5800 Federal Register / Vol. 75, No. 23 / Thursday, February 4, 2010 / Notices 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5388–N–01] 

Annual Indexing of Basic Statutory 

Mortgage Limits for Multifamily 

Housing Programs 

AGENCY: Office of the Assistant 

Secretary for Housing—Federal Housing 

Commissioner, HUD. 

ACTION: Notice. 

SUMMARY: In accordance with Section 

206A of the National Housing Act, HUD 

has adjusted the Basic Statutory 

Mortgage Limits for Multifamily 

Housing Programs for calendar year 

2010. 

DATES: Effective Date: January 1, 2010. 

FOR FURTHER INFORMATION CONTACT: 

Joseph A. Sealey, Director, Technical 

Support Division, Office of Multifamily 

Development, Department of Housing 

and Urban Development, 451 Seventh 

Street, SW., Washington, DC 20410– 

8000, telephone (202) 402–2559 (this is 

not a toll-free number). Hearing- or 

speech-impaired individuals may access 

this number through TTY by calling the 

toll-free Federal Information Relay 

Service at (800) 877–8339. 

SUPPLEMENTARY INFORMATION: The FHA 

Downpayment Simplification Act of 

2002 (Pub. L. 107–326, approved 

December 4, 2002) amended the 

National Housing Act by adding a new 

Section 206A (12 U.S.C. 1712a). Under 

Section 206A, the following are affected: 

(1) Section 207(c)(3)(A) (12 U.S.C. 

1713(c)(3)(A)); 

(2) Section 213(b)(2)(A) (12 U.S.C. 

1715e(b)(2)(A)); 

(3) Section 220(d)(3)(B)(iii)(I) (12 

U.S.C. 1715k(d)(3)(B)(iii)(I)); 

(4) Section 221(d)(3)(ii)(I) (12 U.S.C. 

1715l(d)(3)(ii)(I)); 

(5) Section 221(d)(4)(ii)(I) (12 U.S.C. 

1715l(d)(4)(ii)(I)); 

(6) Section 231(c)(2)(A) (12 U.S.C. 

1715v(c)(2)(A)); and 

(7) Section 234(e)(3)(A) (12 U.S.C. 

1715y(e)(3)(A)). 

The dollar amounts in these sections, 

which are collectively referred to as the 

‘Dollar Amounts,’ shall be adjusted 

annually (commencing in 2004) on the 

effective date of the Federal Reserve 

Board’s adjustment of the $400 figure in 

the Home Ownership and Equity 

Protection Act of 1994 (HOEPA) (Pub. L. 

103–325, approved September 23, 

1994). The adjustment of the Dollar 

Amounts shall be calculated using the 

percentage change in the Consumer 

Price Index for All Urban Consumers 

(CPI–U) as applied by the Federal 

Reserve Board for purposes of the 

above-described HOEPA adjustment. 

HUD has been notified of the 

percentage change in the CPI–U used for 

the HOEPA adjustment and the effective 

date of the HOEPA adjustment. The 

percentage change in the CPI–U is 

0.9926 percent (1.00–.0074) and the 

effective date of the HOEPA adjustment 

is January 1, 2010. The Dollar Amounts 

have been adjusted correspondingly and 

have an effective date of January 1, 

2010. 

The adjusted Dollar Amounts for 

calendar year 2010 are shown below: 

Basic Statutory Mortgage Limits for 

Calendar Year 2010 

Multifamily Loan Program 

■ Section 207—Multifamily Housing 

■ Section 207 pursuant to Section 

223(f)—Purchase or refinance housing 

■ Section 220—Housing in urban 

renewal areas 

Bedrooms Non-Elevator Elevator 

0 ................ $45,088 $52,027 

1 ................ 49,945 58,270 

2 ................ 59,657 71,451 

3 ................ 73,532 89,488 

4+ .............. 83,246 101,184 

■ Section 213—Cooperatives 

Bedrooms Non-Elevator Elevator 

0 ................ $48,863 $52,027 

1 ................ 56,338 58,946 

2 ................ 67,946 71,677 

3 ................ 86,971 92,727 

4+ .............. 96,891 101,787 

■ Section 221(d)(3)—Moderate 

income housing 

■ Section 234—Condominium 

housing 

Bedrooms Non-Elevator Elevator 

0 ................ $49,860 $52,470 

1 ................ 57,488 60,148 

2 ................ 69,332 73,140 

3 ................ 88,747 94,619 

4+ .............. 98,867 103,863 

■ Section 221(d)(4)—Moderate 

income housing 

Bedrooms Non-Elevator Elevator 

0 ................ $44,871 $48,470 

1 ................ 50,935 55,565 

2 ................ 61,567 67,566 

3 ................ 77,277 87,408 

4+ .............. 87,569 95,948 

■ Section 231—Housing for the 

Elderly 

Bedrooms Non-Elevator Elevator 

0 ................ $42,662 $48,470 

1 ................ 47,692 55,565 

Bedrooms Non-Elevator Elevator 

2 ................ 56,951 67,566 

3 ................ 68,537 87,408 

4+ .............. 80,576 95,948 

■ Section 207—Manufactured Home 

Parks 

Per Space $20,700 

Dated: January 26, 2010. 

David H. Stevens, 

Assistant Secretary for Housing—Federal 

Housing Commissioner. 

[FR Doc. 2010–2361 Filed 2–3–10; 8:45 am] 

BILLING CODE 4210–67–P 

DEPARTMENT OF HOUSING AND 

URBAN DEVELOPMENT 

[Docket No. FR–5374–N–05] 

Buy American Exceptions Under the 

American Recovery and Reinvestment 

Act of 2009 

AGENCY: Office of the Assistant 

Secretary for Public and Indian 

Housing, HUD. 

ACTION: Notice. 

SUMMARY: In accordance with the 

American Recovery and Reinvestment 

Act of 2009 (Pub. L. 111–05, approved 

February 17, 2009) (Recovery Act), and 

implementing guidance of the Office of 

Management and Budget (OMB), this 

notice advises that certain exceptions to 

the Buy American requirement of the 

Recovery Act have been determined 

applicable for work using Capital Fund 

Recovery Formula and Competition 

(CFRFC) grant funds. Specifically, a 

waiver was granted to the Housing 

Authority of Portland, Oregon for the 

installation of continuous venting range 

hoods as a part of the modernization of 

five public housing projects (Demar 

Downs, Fir Acres, Stark Manor, 

Townhouse Terrace and Celilo Court). 

FOR FURTHER INFORMATION CONTACT: 

Dominique G. Blom, Deputy Assistant 

Secretary for Public Housing 

Investments, Office of Public Housing 

Investments, Office of Public and Indian 

Housing, Department of Housing and 

Urban Development, 451 7th Street, 

SW., Room 4210, Washington, DC 

20410–4000, telephone number 202– 

402–8500 (this is not a toll-free 

number). Persons with hearing- or 

speech-impairments may access this 

number through TTY by calling the tollfree Federal Information Relay Service 

at 800–877–8339. 

SUPPLEMENTARY INFORMATION: Section 

1605(a) of the Recovery Act provides 

that none of the funds appropriated or 

made available by the Recovery Act may 


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