96-10794. Office of the Assistant Secretary for Housing-Federal Housing Commissioner; Disposition of Multifamily Projects and Sale of HUD-Held Multifamily Mortgages; Final Rule; Correction

[Federal Register Volume 61, Number 85 (Wednesday, May 1, 1996)]
[Rules and Regulations]
[Page 19188]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10794]



-----------------------------------------------------------------------


DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
24 CFR Part 290

[Docket No. FR-3715-C-03]
RIN 2502-AG30


Office of the Assistant Secretary for Housing-Federal Housing 
Commissioner; Disposition of Multifamily Projects and Sale of HUD-Held 
Multifamily Mortgages; Final Rule; Correction

AGENCY: Office of the Assistant Secretary for Housing-Federal Housing 
Commissioner, HUD.

ACTION: Final rule; Correction.

-----------------------------------------------------------------------

SUMMARY: On March 21, 1996 (61 FR 11684), the Department published a 
final rule that implemented the regulatory requirements under the 
Multifamily Housing Property Disposition Reform Act of 1994 that 
affected the management and disposition of HUD-owned properties and 
properties with HUD-held mortgages, and the sale of HUD-held 
multifamily mortgages. The purpose of this correction is to remove 
duplicate information contained in Sec. 290.39(c).

EFFECTIVE DATE: April 22, 1996.

FOR FURTHER INFORMATION CONTACT: Barbara D. Hunter, Director, Program 
Management Division, Office of Multifamily Asset Management and 
Disposition, Department of Housing and Urban Development, Room 6182, 
451 7th Street, SW., Washington, DC 20410. Telephone [phone]; 
TTY [phone]. (These are not toll-free numbers.)

SUPPLEMENTARY INFORMATION: Accordingly, FR Doc. 96-6791, a final rule 
on Part 290, Multifamily Projects and Sale of HUD-Held Multifamily 
Mortgages, published in the Federal Register on March 21, 1996 at 61 FR 
11684, is corrected as follows:
    On page 11690, in the third column, in Sec. 290.39, paragraph (c) 
is corrected by removing the second paragraph (c)(2) that begins with 
``(2) A subsidized project * * *'', and by also removing the 
undesignated paragraph in the second paragraph (c)(2) that begins with 
``This requirement shall continue * * *''.

    Dated: April 25, 1996.
Camille E. Acevedo,
Assistant General Counsel for Regulations.
[FR Doc. 96-10794 Filed 4-30-96; 8:45 am]
BILLING CODE 4210-27-P