73534 Federal Register / Vol. 88, No. 206 / Thursday, October 26, 2023 / Rules and Regulations 

program’s history of no defaults, Federal 

credit budgeting principles require that 

the availability of CDBG funds to repay 

the guaranteed loans cannot be assumed 

in the development of the credit subsidy 

cost estimate (see 80 FR 67629, 

November 3, 2015). Thus, the estimate 

must incorporate the risk that 

alternative sources are used to repay the 

guaranteed loan in lieu of CDBG funds, 

and that those sources may be 

insufficient. Based on the rate that 

CDBG funds are used annually for 

repayment of loan guarantees, HUD’s 

calculation of the credit subsidy cost 

must acknowledge the possibility of 

future defaults if those CDBG funds 

were not available. The fee of 1.64 

percent of the principal amount of the 

loan will offset the expected cost to the 

Federal Government due to default, 

financing costs, and other relevant 

factors. To arrive at this measure, HUD 

analyzed data on comparable municipal 

debt over an extended period. The 

estimated rate is based on the default 

and recovery rates for general purpose 

municipal debt and industrial 

development bonds. The cumulative 

default rates on industrial development 

bonds were higher than the default rates 

on general purpose municipal debt 

during the period from which the data 

were taken. These two subsectors of 

municipal debt were chosen because 

their purposes and loan terms most 

closely resemble those of Section 108 

guaranteed loans. 

In this regard, Section 108 guaranteed 

loans can be broken down into two 

categories: (1) loans that finance public 

infrastructure and activities to support 

subsidized housing (other than 

financing new construction) and (2) 

other development projects (e.g., retail, 

commercial, industrial). The 1.64 

percent fee was derived by weighting 

the default and recovery data for general 

purpose municipal debt and the data for 

industrial development bonds according 

to the expected composition of the 

Section 108 portfolio by corresponding 

project type. Based on the dollar amount 

of Section 108 loan guarantee 

commitments awarded from FY 2018 

through FY 2022, HUD expects that 58.4 

percent of the Section 108 portfolio will 

be similar to general purpose municipal 

debt and 41.6 percent of the portfolio 

will be similar to industrial 

development bonds. In setting the fee at 

1.64 percent of the principal amount of 

the guaranteed loan, HUD expects that 

the amount generated will fully offset 

the cost to the Federal Government 

associated with making guarantee 

commitments awarded in FY 2024. Note 

that the fee increased from 0.94 percent 

in FY 2023 to 1.64 percent in FY 2024, 

an increase of 0.70 percentage points in 

the level of fee charged. 

This document establishes a 

statutorily required fiscal requirement 

in the form of a fee based on rate and 

cost determinations that does not 

constitute a development decision that 

affects the physical condition of specific 

project areas or building sites. 

Accordingly, under 24 CFR 50.19(c)(6), 

this document is categorically excluded 

from environmental review under the 

National Environmental Policy Act of 

1969 (42 U.S.C. 4321). 

Marion M. McFadden, 

Principal Deputy Assistant Secretary for 

Community Planning and Development. 

[FR Doc. 2023–23665 Filed 10–25–23; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[Docket No. USCG–2023–0817] 

Special Local Regulations; Key West 

World Championship, Key West, FL 

AGENCY: Coast Guard, DHS. 

ACTION: Notification of enforcement of 

regulation. 

SUMMARY: The Coast Guard will enforce 

a special local regulation for the Key 

West World Championship to provide 

for the safety of life on navigable 

waterways during this event. Our 

regulation for marine events within the 

Seventh Coast Guard District identifies 

the regulated area for this event in Key 

West, FL. During the enforcement 

period, no person or vessel may enter, 

transit through, anchor in, or remain 

within the regulated area without 

permission from the Captain of the Port 

Key West or a designated representative. 

DATES: The regulations in 33 CFR 

100.701 will be enforced from 10 a.m. 

until 7 p.m., on November 8, 10, and 12, 

2023, for the location identified in 

paragraph (b), Item 4 in table 1 to 

§ 100.701. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions about this 

notification of enforcement, call or 

email Lieutenant Hailye Wilson, Sector 

Key West Waterways Management 

Division, Coast Guard; phone 305–292– 

8768, email Hailye.M.Wilson@uscg.mil. 

SUPPLEMENTARY INFORMATION: The Coast 

Guard will enforce special local 

regulations in 33 CFR 100.701 for the 

Key West World Championship 

regulated area identified in table 1 to 

§ 100.701, paragraph (b), Item 4, from 10 

a.m. to 7 p.m. on November 8, 10, and 

12, 2023. This action is being taken to 

provide for the safety of life on 

navigable waterways during this 3-day 

event. Our regulation for recurring 

marine events, Sector Key West, 

§ 100.701, paragraph (b), Item 4, 

specifies the location of the regulated 

area for the Key West World 

Championship, which encompasses a 

portion of the Atlantic Ocean located 

southwest of Key West, Florida. During 

the enforcement period, as reflected in 

§ 100.701(c), all persons and vessels, 

except those persons and vessels 

participating in the high speed boat 

races, are prohibited from entering, 

transiting through, anchoring in, or 

remaining within the regulated area 

without obtaining permission from the 

Captain of the Port Key West or a 

designated representative. 

In addition to this notice of 

enforcement in the Federal Register, the 

Coast Guard plans to provide 

notification of this enforcement period 

via the Local Notice to Mariners, marine 

information broadcasts, or both. 

Jason Ingram, 

Captain, U.S. Coast Guard, Captain of the 

Port Key West. 

[FR Doc. 2023–23649 Filed 10–25–23; 8:45 am] 

BILLING CODE 9110–04–P 

FEDERAL COMMUNICATIONS 

COMMISSION 

47 CFR Part 8 

[CG Docket No. 22–2; FCC 22–86; FR ID 

179821] 

Empowering Broadband Consumers 

Through Transparency 

AGENCY: Federal Communications 

Commission. 

ACTION: Final rule. 

SUMMARY: In this document, the 

Commission incorporates the 

compliance dates for the broadband 

consumer label rules per the Broadband 

Label Order. The rules require 

broadband internet access service 

providers to display, at the point of sale, 

labels that disclose certain information 

about broadband prices, introductory 

rates, data allowances, and broadband 

speeds, and to include links to 

information about their network 

management practices, privacy policies, 

and the Commission’s Affordable 

Connectivity Program. 

DATES: Effective date: October 26, 2023. 


ddrumheller on DSK120RN23PROD with RULES1
Federal Register / Vol. 88, No. 206 / Thursday, October 26, 2023 / Rules and Regulations 73535 

FOR FURTHER INFORMATION CONTACT: 

Erica H. McMahon of the Consumer and 

Governmental Affairs Bureau, Consumer 

Policy Division, at (202) 418–0346 or 

Erica.McMahon@fcc.gov. 

SUPPLEMENTARY INFORMATION: The 

Commission publishes this document to 

incorporate the compliance dates for 

§ 8.1(a)(1) through (6) of the rules 

adopted in the Broadband Label Order, 

87 FR 76959 (December 16, 2022). In a 

document published at 88 FR 69883 

(October 10, 2023), the Commission 

announced the compliance dates and 

stated that it would publish a document 

in the Federal Register revising 

§ 8.1(a)(7) to incorporate the compliance 

dates. 

To request materials in accessible 

formats for people with disabilities 

(Braille, large print, electronic files, 

audio format), send an email to fcc504@

fcc.gov or call the Consumer and 

Governmental Affairs Bureau at (202) 

418–0530 (voice). 

List of Subjects in 47 CFR Part 8 

Cable television, Common carriers, 

Communications common carriers, 

Reporting and recordkeeping 

requirements, Satellites, 

Telecommunications, Telephone, Radio. 

Federal Communications Commission. 

Marlene Dortch, 

Secretary, Office of the Secretary. 

Final Rules 

For the reasons discussed in the 

preamble, the Federal Communications 

Commission amends 47 CFR part 8 as 

follows: 

PART 8—INTERNET FREEDOM 

■ 1. The authority citation for part 8 

continues to read as follows: 

Authority: 47 U.S.C. 154, 201(b), 257, 

303(r), and 1753. 

■ 2. Amend § 8.1 by revising paragraph 

(a)(7) to read as follows: 

§ 8.1 Transparency. 

(a) * * * 

(7) Compliance with paragraphs (a)(1), 

(2), and (4) through (6) of this section for 

providers with 100,000 or fewer 

subscriber lines is required as of 

October 10, 2024, and for all other 

providers is required as of April 10, 

2024, except that compliance with the 

requirement in paragraph (a)(2) of this 

section to make labels accessible in 

online account portals will not be 

required for all providers until October 

10, 2024. Compliance with paragraph 

(a)(3) of this section is required for all 

providers as of October 10, 2024. 

* * * * * 

[FR Doc. 2023–23415 Filed 10–25–23; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL COMMUNICATIONS 

COMMISSION 

47 CFR Part 73 

[DA 23–993; MB Docket No. 22–430; RM– 

11939; FR ID 181208] 

Radio Broadcasting Services; 

Wharton, Texas 

AGENCY: Federal Communications 

Commission. 

ACTION: Final rule. 

SUMMARY: This document amends the 

FM Table of Allotments, of the Federal 

Communications Commission’s 

(Commission) rules, by allotting 

Channel 277C2 at Wharton, Texas, as a 

second local service. A staff engineering 

analysis indicates that Channel 277C2 

can be allotted to Wharton, Texas, 

consistent with the minimum distance 

separation requirements of the 

Commission’s rules, with a site 

restriction of 2.1 km (1.3 miles) west of 

the community. The reference 

coordinates are 29–18–26 NL and 96– 

07–50 WL. 

DATES: Effective December 4, 2023. 

FOR FURTHER INFORMATION CONTACT: 

Rolanda F. Smith, Media Bureau, (202) 

418–2054, Rolanda-Faye.Smith@fcc.gov. 

SUPPLEMENTARY INFORMATION: This is a 

synopsis of the Commission’s Report 

and Order, adopted October 19, 2023 

and released October 19, 2023. The full 

text of this Commission decision is 

available online at https://apps.fcc.gov/ 

ecfs/. The full text of this document can 

also be downloaded in Word or Portable 

Document Format (PDF) at https://

www.fcc.gov/edocs. This document does 

not contain information collection 

requirements subject to the Paperwork 

Reduction Act of 1995, Public Law 104– 

13. 

The Commission will send a copy of 

the Report and Order in a report to be 

sent to Congress and the Government 

Accountability Office pursuant to the 

Congressional Review Act, see 5 U.S.C. 

801(a)(1)(A). 

List of Subjects in 47 CFR Part 73 

Radio, Radio broadcasting. 

Federal Communications Commission. 

Nazifa Sawez, 

Assistant Chief, Audio Division, Media 

Bureau. 

Final Rules 

For the reasons discussed in the 

preamble, the Federal Communications 

Commission amends 47 CFR part 73 as 

follows: 

PART 73—RADIO BROADCAST 

SERVICES 

■ 1. The authority citation for part 73 

continues to read as follows: 

Authority: 47 U.S.C. 154, 155, 301, 303, 

307, 309, 310, 334, 336, 339. 

■ 2. In § 73.202(b), amend the Table of 

FM Allotments under Texas, by adding 

in alphabetical order an entry for 

‘‘Wharton’’ to read as follows: 

§ 73.202 Table of Allotments. 

* * * * * 

(b) Table of FM Allotments. 

TABLE 1 TO PARAGRAPH (b) 

U.S. States Channel No. 

Texas 

* * * * * 

Wharton ................................ 277C2 

* * * * * 

* * * * * 

[FR Doc. 2023–23659 Filed 10–25–23; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL COMMUNICATIONS 

COMMISSION 

47 CFR Part 73 

[MB Docket No. 23–279; RM–11956; DA 23– 

981; FR ID 179884] 

Television Broadcasting Services 

Tulare, California 

AGENCY: Federal Communications 

Commission. 

ACTION: Final rule. 

SUMMARY: The Video Division, Media 

Bureau (Bureau) has before it a Notice 

of Proposed Rulemaking issued in 

response to a Petition for Rulemaking 

filed by One Ministries, Inc. (Petitioner). 

The Petitioner requests the allotment of 

reserved noncommercial educational 

(NCE) channel *3 to Tulare, California 

(Tulare), in the Table of TV Allotments 

as the community’s first local television 

service. The Petitioner filed comments 

in support of the petition, as required by 


ddrumheller on DSK120RN23PROD with RULES1