[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