Federal Register / Vol. 89, No. 208 / Monday, October 28, 2024 / Notices 85553 

disbursements in a timely manner, and 

reconciliations for overages and 

shortages on a quarterly basis. 

Respondents: Public Housing 

Authorities. 

Estimated Number of Respondents: 

2,153. 

Estimated Number of Responses: 

25,836. 

Frequency of Response: monthly 

(HUD–52681, HUD–52681–B)/annually 

(HUD–52663, HUD–52672, HUD–52673, 

HUD–52681). 

Average Hours per Response: 2. 

Total Estimated Burdens: 51,672. 

Information collection Number of 

respondents 

Frequency of 

response 

Responses 

per annum 

Burden hour 

per response 

Annual burden 

hours 

Hourly cost 

per response Annual cost 

Total ........................................................ 2,153 12 25,836 2 51,672 $35.67 $1,843,140.24 

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. 

Chapter 35. 

Lora Routt, 

Director, Office of Policy, Programs and 

Legislative Initiatives. 

[FR Doc. 2024–24984 Filed 10–25–24; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–6497–N–01] 

Notice of HUD-Held Non Vacant Loan 

Sales (HNVLS 2025–1) 

AGENCY: Office of the Assistant 

Secretary for Housing Federal Housing 

Commissioner, U.S. Department of 

Housing and Urban Development 

(HUD). 

ACTION: Notice. 

SUMMARY: This notice announces HUD’s 

intention to competitively offer 

approximately 1,180 home equity 

conversion mortgages (HECM, or reverse 

mortgage loans) secured by occupied 

properties with a loan balance of 

approximately $500 million. The sale 

will consist of due and payable 

Secretary-held reverse mortgage loans. 

The mortgage loans consist of first liens 

secured by real property that is 

occupied, where the borrower and coborrowing spouse are deceased, and 

heirs have not come forward in the time 

elapsed. The Secretary will prioritize up 

to 50 percent of the offered assets for 

award to nonprofit organizations or 

governmental entity bidders with a 

documented housing mission. This 

notice also generally describes the 

bidding process for the sale and certain 

entities who are ineligible to bid. This 

is the first sale offering of its type and 

will be held on December 11, 2024. 

DATES: For this sale action, the Bidder 

Information Package (BIP) will be made 

available to qualified bidders on or 

about November 12, 2024. Bids for the 

HNVLS 2025–1 sale will be accepted on 

the Bid Date of December 11, 2024. HUD 

anticipates that award(s) will be made 

on or about December 16, 2024 (the 

Award Date). 

ADDRESSES: To become an eligible 

bidder and receive the BIP for the 

December sale, prospective bidders 

must complete, execute, and submit a 

Confidentiality Agreement and 

Qualification Statement acceptable to 

HUD. The documents will be available 

in preview form with free login on the 

Transaction Specialist (TS), Falcon 

Capital Advisors, website: http://

www.falconassetsales.com. This website 

contains information and links to 

register for the sale and electronically 

complete and submit documents. 

If you cannot submit electronically, 

please submit executed documents via 

mail or facsimile to Falcon Capital 

Advisors: Falcon Capital Advisors, 427 

N Lee Street, Alexandria, VA 22314, 

Attention: Glenn Ervin, HUD HNVLS 

Loan Sale Coordinator. eFax: 1–202– 

393–4125. 

FOR FURTHER INFORMATION CONTACT: John 

Lucey, Director, Office of Asset Sales, 

Room 9216, Department of Housing and 

Urban Development, 451 Seventh Street 

SW, Washington, DC 20410–8000; 

telephone 202–708–2625, extension 

3927 (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 or 

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. 

SUPPLEMENTARY INFORMATION: This 

notice announces HUD’s intention to 

sell in HNVLS 2025–1 due and payable 

Secretary-held reverse mortgage loans. 

HUD is offering 1,180 reverse mortgage 

notes with a loan balance of 

approximately $500 million. The 

mortgage loans consist of first liens 

secured by real property that is 

occupied, where the borrower and coborrowing spouse are deceased, and 

heirs have not come forward in the time 

elapsed. 

A listing of the mortgage loans will be 

included in the due diligence materials 

made available to eligible bidders. The 

mortgage loans will be sold without 

FHA insurance and with servicing 

released. HUD will offer eligible bidders 

an opportunity to bid competitively on 

the mortgage loans. 

The Bidding Process 

The BIP describes in detail the 

procedure for bidding in HNVLS 2025– 

1. The BIP also includes the applicable 

standardized non-negotiable 

Conveyance, Assignment and 

Assumption Agreements for HNVLS 

2025–1 (CAAs). The CAAs will contain 

first look requirements and mission 

outcome goals. 

HUD will evaluate the bids submitted 

and determine the successful bids, in 

terms of the best value to HUD, in its 

sole and absolute discretion. If a bidder 

is successful, it will be required to 

submit a deposit which will be 

calculated based upon the total dollar 

value of the bidder’s potential award. 

Award will be contingent on receiving 

the deposit in the timeframe outlined in 

the deposit letter. The deposit amount 


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85554 Federal Register / Vol. 89, No. 208 / Monday, October 28, 2024 / Notices 

will be applied towards the purchase 

price at settlement. 

This notice provides some of the basic 

terms of sale. The CAAs will be released 

in the BIP or BIP Supplement, as 

applicable. These documents provide 

comprehensive contractual terms and 

conditions to which eligible bidders 

will acknowledge and agree. To ensure 

a competitive bidding process, the terms 

of the bidding process and the CAAs are 

not subject to negotiation. 

Due Diligence Review 

The BIP describes how eligible 

bidders may access the due diligence 

materials remotely via a high-speed 

internet connection. 

Mortgage Loan Sale Policy 

HUD reserves the right to remove 

mortgage loans from a sale at any time 

prior to the Award Date and the 

settlement date for the mortgage loans. 

HUD also reserves the right to reject any 

and all bids, in whole or in part, and 

include any reverse mortgage loans in a 

later sale. Deliveries of mortgage loans 

will occur in conjunction with 

settlement and servicing transfer no 

later than 60 days after the Award Date. 

The reverse mortgage loans offered for 

sale were insured by and were assigned 

to HUD pursuant to section 255 of the 

National Housing Act, as amended. The 

sale of the reverse mortgage loans is 

pursuant to HUD’s authority in section 

204(g) of the National Housing Act. 

Mortgage Loan Sale Procedure 

HUD selected an open competitive 

whole-loan sale as the method to sell 

the reverse mortgage loans for this 

specific sale transaction. For the HNVLS 

2025–1 sale, HUD has determined that 

this method of sale optimizes HUD’s 

return on the sale of these reverse 

mortgage loans, affords the greatest 

opportunity for all eligible bidders to 

bid on the reverse mortgage loans, and 

provides the quickest and most efficient 

vehicle for HUD to dispose of the due 

and payable reverse mortgage loans. 

Bidder Ineligibility 

In order to bid in HNVLS 2025–1 as 

an eligible bidder, a prospective bidder 

must complete, execute, and submit a 

Confidentiality Agreement, a 

Qualification Statement (HUD–9611), 

and an Addendum for Nonprofit and 

Government Pools and Sub-pools 

(HUD–9612), as applicable (collectively, 

for these bidders, the Qualification 

Statement (HUD–9611) and Addendum 

for Nonprofit and Government Pools 

and Sub-pools (HUD–9612), as 

applicable, shall be defined as the 

Qualification Statement) that is 

acceptable to HUD. Eligible bidders 

seeking to be awarded loans on a 

priority basis must submit the 

Confidentiality Agreement, 

Qualification Statement (HUD–9611), 

and Addendum for Nonprofit and 

Government Pools and Sub-pools 

(HUD–9612), and Housing Mission 

Supplemental Certification (collectively, 

for these bidders, the Qualification 

Statement (HUD–9611) and Addendum 

for Nonprofit and Government Pools 

and Sub-pools (HUD–9612), and 

Housing Mission Supplemental 

Certification shall be defined as the 

Qualification Statement) that is 

acceptable to HUD. In the Qualification 

Statement, the prospective bidder must 

provide certain representations and 

warranties regarding the prospective 

bidder, including (i) the prospective 

bidder’s board of directors, (ii) the 

prospective bidder’s direct parent, (iii) 

the prospective bidder’s subsidiaries, 

(iv) any related entity with which the 

prospective bidder shares a common 

officer, director, subcontractor or subcontractor who has access to 

Confidential Information as defined in 

the Confidentiality Agreement or is 

involved in the formation of a bid 

transaction (collectively the ‘‘Related 

Entities’’), and (v) the prospective 

bidder’s repurchase lenders. The 

prospective bidder is ineligible to bid on 

any of the reverse mortgage loans 

included in HNVLS 2025–1 if the 

prospective bidder, its Related Entities, 

or its repurchase lenders, are any of the 

following, unless other exceptions apply 

as provided for in the Qualification 

Statement. 

1. An individual or entity that is 

currently debarred, suspended, or 

excluded from doing business with 

HUD pursuant to the Governmentwide 

Suspension and Debarment regulations 

at 2 CFR parts 180 and 2424; 

2. An individual or entity that is 

currently suspended, debarred, or 

otherwise restricted by any department 

or agency of the federal government or 

of a state government from doing 

business with such department or 

agency; 

3. An individual or entity that is 

currently debarred, suspended, or 

excluded from doing mortgage related 

business, including having a business 

license suspended, surrendered or 

revoked, by any federal, state, or local 

government agency, division, or 

department; 

4. An entity that has had its right to 

act as a Government National Mortgage 

Association (‘‘Ginnie Mae’’) issuer 

terminated and its interest in mortgages 

backing Ginnie Mae mortgage-backed 

securities extinguished by Ginnie Mae; 

5. An individual or entity that is in 

violation of its neighborhood stabilizing 

outcome obligations or post-sale 

reporting requirements under a 

Conveyance, Assignment and 

Assumption Agreement executed for 

any previous mortgage loan sale of 

HUD; 

6. An employee of HUD’s Office of 

Housing, a member of such employee’s 

household, or an entity owned or 

controlled by any such employee or 

member of such an employee’s 

household with household to be 

inclusive of the employee’s father, 

mother, stepfather, stepmother, brother, 

sister, stepbrother, stepsister, son, 

daughter, stepson, stepdaughter, 

grandparent, grandson, granddaughter, 

father-in-law, mother-in-law, brother-inlaw, sister-in-law, son-in-law, daughterin-law, first cousin, the spouse of any of 

the foregoing, and the employee’s 

spouse; 

7. A contractor, subcontractor, and/or 

consultant or advisor (including any 

agent, employee, partner, director, or 

principal of any of the foregoing) who 

performed services for or on behalf of 

HUD in connection with the sale; 

8. An individual or entity that 

knowingly acquired or will acquire 

prior to the sale date material nonpublic information, other than that 

information which is made available to 

Bidder by HUD pursuant to the terms of 

this Qualification Statement, about 

mortgage loans offered in the sale; 

9. An individual or entity which 

knowingly employs or uses the services 

of an employee of HUD’s Office of 

Housing (other than in such employee’s 

official capacity); or 

10. An individual or entity that 

knowingly uses the services, directly or 

indirectly, of any person or entity 

ineligible under 1 through 10 to assist 

in preparing any of its bids on the 

mortgage loans. 

The Qualification Statement has 

additional representations and 

warranties which the prospective bidder 

must make, including but not limited to 

the representation and warranty that the 

prospective bidder or its Related 

Entities are not and will not knowingly 

use the services, directly or indirectly, 

of any person or entity that is, any of the 

following (and to the extent that any 

such individual or entity would prevent 

the prospective bidder from making the 

following representations, such 

individual or entity has been removed 

from participation in all activities 

related to this sale and has no ability to 

influence or control individuals 

involved in formation of a bid for this 

sale): 


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Federal Register / Vol. 89, No. 208 / Monday, October 28, 2024 / Notices 85555 

(1) An entity or individual is 

ineligible to bid on any included reverse 

mortgage loan or on the pool containing 

such reverse mortgage loan because it is 

an entity or individual that: 

(a) Serviced or held such reverse 

mortgage loan at any time during the 

six-month period prior to the bid, or 

(b) Is any principal of any entity or 

individual described in the preceding 

sentence; 

(c) Any employee or subcontractor of 

such entity or individual during that 

six-month period; or 

(d) Any entity or individual that 

employs or uses the services of any 

other entity or individual described in 

this paragraph in preparing its bid on 

such reverse mortgage loan. 

In addition, for those eligible bidders 

seeking to be awarded mortgage loans 

on a priority basis and signing the 

Housing Mission Supplemental 

Certification, each prospective bidder 

must provide documentation and certify 

that its charitable or government 

purpose has a qualifying housing 

mission and that its participation in the 

sale is a furtherance of that housing 

mission. 

Freedom of Information Act Requests 

HUD reserves the right, in its sole and 

absolute discretion, to disclose 

information regarding HNVLS 2025–1, 

including, but not limited to, the 

identity of any successful qualified 

bidder and its bid price or bid 

percentage for any pool of loans or 

individual loan, upon the closing of the 

sale of all the mortgage loans. Even if 

HUD elects not to publicly disclose any 

information relating to HNVLS 2025–1, 

HUD will disclose any information that 

HUD is obligated to disclose pursuant to 

the Freedom of Information Act and all 

regulations promulgated thereunder. 

Scope of Notice 

This notice applies to HNVLS 2025– 

1 and does not establish HUD’s policy 

for the sale of other mortgage loans. 

Julia R. Gordon, 

Assistant Secretary for Housing—FHA 

Commissioner. 

[FR Doc. 2024–24994 Filed 10–25–24; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF THE INTERIOR 

Fish and Wildlife Service 

[Docket No. FWS–HQ–IA–2024–0162; 

FXIA16710900000–245–FF09A30000] 

Emergency Exemption: Issuance of 

Emergency Permit To Import 

Endangered Species 

AGENCY: Fish and Wildlife Service, 

Interior. 

ACTION: Notice of issuance of permit. 

SUMMARY: We, the U.S. Fish and 

Wildlife Service, have waived the 30- 

day public notice period and have 

issued an endangered species permit for 

the import and release into the wild of 

one loggerhead sea turtle (Caretta 

caretta), which was rescued from the 

wild in Canada, for the purpose of 

enhancing the propagation or survival of 

the species. This permit is for a single 

import. 

ADDRESSES: You may obtain materials 

pertaining to the permit application by 

submitting a Freedom of Information 

Act (FOIA) request to the Service’s 

FOIA office at https://www.doi.gov/foia/ 

foia-request-form. 

FOR FURTHER INFORMATION CONTACT: 

Brenda Tapia, by phone at 703–358– 

2104 or via email at DMAFR@fws.gov. 

Individuals in the United States who are 

deaf, blind, hard of hearing, or have a 

speech disability may dial 711 (TTY, 

TDD, or TeleBraille) to access 

telecommunications relay services. 

Individuals outside the United States 

should use the relay services offered 

within their country to make 

international calls to the point-ofcontact in the United States. 

SUPPLEMENTARY INFORMATION: We, the 

U.S. Fish and Wildlife Service (Service), 

have issued an emergency permit to 

conduct certain activities with an 

endangered loggerhead sea turtle 

(Caretta caretta), in response to a permit 

application that we received under the 

authority of section 10(a)(1)(A) of the 

Endangered Species Act of 1973 (ESA; 

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

We issued the requested permit 

subject to certain conditions set forth in 

the permit. For the application, we 

found that (1) the application was filed 

in good faith, (2) the granted permit 

would not operate to the disadvantage 

of the endangered species, and (3) the 

granted permit would be consistent with 

the purposes and policy set forth in 

section 2 of the ESA. 

PERMIT ISSUED UNDER EMERGENCY EXEMPTION

Permit No. Applicant Permit issuance date 

PER11660838 ................................................... SeaWorld California, San Diego, CA ............... October 4, 2024.

SeaWorld California, of San Diego, 

California, requested a permit to import 

a female loggerhead sea turtle from the 

Vancouver Aquarium in British 

Columbia, Canada. The turtle was 

rescued by the Stranding Network and 

taken to the Vancouver Aquarium for 

rehabilitation. SeaWorld has imported 

the turtle and, after rehabilitation, will 

release the turtle into the wild. The 

Service determined that an emergency 

affecting the viability of the turtle 

existed, and that no reasonable 

alternative was available to the 

applicant. 

On October 4, 2024, the Service 

issued permit no. PER11660838 to 

SeaWorld California to import a female 

loggerhead sea turtle from the 

Vancouver Aquarium in British 

Columbia, Canada, and release the turtle 

in the wild. 

Authority 

We issue this notice under the 

authority of the Endangered Species Act 

of 1973, as amended (ESA; 16 U.S.C. 

1531 et seq.), and its implementing 

regulations. 

Brenda Tapia, 

Supervisory Program Analyst/Data 

Administrator, Branch of Permits, Division 

of Management Authority. 

[FR Doc. 2024–24965 Filed 10–25–24; 8:45 am] 

BILLING CODE 4333–15–P 

DEPARTMENT OF THE INTERIOR 

Bureau of Indian Affairs 

[245A2100DD/AAKC001030/ 

A0A501010.999900] 

Receipt of Documented Petition for 

Federal Acknowledgment as an 

American Indian Tribe 

AGENCY: Bureau of Indian Affairs, 

Interior. 

ACTION: Notice. 

SUMMARY: The Department of the 

Interior (Department) gives notice that 

the group known as the Tripanick 

Nansemond Family Indian Tribe has 

filed a documented petition for Federal 


lotter on DSK11XQN23PROD with NOTICES1