Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates, 60646-60649 [2024-16506]

Download as PDF 60646 Federal Register / Vol. 89, No. 144 / Friday, July 26, 2024 / Notices required by 44 U.S.C. 3506(c)(2). That notice elicited no comments. Accordingly, no changes have been made to the Collection. Information Collection Request Title: Drawbridge Operation Regulations. OMB Control Number: 1625–0109. Summary: The Bridge Program receives approximately 412 requests from bridge owners per year to change the operating schedule of various drawbridges across the navigable waters of the United States. The information needed for the change to the operating schedule can only be obtained from the bridge owner and is generally provided to the Coast Guard in either written or electronic format. Need: 33 U.S.C. 499 authorizes the Coast Guard to change the operating schedules drawbridges that cross over navigable waters of the United States. Forms: None. Respondents: The public and private owners of bridges over navigable waters of the United States. Frequency: On occasion. Hour Burden Estimate: The estimated burden is remains 1,672 hours a year. Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. et seq., chapter 35, as amended. Dated: July 23, 2024. Kathleen Claffie, Chief, Office of Privacy Management, U.S. Coast Guard. [FR Doc. 2024–16508 Filed 7–25–24; 8:45 am] BILLING CODE 9110–04–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7086–N–02] 60-Day Notice of Proposed Information Collection: Use Restriction Agreement Monitoring and Compliance; OMB Control No.: 2502–0577 Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice. AGENCY: 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. ddrumheller on DSK120RN23PROD with NOTICES1 SUMMARY: Comments Due Date: September 24, 2024. DATES: VerDate Sep<11>2014 17:17 Jul 25, 2024 Jkt 262001 Interested persons are invited to submit comments regarding this proposal. Written comments and recommendations for the proposed information collection can be sent within 60 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 60-day Review—Open for Public Comments’’ or by using the search function. Interested persons are also invited to submit comments regarding this proposal by name and/or OMB Control Number and should be sent to: Colette Pollard, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410; telephone (202) 402–3400 (this is not a toll-free number) or email: PaperworkReductionActOffice@ hud.gov. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette.Pollard@hud.gov or telephone (202) 402–3400. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech and communication disabilities. To learn more about how to make an accessible telephone call, please visit https:// www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. 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: Use Restriction Agreement Monitoring and Compliance. OMB Approval Number: 2502–0577. OMB Expiration Date: June 30, 2021. Type of Request: Reinstatement, with change, of previously approved collection for which approval has expired. Form Number: HUD–90060; HUD– 90061; HUD–90066; HUD–90068; HUD– 90069; HUD–90070; HUD–90075; HUD– 93140; HUD–93142; HUD–93143; HUD– 93150. Description of the need for the information and proposed use: This information is necessary for HUD to ensure that owners of certain PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 multifamily housing projects comply with use restriction requirements after the mortgage agreement has terminated. This information is also used to monitor owner compliance with unique provisions of the Use Agreement contract. Respondents: Non-profit institutions; owners prepaying HUD insured loans. Estimated Number of Respondents: 659. Estimated Number of Responses: 200. Frequency of Response: Various. Average Hours per Response: 2 hours. Total Estimated Burden: 400 hours. 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 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. C. Authority Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. Jeffrey D. Little, General Deputy Assistant Secretary, Office of Housing. [FR Doc. 2024–16495 Filed 7–25–24; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–6480–N–01] Mortgage and Loan Insurance Programs Under the National Housing Act—Debenture Interest Rates Office of the Assistant Secretary for Housing, HUD. ACTION: Notice. AGENCY: This Notice announces changes in the interest rates to be paid SUMMARY: E:\FR\FM\26JYN1.SGM 26JYN1 60647 ddrumheller on DSK120RN23PROD with NOTICES1 Federal Register / Vol. 89, No. 144 / Friday, July 26, 2024 / Notices on debentures issued with respect to a loan or mortgage insured by the Federal Housing Administration under the provisions of the National Housing Act (the Act). The interest rate for debentures issued under Section 221(g)(4) of the Act during the 6-month period beginning July 1, 2024, is 41⁄2 percent. The interest rate for debentures issued under any other provision of the Act is the rate in effect on the date that the commitment to insure the loan or mortgage was issued, or the date that the loan or mortgage was endorsed (or initially endorsed if there are two or more endorsements) for insurance, whichever rate is higher. The interest rate for debentures issued under these other provisions with respect to a loan or mortgage committed or endorsed during the 6-month period beginning July 1, 2024, is 43⁄4 percent. FOR FURTHER INFORMATION CONTACT: Elizabeth Olazabal, Department of Housing and Urban Development, 451 Seventh Street SW, Room 5146, Washington, DC 20410–8000; telephone (202) 402–4608 (this is not a toll-free number). HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech and communication disabilities. To learn more about how to make an accessible telephone call, please visit: https://www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. Individuals may also email HCFACCommittee@hud.gov. SUPPLEMENTARY INFORMATION: Section 224 of the National Housing Act (12 U.S.C. 1715o) provides that debentures issued under the Act with respect to an insured loan or mortgage (except for debentures issued pursuant to Section 221(g)(4) of the Act) will bear interest at the rate in effect on the date the commitment to insure the loan or mortgage was issued, or the date the loan or mortgage was endorsed (or initially endorsed if there are two or more endorsements) for insurance, whichever rate is higher. This provision is implemented in HUD’s regulations at 24 CFR 203.405, 203.479, 207.259(e)(6), and 220.830. These regulatory provisions state that the applicable rates of interest will be published twice each year as a notice in the Federal Register. Section 224 further provides that the interest rate on these debentures will be set from time to time by the Secretary of HUD, with the approval of the Secretary of the Treasury, in an amount not in excess of the annual interest rate determined by the Secretary of the Treasury pursuant to a statutory formula based on the average yield of all VerDate Sep<11>2014 17:17 Jul 25, 2024 Jkt 262001 outstanding marketable Treasury obligations of maturities of 15 or more years. The Secretary of the Treasury (1) has determined, in accordance with the provisions of Section 224, that the statutory maximum interest rate for the period beginning July 1, 2024, is 43⁄4 percent; and (2) has approved the establishment of the debenture interest rate by the Secretary of HUD at 43⁄4 percent for the 6-month period beginning July 1, 2024. This interest rate will be the rate borne by debentures issued with respect to any insured loan or mortgage (except for debentures issued pursuant to Section 221(g)(4)) with insurance commitment or endorsement date (as applicable) within the next 6 months of 2024). For convenience of reference, HUD is publishing the following chart of debenture interest rates applicable to mortgages committed or endorsed since January 1, 1980: Effective interest rate 91⁄2 ................ 97⁄8 ................ 113⁄4 .............. 127⁄8 .............. 123⁄4 .............. 101⁄4 .............. 103⁄8 .............. 111⁄2 .............. 133⁄8 .............. 115⁄8 .............. 111⁄8 .............. 101⁄4 .............. 81⁄4 ................ 8 ................... 9 ................... 91⁄8 ................ 93⁄8 ................ 91⁄4 ................ 9 ................... 81⁄8 ................ 9 ................... 83⁄4 ................ 81⁄2 ................ 8 ................... 8 ................... 73⁄4 ................ 7 ................... 65⁄8 ................ 73⁄4 ................ 83⁄8 ................ 71⁄4 ................ 61⁄2 ................ 71⁄4 ................ 63⁄4 ................ 71⁄8 ................ 63⁄8 ................ 61⁄8 ................ 51⁄2 ................ 61⁄8 ................ 61⁄2 ................ 61⁄2 ................ 6 ................... 57⁄8 ................ 51⁄4 ................ 53⁄4 ................ PO 00000 Frm 00049 on or after Jan. 1, 1980 July 1, 1980 Jan. 1, 1981 July 1, 1981 Jan. 1, 1982 Jan. 1, 1983 July 1, 1983 Jan. 1, 1984 July 1, 1984 Jan. 1, 1985 July 1, 1985 Jan. 1, 1986 July 1, 1986 Jan. 1, 1987 July 1, 1987 Jan. 1, 1988 July 1, 1988 Jan. 1, 1989 July 1, 1989 Jan. 1, 1990 July 1, 1990 Jan. 1, 1991 July 1, 1991 Jan. 1, 1992 July 1, 1992 Jan. 1, 1993 July 1, 1993 Jan. 1, 1994 July 1, 1994 Jan. 1, 1995 July 1, 1995 Jan. 1, 1996 July 1, 1996 Jan. 1, 1997 July 1, 1997 Jan. 1, 1998 July 1, 1998 Jan. 1, 1999 July 1, 1999 Jan. 1, 2000 July 1, 2000 Jan. 1, 2001 July 1, 2001 Jan. 1, 2002 July 1, 2002 Fmt 4703 Sfmt 4703 prior to July 1, 1980. Jan. 1, 1981. July 1, 1981. Jan. 1, 1982. Jan. 1, 1983. July 1, 1983. Jan. 1, 1984. July 1, 1984. Jan. 1, 1985. July 1, 1985. Jan. 1, 1986. July 1, 1986. Jan. 1. 1987. July 1, 1987. Jan. 1, 1988. July 1, 1988. Jan. 1, 1989. July 1, 1989. Jan. 1, 1990. July 1, 1990. Jan. 1, 1991. July 1, 1991. Jan. 1, 1992. July 1, 1992. Jan. 1, 1993. July 1, 1993. Jan. 1, 1994 July 1, 1994. Jan. 1, 1995. July 1, 1995. Jan. 1, 1996. July 1, 1996. Jan. 1, 1997. July 1, 1997. Jan. 1, 1998. July 1, 1998. Jan. 1, 1999. July 1, 1999. Jan. 1, 2000. July 1, 2000. Jan. 1, 2001. July 1, 2001. Jan. 1, 2002. July 1, 2002. Jan. 1, 2003. Effective interest rate on or after prior to 5 ................... 41⁄2 ................ 51⁄8 ................ 51⁄2 ................ 47⁄8 ................ 41⁄2 ................ 47⁄8 ................ 53⁄8 ................ 43⁄4 ................ 5 ................... 41⁄2 ................ 45⁄8 ................ 41⁄8 ................ 41⁄8 ................ 41⁄4 ................ 41⁄8 ................ 37⁄8 ................ 41⁄8 ................ 27⁄8 ................ 23⁄4 ................ 21⁄2 ................ 27⁄8 ................ 35⁄8 ................ 31⁄4 ................ 3 ................... 27⁄8 ................ 27⁄8 ................ 21⁄2 ................ 23⁄4 ................ 27⁄8 ................ 23⁄4 ................ 31⁄8 ................ 33⁄8 ................ 23⁄4 ................ 21⁄4 ................ 11⁄4 ................ 13⁄8 ................ 21⁄4 ................ 17⁄8 ................ 31⁄4 ................ 41⁄4 ................ 37⁄8 ................ 41⁄2 ................ 43⁄4 ................ Jan. 1, 2003 July 1, 2003 Jan. 1, 2004 July 1, 2004 Jan. 1, 2005 July 1, 2005 Jan. 1, 2006 July 1, 2006 Jan. 1, 2007 July 1, 2007 Jan. 1, 2008 July 1, 2008 Jan. 1, 2009 July 1, 2009 Jan. 1, 2010 July 1, 2010 Jan. 1, 2011 July 1, 2011 Jan. 1, 2012 July 1, 2012 Jan. 1, 2013 July 1, 2013 Jan. 1, 2014 July 1, 2014 Jan. 1, 2015 July 1, 2015 Jan. 1, 2016 July 1, 2016 Jan. 1, 2017 July 1, 2017 Jan. 1, 2018 July 1, 2018 Jan 1, 2019 .. July 1, 2019 Jan 1, 2020 .. July 1, 2020 Jan 1, 2021 .. July, 1 2021 Jan 1, 2022 .. July 1, 2022 Jan 1, 2023 .. July 1, 2023 Jan 1, 2024 .. July 1, 2024 July 1, 2003. Jan. 1, 2004. July 1, 2004. Jan. 1, 2005. July 1, 2005. Jan. 1, 2006. July 1, 2006. Jan. 1, 2007. July 1, 2007. Jan. 1, 2008. July 1, 2008. Jan. 1, 2009. July 1, 2009. Jan. 1, 2010. July 1, 2010. Jan. 1, 2011. July 1, 2011. Jan. 1, 2012. July 1, 2012. Jan. 1, 2013. July 1, 2013. Jan. 1, 2014. July 1, 2014. Jan. 1, 2015. July 1, 2015. Jan. 1, 2016. July 1, 2016. Jan. 1, 2017. July 1, 2017. Jan. 1, 2018. July 1, 2018. Jan. 1, 2019. July 1, 2019. Jan 1, 2020. July 1, 2020. Jan. 1, 2021. July 1, 2021. Jan 1, 2022. July 1, 2022. Jan 1, 2023. July 1, 2023. Jan 1, 2024. July 1, 2024. Jan 1, 2025. Section 215 of Division G, Title II of Public Law 108–199, enacted January 23, 2004 (HUD’s 2004 Appropriations Act) amended Section 224 of the Act, to change the debenture interest rate for purposes of calculating certain insurance claim payments made in cash. Therefore, for all claims paid in cash on mortgages insured under Section 203 or 234 of the National Housing Act and endorsed for insurance after January 23, 2004, the debenture interest rate will be the monthly average yield, for the month in which the default on the mortgage occurred, on United States Treasury Securities adjusted to a constant maturity of 10 years, as found in Federal Reserve Statistical Release H– 15. The Federal Housing Administration has codified this provision in HUD regulations at 24 CFR 203.405(b) and 24 CFR 203.479(b). Similarly, Section 520(a) of the National Housing Act (12 U.S.C. 1735d) provides for the payment of an E:\FR\FM\26JYN1.SGM 26JYN1 60648 Federal Register / Vol. 89, No. 144 / Friday, July 26, 2024 / Notices insurance claim in cash on a mortgage or loan insured under any section of the National Housing Act before or after the enactment of the Housing and Urban Development Act of 1965. The amount of such payment shall be equivalent to the face amount of the debentures that would otherwise be issued, plus an amount equivalent to the interest which the debentures would have earned, computed to a date to be established pursuant to regulations issued by the Secretary. The implementing HUD regulations for multifamily insured mortgages at 24 CFR 207.259(e)(1) and (e)(6), when read together, provide that debenture interest on a multifamily insurance claim that is paid in cash is paid from the date of the loan default at the debenture rate in effect at the time of commitment or endorsement (or initial endorsement if there are two or more endorsements) of the loan, whichever is higher. Section 221(g)(4) of the Act provides that debentures issued pursuant to that paragraph (with respect to the assignment of an insured mortgage to the Secretary) will bear interest at the ‘‘going Federal rate’’ in effect at the time the debentures are issued. The term ‘‘going Federal rate’’ is defined to mean the interest rate that the Secretary of the Treasury determines, pursuant to a statutory formula based on the average yield on all outstanding marketable Treasury obligations of 8- to 12-year maturities, for the 6-month periods of January through June and July through December of each year. Section 221(g)(4) is implemented in the HUD regulations at 24 CFR 221.255 and 24 CFR 221.790. ddrumheller on DSK120RN23PROD with NOTICES1 National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ 17:17 Jul 25, 2024 Jkt 262001 PO 00000 (Authority: Sections 211, 221, 224, National Housing Act, 12 U.S.C. 1715b, 1715l, 1715o; Section 7(d), Department of HUD Act, 42 U.S.C. 3535(d).) Julia Gordon, Assistant Secretary for Housing, Federal Housing Commissioner. Effective start date Legislation description VerDate Sep<11>2014 The Secretary of the Treasury has determined that the interest rate to be borne by debentures issued pursuant to Section 221(g)(4) during the 6-month period beginning July 1, 2024, is 41⁄2 percent. The subject matter of this notice falls within the categorical exemption from HUD’s environmental clearance procedures set forth in 24 CFR 50.19(c)(6). For that reason, no environmental finding has been prepared for this notice. Frm 00050 Fmt 4703 Sfmt 4703 7/1/2024 7/1/2024 1/1/2024 1/1/2024 7/1/2023 7/1/2023 7/1/2023 1/1/2023 1/1/2023 1/1/2023 7/1/2022 7/1/2022 7/1/2022 1/1/2022 1/1/2022 1/1/2022 7/1/2021 7/1/2021 7/1/2021 1/1/2021 1/1/2021 1/1/2021 7/1/2020 7/1/2020 7/1/2020 1/1/2020 1/1/2020 1/1/2020 7/1/2019 7/1/2019 7/1/2019 1/1/2019 1/1/2019 1/1/2019 7/1/2018 7/1/2018 7/1/2018 1/1/2018 1/1/2018 1/1/2018 7/1/2017 7/1/2017 7/1/2017 1/1/2017 1/1/2017 1/1/2017 7/1/2016 7/1/2016 E:\FR\FM\26JYN1.SGM Effective date range Jul–Dec 2024 ................. Jul–Dec 2024 ................. Jan–Jun 2024 ................ Jan–Jun 2024 ................ Jul–Dec 2023 ................. Jul–Dec 2023 ................. Jul–Dec 2023 ................. Jan–Jun 2023 ................ Jan–Jun 2023 ................ Jan–Jun 2023 ................ Jul–Dec 2022 ................. Jul–Dec 2022 ................. Jul–Dec 2022 ................. Jan–Jun 2022 ................ Jan–Jun 2022 ................ Jan–Jun 2022 ................ Jul–Dec 2021 ................. Jul–Dec 2021 ................. Jul–Dec 2021 ................. Jan–Jun 2021 ................ Jan–Jun 2021 ................ Jan–Jun 2021 ................ Jul–Dec 2020 ................. Jul–Dec 2020 ................. Jul–Dec 2020 ................. Jan–Jun 2020 ................ Jan–Jun 2020 ................ Jan–Jun 2020 ................ Jul–Dec 2019 ................. Jul–Dec 2019 ................. Jul–Dec 2019 ................. Jan–Jun 2019 ................ Jan–Jun 2019 ................ Jan–Jun 2019 ................ Jul–Dec 2018 ................. Jul–Dec 2018 ................. Jul–Dec 2018 ................. Jan–Jun 2018 ................ Jan–Jun 2018 ................ Jan–Jun 2018 ................ Jul–Dec 2017 ................. Jul–Dec 2017 ................. Jul–Dec 2017 ................. Jan–Jun 2017 ................ Jan–Jun 2017 ................ Jan–Jun 2017 ................ Jul–Dec 2016 ................. Jul–Dec 2016 ................. 26JYN1 Calendar year rate (%) 41⁄2 43⁄4 41⁄2 47⁄8 31⁄2 37⁄8 5.35 37⁄8 41⁄4 5.32 27⁄8 31⁄4 4.40 11⁄2 17⁄8 1.69 11⁄2 21⁄4 0.06 3⁄4 13⁄8 0.05 5⁄8 11⁄4 0.09 13⁄4 21⁄4 0.16 23⁄8 23⁄4 1.55 31⁄8 33⁄8 2.13 3.00 31⁄8 2.45 23⁄8 23⁄4 1.93 21⁄4 27⁄8 1.39 21⁄8 23⁄4 1.03 13⁄4 21⁄2 Federal Register / Vol. 89, No. 144 / Friday, July 26, 2024 / Notices Effective start date Legislation description Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... National Housing Act—Section 221(g)(4) ................................................................... National Housing Act—Section 224 ............................................................................ Alaska Native Claims Act—Public Law 94–204, Section 2(b) .................................... 7/1/2016 1/1/2016 1/1/2016 1/1/2016 7/1/2015 7/1/2015 7/1/2015 1/1/2015 1/1/2015 1/1/2015 7/1/2014 7/1/2014 7/1/2014 1/1/2014 1/1/2014 1/1/2014 7/1/2013 7/1/2013 7/1/2013 1/1/2013 1/1/2013 1/1/2013 7/1/2012 7/1/2012 7/1/2012 1/1/2012 1/1/2012 1/1/2012 7/1/2011 7/1/2011 7/1/2011 1/1/2011 1/1/2011 1/1/2011 7/1/2010 7/1/2010 7/1/2010 1/1/2010 1/1/2010 1/1/2010 7/1/2009 7/1/2009 7/1/2009 1/1/2009 1/1/2009 1/1/2009 7/1/2008 7/1/2008 7/1/2008 1/1/2008 1/1/2008 1/1/2008 7/1/2007 7/1/2007 7/1/2007 1/1/2007 1/1/2007 1/1/2007 Effective date range Jul–Dec 2016 ................. Jan–Jun 2016 ................ Jan–Jun 2016 ................ Jan–Jun 2016 ................ Jul–Dec 2015 ................. Jul–Dec 2015 ................. Jul–Dec 2015 ................. Jan–Jun 2015 ................ Jan–Jun 2015 ................ Jan–Jun 2015 ................ Jul–Dec 2014 ................. Jul–Dec 2014 ................. Jul–Dec 2014 ................. Jan–Jun 2014 ................ Jan–Jun 2014 ................ Jan–Jun 2014 ................ Jul–Dec 2013 ................. Jul–Dec 2013 ................. Jul–Dec 2013 ................. Jan–Jun 2013 ................ Jan–Jun 2013 ................ Jan–Jun 2013 ................ Jul–Dec 2012 ................. Jul–Dec 2012 ................. Jul–Dec 2012 ................. Jan–Jun 2012 ................ Jan–Jun 2012 ................ Jan–Jun 2012 ................ Jul–Dec 2011 ................. Jul–Dec 2011 ................. Jul–Dec 2011 ................. Jan–Jun 2011 ................ Jan–Jun 2011 ................ Jan–Jun 2011 ................ Jul–Dec 2010 ................. Jul–Dec 2010 ................. Jul–Dec 2010 ................. Jan–Jun 2010 ................ Jan–Jun 2010 ................ Jan–Jun 2010 ................ Jul–Dec 2009 ................. Jul–Dec 2009 ................. Jul–Dec 2009 ................. Jan–Jun 2009 ................ Jan–Jun 2009 ................ Jan–Jun 2009 ................ Jul–Dec 2008 ................. Jul–Dec 2008 ................. Jul–Dec 2008 ................. Jan–Jun 2008 ................ Jan–Jun 2008 ................ Jan–Jun 2008 ................ Jul–Dec 2007 ................. Jul–Dec 2007 ................. Jul–Dec 2007 ................. Jan–Jun 2007 ................ Jan–Jun 2007 ................ Jan–Jun 2007 ................ ddrumheller on DSK120RN23PROD with NOTICES1 [FR Doc. 2024–16506 Filed 7–25–24; 8:45 am] BILLING CODE 4210–67–P VerDate Sep<11>2014 17:17 Jul 25, 2024 Jkt 262001 PO 00000 Frm 00051 Fmt 4703 Sfmt 9990 E:\FR\FM\26JYN1.SGM 26JYN1 60649 Calendar year rate (%) 0.51 21⁄4 2.78 0.26 21⁄8 27⁄8 0.16 21⁄4 3 0.01 23⁄8 31⁄4 0.04 21⁄2 35⁄8 0.04 13⁄4 27⁄8 0.07 13⁄8 21⁄2 0.04 15⁄8 23⁄4 0.05 17⁄8 27⁄8 0.09 3 41⁄8 0.02 21⁄2 37⁄8 0.03 33⁄8 41⁄8 0.12 33⁄8 41⁄4 0.18 33⁄8 41⁄8 0.06 33⁄4 41⁄8 0.19 37⁄8 45⁄8 0.11 41⁄8 41⁄2 1.90 43⁄4 5.00 3.37 47⁄8 43⁄4 4.81

Agencies

[Federal Register Volume 89, Number 144 (Friday, July 26, 2024)]
[Notices]
[Pages 60646-60649]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-16506]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6480-N-01]


Mortgage and Loan Insurance Programs Under the National Housing 
Act--Debenture Interest Rates

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

ACTION: Notice.

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

SUMMARY: This Notice announces changes in the interest rates to be paid

[[Page 60647]]

on debentures issued with respect to a loan or mortgage insured by the 
Federal Housing Administration under the provisions of the National 
Housing Act (the Act). The interest rate for debentures issued under 
Section 221(g)(4) of the Act during the 6-month period beginning July 
1, 2024, is 4\1/2\ percent. The interest rate for debentures issued 
under any other provision of the Act is the rate in effect on the date 
that the commitment to insure the loan or mortgage was issued, or the 
date that the loan or mortgage was endorsed (or initially endorsed if 
there are two or more endorsements) for insurance, whichever rate is 
higher. The interest rate for debentures issued under these other 
provisions with respect to a loan or mortgage committed or endorsed 
during the 6-month period beginning July 1, 2024, is 4\3/4\ percent.

FOR FURTHER INFORMATION CONTACT: Elizabeth Olazabal, Department of 
Housing and Urban Development, 451 Seventh Street SW, Room 5146, 
Washington, DC 20410-8000; telephone (202) 402-4608 (this is not a 
toll-free number). HUD welcomes and is prepared to receive calls from 
individuals who are deaf or hard of hearing, as well as individuals 
with speech and communication disabilities. To learn more about how to 
make an accessible telephone call, please visit: https://www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. Individuals may 
also email [email protected].

SUPPLEMENTARY INFORMATION: Section 224 of the National Housing Act (12 
U.S.C. 1715o) provides that debentures issued under the Act with 
respect to an insured loan or mortgage (except for debentures issued 
pursuant to Section 221(g)(4) of the Act) will bear interest at the 
rate in effect on the date the commitment to insure the loan or 
mortgage was issued, or the date the loan or mortgage was endorsed (or 
initially endorsed if there are two or more endorsements) for 
insurance, whichever rate is higher. This provision is implemented in 
HUD's regulations at 24 CFR 203.405, 203.479, 207.259(e)(6), and 
220.830. These regulatory provisions state that the applicable rates of 
interest will be published twice each year as a notice in the Federal 
Register.
    Section 224 further provides that the interest rate on these 
debentures will be set from time to time by the Secretary of HUD, with 
the approval of the Secretary of the Treasury, in an amount not in 
excess of the annual interest rate determined by the Secretary of the 
Treasury pursuant to a statutory formula based on the average yield of 
all outstanding marketable Treasury obligations of maturities of 15 or 
more years.
    The Secretary of the Treasury (1) has determined, in accordance 
with the provisions of Section 224, that the statutory maximum interest 
rate for the period beginning July 1, 2024, is 4\3/4\ percent; and (2) 
has approved the establishment of the debenture interest rate by the 
Secretary of HUD at 4\3/4\ percent for the 6-month period beginning 
July 1, 2024. This interest rate will be the rate borne by debentures 
issued with respect to any insured loan or mortgage (except for 
debentures issued pursuant to Section 221(g)(4)) with insurance 
commitment or endorsement date (as applicable) within the next 6 months 
of 2024).
    For convenience of reference, HUD is publishing the following chart 
of debenture interest rates applicable to mortgages committed or 
endorsed since January 1, 1980:

------------------------------------------------------------------------
     Effective interest rate          on or after          prior to
------------------------------------------------------------------------
9\1/2\..........................  Jan. 1, 1980......  July 1, 1980.
9\7/8\..........................  July 1, 1980......  Jan. 1, 1981.
11\3/4\.........................  Jan. 1, 1981......  July 1, 1981.
12\7/8\.........................  July 1, 1981......  Jan. 1, 1982.
12\3/4\.........................  Jan. 1, 1982......  Jan. 1, 1983.
10\1/4\.........................  Jan. 1, 1983......  July 1, 1983.
10\3/8\.........................  July 1, 1983......  Jan. 1, 1984.
11\1/2\.........................  Jan. 1, 1984......  July 1, 1984.
13\3/8\.........................  July 1, 1984......  Jan. 1, 1985.
11\5/8\.........................  Jan. 1, 1985......  July 1, 1985.
11\1/8\.........................  July 1, 1985......  Jan. 1, 1986.
10\1/4\.........................  Jan. 1, 1986......  July 1, 1986.
8\1/4\..........................  July 1, 1986......  Jan. 1. 1987.
8...............................  Jan. 1, 1987......  July 1, 1987.
9...............................  July 1, 1987......  Jan. 1, 1988.
9\1/8\..........................  Jan. 1, 1988......  July 1, 1988.
9\3/8\..........................  July 1, 1988......  Jan. 1, 1989.
9\1/4\..........................  Jan. 1, 1989......  July 1, 1989.
9...............................  July 1, 1989......  Jan. 1, 1990.
8\1/8\..........................  Jan. 1, 1990......  July 1, 1990.
9...............................  July 1, 1990......  Jan. 1, 1991.
8\3/4\..........................  Jan. 1, 1991......  July 1, 1991.
8\1/2\..........................  July 1, 1991......  Jan. 1, 1992.
8...............................  Jan. 1, 1992......  July 1, 1992.
8...............................  July 1, 1992......  Jan. 1, 1993.
7\3/4\..........................  Jan. 1, 1993......  July 1, 1993.
7...............................  July 1, 1993......  Jan. 1, 1994
6\5/8\..........................  Jan. 1, 1994......  July 1, 1994.
7\3/4\..........................  July 1, 1994......  Jan. 1, 1995.
8\3/8\..........................  Jan. 1, 1995......  July 1, 1995.
7\1/4\..........................  July 1, 1995......  Jan. 1, 1996.
6\1/2\..........................  Jan. 1, 1996......  July 1, 1996.
7\1/4\..........................  July 1, 1996......  Jan. 1, 1997.
6\3/4\..........................  Jan. 1, 1997......  July 1, 1997.
7\1/8\..........................  July 1, 1997......  Jan. 1, 1998.
6\3/8\..........................  Jan. 1, 1998......  July 1, 1998.
6\1/8\..........................  July 1, 1998......  Jan. 1, 1999.
5\1/2\..........................  Jan. 1, 1999......  July 1, 1999.
6\1/8\..........................  July 1, 1999......  Jan. 1, 2000.
6\1/2\..........................  Jan. 1, 2000......  July 1, 2000.
6\1/2\..........................  July 1, 2000......  Jan. 1, 2001.
6...............................  Jan. 1, 2001......  July 1, 2001.
5\7/8\..........................  July 1, 2001......  Jan. 1, 2002.
5\1/4\..........................  Jan. 1, 2002......  July 1, 2002.
5\3/4\..........................  July 1, 2002......  Jan. 1, 2003.
5...............................  Jan. 1, 2003......  July 1, 2003.
4\1/2\..........................  July 1, 2003......  Jan. 1, 2004.
5\1/8\..........................  Jan. 1, 2004......  July 1, 2004.
5\1/2\..........................  July 1, 2004......  Jan. 1, 2005.
4\7/8\..........................  Jan. 1, 2005......  July 1, 2005.
4\1/2\..........................  July 1, 2005......  Jan. 1, 2006.
4 \7/8\.........................  Jan. 1, 2006......  July 1, 2006.
5\3/8\..........................  July 1, 2006......  Jan. 1, 2007.
4\3/4\..........................  Jan. 1, 2007......  July 1, 2007.
5...............................  July 1, 2007......  Jan. 1, 2008.
4\1/2\..........................  Jan. 1, 2008......  July 1, 2008.
4\5/8\..........................  July 1, 2008......  Jan. 1, 2009.
4\1/8\..........................  Jan. 1, 2009......  July 1, 2009.
4\1/8\..........................  July 1, 2009......  Jan. 1, 2010.
4\1/4\..........................  Jan. 1, 2010......  July 1, 2010.
4\1/8\..........................  July 1, 2010......  Jan. 1, 2011.
3\7/8\..........................  Jan. 1, 2011......  July 1, 2011.
4\1/8\..........................  July 1, 2011......  Jan. 1, 2012.
2\7/8\..........................  Jan. 1, 2012......  July 1, 2012.
2\3/4\..........................  July 1, 2012......  Jan. 1, 2013.
2\1/2\..........................  Jan. 1, 2013......  July 1, 2013.
2\7/8\..........................  July 1, 2013......  Jan. 1, 2014.
3\5/8\..........................  Jan. 1, 2014......  July 1, 2014.
3\1/4\..........................  July 1, 2014......  Jan. 1, 2015.
3...............................  Jan. 1, 2015......  July 1, 2015.
2\7/8\..........................  July 1, 2015......  Jan. 1, 2016.
2 \7/8\.........................  Jan. 1, 2016......  July 1, 2016.
2 \1/2\.........................  July 1, 2016......  Jan. 1, 2017.
2 \3/4\.........................  Jan. 1, 2017......  July 1, 2017.
2\7/8\..........................  July 1, 2017......  Jan. 1, 2018.
2\3/4\..........................  Jan. 1, 2018......  July 1, 2018.
3\1/8\..........................  July 1, 2018......  Jan. 1, 2019.
3\3/8\..........................  Jan 1, 2019.......  July 1, 2019.
2\3/4\..........................  July 1, 2019......  Jan 1, 2020.
2\1/4\..........................  Jan 1, 2020.......  July 1, 2020.
1\1/4\..........................  July 1, 2020......  Jan. 1, 2021.
1\3/8\..........................  Jan 1, 2021.......  July 1, 2021.
2\1/4\..........................  July, 1 2021......  Jan 1, 2022.
1\7/8\..........................  Jan 1, 2022.......  July 1, 2022.
3\1/4\..........................  July 1, 2022......  Jan 1, 2023.
4\1/4\..........................  Jan 1, 2023.......  July 1, 2023.
3\7/8\..........................  July 1, 2023......  Jan 1, 2024.
4\1/2\..........................  Jan 1, 2024.......  July 1, 2024.
4\3/4\..........................  July 1, 2024......  Jan 1, 2025.
------------------------------------------------------------------------

    Section 215 of Division G, Title II of Public Law 108-199, enacted 
January 23, 2004 (HUD's 2004 Appropriations Act) amended Section 224 of 
the Act, to change the debenture interest rate for purposes of 
calculating certain insurance claim payments made in cash. Therefore, 
for all claims paid in cash on mortgages insured under Section 203 or 
234 of the National Housing Act and endorsed for insurance after 
January 23, 2004, the debenture interest rate will be the monthly 
average yield, for the month in which the default on the mortgage 
occurred, on United States Treasury Securities adjusted to a constant 
maturity of 10 years, as found in Federal Reserve Statistical Release 
H-15. The Federal Housing Administration has codified this provision in 
HUD regulations at 24 CFR 203.405(b) and 24 CFR 203.479(b).
    Similarly, Section 520(a) of the National Housing Act (12 U.S.C. 
1735d) provides for the payment of an

[[Page 60648]]

insurance claim in cash on a mortgage or loan insured under any section 
of the National Housing Act before or after the enactment of the 
Housing and Urban Development Act of 1965. The amount of such payment 
shall be equivalent to the face amount of the debentures that would 
otherwise be issued, plus an amount equivalent to the interest which 
the debentures would have earned, computed to a date to be established 
pursuant to regulations issued by the Secretary. The implementing HUD 
regulations for multifamily insured mortgages at 24 CFR 207.259(e)(1) 
and (e)(6), when read together, provide that debenture interest on a 
multifamily insurance claim that is paid in cash is paid from the date 
of the loan default at the debenture rate in effect at the time of 
commitment or endorsement (or initial endorsement if there are two or 
more endorsements) of the loan, whichever is higher.
    Section 221(g)(4) of the Act provides that debentures issued 
pursuant to that paragraph (with respect to the assignment of an 
insured mortgage to the Secretary) will bear interest at the ``going 
Federal rate'' in effect at the time the debentures are issued. The 
term ``going Federal rate'' is defined to mean the interest rate that 
the Secretary of the Treasury determines, pursuant to a statutory 
formula based on the average yield on all outstanding marketable 
Treasury obligations of 8- to 12-year maturities, for the 6-month 
periods of January through June and July through December of each year. 
Section 221(g)(4) is implemented in the HUD regulations at 24 CFR 
221.255 and 24 CFR 221.790.
    The Secretary of the Treasury has determined that the interest rate 
to be borne by debentures issued pursuant to Section 221(g)(4) during 
the 6-month period beginning July 1, 2024, is 4\1/2\ percent. The 
subject matter of this notice falls within the categorical exemption 
from HUD's environmental clearance procedures set forth in 24 CFR 
50.19(c)(6). For that reason, no environmental finding has been 
prepared for this notice.

(Authority: Sections 211, 221, 224, National Housing Act, 12 U.S.C. 
1715b, 1715l, 1715o; Section 7(d), Department of HUD Act, 42 U.S.C. 
3535(d).)

Julia Gordon,
Assistant Secretary for Housing, Federal Housing Commissioner.

----------------------------------------------------------------------------------------------------------------
                                                   Effective                                       Calendar year
            Legislation description               start date          Effective date range           rate (%)
----------------------------------------------------------------------------------------------------------------
National Housing Act--Section 221(g)(4).......        7/1/2024  Jul-Dec 2024....................          4\1/2\
National Housing Act--Section 224.............        7/1/2024  Jul-Dec 2024....................          4\3/4\
National Housing Act--Section 221(g)(4).......        1/1/2024  Jan-Jun 2024....................          4\1/2\
National Housing Act--Section 224.............        1/1/2024  Jan-Jun 2024....................          4\7/8\
National Housing Act--Section 221(g)(4).......        7/1/2023  Jul-Dec 2023....................          3\1/2\
National Housing Act--Section 224.............        7/1/2023  Jul-Dec 2023....................          3\7/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2023  Jul-Dec 2023....................            5.35
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2023  Jan-Jun 2023....................          3\7/8\
National Housing Act--Section 224.............        1/1/2023  Jan-Jun 2023....................          4\1/4\
Alaska Native Claims Act--Public Law 94-204,          1/1/2023  Jan-Jun 2023....................            5.32
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2022  Jul-Dec 2022....................          2\7/8\
National Housing Act--Section 224.............        7/1/2022  Jul-Dec 2022....................          3\1/4\
Alaska Native Claims Act--Public Law 94-204,          7/1/2022  Jul-Dec 2022....................            4.40
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2022  Jan-Jun 2022....................          1\1/2\
National Housing Act--Section 224.............        1/1/2022  Jan-Jun 2022....................          1\7/8\
Alaska Native Claims Act--Public Law 94-204,          1/1/2022  Jan-Jun 2022....................            1.69
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2021  Jul-Dec 2021....................          1\1/2\
National Housing Act--Section 224.............        7/1/2021  Jul-Dec 2021....................          2\1/4\
Alaska Native Claims Act--Public Law 94-204,          7/1/2021  Jul-Dec 2021....................            0.06
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2021  Jan-Jun 2021....................           \3/4\
National Housing Act--Section 224.............        1/1/2021  Jan-Jun 2021....................          1\3/8\
Alaska Native Claims Act--Public Law 94-204,          1/1/2021  Jan-Jun 2021....................            0.05
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2020  Jul-Dec 2020....................           \5/8\
National Housing Act--Section 224.............        7/1/2020  Jul-Dec 2020....................          1\1/4\
Alaska Native Claims Act--Public Law 94-204,          7/1/2020  Jul-Dec 2020....................            0.09
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2020  Jan-Jun 2020....................          1\3/4\
National Housing Act--Section 224.............        1/1/2020  Jan-Jun 2020....................          2\1/4\
Alaska Native Claims Act--Public Law 94-204,          1/1/2020  Jan-Jun 2020....................            0.16
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2019  Jul-Dec 2019....................          2\3/8\
National Housing Act--Section 224.............        7/1/2019  Jul-Dec 2019....................          2\3/4\
Alaska Native Claims Act--Public Law 94-204,          7/1/2019  Jul-Dec 2019....................            1.55
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2019  Jan-Jun 2019....................          3\1/8\
National Housing Act--Section 224.............        1/1/2019  Jan-Jun 2019....................          3\3/8\
Alaska Native Claims Act--Public Law 94-204,          1/1/2019  Jan-Jun 2019....................            2.13
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2018  Jul-Dec 2018....................            3.00
National Housing Act--Section 224.............        7/1/2018  Jul-Dec 2018....................          3\1/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2018  Jul-Dec 2018....................            2.45
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2018  Jan-Jun 2018....................          2\3/8\
National Housing Act--Section 224.............        1/1/2018  Jan-Jun 2018....................          2\3/4\
Alaska Native Claims Act--Public Law 94-204,          1/1/2018  Jan-Jun 2018....................            1.93
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2017  Jul-Dec 2017....................          2\1/4\
National Housing Act--Section 224.............        7/1/2017  Jul-Dec 2017....................          2\7/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2017  Jul-Dec 2017....................            1.39
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2017  Jan-Jun 2017....................          2\1/8\
National Housing Act--Section 224.............        1/1/2017  Jan-Jun 2017....................          2\3/4\
Alaska Native Claims Act--Public Law 94-204,          1/1/2017  Jan-Jun 2017....................            1.03
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2016  Jul-Dec 2016....................          1\3/4\
National Housing Act--Section 224.............        7/1/2016  Jul-Dec 2016....................          2\1/2\

[[Page 60649]]

 
Alaska Native Claims Act--Public Law 94-204,          7/1/2016  Jul-Dec 2016....................            0.51
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2016  Jan-Jun 2016....................          2\1/4\
National Housing Act--Section 224.............        1/1/2016  Jan-Jun 2016....................            2.78
Alaska Native Claims Act--Public Law 94-204,          1/1/2016  Jan-Jun 2016....................            0.26
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2015  Jul-Dec 2015....................          2\1/8\
National Housing Act--Section 224.............        7/1/2015  Jul-Dec 2015....................          2\7/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2015  Jul-Dec 2015....................            0.16
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2015  Jan-Jun 2015....................          2\1/4\
National Housing Act--Section 224.............        1/1/2015  Jan-Jun 2015....................               3
Alaska Native Claims Act--Public Law 94-204,          1/1/2015  Jan-Jun 2015....................            0.01
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2014  Jul-Dec 2014....................          2\3/8\
National Housing Act--Section 224.............        7/1/2014  Jul-Dec 2014....................          3\1/4\
Alaska Native Claims Act--Public Law 94-204,          7/1/2014  Jul-Dec 2014....................            0.04
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2014  Jan-Jun 2014....................          2\1/2\
National Housing Act--Section 224.............        1/1/2014  Jan-Jun 2014....................          3\5/8\
Alaska Native Claims Act--Public Law 94-204,          1/1/2014  Jan-Jun 2014....................            0.04
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2013  Jul-Dec 2013....................          1\3/4\
National Housing Act--Section 224.............        7/1/2013  Jul-Dec 2013....................          2\7/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2013  Jul-Dec 2013....................            0.07
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2013  Jan-Jun 2013....................          1\3/8\
National Housing Act--Section 224.............        1/1/2013  Jan-Jun 2013....................          2\1/2\
Alaska Native Claims Act--Public Law 94-204,          1/1/2013  Jan-Jun 2013....................            0.04
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2012  Jul-Dec 2012....................          1\5/8\
National Housing Act--Section 224.............        7/1/2012  Jul-Dec 2012....................          2\3/4\
Alaska Native Claims Act--Public Law 94-204,          7/1/2012  Jul-Dec 2012....................            0.05
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2012  Jan-Jun 2012....................          1\7/8\
National Housing Act--Section 224.............        1/1/2012  Jan-Jun 2012....................          2\7/8\
Alaska Native Claims Act--Public Law 94-204,          1/1/2012  Jan-Jun 2012....................            0.09
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2011  Jul-Dec 2011....................               3
National Housing Act--Section 224.............        7/1/2011  Jul-Dec 2011....................          4\1/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2011  Jul-Dec 2011....................            0.02
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2011  Jan-Jun 2011....................          2\1/2\
National Housing Act--Section 224.............        1/1/2011  Jan-Jun 2011....................          3\7/8\
Alaska Native Claims Act--Public Law 94-204,          1/1/2011  Jan-Jun 2011....................            0.03
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2010  Jul-Dec 2010....................          3\3/8\
National Housing Act--Section 224.............        7/1/2010  Jul-Dec 2010....................          4\1/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2010  Jul-Dec 2010....................            0.12
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2010  Jan-Jun 2010....................          3\3/8\
National Housing Act--Section 224.............        1/1/2010  Jan-Jun 2010....................          4\1/4\
Alaska Native Claims Act--Public Law 94-204,          1/1/2010  Jan-Jun 2010....................            0.18
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2009  Jul-Dec 2009....................          3\3/8\
National Housing Act--Section 224.............        7/1/2009  Jul-Dec 2009....................          4\1/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2009  Jul-Dec 2009....................            0.06
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2009  Jan-Jun 2009....................          3\3/4\
National Housing Act--Section 224.............        1/1/2009  Jan-Jun 2009....................          4\1/8\
Alaska Native Claims Act--Public Law 94-204,          1/1/2009  Jan-Jun 2009....................            0.19
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2008  Jul-Dec 2008....................          3\7/8\
National Housing Act--Section 224.............        7/1/2008  Jul-Dec 2008....................          4\5/8\
Alaska Native Claims Act--Public Law 94-204,          7/1/2008  Jul-Dec 2008....................            0.11
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2008  Jan-Jun 2008....................          4\1/8\
National Housing Act--Section 224.............        1/1/2008  Jan-Jun 2008....................          4\1/2\
Alaska Native Claims Act--Public Law 94-204,          1/1/2008  Jan-Jun 2008....................            1.90
 Section 2(b).
National Housing Act--Section 221(g)(4).......        7/1/2007  Jul-Dec 2007....................          4\3/4\
National Housing Act--Section 224.............        7/1/2007  Jul-Dec 2007....................            5.00
Alaska Native Claims Act--Public Law 94-204,          7/1/2007  Jul-Dec 2007....................            3.37
 Section 2(b).
National Housing Act--Section 221(g)(4).......        1/1/2007  Jan-Jun 2007....................          4\7/8\
National Housing Act--Section 224.............        1/1/2007  Jan-Jun 2007....................          4\3/4\
Alaska Native Claims Act--Public Law 94-204,          1/1/2007  Jan-Jun 2007....................            4.81
 Section 2(b).
----------------------------------------------------------------------------------------------------------------


[FR Doc. 2024-16506 Filed 7-25-24; 8:45 am]
BILLING CODE 4210-67-P


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