Housing Trust Fund Federal Register Allocation Notice, 22512 [2019-10337]

Agencies

• DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Federal Register Volume 84, Number 96 (Friday, May 17, 2019)]
[Notices]
[Page 22512]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10337]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6168-N-01]


Housing Trust Fund Federal Register Allocation Notice

AGENCY: Office of the Assistant Secretary for Community Planning and 
Development, HUD.

ACTION: Notice of fiscal year 2019 funding awards.

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SUMMARY: The Housing and Economic Recovery Act of 2008 (HERA) 
established the Housing Trust Fund (HTF) to be administered by HUD. 
Pursuant to the Federal Housing Enterprises Financial Security and 
Soundness Act of 1992 (the Act), as amended by HERA, Division A, 
eligible HTF grantees are the 50 states, the District of Columbia, the 
Commonwealth of Puerto Rico, American Samoa, Guam, the Commonwealth of 
Northern Mariana Islands, and the United States Virgin Islands. In 
accordance with Section 1338 (c)(4)(A) of the Act, this notice 
announces the formula allocation amount for each eligible HTF grantee.

FOR FURTHER INFORMATION CONTACT: Virginia Sardone, Director, Office of 
Affordable Housing Programs, Room 7164, Department of Housing and Urban 
Development, 451 Seventh Street SW, Washington, DC 20410-7000; 
telephone (202) 708-268 (not a toll-free number). A telecommunications 
device for persons with hearing- and speech-impairments (TTY) is 
available by Federal Relay at (800) 877-8339 (this is a toll-free 
number).

SUPPLEMENTARY INFORMATION: Section 1131 of HERA Division A amended the 
Act to add a new section 1337 entitled ``Affordable Housing 
Allocations'' and a new section 1338 entitled ``Housing Trust Fund.'' 
HUD's implementing regulations are codified at 24 CFR part 93. Congress 
authorized the HTF with the stated purpose of: (1) Increasing and 
preserving the supply of rental housing for extremely low-income 
families with incomes between 0 and 30 percent of area median income 
and very low-income families with incomes between 30 and 50 percent of 
area median income, including homeless families, and (2) increasing 
homeownership for extremely low-income and very low-income families. 
Section 1337 of the Act provides for the HTF (and other programs) to be 
funded with an affordable housing set-aside by Fannie Mae and Freddie 
Mac. The total set-aside amount is equal to 4.2 basis points (.042 
percent) of Fannie Mae and Freddie Mac's new mortgage purchases, a 
portion of which is for the HTF. Section 1338 of the Act directs HUD to 
establish, through regulation, the formula for distribution of amounts 
made available for the HTF. The statute specifies the factors to be 
used for the formula and priority for certain factors. The factors and 
methodology HUD uses to allocate HTF funds among eligible grantees are 
established in the HTF regulation. The funding announced for Fiscal 
Year 2019 through this notice is $247,666,778.80. Appendix A to this 
notice provides the names of the grantees and the amounts of the 
awards.

    Dated: May 7, 2019.
David C. Woll, Jr.,
Acting Assistant Secretary for Community Planning and Development.

Appendix

     A: FY 2019 Housing Trust Fund Allocation Amounts

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                                                             FY 2019
                        Grantee                            allocation
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1. Alabama............................................        $3,000,000
2. Alaska.............................................         3,000,000
3. Arizona............................................         3,801,428
4. Arkansas...........................................         3,000,000
5. California.........................................     32,376,690.80
6. Colorado...........................................         3,362,850
7. Connecticut........................................         3,045,567
8. Delaware...........................................         3,000,000
9. District of Columbia...............................         3,000,000
10. Florida...........................................         9,414,324
11. Georgia...........................................         5,277,949
12. Hawaii............................................         3,000,000
13. Idaho.............................................         3,000,000
14. Illinois..........................................         8,575,518
15. Indiana...........................................         3,625,159
16. Iowa..............................................         3,000,000
17. Kansas............................................         3,000,000
18. Kentucky..........................................         3,000,000
19. Louisiana.........................................         3,000,000
20. Maine.............................................         3,000,000
21. Maryland..........................................         3,391,627
22. Massachusetts.....................................         5,152,337
23. Michigan..........................................         5,363,424
24. Minnesota.........................................         3,228,942
25. Mississippi.......................................         3,000,000
26. Missouri..........................................         3,647,539
27. Montana...........................................         3,000,000
28. Nebraska..........................................         3,000,000
29. Nevada............................................         3,000,000
30. New Hampshire.....................................         3,000,000
31. New Jersey........................................         6,968,067
32. New Mexico........................................         3,000,000
33. New York..........................................        19,152,427
34. North Carolina....................................         5,259,160
35. North Dakota......................................         3,000,000
36. Ohio..............................................         6,190,138
37. Oklahoma..........................................         3,000,000
38. Oregon............................................         3,451,918
39. Pennsylvania......................................         6,879,626
40. Rhode Island......................................         3,000,000
41. South Carolina....................................         3,000,000
42. South Dakota......................................         3,000,000
43. Tennessee.........................................         3,377,390
44. Texas.............................................        10,956,435
45. Utah..............................................         3,000,000
46. Vermont...........................................         3,000,000
47. Virginia..........................................         4,432,124
48. Washington........................................         4,740,488
49. West Virginia.....................................         3,000,000
50. Wisconsin.........................................         3,731,220
51. Wyoming...........................................         3,000,000
52. American Samoa....................................            10,338
53. Guam..............................................            83,620
54. Northern Mariana Islands..........................            46,034
55. Puerto Rico.......................................         1,034,301
56. Virgin Islands....................................            90,138
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    Total.............................................   $247,666,778.80
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[FR Doc. 2019-10337 Filed 5-16-19; 8:45 am]
 BILLING CODE 4210-67-P