[Federal Register Volume 59, Number 1 (Monday, January 3, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 93-30302]
[[Page Unknown]]
[Federal Register: January 3, 1994]
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DEPARTMENT OF AGRICULTURE
Farmers Home Administration
Housing Preservation Grants
AGENCY: Farmers Home Administration, USDA.
ACTION: Notice.
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SUMMARY: The Farmers Home Administration (FmHA) announces that it is
soliciting competitive applications under its Housing Preservation
Grant (HPG) program. This action is taken to comply with Agency
regulations found in 7 CFR part 1944, Subpart N, which requires the
Agency to announce the opening and closing dates for receipt of
preapplications for HPG funds from eligible applicants. The intended
effect of this Notice is to provide public agencies, private nonprofit
organizations, and other eligible entities notice of these dates. The
HPG program will be available to provide repair and rehabilitation
assistance to owner(s) of single or multi-unit rental properties and
cooperative housing projects, as well as homeowners. This is the first
time the HPG program will be available to provide repair and
rehabilitation assistance to owners of rental properties. Also, the
selection criteria has been changed from the previous year.
DATES: FmHA hereby announces that it will begin receiving
preapplications on January 3, 1994. The closing date for acceptance by
FmHA of preapplications is on April 4, 1994. This period will be the
only time during the current fiscal year that FmHA accepts
preapplications. Preapplications must be received by or postmarked on
or before this date.
ADDRESSES: Submit preapplications to FmHA field offices; applications
must contact their FmHA State Office for this information.
FOR FURTHER INFORMATION CONTACT:
Sue M. Harris, Senior Loan Officer, Multi-family Housing Processing
Division, FmHA, USDA, room 5337, South Agriculture Building,
Washington, DC 20250, telephone (202) 720-1606 (This is not a toll free
number.)
SUPPLEMENTARY INFORMATION: 7 CFR part 1944, Subpart N provides details
on what information must be contained in the preapplication package.
Entities wishing to apply for assistance should contact the FmHA State
Office to receive further information and copies of the application
package. Eligible entities for these competitively awarded grants
include State and local governments, nonprofit corporations, Federally
recognized Indian Tribes, and consortia of eligible entities.
This program is listed in the Catalog of Federal Domestic
assistance under No. 10.443, Housing Preservation Grants. This program
is subject to the provisions of Executive Order 12372 which requires
intergovernmental consultation with State and local officials (7 CFR
part 3015, subpart V; 48 FR 29115, June 24, 1983). Applicants are also
referred to 7 CFR part 1944, Sections 1944.674 and 1944.676 (d) and (e)
for specific guidance on these requirements relative to the HPG
program.
The funding instrument for the HPG program will be a grant
agreement. The term of the grant can vary from 1 to 2 years, depending
on available funds and demand. No maximum or minimum grant levels have
been set, although based on fiscal year (FY) 1991 and FY 92 experience,
the Agency anticipates that the average grant will be between $100,000
and $150,000 for 1 year proposal. For FY 94, $23,000,000 is available
and has been distributed under a formula allocation to States pursuant
to 7 CFR part 1940, subpart L, ``Methodology and Formulas for
Allocation of Loan and Grant Funds.''
Decisions on funding will be based on the preapplications, and
notices of action on the preapplications should be made no earlier than
66 days prior to the closing date.
Dated: November 30, 1993.
Sharron S. Longino,
Acting Administrator, Farmers Home Administration.
[FR Doc. 93-30302 Filed 12-30-93; 8:45 am]
BILLING CODE 3410-07-M
