Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs; Annual Indexing of Substantial Rehabilitation Threshold, 15258-15259 [2022-05578]
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15258
Federal Register / Vol. 87, No. 52 / Thursday, March 17, 2022 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–6314–N–01]
Annual Indexing of Basic Statutory
Mortgage Limits for Multifamily
Housing Programs; Annual Indexing of
Substantial Rehabilitation Threshold
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
is providing notice of adjustment to the
Basic Statutory Mortgage Limits for
Multifamily Housing Programs for
Calendar Year 2022. HUD is also
providing notice of adjustment to the
per unit cost threshold for determining
substantial rehabilitation in the
Multifamily Housing Programs pursuant
to its administrative guidance for
Calendar Year 2022.
DATES: Applicable date: January 1, 2022.
FOR FURTHER INFORMATION CONTACT:
Thomas Bernaciak, Deputy Director,
Office of Multifamily Production,
Department of Housing and Urban
Development, 451 Seventh Street SW,
Washington, DC 20410–8000, telephone
(202) 402–3242 (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: Section
206A of the National Housing Act (12
U.S.C. 1712a) provides authority for the
annual adjustment for the following
FHA multifamily statutory dollar limits:
SUMMARY:
khammond on DSKJM1Z7X2PROD with NOTICES
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)).
Section 206A states that the preceding
‘‘Dollar Amounts’’ shall be adjusted
annually (commencing in 2004) on the
effective date of the Federal Reserve
Board’s adjustment of the $400 figure in
VerDate Sep<11>2014
18:59 Mar 16, 2022
Jkt 256001
the Home Ownership and Equity
Protection Act of 1994 (HOEPA). 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 Federal Reserve Board
for purposes of the above-described
HOEPA adjustment.
(b) Notification
Note that 206A has not been updated
to reflect the fact that HOEPA has been
revised to use $1,000 as the basis for the
adjustment rather than $400, and the
Consumer Finance Protection Bureau
has replaced the Federal Reserve Board
in administering the adjustment. These
changes were made by the Dodd-Frank
Wall Street Reform and Consumer
Protection Act’s amendments to the
Truth in Lending Act, as further
explained in the regulatory
implementation of said changes found
in the Federal Register notice published
on January 31, 2013 (78 FR 6856, 6879).
The percentage change in the CPI–U
used for the HOEPA adjustment is a 4.2
percent increase and the effective date
of the HOEPA adjustment is January 1,
2022. The Dollar Amounts under
Section 206A have been adjusted
correspondingly and have an effective
date of January 1, 2022, in accordance
with the Federal Register notice
published on November 2, 2021 (86 FR
60357).
These revised statutory limits may be
applied to FHA multifamily mortgage
insurance applications submitted or
amended on or after January 1, 2022, so
long as the loan has not been initially
endorsed.
The adjusted Dollar Amounts for
Calendar Year 2022 are shown below.
Frm 00068
Fmt 4703
Section 207—Multifamily Housing
Section 207 Pursuant to Section 223(f)—
Purchase or Refinance Housing
Section 220—Housing in Urban
Renewal Areas
Bedrooms
The Federal Reserve Board on a
timely basis shall notify the Secretary,
or his designee, in writing of the
adjustment described in subsection (a)
and of the effective date of such
adjustment to permit the Secretary to
undertake publication in the Federal
Register of corresponding adjustments
to the Dollar Amounts. The dollar
amount of any adjustment shall be
rounded to the next lower dollar.
PO 00000
Basic Statutory Mortgage Limits for
Calendar Year 2022 Multifamily Loan
Program
Sfmt 4703
0 ................
1 ................
2 ................
3 ................
4+ ..............
Non-elevator
$57,197
63,360
75,683
93,285
105,608
Elevator
$66,715
73,923
90,643
113,526
128,367
Section 213—Cooperatives
Bedrooms
0 ................
1 ................
2 ................
3 ................
4+ ..............
Non-elevator
$61,986
71,472
86,197
110,334
122,920
Elevator
$66,002
74,778
90,930
117,636
129,131
Section 234—Condominium Housing
Bedrooms
0 ................
1 ................
2 ................
3 ................
4+ ..............
Non-elevator
$63,251
72,930
87,956
112,588
125,427
Elevator
$66,564
76,305
92,789
120,039
131,765
Section 221(d)(4)—Moderate Income
Housing
Bedrooms
0 ................
1 ................
2 ................
3 ................
4+ ..............
Non-elevator
$56,922
64,617
78,107
98,036
110,779
Elevator
$61,488
70,490
85,717
110,887
121,723
Section 231—Housing for the Elderly
Bedrooms
0 ................
1 ................
2 ................
3 ................
4+ ..............
Non-elevator
$54,118
60,501
72,248
86,947
102,221
Elevator
$61,488
70,490
85,717
110,887
121,723
Section 207—Manufactured Home Parks
per Space—$26,258
Indexing of per Unit Limit for
Substantial Rehabilitation for Calendar
Year 2022
E:\FR\FM\17MRN1.SGM
17MRN1
Federal Register / Vol. 87, No. 52 / Thursday, March 17, 2022 / Notices
The 2016 Multifamily Accelerated
Processing (MAP) Guide established a
base amount of $15,000 per unit to
define substantial rehabilitation for FHA
insured loan programs. Section
5.1.2.A.2.b of the 2020 MAP guide
requires that this base amount be
annually adjusted for inflation based on
the percentage change published by the
Bureau of Labor Statistics of the
Department of Labor or other inflation
cost index. Applying the HOEPA
adjustment to the base amount, the 2022
base amount per dwelling unit to
determine substantial rehabilitation for
FHA insured loan programs is $16,983.
This per unit cost threshold for
substantial rehabilitation may be
applied to FHA multifamily mortgage
insurance applications submitted or
amended on or after January 1, 2022, so
long as the loan has not been initially
endorsed.
Environmental Impact
This notice involves the statutorily
required establishment of mortgage
limits and discretionary establishment
of cost limits which do not constitute
development decisions affecting the
physical condition of specific project
areas or building sites. Accordingly,
under 24 CFR 50.19(c)(6), this notice is
categorically excluded from
environmental review under the
National Environmental Policy Act of
1969 (42 U.S.C. 4321).
Lopa P. Kolluri,
Principal Deputy Assistant Secretary for the
Office of Housing—Federal Housing
Administration.
[FR Doc. 2022–05578 Filed 3–16–22; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF THE INTERIOR
Fish and Wildlife Service
[FWS–HQ–FAC–2022–N225;
FXGO1664091HCC0–FF09D00000–190]
Hunting and Wildlife Conservation
Council; Call for Nominations;
Extension
Barbara Wainman,
Assistant Director—External Affairs.
Fish and Wildlife Service,
Interior.
ACTION: Call for nominations; extension.
BILLING CODE 4333–15–P
[FR Doc. 2022–05651 Filed 3–16–22; 8:45 am]
AGENCY:
The Secretary of the Interior
and the Director of the U.S. Fish and
Wildlife Service seek nominations for
membership on the Hunting and
Wildlife Conservation Council
(Council). This is a 15-day extension of
the call for nominations published in
the Federal Register on February 18,
2022.
DATES: The nomination period
announced on February 18, 2022, at 87
FR 9374 is extended. Nominations via
SUMMARY:
khammond on DSKJM1Z7X2PROD with NOTICES
email must be date stamped no later
than April 1, 2022.
ADDRESSES: Please address nomination
letters to Mr. Douglas Hobbs, U.S. Fish
and Wildlife Service. You may email
nominations to Douglas Hobbs, at doug_
hobbs@fws.gov.
FOR FURTHER INFORMATION CONTACT:
Douglas Hobbs, at the email address in
ADDRESSES, or by telephone at (703)
358–2336. Individuals in the United
States who are deaf, deafblind, hard of
hearing, or have a speech disability may
dial 711 (TTY, TDD, or TeleBraille) to
access telecommunications relay
services. Individuals outside the United
States should use the relay services
offered within their country to make
international calls to the point-ofcontact in the United States.
SUPPLEMENTARY INFORMATION: The
Secretary of the Interior and the Director
of the U.S. Fish and Wildlife Service
seek nominations for membership on
the Hunting and Wildlife Conservation
Council (Council). The Council reports
to the Secretary of the Interior and the
Secretary of Agriculture to provide
recommendations regarding the
establishment and implementation of
conservation endeavors that benefit
wildlife resources; encourage
partnership among the public, sporting
conservation organizations, and Federal,
State, Tribal, and territorial
governments; and benefit fair chase
recreational hunting and safe
recreational shooting sports. On
February 18, 2022, the original call for
nominations published in the Federal
Register (87 FR 9374), with a 30-day
nomination period ending March 21,
2022. This notice provides additional
time for nominations (see DATES, above).
For more information on the Council’s
duties, member terms, vacancies to fill,
the nomination method, and eligibility,
see the February 18, 2022, notice (87 FR
9374).
Authority: 5 U.S.C. appendix 2.
VerDate Sep<11>2014
18:59 Mar 16, 2022
Jkt 256001
DEPARTMENT OF THE INTERIOR
Fish and Wildlife Service
[FWS–R4–ES–2022–0016;
FXES11130400000EA–123–FF04EF1000]
Receipt of Incidental Take Permit
Application and Proposed Habitat
Conservation Plan for the Alabama
Beach Mouse, Baldwin County, AL;
Categorical Exclusion
AGENCY:
Fish and Wildlife Service,
Interior.
PO 00000
Frm 00069
Fmt 4703
Sfmt 4703
15259
Notice of availability; request
for comment and information.
ACTION:
We, the Fish and Wildlife
Service (Service), announce receipt of
an application from Rhonda H. Barber
(applicant) for an incidental take permit
(ITP) under the Endangered Species Act.
The applicant requests the ITP to take
the federally listed Alabama beach
mouse incidental to construction in the
City of Orange Beach, Baldwin County,
Alabama. We request public comment
on the application, which includes the
applicant’s proposed habitat
conservation plan (HCP), and the
Service’s preliminary determination that
this HCP qualifies as low-effect,
categorically excluded, under the
National Environmental Policy Act. To
make this determination, we used our
environmental action statement and
low-effect screening form, both of which
are also available for public review.
SUMMARY:
We must receive your written
comments on or before April 18, 2022.
DATES:
Obtaining Documents: You
may obtain copies of the documents
online in Docket No. FWS–R4–ES–
2022–0016 at https://
www.regulations.gov.
Submitting Comments: If you wish to
submit comments on any of the
documents, you may do so in writing by
any of the following methods:
• Online: https://
www.regulations.gov. Follow the
instructions for submitting comments
on Docket No. FWS–R4–ES–2022–0016.
• U.S. mail: Public Comments
Processing, Attn: Docket No. FWS–R4–
ES–2022–0016; U.S. Fish and Wildlife
Service, MS: PRB/3W, 5275 Leesburg
Pike, Falls Church, VA 22041–3803.
ADDRESSES:
Mr.
William Lynn, Project Manager, by
telephone at 251–441–5868 or via email
at william_lynn@fws.gov. Individuals in
the United States who are deaf,
deafblind, hard of hearing, or have a
speech disability may dial 711 (TTY,
TDD, or TeleBraille) to access
telecommunications relay services.
Individuals outside the United States
should use the relay services offered
within their country to make
international calls to the point-ofcontact in the United States.
FOR FURTHER INFORMATION CONTACT:
We, the
Fish and Wildlife Service (Service),
announce receipt of an application from
Rhonda H. Barber (applicant) for an
incidental take permit (ITP) under the
Endangered Species Act of 1973, as
amended (ESA; 16 U.S.C. 1531 et seq.).
The applicant requests the ITP to take
the federally listed Alabama beach
mouse (Peromyscus polionotus
SUPPLEMENTARY INFORMATION:
E:\FR\FM\17MRN1.SGM
17MRN1
]]>Agencies
[Federal Register Volume 87, Number 52 (Thursday, March 17, 2022)]
[Notices]
[Pages 15258-15259]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-05578]
[[Page 15258]]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-6314-N-01]
Annual Indexing of Basic Statutory Mortgage Limits for
Multifamily Housing Programs; Annual Indexing of Substantial
Rehabilitation Threshold
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 is providing notice of adjustment to the Basic Statutory Mortgage
Limits for Multifamily Housing Programs for Calendar Year 2022. HUD is
also providing notice of adjustment to the per unit cost threshold for
determining substantial rehabilitation in the Multifamily Housing
Programs pursuant to its administrative guidance for Calendar Year
2022.
DATES: Applicable date: January 1, 2022.
FOR FURTHER INFORMATION CONTACT: Thomas Bernaciak, Deputy Director,
Office of Multifamily Production, Department of Housing and Urban
Development, 451 Seventh Street SW, Washington, DC 20410-8000,
telephone (202) 402-3242 (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: Section 206A of the National Housing Act (12
U.S.C. 1712a) provides authority for the annual adjustment for the
following FHA multifamily statutory dollar limits:
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)).
Section 206A states that the preceding ``Dollar Amounts'' shall be
adjusted annually (commencing in 2004) on the effective date of the
Federal Reserve Board's adjustment of the $400 figure in the Home
Ownership and Equity Protection Act of 1994 (HOEPA). 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 Federal Reserve Board for purposes of the above-described HOEPA
adjustment.
(b) Notification
The Federal Reserve Board on a timely basis shall notify the
Secretary, or his designee, in writing of the adjustment described in
subsection (a) and of the effective date of such adjustment to permit
the Secretary to undertake publication in the Federal Register of
corresponding adjustments to the Dollar Amounts. The dollar amount of
any adjustment shall be rounded to the next lower dollar.
Note that 206A has not been updated to reflect the fact that HOEPA
has been revised to use $1,000 as the basis for the adjustment rather
than $400, and the Consumer Finance Protection Bureau has replaced the
Federal Reserve Board in administering the adjustment. These changes
were made by the Dodd-Frank Wall Street Reform and Consumer Protection
Act's amendments to the Truth in Lending Act, as further explained in
the regulatory implementation of said changes found in the Federal
Register notice published on January 31, 2013 (78 FR 6856, 6879).
The percentage change in the CPI-U used for the HOEPA adjustment is
a 4.2 percent increase and the effective date of the HOEPA adjustment
is January 1, 2022. The Dollar Amounts under Section 206A have been
adjusted correspondingly and have an effective date of January 1, 2022,
in accordance with the Federal Register notice published on November 2,
2021 (86 FR 60357).
These revised statutory limits may be applied to FHA multifamily
mortgage insurance applications submitted or amended on or after
January 1, 2022, so long as the loan has not been initially endorsed.
The adjusted Dollar Amounts for Calendar Year 2022 are shown below.
Basic Statutory Mortgage Limits for Calendar Year 2022 Multifamily Loan
Program
Section 207--Multifamily Housing
Section 207 Pursuant to Section 223(f)--Purchase or Refinance Housing
Section 220--Housing in Urban Renewal Areas
------------------------------------------------------------------------
Bedrooms Non-elevator Elevator
------------------------------------------------------------------------
0....................................... $57,197 $66,715
1....................................... 63,360 73,923
2....................................... 75,683 90,643
3....................................... 93,285 113,526
4+...................................... 105,608 128,367
------------------------------------------------------------------------
Section 213--Cooperatives
------------------------------------------------------------------------
Bedrooms Non-elevator Elevator
------------------------------------------------------------------------
0....................................... $61,986 $66,002
1....................................... 71,472 74,778
2....................................... 86,197 90,930
3....................................... 110,334 117,636
4+...................................... 122,920 129,131
------------------------------------------------------------------------
Section 234--Condominium Housing
------------------------------------------------------------------------
Bedrooms Non-elevator Elevator
------------------------------------------------------------------------
0....................................... $63,251 $66,564
1....................................... 72,930 76,305
2....................................... 87,956 92,789
3....................................... 112,588 120,039
4+...................................... 125,427 131,765
------------------------------------------------------------------------
Section 221(d)(4)--Moderate Income Housing
------------------------------------------------------------------------
Bedrooms Non-elevator Elevator
------------------------------------------------------------------------
0....................................... $56,922 $61,488
1....................................... 64,617 70,490
2....................................... 78,107 85,717
3....................................... 98,036 110,887
4+...................................... 110,779 121,723
------------------------------------------------------------------------
Section 231--Housing for the Elderly
------------------------------------------------------------------------
Bedrooms Non-elevator Elevator
------------------------------------------------------------------------
0....................................... $54,118 $61,488
1....................................... 60,501 70,490
2....................................... 72,248 85,717
3....................................... 86,947 110,887
4+...................................... 102,221 121,723
------------------------------------------------------------------------
Section 207--Manufactured Home Parks per Space--$26,258
Indexing of per Unit Limit for Substantial Rehabilitation for Calendar
Year 2022
[[Page 15259]]
The 2016 Multifamily Accelerated Processing (MAP) Guide established
a base amount of $15,000 per unit to define substantial rehabilitation
for FHA insured loan programs. Section 5.1.2.A.2.b of the 2020 MAP
guide requires that this base amount be annually adjusted for inflation
based on the percentage change published by the Bureau of Labor
Statistics of the Department of Labor or other inflation cost index.
Applying the HOEPA adjustment to the base amount, the 2022 base amount
per dwelling unit to determine substantial rehabilitation for FHA
insured loan programs is $16,983.
This per unit cost threshold for substantial rehabilitation may be
applied to FHA multifamily mortgage insurance applications submitted or
amended on or after January 1, 2022, so long as the loan has not been
initially endorsed.
Environmental Impact
This notice involves the statutorily required establishment of
mortgage limits and discretionary establishment of cost limits which do
not constitute development decisions affecting the physical condition
of specific project areas or building sites. Accordingly, under 24 CFR
50.19(c)(6), this notice is categorically excluded from environmental
review under the National Environmental Policy Act of 1969 (42 U.S.C.
4321).
Lopa P. Kolluri,
Principal Deputy Assistant Secretary for the Office of Housing--Federal
Housing Administration.
[FR Doc. 2022-05578 Filed 3-16-22; 8:45 am]
BILLING CODE 4210-67-P
