Federal Register / Vol. 72, No. 68 / Tuesday, April 10, 2007 / Notices 17929 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–4964–N–03] 

Annual Indexing of Basic Statutory 

Mortgage Limits for Multifamily 

Housing Programs 

AGENCY: Office of the Assistant 

Secretary for Housing—Federal Housing 

Commissioner, HUD. 

ACTION: Notice. 

SUMMARY: In accordance with section 

206A of the National Housing Act, HUD 

has adjusted the basic statutory 

mortgage limits for multifamily housing 

programs for calendar year 2007. 

DATES: Effective Date: January 1, 2007. 

FOR FURTHER INFORMATION CONTACT: 

Joseph E. Malloy, Acting Director, Office 

of Multifamily Development, 

Department of Housing and Urban 

Development, 451 Seventh Street, SW., 

Washington, DC 20410–8000, telephone 

(202) 708–1142 (this is not a toll-free 

number). Hearing- or speech-impaired 

individuals may access this number 

through TTY by calling the toll-free 

Federal Information Relay Service at 

(800) 877–8339. 

SUPPLEMENTARY INFORMATION: The FHA 

Downpayment Simplification Act of 

2002 (Pub. L. 107–326, approved 

December 4, 2002) amended the 

National Housing Act by adding a new 

section 206A (12 U.S.C. 1712a). Under 

section 206A, the following are affected: 

(1) Section 207(c)(3)(A) (12 U.S.C. 

1713(c)(3)(A)); 

(2) Section 213(b)(2)(A) (12 U.S.C. 

1715e(b)(2)(A)); 

(3) Section 220(d)(3)(B)(iii)(I) (12 

U.S.C. 1715k(d)(3)(B)(iii)(I)); 

(4) Section 221(d)(3)(ii)(I) (12 U.S.C. 

1715l(d)(3)(ii)(I)); 

(5) Section 221(d)(4)(ii)(I) (12 U.S.C. 

1715l(d)(4)(ii)(I)); 

(6) Section 231(c)(2)(A) (12 U.S.C. 

1715v(c)(2)(A)); and 

(7) Section 234(e)(3)(A) (12 U.S.C. 

1715y(e)(3)(A)). 

The dollar amounts in these sections, 

which are collectively referred to as the 

‘‘Dollar Amounts,’’ shall be adjusted 

annually (commencing in 2004) on the 

effective date of the Federal Reserve 

Board’s adjustment of the $400 figure in 

the Home Ownership and Equity 

Protection Act of 1994 (HOEPA) (Pub. L. 

103–325, approved September 23, 

1994). The adjustment of the Dollar 

Amounts shall be calculated using the 

percentage change in the Consumer 

Price Index for All Urban Consumers 

(CPI–U) as applied by the Federal 

Reserve Board for purposes of the 

above-described HOEPA adjustment. 

HUD has been notified of the 

percentage change in the CPI–U used for 

the HOEPA adjustment and the effective 

date of the HOEPA adjustment. The 

percentage change in the CPI–U is 3.55 

percent and the effective date of the 

HOEPA adjustment is January 1, 2007. 

The Dollar Amounts have been adjusted 

correspondingly and have an effective 

date of January 1, 2007. 

The adjusted Dollar Amounts for 

calendar year 2007 are shown below: 

Basic Statutory Mortgage Limits for 

Calendar Year 2007 

Multifamily Loan Program 

• Section 207—Multifamily Housing. 

• Section 207 pursuant to section 

223(f)—Purchase or refinance housing. 

• Section 220—Housing in urban 

renewal areas. 

Bedrooms Nonelevator Elevator 

0 ................................ $42,614 49,171 

1 ................................ 47,203 55,071 

2 ................................ 56,381 67,528 

3 ................................ 69,494 84,574 

4+ .............................. 78,674 95,627 

• Section 213—Cooperatives. 

Bedrooms Nonelevator Elevator 

0 ................................ $46,180 49,171 

1 ................................ 53,245 55,709 

2 ................................ 64,216 67,741 

3 ................................ 82,195 87,635 

4+ .............................. 91,570 96,197 

• Section 221(d)(3)—Moderate 

income housing. 

• Section 234—Condominium 

housing. 

Bedrooms Nonelevator Elevator 

0 ................................ $47,122 49,590 

1 ................................ 54,332 56,845 

2 ................................ 65,525 69,124 

3 ................................ 83,873 89,423 

4+ .............................. 93,438 98,160 

• Section 221(d)(4)—Moderate 

income housing. 

Bedrooms Nonelevator Elevator 

0 ................................ $42,408 45,809 

1 ................................ 48,138 52,514 

2 ................................ 58,186 63,856 

3 ................................ 73,034 82,608 

4+ .............................. 82,760 90,679 

• Section 231—Housing for the 

Elderly. 

Bedrooms Nonelevator Elevator 

0 ................................ $40,320 45,809 

1 ................................ 45,074 52,514 

2 ................................ 53,825 63,856 

3 ................................ 64,773 82,608 

4+ .............................. 76,151 90,679 

• Section 207—Manufactured Home 

Parks. 

Per Space—$19,565 

Dated: April 2, 2007. 

Brian D. Montgomery, 

Assistant Secretary for Housing—Federal 

Housing Commissioner. 

[FR Doc. E7–6654 Filed 4–9–07; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF THE INTERIOR 

Fish and Wildlife Service 

Receipt of Applications for Permit 

AGENCY: Fish and Wildlife Service, 

Interior. 

ACTION: Notice of receipt of applications 

for permit. 

SUMMARY: The public is invited to 

comment on the following applications 

to conduct certain activities with 

endangered species and/or marine 

mammals. 

DATES: Written data, comments or 

requests must be received by May 10, 

2007. 

ADDRESSES: Documents and other 

information submitted with these 

applications are available for review, 

subject to the requirements of the 

Privacy Act and Freedom of Information 

Act, by any party who submits a written 

request for a copy of such documents 

within 30 days of the date of publication 

of this notice to: U.S. Fish and Wildlife 

Service, Division of Management 

Authority, 4401 North Fairfax Drive, 

Room 700, Arlington, Virginia 22203; 

fax 703/358–2281. 

FOR FURTHER INFORMATION CONTACT: 

Division of Management Authority, 

telephone 703/358–2104. 

SUPPLEMENTARY INFORMATION: 

Endangered Species 

The public is invited to comment on 

the following applications for a permit 

to conduct certain activities with 

endangered species. This notice is 

provided pursuant to Section 10(c) of 

the Endangered Species Act of 1973, as 

amended (16 U.S.C. 1531 et seq.). 

Written data, comments, or requests for 

copies of these complete applications 

should be submitted to the Director 

(address above). 


cprice-sewell on PROD1PC66 with NOTICES