Loan Guaranty: Assistance to Eligible Individuals in Acquiring Specially Adapted Housing; Cost-of-Construction Index, 72674-72675 [2016-25398]

Download as PDF mstockstill on DSK3G9T082PROD with NOTICES 72674 Federal Register / Vol. 81, No. 203 / Thursday, October 20, 2016 / Notices • Policies should be clear so that originators do not have an inappropriate incentive to sell other products that appear linked to the granting of a mortgage. • Legal and compliance reviews should include oversight of compensation programs so that lending personnel are not improperly encouraged to direct consumers to particular products. • Training should be designed so that relevant lending personnel are able to convey information to consumers about product terms and risks in a timely, accurate, and balanced manner. Title of Information Collection: Reverse Mortgage Products: Guidance for Managing Compliance and Reputation Risks. OMB Control No.: 1557–0246. Affected Public: National banks, Federal savings associations, subsidiaries of national banks and Federal savings associations, and Federal branches or agencies of foreign banks. Type of Review: Regular. Estimated Burden: Number of respondents: 15. Burden per respondent: 40 hours to implement policies and procedures and to provide training; 8 hours annually to maintain program. Total estimated annual burden: 160 hours. Comments: On July 12, 2016, the OCC issued a 60-day notice soliciting comment on the information collection, 81 FR 45221. One comment was received from an individual. The commenter stated that the collection of information is necessary and vital for the proper performance of the Federal banking agencies’ functions and that it has a practical utility. The commenter believes that, in any information collection, automated collection techniques would reduce the burden of information collection requirements on the public and the agencies. The commenter suggested that requests for information from the public should include a link to a Web site where the requested information may be uploaded. The commenter doesn’t believe that this would add significant cost and feels that it would make providing information less burdensome. The OCC uses automated collection techniques whenever possible in its information collections, including links where information may be uploaded. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the Federal banking agencies’ functions, including whether the information has practical utility; VerDate Sep<11>2014 16:40 Oct 19, 2016 Jkt 241001 (b) The accuracy of the estimates of the burden of the information collection, including the validity of the methodology and assumptions used; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: October 13, 2016. Karen Solomon, Deputy Chief Counsel, Office of the Comptroller of the Currency. [FR Doc. 2016–25388 Filed 10–19–16; 8:45 am] Bob Faber, Acting Treasury PRA Clearance Officer. BILLING CODE 4810–33–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request October 14, 2016. The Department of the Treasury will submit the following information collection request(s) to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104–13, on or after the date of publication of this notice. DATES: Comments should be received on or before November 21, 2016 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimates, or any other aspect of the information collection(s), including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@OMB.EOP.gov and (2) Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8142, Washington, DC 20220, or email at PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained by emailing PRA@treasury.gov, calling (202) 622–0934, or viewing the entire information collection request at www.reginfo.gov. Departmental Offices (DO) OMB Control Number: 1505–0221. Type of Review: Extension of a currently approved collection. PO 00000 Frm 00113 Fmt 4703 Title: Annual Performance Report and Certification for Section 1603: Payments for Specified Renewable Energy Property in Lieu of Tax Credits. Abstract: The purpose of the 1603 payment is to reimburse eligible applicants for a portion of the cost of installing specified energy property used in a trade or business or for the production of income. A 1603 payment is made after the energy property is placed in service. Applicants for Section 1603 payments commit in the terms and conditions that are part of the Treasury program application to submitting an annual report for five years from the date the energy property is placed in service. Affected Public: State, Local, and Tribal Governments. Estimated Total Annual Burden Hours: 37,500. Sfmt 4703 [FR Doc. 2016–25324 Filed 10–19–16; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF VETERANS AFFAIRS Loan Guaranty: Assistance to Eligible Individuals in Acquiring Specially Adapted Housing; Cost-ofConstruction Index AGENCY: ACTION: Department of Veterans Affairs. Notice. SUMMARY: The U.S. Department of Veterans Affairs (VA) announces that the aggregate amounts of assistance available under the Specially Adapted Housing (SAH) grant program will increase by 4.797 percent for Fiscal Year (FY) 2017. FOR FURTHER INFORMATION CONTACT: John Bell, III, Assistant Director for Loan Policy and Valuation, Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, (202) 632– 8786 (not a toll-free number). DATES: October 20, 2016. SUPPLEMENTARY INFORMATION: In accordance with 38 U.S.C. 2102(e) and 38 U.S.C. 2102A(b)(2) and 38 CFR 36.4411, the Secretary of Veterans Affairs announces for FY 2017 the aggregate amounts of assistance available to veterans and servicemembers eligible for SAH program grants. Public Law 110–289, the Housing and Economic Recovery Act of 2008, authorized the Secretary to increase the aggregate amounts of SAH assistance annually based on a residential home cost-of-construction index. Per 38 CFR E:\FR\FM\20OCN1.SGM 20OCN1 Federal Register / Vol. 81, No. 203 / Thursday, October 20, 2016 / Notices mstockstill on DSK3G9T082PROD with NOTICES 36.4411(a), the Secretary uses the Turner Building Cost Index for this purpose. In the most recent quarter for which the Turner Building Cost Index is available, 2nd Quarter 2016, the index showed an increase of 4.797 percent over the index value listed by 2nd Quarter 2015. Pursuant to 38 CFR 36.4411(a), therefore, the aggregate amounts of assistance for SAH grants made pursuant to 38 U.S.C. 2101(a) and 2101(b) will increase by 4.797 percent for FY 2017. Public Law 112–154, the Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012, required that the same percentage of increase apply to grants authorized pursuant to 38 U.S.C. 2102A. See 38 U.S.C. 2102A(b)(2). As such, the maximum amount of assistance available under these grants, which are called grants for Temporary Residence Adaptation (TRA VerDate Sep<11>2014 16:40 Oct 19, 2016 Jkt 241001 72675 grants), will also increase by 4.797 percent for FY2017. The increases are effective as of October 1, 2016. made to an individual who satisfies the eligibility criteria under 38 U.S.C. 2101(b) and 2102A will be $6,059 during FY 2017. Specially Adapted Housing: Aggregate Amounts of Assistance Available During Fiscal Year 2017 Signing Authority 2101(a) Grants and TRA Grants Effective October 1, 2016, the aggregate amount of assistance available for SAH grants made pursuant to 38 U.S.C. 2101(a) will be $77,307 during FY 2017. The maximum TRA grant made to an individual who satisfies the eligibility criteria under 38 U.S.C. 2101(a) and 2102A will be $33,937 during FY 2017. 2101(b) Grants and TRA Grants Effective as of October 1, 2016, the aggregate amount of assistance available for SAH grants made pursuant to 38 U.S.C. 2101(b) will be $15,462 during FY 2017. The maximum TRA grant PO 00000 Frm 00114 Fmt 4703 Sfmt 9990 The Secretary of Veterans Affairs, or designee, approved this document and authorized the undersigned to sign and submit the document to the Office of the Federal Register for publication electronically as an official document of the Department of Veterans Affairs. Gina S. Farrisee, Deputy Chief of Staff, Department of Veterans Affairs, approved this document on October 5, 2016, for publication. Dated: October 5, 2016. Jeffrey Martin, Office Program Manager, Office of Regulation Policy & Management, Office of the Secretary, Department of Veterans Affairs. [FR Doc. 2016–25398 Filed 10–19–16; 8:45 am] BILLING CODE 8320–01–P E:\FR\FM\20OCN1.SGM 20OCN1

Agencies

[Federal Register Volume 81, Number 203 (Thursday, October 20, 2016)]
[Notices]
[Pages 72674-72675]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-25398]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF VETERANS AFFAIRS


Loan Guaranty: Assistance to Eligible Individuals in Acquiring 
Specially Adapted Housing; Cost-of-Construction Index

AGENCY: Department of Veterans Affairs.

ACTION: Notice.

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

SUMMARY: The U.S. Department of Veterans Affairs (VA) announces that 
the aggregate amounts of assistance available under the Specially 
Adapted Housing (SAH) grant program will increase by 4.797 percent for 
Fiscal Year (FY) 2017.

FOR FURTHER INFORMATION CONTACT: John Bell, III, Assistant Director for 
Loan Policy and Valuation, Department of Veterans Affairs, 810 Vermont 
Avenue NW., Washington, DC 20420, (202) 632-8786 (not a toll-free 
number).

DATES: October 20, 2016.

SUPPLEMENTARY INFORMATION: In accordance with 38 U.S.C. 2102(e) and 38 
U.S.C. 2102A(b)(2) and 38 CFR 36.4411, the Secretary of Veterans 
Affairs announces for FY 2017 the aggregate amounts of assistance 
available to veterans and servicemembers eligible for SAH program 
grants.
    Public Law 110-289, the Housing and Economic Recovery Act of 2008, 
authorized the Secretary to increase the aggregate amounts of SAH 
assistance annually based on a residential home cost-of-construction 
index. Per 38 CFR

[[Page 72675]]

36.4411(a), the Secretary uses the Turner Building Cost Index for this 
purpose.
    In the most recent quarter for which the Turner Building Cost Index 
is available, 2nd Quarter 2016, the index showed an increase of 4.797 
percent over the index value listed by 2nd Quarter 2015. Pursuant to 38 
CFR 36.4411(a), therefore, the aggregate amounts of assistance for SAH 
grants made pursuant to 38 U.S.C. 2101(a) and 2101(b) will increase by 
4.797 percent for FY 2017.
    Public Law 112-154, the Honoring America's Veterans and Caring for 
Camp Lejeune Families Act of 2012, required that the same percentage of 
increase apply to grants authorized pursuant to 38 U.S.C. 2102A. See 38 
U.S.C. 2102A(b)(2). As such, the maximum amount of assistance available 
under these grants, which are called grants for Temporary Residence 
Adaptation (TRA grants), will also increase by 4.797 percent for 
FY2017.
    The increases are effective as of October 1, 2016.

Specially Adapted Housing: Aggregate Amounts of Assistance Available 
During Fiscal Year 2017

2101(a) Grants and TRA Grants

    Effective October 1, 2016, the aggregate amount of assistance 
available for SAH grants made pursuant to 38 U.S.C. 2101(a) will be 
$77,307 during FY 2017. The maximum TRA grant made to an individual who 
satisfies the eligibility criteria under 38 U.S.C. 2101(a) and 2102A 
will be $33,937 during FY 2017.

2101(b) Grants and TRA Grants

    Effective as of October 1, 2016, the aggregate amount of assistance 
available for SAH grants made pursuant to 38 U.S.C. 2101(b) will be 
$15,462 during FY 2017. The maximum TRA grant made to an individual who 
satisfies the eligibility criteria under 38 U.S.C. 2101(b) and 2102A 
will be $6,059 during FY 2017.

Signing Authority

    The Secretary of Veterans Affairs, or designee, approved this 
document and authorized the undersigned to sign and submit the document 
to the Office of the Federal Register for publication electronically as 
an official document of the Department of Veterans Affairs. Gina S. 
Farrisee, Deputy Chief of Staff, Department of Veterans Affairs, 
approved this document on October 5, 2016, for publication.

    Dated: October 5, 2016.
Jeffrey Martin,
Office Program Manager, Office of Regulation Policy & Management, 
Office of the Secretary, Department of Veterans Affairs.
[FR Doc. 2016-25398 Filed 10-19-16; 8:45 am]
 BILLING CODE 8320-01-P