[Federal Register Volume 60, Number 135 (Friday, July 14, 1995)]
[Notices]
[Page 36301]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-17283]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner
[Docket No. FR-3934-D-01]


Redelegation of Authority

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

ACTION: Notice of redelegation of authority.

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SUMMARY: In this notice, the Assistant Secretary for Housing--Federal 
Housing Commissioner redelegates authority to the Multifamily Housing 
Director for each HUD local field office to approve secondary financing 
from public bodies, under Section 202 of the Housing Act of 1959, 12 
U.S.C. 1701q, and under Section 811 of the Cranston-Gonzalez National 
Affordable Housing Act, 42 U.S.C. 8013.

EFFECTIVE DATE: June 30, 1995.

FOR FURTHER INFORMATION CONTACT: Aretha Williams, Office of Elderly and 
Assisted Housing, Room 6116, U.S. Department of Housing and Urban 
Development, 451 Seventh Street, SW, Washington, DC 20410, telephone 
(202) 708-2866, or (202) 708-4594 (TDD). (These are not toll-free 
numbers.)

SUPPLEMENTARY INFORMATION: This redelegation is consistent with HUD's 
field reorganization in which local field offices have been given 
greater authority to operate HUD programs. It is issued in accordance 
with HUD policy as recently reaffirmed by the issuance of Notice H 95-
38 (HUD). HUD's policy is that sponsors of Section 202 and 811 projects 
may receive approval from HUD to obtain secondary financing. In order 
to expedite the handling of requests and delivery of services, the 
authority to approve the secondary financing from public bodies is 
being redelegated to the Multifamily Housing Director for each local 
field office. Prior to approving such secondary financing from public 
bodies, the Multifamily Housing Director shall insure that the 
Assistant General Counsel for the geographical area has determined that 
the secondary financing documents are legally acceptable.
    Accordingly, the Assistant Secretary for Housing--Federal Housing 
Commissioner redelegates authority as follows:

Section A. Authority Redelegated

    The authority to approve secondary financing from public bodies for 
projects, under Section 202 of the Housing Act of 1959, 12 U.S.C. 
1701q, and Section 811 of the Cranston-Gonzalez National Affordable 
Housing Act, 41 U.S.C. 8013, is redelegated to the Multifamily Housing 
Director for each local field office.

    Authority: Sec. 7(d) of the Department of Housing and Urban 
Development Act, (42 U.S.C. 3535(d)).

    Dated: June 30, 1995.
Nicolas P. Retsinas,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 95-17283 Filed 7-13-95; 8:45 am]
BILLING CODE 4210-27-M