99-19831. Notice of Availability of Funding and Requests for Proposals for Guaranteed Loans Under the Section 538 Guaranteed Rural Rental Housing Program; Correction

[Federal Register Volume 64, Number 148 (Tuesday, August 3, 1999)]
[Notices]
[Page 42084]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-19831]


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

DEPARTMENT OF AGRICULTURE

Rural Housing Service


Notice of Availability of Funding and Requests for Proposals for 
Guaranteed Loans Under the Section 538 Guaranteed Rural Rental Housing 
Program; Correction

AGENCY: Rural Housing Service, USDA.

ACTION: Correction.

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

SUMMARY: The Rural Housing Service (RHS) corrects a notice published 
June 16, 1999 (64 FR 32373). This action is taken to correct the 
maximum allowable interest rate to be negotiated between the lender and 
the applicant. Accordingly, the notice published June 16, 1999 (64 FR 
32373), is corrected as follows:
    On page 32374 in the first column, Item V. A. (4), the introductory 
text prior to the table should read ``Loans with interest rates less 
than the maximum allowable 250 basis points over the 30 Year Treasury 
Bond Yield as published in the Wall Street Journal as of the business 
day previous to the business day the rate was set, will be awarded 
points as follows:''
    On page 32374 in the third column, Item VI. C. ``Maximum Interest 
Rate,'' the text ``30-year Treasury Bond Rate'' should read ``30-year 
Treasury Bond Yield.''

    Dated: July 21, 1999.
Eileen M. Fitzgerald,
Acting Administrator, Rural Housing Service.
[FR Doc. 99-19831 Filed 8-2-99; 8:45 am]
BILLING CODE 3410-XV-P