------------------------------------
Recipient State Amount
------------------------------------------------------------------------
Enterprise Community Partners, Inc.. MD................ $14,836,263
Local Initiatives Support NY................ 14,836,263
Corporation.
Habitat for Humanity International.. GA................ 4,327,474
-----------------------------------
Total........................... .................. 34,000,000
------------------------------------------------------------------------
[FR Doc. 2010-2112 Filed 2-1-10; 8:45 am]
BILLING CODE 4210-67-P
