Federal Register / Vol. 60, No. 32 / Thursday, February 16, 1995 / Notices 9043

Funding recipient (Name and

address)

Amount approved

Housing Authority of the

Village of Central,

P.O. Box 275, Central,

NM 88026. ................. 2,166

Total ....................... $3,888,076

[FR Doc. 95–3948 Filed 2–15–95; 8:45 am]

BILLING CODE 4210–33–M

Office of the Assistant Secretary for

Housing-Federal Housing

Commissioner

[Docket No. N–95–3785; FR–3724–N–02]

Interest Rate for the Section 235(r)

Mortgage Insurance Program

AGENCY: Office of the Assistant

Secretary for Housing-Federal Housing

Commissioner, HUD.

ACTION: Notice of change in interest rate.

SUMMARY: This notice announces a

change in the maximum interest rate for

mortgages to be insured under section

235(r) of the National Housing Act. The

section 235(r) maximum interest rate is

to be determined by the Secretary of

HUD and published in the Federal

Register. Mortgage market conditions

now dictate that the Secretary increase

the section 235(r) maximum rate from

8.50 percent to 9.00 percent. There is no

change being made in the maximum

margin of additional percentage points

that may be added to the maximum rate

if the established conditions are met.

Therefore, the maximum for the

premium section 235(r) interest rate will

be 10.50 percent (9.00 percent for the

rate of interest and 1.50 percent for the

margin of additional percentage points).

EFFECTIVE DATE: February 16, 1995.

FOR FURTHER INFORMATION CONTACT: John

N. Dickie, Director, Program Evaluation

Division, room B–133, Department of

Housing and Urban Development, 451

Seventh Street, SW., Washington, DC

20410; telephone (202) 755–7470, Ext.

117; (TDD) (202) 708–4594. (These are

not toll-free numbers.)

SUPPLEMENTARY INFORMATION: Section

235(r) of the National Housing Act (12

U.S.C. 1715z) authorizes the Secretary

to insure mortgages that refinance

existing mortgages insured under

section 235. The purpose of the program

is to reduce the interest rate insured and

assisted under section 235 in order that

the assistance payments the Department

pays on behalf of mortgagors may be

reduced. The regulations implementing

the program are contained in subpart H

of 24 CFR part 235—refinancing of

mortgages under section 235(r).

The interest rate for these loans is set

by the Secretary and published in the

Federal Register as authorized by 24

CFR 235.1202(b)(3). The previous

section 235(r) interest rate of 8.50

percent was published in the Federal

Register on June 17, 1994 (59 FR 31267).

The Department has determined that

market conditions dictate a change in

the section 235(r) interest rate. The

change will take effect on the date of

publication of this notice.

The most recent HUD survey of

Mortgage Market conditions (i.e.,

Secondary Market Prices and Yields), an

OMB-designated Principal Federal

Indicator, found that the dominant

national FHA rate being quoted to

potential homebuyers for ‘‘lock-in’’

commitments of 60 days or more was

9.00 percent on October 1, 1994, with an

average of .78 points, and an effective

interest rate of 9.11 percent.

Most FHA mortgages are funded in

the GNMA mortgage-backed securities

market. There is a 50 basis point spread

between FHA contract interest rates and

GNMA coupon rates (this covers the

GNMA guarantee fee and servicing

cost). On November 14, 1994, the

GNMA 8.00 percent coupon securities

(8.50 percent FHA loans) were priced at

more than 5 points discount. This level

of discount tends to impede FHA loans

to finance home purchases. On the other

hand, the GNMA 8.50 percent security

(9.00 percent FHA loans) was trading in

the two-month forward market at

around two points discount, while the

9.00 percent GNMA coupons (9.50

percent FHA mortgages) continued to

trade at over par (i.e., premium). Under

the FHA negotiated rate/points

provisions a two point discount for 9.00

percent FHA mortgages would not be

burdensome.

Adjusting the section 235(r) rate to

9.00 percent will bring this rate back

into line with the rest of the FHA

current production loans. Therefore, the

maximum rate for section 235(r)

mortgages is 9.00 percent beginning

with the publication date of this notice.

The maximum margin of additional

percentage points that may be added to

the maximum rate under 24 CFR

235.1202(b)(3)(i)(B) will remain at 1.50

percent.

The subject matter of this notice is

categorically excluded from HUD’s

environmental clearance procedures, in

accordance with 24 CFR 50.20(l). For

that reason, no environmental finding

has been prepared for this notice.

Dated: December 9, 1994.

Nicolas P. Retsinas,

Assistant Secretary for Housing-Federal

Housing Commissioner.

[FR Doc. 95–3947 Filed 2–15–95; 8:45 am]

BILLING CODE 4210–27–P

DEPARTMENT OF THE INTERIOR

Fish and Wildlife Service

[PRT–798920]

Receipt of Application(s) for Permit

The following applicant has applied

for a permit to conduct certain activities

with endangered species. This notice is

provided pursuant to Section 10(c) of

the Endangered Species Act of 1973, as

amended (16 U.S.C. 1531, et seq.)

Applicant: S. Lee Stone, Austin Parks &

Recreation Department, Austin, Texas.

The applicant requests a permit to

include take activities for the blackcapped vireo (Vireo atricapillus) for the

purpose of scientific research and

enhancement of propagation and

survival of the species as prescribed by

Service recovery documents.

ADDRESSES: Written data or comments

should be submitted to the Assistant

Regional Director, Ecological Services,

U.S. Fish and Wildlife Service, P.O. Box

1306, Albuquerque, New Mexico 87103,

and must be received by the Assistant

Regional Director within 30 days for the

date of this publication.

Documents and other information

submitted with this application are

available for review, subject to the

requirements of the Privacy Act and

Freedom of Information Act, by any

party who submits a written request for

a copy of such documents to the above

office within 30 days of the date of

publication of this notice. (See

ADDRESSES above.)

Susan MacMullin,

Acting Regional Director, Region 2,

Albuquerque, New Mexico.

[FR Doc. 95–3944 Filed 2–15–95; 8:45 am]

BILLING CODE 4310–55–M

[PRT–798823]

Receipt of Application(s) for Permit

The following applicant has applied

for a permit to conduct certain activities

with endangered species. This notice is

provided pursuant to Section 10(c) of

the Endangered Species Act of 1973, as

amended (16 U.S.C., Et. Seq.).

Applicant: Dr. Robert Hershler, Smithsonian

Institution, Washington, DC.
9044 Federal Register / Vol. 60, No. 32 / Thursday, February 16, 1995 / Notices

The applicant requests a permit to

include take activities for the Alamosa

springsnial (Tryonia alamosae) for the

purpose of scientific research and

enhancement of propagation and

survival of the species as prescribed by

Service recovery documents.

ADDRESSES: Written data or comments

should be submitted to the Assistant

Regional Director, Ecological Services,

U.S. Fish and Wildlife Service, P.O. Box

1306, Albuquerque, New Mexico 87103,

and must be received by the Assistant

Regional Director within 30 days from

the date of this publication.

Documents and other information

submitted with this application are

available for new review, subject to the

requirements of the Privacy Act and

Freedom of Information Act, by any

party who submits a written request for

a copy of such documents to the above

office within 30 days of the date of

publication of this notice. (See

ADDRESSES above.)

Susan MacMullin,

Acting Regional Director, Region 2.

[FR Doc. 95–3945 Filed 2–15–95; 8:45 am]

BILLING CODE 4310–55–M

Bureau of Land Management

[NM–070–05–1220–00]

Notice of Intent To Prepare a Plan

Amendment/Environmental

Assessment to the Farmington

Resource Management Plan Involving

Off-Highway Vehicle Designations in

the Glade Run Trail System Special

Management Area; Invitation for Public

Participation and Call for Information;

New Mexico

AGENCY: Bureau of Land Management,

Interior.

ACTION: Notice of intent to prepare a

Plan Amendment and invitation for

public involvement.

SUMMARY: The Bureau of Land

Management (BLM), Farmington District

Office is initiating preparation of a Plan

Amendment and Environmental

Assessment (EA) for off-highway vehicle

use in the Glade Run Trail System

Special Management Area north of and

adjacent to Farmington, New Mexico.

The public is invited to participate in

this planning effort with the

identification of additional issues and

planning criteria.

The planning document will be

prepared by an interdisciplinary team of

specialists within the Farmington

District Office. The Proposed Plan

Amendment/EA will be made available

for comment by all those on the mailing

list.

DATES: Written comments relating to the

identification of issues and planning

criteria will be accepted through the

close of business March 20, 1995.

ADDRESSES: Comments and requests to

be included on the mailing list should

be sent to: Mike Pool, District Manager,

Bureau of Land Management,

Farmington District Office; 1235 La

Plata Highway, Farmington, New

Mexico 87401.

FOR FURTHER INFORMATION CONTACT:

Christopher V. Barns at the address

above, or call 505–599–6300.

SUPPLEMENTARY INFORMATION: The Glade

Run Trail System Special Management

Area includes the following public

lands totalling approximately 27,411

acres:

T. 30 N., R. 12 W., NMPM

Sec. 3: Lots 8, 9, 16, 17

Sec. 4: Lots 5–17

Sec. 5: Lots 5–20

Sec. 6: Lots 8–23

Sec. 7: Lots 5–20

Sec. 8: Lots 1–16

Sec. 9: Lots 1–11

Sec. 10: Lots 4, 5, 8, 9

Sec. 15: Lots 1, 2

Sec. 17: Lots 1–16

Sec. 19: Lots 1–3

T. 30 N., R. 13 W., NMPM

Sec. 1: Lots 1–4, S1⁄2N1⁄2, S1⁄2

Sec. 3: Lots 1–4, S1⁄2N1⁄2, S1⁄2

Sec. 4: Lots 1–4, S1⁄2NE1⁄4, SE1⁄4NW1⁄4,

E1⁄2SW1⁄4, SE1⁄4

Sec. 8: NE1⁄4NE1⁄4

Sec. 9: E1⁄2, E1⁄2W1⁄2, NW1⁄4NW1⁄4

Sec. 10: All

Sec. 11: N1⁄2, N1⁄2S1⁄2, S1⁄2SW1⁄4

Sec. 12: All

Sec. 13: E1⁄2, E1⁄2W1⁄2, SW1⁄4NW1⁄4,

W1⁄2SW1⁄4

Sec. 14: NE1⁄4N1⁄2W1⁄4, W1⁄2NW1⁄4,

E1⁄2SW1⁄4, NW1⁄4SW1⁄4, SE1⁄4

Sec. 15: All

Sec. 21: E1⁄2

Sec. 22: N1⁄2, SW1⁄4, N1⁄2SE1⁄4, SW1⁄4SE1⁄4

Sec. 23: E1⁄2, S1⁄2NW1⁄4, SW1⁄4

Sec. 24: All

Sec. 25: N1⁄2, N1⁄2S1⁄2, S1⁄2SE1⁄4

Sec. 26: NW1⁄4NE1⁄4NW1⁄4

Sec. 27: NW1⁄4NW1⁄4SE1⁄4, SE1⁄4SE1⁄4

Sec. 28: W1⁄2SW1⁄4

Sec. 32: E1⁄2NE1⁄4

Sec. 33: N1⁄2NE1⁄4 SW1⁄4NE1⁄4,

N1⁄2SE1⁄4NE1⁄4, NW1⁄4

Sec. 34: NE1⁄4NW1⁄4

T. 31 N., R. 12 W., NMPM

Sec. 7: S1⁄2

Sec. 9: S1⁄2

Sec. 10: SW1⁄4 where south or west of (and

including) SR 574

Sec. 14: Lots 9 and 10 where south of (and

including) SR 574 and west of (and

including) right-of-way NM32047

Sec. 15: Lots 3, 4, and 5 where south or

west of (and including) SR 574, Lots 6–

12, NW1⁄4 where south or west of (and

including) SR 574

Sec. 17: All

Sec. 18: Lots 1–4, E1⁄2, E1⁄2W1⁄2

Sec. 19: Lots, 1, 2, 5–12, NE1⁄4, E1⁄2NW1⁄4

Sec. 20: Lots 1–6, N1⁄2

Sec. 21: NE1⁄4NE1⁄4, S1⁄2NE1⁄4, W1⁄2NW1⁄4,

SE1⁄4SW1⁄4, SE1⁄4

Sec. 22: Lots 1–16

Sec. 27: All

Sec. 28: All

Sec. 29: E1⁄2, N1⁄2NW1⁄4, E1⁄2SW1⁄4

Sec. 30: Lots 5–17

Sec. 31: Lots 5–8, SE1⁄4NE1⁄4, E1⁄2SE1⁄4,

SW1⁄4SE1⁄4

Sec. 33: All

Sec. 34: All west of grazing allotment fence

line

T. 31 N., R. 13 W., NMPM

Sec. 12: All

Sec. 13: All

Sec. 14: SE1⁄4

Sec. 23: E1⁄2, NE1⁄4NW1⁄4, S1⁄2SW1⁄4

Sec. 24: All

Sec. 25: All

Sec. 26: Lots 1–8, NE1⁄4, SW1⁄4

Sec. 27: Lots 1, 2, SE1⁄4SW1⁄4, SE1⁄4

Sec. 33: SE1⁄4NE1⁄4, SE1⁄4SW1⁄4, SE1⁄4

Sec. 34: All

Sec. 35: Lots 1–4, E1⁄2, SW1⁄4

The issues anticipated to be addressed

by this Plan Amendment/EA include

safety, resource protection, and

recreational conflict.

The proposed planning criteria

include:

1. All proposed actions and

alternatives considered must comply

with current laws and Federal

Regulations.

2. The resource allocations of

proposed actions will be made in

accordance with the principles of

‘‘multiple use’’ as defined in the Federal

Land Policy and Management Act of

1976 (FLPMA), Sec. 103(c).

3. The Proposed Plan Amendment

will consider the relative scarcity of the

values invovled and the availability of

alternative means and sites for

realization of those values.

4. This planning process will provide

for public involvement including early

notice and frequent opportunity for

citizens and interested groups and

others to participate in and comment on

the preparation of plans and related

guidance.

Dated: February 6, 1995.

Mike Pool,

District Manager.

[FR Doc. 95–3823 Filed 2–15–95; 8:45 am]

BILLING CODE 4310–FB–M

[UT–069–05–5700–11; UTU–70117]

Availability of Proposed Plan

Amendment and Environmental

Assessment/FONSI on Lands for

Disposal for the San Juan Resource

Area Resource Management Plan, San

Juan County, Utah

AGENCY: Bureau of Land Management,

Interior.