[Federal Register Volume 60, Number 234 (Wednesday, December 6, 1995)]
[Notices]
[Page 62384]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-29694]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Housing Preservation Grants
AGENCY: Rural Housing Service, USDA.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Rural Housing Service (RHS) announces that it is
soliciting competitive applications under its Housing Preservation
Grant (HPG) program. The HPG program is a grant program which provides
qualified public agencies, private nonprofit organizations, and other
eligible entities grant funds to assist very low- and low-income
homeowners repair and rehabilitate their homes in rural areas, and to
assist rental property owners and cooperative housing complexes repair
and rehabilitate their units if they agree to make such units available
to low- and very low-income persons. 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 eligible organizations
notice of these dates.
DATES: RHS hereby announces that it will begin receiving
preapplications on January 2, 1996. The closing date for acceptance by
RHS of preapplications is April 1, 1996.
This period will be the only time during the current fiscal year
that RHS accepts preapplications. Preapplications must be received by
or postmarked on or before this date.
ADDRESSES: Submit preapplications to Rural Economic and Community
Development (RECD) servicing offices for the HPG program; applicants
must contact their RECD State Office for this information.
FOR FURTHER INFORMATION CONTACT:
Sue M. Harris-Green, Senior Loan Officer, Multi-Family Housing
Processing Division, RHS, 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 RECD State
Office to receive further information and copies of the preapplication
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. 10.433, 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) 1996 fund availability,
the Agency anticipates that the average grant will be $75,000 for a 1-
year proposal. For FY 96, $11 million 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 28, 1995.
Maureen Kennedy,
Administrator, Rural Housing Service.
[FR Doc. 95-29694 Filed 12-5-95; 8:45 am]
BILLING CODE 3410-07-U
