Federal Housing Administration (FHA): Section 232 Healthcare Facility Insurance Program-Submission of Operator Financial Reports in Accordance With HUD's Uniform Financial Reporting Standards: Commencement of Compliance, 59646-59647 [2014-23484]

Download as PDF 59646 Federal Register / Vol. 79, No. 192 / Friday, October 3, 2014 / Rules and Regulations FOR FURTHER INFORMATION CONTACT: Jason Stahl, Airspace Policy and Regulations Group, Office of Airspace Services, Federal Aviation Administration, 800 Independence Avenue SW., Washington, DC 20591; telephone: (202) 267–8783. SUPPLEMENTARY INFORMATION: assign the use of the airspace necessary to ensure the safety of aircraft and the efficient use of airspace. This regulation is within the scope of that authority as it amends the descriptions of restricted areas to reflect current facility names. Environmental Review Effective date: 0901 UTC, January 8, 2015. DATES: rmajette on DSK2TPTVN1PROD with RULES The Rule This action amends Title 14 Code of Federal Regulations (14 CFR) part 73 by amending the controlling agency name for the following Restricted Areas located in California: R–2502N Fort Irwin, CA, R–2505 China Lake, CA, R– 2506 China Lake South, CA, R–2508 Complex, CA, R–2515 Muroc Lake, CA, and R–2524 Trona, CA. The controlling agency for these restricted areas is changed from ‘‘FAA, Hi-Desert TRACON, Edwards AFB, CA’’ to ‘‘FAA, Joshua Control Facility, Edwards AFB, CA.’’ This is an administrative change to update the name of the controlling agency for the above listed restricted areas. It does not affect the boundaries, designated altitudes, or activities conducted within the restricted areas; therefore, notice and public procedure under 5 U.S.C. 553(b) are unnecessary. The FAA has determined that this action only involves an established body of technical regulations for which frequent and routine amendments are necessary to keep them operationally current. Therefore, this regulation: (1) is not a ‘‘significant regulatory action’’ under Executive Order 12866; (2) is not a ‘‘significant rule’’ under DOT Regulatory Policies and Procedures (44 FR 11034; February 26, 1979); and (3) does not warrant preparation of a regulatory evaluation as the anticipated impact is so minimal. Since this is a routine matter that only affects air traffic procedures and air navigation, it is certified that this rule, when promulgated, does not have a significant economic impact on a substantial number of small entities under the criteria of the Regulatory Flexibility Act. The FAA’s authority to issue rules regarding aviation safety is found in Title 49 of the United States Code. Subtitle I, Section 106 describes the authority of the FAA Administrator. Subtitle VII, Aviation Programs, describes in more detail the scope of the agency’s authority. This rulemaking is promulgated under the authority described in Subtitle VII, Part A, Subpart I, Section 40103. Under that section, the FAA is charged with prescribing regulations to VerDate Sep<11>2014 14:48 Oct 02, 2014 Jkt 235001 The FAA has determined that this action qualifies for categorical exclusion under the National Environmental Policy Act in accordance with FAA Order 1050.1E, Environmental Impacts: Policies and Procedures, paragraph 311d. This airspace action is an administrative change to the descriptions of the affected restricted areas to update the controlling agency name. It does not alter the dimensions, altitudes, or times of designation of the airspace; therefore, it is not expected to cause any potentially significant environmental impacts, and no extraordinary circumstances exists that warrant preparation of an environmental assessment. List of Subjects in 14 CFR Part 73 Airspace, Prohibited areas, Restricted areas. Adoption of the Amendment R–2508 Complex, CA [Amended] By removing the current controlling agency and adding in its place: ‘‘Controlling agency. FAA, Joshua Control Facility, Edwards AFB, CA.’’ * * * * * R–2515 Muroc Lake, CA [Amended] By removing the current controlling agency and adding in its place: ‘‘Controlling agency. FAA, Joshua Control Facility, Edwards AFB, CA.’’ * * * * * R–2524 Trona, CA [Amended] By removing the current controlling agency and adding in its place: ‘‘Controlling agency. FAA, Joshua Control Facility, Edwards AFB, CA.’’ * * * * * Issued in Washington, DC, on September 25, 2014. Gary A. Norek, Manager, Airspace Policy Regulations Group. [FR Doc. 2014–23662 Filed 10–2–14; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT In consideration of the foregoing, the Federal Aviation Administration amends 14 CFR part 73, as follows: 24 CFR Parts 5 and 232 PART 73—SPECIAL USE AIRSPACE Authority: 49 U.S.C. 106(g), 40103, 40113, 40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959– 1963 Comp., p. 389. Federal Housing Administration (FHA): Section 232 Healthcare Facility Insurance Program—Submission of Operator Financial Reports in Accordance With HUD’s Uniform Financial Reporting Standards: Commencement of Compliance § 73.25 AGENCY: 1. The authority citation for part 73 continues to read as follows: ■ ■ * [Amended] 2. § 73.25 is amended as follows: * * * * R–2502N Fort Irwin, CA [Amended] By removing the current controlling agency and adding in its place: ‘‘Controlling agency. FAA, Joshua Control Facility, Edwards AFB, CA.’’ * * * * * R–2505 China Lake, CA [Amended] By removing the current controlling agency and adding in its place: ‘‘Controlling agency. FAA, Joshua Control Facility, Edwards AFB, CA.’’ R–2506 China Lake South, CA [Amended] By removing the current controlling agency and adding in its place: ‘‘Controlling agency. FAA, Joshua Control Facility, Edwards AFB, CA.’’ * * * * * PO 00000 Frm 00024 Fmt 4700 Sfmt 4700 [Docket No. FR–5794–N–02] Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Announcement of commencement of compliance. On September 16, 2014, HUD published an interim rule that revised the financial reporting deadlines for operators participating in FHA’s program for insurance of health care facilities under section 232 of the National Housing Act (Section 232 program) to bring the operators in-line with the reporting periods prescribed in HUD’s Uniform Financial Reporting Standards. In accordance with HUD’s regulations implementing its Uniform Financial Reporting Standards, HUD is providing notice that it has issued guidance on the manner in which the reports by operators are to be submitted to HUD. DATES: Compliance date: December 2, 2014. SUMMARY: E:\FR\FM\03OCR1.SGM 03OCR1 Federal Register / Vol. 79, No. 192 / Friday, October 3, 2014 / Rules and Regulations rmajette on DSK2TPTVN1PROD with RULES FOR FURTHER INFORMATION CONTACT: Vance T. Morris, Office of Residential Care Facilities, Office of Healthcare Programs, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Room 6264, Washington, DC 20410–8000; telephone number 202–708–0599 (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 1–800–877–8339. SUPPLEMENTARY INFORMATION: Through a final rule published on September 7, 2012, at 77 FR 5512, HUD revised and updated the regulations for FHA’s Section 232 program, regulations that had not been revised since 1996. HUD revised the Section 232 program regulations to reflect current policy and practices, and improve accountability and strengthen risk management in the Section 232 program. Included in the updates made by the 2012 rulemaking were revisions to 24 CFR 5.801 (Uniform Financial Reporting Standards) and 24 CFR 232.1009 (Financial Reports), both of which contained reporting requirements applicable to the Section 232 program. HUD revised these regulatory sections to include operators of projects insured or held by HUD as entities that must submit financial statements to HUD. Owners and borrowers have long been required to submit financial reports. Sections 5.801(c)(4) and 232.1009 provide that operators must submit financial statements to HUD quarterly within 30 calendar days of the date of the end of each fiscal quarter, and 60 calendar days from the end of the fiscalyear-end. The other entities in the Section 232 program required to submit reports were provided slightly longer periods to prepare and submit the reports than that provided to operators. Accordingly, the September 7, 2012, rule placed operators on a different submission deadline than that required of owners. HUD’s interim rule published on September 16, 2014, at 79 FR 55360, revised the financial reporting deadlines for operators to bring them in-line with the reporting periods prescribed in HUD’s Uniform Financial Reporting Standards, to which owners and borrowers are subject. The interim rule increases the amount of time operators have to comply with the reporting requirements provided in §§ 5.801(c)(4) and 232.1009. The interim rule provides that operators will have an additional 30 calendar days to comply with the financial statement reporting requirements. Operators will now have VerDate Sep<11>2014 14:48 Oct 02, 2014 Jkt 235001 60 calendar days following the end of a fiscal quarter and 90 calendar days following the end of the fiscal-year-end quarter to comply with HUD’s financial statement reporting requirements. Section 5.801(d)(4) of HUD’s Uniform Financial Reporting Standards regulations provides that operators of projects with Section 232 insured mortgages (the entities described in § 5.801(a)(6)) must comply with the requirements of § 5.801 with respect to fiscal years commencing on or after the date that is 60 calendar days after the date on which HUD announces, through Federal Register notice, that it has issued guidance on the manner in which these reports will be transmitted to HUD. This document serves as the notice required by § 5.801(d)(4) that HUD has issued guidance on the manner in which the operator financial reports will be transmitted to HUD. That guidance can be found under the Guidance for Lenders’ Operator Financial Statement section at https://portal.hud.gov/ hudportal/HUD?src=/federal_housing_ administration/healthcare_facilities/ residential_care. Accordingly, operators must comply with the operator financial report requirements for fiscal years commencing on or after December 2, 2014. Information Collection Requirements The information collection requirements contained in this rule were reviewed by the Office of Management and Budget (OMB) under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501–3520), and assigned OMB Control Number 2502–0605. In accordance with the Paperwork Reduction Act, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information, unless the collection displays a currently valid OMB control number. Dated: September 26, 2014. Carol J. Galante, Assistant Secretary for Housing—Federal Housing Commissioner. [FR Doc. 2014–23484 Filed 10–2–14; 8:45 am] BILLING CODE 4210–67–P PO 00000 Frm 00025 Fmt 4700 Sfmt 4700 59647 DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 100 [Docket No. USCG–2014–0606] RIN 1625–AA00 Eighth Coast Guard District Annual Safety Zones; Three Rivers Towing Association Head of the Ohio Regatta; Allegheny River Mile 0.0 to 3.3; Pittsburgh, PA Coast Guard, DHS. Notice of enforcement of regulation. AGENCY: ACTION: The Coast Guard will enforce a safety zone for the Three Rivers Towing Association Head of the Ohio Regatta on the Allegheny River, from mile 0.0 to 3.3, extending the entire width of the river. This zone will be in effect on October 4, 2014 from 6:00 a.m. until 6:00 p.m. This zone is needed to protect vessels transiting the area and event spectators from the hazards associated with the Three Rivers Towing Association Head of the Ohio Regatta. During the enforcement period, entry into, transiting, or anchoring in the safety zone is prohibited to all vessels not registered with the sponsor as participants or official patrol vessels, unless specifically authorized by the Captain of the Port (COTP) Pittsburgh or a designated representative. DATES: The regulations in 33 CFR 100.801 will be enforced with actual notice on October 4, 2014. FOR FURTHER INFORMATION CONTACT: If you have questions on this notice of enforcement, call or email Ariana Mohnke, Marine Safety Unit Pittsburgh, U.S. Coast Guard, at telephone (412) 644–5808, email Ariana.L.Mohnke@uscg.mil. SUMMARY: The Coast Guard will enforce the Safety Zone for the annual Three Rivers Towing Association Head of the Ohio Regatta listed in 33 CFR 100.801 Table 1, Entry No. 31; Sector Ohio Valley. Under the provisions of 33 CFR 100.801, entry into the safety zone listed in Table 1, Entry No. 31; Sector Ohio Valley is prohibited unless authorized by the COTP or a designated representative. Persons or vessels desiring to enter into or passage through the safety zone must request permission from the COTP Pittsburgh or a designated representative. If permission is granted, all persons and vessels shall comply with the instructions of the SUPPLEMENTARY INFORMATION: E:\FR\FM\03OCR1.SGM 03OCR1

Agencies

[Federal Register Volume 79, Number 192 (Friday, October 3, 2014)]
[Rules and Regulations]
[Pages 59646-59647]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-23484]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

24 CFR Parts 5 and 232

[Docket No. FR-5794-N-02]


Federal Housing Administration (FHA): Section 232 Healthcare 
Facility Insurance Program--Submission of Operator Financial Reports in 
Accordance With HUD's Uniform Financial Reporting Standards: 
Commencement of Compliance

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

ACTION: Announcement of commencement of compliance.

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

SUMMARY: On September 16, 2014, HUD published an interim rule that 
revised the financial reporting deadlines for operators participating 
in FHA's program for insurance of health care facilities under section 
232 of the National Housing Act (Section 232 program) to bring the 
operators in-line with the reporting periods prescribed in HUD's 
Uniform Financial Reporting Standards. In accordance with HUD's 
regulations implementing its Uniform Financial Reporting Standards, HUD 
is providing notice that it has issued guidance on the manner in which 
the reports by operators are to be submitted to HUD.

DATES: Compliance date: December 2, 2014.

[[Page 59647]]


FOR FURTHER INFORMATION CONTACT: Vance T. Morris, Office of Residential 
Care Facilities, Office of Healthcare Programs, Office of Housing, 
Department of Housing and Urban Development, 451 7th Street SW., Room 
6264, Washington, DC 20410-8000; telephone number 202-708-0599 (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 1-800-877-8339.

SUPPLEMENTARY INFORMATION: Through a final rule published on September 
7, 2012, at 77 FR 5512, HUD revised and updated the regulations for 
FHA's Section 232 program, regulations that had not been revised since 
1996. HUD revised the Section 232 program regulations to reflect 
current policy and practices, and improve accountability and strengthen 
risk management in the Section 232 program.
    Included in the updates made by the 2012 rulemaking were revisions 
to 24 CFR 5.801 (Uniform Financial Reporting Standards) and 24 CFR 
232.1009 (Financial Reports), both of which contained reporting 
requirements applicable to the Section 232 program. HUD revised these 
regulatory sections to include operators of projects insured or held by 
HUD as entities that must submit financial statements to HUD. Owners 
and borrowers have long been required to submit financial reports. 
Sections 5.801(c)(4) and 232.1009 provide that operators must submit 
financial statements to HUD quarterly within 30 calendar days of the 
date of the end of each fiscal quarter, and 60 calendar days from the 
end of the fiscal-year-end. The other entities in the Section 232 
program required to submit reports were provided slightly longer 
periods to prepare and submit the reports than that provided to 
operators. Accordingly, the September 7, 2012, rule placed operators on 
a different submission deadline than that required of owners.
    HUD's interim rule published on September 16, 2014, at 79 FR 55360, 
revised the financial reporting deadlines for operators to bring them 
in-line with the reporting periods prescribed in HUD's Uniform 
Financial Reporting Standards, to which owners and borrowers are 
subject. The interim rule increases the amount of time operators have 
to comply with the reporting requirements provided in Sec. Sec.  
5.801(c)(4) and 232.1009. The interim rule provides that operators will 
have an additional 30 calendar days to comply with the financial 
statement reporting requirements. Operators will now have 60 calendar 
days following the end of a fiscal quarter and 90 calendar days 
following the end of the fiscal-year-end quarter to comply with HUD's 
financial statement reporting requirements.
    Section 5.801(d)(4) of HUD's Uniform Financial Reporting Standards 
regulations provides that operators of projects with Section 232 
insured mortgages (the entities described in Sec.  5.801(a)(6)) must 
comply with the requirements of Sec.  5.801 with respect to fiscal 
years commencing on or after the date that is 60 calendar days after 
the date on which HUD announces, through Federal Register notice, that 
it has issued guidance on the manner in which these reports will be 
transmitted to HUD.
    This document serves as the notice required by Sec.  5.801(d)(4) 
that HUD has issued guidance on the manner in which the operator 
financial reports will be transmitted to HUD. That guidance can be 
found under the Guidance for Lenders' Operator Financial Statement 
section at https://portal.hud.gov/hudportal/HUD?src=/federal_housing_administration/healthcare_facilities/residential_care. 
Accordingly, operators must comply with the operator financial report 
requirements for fiscal years commencing on or after December 2, 2014.

Information Collection Requirements

    The information collection requirements contained in this rule were 
reviewed by the Office of Management and Budget (OMB) under the 
Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520), and assigned OMB 
Control Number 2502-0605. In accordance with the Paperwork Reduction 
Act, an agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information, unless the collection 
displays a currently valid OMB control number.

    Dated: September 26, 2014.
Carol J. Galante,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 2014-23484 Filed 10-2-14; 8:45 am]
BILLING CODE 4210-67-P
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