95-8439. Community Development Block Grant Program Economic Development Guidelines; Final Rule and Guidelines; Technical Amendments  

  • [Federal Register Volume 60, Number 66 (Thursday, April 6, 1995)]
    [Rules and Regulations]
    [Pages 17445-17446]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-8439]
    
    
    
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    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
    
    Office of the Assistant Secretary for Community Planning and 
    Development
    
    24 CFR Part 570
    
    [Docket No. R-95-1729; FR-3474-F-03]
    RIN 2506-AB53
    
    
    Community Development Block Grant Program Economic Development 
    Guidelines; Final Rule and Guidelines; Technical Amendments
    
    AGENCY: Office of the Assistant Secretary for Community Planning and 
    Development, HUD.
    
    ACTION: Final rule and guidelines; technical amendments.
    
    -----------------------------------------------------------------------
    
    SUMMARY: The Department published in the Federal Register, a final rule 
    and guidelines that established guidelines to assist Community 
    Development Block Grant (CDBG) recipients in evaluating and selecting 
    economic development activities for assistance with CDBG funds. The 
    purpose of this document is to make certain clarifying technical 
    amendments to that final rule.
    
    EFFECTIVE DATE: February 6, 1995.
    
    FOR FURTHER INFORMATION CONTACT: James R. Broughman, Director, Office 
    of Block Grant Assistance, Room 7286, 451 Seventh Street, SW., 
    Washington, DC 20410. Telephone: (202) 708-3587; TDD: (202) 708-2565. 
    (These are not toll-free numbers).
    
    Supplementary Information:
    
    List of Subjects in 24 CFR Part 570
    
        Administrative practice and procedure, American Samoa, Community 
    development block grants, Grant programs--education, Grant programs--
    housing and community development, Guam, Indians, Lead poisoning, Loan 
    programs--housing and community development, Low and moderate income 
    housing, New communities, Northern Mariana Islands, Pacific Islands 
    Trust Territory, Pockets of poverty, Puerto Rico, Reporting and 
    recordkeeping requirements, Small cities, Student aid, Virgin Islands.
    
        Accordingly, 24 CFR part 570 is amended as follows:
    
    PART 570--COMMUNITY DEVELOPMENT BLOCK GRANTS
    
        1. The authority citation for 24 CFR part 570 continues to read as 
    follows:
    
        Authority: 42 U.S.C. 3535(d) and 5300-5320.
    
    
    Sec. 570.200  [Amended]
    
        2. In Sec. 570.200, paragraph (f)(2) is amended by removing the 
    word ``subrecipients'', and by adding in its place the word 
    ``entities''.
        3. Section 570.208 is amended by revising paragraph (a)(1)(v), to 
    read as follows:
    
    
    Sec. 570.208  Criteria for national objectives.
    
        (a) * * *
        (1) * * *
        (v) Activities meeting the requirements of paragraph (d)(5)(i) of 
    this section may be considered to qualify under this paragraph, 
    provided that the area covered by the strategy is either a Federally-
    designated Empowerment Zone or Enterprise Community or primarily 
    residential and contains a percentage of low- and moderate-income 
    residents that is no less than the percentage computed by HUD pursuant 
    to paragraph (a)(1)(ii) of this section or 70 percent, whichever is 
    less, but in no event less than 51 percent. Activities meeting the 
    requirements of paragraph (d)(6)(i) of this section may also be 
    considered to qualify under paragraph (a)(1) of this section.
    * * * * *
    
    
    Sec. 570.208  [Amended]
    
        4. In Sec. 570.208, paragraph (a)(4)(vi)(B) is amended by removing 
    the phrase ``a subrecipient'', and by adding in its place the phrase 
    ``an entity''.
        5. In Sec. 570.208, paragraph (a)(4)(vi)(F)(2) is amended by 
    removing the cross-reference to ``paragraph (a)(4)(v)(C)(1) of this 
    section'', and by adding in its place the cross-reference to 
    ``paragraph (a)(4)(vi)(F)(1) of this section''.
    
    
    Sec. 570.209  [Amended]
    
        6. In Sec. 570.209, paragraph (b) introductory text is amended by 
    removing the cross-reference to ``Sec. 570.208(a)(4)(vi)(D)(2)'', and 
    by adding in its place the cross-reference to 
    ``Sec. 570.208(a)(4)(vi)(F)(2)''.
    
    
    Sec. 570.483  [Amended]
    
        7. In Sec. 570.483, paragraph (b)(4)(vi)(B) is amended by removing 
    the phrase ``a subrecipient'', and by adding in its place the phrase 
    ``an entity''.
        8. In Sec. 570.483, paragraph (b)(4)(vi)(F)(2) is amended by 
    removing the cross-reference to ``paragraph (b)(4)(iii)(C)(1) of this 
    section'', and by adding in its place the cross-reference to 
    ``paragraph (b)(4)(vi)(F)(1) of this section''.
        9. Section 570.500 is amended by:
        a. Amending paragraph (a)(4)(ii) by removing the period from the 
    end of the [[Page 17446]] fourth sentence that begins with ``Amounts 
    generated by activities financed with loans'', and by adding in its 
    place a comma and a phrase to the end of the fourth sentence; and
        b. Amending paragraph (c) by removing the period from the end of 
    the second sentence that begins with ``The term excludes'', and by 
    adding in its place a comma and a phrase to the end of the second 
    sentence, to read as follows:
    
    
    Sec. 570.500  Definitions.
    
        (a) * * *
        (4) * * *
        (ii) * * * , except that the use of such funds shall be limited to 
    activities that are located in a revitalization strategy area and 
    implement a HUD approved area revitalization strategy pursuant to 
    Sec. 91.215(e) of this title. * * *
    * * * * *
        (c) * * * , unless the grantee explicitly designates it as a 
    subrecipient. * * *
        Dated: March 30, 1995.
    Andrew M. Cuomo,
    Assistant Secretary for Community Planning and Development.
    [FR Doc. 95-8439 Filed 4-5-95; 8:45 am]
    BILLING CODE 4210-29-P
    
    

Document Information

Effective Date:
2/6/1995
Published:
04/06/1995
Department:
Housing and Urban Development Department
Entry Type:
Rule
Action:
Final rule and guidelines; technical amendments.
Document Number:
95-8439
Dates:
February 6, 1995.
Pages:
17445-17446 (2 pages)
Docket Numbers:
Docket No. R-95-1729, FR-3474-F-03
RINs:
2506-AB53
PDF File:
95-8439.pdf
CFR: (6)
24 CFR 91.215(e)
24 CFR 570.200
24 CFR 570.208
24 CFR 570.209
24 CFR 570.483
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