3364 Federal Register / Vol. 83, No. 16 / Wednesday, January 24, 2018 / Notices 

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, 2018, is 23⁄4

percent; and (2) has approved the 

establishment of the debenture interest 

rate by the Secretary of HUD at 23⁄4

percent for the 6-month period 

beginning January 1, 2018. 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 2018. 

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 

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 

Effective interest 

rate On or after Prior to 

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 

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). 

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, 2018, is 23⁄8

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).) 

Dated: January 18, 2018. 

Dana T. Wade, 

General Deputy Assistant Secretary for 

Housing. 

[FR Doc. 2018–01274 Filed 1–23–18; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–6001–N–45] 

60-Day Notice of Proposed Information 

Collection: Multifamily Insurance 

Benefits Claims Package 

AGENCY: Office of the Assistant 

Secretary for Housing—Federal Housing 

Commissioner, HUD. 

ACTION: Notice. 

SUMMARY: HUD is seeking approval from 

the Office of Management and Budget 

(OMB) for the information collection 

described below. In accordance with the 

Paperwork Reduction Act, HUD is 

requesting comment from all interested 

parties on the proposed collection of 

information. The purpose of this notice 

is to allow for 60 days of public 

comment. 

DATES: Comments Due Date: March 26, 

2018. 

ADDRESSES: Interested persons are 

invited to submit comments regarding 

this proposal. Comments should refer to 

the proposal by name and/or OMB 

Control Number and should be sent to: 

Colette Pollard, Reports Management 

Officer, QDAM, Department of Housing 

and Urban Development, 451 7th Street 

SW, Room 4176, Washington, DC 

20410–5000; telephone 202–402–3400 

(this is not a toll-free number) or email 

at Colette.Pollard@hud.gov for a copy of 

the proposed forms or other available 

information. Persons with hearing or 

speech impairments may access this 

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

8339. 


daltland on DSKBBV9HB2PROD with NOTICES
Federal Register / Vol. 83, No. 16 / Wednesday, January 24, 2018 / Notices 3365 

FOR FURTHER INFORMATION CONTACT: 

Alabama Brumskine, Accountant, 

Multifamily Claims Branch, Department 

of Housing and Urban Development, 

451 7th Street SW, Washington, DC 

20410; email Alabama.J.Brumskine@

hud.gov or telephone 202–402–3472. 

(This is not a toll-free number). Persons 

with hearing or speech impairments 

may access this number through TTY by 

calling the toll-free Federal Relay 

Service at (800) 877–8339. Copies of 

available documents submitted to OMB 

may be obtained from Ms. Pollard. 

SUPPLEMENTARY INFORMATION: This 

notice informs the public that HUD is 

seeking approval from OMB for the 

information collection described in 

Section A. 

A. Overview of Information Collection 

Title of Information Collection: 

Multifamily Insurance Benefits Claims 

Package. 

OMB Approval Number: 2502–0418. 

Type of Request: Revision of currently 

approved collection. 

Form Number: HUD–2741, HUD– 

2742, HUD–2744–A, HUD–2744–B, 

HUD–2744–C, HUD–2744–D, HUD– 

2744–E, HUD–434, HUD–1044–D. 

Description of the need for the 

information and proposed use: A lender 

with an insured multifamily mortgage 

pays an annual insurance premium to 

the Department. When and if the 

mortgage goes into default, the lender 

may elect to file a claim for FHA 

multifamily insurance benefits with the 

Department. HUD needs this 

information to determine if FHA 

multifamily insurance claims submitted 

to HUD are accurate, valid and support 

payment of an FHA multifamily 

insurance claim. 

Respondents (i.e. affected public): 

Business or other for profit entities, nonprofit entities, and government agencies. 

Estimated Number of Respondents: 

110. 

Estimated Number of Responses: 110. 

Frequency of Response: Occasion. 

Average Hours per Response: 4.25. 

Total Estimated Burden: 467.50. 

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. 

Dated: January 5, 2018. 

Dana T. Wade, 

General Deputy Assistant Secretary for 

Housing. 

[FR Doc. 2018–01272 Filed 1–23–18; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF THE INTERIOR 

Bureau of Land Management 

[18X LLIDB00100 L17110000.PH0000 

LXSS024D0000 4500117344] 

Notice of Public Meetings, Boise 

District Resource Advisory Council, 

Idaho 

AGENCY: Bureau of Land Management, 

Interior. 

ACTION: Notice of public meetings. 

SUMMARY: In accordance with the 

Federal Land Policy and Management 

Act of 1976 and the Federal Advisory 

Committee Act of 1972, the U.S. 

Department of the Interior, Bureau of 

Land Management (BLM) Boise District 

Resource Advisory Council (RAC) will 

meet as indicated below. 

DATES: The Boise District RAC will meet 

on February 22, 2018, and April 4, 2018. 

The meetings will begin at 9:00 a.m. and 

end no later than 4:00 p.m. Periods for 

public comment will take place from 

11:00 a.m. to 11:30 a.m. for both 

meetings. 

ADDRESSES: The Boise District RAC will 

meet at the BLM Boise District Office, 

3948 Development Avenue, Boise, Idaho 

83705. 

FOR FURTHER INFORMATION CONTACT: 

Michael Williamson, BLM Boise 

District, Idaho, 3948 Development 

Avenue, Boise, Idaho 83705, (208) 384– 

3393, email mwilliamson@blm.gov. 

Persons who use a telecommunications 

device for the deaf (TDD) may contact 

Mr. Williamson by calling the Federal 

Relay Service (FRS) at (800) 877–8339. 

The FRS is available 24 hours a day, 7 

days a week, to leave a message or 

question with Mr. Williamson. You will 

receive a reply during normal business 

hours. 

SUPPLEMENTARY INFORMATION: The 15- 

member RAC advises the Secretary of 

the Interior, through the BLM, on a 

variety of planning and management 

issues associated with public land 

management in Idaho. During the 

February 22, 2018, meeting, the Boise 

District RAC will discuss a review of the 

draft for the Four Rivers Field Office 

Resource Management Plan including 

any need for follow-up, and receive 

updates on the Wild Horse and Burro 

program, travel management planning, 

Soda Fire rehabilitation, Tri-State fuel 

break project, and other field office 

updates. Additional topics may be 

added and will be included in local 

media announcements. During the April 

4, 2018, meeting, the Boise District RAC 

will receive updates on the Wild Horse 

and Burro program, travel management 

planning, Fire program, Soda Fire 

rehabilitation, Tri-State and Soda fuel 

break projects, and other field office 

updates. Additional topics may be 

added and will be included in local 

media announcements. 

RAC meetings are open to the public. 

The public may present written 

comments to the Council at the address 

provided above. Each formal Council 

meeting will also have time allocated for 

hearing public comments. Depending on 

the number of persons wishing to 

comment and time available, the time 

for individual oral comments may be 

limited. Before including your address, 

phone number, email address, or other 

personal identifying information in your 

comments, please be aware that your 

entire comment, including your 

personal identifying information, may 

be made publicly available at any time. 

While you can ask us in your comment 

to withhold your personal identifying 

information from public review, we 

cannot guarantee that we will be able to 

do so. Individuals who plan to attend 

and need special assistance, such as 

sign language interpretation, tour 

transportation or other reasonable 

accommodations, should contact the 

BLM as provided above. 

Authority: 43 CFR 1784.4–2. 

Lara Douglas, 

BLM Boise District Manager. 

[FR Doc. 2018–01309 Filed 1–23–18; 8:45 am] 

BILLING CODE 4310–AK–P 


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