14280 Federal Register / Vol. 87, No. 49 / Monday, March 14, 2022 / Notices 

Proposed Changes 

1. New ACE Account Type 

CBP is creating a new ACE Account 

type for ACE Import Trade Carriers and 

their designees. This new account type, 

Vessel Agency, enables users to file 

vessel entrance, clearance, and related 

data to CBP electronically through the 

new Vessel Entrance and Clearance 

System (VECS). 

The ACE Account Application will be 

changed to collect identifying 

information such as name, employer 

identification number (EIN), company 

address, and phone numbers, to be used 

to setup the Vessel Agency accounts. 

Users who create a Vessel Agency 

Account are automatically enrolled into 

the VECS public pilot. 

2. Removing ACE Account Types 

In a separate action, unrelated to the 

Vessel Agency account type creation, 

CBP will also be removing account 

types ‘‘Cartman’’ and ‘‘Lighterman’’ 

from the ACE Account Application. 

These account types were never used 

and are being removed due to that lack 

of use. 

Type of Information Collection: 

Application to ACE (Import). 

Estimated Number of Respondents: 

21,571. 

Estimated Number of Annual 

Responses per Respondent: 1. 

Estimated Number of Total Annual 

Responses: 21,571. 

Estimated Time per Response: 20 

minutes (0.33 hours). 

Estimated Total Annual Burden 

Hours: 7,118. 

Type of Information Collection: 

Application to ACE (Export). 

Estimated Number of Respondents: 

9,000. 

Estimated Number of Annual 

Responses per Respondent: 1. 

Estimated Number of Total Annual 

Responses: 9,000. 

Estimated Time per Response: 4 

minutes (0.066 hours). 

Estimated Total Annual Burden 

Hours: 594. 

Type of Information Collection: 

Application to Establish an ACE Protest 

Filer Account. 

Estimated Number of Respondents: 

3,750. 

Estimated Number of Annual 

Responses per Respondent: 1. 

Estimated Number of Total Annual 

Responses: 3,750. 

Estimated Time per Response: 4 

minutes (0.066 hours). 

Estimated Total Annual Burden 

Hours: 248. 

Dated: March 9, 2022. 

Seth D. Renkema, 

Branch Chief, Economic Impact Analysis 

Branch, U.S. Customs and Border Protection. 

[FR Doc. 2022–05288 Filed 3–11–22; 8:45 am] 

BILLING CODE 9111–14–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–6312–N–01] 

Mortgage and Loan Insurance 

Programs Under the National Housing 

Act—Debenture Interest Rates 

AGENCY: Office of the Assistant 

Secretary for Housing, HUD. 

ACTION: Notice. 

SUMMARY: 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 Administration 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, 2022, is 11⁄2

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, 2022, is 17⁄8 percent. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth Olazabal, Department of 

Housing and Urban Development, 451 

Seventh Street SW, Room 5146, 

Washington, DC 20410–8000; telephone 

(202) 402–4608 (this is not a toll-free 

number). Individuals with speech or 

hearing impairments may access this 

number through TTY by calling the tollfree Federal Relay Service at (800) 877– 

8339. 

SUPPLEMENTARY INFORMATION: Section 

224 of the National Housing Act (12 

U.S.C. 1715o) provides that debentures 

issued under the Act with respect to an 

insured loan or mortgage (except for 

debentures issued pursuant to section 

221(g)(4) of the Act) will bear interest at 

the rate in effect on the date the 

commitment to insure the loan or 

mortgage was issued, or the date the 

loan or mortgage was endorsed (or 

initially endorsed if there are two or 

more endorsements) for insurance, 

whichever rate is higher. This provision 

is implemented in HUD’s regulations at 

24 CFR 203.405, 203.479, 207.259(e)(6), 

and 220.830. These regulatory 

provisions state that the applicable rates 

of interest will be published twice each 

year as a notice in the Federal Register. 

Section 224 further provides that the 

interest rate on these debentures will be 

set from time to time by the Secretary 

of HUD, with the approval of the 

Secretary of the Treasury, in an amount 

not in excess of the annual interest rate 

determined by the Secretary of the 

Treasury pursuant to a statutory formula 

based on the average yield of all 

outstanding marketable Treasury 

obligations of maturities of 15 or more 

years. 

The Secretary of the Treasury (1) has 

determined, in accordance with the 

provisions of section 224, that the 

statutory maximum interest rate for the 

period beginning January 1, 2022, is 17⁄8

percent; and (2) has approved the 

establishment of the debenture interest 

rate by the Secretary of HUD at 17⁄8

percent for the 6-month period 

beginning January 1, 2022. This interest 

rate will be the rate borne by debentures 

issued with respect to any insured loan 

or mortgage (except for debentures 

issued pursuant to section 221(g)(4)) 

with insurance commitment or 

endorsement date (as applicable) within 

the first 6 months of 2022). 

For convenience of reference, HUD is 

publishing the following chart of 

debenture interest rates applicable to 

mortgages committed or endorsed since 

January 1, 1980: 

Effective 

interest 

rate 

On or after Prior to 

91⁄2 ............. Jan. 1, 1980 ... July 1, 1980. 

97⁄8 ............. July 1, 1980 .... Jan. 1, 1981. 

113⁄4 ........... Jan. 1, 1981 .... July 1, 1981. 

127⁄8 ........... July 1, 1981 .... Jan. 1, 1982. 

123⁄4 ........... Jan. 1, 1982 .... Jan. 1, 1983. 

101⁄4 ........... Jan. 1, 1983 .... July 1, 1983. 

103⁄8 ........... July 1, 1983 .... Jan. 1, 1984. 

111⁄2 ........... Jan. 1, 1984 .... July 1, 1984. 

133⁄8 ........... July 1, 1984 .... Jan. 1, 1985. 

115⁄8 ........... Jan. 1, 1985 .... July 1, 1985. 

111⁄8 ........... July 1, 1985 .... Jan. 1, 1986. 

101⁄4 ........... Jan. 1, 1986 .... July 1, 1986. 

81⁄4 ............. July 1, 1986 .... Jan. 1. 1987. 

8 ................. Jan. 1, 1987 ... July 1, 1987. 

9 ................. July 1, 1987 .... Jan. 1, 1988. 

91⁄8 ............. Jan. 1, 1988 ... July 1, 1988. 

93⁄8 ............. July 1, 1988 .... Jan. 1, 1989. 

91⁄4 ............. Jan. 1, 1989 ... July 1, 1989. 

9 ................. July 1, 1989 .... Jan. 1, 1990. 

81⁄8 ............. Jan. 1, 1990 ... July 1, 1990. 

9 ................. July 1, 1990 .... Jan. 1, 1991. 

83⁄4 ............. Jan. 1, 1991 ... July 1, 1991. 

81⁄2 ............. July 1, 1991 .... Jan. 1, 1992. 

8 ................. Jan. 1, 1992 ... July 1, 1992. 

8 ................. July 1, 1992 .... Jan. 1, 1993. 

73⁄4 ............. Jan. 1, 1993 ... July 1, 1993. 


jspears on DSK121TN23PROD with NOTICES1
Federal Register / Vol. 87, No. 49 / Monday, March 14, 2022 / Notices 14281 

Effective 

interest 

rate 

On or after Prior to 

7 ................. July 1, 1993 .... Jan. 1, 1994. 

65⁄8 ............. Jan. 1, 1994 ... July 1, 1994. 

73⁄4 ............. July 1, 1994 .... Jan. 1, 1995. 

83⁄8 ............. Jan. 1, 1995 ... July 1, 1995. 

71⁄4 ............. July 1, 1995 .... Jan. 1, 1996. 

61⁄2 ............. Jan. 1, 1996 ... July 1, 1996. 

71⁄4 ............. July 1, 1996 .... Jan. 1, 1997. 

63⁄4 ............. Jan. 1, 1997 ... July 1, 1997. 

71⁄8 ............. July 1, 1997 .... Jan. 1, 1998. 

63⁄8 ............. Jan. 1, 1998 ... July 1, 1998. 

61⁄8 ............. July 1, 1998 .... Jan. 1, 1999. 

51⁄2 ............. Jan. 1, 1999 ... July 1, 1999. 

61⁄8 ............. July 1, 1999 .... Jan. 1, 2000. 

61⁄2 ............. Jan. 1, 2000 ... July 1, 2000. 

61⁄2 ............. July 1, 2000 .... Jan. 1, 2001. 

6 ................. Jan. 1, 2001 ... July 1, 2001. 

57⁄8 ............. July 1, 2001 .... Jan. 1, 2002. 

51⁄4 ............. Jan. 1, 2002 ... July 1, 2002. 

53⁄4 ............. July 1, 2002 .... Jan. 1, 2003. 

5 ................. Jan. 1, 2003 ... July 1, 2003. 

41⁄2 ............. July 1, 2003 .... Jan. 1, 2004. 

51⁄8 ............. Jan. 1, 2004 ... July 1, 2004. 

51⁄2 ............. July 1, 2004 .... Jan. 1, 2005. 

47⁄8 ............. Jan. 1, 2005 ... July 1, 2005. 

41⁄2 ............. July 1, 2005 .... Jan. 1, 2006. 

47⁄8 ............. Jan. 1, 2006 ... July 1, 2006. 

53⁄8 ............. July 1, 2006 .... Jan. 1, 2007. 

43⁄4 ............. Jan. 1, 2007 ... July 1, 2007. 

5 ................. July 1, 2007 .... Jan. 1, 2008. 

41⁄2 ............. Jan. 1, 2008 ... July 1, 2008. 

45⁄8 ............. July 1, 2008 .... Jan. 1, 2009. 

41⁄8 ............. Jan. 1, 2009 ... July 1, 2009. 

41⁄8 ............. July 1, 2009 .... Jan. 1, 2010. 

41⁄4 ............. Jan. 1, 2010 ... July 1, 2010. 

41⁄8 ............. July 1, 2010 .... Jan. 1, 2011. 

37⁄8 ............. Jan. 1, 2011 ... July 1, 2011. 

41⁄8 ............. July 1, 2011 .... Jan. 1, 2012. 

27⁄8 ............. Jan. 1, 2012 ... July 1, 2012. 

23⁄4 ............. July 1, 2012 .... Jan. 1, 2013. 

21⁄2 ............. Jan. 1, 2013 ... July 1, 2013. 

27⁄8 ............. July 1, 2013 .... Jan. 1, 2014. 

35⁄8 ............. Jan. 1, 2014 ... July 1, 2014. 

31⁄4 ............. July 1, 2014 .... Jan. 1, 2015. 

3 ................. Jan. 1, 2015 ... July 1, 2015. 

27⁄8 ............. July 1, 2015 .... Jan. 1, 2016. 

27⁄8 ............. Jan. 1, 2016 ... July 1, 2016. 

21⁄2 ............. July 1, 2016 .... Jan. 1, 2017. 

23⁄4 ............. Jan. 1, 2017 ... July 1, 2017. 

27⁄8 ............. July 1, 2017 .... Jan. 1, 2018. 

23⁄4 ............. Jan. 1, 2018 ... July 1, 2018. 

31⁄8 ............. July 1, 2018 .... Jan. 1, 2019. 

33⁄8 ............. Jan. 1, 2019 ... July 1, 2019. 

23⁄4 ............. July 1, 2019 .... Jan. 1, 2020. 

21⁄4 ............. Jan. 1, 2020 ... July 1, 2020. 

11⁄4 ............. July 1, 2020 .... Jan. 1, 2021. 

13⁄8 ............. Jan. 1, 2021 ... July 1, 2021. 

21⁄4 ............. July, 1 2021 .... Jan. 1, 2022. 

17⁄8 ............. Jan. 1, 2022 ... July 1, 2022. 

Section 215 of Division G, Title II of 

Public Law 108–199, enacted January 

23, 2004 (HUD’s 2004 Appropriations 

Act) amended section 224 of the Act, to 

change the debenture interest rate for 

purposes of calculating certain 

insurance claim payments made in cash. 

Therefore, for all claims paid in cash on 

mortgages insured under section 203 or 

234 of the National Housing Act and 

endorsed for insurance after January 23, 

2004, the debenture interest rate will 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, as found 

in Federal Reserve Statistical Release H– 

15. The Federal Housing Administration 

has codified this provision in HUD 

regulations at 24 CFR 203.405(b) and 24 

CFR 203.479(b). 

Similarly, section 520(a) of the 

National Housing Act (12 U.S.C. 1735d) 

provides for the payment of an 

insurance claim in cash on a mortgage 

or loan insured under any section of the 

National Housing Act before or after the 

enactment of the Housing and Urban 

Development Act of 1965. The amount 

of such payment shall be equivalent to 

the face amount of the debentures that 

would otherwise be issued, plus an 

amount equivalent to the interest which 

the debentures would have earned, 

computed to a date to be established 

pursuant to regulations issued by the 

Secretary. The implementing HUD 

regulations for multifamily insured 

mortgages at 24 CFR 207.259(e)(1) and 

(e)(6), when read together, provide that 

debenture interest on a multifamily 

insurance claim that is paid in cash is 

paid from the date of the loan default at 

the debenture rate in effect at the time 

of commitment or endorsement (or 

initial endorsement if there are two or 

more endorsements) of the loan, 

whichever is higher. 

Section 221(g)(4) of the Act provides 

that debentures issued pursuant to that 

paragraph (with respect to the 

assignment of an insured mortgage to 

the Secretary) will bear interest at the 

‘‘going Federal rate’’ in effect at the time 

the debentures are issued. The term 

‘‘going Federal rate’’ is defined to mean 

the interest rate that the Secretary of the 

Treasury determines, pursuant to a 

statutory formula based on the average 

yield on all outstanding marketable 

Treasury obligations of 8- to 12-year 

maturities, for the 6-month periods of 

January through June and July through 

December of each year. Section 221(g)(4) 

is implemented in the HUD regulations 

at 24 CFR 221.255 and 24 CFR 221.790. 

The Secretary of the Treasury has 

determined that the interest rate to be 

borne by debentures issued pursuant to 

section 221(g)(4) during the 6-month 

period beginning January 1, 2022, is 11⁄2

percent. The subject matter of this 

notice falls within the categorical 

exemption from HUD’s environmental 

clearance procedures set forth in 24 CFR 

50.19(c)(6). For that reason, no 

environmental finding has been 

prepared for this notice. 

(Authority: Sections 211, 221, 224, National 

Housing Act, 12 U.S.C. 1715b, 1715l, 1715o; 

Section 7(d), Department of HUD Act, 42 

U.S.C. 3535(d).) 

Lopa P. Kolluri, 

Principal Deputy Assistant Secretary, Office 

of Housing-Federal Housing Administration. 

[FR Doc. 2022–05307 Filed 3–11–22; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF THE INTERIOR 

Bureau of Indian Affairs 

[223A2100DD/AAKC001030/ 

A0A501010.999900] 

Metlakatla Indian Community, Annette 

Islands Reserve; Alcohol Control 

Ordinance 

AGENCY: Bureau of Indian Affairs, 

Interior. 

ACTION: Notice. 

SUMMARY: This notice publishes the 

Alcohol Control Ordinance of the 

Metlakatla Indian Community, Annette 

Islands Reserve. The Alcohol Control 

Ordinance is to regulate and control the 

possession, sale, manufacture, and 

distribution of alcohol in conformity 

with the laws of the State of Alaska for 

the purpose of generating new Tribal 

revenues. Enactment of this statute will 

help provide a source of revenue to 

strengthen Tribal government, provide 

for the economic viability of Tribal 

enterprises, and improve delivery of 

Tribal government services. 

DATES: This code shall become effective 

March 14, 2022. 

FOR FURTHER INFORMATION CONTACT: Mr. 

Greg Norton, Tribal Government 

Specialist, Northwest Regional Office, 

Bureau of Indian Affairs, 911 Northeast 

11th Avenue, Portland, Oregon 97232, 

Telephone: (503) 231–6702, Fax: (503) 

231–2201. 

SUPPLEMENTARY INFORMATION: Pursuant 

to the Act of August 15, 1953, Public 

Law 83–277, 67 stat. 586, 18 U.S.C. 

1161, as interpreted by the Supreme 

Court in Rice v. Rehner, 463 U.S. 713 

(1983), the Secretary of the Interior shall 

certify and publish in the Federal 

Register notice of adopted liquor 

ordinances for the purpose of regulating 

liquor transactions in Indian country. 

The Metlakatla Indian Community 

Council duly adopted the Metlakatla 

Indian Community, Annette Islands 

Reserve Alcohol Control Ordinance via 

Resolution 21–57 on November 23, 

2021. 

This notice is published in 

accordance with the authority delegated 

by the Secretary of the Interior to the 


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