[Federal Register Volume 61, Number 85 (Wednesday, May 1, 1996)]
[Notices]
[Pages 19254-19256]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10711]



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DEPARTMENT OF AGRICULTURE
Rural Housing Service


Notice of Increase in Available Funds and Eligibility for 
Nonprofit and Underserved/Targeted Reserves

AGENCY: Rural Housing Service, USDA.

ACTION: Notice.

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SUMMARY: The Rural Housing Service (RHS) (formerly Farmers Home 
Administration (FmHA)) has increased the Nonprofit reserve from $7.5 
million to $9.9 million and includes co-ventures as eligible applicants 
for the $2.4 million added to this reserve. The Housing Opportunity 
Program Extension Act of 1996 (Pub. L. 104-120), extends Section 
515(w)(1) of the Housing Act of 1949 (42 U.S.C. 1485(w)(1)), through 
September 30, 1996. Co-ventures are included as eligible entities in 
Section 515(w)(1), but were not included in the original 
administratively established nonprofit reserve as required by the 
Housing Opportunity Program Extension Act of 1996. Additionally, the 
Housing Opportunity Program Extension Act of 1996, extends Section 
509(f)(4)(A) of the Housing Act of 1949 (42 U.S.C. 1485(f)(4)(A)), 
through September 30, 1996. The RHS has increased the underserved/
targeted reserve by $4.5 million to allow the 100 most needy counties, 
as determined by the provisions of the Cranston-Gonzalez Affordable 
Housing Act of 1990, to compete for targeted funds. The intended effect 
is public awareness.

FOR FURTHER INFORMATION CONTACT: Cynthia L. Reese-Foxworth, Loan 
Specialist, Rural Rental Housing Branch, Multi-Family Housing 
Processing Division, Rural Housing Service, USDA, AgBox 0781, 
Washington, DC 20250, telephone (202) 720-1604 (this is not a toll free 
number).

[[Page 19255]]

SUPPLEMENTARY INFORMATION:

Programs Affected

    This program is listed in the Catalog of Federal Domestic 
Assistance under Number 10.415, Rural Rental Housing Loans.

Discussion of Notice

    Section 509(f)(4)(A) of the Housing Act of 1949 (42 U.S.C. 
1485(f)(4)(A)) via the Housing Opportunity Program Extension Act of 
1996 establishes a set-aside of 5 percent of the amounts available in 
fiscal year 1996 for underserved/targeted areas. The Section replaces 
language in 7 CFR part 1940, subpart L and allows the 100 most needy 
counties, as determined by the provisions of the Cranston-Gonzalez 
Affordable Housing Act of 1990, to compete for $4.5 million in targeted 
funds. All requests for targeted reserve funds must be forwarded to the 
National Office for competition in the random computerized lottery by 
July 3, 1996. The lottery will be conducted on or after July 5, 1996. 
Any funds remaining in this reserve will be pooled on August 19, 1996. 
The $4.5 million is in addition to the $12 million which was reserved 
earlier in the funding year for targeted areas. The $12 million dollar 
random computerized lottery and announcement of recipients was held in 
January 1996.
    This Notice amends the Notice published on December 12, 1995 (60 FR 
63674), (see page 63676) to allow the 100 most needy counties to 
participate in this set-aside.
    Section 515(w)(1) of the Housing Act of 1949 (42 U.S.C. 1485(w)(1)) 
via the Housing Opportunity Program Extension Act of 1996 establishes a 
set-aside of 9 percent of the amounts available in fiscal year 1996 for 
nonprofit entities. The Section replaces language in 7 CFR part 1940, 
subpart L with respect to co-ventures and allows co-ventures to 
participate in the $2.4 million in this set aside, on a first-come, 
first-served basis. All requests for nonprofit reserve funds must be 
forwarded to the National Office by July 3, 1996. Any funds remaining 
in this reserve will be pooled on August 19, 1996.
    This Notice amends the Notice published on December 12, 1995 (60 FR 
63674), (see pages 63675-76) to increase the set-aside for nonprofit 
applicants from $7.5 million to $9.9 million and to allow co-ventures 
to participate in this set-aside.

         Housing in Underserved Areas, Rural Housing Targeting Set Aside (RHTSA), 100 Eligible Counties         
----------------------------------------------------------------------------------------------------------------
                                                                                          Combined              
                                                                                      percentage sub-           
                    State                                   County name                   standard        Rank  
                                                                                        housing and             
                                                                                          poverty               
----------------------------------------------------------------------------------------------------------------
Palau........................................  Hatobohei State......................           200.00          1
Palau........................................  Ngardmau State.......................           200.00          2
Palau........................................  Sonsorol State.......................           198.36          3
Palau........................................  Ngchesar State.......................           197.91          4
Palau........................................  Kayangel State.......................           196.35          5
Palau........................................  Ngarchelong State....................           196.05          6
American Samoa...............................  Swains Island........................           193.75          7
Palau........................................  Ngatpang State.......................           191.94          8
Palau........................................  Peleliu State........................           191.55          9
Palau........................................  Melekeok State.......................           191.00         10
Palau........................................  Ngiwal State.........................           189.53         11
Palau........................................  Ngaraard State.......................           189.00         12
Palau........................................  Angaur State.........................           188.60         13
Palau........................................  Ngeremlengui State...................           186.72         14
Northern Marianas............................  Nothern Islands Municipality.........           175.00         15
Palau........................................  Aimeliik State.......................           174.80         16
Palau........................................  Airai State..........................           165.98         17
American Samoa...............................  Manu'a District......................           160.23         18
American Samoa...............................  Western District.....................           131.28         19
Puerto Rico..................................  Ponce................................           115.87         20
Puerto Rico..................................  Maricao..............................           112.63         21
South Dakota.................................  Shannon County.......................           111.83         22
Puerto Rico..................................  Penuelas.............................           110.75         23
Alaska.......................................  Wade Hampton Census Area.............           110.21         24
Northern Marianas............................  Tinian Municipality..................           108.04         25
Puerto Rico..................................  Villalba.............................           107.84         26
Texas........................................  Webb County..........................           104.87         27
Puerto Rico..................................  Orocovis.............................           102.99         28
Puerto Rico..................................  Vega Alta............................           100.64         29
Arizona......................................  Apache County........................            99.06         30
Northern Marianas............................  Rota Municipality....................            99.03         31
Puerto Rico..................................  Las Marias...........................            98.96         32
Puerto Rico..................................  Guayanilla...........................            98.22         33
Puerto Rico..................................  Lares................................            98.21         34
Alaska.......................................  Bethel Census Area...................            97.30         35
Puerto Rico..................................  Utuado...............................            97.28         36
Puerto Rico..................................  Guanica..............................            97.23         37
Puerto Rico..................................  Patillas.............................            96.51         38
Puerto Rico..................................  Vieques..............................            96.07         39
Puerto Rico..................................  Comerio..............................            94.59         40
Puerto Rico..................................  Naranjito............................            94.19         41
Puerto Rico..................................  Cayey................................            93.98         42
Puerto Rico..................................  Salinas..............................            93.64         43
Puerto Rico..................................  Santa Isabel.........................            93.25         44

[[Page 19256]]

                                                                                                                
Puerto Rico..................................  Loiza................................            92.29         45
Puerto Rico..................................  Arroyo...............................            92.12         46
Puerto Rico..................................  Yabucoa..............................            91.76         47
Puerto Rico..................................  Moca.................................            90.19         48
Puerto Rico..................................  Toa Baja.............................            89.79         49
Puerto Rico..................................  Isabela..............................            88.36         50
Puerto Rico..................................  Juncos...............................            87.33         51
Puerto Rico..................................  San Juan.............................            87.13         52
Puerto Rico..................................  Vega Baja............................            87.10         53
Puerto Rico..................................  Aguas Buenas.........................            86.21         54
Puerto Rico..................................  Trujillo Alto........................            85.48         55
Puerto Rico..................................  Cabo Rojo............................            85.40         56
Puerto Rico..................................  Coamo................................            85.37         57
Puerto Rico..................................  Rincon...............................            85.18         58
Puerto Rico..................................  Manati...............................            84.32         59
Puerto Rico..................................  Lajas................................            84.22         60
Puerto Rico..................................  Gurabo...............................            84.10         61
New Mexico...................................  McKinley County......................            83.79         62
Puerto Rico..................................  Las Piedras..........................            83.57         63
Puerto Rico..................................  Cidra................................            83.26         64
Puerto Rico..................................  Naguabo..............................            83.14         65
Texas........................................  Zavala County........................            81.63         66
Puerto Rico..................................  Culebra..............................            80.98         67
Puerto Rico..................................  Toa Alta.............................            80.76         68
Puerto Rico..................................  Florida..............................            80.56         69
Puerto Rico..................................  Carolina.............................            80.54         70
Puerto Rico..................................  Dorado...............................            80.49         71
Puerto Rico..................................  Anasco...............................            79.26         72
Mississippi..................................  Tunica County........................            78.36         73
Puerto Rico..................................  Aibonito.............................            77.62         74
South Dakota.................................  Ziebach County.......................            77.53         75
Puerto Rico..................................  Guaynabo.............................            74.34         76
Utah.........................................  San Juan County......................            74.21         77
Puerto Rico..................................  Luquillo.............................            73.86         78
Puerto Rico..................................  Sabana Grande........................            73.75         79
South Dakota.................................  Todd County..........................            73.03         80
Mississippi..................................  Holmes County........................            67.20         81
Arizona......................................  Navajo County........................            65.84         82
Mississippi..................................  Issaquena County.....................            65.83         83
Texas........................................  Presidio County......................            64.52         84
Wisconsin....................................  Menominee County.....................            63.93         85
Mississippi..................................  Humphreys County.....................            60.77         86
Kentucky.....................................  Breathitt County.....................            59.42         87
Texas........................................  Frio County..........................            58.65         88
Texas........................................  Hudspeth County......................            58.17         89
Alabama......................................  Perry County.........................            57.16         90
South Dakota.................................  Corson County........................            57.14         91
South Dakota.................................  Mellette County......................            56.99         92
Texas........................................  Edwards County.......................            56.87         93
Texas........................................  La Salle County......................            56.57         94
Texas........................................  Duval County.........................            56.51         95
North Dakota.................................  Rolette County.......................            54.12         96
South Dakota.................................  Jackson County.......................            53.13         97
Kentucky.....................................  Elliott County.......................            52.28         98
Texas........................................  Brooks County........................            52.20         99
South Dakota.................................  Bennett County.......................            52.12        100
----------------------------------------------------------------------------------------------------------------


    Dated: April 24, 1996.
Jan E. Shadburn,
Acting Associate Administrator, Rural Housing Service.
[FR Doc. 96-10711 Filed 4-30-96; 8:45 am]
BILLING CODE 3410-07-U