Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs, 72106-72107 [2015-29469]

Download as PDF 72106 ACTION: Federal Register / Vol. 80, No. 222 / Wednesday, November 18, 2015 / Notices Notice. FOR FURTHER INFORMATION CONTACT: HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment. SUMMARY: DATES: Comments Due Date: January 19, 2016. Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW., Room 4176, Washington, DC 20410–5000; telephone 202–402–3400 (this is not a toll-free number) or email at Colette.Pollard@hud.gov for a copy of the proposed forms or other available information. Persons with hearing or speech impairments may access this number through TTY by calling the tollfree Federal Relay Service at (800) 877– 8339. ADDRESSES: Thann Young, Office of Rural Housing and Economic Development, Department of Housing and Urban Development, 451 7th Street SW., Room 7240, Washington, DC 20410; email Thann Young at Thann.Young@hud.gov or telephone 202–708–2290. This is not a toll-free number. Persons with hearing or speech impairments may access this number through TTY by calling the tollfree Federal Relay Service at (800) 877– 8339. Copies of available documents submitted to OMB may be obtained from Ms. Pollard. SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A. A. Overview of Information Collection Title of Information Collection: Indian Community Capital Initiative. OMB Approval Number: 2506—New. Type of Request: New Collection. Form Numbers: SF 424; HUD 424CB; HUD 424–CBW; SF–LLL; HUD 2880; HUD 2990; HUD 2991; HUD 2993; HUD 2994A; HUD 27061; and HUD 27300. Description of the need for the information and proposed use: The Indian Community Capital Initiative Annual responses Respondents HUD–424CB ............................................ HUD–424CBW ......................................... HUD–2880 ............................................... HUD–2990 ............................................... HUD–2991 ............................................... HUD–2993 ............................................... HUD–2994A ............................................. HUD–27061 ............................................. HUD–27300 ............................................. Total .................................................. 566 566 566 566 566 566 566 566 566 5,094 asabaliauskas on DSK5VPTVN1PROD with NOTICES B. Solicitation of Public Comment This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following: (1) 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) The accuracy of the agency’s estimate of the burden of the proposed collection of information; (3) Ways to enhance the quality, utility, and clarity of the information to be collected; and (4) Ways to minimize the burden of the collection of information on those who are to respond; including through VerDate Sep<11>2014 18:50 Nov 17, 2015 Jkt 238001 Total responses 1 1 1 1 1 1 1 1 1 ........................ 566 566 566 566 566 566 566 566 566 5,094 the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. HUD encourages interested parties to submit comment in response to these questions. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. Dated: November 4, 2015. Harriet Tregoning, Principal Deputy Assistant Secretary for Community Planning and Development. [FR Doc. 2015–29461 Filed 11–17–15; 8:45 am] BILLING CODE 4210–67–P PO 00000 (ICCI) is a collaborative effort among three federal agencies—the Department of Housing and Urban Development (HUD), the Department of the Treasury—Community Development Financial Institutions Fund (CDFI Fund), and the Department of Agriculture—Rural Development (USDA–RD). The ICCI’s goal is to increase access to capital for business lending and economic development and entrepreneurship for Federally recognized Indian tribes. Federally recognized Indian tribe means any tribal entity eligible to apply for funding and services from the Bureau of Indian Affairs by virtue of its status as an Indian tribe. The list of Federally recognized Indian tribes can be found in the notice published by the Department of the Interior on January 14, 2015 (Federal Register/Vol. 80, No. 9/Wednesday, January 14, 2015/ Notices). Respondents (i.e. affected public): Public. Estimated Number of Respondents: 566. Estimated Number of Responses: 566. Frequency of Response: 1. Average Hours per Response: 7211. Total Estimated Burdens: Burden per response 3.12 3.12 2.0 0 0 0 .5 1.0 3.0 ........................ Fmt 4703 Sfmt 4703 1,766 1,766 1,132 0 0 0 283 566 1,698 7,211 Burden cost per instrument 44,150 44,150 28,300 0 0 0 7,075 14,150 42,450 180,275 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5886–N–01] Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice. AGENCY: In accordance with Section 206A of the National Housing Act, HUD has adjusted the Basic Statutory Mortgage Limits for Multifamily Housing Programs for Calendar Year 2015. SUMMARY: DATES: Frm 00067 Total annual hours E:\FR\FM\18NON1.SGM Effective date: January 1, 2015. 18NON1 Federal Register / Vol. 80, No. 222 / Wednesday, November 18, 2015 / Notices FOR FURTHER INFORMATION CONTACT: Daniel J. Sullivan, Deputy Director, Office of Multifamily Development, Department of Housing and Urban Development, 451 Seventh Street SW., Washington, DC 20410–8000, telephone (202) 402–6130 (this is not a toll-free number). Hearing or speech-impaired individuals may access this number through TTY by calling the toll-free Federal Information Relay Service at (800) 877–8339. The FHA Down Payment Simplification Act of 2002 (Pub. L. 107–326, approved December 4, 2002) amended the National Housing Act by adding a new Section 206A (12 U.S.C. 1712a). Under Section 206A, the following are affected: I. Section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A)); II. Section 213(b)(2)(A) (12 U.S.C. 1715e (b)(2)(A)); III. Section 220(d)(3)(B)(iii)(I) (12 U.S.C. 1715k (d)(3)(B)(iii)(I)); IV. Section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I)); V. Section 231(c)(2)(A) (12 U.S.C. 1715v(c)(2)(A)); and VI. Section 234(e)(3)(A) (12 U.S.C. 1715y(e)(3)(A)). The Dollar Amounts in these sections are the base per unit statutory limits for FHA’s multifamily mortgage programs collectively referred to as the ‘Dollar Amounts,’ they are adjusted annually (commencing in 2004) on the effective date of the Consumer Financial Protection Bureau’s adjustment of the $400 figure in the Home Ownership and Equity Protection Act of 1994 (HOEPA) (Pub. L. 103–325, approved September 23, 1994). The adjustment of the Dollar Amounts shall be calculated using the percentage change in the Consumer Price Index for All Urban Consumers (CPI–U) as applied by the Bureau of Consumer Financial Protection for purposes of the above-described HOEPA adjustment. HUD has been notified of the percentage change in the CPI–U used for the HOEPA adjustment and the effective date of the HOEPA adjustment. The percentage change in the CPI–U is 2.0% and the effective date of the HOEPA adjustment is January 1, 2014. The Dollar Amounts have been adjusted correspondingly and have an effective date of January 1, 2015. The adjusted Dollar Amounts for Calendar Year 2015 are shown below: asabaliauskas on DSK5VPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: VerDate Sep<11>2014 18:50 Nov 17, 2015 Jkt 238001 BASIC STATUTORY MORTGAGE LIMITS FOR CALENDAR YEAR 2015 b Section 207—Multifamily Housing b Section 207 pursuant to Section 223(f)—Purchase or Refinance Housing b Section 220—Housing in Urban Renewal Areas 0 ................ 1 ................ 2 ................ 3 ................ 4+ .............. Non-Elevator Elevator $50,164 $55,569 $66,376 $81,813 $92,622 $57,886 $64,832 $79,497 $99,566 $112,581 bb Section 213—Cooperatives Bedrooms 0 ................ 1 ................ 2 ................ 3 ................ 4+ .............. Non-Elevator $54,364 $62,683 $75,598 $96,766 $107,803 Elevator $57,886 $65,583 $79,749 $103,170 $113,251 bb Section 234—Condominium Housing Bedrooms 0 ................ 1 ................ 2 ................ 3 ................ 4+ .............. Non-Elevator $55,474 $63,962 $77,140 $98,742 $110,002 Elevator $58,378 $66,923 $81,377 $105,276 $115,560 bb Section 221(d)(4)—Moderate Income Housing Bedrooms 0 ................ 1 ................ 2 ................ 3 ................ 4+ .............. Non-Elevator $49,924 $56,671 $68,501 $85,980 $97,156 Elevator $53,928 $61,822 $75,176 $97,251 $106,754 bb Section 231—Housing for the Elderly Bedrooms 0 ................ 1 ................ 2 ................ 3 ................ 4+ .............. Non-Elevator $47,465 $53,062 $63,364 $76,255 $89,650 Elevator $53,928 $61,822 $75,176 $97,251 $106,754 bb Section 207—Manufactured Home Parks per Space—$23,030 Dated: November 9, 2015. Edward L. Golding, Principal Deputy Assistant Secretary for Housing. [FR Doc. 2015–29469 Filed 11–17–15; 8:45 am] BILLING CODE 4210–67–P PO 00000 Frm 00068 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE INTERIOR Fish and Wildlife Service Multifamily Loan Program Bedrooms 72107 [FWS–R8–FHC–2015–N217: FXFR1334088TWG0W4–123–FF08EACT00] Trinity River Adaptive Management Working Group; Public Meeting Fish and Wildlife Service, Interior. ACTION: Notice. AGENCY: We, the U.S. Fish and Wildlife Service, announce a public meeting of the Trinity River Adaptive Management Working Group (TAMWG). The TAMWG is a Federal advisory committee that affords stakeholders the opportunity to give policy, management, and technical input concerning Trinity River (California) restoration efforts to the Trinity Management Council (TMC). The TMC interprets and recommends policy, coordinates and reviews management actions, and provides organizational budget oversight. DATES: Public meeting: TAMWG will meet from 9:30 a.m. to 4:30 p.m. Pacific Time on Thursday, December 10, 2015. Deadlines: For deadlines on submitting written material, please see ‘‘Public Input’’ under SUPPLEMENTARY INFORMATION. SUMMARY: The meeting will be held at the Trinity River Restoration Program Office, 1313 South Main Street, Weaverville, CA 96093. FOR FURTHER INFORMATION CONTACT: Joseph C. Polos, by mail at U.S. Fish and Wildlife Service, 1655 Heindon Road, Arcata, CA 95521; by telephone at 707– 822–7201 or by email at joe_polos@ fws.gov or Elizabeth W. Hadley, Redding Electric Utility, by mail at 777 Cypress Avenue, Redding, CA 96001; by telephone at 530–339–7308 or by email at ehadley@reupower.com. Individuals with a disability may request an accommodation by sending an email to either point of contact. SUPPLEMENTARY INFORMATION: In accordance with the requirements of the Federal Advisory Committee Act, 5 U.S.C. App., we announce that the Trinity River Adaptive Management Working Group will hold a meeting. ADDRESSES: Background The TAMWG affords stakeholders the opportunity to give policy, management, and technical input concerning Trinity River (California) restoration efforts to the TMC. The TMC interprets and recommends policy, coordinates and reviews management actions, and provides organizational budget oversight. E:\FR\FM\18NON1.SGM 18NON1

Agencies

[Federal Register Volume 80, Number 222 (Wednesday, November 18, 2015)]
[Notices]
[Pages 72106-72107]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29469]


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

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5886-N-01]


Annual Indexing of Basic Statutory Mortgage Limits for 
Multifamily Housing Programs

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

ACTION: Notice.

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

SUMMARY: In accordance with Section 206A of the National Housing Act, 
HUD has adjusted the Basic Statutory Mortgage Limits for Multifamily 
Housing Programs for Calendar Year 2015.

DATES: Effective date: January 1, 2015.

[[Page 72107]]


FOR FURTHER INFORMATION CONTACT: Daniel J. Sullivan, Deputy Director, 
Office of Multifamily Development, Department of Housing and Urban 
Development, 451 Seventh Street SW., Washington, DC 20410-8000, 
telephone (202) 402-6130 (this is not a toll-free number). Hearing or 
speech-impaired individuals may access this number through TTY by 
calling the toll-free Federal Information Relay Service at (800) 877-
8339.

SUPPLEMENTARY INFORMATION: The FHA Down Payment Simplification Act of 
2002 (Pub. L. 107-326, approved December 4, 2002) amended the National 
Housing Act by adding a new Section 206A (12 U.S.C. 1712a). Under 
Section 206A, the following are affected:
    I. Section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A));
    II. Section 213(b)(2)(A) (12 U.S.C. 1715e (b)(2)(A));
    III. Section 220(d)(3)(B)(iii)(I) (12 U.S.C. 1715k 
(d)(3)(B)(iii)(I));
    IV. Section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I));
    V. Section 231(c)(2)(A) (12 U.S.C. 1715v(c)(2)(A)); and
    VI. Section 234(e)(3)(A) (12 U.S.C. 1715y(e)(3)(A)).
    The Dollar Amounts in these sections are the base per unit 
statutory limits for FHA's multifamily mortgage programs collectively 
referred to as the `Dollar Amounts,' they are adjusted annually 
(commencing in 2004) on the effective date of the Consumer Financial 
Protection Bureau's adjustment of the $400 figure in the Home Ownership 
and Equity Protection Act of 1994 (HOEPA) (Pub. L. 103-325, approved 
September 23, 1994). The adjustment of the Dollar Amounts shall be 
calculated using the percentage change in the Consumer Price Index for 
All Urban Consumers (CPI-U) as applied by the Bureau of Consumer 
Financial Protection for purposes of the above-described HOEPA 
adjustment.
    HUD has been notified of the percentage change in the CPI-U used 
for the HOEPA adjustment and the effective date of the HOEPA 
adjustment. The percentage change in the CPI-U is 2.0% and the 
effective date of the HOEPA adjustment is January 1, 2014. The Dollar 
Amounts have been adjusted correspondingly and have an effective date 
of January 1, 2015.
    The adjusted Dollar Amounts for Calendar Year 2015 are shown below:

BASIC STATUTORY MORTGAGE LIMITS FOR CALENDAR YEAR 2015

Multifamily Loan Program

[square] Section 207--Multifamily Housing
[square] Section 207 pursuant to Section 223(f)--Purchase or Refinance 
Housing
[square] Section 220--Housing in Urban Renewal Areas

------------------------------------------------------------------------
                Bedrooms                   Non-Elevator      Elevator
------------------------------------------------------------------------
0.......................................         $50,164         $57,886
1.......................................         $55,569         $64,832
2.......................................         $66,376         $79,497
3.......................................         $81,813         $99,566
4+......................................         $92,622        $112,581
------------------------------------------------------------------------

[square][square] Section 213--Cooperatives

------------------------------------------------------------------------
                Bedrooms                   Non-Elevator      Elevator
------------------------------------------------------------------------
0.......................................         $54,364         $57,886
1.......................................         $62,683         $65,583
2.......................................         $75,598         $79,749
3.......................................         $96,766        $103,170
4+......................................        $107,803        $113,251
------------------------------------------------------------------------

[square][square] Section 234--Condominium Housing

------------------------------------------------------------------------
                Bedrooms                   Non-Elevator      Elevator
------------------------------------------------------------------------
0.......................................         $55,474         $58,378
1.......................................         $63,962         $66,923
2.......................................         $77,140         $81,377
3.......................................         $98,742        $105,276
4+......................................        $110,002        $115,560
------------------------------------------------------------------------

[square][square] Section 221(d)(4)--Moderate Income Housing

------------------------------------------------------------------------
                Bedrooms                   Non-Elevator      Elevator
------------------------------------------------------------------------
0.......................................         $49,924         $53,928
1.......................................         $56,671         $61,822
2.......................................         $68,501         $75,176
3.......................................         $85,980         $97,251
4+......................................         $97,156        $106,754
------------------------------------------------------------------------

[square][square] Section 231--Housing for the Elderly

------------------------------------------------------------------------
                Bedrooms                   Non-Elevator      Elevator
------------------------------------------------------------------------
0.......................................         $47,465         $53,928
1.......................................         $53,062         $61,822
2.......................................         $63,364         $75,176
3.......................................         $76,255         $97,251
4+......................................         $89,650        $106,754
------------------------------------------------------------------------

[square][square] Section 207--Manufactured Home Parks per Space--
$23,030

    Dated: November 9, 2015.
Edward L. Golding,
Principal Deputy Assistant Secretary for Housing.
[FR Doc. 2015-29469 Filed 11-17-15; 8:45 am]
 BILLING CODE 4210-67-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.