94-20864. UDAG Retention and Recapture Programs; Extension of the Expiration Date

[Federal Register Volume 59, Number 164 (Thursday, August 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-20864]


[[Page Unknown]]

[Federal Register: August 25, 1994]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of the Assistant Secretary for Community Planning and 
Development
[Docket No. N-94-3783; FR-3710-N-02]

 

UDAG Retention and Recapture Programs; Extension of the 
Expiration Date

AGENCY: Office of the Assistant Secretary for Community Planning and 
Development, HUD.

ACTION: Notice; Extension of the expiration date.

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SUMMARY: On May 26, 1994 (59 FR 27289), the Department published in the 
Federal Register, a Notice that announced the implementation of the HUD 
Retention and Recapture Programs (collectively the ``Program'') 
described in section 119(t) of the Housing and Community Development 
Act of 1974, as amended (the ``Act''). After careful consideration, the 
Secretary has determined that it is in the best interest of the 
affected cities and HUD to extend the expiration date of the Retention 
Program in order to allow such cities additional time to consider the 
options available to them under the Program, and the possible effect 
their election of options may have upon their economic development 
programs.
    This Notice announces the extension of the expiration date of the 
Retention Program described in section 119(t) of the Act to and 
including October 17, 1994. The Secretary will not recapture any 
unexpended funds before the expiration date, as extended.

DATES: The Retention Program is in effect from May 26, 1994, and is 
extended to and includes October 17, 1994.

FOR FURTHER INFORMATION CONTACT:
Roy O. Priest, Director, [phone]; TDD for the hearing- or 
speech-impaired, [phone]. Inquiries may also be faxed to (202) 
708-7543. (These are not toll-free numbers.).

SUPPLEMENTARY INFORMATION: Accordingly, FR Doc. 94-12821, Notice of 
UDAG Retention and Recapture Programs, published in the Federal 
Register on May 26, 1994 (59 FR 27289), is amended by extending the 
expiration date of the Retention Program described in section 119(t) of 
the Housing and Community Development Act, as amended, to and to 
include October 17, 1994.
Andrew Cuomo,
Assistant Secretary for Community Planning and Development.
[FR Doc. 94-20864 Filed 8-24-94; 8:45 am]
BILLING CODE 4210-29-M