Federal Register / Vol. 70, No. 172 / Wednesday, September 7, 2005 / Notices 53241 

DATES: Comments Due Date: October 7, 

2005. 

ADDRESSES: Interested persons are 

invited to submit comments regarding 

this proposal. Comments should refer to 

the proposal by name and/or OMB 

approval Number (2502–0305) and 

should be sent to: HUD Desk Officer, 

Office of Management and Budget, New 

Executive Office Building, Washington, 

DC 20503; fax: 202–395–6974. 

FOR FURTHER INFORMATION CONTACT: 

Wayne Eddins, Reports Management 

Officer, AYO, Department of Housing 

and Urban Development, 451 Seventh 

Street, SW., Washington, DC 20410; email Wayne_Eddins@HUD.gov; or 

Lillian Deitzer at 

Lillian_L_Deitzer@HUD.gov or 

telephone (202) 708–2374. This is not a 

toll-free number. Copies of available 

documents submitted to OMB may be 

obtained from Mr. Eddins or Ms Deitzer 

or from HUD’s Web site at http:// 

hlannwp031.hud.gov/po/i/icbts/ 

collectionsearch.cfm. 

SUPPLEMENTARY INFORMATION: This 

notice informs the public that the 

Department of Housing and Urban 

Development has submitted to OMB a 

request for approval of the information 

collection described below. This notice 

is soliciting comments from members of 

the public and affecting agencies 

concerning the proposed collection of 

information to: (1) Evaluate 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) evaluate the 

accuracy of the agency’s estimate of the 

burden of the proposed collection of 

information; (3) enhance the quality, 

utility, and clarity of the information to 

be collected; and (4) 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. 

This notice also lists the following 

information: 

Title of Proposal: Management 

Certifications and Management Entity 

Profile. 

OMB Approval Number: 2502–0305. 

Form Numbers: HUD–9832, HUD–

98339–A, HUD–98339B, HUD–9839C. 

Description of the Need for the 

Information and Its Proposed Use: 

Owners of insured and assisted 

multifamily housing projects are 

required by HUD to submit certain data 

for review and approval of a new 

management agent. 

Frequency of Submission: On 

Occasion. 

Number of 

respondents × Annual responses × Hours per response = Burden hours 

Reporting Burden ...................................................................... 8,200 1 0.43 3,550 

Total Estimated Burden Hours: 3,550. 

Status: Extension of a currently 

approved collection. 

Authority: Section 3507 of the Paperwork 

Reduction Act of 1995, 44 U.S.C. 35, as 

amended. 

Dated: August 25, 2005. 

Wayne Eddins, 

Departmental Paperwork Reduction Act 

Officer, Office of the Chief Information 

Officer. 

[FR Doc. E5–4846 Filed 9–6–05; 8:45 am] 

BILLING CODE 4210–72–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–4917–N–05] 

Mortgage and Loan Insurance 

Programs Under the National Housing 

Act—Debenture Interest Rates 

AGENCY: Office of the Assistant 

Secretary for Housing—Federal Housing 

Commissioner, 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 (FHA) 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, 2005, is 47⁄8

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, 2005, is 41⁄2 percent. However, as 

a result of a recent amendment to 

section 224 of the Act, if an insurance 

claim relating to a mortgage insured 

under sections 203 or 234 of the Act and 

endorsed for insurance after January 23, 

2004, is paid in cash, the debenture 

interest rate for purposes of calculating 

a claim shall 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. 

FOR FURTHER INFORMATION CONTACT: L. 

Richard Keyser, Department of Housing 

and Urban Development, 451 Seventh 

Street, SW., Room 2232, Washington, 

DC 20410–8000; telephone 202–755–

7500 (this is not a toll-free number). 

Individuals with speech or hearing 

impairments may access this number 

through TTY by calling the toll-free 

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 

53242 Federal Register / Vol. 70, No. 172 / Wednesday, September 7, 2005 / Notices 

statutory maximum interest rate for the 

period beginning July 1, 2005, is 41⁄2

percent; and (2) has approved the 

establishment of the debenture interest 

rate by the Secretary of HUD at 41⁄2

percent for the 6-month period 

beginning July 1, 2005. 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 latter 6 months of 2005. 

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. 

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

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

Effective 

interest 

rate 

On or after Prior to 

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

Section 215 of Title II of Division G 

of the Consolidated Appropriations Act, 

2004 (Pub. L. 108–199, approved 

January 23, 2004) amended section 224 

of the Act, to change the debenture 

interest rate for purposes of calculating 

certain insurance claim payments made 

in cash. Therefore, effective 

immediately, 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 FHA is in the process of making 

conforming amendments to applicable 

regulations to fully implement this 

recent change to section 224 of the Act. 

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, 2005, is 47⁄8

percent. 

HUD expects to publish its next 

notice of change in debenture interest 

rates in January 2006. 

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: August 26, 2005. 

Brian D. Montgomery, 

Assistant Secretary for Housing—Federal 

Housing Commissioner. 

[FR Doc. 05–17729 Filed 9–6–05; 8:45 am] 

BILLING CODE 4210–27–P 

DEPARTMENT OF THE INTERIOR 

Fish and Wildlife Service 

Safe Harbor Agreement and Receipt of 

Application for an Enhancement of 

Survival Permit Associated With the 

Restoration of Habitat and 

Reintroduction of Utah Prairie Dogs on 

Private Land in Sevier County, UT 

AGENCY: Fish and Wildlife Service, 

Interior. 

ACTION: Notice of availability. 

SUMMARY: Mr. Mitchel Pace (Applicant/ 

Cooperator) has applied to the Fish and 

Wildlife Service (Service) for an 

Enhancement of Survival Permit (ESP) 

for the Utah prairie dog pursuant to 

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

Species Act of 1973 (U.S.C. 1531 et 

seq.), as amended (Act). This permit 

application includes a proposed Safe 

Harbor Agreement (SHA) between the 

Applicant and the Service. The 

proposed SHA and permit would 

become effective upon signature of the 

SHA and would remain in effect for 25 

years. This notice is provided pursuant 

to the National Environmental Policy 

Act (NEPA), section 10 of the Act, and 

the Service’s Safe Harbor Policy (64 FR 

32717). The Service requests 

information, views, and opinions from 

the public via this notice. Further, the 

Service is soliciting information 

regarding the adequacy of the SHA as 

measured against the Service’s Safe 

Harbor Policy and the regulations that 

implement it. 

DATES: Written comments on the permit 

application must be received on or 

before October 7, 2005. 

ADDRESSES: Persons wishing to review 

the proposed SHA and the permit 

application may obtain copies by 

writing the Service’s Mountain-Prairie 

Regional Office, Denver, Colorado. 

Documents also will be available for 

public inspection during normal 

business hours at the Regional Office, 

U.S. Fish and Wildlife Service, 134 

Union Boulevard, Lakewood, Colorado 

80228–1807, or the Utah Field Office, 

U.S. Fish and Wildlife Service, 2369 

West Orton Circle, West Valley City, 

Utah 84119. Written data or comments 

concerning the proposed SHA and/or 

permit application must be submitted to 

the Regional Office and must be in