50370 Federal Register / Vol. 86, No. 171 / Wednesday, September 8, 2021 / Notices 

Comment—Energy Conservation 

Standards for Manufactured 

Housing 

VI. Lunch from 12:30 p.m. to 1:30 p.m. 

VII. Continued Discussion of 

Supplemental Notice of Proposed 

Rulemaking and Request for 

Comments—Energy Conservation 

Standards for Manufactured 

Housing and Prepare Comments/ 

Answers about DOE’s Questions in 

Rulemaking for HUD’s review 

VIII. Public Comment Period—15 

minutes 

IX. Wrap Up—DFO & AO 

X. Adjourn 

Friday, October 8, 2021—10 a.m. to 4 

p.m. ET 

I. Call to Order and Roll Call 

II. Opening Remarks—MHCC Chair & 

Designated Federal Officer (DFO) 

III. Public Comment Period—15 minutes 

IV. Discussion of Department of 

Energy’s Supplemental Notice of 

Proposed Rulemaking and Request 

for Comment—Energy Conservation 

Standards for Manufactured 

Housing and Prepare Comments/ 

Answers about DOE’s Questions in 

Rulemaking for HUD’s review 

V. Lunch from 12:30 p.m. to 1:30 p.m. 

VI. Continued Discussion of 

Supplemental Notice of Proposed 

Rulemaking and Request for 

Comment—Energy Conservation 

Standards for Manufactured 

Housing and Prepare Comments/ 

Answers about DOE’s Questions in 

Rulemaking for HUD’s review 

VII. Public Comment Period—15 

minutes 

VIII. Wrap Up—DFO & AO 

IX. Adjourn 

Wednesday, October 20, 2021—10 a.m. 

to 4 p.m. ET 

I. Call to Order and Roll Call 

II. Opening Remarks—MHCC Chair & 

Designated Federal Officer (DFO) 

III. Public Comment Period—15 minutes 

IV. Discussion of Department of 

Energy’s Supplemental Notice of 

Proposed Rulemaking and Request 

for Comment—Energy Conservation 

Standards for Manufactured 

Housing and Continue to Prepare 

Comments/Answers about DOE’s 

Questions in Rulemaking for HUD’s 

review 

V. Lunch from 12:30 p.m. to 1:30 p.m. 

VI. Continued Discussion of 

Supplemental Notice of Proposed 

Rulemaking and Request for 

Comments—Energy Conservation 

Standards for Manufactured 

Housing Answers about DOE’s 

Questions in Rulemaking for HUD’s 

review 

VII. Public Comment Period—15 

minutes 

VIII. Wrap Up—DFO & AO 

IX. Adjourn 

Lopa Kolluri, 

Principal Deputy Assistant, Secretary for 

Housing. 

[FR Doc. 2021–19495 Filed 9–7–21; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–6245–N–02] 

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 July 1, 2021, 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 

July 1, 2021, is 21⁄4 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 Information 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 July 1, 2021, is 21⁄4

percent; and (2) has approved the 

establishment of the debenture interest 

rate by the Secretary of HUD at 21⁄4

percent for the 6-month period 

beginning July 1, 2021. 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 last 6 months of 2021). 

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. 


jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 171 / Wednesday, September 8, 2021 / Notices 50371 

Effective 

interest 

rate 

on or after prior to 

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. 

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. 

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 July 1, 2021, 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. 2021–19492 Filed 9–7–21; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF THE INTERIOR 

Geological Survey 

[GX21GL00DT7ST00; OMB Control Number 

1028–0087] 

Agency Information Collection 

Activities; Submission to the Office of 

Management and Budget for Review 

and Approval; National Geological and 

Geophysical Data Preservation 

Program (NGGDPP) 

AGENCY: U.S. Geological Survey, 

Interior. 

ACTION: Notice of information collection; 

request for comment. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995, we 

the U.S. Geological Survey (USGS) are 

proposing to renew an information 

collection. 

DATES: Interested persons are invited to 

submit comments on or before October 

8, 2021. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. Please provide a copy 

of your comments to U.S. Geological 

Survey, Information Collections Officer, 

12201 Sunrise Valley Drive MS 159, 

Reston, VA 20192; or by email to gsinfo_collections@usgs.gov. Please 

reference OMB Control Number 1028– 

0087 in the subject line of your 

comments. 

FOR FURTHER INFORMATION CONTACT: To 

request additional information about 

this ICR, contact Michaela Johnson by 

email at mrjohns@usgs.gov, or by 

telephone at (720) 250–8763. 

Individuals who are hearing or speech 

impaired may call the Federal Relay 

Service at 1–800–877–8339 for TTY 

assistance. You may also view the ICR 

at http://www.reginfo.gov/public/do/ 

PRAMain. 

SUPPLEMENTARY INFORMATION: In 

accordance with the PRA and 5 CFR 


jbell on DSKJLSW7X2PROD with NOTICES