Department of Housing and Urban Development March 2005 – Federal Register Recent Federal Regulation Documents

Eligibility of Adjustable Rate Mortgages
Document Number: 05-6061
Type: Rule
Date: 2005-03-29
Agency: Department of Housing and Urban Development
This rule makes available a new adjustable rate mortgage (ARM) product. In accordance with statutory authority, this rule enables the Secretary to insure five-year hybrid ARMs with interest rates adjustable up to two percentage points annually (this type of mortgage is known as a 5/1 ARM). The lifetime cap on annual interest rate adjustments for five-year ARMs is set at six percentage points.
Notice of Submission of Proposed Information Collection to OMB; Emergency Comment Request; Grant Application for Public Housing Graduation Incentive Bonus
Document Number: E5-1372
Type: Notice
Date: 2005-03-28
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for emergency review and approval, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. This is a request for a new information collection that will be used to select awardees for the Graduation Incentive Bonus program grants that will be part of the 2005 Notice of Funding Availability. Congress has authorized this Graduation Incentive Bonus funding as a set aside from the 2005 Public Housing Operating Fund allocation. Funds can be used for any and all operating expenses approved under section 9 of the United States Housing Act of 1937 and 24 CFR part 990.
Notice of Submission of Proposed Information Collection to OMB; Mortgagor's Certificate of Actual Cost
Document Number: E5-1333
Type: Notice
Date: 2005-03-28
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. This is a request for continued OMB approval to collect the subject information. The Mortgagor's Certificate of Actual Cost is submitted by the mortgagor to certify actual costs of development in order to make an informed determination of mortgage insurance acceptability and to prevent windfall profits. Its use provides a base for evaluating housing programs, labor costs, and physical improvements in connection with the construction of multifamily housing.
Notice of Proposed Information Collection: Comment Request
Document Number: 05-6062
Type: Notice
Date: 2005-03-28
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Federal Property Suitable as Facilities To Assist the Homeless
Document Number: 05-5786
Type: Notice
Date: 2005-03-25
Agency: Department of Housing and Urban Development
This notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for possible use to assist the homeless.
Notice of Proposed Information Collection: Comment Request
Document Number: 05-5827
Type: Notice
Date: 2005-03-24
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Notice of Proposed Information Collection: Comment Request
Document Number: 05-5826
Type: Notice
Date: 2005-03-24
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Notice of Proposed Information Collection: Comment Request; Assisted Living Conversion Program (ALCP) and Emergency Capital Repair Program (ECRP)
Document Number: 05-5825
Type: Notice
Date: 2005-03-24
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Notice of Proposed Information for Public Comments, Housing Opportunities for Persons with AIDS (HOPWA) Program Annual Reporting Requirements
Document Number: 05-5785
Type: Notice
Date: 2005-03-24
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Mortgage Fraud Reporting
Document Number: 05-5776
Type: Proposed Rule
Date: 2005-03-24
Agency: Federal Housing Enterprise Oversight Office, Department of Housing and Urban Development
On February 25, 2005, the Office of Federal Housing Enterprise Oversight (OFHEO) published a notice of proposed rulemaking titled ``Mortgage Fraud Reporting'' in the Federal Register (70 FR 9255) that would set forth safety and soundness requirements with respect to mortgage fraud reporting in furtherance of the supervisory responsibilities of OFHEO under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992. OFHEO has received requests from the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation for an extension of the current comment period deadline of March 28, 2005, to enable them to present their respective views in a manner that is as comprehensive and as helpful to OFHEO as possible. In recognition of the importance of obtaining fully developed and constructive comments as to the implications of this proposed rulemaking, OFHEO is extending the comment period for the proposed mortgage fraud reporting regulation from March 28, 2005, to April 4, 2005. The extension will ensure that all interested parties have ample opportunity to participate in the rulemaking process by providing meaningful comment in the development of the proposed regulation.
Notice of Availability of the Draft Environmental Impact Statement for the Development of Stillwater Business Park, City of Redding, CA
Document Number: E5-1253
Type: Notice
Date: 2005-03-23
Agency: Department of Housing and Urban Development
HUD gives notice to the public, agencies, and Indian tribes that the City of Redding, CA, has prepared a Draft Environmental Impact Statement (DEIS)/ Environmental Impact Report (EIR) for the Stillwater Business Park project located in Redding, CA. The City of Redding, CA has prepared the Draft EIS/EIR under its authority as the responsible entity for compliance with the National Environmental Policy Act (NEPA) in accordance with 42 U.S.C. 3547(c) and HUD regulations at 24 CFR 58.4 and under its authority as lead agency in accordance with the California Environmental Quality Act (CEQA). The draft EIS/EIS is a joint NEPA and CEQA document. The EIR will satisfy requirements of the CEQA (Public Resources Code 21000 et seq.) and State CEQ Guidelines (14 California Code of Regulations 15000 et seq.) that require that all state and local government agencies consider the environmental consequences of projects over which they have discretionary authority before acting on those projects. Because HUD Economic Development Initiative (EDI) special project funds would be used, the proposed action is also subject to NEPA. EPA, State and Tribal Assistance Grants (STAG) will also fund water and wastewater related infrastructure. EPA is acting as a cooperating agency for this process. This notice is given in accordance with the Council on Environmental Quality regulations at 40 CFR parts 1500-1508. All interested federal, state, and local agencies, Indian tribes, groups, and the public are invited to comment on the draft EIS.
Notice of Proposed Information Collection: Comment Request, HUD-Administered Small Cities Program Performance Assessment Report
Document Number: 05-5645
Type: Notice
Date: 2005-03-23
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Notice of Submission of Proposed Information Collection to OMB; Manufactured Home Construction and Safety Standards Act Reporting Requirements
Document Number: E5-1215
Type: Notice
Date: 2005-03-21
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. HUD is requesting approval to continue the current information collection requirements.
Federal Property Suitable as Facilities To Assist the Homeless
Document Number: 05-5042
Type: Notice
Date: 2005-03-18
Agency: Department of Housing and Urban Development
This Notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for possible use to assist the homeless.
Notice of Proposed Information Collection: Comment Request
Document Number: 05-4973
Type: Notice
Date: 2005-03-14
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Notice of Submission of Proposed Information Collection to OMB; Emergency Comment Request; Continuum of Care Homeless Assistance Grant Application
Document Number: 05-4972
Type: Notice
Date: 2005-03-14
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for emergency review and approval, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Federal Property Suitable as Facilities To Assist the Homeless
Document Number: 05-4660
Type: Notice
Date: 2005-03-11
Agency: Department of Housing and Urban Development
This notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for possible use to assist the homeless.
Notice of Submission of Proposed Information Collection to OMB; Emergency Comment Request; Grant Application for Housing for People Who Are Homeless and Addicted to Alcohol
Document Number: 05-4661
Type: Notice
Date: 2005-03-10
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for emergency review and approval, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.
Notice of Submission of Proposed Information Collection to OMB; Application for Approval as FHA Title I/II Lender/GNMA Mortgage-Backed Securities Issuer
Document Number: 05-4395
Type: Notice
Date: 2005-03-08
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. HUD is requesting approval to consolidate the two currently approved information collections for Application for Approval as FHA Title I/II Lender/GNMA Mortgage-Backed Securities Issuer and the Annual Financial Statements from Title I/II Nonsupervised Mortgagees/Loan Correspondents.
Notice of HUD-Held Multifamily and Healthcare Loan Sale (MHLS 2005-1)
Document Number: 05-4394
Type: Notice
Date: 2005-03-08
Agency: Department of Housing and Urban Development
This notice announces HUD's intention to sell certain unsubsidized multifamily and healthcare mortgage loans, without Federal Housing Administration (FHA) insurance, in a competitive, sealed bid sale (MHLS 2005-1). This notice also describes generally the bidding process for the sale and certain persons who are ineligible to bid.
Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates
Document Number: E5-901
Type: Notice
Date: 2005-03-04
Agency: Department of Housing and Urban Development
This notice announces changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Commissioner 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 January 1, 2005, is 5 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 January 1, 2005, is 4\7/8\ percent. However, as a result of a recent amendment to section 224 of the Act, if an insurance claim relating to a mortgage insured under sections 203 or 234 of the Act and endorsed for insurance after January 23, 2004, is paid in cash, the debenture interest rate for purposes of calculating a claim shall 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.
Federal Property Suitable as Facilities To Assist the Homeless
Document Number: 05-3912
Type: Notice
Date: 2005-03-04
Agency: Department of Housing and Urban Development
This Notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for possible use to assist the homeless.
Notice of Submission of Proposed Information Collection to OMB; Designation of Round III Empowerment Zones and Renewal Communities
Document Number: 05-4046
Type: Notice
Date: 2005-03-03
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. This is a revision to a currently approved collection. The Round III Empowerment Zones and Renewal Communities (RCs) application has been discontinued. However, HUD is requesting approval to continue collecting information for progress reporting provided by designated RCs.
Notice of Submission of Proposed Information Collection to OMB; Third Round Designation of Seven Urban Empowerment Zones
Document Number: 05-4045
Type: Notice
Date: 2005-03-03
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. This is a revision to a currently approved collection. The application portion of this collection has been discontinued. Information will report progress by respondents of Round I, II, III Empowerment Zones (EZs). Businesses located in the EZs are eligible for Federal tax incentives to hire local residents and to expand or improve their operations.
Notice of Submission of Proposed Information Collection to OMB; Public Housing Admissions/Occupancy Policies
Document Number: 05-4042
Type: Notice
Date: 2005-03-03
Agency: Department of Housing and Urban Development
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. To ensure the low-income character of public housing projects and to ensure sound management practices, Public Housing Agencies (PHAs) which have entered into an Annual Contribution Contract (ACC) with HUD must develop, and keep on file, admission and occupancy policies approved by HUD. The previous requirement for plans for eligibility of police officers is no longer included.