Notice of Intent To Conduct Affirmatively Furthering Fair Housing Demonstration in Baltimore, MD, Standard Metropolitan Statistical Area (SMSA), 54602-54604 [2012-21840]

Download as PDF 54602 Federal Register / Vol. 77, No. 172 / Wednesday, September 5, 2012 / Notices available for these purposes such amounts as you find necessary for Federal disaster assistance and administrative expenses. You are authorized to provide Public Assistance in the designated areas and Hazard Mitigation throughout the State. Consistent with the requirement that Federal assistance is supplemental, any Federal funds provided under the Stafford Act for Public Assistance and Hazard Mitigation will be limited to 75 percent of the total eligible costs. Further, you are authorized to make changes to this declaration for the approved assistance to the extent allowable under the Stafford Act. The Federal Emergency Management Agency (FEMA) hereby gives notice that pursuant to the authority vested in the Administrator, under Executive Order 12148, as amended, Nancy M. Casper, of FEMA is appointed to act as the Federal Coordinating Officer for this major disaster. The following areas of the State of New Mexico have been designated as adversely affected by this major disaster: Lincoln and Sandoval Counties and the Santa Clara Pueblo for Public Assistance. All counties and Indian Tribes in the State of New Mexico are eligible to apply for assistance under the Hazard Mitigation Grant Program. (The following Catalog of Federal Domestic Assistance Numbers (CFDA) are to be used for reporting and drawing funds: 97.030, Community Disaster Loans; 97.031, Cora Brown Fund; 97.032, Crisis Counseling; 97.033, Disaster Legal Services; 97.034, Disaster Unemployment Assistance (DUA); 97.046, Fire Management Assistance Grant; 97.048, Disaster Housing Assistance to Individuals and Households In Presidentially Declared Disaster Areas; 97.049, Presidentially Declared Disaster Assistance— Disaster Housing Operations for Individuals and Households; 97.050, Presidentially Declared Disaster Assistance to Individuals and Households—Other Needs; 97.036, Disaster Grants—Public Assistance (Presidentially Declared Disasters); 97.039, Hazard Mitigation Grant.) W. Craig Fugate, Administrator, Federal Emergency Management Agency. [FR Doc. 2012–21755 Filed 9–4–12; 8:45 am] tkelley on DSK3SPTVN1PROD with NOTICES BILLING CODE 9110–23–P VerDate Mar<15>2010 19:14 Sep 04, 2012 Jkt 226001 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5617–N–01] RIN 2502–ZA13 Notice of Intent To Conduct Affirmatively Furthering Fair Housing Demonstration in Baltimore, MD, Standard Metropolitan Statistical Area (SMSA) Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice of Intent To Conduct Affirmatively Furthering Fair Housing Demonstration in Baltimore, Maryland, SMSA. AGENCY: Through this proposed demonstration, HUD seeks to encourage developers and owners of multifamily housing properties in ‘‘communities of opportunity’’—as defined by Thompson v. HUD—in the Baltimore, Maryland, SMSA to make units in these properties affordable to low-income persons. HUD seeks to determine if, as proposed in this notice, providing developers with financial incentives, to create such housing can help reduce segregation in the Baltimore SMSA. DATES: Comments Due Date: November 5, 2012. ADDRESSES: Interested persons are invited to submit comments regarding HUD’s Affirmatively Furthering Fair Housing demonstration, as announced in this notice, to the Office of General Counsel, Rules Docket Clerk, Department of Housing and Urban Development, 451 7th Street SW., Room 10276, Washington, DC 20410–0001. Communications should refer to the above docket number and title and should contain the information specified in the ‘‘Request for Comments’’ of this notice. Submission of Hard Copy Comments. To ensure that the information is fully considered by all of the reviewers, each commenter submitting hard copy comments, by mail or hand delivery, should submit comments or requests to the address above. Due to security measures at all federal agencies, submission of comments or requests by mail often result in delayed delivery. To ensure timely receipt of comments, HUD recommends that any comments submitted by mail be submitted at least 2 weeks in advance of the public comment deadline. Electronic Submission of Comments. Interested persons may submit comments electronically through the Federal eRulemaking Portal at http:// www.regulations.gov. HUD strongly SUMMARY: PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 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 http:// www.regulations.gov Web site can be viewed by interested members of the public. Commenters should follow instructions provided on that site to submit comments electronically. No Facsimile Comments. Facsimile (FAX) comments are not acceptable. Public Inspection of Comments. All comments submitted to HUD regarding this notice will be available, without charge, 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 documents must be scheduled by calling the Regulations Division at 202–708–3055 (this is not a toll-free number). Copies of all documents submitted are available for inspection and downloading at http://www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Mary Ann Henderson, Office of Housing, U.S. Department of Housing and Urban Development, City Crescent Building, 10 South Howard Street, Fifth Floor, Baltimore, Maryland 21201–2505, telephone number 410–209–6545 (this is not a toll-free number). Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at 800–877–8339. SUPPLEMENTARY INFORMATION I. Background Section 808(e) of the Fair Housing Act (42 U.S.C. 3608(e)) requires HUD to administer its programs relating to housing and urban development in a manner to affirmatively further fair housing (AFFH). HUD carries out this obligation by requiring its program participants to affirmatively further fair housing. AFFH means undertaking affirmative efforts to overcome barriers to fair housing choice and reduce segregation of persons on the basis of race, national origin, and other protected classifications. HUD has funded a number of voucher mobility programs, for example, which pair Housing Choice Vouchers with mobility counseling to facilitate greater housing choice and overcome the effects of historic patterns of segregation. One such regional voucher mobility program E:\FR\FM\05SEN1.SGM 05SEN1 Federal Register / Vol. 77, No. 172 / Wednesday, September 5, 2012 / Notices tkelley on DSK3SPTVN1PROD with NOTICES was established in the Baltimore SMSA in 1996. Multifamily housing assisted by or with financing insured by HUD is subject to the Fair Housing Act’s AFFH requirement. Through this proposed demonstration, HUD seeks to encourage investment in multifamily housing and promote the availability of affordable housing units in a manner that reduces racial segregation and increases geographic and economic mobility in the Baltimore SMSA. For its multifamily housing programs that insure financing for multifamily housing development, HUD will offer incentives to make more affordable housing available in mixedincome, integrated communities. In addition, HUD will require that this new affordable housing is made available to Housing Choice Voucher holders, expanding housing options for these families. II. Proposed Demonstration HUD proposes to make available incentives for Federal Housing Administration (FHA) insured financing to developers in order to encourage the production and availability of more affordable housing units in areas identified as communities of opportunity in the Baltimore SMSA. Eligible areas are those in which the regional mobility program, established under the Thompson v. HUD settlement, operates, and which are identified as ‘‘communities of opportunities’’ in the Thompson v. HUD settlement. HUD believes that the proposed incentives will contribute to reducing racial segregation and increasing opportunities for low-income families to live in areas identified as communities of opportunity throughout the Baltimore SMSA. This demonstration would be open to multifamily owners and developers pursuing FHA mortgage insurance under the section 221(d)(4) program or other FHA multifamily finance programs for properties to be developed in eligible areas in the Baltimore SMSA. For such owners and developers who agree to set aside a percentage of newly constructed or rehabilitated two- or three-bedroom units for nonelderly families holding Housing Choice Vouchers, either under a project-based voucher contract or offered at rents less than or equal to the Fair Market Rent (FMR) for the Baltimore SMSA, and in order to encourage the construction of more affordable housing for these voucher holders, HUD proposes to offer one or a combination of the following incentives: • Lowering the mortgage insurance premium (MIP); VerDate Mar<15>2010 19:14 Sep 04, 2012 Jkt 226001 • Lowering the occupancy/vacancy rate when establishing the project’s anticipated budget; or • Establishing a procedure that results in greater or more frequent surplus cash distributions for projects containing a specified number of affordable units. The incentives offered would be subject to any constraints of current and future program and budget authorities and would be commensurate with the number of affordable units set aside in the property, which in no case would be less than 10 percent of the newly constructed or rehabilitated units in that property. HUD will provide, in the notice soliciting applications, which incentives will be available based on the percentage of affordable units that are set aside. Owners, developers, and lenders seeking to participate in the demonstration described in this notice must: 1 • Certify that they meet all other requirements for FHA-insured financing, comply with the terms of the demonstration, and comply with HUD’s nondiscrimination and equal opportunity requirements; • Submit an affirmative fair housing marketing plan satisfactory to HUD for both the market-rate units and the units that will be affordable to Housing Choice Voucher holders in Baltimore City and throughout the Baltimore SMSA (a satisfactory affirmative fair housing marketing plan must include marketing of affordable units to Housing Choice Voucher holders in Baltimore City through the Thompson regional mobility program); • Agree to not establish local residency preferences for properties that receive incentives pursuant to this demonstration; and • Maintain statistics on the race and ethnicity of applicants and occupants for both the affordable and market rate units HUD has estimated that a total of 1,200 to 1,500 units in multifamily housing properties may be made available per year in the Baltimore SMSA. If 10 percent of those units were set aside as affordable and available for vouchers holders under HUD’s Housing Choice Voucher program, the demonstration would yield approximately 120 to 150 affordable units per year. HUD will offer the above incentives for not more than 300 affordable units per year, and will carefully monitor the demonstration to 1 Published elsewhere in today’s Federal Register is HUD’s 60-day notice soliciting comment on the burden hours of the proposed information collection requirements as set forth in this section. PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 54603 determine whether it is succeeding in increasing available affordable housing units in Thompson v. HUD settlement communities of opportunity in the Baltimore SMSA. If, in any year during this demonstration fewer than 300 affordable units are created through the demonstration, the unused allocation of units would roll over and be available in subsequent years, not to exceed 500 units created through these incentives in any given year. To enable it to evaluate the success of the demonstration, HUD proposes to operate the program for a minimum of 7 years, as long as continued operation of the demonstration is consistent with prudent fiscal management of the FHA insurance fund. If the demonstration indicates that it is succeeding in increasing the number of affordable housing units in areas identified as communities of opportunity in the Baltimore SMSA, HUD will consider if the demonstration should be expanded to other SMSAs. III. Evaluating the Demonstration One of the principal purposes of the demonstration is to determine whether the incentives that HUD is proposing to provide developers and owners of multifamily housing properties results in the availability of more affordable housing to low-income persons in a manner that reduces racial segregation and increases geographic and economic mobility. HUD will, therefore, undertake an evaluation of the demonstration to determine whether the demonstration could serve as a model that could be successful nationwide or, alternatively, whether modifications to the demonstration are needed. IV. Solicitation of Public Comment In accordance with section 470 of the Housing and Urban-Rural Recovery Act of 1983 (42 U.S.C. 3542), HUD is seeking comment on the demonstration for a period of 60 days, before commencing the demonstration. After the close of the public comment period, and following full consideration of comments submitted, HUD will publish another notice that will advise of the commencement of the demonstration, the specific incentives that HUD would offer multifamily housing owners and developers for properties to be developed in communities of opportunity in the Baltimore SMSA, as identified for the Thompson regional mobility program, and other features or requirements of the demonstration that HUD may prescribe. During the comment period, HUD invites comment on all aspects of the demonstration, but specifically solicits E:\FR\FM\05SEN1.SGM 05SEN1 54604 Federal Register / Vol. 77, No. 172 / Wednesday, September 5, 2012 / Notices comment on the incentives, and the criteria for receiving them, that are proposed to be offered to multifamily owners and developers under the demonstration, and seeks suggestions on specific parameters for these incentives and additional incentives that may be helpful to HUD in achieving the goals of the demonstration. Dated: August 28, 2012. Carol J. Galante, Acting Assistant Secretary for Housing— Federal Housing Commissioner. [FR Doc. 2012–21840 Filed 9–4–12; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF THE INTERIOR Fish and Wildlife Service [FWS–HQ–IA–2012–N216; FXIA16710900000P5–123–FF09A30000] Endangered Species; Receipt of Applications for Permit Fish and Wildlife Service, Interior. ACTION: Notice of receipt of applications for permit. AGENCY: We, the U.S. Fish and Wildlife Service, invite the public to comment on the following applications to conduct certain activities with endangered species. With some exceptions, the Endangered Species Act (ESA) prohibits activities with listed species unless Federal authorization is acquired that allows such activities. DATES: We must receive comments or requests for documents on or before October 5, 2012. ADDRESSES: Brenda Tapia, Division of Management Authority, U.S. Fish and Wildlife Service, 4401 North Fairfax Drive, Room 212, Arlington, VA 22203; fax (703) 358–2280; or email DMAFR@fws.gov. SUMMARY: FOR FURTHER INFORMATION CONTACT: Brenda Tapia, (703) 358–2104 (telephone); (703) 358–2280 (fax); DMAFR@fws.gov (email). SUPPLEMENTARY INFORMATION: I. Public Comment Procedures tkelley on DSK3SPTVN1PROD with NOTICES A. How do I request copies of applications or comment on submitted applications? Send your request for copies of applications or comments and materials concerning any of the applications to the contact listed under ADDRESSES. Please include the Federal Register notice publication date, the PRTnumber, and the name of the applicant in your request or submission. We will VerDate Mar<15>2010 19:14 Sep 04, 2012 Jkt 226001 not consider requests or comments sent to an email or address not listed under ADDRESSES. If you provide an email address in your request for copies of applications, we will attempt to respond to your request electronically. Please make your requests or comments as specific as possible. Please confine your comments to issues for which we seek comments in this notice, and explain the basis for your comments. Include sufficient information with your comments to allow us to authenticate any scientific or commercial data you include. The comments and recommendations that will be most useful and likely to influence agency decisions are: (1) Those supported by quantitative information or studies; and (2) Those that include citations to, and analyses of, the applicable laws and regulations. We will not consider or include in our administrative record comments we receive after the close of the comment period (see DATES) or comments delivered to an address other than those listed above (see ADDRESSES). B. May I review comments submitted by others? Comments, including names and street addresses of respondents, will be available for public review at the street address listed under ADDRESSES. The public may review documents and other information applicants have sent in support of the application unless our allowing viewing would violate the Privacy Act or Freedom of Information Act. Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment—including your personal identifying information—may be made publicly available at any time. While you can ask us in your comment to withhold your personal identifying information from public review, we cannot guarantee that we will be able to do so. II. Background To help us carry out our conservation responsibilities for affected species, and in consideration of section 10(a)(1)(A) of the Endangered Species Act of 1973, as amended (16 U.S.C. 1531 et seq.), along with Executive Order 13576, ‘‘Delivering an Efficient, Effective, and Accountable Government,’’ and the President’s Memorandum for the Heads of Executive Departments and Agencies of January 21, 2009—Transparency and Open Government (74 FR 4685; January 26, 2009), which call on all Federal agencies to promote openness and transparency in Government by PO 00000 Frm 00051 Fmt 4703 Sfmt 4703 disclosing information to the public, we invite public comment on these permit applications before final action is taken. III. Permit Applications A. Endangered Species Applicant: Big Game Studio, Bronte, TX; PRT–82880A The applicant requests a permit to export sport hunted trophies of one male addax (Addax nasomaculatus), one male Dama gazelle (Nanger dama), one male Eld’s deer (Rucervus eldii), two male scimitar-horned oryx (Oryx dammah), and one male lechwe (Kobus leche) culled from captive herds in the United States for the purpose of enhancement to the survival of the species. Applicant: Corinne Zawacki, Tulane University, New Orleans, LA; PRT– 80058A The applicant requests a permit to import biological samples of Panamanian golden frogs (Atelopus zeteki) from Panama for the purpose of enhancement of the species through scientific research. This notification covers activities conducted by the applicant over a 5-year period. Applicant: Cedars-Sinai Medical Center Research Institute, Los Angeles, CA; PRT–68962A The applicant requests a permit to import biological samples of Western gorilla (Gorilla gorilla) from Canada for the purpose of enhancement of the species through scientific research. This notification covers activities to be conducted by the applicant over a 5year period. Applicant: Jim Beck, Shavano Park, TX; PRT 81901A The applicant requests a captive-bred wildlife registration under 50 CFR 17.21(g) for the scimitar-horned oryx (Oryx dammah) to enhance the species’ propagation or survival. This notification covers activities to be conducted by the applicant over a 5year period. Applicant: Jim Beck, Shavano Park, TX; PRT 81902A The applicant requests a permit authorizing interstate and foreign commerce, export, and cull of excess scimitar-horned oryx (Oryx dammah) from the captive herd maintained at their facility, for the purpose of enhancement of the survival of the species. This notification covers activities to be conducted by the applicant over a 5-year period. E:\FR\FM\05SEN1.SGM 05SEN1

Agencies

[Federal Register Volume 77, Number 172 (Wednesday, September 5, 2012)]
[Notices]
[Pages 54602-54604]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-21840]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5617-N-01]
RIN 2502-ZA13


Notice of Intent To Conduct Affirmatively Furthering Fair Housing 
Demonstration in Baltimore, MD, Standard Metropolitan Statistical Area 
(SMSA)

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

ACTION: Notice of Intent To Conduct Affirmatively Furthering Fair 
Housing Demonstration in Baltimore, Maryland, SMSA.

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

SUMMARY: Through this proposed demonstration, HUD seeks to encourage 
developers and owners of multifamily housing properties in 
``communities of opportunity''--as defined by Thompson v. HUD--in the 
Baltimore, Maryland, SMSA to make units in these properties affordable 
to low-income persons. HUD seeks to determine if, as proposed in this 
notice, providing developers with financial incentives, to create such 
housing can help reduce segregation in the Baltimore SMSA.

DATES: Comments Due Date: November 5, 2012.

ADDRESSES: Interested persons are invited to submit comments regarding 
HUD's Affirmatively Furthering Fair Housing demonstration, as announced 
in this notice, to the Office of General Counsel, Rules Docket Clerk, 
Department of Housing and Urban Development, 451 7th Street SW., Room 
10276, Washington, DC 20410-0001. Communications should refer to the 
above docket number and title and should contain the information 
specified in the ``Request for Comments'' of this notice.
    Submission of Hard Copy Comments. To ensure that the information is 
fully considered by all of the reviewers, each commenter submitting 
hard copy comments, by mail or hand delivery, should submit comments or 
requests to the address above. Due to security measures at all federal 
agencies, submission of comments or requests by mail often result in 
delayed delivery. To ensure timely receipt of comments, HUD recommends 
that any comments submitted by mail be submitted at least 2 weeks in 
advance of the public comment deadline.
    Electronic Submission of Comments. Interested persons may submit 
comments electronically through the Federal eRulemaking Portal at 
http://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 
http://www.regulations.gov Web site can be viewed by interested members 
of the public. Commenters should follow instructions provided on that 
site to submit comments electronically.
    No Facsimile Comments. Facsimile (FAX) comments are not acceptable.
    Public Inspection of Comments. All comments submitted to HUD 
regarding this notice will be available, without charge, 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 documents must be scheduled by 
calling the Regulations Division at 202-708-3055 (this is not a toll-
free number). Copies of all documents submitted are available for 
inspection and downloading at http://www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: Mary Ann Henderson, Office of Housing, 
U.S. Department of Housing and Urban Development, City Crescent 
Building, 10 South Howard Street, Fifth Floor, Baltimore, Maryland 
21201-2505, telephone number 410-209-6545 (this is not a toll-free 
number). Persons with hearing or speech impairments may access this 
number through TTY by calling the toll-free Federal Relay Service at 
800-877-8339.

SUPPLEMENTARY INFORMATION

I. Background

    Section 808(e) of the Fair Housing Act (42 U.S.C. 3608(e)) requires 
HUD to administer its programs relating to housing and urban 
development in a manner to affirmatively further fair housing (AFFH). 
HUD carries out this obligation by requiring its program participants 
to affirmatively further fair housing. AFFH means undertaking 
affirmative efforts to overcome barriers to fair housing choice and 
reduce segregation of persons on the basis of race, national origin, 
and other protected classifications. HUD has funded a number of voucher 
mobility programs, for example, which pair Housing Choice Vouchers with 
mobility counseling to facilitate greater housing choice and overcome 
the effects of historic patterns of segregation. One such regional 
voucher mobility program

[[Page 54603]]

was established in the Baltimore SMSA in 1996.
    Multifamily housing assisted by or with financing insured by HUD is 
subject to the Fair Housing Act's AFFH requirement. Through this 
proposed demonstration, HUD seeks to encourage investment in 
multifamily housing and promote the availability of affordable housing 
units in a manner that reduces racial segregation and increases 
geographic and economic mobility in the Baltimore SMSA. For its 
multifamily housing programs that insure financing for multifamily 
housing development, HUD will offer incentives to make more affordable 
housing available in mixed-income, integrated communities. In addition, 
HUD will require that this new affordable housing is made available to 
Housing Choice Voucher holders, expanding housing options for these 
families.

II. Proposed Demonstration

    HUD proposes to make available incentives for Federal Housing 
Administration (FHA) insured financing to developers in order to 
encourage the production and availability of more affordable housing 
units in areas identified as communities of opportunity in the 
Baltimore SMSA. Eligible areas are those in which the regional mobility 
program, established under the Thompson v. HUD settlement, operates, 
and which are identified as ``communities of opportunities'' in the 
Thompson v. HUD settlement. HUD believes that the proposed incentives 
will contribute to reducing racial segregation and increasing 
opportunities for low-income families to live in areas identified as 
communities of opportunity throughout the Baltimore SMSA.
    This demonstration would be open to multifamily owners and 
developers pursuing FHA mortgage insurance under the section 221(d)(4) 
program or other FHA multifamily finance programs for properties to be 
developed in eligible areas in the Baltimore SMSA. For such owners and 
developers who agree to set aside a percentage of newly constructed or 
rehabilitated two- or three-bedroom units for nonelderly families 
holding Housing Choice Vouchers, either under a project-based voucher 
contract or offered at rents less than or equal to the Fair Market Rent 
(FMR) for the Baltimore SMSA, and in order to encourage the 
construction of more affordable housing for these voucher holders, HUD 
proposes to offer one or a combination of the following incentives:
     Lowering the mortgage insurance premium (MIP);
     Lowering the occupancy/vacancy rate when establishing the 
project's anticipated budget; or
     Establishing a procedure that results in greater or more 
frequent surplus cash distributions for projects containing a specified 
number of affordable units. The incentives offered would be subject to 
any constraints of current and future program and budget authorities 
and would be commensurate with the number of affordable units set aside 
in the property, which in no case would be less than 10 percent of the 
newly constructed or rehabilitated units in that property. HUD will 
provide, in the notice soliciting applications, which incentives will 
be available based on the percentage of affordable units that are set 
aside.
    Owners, developers, and lenders seeking to participate in the 
demonstration described in this notice must: \1\
---------------------------------------------------------------------------

    \1\ Published elsewhere in today's Federal Register is HUD's 60-
day notice soliciting comment on the burden hours of the proposed 
information collection requirements as set forth in this section.
---------------------------------------------------------------------------

     Certify that they meet all other requirements for FHA-
insured financing, comply with the terms of the demonstration, and 
comply with HUD's nondiscrimination and equal opportunity requirements;
     Submit an affirmative fair housing marketing plan 
satisfactory to HUD for both the market-rate units and the units that 
will be affordable to Housing Choice Voucher holders in Baltimore City 
and throughout the Baltimore SMSA (a satisfactory affirmative fair 
housing marketing plan must include marketing of affordable units to 
Housing Choice Voucher holders in Baltimore City through the Thompson 
regional mobility program);
     Agree to not establish local residency preferences for 
properties that receive incentives pursuant to this demonstration; and
     Maintain statistics on the race and ethnicity of 
applicants and occupants for both the affordable and market rate units
    HUD has estimated that a total of 1,200 to 1,500 units in 
multifamily housing properties may be made available per year in the 
Baltimore SMSA. If 10 percent of those units were set aside as 
affordable and available for vouchers holders under HUD's Housing 
Choice Voucher program, the demonstration would yield approximately 120 
to 150 affordable units per year. HUD will offer the above incentives 
for not more than 300 affordable units per year, and will carefully 
monitor the demonstration to determine whether it is succeeding in 
increasing available affordable housing units in Thompson v. HUD 
settlement communities of opportunity in the Baltimore SMSA. If, in any 
year during this demonstration fewer than 300 affordable units are 
created through the demonstration, the unused allocation of units would 
roll over and be available in subsequent years, not to exceed 500 units 
created through these incentives in any given year. To enable it to 
evaluate the success of the demonstration, HUD proposes to operate the 
program for a minimum of 7 years, as long as continued operation of the 
demonstration is consistent with prudent fiscal management of the FHA 
insurance fund. If the demonstration indicates that it is succeeding in 
increasing the number of affordable housing units in areas identified 
as communities of opportunity in the Baltimore SMSA, HUD will consider 
if the demonstration should be expanded to other SMSAs.

III. Evaluating the Demonstration

    One of the principal purposes of the demonstration is to determine 
whether the incentives that HUD is proposing to provide developers and 
owners of multifamily housing properties results in the availability of 
more affordable housing to low-income persons in a manner that reduces 
racial segregation and increases geographic and economic mobility. HUD 
will, therefore, undertake an evaluation of the demonstration to 
determine whether the demonstration could serve as a model that could 
be successful nationwide or, alternatively, whether modifications to 
the demonstration are needed.

IV. Solicitation of Public Comment

    In accordance with section 470 of the Housing and Urban-Rural 
Recovery Act of 1983 (42 U.S.C. 3542), HUD is seeking comment on the 
demonstration for a period of 60 days, before commencing the 
demonstration. After the close of the public comment period, and 
following full consideration of comments submitted, HUD will publish 
another notice that will advise of the commencement of the 
demonstration, the specific incentives that HUD would offer multifamily 
housing owners and developers for properties to be developed in 
communities of opportunity in the Baltimore SMSA, as identified for the 
Thompson regional mobility program, and other features or requirements 
of the demonstration that HUD may prescribe.
    During the comment period, HUD invites comment on all aspects of 
the demonstration, but specifically solicits

[[Page 54604]]

comment on the incentives, and the criteria for receiving them, that 
are proposed to be offered to multifamily owners and developers under 
the demonstration, and seeks suggestions on specific parameters for 
these incentives and additional incentives that may be helpful to HUD 
in achieving the goals of the demonstration.

    Dated: August 28, 2012.
Carol J. Galante,
Acting Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 2012-21840 Filed 9-4-12; 8:45 am]
BILLING CODE 4210-67-P