Federal Housing Administration (FHA) Mortgage Insurance Premiums for Multifamily Housing Programs, Health Care Facilities and Hospitals and Credit Subsidy Obligations for Fiscal Year (FY) 2011, 40741-40743 [2011-17233]

Download as PDF 40741 Federal Register / Vol. 76, No. 132 / Monday, July 11, 2011 / Notices Number of respondents Total annual responses Hours per response Total hours Applicants ........................................................................................................ Quarterly Reports ............................................................................................ Final Reports ................................................................................................... Recordkeeping ................................................................................................. 20 5 5 5 20 20 5 5 42 6 6 4 840 120 30 20 Total .......................................................................................................... 35 50 58 1010 Total Estimated Burden Hours: 1010. Status of the proposed information collection: Pending OMB approval. Authority: U.S. Code Title 12 1701z; Research and demonstrations. Dated: July 1, 2011. Raphael W. Bostic, Assistant Secretary for Policy Development and Research. [FR Doc. 2011–17312 Filed 7–8–11; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5480–N–66] Notice of Submission of Proposed Information Collection to OMB; Public Housing Authority Executive Compensation Information Office of the Chief Information Officer, HUD. ACTION: Notice. AGENCY: The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. HUD will collect and make transparent information on the five SUMMARY: highest compensated employees at public housing agencies (PHAs). DATES: Comments Due Date: August 10, 2011. ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval Number (2577–Pending) and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; e-mail OIRA– Submission@omb.eop.gov fax: 202–395– 5806. FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410; email Colette Pollard at Colette.Pollard@hud.gov; or telephone (202) 402–3400. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Pollard. SUPPLEMENTARY INFORMATION: This notice informs the public that the Department of Housing and Urban Development has submitted to OMB a request for approval of the Information collection described below. This notice is soliciting comments from members of the public and affecting agencies concerning the proposed collection of information to: (1) Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond; including 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: Public Housing Authority Executive Compensation Information. OMB Approval Number: 2577– Pending. Form Numbers: None. Description of the Need for the Information and Its Proposed Use: HUD will collect and make transparent information on the five highest compensated employees at public housing agencies (PHAs). Frequency of Submission: Annually. Number of respondents Annual responses 4,116 1 Reporting Burden .............................................................................. Total Estimated Burden Hours: 1,372. Status: New collection. erowe on DSK5CLS3C1PROD with NOTICES Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 35, as amended. Dated: July 1, 2011. Colette Pollard, Departmental Reports Management Officer, Office of the Chief Information Officer. [FR Doc. 2011–17234 Filed 7–8–11; 8:45 am] BILLING CODE 4210–67–P VerDate Mar<15>2010 15:30 Jul 08, 2011 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 3 ACTION: Federal Housing Administration (FHA) Mortgage Insurance Premiums for Multifamily Housing Programs, Health Care Facilities and Hospitals and Credit Subsidy Obligations for Fiscal Year (FY) 2011 Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 = Burden hours 1,372 Notice. This notice announces the mortgage insurance premiums (MIPs) for FHA Multifamily Housing, Health Care Facilities, and Hospital Mortgage Insurance programs that have commitments to be issued or reissued in FY 2011. The FY 2011 MIPs are the same as in FY 2010. For the third consecutive fiscal year, the MIPs remain unchanged for FHA’s mortgage insurance programs. In addition to announcing MIPs for FY 2011, this notice announces that the risk categories SUMMARY: [Docket No. FR–5534–N–01] AGENCY: Jkt 223001 Hours per response × E:\FR\FM\11JYN1.SGM 11JYN1 40742 Federal Register / Vol. 76, No. 132 / Monday, July 11, 2011 / Notices incurring positive credit subsidy obligations for firm commitments issued or reissued in FY 2011 are the same as those in FY 2010. There are three positive credit subsidy risk categories: (1) Section 221(d)(3) new construction/ substantial rehabilitation for nonprofit/ cooperatives; (2) section 241(a) supplemental loans for apartments only; and (3) section 223(d) operating loss loans. DATES: Effective Date: July 11, 2011. Iris Agubuzo, Office of Multifamily Development, Office of Housing, Department of Housing and Urban Development, 451 7th Street, SW, Washington, DC 20410–8000; telephone: 202–402–2662 (this is not a toll-free number). Hearing- or speech-impaired individuals may access these numbers through TTY by calling the Federal Relay Service at 800–877–8339 (this is a toll-free number). FOR FURTHER INFORMATION CONTACT: SUPPLEMENTARY INFORMATION: Under this regulation, HUD is required to publish a notice for public comment only when there are premium ‘‘changes.’’ Since HUD is not seeking to implement any premium changes for FY 2011 for the multifamily mortgage insurance programs, health care facilities, and hospital insurance programs listed in this notice, a notice for public comment is not required. HUD is issuing this notice to ensure clarity on the appropriate MIPs charged for FY 2011, and is not seeking public comments. II. Low-Income Housing Tax Credits MIP rates for many FHA mortgage insurance programs depend on whether or not the sponsor is combining lowincome housing tax credits (LIHTC) with the FHA-insured loan. The LIHTC program is an indirect Federal subsidy used to finance the development of affordable rental housing for lowincome households. III. MIPs for FHA’s Mortgage Insurance Programs for FY2011 I. Background HUD’s multifamily housing mortgage insurance regulation at 24 CFR 207.254 provides as follows: Notice of future premium changes will be published in the Federal Register. The Department will propose MIP changes for multifamily mortgage insurance programs and provide a 30-day public comment period for the purpose of accepting comments on whether the proposed changes are appropriate. In the chart below, this notice announces the MIPs which will be in effect during FY 2011 for the multifamily housing health care facilities, and hospital mortgage insurance programs-authorized under the National Housing Act (12 U.S.C. 1713 et seq.). The multifamily housing programs are administered by FHA’s Office of Multifamily Housing Programs. The health care facilities and the hospital insurance programs are administered by FHA’s Office of Healthcare Programs. The programs of these offices are listed separately on the chart. Credit Subsidy This notice also announces that a credit subsidy obligation continues to be required for the three sections of the National Housing Act listed below. However, if the mortgagor’s equity is produced from LIHTC for the programs authorized under section 221(d)(3) or section 241(a) of the National Housing Act, a credit subsidy obligation will not be required. For the loans requiring a credit subsidy obligation, the program office inserts a special clause into the firm commitment or an invitation pertaining to a Site Appraisal and Market Analysis (SAMA)/Feasibility/ Multifamily Accelerated Processing (MAP) letter. The clause states that the firm commitment is contingent upon availability of funds. • Section 221(d)(3) new construction/ substantial rehabilitation for nonprofit/ cooperatives. • Section 223(d) operating loss loans for both apartments and health care facilities. • Section 241(a) supplemental loans for additions or improvements for apartments only. The mortgage insurance premiums to be in effect for FHA firm commitments issued or reissued in FY 2011 are shown in the chart below. FISCAL YEAR 2011 MIP RATES MULTIFAMILY HOUSING, HEALTH CARE FACILITIES AND HOSPITAL INSURANCE PROGRAMS Basis points FHA Apartments erowe on DSK5CLS3C1PROD with NOTICES 207 Multifamily Housing New Construction/Sub Rehab without LIHTC ....................................................................................... 207 Multifamily Housing New Construction/Sub Rehab with LIHTC ............................................................................................ 207 Manufactured Home Parks without LIHTC ............................................................................................................................ 207 Manufactured Home Parks with LIHTC ................................................................................................................................. 221(d)(3) New Construction/Substantial Rehabilitation (NC/SR) for Nonprofit/Cooperative mortgagor without LIHTC .............. 221(d)(3) Limited dividend with LIHTC ......................................................................................................................................... 221(d)(4) NC/SR without LIHTC ................................................................................................................................................... 221(d)(4) NC/SR with LIHTC ........................................................................................................................................................ 220 Urban Renewal Housing without LIHTC ................................................................................................................................ 220 Urban Renewal Housing with LIHTC ..................................................................................................................................... 213 Cooperative ............................................................................................................................................................................ 207/223(f) Refinance or Purchase for Apartments without LIHTC ............................................................................................... 207/223(f) Refinance or Purchase for Apartments with LIHTC .................................................................................................... 223(a)(7) Refinance of Apartments without LIHTC ...................................................................................................................... 223(a)(7) Refinance of Apartments with LIHTC ........................................................................................................................... 223d Operating Loss Loan for Apartments ................................................................................................................................... 241(a) Supplemental Loans for Apartments/coop without LIHTC ................................................................................................ 241(a) Supplemental Loans for Apartments/coop with LIHTC ..................................................................................................... 50 45 50 45 80 45 45 45 50 45 50 *45 *45 45 45 80 80 45 FHA Health Care Facilities (Nursing Homes, ALF & B&C) 232 NC/SR Health Care Facilities without LIHTC ........................................................................................................................ 232 NC/SR—Assisted Living Facilities with LIHTC ...................................................................................................................... 231 Elderly Housing without LIHTC .............................................................................................................................................. 231 Elderly Housing with LIHTC ................................................................................................................................................... 232/223(f) Refinance for Health Care Facilities without LIHTC ................................................................................................... VerDate Mar<15>2010 15:30 Jul 08, 2011 Jkt 223001 PO 00000 Frm 00066 Fmt 4703 Sfmt 4703 E:\FR\FM\11JYN1.SGM 11JYN1 57 45 50 45 *50 Federal Register / Vol. 76, No. 132 / Monday, July 11, 2011 / Notices 40743 FISCAL YEAR 2011 MIP RATES MULTIFAMILY HOUSING, HEALTH CARE FACILITIES AND HOSPITAL INSURANCE PROGRAMS—Continued Basis points 232/223(f) Refinance for Health Care Facilities with LIHTC ........................................................................................................ 223(a)(7) Refinance of Health Care Facilities without LIHTC ...................................................................................................... 223(a)(7) Refinance of Health Care Facilities with LIHTC ........................................................................................................... 223d Operating Loss Loan for Health Care Facilities .................................................................................................................. 241(a) Supplemental Loans for Health Care Facilities without LIHTC ......................................................................................... 241(a) Supplemental Loans for Health Care Facilities with LIHTC .............................................................................................. *45 50 45 80 57 45 FHA Hospitals 242 Hospitals ................................................................................................................................................................................. 223(a)(7) Refinance of Existing FHA-insured Hospital ................................................................................................................. 223(f) Refinance or Purchase of Existing Non-FHA-insured Hospital .......................................................................................... 241(a) Supplemental Loans for Hospitals ..................................................................................................................................... 50 50 50 50 * The first year MIP for the Section 207/223(f) loans for apartments is 100 basis (one percent) points for the first year, as specified in sections 24 CFR 207.252b(a). The first year MIP for a Section 232/223(f) health care facility remains at 100 basis points (one percent). Dated: July 1, 2011. Robert C. Ryan, Acting Assistant Secretary for Housing— Federal Housing Commissioner. Bureau of Land Management, Interior. ACTION: Notice of realty action. conveyance under the provisions of the Recreation and Public Purposes (R&PP) Act, as amended, approximately 8.86 acres of public land in Uinta County, Wyoming. The Wyoming Department of Transportation (WYDOT) proposes to use the land for a Highway Patrol shooting range. DATES: Interested parties may submit comments regarding the proposed conveyance or classification of the lands until August 25, 2011. ADDRESSES: Send written comments to the Field Manager, Kemmerer Field Office, 312 Highway 189 North, Kemmerer, Wyoming 83101; or e-mail to john_christensen@blm.gov. FOR FURTHER INFORMATION CONTACT: Kelly Lamborn, Realty Specialist, BLM, Kemmerer Field Office, 312 Highway 189 North, Kemmerer, Wyoming 83101; (307) 828–4505; or kelly_lamborn@blm.gov. Persons who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1– 800–877–8339 to contact the above individual during normal business hours. The FIRS is available 24 hours a day, 7 days a week, to leave a message or question with the above individual. You will receive a reply during normal business hours. SUPPLEMENTARY INFORMATION: In accordance with Section 7 of the Taylor Grazing Act (43 U.S.C. 315f), and Executive Order No. 6910, the following described public land in Uinta County, Wyoming, has been examined and found suitable for classification for conveyance under the provisions of the R&PP Act, as amended (43 U.S.C. 869 et seq.): The Bureau of Land Management (BLM) has examined and found suitable for classification for Sixth Principal Meridian T. 16 N., R. 118 W., Sec. 34, lot 2. [FR Doc. 2011–17233 Filed 7–8–11; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF THE INTERIOR Bureau of Land Management [LLIDI00000.L71220000.FM0000. LVTF7724IDOO (IDI–35073)] Public Land Order No. 7772; Partial Revocation of the Executive Order dated April 17, 1926; Idaho Correction In notice document 2011–16401 appearing on pages 38206–38207 in the issue of June 29, 2011, make the following correction: On page 38207, in the first column, under Boise Meridian, Sec. 11, lot 1 should read ‘‘SE1⁄4NW1⁄4, NE1⁄4NE1⁄4SW1⁄4, W1⁄2NE1⁄4SW1⁄4, and E1⁄2SE1⁄4NE1⁄4SW1⁄4;’’. [FR Doc. C1–2011–16401 Filed 7–8–11; 8:45 am] BILLING CODE 1505–01–D DEPARTMENT OF THE INTERIOR Bureau of Land Management [LLWY920000 L14300000; WYW171298] erowe on DSK5CLS3C1PROD with NOTICES Notice of Realty Action: Recreation and Public Purposes Act Classification of Public Lands in Uinta County, WY AGENCY: SUMMARY: VerDate Mar<15>2010 15:30 Jul 08, 2011 Jkt 223001 PO 00000 Frm 00067 Fmt 4703 Sfmt 4703 The area described contains 8.86 acres, more or less, in Uinta County. In accordance with the R&PP Act, WYDOT filed an application to purchase the above-described 8.86 acres of public land to be developed as a Highway Patrol shooting range. Additional detailed information pertaining to this application, plan of development, and site plan is in case file WYW–171298, located in the BLM Kemmerer Field Office at the above address. The land would be conveyed without retention of a reversionary interest as allowed by 43 U.S.C. 869–2 and 43 CFR subpart 2743. The land is not needed for any Federal purpose. The conveyance is consistent with the BLM Kemmerer Resource Management Plan dated May 2010, and would be in the public interest. The patent, when issued, will be subject to the provisions of the R&PP Act and applicable regulations of the Secretary of the Interior, and will contain the following reservations to the United States: 1. A right-of-way thereon for ditches or canals constructed by the authority of the United States, Act of August 30, 1890 (43 U.S.C. 945); and 2. All minerals, together with the right to prospect for, mine, and remove such deposits from the same under applicable law and such regulations as the Secretary of the Interior may prescribe. The patent will be subject to all valid existing rights documented on the official public land records at the time of patent issuance. On July 11, 2011, the land described above will be segregated from all other forms of appropriation under the public land laws, including the general mining laws, except for conveyance under the R&PP Act, leasing under the mineral leasing laws, and disposals under the mineral material laws. E:\FR\FM\11JYN1.SGM 11JYN1

Agencies

[Federal Register Volume 76, Number 132 (Monday, July 11, 2011)]
[Notices]
[Pages 40741-40743]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-17233]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5534-N-01]


Federal Housing Administration (FHA) Mortgage Insurance Premiums 
for Multifamily Housing Programs, Health Care Facilities and Hospitals 
and Credit Subsidy Obligations for Fiscal Year (FY) 2011

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, HUD.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: This notice announces the mortgage insurance premiums (MIPs) 
for FHA Multifamily Housing, Health Care Facilities, and Hospital 
Mortgage Insurance programs that have commitments to be issued or 
reissued in FY 2011. The FY 2011 MIPs are the same as in FY 2010. For 
the third consecutive fiscal year, the MIPs remain unchanged for FHA's 
mortgage insurance programs. In addition to announcing MIPs for FY 
2011, this notice announces that the risk categories

[[Page 40742]]

incurring positive credit subsidy obligations for firm commitments 
issued or reissued in FY 2011 are the same as those in FY 2010. There 
are three positive credit subsidy risk categories: (1) Section 
221(d)(3) new construction/substantial rehabilitation for nonprofit/
cooperatives; (2) section 241(a) supplemental loans for apartments 
only; and (3) section 223(d) operating loss loans.

DATES: Effective Date: July 11, 2011.

FOR FURTHER INFORMATION CONTACT: Iris Agubuzo, Office of Multifamily 
Development, Office of Housing, Department of Housing and Urban 
Development, 451 7th Street, SW, Washington, DC 20410-8000; telephone: 
202-402-2662 (this is not a toll-free number). Hearing- or speech-
impaired individuals may access these numbers through TTY by calling 
the Federal Relay Service at 800-877-8339 (this is a toll-free number).

SUPPLEMENTARY INFORMATION:

I. Background

    HUD's multifamily housing mortgage insurance regulation at 24 CFR 
207.254 provides as follows:

    Notice of future premium changes will be published in the 
Federal Register. The Department will propose MIP changes for 
multifamily mortgage insurance programs and provide a 30-day public 
comment period for the purpose of accepting comments on whether the 
proposed changes are appropriate.

    Under this regulation, HUD is required to publish a notice for 
public comment only when there are premium ``changes.'' Since HUD is 
not seeking to implement any premium changes for FY 2011 for the 
multifamily mortgage insurance programs, health care facilities, and 
hospital insurance programs listed in this notice, a notice for public 
comment is not required. HUD is issuing this notice to ensure clarity 
on the appropriate MIPs charged for FY 2011, and is not seeking public 
comments.

II. Low-Income Housing Tax Credits

    MIP rates for many FHA mortgage insurance programs depend on 
whether or not the sponsor is combining low-income housing tax credits 
(LIHTC) with the FHA-insured loan. The LIHTC program is an indirect 
Federal subsidy used to finance the development of affordable rental 
housing for low-income households.

III. MIPs for FHA's Mortgage Insurance Programs for FY2011

    In the chart below, this notice announces the MIPs which will be in 
effect during FY 2011 for the multifamily housing health care 
facilities, and hospital mortgage insurance programs-authorized under 
the National Housing Act (12 U.S.C. 1713 et seq.). The multifamily 
housing programs are administered by FHA's Office of Multifamily 
Housing Programs. The health care facilities and the hospital insurance 
programs are administered by FHA's Office of Healthcare Programs. The 
programs of these offices are listed separately on the chart.

Credit Subsidy

    This notice also announces that a credit subsidy obligation 
continues to be required for the three sections of the National Housing 
Act listed below. However, if the mortgagor's equity is produced from 
LIHTC for the programs authorized under section 221(d)(3) or section 
241(a) of the National Housing Act, a credit subsidy obligation will 
not be required. For the loans requiring a credit subsidy obligation, 
the program office inserts a special clause into the firm commitment or 
an invitation pertaining to a Site Appraisal and Market Analysis 
(SAMA)/Feasibility/Multifamily Accelerated Processing (MAP) letter. The 
clause states that the firm commitment is contingent upon availability 
of funds.
     Section 221(d)(3) new construction/substantial 
rehabilitation for nonprofit/cooperatives.
     Section 223(d) operating loss loans for both apartments 
and health care facilities.
     Section 241(a) supplemental loans for additions or 
improvements for apartments only.
    The mortgage insurance premiums to be in effect for FHA firm 
commitments issued or reissued in FY 2011 are shown in the chart below.

 Fiscal Year 2011 MIP Rates Multifamily Housing, Health Care Facilities
                     and Hospital Insurance Programs
------------------------------------------------------------------------
                                                          Basis points
------------------------------------------------------------------------
                             FHA Apartments
------------------------------------------------------------------------
207 Multifamily Housing New Construction/Sub Rehab                    50
 without LIHTC........................................
207 Multifamily Housing New Construction/Sub Rehab                    45
 with LIHTC...........................................
207 Manufactured Home Parks without LIHTC.............                50
207 Manufactured Home Parks with LIHTC................                45
221(d)(3) New Construction/Substantial Rehabilitation                 80
 (NC/SR) for Nonprofit/Cooperative mortgagor without
 LIHTC................................................
221(d)(3) Limited dividend with LIHTC.................                45
221(d)(4) NC/SR without LIHTC.........................                45
221(d)(4) NC/SR with LIHTC............................                45
220 Urban Renewal Housing without LIHTC...............                50
220 Urban Renewal Housing with LIHTC..................                45
213 Cooperative.......................................                50
207/223(f) Refinance or Purchase for Apartments                      *45
 without LIHTC........................................
207/223(f) Refinance or Purchase for Apartments with                 *45
 LIHTC................................................
223(a)(7) Refinance of Apartments without LIHTC.......                45
223(a)(7) Refinance of Apartments with LIHTC..........                45
223d Operating Loss Loan for Apartments...............                80
241(a) Supplemental Loans for Apartments/coop without                 80
 LIHTC................................................
241(a) Supplemental Loans for Apartments/coop with                    45
 LIHTC................................................
------------------------------------------------------------------------
          FHA Health Care Facilities (Nursing Homes, ALF & B&C)
------------------------------------------------------------------------
232 NC/SR Health Care Facilities without LIHTC........                57
232 NC/SR--Assisted Living Facilities with LIHTC......                45
231 Elderly Housing without LIHTC.....................                50
231 Elderly Housing with LIHTC........................                45
232/223(f) Refinance for Health Care Facilities                      *50
 without LIHTC........................................

[[Page 40743]]

 
232/223(f) Refinance for Health Care Facilities with                 *45
 LIHTC................................................
223(a)(7) Refinance of Health Care Facilities without                 50
 LIHTC................................................
223(a)(7) Refinance of Health Care Facilities with                    45
 LIHTC................................................
223d Operating Loss Loan for Health Care Facilities...                80
241(a) Supplemental Loans for Health Care Facilities                  57
 without LIHTC........................................
241(a) Supplemental Loans for Health Care Facilities                  45
 with LIHTC...........................................
------------------------------------------------------------------------
                              FHA Hospitals
------------------------------------------------------------------------
242 Hospitals.........................................                50
223(a)(7) Refinance of Existing FHA-insured Hospital..                50
223(f) Refinance or Purchase of Existing Non-FHA-                     50
 insured Hospital.....................................
241(a) Supplemental Loans for Hospitals...............                50
------------------------------------------------------------------------
* The first year MIP for the Section 207/223(f) loans for apartments is
  100 basis (one percent) points for the first year, as specified in
  sections 24 CFR 207.252b(a). The first year MIP for a Section 232/
  223(f) health care facility remains at 100 basis points (one percent).


    Dated: July 1, 2011.
Robert C. Ryan,
Acting Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 2011-17233 Filed 7-8-11; 8:45 am]
BILLING CODE 4210-67-P