Notice of Fund Availability (NOFA) for the Neighborhood Stabilization Program 2 (NSP2) Under the American Recovery and Reinvestment Act, 2009: Announcement of Availability of Updated Foreclosure Information, 29770-29771 [2013-11995]
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29770
Federal Register / Vol. 78, No. 98 / Tuesday, May 21, 2013 / Notices
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[FR Doc. 2013–12018 Filed 5–20–13; 8:45 am]
BILLING CODE 9110–12–P
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Department of Housing and Urban
Development, 451 Seventh Street, SW.,
Room 7286, Washington, DC 20410,
telephone number 202–708–3587.
Persons with hearing or speech
impairments may access this number
via TTY by calling the Federal Relay
Service at 800–877–8339. FAX inquiries
may be sent to Mr. Gimont at 202–401–
2044. (Except for the ‘‘800’’ number,
these telephone numbers are not tollfree.)
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
SUPPLEMENTARY INFORMATION:
[Docket No. FR–5321–N–05]
Background
Notice of Fund Availability (NOFA) for
the Neighborhood Stabilization
Program 2 (NSP2) Under the American
Recovery and Reinvestment Act, 2009:
Announcement of Availability of
Updated Foreclosure Information
On May 4, 2009, HUD posted its FY
2009 NSP2 NOFA on the Grants.Gov
Web site 1 and on HUD’s own Web site.2
The NOFA announced the availability
of up to $1.93 billion for HUD’s FY2009
NSP2 Program. The purpose of the
program is to stabilize communities that
have suffered from foreclosures and
abandonment through the purchase and
redevelopment of foreclosed and
abandoned homes and residential
properties. NSP2 is authorized by the
Housing and Economic Recovery Act
(Public Law 110–289) (HERA), as
amended by Title XII of Division A of
the American Reinvestment and
Recovery Act of 2009 (Public Law 111–
005) (Recovery Act).
The NSP2 NOFA requires grantees to
carry out NSP2 activities in a HUD-
Office of the Assistant
Secretary for Community Development
and Planning, HUD.
ACTION: Notice; announcement of
updated information.
TKELLEY on DSK3SPTVN1PROD with NOTICES
AGENCY:
SUMMARY: On May 4, 2009, HUD posted
its Fiscal Year (FY) 2009 NSP2 NOFA.
This document makes changes to the
NSP2 NOFA to allow NSP2 grantees to
use an updated foreclosure needs map
and associated needs index score in
selecting geographic target areas.
DATES: Effective Date: May 21, 2013.
FOR FURTHER INFORMATION CONTACT:
Stanley Gimont, Director, Office of
Block Grant Assistance, Office of
Community Planning and Development,
VerDate Mar<15>2010
17:07 May 20, 2013
Jkt 229001
1 See https://www07.grants.gov/search/search.do?
oppId=47326&mode=VIEW.
2 See https://portal.hud.gov/hudportal/documents/
huddoc?id=DOC_14161.pdf.
PO 00000
Frm 00074
Fmt 4703
Sfmt 4703
approved target area. HUD developed a
foreclosure needs map Web site to assist
grantees in selecting target areas that
meet the criteria for NSP2 funding. For
NSP2, the foreclosure needs map
provides foreclosure-related needs
scores at the census tract level and
grantees select one or more census tracts
that have an average combined index
score of 18 or greater as indicated by the
map. The needs scores were generated
with foreclosure data from 2005–2008.
This data is now dated and in many
cases it no longer reflects the foreclosure
market in NSP2 target areas. Further,
HUD updated mapping capabilities for
its Neighborhood Stabilization Program
3 (NSP3), allowing NSP3 grantees to
draw the outline of a targeted
neighborhood rather than selecting bestfit census tracts. This method allows a
better correlation between the data
provided and the target geography.
Updated Foreclosure Data for Use by
NSP2 Grantees
To take advantage of the refreshed
data and improved maps, HUD has
updated the foreclosure needs map with
more recent data that combines
foreclosures, pre-foreclosures, realestate-owned, and vacant property
transactions in the past 18 months.
From the effective date of this notice
published in today’s edition of the
Federal Register, all NSP2 grantees
must begin using the updated
foreclosure needs map Web site when
amending their currently approved
target areas. Grantees may continue
E:\FR\FM\21MYN1.SGM
21MYN1
Federal Register / Vol. 78, No. 98 / Tuesday, May 21, 2013 / Notices
working in target areas approved by
HUD prior to the effective date of this
notice, but any amendments made to
NSP2 for new target areas must qualify
based on information from the new data.
Amendment to FY 2009 NSP2 NOFA
The FY2009 NSP2 NOFA posted on
May 4, 2009, under Docket No. FR–
5321–N–01, as modified by Docket No.
FR–5321–C–02, issued June 11, 2009,3
is amended by revising Paragraph
II.B.8.b., pertaining to Geographic Need
to replace paragraph b.2. in its entirety
so that paragraph 8.b. reads as follows:
b. For applicants proposing to carry
out NSP2 activities, the neighborhoods
identified must meet one or the other of
the following requirements (you may
only select one method):
(1) The average foreclosure needs
index score for the identified target
geography must be 18 or greater, as
indicated by the index; or
(2) For any target area change after
May 21, 2013, the individual or average
combined index score for all new target
areas in the grantee’s geography must be
not less than the lesser of 17 or the
twentieth percentile most needy score
in an individual state. The scores for
target areas approved prior to May 21,
2013 will not be included in the average
combined index score for the new target
areas and grantees may continue to use
NSP2 funds in those prior approved
target areas.
Dated: May 10, 2013.
Mark Johnston,
Deputy Assistant Secretary for Special Needs.
[FR Doc. 2013–11995 Filed 5–20–13; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5447–N–02]
Notice of Formula Allocations and
Program Requirements for
Neighborhood Stabilization Programs
1 and 3 (NSP1 and NSP3) Formula
Grants; Amendment
Office of the Assistant
Secretary for Community Planning and
Development, HUD.
ACTION: Notice of allocation method,
waivers granted, alternative
requirements applied, and statutory
program requirements; amendment.
TKELLEY on DSK3SPTVN1PROD with NOTICES
AGENCY:
SUMMARY: On October 19, 2010, HUD
published a notice regarding
formulation allocations made under two
NSP grant (formula grant) programs—
3 https://portal.hud.gov/hudportal/documents/
huddoc?id=DOC_14165.pdf.
VerDate Mar<15>2010
17:07 May 20, 2013
Jkt 229001
NSP1 and NSP3. This document makes
changes to the notice to allow NSP1 and
require NSP3 grantees to use an updated
foreclosure needs map and associated
needs index score in selecting
geographic target areas.
DATES: Effective Date: May 21, 2013.
FOR FURTHER INFORMATION CONTACT:
Stanley Gimont, Director, Office of
Block Grant Assistance, Office of
Community Planning and Development,
Department of Housing and Urban
Development, 451 Seventh Street SW.,
Room 7286, Washington, DC 20410,
telephone number 202–708–3587.
Persons with hearing or speech
impairments may access this number
via TTY by calling the Federal Relay
Service at 800–877–8339. FAX inquiries
may be sent to Mr. Gimont at 202–401–
2044. (Except for the ‘‘800’’ number,
these telephone numbers are not tollfree.)
SUPPLEMENTARY INFORMATION:
Background
On October 19, 2010, at 75 FR 64322,
HUD published in the Federal Register
a notice pertaining to both NSP1 and
NSP3 (referred to as the Unified Notice),
which advised the public of the
allocation formula and allocation
amounts, the list of grantees, alternative
requirements, and the waivers of
regulations granted to grantees under
Section 2301(b) of the Housing and
Economic Recovery Act of 2008 (Pub. L.
110–289, approved July 30, 2008)
(HERA), as amended, and an additional
allocation of funds provided under
Section 1497 of the Dodd-Frank Wall
Street Reform and Consumer Protection
Act of 2010 (Pub. L. 111–203, approved
July 21, 2010) (Dodd-Frank Act) for the
purpose of assisting in the
redevelopment of abandoned and
foreclosed homes. Except where
provided for otherwise, these amounts
are distributed based on funding
formulas for such amounts established
by the Secretary in accordance with
HERA.
HUD’s notice pertaining to NSP1,
published in the Federal Register on
October 6, 2008, at 73 FR 58330, gave
NSP1 grantees the flexibility to carry out
activities in area(s) of greatest need as
defined by the grantee. The notice asked
grantees to describe in the NSP1
substantial amendment to the Annual
Action Plan how the funds would be
distributed to meet the requirements of
Section 2301(c)(2) of HERA. At the time
of publication of the NSP1 notice, HUD
was not able to provide national data on
home foreclosures to assist grantees in
selecting NSP1 target areas. However,
HUD encouraged NSP1 grantees to use
PO 00000
Frm 00075
Fmt 4703
Sfmt 4703
29771
publicly available data, if such data
covered their communities, and to use
the nationwide data by neighborhood
when HUD launched the needs mapping
tool in June 2009.
HUD’s Unified Notice requires NSP3
grantees to carry out activities in a HUDapproved target area. HUD developed a
foreclosure needs map Web site to assist
grantees in selecting target areas that
meet the criteria for NSP3 funding.
NSP1 grantees were encouraged to use
the Web site as they adjusted their
plans. The foreclosure needs map
provides foreclosure-related needs
scores based on grantee-selected target
geography. A grantee uses the tool to
draw the outline of a targeted
neighborhood. When the grantee saves
its selection, the tool produces a report
that indicates whether the selected area
meets the NSP3 criteria. The data that
produces the needs scores is now dated
and in many cases the data no longer
reflects the effects of foreclosures on the
housing markets in NSP1 or NSP3 target
areas.
Updated Foreclosure Data for Use by
NSP1 and NSP3 Grantees
HUD has updated this data and it is
now available for use by NSP1 and
NSP3 grantees. The data combines
foreclosures, pre-foreclosures, realestate-owned, and vacant property
transactions from March 2011 through
September 2012.
For NSP1 Grantees: The updated data
is available to NSP1 grantees for use in
determining and designating areas of
greatest need.
For NSP3 Grantees: From the effective
date of this notice published in today’s
edition of the Federal Register, all NSP3
grantees must begin using the updated
foreclosure needs map Web site when
amending their currently approved
target areas. NSP3 grantees may
continue to work in target areas
approved by HUD prior to the effective
date of this Notice, but any amendments
made to select new NSP3 target areas
from the effective date of this Notice
must qualify based on information from
the new maps and data.
Amendment to Unified Notice
Paragraph II. B.2.a.ii of HUD’s Unified
Notice, at 75 FR 64327, pertaining to
contents of the NSP Action Plan, and,
with respect to subparagraph ii,
pertaining to the neighborhood or
neighborhoods identified by the NSP3
grantee as being the areas of greatest
need, is revised by adding the following
undesignated paragraph:
Effective for any target area change
after May 21, 2013, the individual or
average combined index score for all
E:\FR\FM\21MYN1.SGM
21MYN1
Agencies
[Federal Register Volume 78, Number 98 (Tuesday, May 21, 2013)]
[Notices]
[Pages 29770-29771]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-11995]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5321-N-05]
Notice of Fund Availability (NOFA) for the Neighborhood
Stabilization Program 2 (NSP2) Under the American Recovery and
Reinvestment Act, 2009: Announcement of Availability of Updated
Foreclosure Information
AGENCY: Office of the Assistant Secretary for Community Development and
Planning, HUD.
ACTION: Notice; announcement of updated information.
-----------------------------------------------------------------------
SUMMARY: On May 4, 2009, HUD posted its Fiscal Year (FY) 2009 NSP2
NOFA. This document makes changes to the NSP2 NOFA to allow NSP2
grantees to use an updated foreclosure needs map and associated needs
index score in selecting geographic target areas.
DATES: Effective Date: May 21, 2013.
FOR FURTHER INFORMATION CONTACT: Stanley Gimont, Director, Office of
Block Grant Assistance, Office of Community Planning and Development,
Department of Housing and Urban Development, 451 Seventh Street, SW.,
Room 7286, Washington, DC 20410, telephone number 202-708-3587. Persons
with hearing or speech impairments may access this number via TTY by
calling the Federal Relay Service at 800-877-8339. FAX inquiries may be
sent to Mr. Gimont at 202-401-2044. (Except for the ``800'' number,
these telephone numbers are not toll-free.)
SUPPLEMENTARY INFORMATION:
Background
On May 4, 2009, HUD posted its FY 2009 NSP2 NOFA on the Grants.Gov
Web site \1\ and on HUD's own Web site.\2\ The NOFA announced the
availability of up to $1.93 billion for HUD's FY2009 NSP2 Program. The
purpose of the program is to stabilize communities that have suffered
from foreclosures and abandonment through the purchase and
redevelopment of foreclosed and abandoned homes and residential
properties. NSP2 is authorized by the Housing and Economic Recovery Act
(Public Law 110-289) (HERA), as amended by Title XII of Division A of
the American Reinvestment and Recovery Act of 2009 (Public Law 111-005)
(Recovery Act).
---------------------------------------------------------------------------
\1\ See https://www07.grants.gov/search/search.do?oppId=47326&mode=VIEW.
\2\ See https://portal.hud.gov/hudportal/documents/huddoc?id=DOC_14161.pdf.
---------------------------------------------------------------------------
The NSP2 NOFA requires grantees to carry out NSP2 activities in a
HUD-approved target area. HUD developed a foreclosure needs map Web
site to assist grantees in selecting target areas that meet the
criteria for NSP2 funding. For NSP2, the foreclosure needs map provides
foreclosure-related needs scores at the census tract level and grantees
select one or more census tracts that have an average combined index
score of 18 or greater as indicated by the map. The needs scores were
generated with foreclosure data from 2005-2008. This data is now dated
and in many cases it no longer reflects the foreclosure market in NSP2
target areas. Further, HUD updated mapping capabilities for its
Neighborhood Stabilization Program 3 (NSP3), allowing NSP3 grantees to
draw the outline of a targeted neighborhood rather than selecting best-
fit census tracts. This method allows a better correlation between the
data provided and the target geography.
Updated Foreclosure Data for Use by NSP2 Grantees
To take advantage of the refreshed data and improved maps, HUD has
updated the foreclosure needs map with more recent data that combines
foreclosures, pre-foreclosures, real-estate-owned, and vacant property
transactions in the past 18 months. From the effective date of this
notice published in today's edition of the Federal Register, all NSP2
grantees must begin using the updated foreclosure needs map Web site
when amending their currently approved target areas. Grantees may
continue
[[Page 29771]]
working in target areas approved by HUD prior to the effective date of
this notice, but any amendments made to NSP2 for new target areas must
qualify based on information from the new data.
Amendment to FY 2009 NSP2 NOFA
The FY2009 NSP2 NOFA posted on May 4, 2009, under Docket No. FR-
5321-N-01, as modified by Docket No. FR-5321-C-02, issued June 11,
2009,\3\ is amended by revising Paragraph II.B.8.b., pertaining to
Geographic Need to replace paragraph b.2. in its entirety so that
paragraph 8.b. reads as follows:
---------------------------------------------------------------------------
\3\ https://portal.hud.gov/hudportal/documents/huddoc?id=DOC_14165.pdf.
---------------------------------------------------------------------------
b. For applicants proposing to carry out NSP2 activities, the
neighborhoods identified must meet one or the other of the following
requirements (you may only select one method):
(1) The average foreclosure needs index score for the identified
target geography must be 18 or greater, as indicated by the index; or
(2) For any target area change after May 21, 2013, the individual
or average combined index score for all new target areas in the
grantee's geography must be not less than the lesser of 17 or the
twentieth percentile most needy score in an individual state. The
scores for target areas approved prior to May 21, 2013 will not be
included in the average combined index score for the new target areas
and grantees may continue to use NSP2 funds in those prior approved
target areas.
Dated: May 10, 2013.
Mark Johnston,
Deputy Assistant Secretary for Special Needs.
[FR Doc. 2013-11995 Filed 5-20-13; 8:45 am]
BILLING CODE 4210-67-P