Funding Opportunity Title: Amended Notice of Allocation Availability (NOAA) for the Combined Calendar Year (CY) 2015-CY 2016 Allocation Round of the New Markets Tax Credit (NMTC) Program, 23356 [2016-09102]
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Federal Register / Vol. 81, No. 76 / Wednesday, April 20, 2016 / Notices
construction fund that was created to
assist owners and operators of U.S.-flag
vessels in accumulating the large
amount of capital necessary for the
modernization and expansion of the
U.S. merchant marine. The program
encourages construction, reconstruction,
or acquisition of vessels through the
deferment of Federal income taxes on
certain deposits of money or other
property placed into a CCF.
Respondents: U.S. citizens who own
or lease one or more eligible vessels and
who have a program to provide for the
acquisition, construction or
reconstruction of a qualified vessel.
Number of Respondents: 143.
Frequency: Annually.
Total Annual Burden: 1790 Hours.
Public Comments Invited: You are
asked to comment on any aspect of this
information collection, including (a)
whether the proposed collection of
information is necessary for the
Department’s performance; (b) the
accuracy of the estimated burden; (c)
ways for the Department to enhance the
quality, utility and clarity of the
information collection; and (d) ways
that the burden could be minimized
without reducing the quality of the
collected information. The agency will
summarize and/or include your
comments in the request for OMB’s
clearance of this information collection.
Authority: The Paperwork Reduction Act
of 1995; 44 U.S.C. Chapter 35, as amended;
and 49 CFR 1:93.
Dated: April 4, 2016.
Gabriel Chavez,
Assistant Secretary, Maritime Administration.
[FR Doc. 2016–09047 Filed 4–19–16; 8:45 am]
BILLING CODE 4910–81–P
DEPARTMENT OF THE TREASURY
Community Development Financial
Institutions Fund
Funding Opportunity Title: Amended
Notice of Allocation Availability
(NOAA) for the Combined Calendar
Year (CY) 2015—CY 2016 Allocation
Round of the New Markets Tax Credit
(NMTC) Program
Lhorne on DSK5TPTVN1PROD with NOTICES
Announcement Type: Change to
NOAA for the Combined CY 2015–CY
2016 Allocation Round of the NMTC
Program.
Electronic applications must
have been received by 5:00 p.m. ET on
December 16, 2015.
SUMMARY: This NOAA update is issued
to combine calendar year (CY) 2015—
CY 2016 tax credit allocation rounds of
the NMTC Program, authorized by Title
DATES:
VerDate Sep<11>2014
14:53 Apr 19, 2016
Jkt 238001
I, subtitle C, section 121 of the
Community Renewal Tax Relief Act of
2000 (Pub. L. 106–554), as amended (the
Act). On October 23, 2015, in the NOAA
for the CY 2015 allocation round of the
NMTC Program (the CY 2015 NOAA, 80
Federal Register 64495), the
Community Development Financial
Institutions Fund (the CDFI Fund)
announced, among other things, that the
CY 2015 NMTC allocation amount
would be up to $5.0 billion, subject to
Congressional authorization. In the
NOAA for the CY 2015 allocation round
the CDFI Fund also reserved the right to
allocate amounts in excess of or less
than the anticipated allocation amount
of $5 billion. Pursuant to the passage of
the Protecting Americans from Tax
Hikes Act of 2015 (PATH Act), the
authorization for the NMTC Program
has been extended for five calendar
years (CY 2015 through CY 2019) with
$3.5 billion in annual NMTC allocation
authority. In order to make NMTC
allocation awards in the respective
calendar years as set forth in the PATH
Act, the CDFI Fund hereby amends the
CY 2015 NOAA to combine the CY 2015
and the CY 2016 NMTC authorities into
one allocation round (herein referred to
as the ‘‘combined CY 2015–2016
allocation round’’). Accordingly, the
NMTC allocation authority announced
in this revised NOAA being made
available in the combined CY 2015–
2016 allocation round includes both the
amount authorized for CY 2015 ($3.5
billion) and the amount authorized for
CY 2016 ($3.5 billion), resulting in a
total NMTC allocation amount of $7.0
billion for the combined CY 2015–2016
allocation round.
Combination of Allocation Authority:
The CY 2015 NOAA announced an
expected total of up to $5.0 billion of
NMTC allocation authority available in
the CY 2015 round, subject to
Congressional authorization. The PATH
Act authorized an annual allocation
authority of $3.5 billion for five years
(CY 2015 to CY 2019). In order to
allocate NMTC authority during the
calendar year for which it was
authorized, the CY 2015 NOAA is
hereby amended to include both CY
2015 ($3.5 billion) and CY $2016 ($3.5
billion), with a total of $7.0 billion in
NMTC authority available in the
combined CY 2015–2016 allocation
round.
Allocation Amounts: The CY 2015
NOAA announced that the CDFI Fund,
in its sole discretion, reserves the right
to award tax credit allocation authority
in amounts that are in excess of or less
than the anticipated maximum
allocation should the CDFI Fund deem
it appropriate. The CDFI Fund
PO 00000
Frm 00088
Fmt 4703
Sfmt 4703
continues to anticipate that it will not
issue more than $125 million in tax
credit investment authority per
Allocatee. However, those
determinations will be made on a caseby-case basis and in the sole discretion
of the CDFI Fund. The CDFI Fund
continues to reserve the right to allocate
NMTC authority to any, all, or none of
the entities that submitted applications
in response to this NOAA, and in any
amount it deems appropriate.
All other information and
requirements set forth in the CY 2015
NOAA shall remain effective, as
published.
Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26
CFR 1.45D–1; Pub. L. 111–5.
Mary Ann Donovan,
Director, Community Development Financial
Institutions Fund.
[FR Doc. 2016–09102 Filed 4–19–16; 8:45 am]
BILLING CODE 4810––70–P
DEPARTMENT OF VETERANS
AFFAIRS
Enhanced-Use Lease of Department of
Veterans Affairs Real Property for the
Development of Affordable Housing
Facility in Minneapolis, Minnesota
Department of Veterans Affairs.
Notice of intent to enter into an
Enhanced-Use Lease.
AGENCY:
ACTION:
The Secretary of Veterans
Affairs intends to enter into an
Enhanced-Use Lease (EUL) on
approximately 3 acres of land for the
purpose of developing 100 units of
affordable housing for Veterans. The
EUL lessee, CHDC Veterans Limited
Partnership, will finance, design,
develop, manage, maintain, and operate
housing for eligible homeless Veterans,
or Veterans at risk of homelessness, on
a priority placement basis, and provide
services that guide resident Veterans
toward attaining long-term selfsufficiency.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Edward L. Bradley III, Office of Asset
Enterprise Management (044),
Department of Veterans Affairs, 810
Vermont Avenue NW., Washington, DC
20420, (202) 461–7778.
SUPPLEMENTARY INFORMATION: Title 38
U.S.C. 8161 et seq. states that the
Secretary may enter into an EUL if he
determines that at least part of the use
of the property will provide appropriate
space for an activity contributing to
VA’s mission, the lease will not be
inconsistent with and will not adversely
affect VA’s mission, and the lease will
E:\FR\FM\20APN1.SGM
20APN1
]]>Agencies
[Federal Register Volume 81, Number 76 (Wednesday, April 20, 2016)]
[Notices]
[Page 23356]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-09102]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Funding Opportunity Title: Amended Notice of Allocation
Availability (NOAA) for the Combined Calendar Year (CY) 2015--CY 2016
Allocation Round of the New Markets Tax Credit (NMTC) Program
Announcement Type: Change to NOAA for the Combined CY 2015-CY 2016
Allocation Round of the NMTC Program.
DATES: Electronic applications must have been received by 5:00 p.m. ET
on December 16, 2015.
SUMMARY: This NOAA update is issued to combine calendar year (CY)
2015--CY 2016 tax credit allocation rounds of the NMTC Program,
authorized by Title I, subtitle C, section 121 of the Community Renewal
Tax Relief Act of 2000 (Pub. L. 106-554), as amended (the Act). On
October 23, 2015, in the NOAA for the CY 2015 allocation round of the
NMTC Program (the CY 2015 NOAA, 80 Federal Register 64495), the
Community Development Financial Institutions Fund (the CDFI Fund)
announced, among other things, that the CY 2015 NMTC allocation amount
would be up to $5.0 billion, subject to Congressional authorization. In
the NOAA for the CY 2015 allocation round the CDFI Fund also reserved
the right to allocate amounts in excess of or less than the anticipated
allocation amount of $5 billion. Pursuant to the passage of the
Protecting Americans from Tax Hikes Act of 2015 (PATH Act), the
authorization for the NMTC Program has been extended for five calendar
years (CY 2015 through CY 2019) with $3.5 billion in annual NMTC
allocation authority. In order to make NMTC allocation awards in the
respective calendar years as set forth in the PATH Act, the CDFI Fund
hereby amends the CY 2015 NOAA to combine the CY 2015 and the CY 2016
NMTC authorities into one allocation round (herein referred to as the
``combined CY 2015-2016 allocation round''). Accordingly, the NMTC
allocation authority announced in this revised NOAA being made
available in the combined CY 2015-2016 allocation round includes both
the amount authorized for CY 2015 ($3.5 billion) and the amount
authorized for CY 2016 ($3.5 billion), resulting in a total NMTC
allocation amount of $7.0 billion for the combined CY 2015-2016
allocation round.
Combination of Allocation Authority: The CY 2015 NOAA announced an
expected total of up to $5.0 billion of NMTC allocation authority
available in the CY 2015 round, subject to Congressional authorization.
The PATH Act authorized an annual allocation authority of $3.5 billion
for five years (CY 2015 to CY 2019). In order to allocate NMTC
authority during the calendar year for which it was authorized, the CY
2015 NOAA is hereby amended to include both CY 2015 ($3.5 billion) and
CY $2016 ($3.5 billion), with a total of $7.0 billion in NMTC authority
available in the combined CY 2015-2016 allocation round.
Allocation Amounts: The CY 2015 NOAA announced that the CDFI Fund,
in its sole discretion, reserves the right to award tax credit
allocation authority in amounts that are in excess of or less than the
anticipated maximum allocation should the CDFI Fund deem it
appropriate. The CDFI Fund continues to anticipate that it will not
issue more than $125 million in tax credit investment authority per
Allocatee. However, those determinations will be made on a case-by-case
basis and in the sole discretion of the CDFI Fund. The CDFI Fund
continues to reserve the right to allocate NMTC authority to any, all,
or none of the entities that submitted applications in response to this
NOAA, and in any amount it deems appropriate.
All other information and requirements set forth in the CY 2015
NOAA shall remain effective, as published.
Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 CFR 1.45D-1; Pub. L.
111-5.
Mary Ann Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2016-09102 Filed 4-19-16; 8:45 am]
BILLING CODE 4810--70-P
