[Federal Register Volume 61, Number 202 (Thursday, October 17, 1996)]
[Notices]
[Page 54211]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-26568]
[[Page 54211]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of the Secretary
[Docket No. FR 4108-D-03]
Delegation of Authority for the Loan Guarantee Recovery Fund
AGENCY: Office of the Secretary, HUD.
ACTION: Notice of delegation of authority.
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SUMMARY: This notice delegates the authority to administer the Loan
Guarantee Recovery Program, Authorized by the Church Arson Prevention
Act of 1996, from the Secretary of the Department of Housing and Urban
Development to the Assistant Secretary for Community Planning and
Development.
FOR FURTHER INFORMATION CONTACT:
Anthony Johnston, Deputy Director, Financial Management Division,
Office of Block Grant Assistance, Room 7180, Department of Housing and
Urban Development, 451 7th Street, S.W., Washington, D.C. 20410, (202)
708-1871. A TTY number is available for hearing/speech-impaired
individuals at (202) 708-1455. This number may also be accessed via TTY
by calling the Federal Information Relay Service at 1-800-877-8399. FAX
inquiries may be sent to Mr. Johnston at (202) 708-1798. Other than the
``800'' number, these telephone numbers are not toll-Free.
SUPPLEMENTARY INFORMATION: The Church Arson Prevention Act of 1996,
Pub. L. 104-155, 110 Stat. 1392, approved July 3, 1996, provides
Federal, State and local law-enforcement agencies with additional means
to address violent crimes against places of worship, strengthens the
penalties for the commission of these crimes, and authorizes Federal
assistance for rebuilding efforts. Section 4 of the Act, entitled
``Loan Guarantee Recovery Fund,'' authorizes the Secretary of the
Department of Housing and Urban Development (the ``Secretary'') to
guarantee loans made by financial institutions to assist certain
nonprofit organizations that have been damaged as a result of acts of
arson or terrorism. The Act provides that the Secretary may use this
guarantee authority to subsidize up to $10 million in loan principal in
accordance with such procedures as he may establish by regulation.
The present document delegates to the Assistant Secretary for
Community Planning and Development all power and authority granted by
Section 4 of the Church Arson Prevention Act of 1996. The authority
delegated does not include the authority to sue or be sued.
Additionally, by executing the present delegation of authority, the
Secretary is ratifying all actions taken by the Assistant Secretary for
Community Planning and Development on behalf of the Secretary, from
September 5, 1996, through the date of the signature of this document,
with respect to the Church Arson Prevention Act of 1996.
Accordingly, the Secretary delegates authority as follows:
Section A. Authority Delegated
The Secretary of the Department of Housing and Urban Development
delegates to the Assistant Secretary for Community Planning and
Development all power and authority granted by Section 4 of the Church
Arson Prevention Act of 1996, entitled the Loan Guarantee Recovery
Fund, except as provided in Section B of this delegation of authority.
Section B. Authority Excepted
The authority delegated under Section A does not include the power
to sue and be sued.
Section C. Actions Ratified
The Secretary of the Department of Housing and Urban Development
hereby ratifies all actions previously taken by the Assistant Secretary
for Community Planning and Development, pursuant to this Act, from
September 5, 1996, through the present date.
Authority: Section 7(d), Department of Housing and Urban
Development Act, 42 U.S.C. Sec. 3535 (d).
Dated: October 8, 1996.
Henry G. Cisneros,
Secretary of Housing and Urban Development.
[FR Doc. 96-26568 Filed 10-16-96; 8:45 am]
BILLING CODE 4210-32-M
