96-26569. Office of the Assistant Secretary for Community Planning and Development; Redelegation of Authority for the Loan Guarantee Recovery Fund  

  • [Federal Register Volume 61, Number 202 (Thursday, October 17, 1996)]
    [Notices]
    [Pages 54211-54212]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 96-26569]
    
    
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    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
    [Docket No. FR-4108-D-04]
    
    
    Office of the Assistant Secretary for Community Planning and 
    Development; Redelegation of Authority for the Loan Guarantee Recovery 
    Fund
    
    AGENCY: Office of the Assistant Secretary for Community Planning and 
    Development, HUD.
    
    ACTION: Notice of redelegation of authority.
    
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    SUMMARY: This notice redelegates the authority to administer the Loan 
    Guarantee Recovery Program, authorized by the Church Arson Prevention 
    Act of 1996, from the Assistant Secretary for Community Planning and 
    Development to the General Deputy Assistant Secretary for Community 
    Planning and Development and to the Deputy Assistant Secretary for 
    Grant Programs.
    
    FOR FURTHER INFORMATION CONTACT:
    Anthony Johnston, Deputy Director, Financial Management Division, 
    Office of Block Grant Assistant, 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, 
    Public Law 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.
        Elsewhere in today's Federal Register, the Secretary transferred to 
    the Assistant Secretary for Community Planning and Development the 
    authority with respect to the Loan Guarantee Recovery Fund. Thus, by 
    this redelegation, the Assistant Secretary for Community Planning and 
    Development redelegates to the General Deputy Assistant Secretary for 
    Community Planning and Development and to the Deputy Assistant 
    Secretary for Grant Programs 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.
        Accordingly, the Assistant Secretary for Community Planning and 
    Development redelegates authority as follows:
    
    Section A. Authority Delegated
    
        The Assistant Secretary for Community Planning and Development 
    redelegates individually to the General Deputy Assistant Secretary for
    
    [[Page 54212]]
    
    Community Planning and Development and to the Deputy Assistant 
    Secretary for Grant Programs 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 
    redelegation of authority.
    
    Section B. Authority Excepted
    
        The authority redelegated under Section A does not include the 
    power to sue and be sued.
    
        Authority: Section 7(d), Department of Housing and Urban 
    Development Act, 42 U.S.C. 3535(d).
    
        Dated: October 8, 1996.
    Andrew M. Cuomo,
    Assistant Secretary for Community Planning and Development.
    [FR Doc. 96-26569 Filed 10-16-96; 8:45 am]
    BILLING CODE 4210-29-M
    
    
    

Document Information

Published:
10/17/1996
Department:
Housing and Urban Development Department
Entry Type:
Notice
Action:
Notice of redelegation of authority.
Document Number:
96-26569
Pages:
54211-54212 (2 pages)
Docket Numbers:
Docket No. FR-4108-D-04
PDF File:
96-26569.pdf