Notice of Funds Availability for the Section 533 Housing Preservation Grants for Fiscal Year 2008
The Rural Housing Service (RHS), an agency within Rural Development, announces that it is soliciting competitive applications under its Housing Preservation Grant (HPG) program. The HPG program is a grant program which provides qualified public agencies, private nonprofit organizations, which may include, but not be limited to, faith-based and community organizations, and other eligible entities grant funds to assist very low- and low-income homeowners in repairing and rehabilitating their homes in rural areas. In addition, the HPG program assists rental property owners and cooperative housing complexes in repairing and rehabilitating their units if they agree to make such units available to low- and very low-income persons. This action is taken to comply with Agency regulations found in 7 CFR part 1944, subpart N, which require the Agency to announce the opening and closing dates for receipt of preapplications for HPG funds from eligible applicants. The intended effect of this Notice is to provide eligible organizations notice of these dates.
Form RD 1951-33, “Reamortization Request”
The Rural Housing Service (RHS) hereby amends the regulation utilized to service the Community Facilities loan and grant programs and the Business Programs direct loan program by revising the form number for reamortization requests. The form was mistakenly made obsolete during the implementation of regulations changes for the Multi-Family Housing program. This final rule will correct the form reference.
Notice of Funds Availability (NOFA) Inviting Applications for the Rural Community Development Initiative (RCDI) for Fiscal Year 2008
This Notice announces the availability of $6,255,900 of competitive grant funds for the RCDI program through the Rural Housing Service (RHS), an agency within the USDA Rural Development mission area herein referred to as the Agency. Applicants must provide matching funds in an amount at least equal to the Federal grant. These grants will be made to qualified intermediary organizations that will provide financial and technical assistance to recipients to develop their capacity and ability to undertake projects related to housing, community facilities, or community and economic development. This Notice lists the information needed to submit an application for these funds.
Request for Proposals: The National Emergency or Disaster Grants To Assist Low-Income Migrant and Seasonal Farmworkers
The Rural Housing Service (RHS) announces the availability of funds and the timeframe to submit applications for grants to provide emergency services to areas where the Secretary of Agriculture determines that a local, state, or national emergency or disaster has caused low-income migrant or seasonal farmworkers to lose income, be unable to work, or to stay at home or return home in anticipation of work shortages. For purposes of this NOFA, emergency services include any service that can be provided under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Pub. L. 93-288), as amended (Stafford Act), that also meets the requirements of 42 U.S.C. 5177a. For instance the Stafford Act and 41 U.S.C. 5177a would permit the following services: Activities to support state and local emergency assistance; Coordination of disaster relief provided by federal and non-federal organizations; Technical and advisory assistance to state and local governments; Emergency assistance through federal agencies; Debris removal through grants to state and local governments; Grants to individuals and households for temporary housing and uninsured personal needs; and Distribution of medicine, food and consumables. Additionally, for this NOFA, the types of services could include, but are not limited to, assistance in meeting rent or mortgage payments, utility bills, child care, transportation, school supplies, food, repair or rehabilitation of farmworker housing, facilities related to farmworker housing such as an infirmary for emergency care of a child care facility, and the rehabilitation of existing farmworker housing units. Please go to http://www.rurdev.usda.gov/rd/disasters to determine if your area has been identified by the Secretary of Agriculture as a national emergency or disaster area or contact your local Rural Development office.
Notice for Request for Proposals for Guaranteed Loans Under the Section 538 Guaranteed Rural Rental Housing Program (GRRHP) for Fiscal Year 2008
This is a request for proposals for guaranteed loans under the section 538 Guaranteed Rural Rental Housing Program (GRRHP) pursuant to 7 CFR 3565.4 for Fiscal Year (FY) 2008 subject to the availability of funding. FY 2008 funding for the section 538 program is $129,090,000. Applicants will submit proposals in the form of ``RESPONSES.'' The commitment of program dollars will be made to applicants of selected responses that have fulfilled the necessary requirements for obligation. Expenses incurred in developing applications will be at the applicant's risk. The following paragraphs outline the timeframes, eligibility requirements, lender responsibilities, and the overall response and application processes. The GRRHP operates under 7 CFR part 3565. The GRRHP Origination and Servicing Handbook (HB-1-3565) is available to provide lenders and the general public with guidance on program administration. HB-1-3565, which contains a copy of 7 CFR part 3565 in Appendix 1, can be found at the Agency's Instructions Web site address http://www.rurdev.usda.gov/ regs/hblist.html#hbw6. Eligible lenders are invited to submit responses for the new construction of affordable rural rental housing, the acquisition with rehabilitation of affordable rural rental housing, the revitalization, repair, and transfer (as stipulated in 7 CFR 3560.406) of existing direct section 515 housing (transfer costs are subject to Agency approval and must be an eligible use of loan proceeds as listed in 7 CFR 3565.205), and properties involved in the Agency's multi-family preservation and revitalization program (MPR). Equity payments, as stipulated in 7 CFR 3560.406, in connection with the transfer of existing direct section 515 housing, are an eligible use of loan proceeds. In order to be considered, direct section 515 housing and MPR projects must need repairs and undergo revitalization of a minimum of $6,500 per unit. The Agency will review responses submitted by eligible lenders, on the lender's letterhead, and signed by both the prospective borrower and lender. Although a complete application is not required in response to this Notice of request for proposals, eligible lenders may submit a complete application concurrently with the response. However, submitting a complete application will not have an effect on the respondent's score.