[Federal Register Volume 60, Number 238 (Tuesday, December 12, 1995)] [Notices] [Pages 63674-63688] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 95-30135] ----------------------------------------------------------------------- DEPARTMENT OF AGRICULTURE Rural Housing and Community Development Service Notice of Availability of Housing Funds AGENCIES: Rural Housing and Community Development Service, USDA. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Rural Housing and Development Service (RHCDS) announces the availability of housing funds for fiscal year 1996 (FY 1996). This action is taken to comply with 42 U.S.C. 1490p which requires that RHCDS publish in the Federal Register [[Page 63675]] notice of the availability of any housing assistance. EFFECTIVE DATE: December 12, 1995. FOR FURTHER INFORMATION CONTACT: Cynthia Reese-Foxworth, Loan Specialist, Rural Rental Housing Branch, Multi-Family Housing Processing Division, Room 5337, or Gloria Denson, Senior Loan Specialist, Single Family Housing Processing Division, Room 5334, RHCDS, USDA, South Agriculture Building, Washington, DC 20250, telephones (202) 720-1608 and (202) 720-1474 respectively. (These are not toll free numbers.) SUPPLEMENTARY INFORMATION: Programs Affected These programs or activities are listed in the Catalog of Federal Domestic Assistance under Nos: 10.405 Farm Labor Housing Loans and Grants 10.410 Very Low to Moderate Income Housing Loans 10.411 Rural Housing Site Loans 10.417 Very Low Income Housing Repair Loans and Grants 10.420 Rural Self-Help Housing Technical Assistance 10.427 Rural Rental Assistance Payments 10.433 Housing Preservation Grants 10.442 Housing Application Packaging Grants Discussion of Notice 7 CFR chapter XVIII, part 1940, subpart L contains the formulas and methodology applicable to loan and grant funds for FY 1996. At the current time, there is no authority to obligate section 515 new construction loans. Rural Economic and Community Development (RECD) state offices will be advised when the program is re-authorized for new construction loans. The public may contact the individuals listed in this Notice or state office personnel for further information. The guidance provided to our state offices is separated between assistance available in our Multi- and Single-Family Housing Programs as follows: Multi-Family Housing (MFH) I. General A. This notice provides MFH allocations to individual States for Fiscal Year (FY) 1996. Allocation computations have been performed in accordance with 7 CFR 1940.575 and 1940.578. The transition formula is not used. B. MFH loan and grant levels for FY 1996 are as follows: Section 514 Farm Labor Housing (LH) Loans............... $15,000,000 Section 515 Rural Rental Housing (RRH) Loans............ 152,480,000 Section 516 LH Grants (Unobligated prior year balances and/or cancellations of prior years will be added to the amount shown)...................................... 10,0000,000 Section 521 Rental Assistance (RA) RRH New Construction................................ 32,200,000 LH New Construction................................. 4,600,000 Section 525/509 Housing Application Packaging Grants*... 1,000,000 Section 533 Housing Preservation Grants (HPG)........... 11,000,000 * See Single Family Housing (SFH) section of this Notice for further information. II. State Allocations All state allocations, with the exception of new construction RA, have been developed with the methodology and formulas stated in 7 CFR part 1940, subpart L. A. Section 515 RRH Loan Funds 1. Amount Available for Allocation. Total available------................................. $152,480,000 Less inventory property sales----..................... 8,500,000 Less general reserve-----............................. 34,500,000 Less base administrative allocation----............... 16,428,426 Less base allocation----- -........................... 0 ----------------- Basic formula amount-----............................. 93,051,574 2. Base Allocation. Not used. 3. Administrative Allocation. A distribution of funds to certain States to assure that all States receive at least $1,250,000 to ensure sufficient funding levels for new construction or repair and rehabilitation loans less base allocation. 4. Reserves. a. State Office Reserve. In States which allocate funds to Districts, 7 CFR 1940.552(j) authorizes the State Director to hold a reserve. Such reserves, if established, will be available only for patchouts, leveraging state Section 515 funds with National Office reserve funds in a targeted area and to nonprofits, hardships or emergency situations. b. Inventory Property Sales. $8,500,000 has been set aside to facilitate the sale of inventory properties. Funding for inventory property sales will be split between the National Office and State Office on a 50/50 basis. c. National Office Reserve. The reserve is approximately 25 percent of the total funds available and is distributed as follows: (i) General Reserve. $34,500,000 in general reserve funds have been set aside. Since access to general reserve funds cannot be assured or guaranteed, States should not consider potential access to these funds when authorizing Forms AD-622, ``Notice of Preapplication Review Action,'' up to the authorized percentage of their allocation. Until June 3, 1996, State Directors can request these funds for the following purposes: (A) Hardships and Emergencies. The request must include sufficient documentation to support the hardship or emergency including reasons why it is in the Government's best interest to consider the request. (B) Patchouts. A patchout, not to exceed 30 percent of the total loan obligation, when the State needs the additional funds to obligate 100 percent of its allocation. Note: Repairs/Rehabilitations. Each State will use its Section 515 Allocation for repair and rehabilitation loans. Such loans will have first priority for funds in each State. (C) RH Cooperatives. (ii) Designated Reserves. The following set asides are derived from the general reserve. (A) State Rental Assistance (RA). An amount of $2.5 million of the RRH funds has been set aside for States in which an active State sponsored RA program is available. Funds will be distributed to participating States based on a pro rata share of State RA units being provided. These funds are subject to year-end pooling requirements. (B) Equity Loans. An amount of $2.5 million has been set aside for the equity loan prepayment incentive features described in FmHA Instruction 1965-E. Funds are fully available and are subject to year- end pooling requirements. The amount of equity funds available may be changed administratively by RHCDS based upon use and need for funds. (C) Nonprofit Reserve. An amount of $7.5 million has been set-aside for certain nonprofit applicants. The applicant must be a nonprofit entity which meets the following conditions: [[Page 63676]] (1) Is a private nonprofit organization, consumer cooperative, or Indian Tribe; (2) whose principle purposes include the planning, development, and management of low-income housing; (3) is exempt from Federal income taxes under section 501(c)(3) or 501(c)(4) of the Internal Revenue Code; (4) is not wholly or partially owned or controlled with or by a ``for profit'' entity; (5) is not a public body, housing authority, limited partnership, limited partnership with a nonprofit general partner; (6) is not coventuring with a ``for profit'' entity eligible for Section 515 assistance; and (7) is not requesting Low-Income Housing Tax Credits (LIHTC) pursuant to section 42 of the Internal Revenue Code. In order to maximize the number of loans from this reserve, each State may develop one proposal which may not exceed the State's average size (number of units) new construction loan. Funds will be made available on a first-come-first-served basis. (D) Targeting Reserve: An amount of $12 million has been set aside for loan requests which are located in target areas selected by the State Director, in accordance with Strategic Plan Goals established by the Under Secretary. By December 15, 1995, each State Director will ensure that such target areas are selected. No state may request or receive more than $1 million from this reserve. A state or jurisdiction may utilize up to $500,000 of their own allocation in addition to the $1 million they can receive from the National Office provided they have addressed all repair and rehabilitation needs in their state. No requests received after January 3, 1996, will be considered. 5. Pooling of Funds. a. State Office Pooling. The States which allocate funds by/to Districts are not authorized to pool unobligated funds prior to May 6, 1996. b. National Office Pooling. Unused RRH funds will be placed in the National Office reserve and will be made available administratively. Year-end pooling of all Section 515 RRH loan funds is scheduled for close of business (COB), August 19, 1996. B. Rental Assistance (RA) 1. Valuation of New Construction RA. A total of $32,200,000 will be available for RRH new construction RA and $4,600,000 is available for LH new construction RA. These equate to an estimated 3,200 units for the RRH and LH loan programs. All RA units held in the reserves are estimated based on the national weighted average. 2. Estimated Units Available for Allocation. The allocation formula contained in 7 CFR 1940.576 will not provide a proportionate amount of new construction RA in each State to match loan funds available for new unit development and is therefore not utilized in FY 1996. New construction RA allocations, based upon State's requests, are included in this Notice. Estimated total units available----............................ 3,200 Less LH Reserve------.......................................... 400 Subtotal RRH------............................................. 2,800 Less RRH reserve------......................................... 1,550 Less RRH base allocation-----.................................. 0 Less RRH administrative allocation----......................... 0 -------- Total State Requested RA Units----....................... 1,250 3. Base Allocation. No base allocation is provided. 4. Administrative Allocation. No administrative allocation is provided. 5. Reserves: a. State Office Reserve. In States which allocate funds and RA, 7 CFR 1940.552(j) authorizes the State Director to hold a reserve. Such reserves, if established, will be limited only to patchouts and loans under the nonprofit or targeted area reserves, and hardships and emergency situations. b. National Office Reserve. 925 units will be held in the National Office reserve. The National Office reserve is available to States for the nonprofit and targeting reserves. c. Participation loans and RA: 625 units of new construction RA have been set aside to provide tenant subsidy on units that may be developed through participation loans, if such loans are authorized. This set aside will be redistributed if participation loans are not authorized. d. LH. The 400 RA units for LH new construction are being retained in a separate LH reserve. 6. Pooling of RA. a. State Office Pooling. The States which allocate RA by or to Districts are not authorized to pool unobligated RA prior to May 6, 1996. b. National Office Pooling. Year-end National Office pooling of RA for RRH is scheduled for COB, August 19, 1996. 7. Availability of the Allocation. States are authorized to approve up to 100 percent of their RA allocation indicated in this Notice. 8. Suballocation by the State Director. RA units may be suballocated to Servicing Offices, at the discretion of the State Director, in accordance with 7 CFR 1940.552(j). 9. Approval and Obligation of RA. Loans will only be obligated when sufficient RA to ensure market feasibility can be obligated at the same time. RA for loans obligated in a prior FY is not authorized. III. Farm Labor Housing Loan and Grant Funds (Not Allocated to States) A. Section 514 Farm LH Loans Loans are funded in accordance with 7 CFR 1940.579(a). FY 1996 Appropriation................................... $15,000,000 Available for Off-Farm Loans............................ 10,500,000 Available for On-Farm Loans............................. 1,500,000 National Office Reserve................................. 3,000,000 B. Section 516 LH Grants. These grants are funded in accordance with 7 CFR 1940.579(b). FY 1996 Appropriation................................... $10,000,000 Available for LH Grants................................. 7,000,000 Available for Technical Assistance Contracts............ 1,000,000 National Office Reserve................................. 2,000,000 C. National Office Loan and Grant Reserve. $5 million National Office loan and grant reserve that will be available until June 30, 1996, or until expended. The reserve will be used for the following purposes on a first-come-first-served basis. 1. Repair and rehabilitation of LH projects in the portfolio. Loans and grants are available for the repair and rehabilitation of existing projects that have health and safety violations. 2. Migrant and migrant/homeless projects. Funds are available for obligation for proposals under existing regulations that include at least fifty percent of the units to serve migrant farmworkers or the dual populations of migrant farmworkers and the homeless. 3. Leveraged LH projects. While some leverage funds should be used in all LH projects to the degree possible and feasible, reserve funds are available for projects that have commitments of non-LH loan and grant funds in excess of 25 percent of total development cost. D. RA for LH--New Construction. This RA is held in a National Office reserve for use with LH loan and grant applications in accordance with paragraph II B of this Notice. E. Processing Preapplications: 1. In light of the current number of preapplications authorized to be developed into full applications, new Forms AD-622 will be authorized on a limited basis. Those preapplications that fall within the following categories will be accepted for National Office review: a. Preapplications that are on-hand in the National Office and those that have been reviewed by the State Office and [[Page 63677]] are ready as of the date of this notice for National Office review. b. Preapplications that are from sponsors assisted by the TA contractors. c. Preapplications for repair and rehabilitation of existing projects to correct serious health and safety conditions. d. Preapplications that include at least 50 percent of the units for migrant farmworkers and operate on a seasonal basis. e. Preapplications that are highly leveraged and reflect at least 50 percent of the total development cost being funded by the LH loan and grant program. 2. Preapplications should not exceed $2.5 million in LH loan and grant funds and proposals should reflect economically feasible projects in terms of management and operation. IV. Section 533 Housing Preservation Grants (HPG) A. Amount Available for Allocation. Total available......................................... $11,000,000 Less reserve............................................ 550,000 Less base allocation.................................... 5,300,000 Less administrative allocation.......................... 541,436 --------------- Basic Formula Amount.................................... 4,608,564 B. Base Allocation. The base allocation is $100,000 times 53 states and territories which equals $5.3 million. C. Administrative Allocations. A distribution of funds to certain States to assure that all States receive at least $150,000 of initial allocation. D. Reserve. The National Office reserve is 5 percent of the total funds available. The reserve is for emergency and projects in targeted areas. The request must include sufficient documentation to support the emergency and projects in targeted areas including reasons why it is in the Government's best interest to consider the request. E. Pooling of Funds. Funds in excess of the dollar amount of applications on hand will be pooled in the National Office at a date to be announced. F. Availability of the Allocation. HPG is a competitive grant program. Opening and closing dates for submission of preapplications will be announced. Subsequent to review and ranking of preapplications and submission of final applications, States are authorized to obligate HPG requests in amounts not to exceed those reflected in this Notice. There will be no funds for patchouts or additional projects. V. Exception Authority The Administrator, or designee, may in individual cases, make an exception to any requirements of this Notice which are not inconsistent with the authorizing statute, if he or she finds that application of such requirement would adversely affect the interest of the Government. The Administrator, or his or her designee, also reserves the right to change pooling dates, establish or change minimum and maximum fund usage from set-asides or the reserve, or restrict participation in set- asides and reserves. Single Family Housing (SFH) I. General A. This section provides SFH allocations available to individual States for fiscal year (FY) 1996. Allocation computations have been made in accordance with 7 CFR 1940.563 through 1940.568. B. The SFH loan amounts and grant amounts shown below are based on the total loan levels deliverable with subsidy. The SFH levels authorized for FY 1996 are as follows: Section 502 Guaranteed Rural Housing (RH) Loans Nonsubsidized Guarantees *....................... $1,700,000,000 Subsidized Guarantees............................ 0 Section 502 Direct RH Loans Very Low-income Subsidized Loans *............... 406,498,000 Low-income Subsidized Loans *.................... 609,747,000 Nonsubsidized Loans.............................. 0 Credit Sales......................................... 0 Section 504 Housing Repair Loans *................... 37,798,000 Section 504 Housing Repair Grants **................. 24,900,000 Section 509 Compensation for Construction Defects *.. 495,000 Section 523 Self-Help Site Loans *................... 595,010 Section 523 Self-Help Technical Assistance Grants **. 12,650,000 Section 524 RH Site Loans *.......................... 600,000 Section 525/509 Housing Application Packaging Grants (HAPG) **........................................... 5,191,000 * SFH loan levels deliverable with subsidy. ** Unobligated or canceled funds from prior fiscal years have been added to the amount shown. C. SFH loan and grant types not allocated to States are available on a first-come-first-served basis as follows: 1. Section 502 Direct Nonsubsidized Funds (loan making and servicing). There were no FY 1996 funds designated for loans for nonsubsidized loan making and servicing applicants. Assistance is available for qualified very low- and low-income applicants who are eligible for subsidy, but at the present time the subsidy is not needed. The subsidy will be obtain from the State's subsidized regular funding. 2. Credit Sale Authority. There is no funding provided for credit sales in FY 1996. State Directors are required to maintain an adequate reserve of section 502 loan funds to finance the sale of SFH inventory program property to program eligible buyers. FY 1996 funding for RHCDS nonprogram financing of credit sales is not authorized. 3. Section 509 Compensation for Construction Defects, Section 523 Self-Help Site Loans, Section 523 Self-Help Technical Assistance Grants, and Section 524 RH Site Loans. Funding will be approved by the National Office, SFHPD. 4. Deferred Mortgage Payment Demonstration. Funding will not be provided for deferred mortgage authority or loans for deferred mortgage assumptions. II. State Allocations All allocations have been developed with the methodology and formulas stated in 7 CFR part 1940. The funds distributed to each State for a particular quarter in total may exceed the funds available nationally for all States. Therefore, if funds become exhausted at the National Office level, some States will not have access to the full distribution for the remainder of the quarter. ALL ALLOCATED FUNDS TO STATE OFFICES ARE SUBJECT TO [[Page 63678]] THE AVAILABILITY OF FUNDS AT THE NATIONAL LEVEL. A. Section 502 Nonsubsidized Guaranteed RH Loans. 1. Amount Available for Allocation. Total Available...................................... $1,700,000,000 Less National Office Reserve......................... 255,000,000 Less Base Allocation................................. 0 ------------------ Basic Formula-- Administrative Allocation............ $1,445,000,000 2. Basic Formula Criteria, Data Source, and Weight. See 7 CFR 1940.563(b) Data derived from the 1990 U.S. Census was provided to each State by the National Office on August 12, 1993. 3. Transition Formula. Will not be used in FY 1996. 4. Base Allocation. The base allocation is an amount, if any, above the computed formula allocation necessary for each State to receive a total allocation sufficient to run a viable program (at least $1 million). 5. Administrative Allocation. Due to the absence of Census Data, the Western Pacific Areas will receive an administrative allocation. 6. General Reserve. Requests for National Office reserve funds will be considered on a first-come-first-served basis. 7. Pooling of Funds. There will be no mid-year pooling. Year-end pooling is tentatively scheduled for close of business on August 12, 1996. Pooled funds will be placed in the National Office reserve and will be made available administratively. 8. Availability of the Allocation. Funds will be distributed cumulatively by quarters as follows: 45 percent through the first quarter, 75 percent through the second quarter, 95 percent through the third quarter, and 100 percent in the fourth quarter until the National Office year-end pooling date. 9. Suballocation by the State Director. The State Director will retain these funds at the State Office level. Funds will not be suballocated to District or County Offices. B. Section 502 Direct RH Loans 1. Amount Available for Allocation. Total Available...................................... $1,016,244,245 Less General Reserve................................. 30,000,000 Less Designated Reserves............................. 120,000,000 ------------------ Basic Formula--Administrative Allocation............. $866,244,245 2. Basic Formula Criteria, Data Source, and Weight. See 7 CFR 1940.565(b). Data derived from the 1990 U.S. Census was provided to each State by the National Office on August 12, 1993. 3. Transition Formula. Will not be used in FY 1996. 4. Base Allocation. Will not be used in FY 1996. 5. Administrative Allocation. Due to the absence of Census Data, the Western Pacific Areas will receive an administrative allocation. 6. Reserve. a. State Office Reserve. State Directors must maintain an adequate reserve to fund the following applications: (i) Hardship applications. Hardship is determined by the State Director on a case-by-case basis and must include applications from persons living in deficient housing for more than 6 months. (ii) The State's portion of funds for Mutual Self-Help loans. (iii) Subsequent loans for essential improvements or repairs and in connection with transfers with assumptions of the RHCDS indebtedness. (iv) Financing for the purchase of Government owned inventory properties. (v) State Directors are required to set aside not more than 20 percent of their initial low-income allocation for participation in leveraging Section 502 Direct loan funds. A reserve for very low-income participation is not required, but may be established if significant activity is anticipated by the State Director. b. National Office Reserves. (i) General Reserve. The total allocated FY 1996 general reserve contains $30 million. The reserve funds will be limited to providing funds to States for extreme hardship cases. FUNDING WILL NOT BE AVAILABLE UNTIL THE BEGINNING OF THE THIRD QUARTER. (A) For the Section 502 Direct Loan Program, an extreme hardship case exists when: (1) An individual or family is currently without housing and is unable to find shelter on a temporary basis with other family members, relatives, or friends, or the applicant is occupying a structure that has been recently condemned by local authorities; or (2) The family is unable to obtain an adequate rental unit because: (a) Such units are not available in the local market; or (b) The family cannot afford the interim move due to money, health reasons, adequacy of optioned housing, importance of location of optioned house, etc.; or (c) The hardship has been caused by fire, flooding, hurricane, tornado, or other causes beyond the applicant's control. (B) Certain subsequent loans may be made in conjunction with a transfer or assumption, if the loan amount is very small and the hardship is determined to be unique. (C) Based upon need and projected availability of unobligated funds, the Administrator reserves the right to permit expanded access to funds from the National Office without notice in the Federal Register. (ii) Designated Reserves. (A) Targeted Reserve. Of the FY 1996 Section 502 funds, $46 million will be held in the National Office reserve for targeted counties. Designated funds will be allotted 60 percent for low-income and 40 percent for very low-income applicants. These funds will be subject to year-end pooling requirements. (1) Funds will be distributed cumulatively by quarters as follows: 40 percent through the first quarter, 70 percent through the second quarter, 90 percent through the third quarter, and 100 percent in the fourth quarter until the National Office year-end pooling date. (2) The targeted reserve must be set aside and used for areas identified in the States' FY 1996 annual performance goals such as the underserved counties; nonmetro counties with persistent poverty; Indian reservations; colonias; Empowerment Zones/Enterprise Communities (EZ/ ECs), Pacific Northwest areas; the Appalachia; Mississippi Delta Region; and communities with special needs that have not been adequately served during the last 5 years. (B) Demonstration Housing Program: Section 502 RH funds in the amount of $4 million have been set aside for demonstration housing concepts which were identified by the National Office for approval in FY 1995. Designated funds will be allotted 60 percent for low-income and 40 percent for very low-income. All funds are subject to the pooling requirements of 7 CFR part 1940 subpart L. (C) Matching Funds for States with Approved Mutual Self-Help Housing Grants. THE AMOUNT OF $70 MILLION OF FY 1996 SECTION 502 FUNDS HAS BEEN SET ASIDE FOR MATCHING FUNDS ON THE BASIS OF THE NATIONAL OFFICE CONTRIBUTING 75 PERCENT FROM THE NATIONAL OFFICE RESERVE TO AN INDIVIDUAL STATE CONTRIBUTING 25 PERCENT OF ALLOCATED SECTION 502 RH FUNDS USED OR THE GRANTEE [[Page 63679]] CONTRIBUTING 25 PERCENT TO ASSIST PARTICIPATING SELF-HELP FAMILIES. Funds are to be requested for the participating family at the time of loan approval and are subject to the pooling requirements of 7 CFR part 1940 subpart L. Reimbursement funds will be reimbursed at a rate of 60 percent for low-income and 40 percent for very low-income funds. States will be responsible for adjusting very low-/low-income funding activity within their state to compensate for the Mutual and Self-Help Program obligations differing significantly from the 40/60 percent allocation ratio. 7. Pooling of Funds. a. State Office Pooling. If pooling is conducted within a State, it must not take place within the first 30 calendar days of the first, second, or third quarter. (There are no restrictions on pooling in the fourth quarter.) The pooled funds may be redistributed by the State Director provided the State Director has determined that the pooled funds could not be used in the field offices receiving the funds allocated in accordance with 7 CFR part 1940 subpart L. b. National Office Pooling. There will be no mid-year pooling. Year-end pooling is tentatively scheduled for close of business August 12, 1996. Year-end pooled funds will be placed in the National Office reserve and will be made available administratively. 8. Availability of the Allocation. The Housing Act of 1949, as amended, provides that not less than 40 percent of the funds be made available for very low-income Section 502 loan applicants. Funds will be distributed by quarters, cumulatively, as follows: 40 percent through the first quarter, 70 percent through the second quarter, 90 percent through the third quarter, and 100 percent in the fourth quarter until the National Office year-end pooling date. 9. Suballocation by the State Director. The State Director must suballocate to each District Office using the methodology and formulas required by 7 CFR part 1940, subpart L. The District Director will make funds available on a first-come-first-served basis to all field offices in the district. No County Office will have its access to funds restricted without the prior written approval of the Administrator. C. Section 504 Housing Repair Loans and Grants. 1. Amount Available for Allocations. Section 504 Loans Total Available......................................... $37,798,000 Less General Reserve.................................... 3,800,000 Less Designated Targeted Reserve........................ 1,900,000 --------------- Basic Formula--Administrative Allocation................ 32,098,000 Section 504 Grants Total Available......................................... 24,900,000 Less General Reserve.................................... 2,490.000 Less Designated Targeted Reserve........................ 1,245,000 --------------- Basic Formula--Administrative Allocation................ 21,165,000 2. Basic Formula Criteria, Data Source, and Weight. See 7 CFR 940.566(b). Data derived from the 1990 U.S. Census was provided to each State by the National Office on August 12, 1993. This data must be used if funds are suballocated to District Offices. 3. Transition Formula and Base Allocation. Will not be used in FY 1996. 4. Administrative Allocation. Due to the absence of Census Data, the Western Pacific Areas received an administrative allocation. 5. Reserve. a. State Office Reserve. State Directors must maintain an adequate reserve to fund hardship applications. Hardships will be determined by the State Director on a case-by-case basis. b. National Office Reserves. (i) General Reserve. The total allocated FY 1996 funds contain only 10 percent for the general reserve. Use of these reserve funds will be limited to providing funds to States for extreme hardship cases. An extreme hardship case is defined as an individual case with significant priority in funding, ahead of other requests, due to severe health or safety hazards, or physical needs of the applicant or community. The priority may be related to sanitation hazards, or impending climatic hazards which are above average and should receive priority for funds. Based upon need and projected availability of unobligated funds, the Administrator reserves the right to permit expanded access to funds from the National Office without notice in the Federal Register. All funds allocated to states are subject to the availability of funds at the National Level. (ii) Targeted Reserve. Of the FY 1996 Section 504 loan and grant appropriations, $1.9 million and $1.245 million, respectively will be held in the National Office's reserve for the targeted counties. These funds will be subject to year-end pooling requirements. 7. Pooling of Funds. There will be no mid-year pooling. Year-end pooling is tentatively scheduled for close of business on August 12, 1996. Pooled funds will be placed in the National Office reserve and will be made available administratively. 8. Availability of the Allocation. Funds will be distributed by quarters cumulatively as follows: 40 percent through the first quarter, 70 percent through the second quarter, 90 percent through the third quarter, and 100 percent in the fourth quarter until the National Office year-end pooling date. D. Sections 525/509 HAPG. 1. Amount Available for Allocations. Total Available (Carry-over Funds)...................... $5,191,000 Less General Reserve.................................... 391,000 Basic Formula Amount: Sections 502/504 Loans and Grants..................... 3,000,000 Sections 514/516, 515, 524, and 533................... 1,000,000 2. Basic Formula Criteria, Data Source, and Weight. For Sections 502/504 loan and grant programs, each participating State's funds will be based on its number of eligible counties or colonias, with each State receiving a pro rata share of the total funds available. For Sections 514/516, 515, 524, and 533 programs, $1 million has been set aside in the National Office, on a first-come-first-served basis. 3. Transition Formula, Base Allocation and Administrative Allocation. Will not be used in FY 1996. 4. General Reserve. Requests for National Office reserve funds will be considered on a first-come-first-served basis. 5. Pooling of Funds. Year-end pooling is tentatively scheduled for close of business August 12, 1996. Pooled funds will be placed in the National Office reserve and will be made available administratively. 6. Availability of the Allocation. Funds will be distributed cumulatively by quarters as follows: 40 percent through the first quarter, 70 percent through the second quarter, 90 percent through the third quarter, and 100 percent in the fourth quarter until the National Office year-end pooling date. III. Exception Authority The Administrator, or designee, may, in individual cases, make an exception to any requirements of this attachment which are not inconsistent with the authorizing statute, if the Administrator or designee finds that application of such requirement would adversely affect the interest of the Government. The Administrator, or designee, also reserves the right to change pooling dates, establish or change minimum and maximum fund usage from set asides and the reserve, or restrict participation in set asides and reserves. The following spreadsheets contain the allocation of FY 1996 MFH and SFH [[Page 63680]] loan and grant funds to individual States: Dated: December 4, 1995. Jan E. Shadburn, Acting Administrator, Rural Housing and Community Development Service. Section 515 Rural Rental Housing Program Allocations [Fiscal year 1996] -------------------------------------------------------------------------------------------------------------------------------------------------------- 1995 Formula Loan Base/Admin Total State weighted RA dollar State factor allocation allocation allocation req.'d RA new constr. value units RA value -------------------------------------------------------------------------------------------------------------------------------------------------------- AL.................................................. 0.02957 $2,751,535 $0 $2,751,535 7 $11,706 $81,942 AK.................................................. 0.00587 546,213 703,787 1,250,000 14 17,844 249,816 AZ.................................................. 0.01780 1,656,318 0 1,656,318 39 14,862 579,618 AR.................................................. 0.02310 2,149,491 0 2,149,491 35 10,766 376,810 CA.................................................. 0.04653 4,329,690 0 4,329,690 65 11,429 742,885 CO.................................................. 0.00840 781,633 468,367 1,250,000 20 11,280 225,600 DE.................................................. 0.00190 176,798 1,073,202 1,250,000 25 15,143 378,575 MD.................................................. 0.00880 818,854 431,146 1,250,000 14 15,074 211,036 FL.................................................. 0.02890 2,689,190 0 2,689,190 0 10,450 0 GA.................................................. 0.03867 3,598,304 0 3,598,304 81 8,556 693,036 HI.................................................. 0.00790 735,107 514,893 1,250,000 12 13,344 160,128 WPA................................................. 0.00647 602,044 647,956 1,250,000 12 11,190 134,280 ID.................................................. 0.00743 691,373 558,627 1,250,000 28 10,865 304,220 IL.................................................. 0.02250 2,093,660 0 2,093,660 0 10,441 0 IN.................................................. 0.02157 2,007,122 0 2,007,122 14 9,181 128,534 IA.................................................. 0.01340 1,246,891 3,109 1,250,000 28 9,584 268,352 KS.................................................. 0.01130 1,051,483 198,517 1,250,000 25 8,551 213,775 KY.................................................. 0.03483 3,240,986 0 3,240,986 75 11,353 851,475 LA.................................................. 0.03170 2,949,735 0 2,949,735 69 12,495 862,155 ME.................................................. 0.00913 849,561 400,439 1,250,000 10 19,311 193,110 MA.................................................. 0.00793 737,899 512,101 1,250,000 14 16,831 235,634 CT.................................................. 0.00453 421,524 828,476 1,250,000 18 13,940 250,920 RI.................................................. 0.00100 93,052 1,156,948 1,250,000 19 16,229 308,351 MI.................................................. 0.02977 2,770,145 0 2,770,145 20 8,239 164,780 MN.................................................. 0.01673 1,556,753 0 1,556,753 17 10,062 171,054 MS.................................................. 0.03180 2,959,040 0 2,959,040 34 11,586 393,924 MO.................................................. 0.02460 2,289,069 0 2,289,069 60 8,073 484,380 MT.................................................. 0.00620 576,920 673,080 1,250,000 10 10,007 100,070 NE.................................................. 0.00713 663,458 586,542 1,250,000 18 8,347 150,246 NV.................................................. 0.00263 244,726 1,005,274 1,250,000 7 13,598 95,186 NJ.................................................. 0.00657 611,349 638,651 1,250,000 23 20,565 472,995 NM.................................................. 0.01437 1,337,151 0 1,337,151 34 13,643 463,862 NY.................................................. 0.02753 2,561,710 0 2,561,710 42 13,255 556,710 NC.................................................. 0.04497 4,184,529 0 4,184,529 18 13,224 238,032 ND.................................................. 0.00413 384,303 865,697 1,250,000 24 9,159 219,816 OH.................................................. 0.03450 3,210,279 0 3,210,279 0 10,001 0 OK.................................................. 0.01917 1,783,799 0 1,783,799 0 10,128 0 OR.................................................. 0.01423 1,324,124 0 1,324,124 5 10,959 54,795 PA.................................................. 0.03687 3,430,812 0 3,430,812 45 11,538 519,210 PR.................................................. 0.04923 4,580,929 0 4,580,929 91 15,902 1,447,082 SC.................................................. 0.02690 2,503,087 0 2,503,087 0 12,315 0 SD.................................................. 0.00597 555,518 694,482 1,250,000 24 12,365 296,760 TN.................................................. 0.02973 2,766,423 0 2,766,423 0 10,044 0 TX.................................................. 0.07645 7,113,793 0 7,113,793 0 10,503 0 UT.................................................. 0.00430 400,122 849,878 1,250,000 20 13,163 263,260 VT.................................................. 0.00403 374,998 875,002 1,250,000 20 16,304 326,080 NH.................................................. 0.00503 468,049 781,951 1,250,000 22 15,581 342,782 VI.................................................. 0.00273 254,031 995,969 1,250,000 20 22,792 455,840 VA.................................................. 0.02660 2,475,172 0 2,475,172 0 10,867 0 WA.................................................. 0.01743 1,621,889 0 1,621,889 36 9,925 357,300 WV.................................................. 0.01937 1,802,409 0 1,802,409 0 9,875 0 WI.................................................. 0.01873 1,742,856 0 1,742,856 36 9,245 332,820 WY.................................................. 0.00307 285,668 964,332 1,250,000 0 10,883 0 DISTR......................................... 1.00000 93,051,574 16,428,426 109,480,000 1,250 15,357,236 --------------------------------------------------------------------------------------------------- N/O RES....................................... 43,000,000 1,550 --------------------------------------------------------------------------------------------------- TTL AVAIL..................................... 152,480,000 2,800 -------------------------------------------------------------------------------------------------------------------------------------------------------- [[Page 63681]] Section 533 Housing Preservation Grant Program [Fiscal year 1996] ---------------------------------------------------------------------------------------------------------------- Basic Basic FY 96 State Base formula formula Admin. allocation allocation factor amount allocation (rounded) ---------------------------------------------------------------------------------------------------------------- ALABAMA..................................... 100,000 0.02957 $136,277 ........... $236,280 ALASKA...................................... 100,000 0.00587 27,053 $22,947 150,000 ARIZONA..................................... 100,000 0.01780 82,033 ........... 182,030 ARKANSAS.................................... 100,000 0.02310 106,459 ........... 206,460 CALIFORNIA.................................. 100,000 0.04653 214,439 ........... 314,440 COLORADO.................................... 100,000 0.00840 38,712 11,288 150,000 CONNECTICUT................................. 100,000 0.00453 20,877 29,123 150,000 DELAWARE.................................... 100,000 0.00190 8,756 41,244 150,000 FLORIDA..................................... 100,000 0.02890 133,189 ........... 233,190 GEORGIA..................................... 100,000 0.03867 178,215 ........... 278,210 HAWAII...................................... 100,000 0.00617 28,435 21,565 150,000 IDAHO....................................... 100,000 0.00743 34,242 15,758 150,000 ILLINOIS.................................... 100,000 0.02250 103,694 ........... 203,690 INDIANA..................................... 100,000 0.02157 99,408 ........... 199,410 IOWA........................................ 100,000 0.01340 61,755 ........... 161,750 KANSAS...................................... 100,000 0.01130 52,077 ........... 152,080 KENTUCKY.................................... 100,000 0.03483 160,518 ........... 260,520 LOUISIANA................................... 100,000 0.03170 146,093 ........... 246,090 MAINE....................................... 100,000 0.00913 42,077 7,923 150,000 MARYLAND.................................... 100,000 0.00880 40,556 9,444 150,000 MASSACHUSETTS............................... 100,000 0.00793 36,546 13,454 150,000 MICHIGAN.................................... 100,000 0.02977 137,198 ........... 237,200 MINNESOTA................................... 100,000 0.01673 77,102 ........... 177,100 MISSISSIPPI................................. 100,000 0.03180 146,554 ........... 246,550 MISSOURI.................................... 100,000 0.02460 113,372 ........... 213,370 MONTANA..................................... 100,000 0.00620 28,573 21,427 150,000 NEBRASKA.................................... 100,000 0.00713 32,859 17,141 150,000 NEVADA...................................... 100,000 0.00263 12,121 37,879 150,000 NEW HAMPSHIRE............................... 100,000 0.00503 23,181 26,819 150,000 NEW JERSEY.................................. 100,000 0.00657 30,279 19,721 150,000 NEW MEXICO.................................. 100,000 0.01437 66,226 ........... 166,230 NEW YORK.................................... 100,000 0.02753 126,875 ........... 226,880 NORTH CAROLINA.............................. 100,000 0.04497 207,249 ........... 307,250 NORTH DAKOTA................................ 100,000 0.00413 19,034 30,966 150,000 OHIO........................................ 100,000 0.03450 158,997 ........... 259,000 OKLAHOMA.................................... 100,000 0.01917 88,347 ........... 188,350 OREGON...................................... 100,000 0.01423 65,581 ........... 165,580 PENNSYLVANIA................................ 100,000 0.03687 169,919 ........... 269,920 PUERTO RICO................................. 100,000 0.04923 226,882 ........... 326,880 RHODE ISLAND................................ 100,000 0.00105 4,839 45,161 150,000 SOUTH CAROLINA.............................. 100,000 0.02690 123,972 ........... 223,970 SOUTH DAKOTA................................ 100,000 0.00597 27,513 22,487 150,000 TENNESSEE................................... 100,000 0.02973 137,014 ........... 237,010 TEXAS....................................... 100,000 0.07639 352,052 ........... 452,050 UTAH........................................ 100,000 0.00430 19,817 30,183 150,000 VERMONT..................................... 100,000 0.00403 18,573 31,427 150,000 VIRGINIA.................................... 100,000 0.02660 122,589 ........... 222,590 VIRGIN ISLAND............................... 100,000 0.00273 12,582 37,418 150,000 WASHINGTON.................................. 100,000 0.01743 80,328 ........... 180,330 W. PACIFIC TERR............................. 100,000 0.00820 37,791 12,209 150,000 WEST VIRGINIA............................... 100,000 0.01937 89,269 ........... 189,270 WISCONSIN................................... 100,000 0.01873 86,319 ........... 186,320 WYOMING..................................... 100,000 0.00307 14,148 35,852 150,000 ------------------------------------------------------------------- STATE TOTALS.............................. 5,300,000 ........... 4,608,564 541,436 10,450,000 ------------------------------------------------------------------- N.O. RESERVES............................. 550,000 ........... ........... ........... 550,000 ADMIN. ALLOCATION......................... 541,436 ........... ........... ........... .............. ------------------------------------------------------------------- TOTAL ALLOCATION...................... ........... ........... ........... ........... 11,000,000 ---------------------------------------------------------------------------------------------------------------- Section 502 Guaranteed Loans (Nonsubsidized) ---------------------------------------------------------------------------------------------------------------- State basic State basic formula/ Total FY 1996 States formula factor administrative allocation allocation ---------------------------------------------------------------------------------------------------------------- ALABAMA......................................................... 0.0253847 36,656 36,656 [[Page 63682]] ALASKA.......................................................... 0.0061561 8,889 8,889 ARIZONA......................................................... 0.0155290 22,424 22,424 ARKANSAS........................................................ 0.0213661 30,853 30,853 CALIFORNIA...................................................... 0.0524861 75,790 75,790 COLORADO........................................................ 0.0100701 14,541 14,541 DELAWARE........................................................ 0.0024043 3,472 3,472 MARYLAND........................................................ 0.0104750 15,126 15,126 FLORIDA......................................................... 0.0308357 44,527 44,527 GEORGIA......................................................... 0.0385293 55,636 55,636 HAWAII.......................................................... 0.0083323 12,032 12,032 W. PACIFIC AREAS *.............................................. N/A 1,000 1,000 IDAHO........................................................... 0.0077774 11,231 11,231 ILLINOIS........................................................ 0.0256395 37,023 37,023 INDIANA......................................................... 0.0236023 34,082 34,082 IOWA............................................................ 0.0151422 21.865 21.865 KANSAS.......................................................... 0.0123032 17,766 17,766 KENTUCKY........................................................ 0.0286790 41,412 41,412 LOUISIANA....................................................... 0.0256223 36,999 36,999 MAINE........................................................... 0.0113916 16,450 16,450 MASSACHUSETTS................................................... 0.0117468 16,962 16,962 CONNECTICUT..................................................... 0.0065708 9,488 9,488 RHODE ISLAND.................................................... 0.0017216 2,486 2,486 MICHIGAN........................................................ 0.0337181 48,689 48,689 MINNESOTA....................................................... 0.0184738 26,676 26,676 MISSISSIPPI..................................................... 0.0259670 37,496 37,496 MISSOURI........................................................ 0.0253687 36,632 36,632 MONTANA......................................................... 0.0067138 9,695 9,695 NEBRASKA........................................................ 0.0083216 12,016 12,016 NEVADA.......................................................... 0.0029735 4,294 4,294 NEW JERSEY...................................................... 0.0091825 13,260 13,260 NEW MEXICO...................................................... 0.0117200 16,924 16,924 NEW YORK........................................................ 0.0369739 53,390 53,390 NORTH CAROLINA.................................................. 0.0471742 68,119 68,119 NORTH DAKOTA.................................................... 0.0040847 5,898 5,898 OHIO............................................................ 0.0378081 54,595 54,595 OKLAHOMA........................................................ 0.0175713 25,373 25,373 OREGON.......................................................... 0.0166212 24,001 24,001 PENNSYLVANIA.................................................... 0.0438367 63,300 63,300 PUERTO RICO..................................................... 0.0250931 36,234 36,234 SOUTH CAROLINA.................................................. 0.0249510 36,029 36,029 SOUTH DAKOTA.................................................... 0.0065435 9,449 9,449 TENNESSEE....................................................... 0.0276859 39,978 39,978 TEXAS........................................................... 0.0665018 96,029 96,029 UTAH............................................................ 0.0039861 5,756 5,756 VERMONT......................................................... 0.0057475 8,299 8,299 NEW HAMPSHIRE................................................... 0.0075234 10,864 10,864 VIRGIN ISLANDS.................................................. 0.0027236 3,933 3,933 VIRGINIA........................................................ 0.0278404 40,201 40,201 WASHINGTON...................................................... 0.0200905 29,011 29,011 WEST VIRGINIA................................................... 0.0172518 24,912 24,912 WISCONSIN....................................................... 0.0222867 32,182 32,182 WYOMING......................................................... 0.0035006 5,055 5,055 ----------------------------------------------- STATE TOTALS.................................................. 1,0000000 1,455,000 1,455,000 GENERAL RESERVE............................................... .............. .............. 255,000 DESIGNATED RESERVES........................................... .............. .............. 0 ----------------------------------------------- TOTAL..................................................... .............. .............. 1,700,000 ---------------------------------------------------------------------------------------------------------------- * Denotes Administrative Allocation. Section 502 Direct Rural Housing Loans ---------------------------------------------------------------------------------------------------------------- State basic State basic formula/ Total FY 1996 States formula factor administrative allocation allocation ---------------------------------------------------------------------------------------------------------------- ALABAMA......................................................... 0.0267275 23,056 23,056 ALASKA.......................................................... 0.0055160 4,758 4,758 [[Page 63683]] ARIZONA......................................................... 0.0145422 12,545 12,545 ARKANSAS........................................................ 0.0208104 17,952 17,952 CALIFORNIA...................................................... 0.0454819 39,234 39,234 COLORADO........................................................ 0.0091766 7,916 7,916 DELAWARE........................................................ 0.0024571 2,120 2,120 MARYLAND........................................................ 0.0115334 9,949 9,949 FLORIDA......................................................... 0.0312406 26,949 26,949 GEORGIA......................................................... 0.0374586 32,313 32,313 HAWAII.......................................................... 0.0067195 5,796 5,796 W. PACIFIC AREAS *.............................................. N/A 3,610 3,610 IDAHO........................................................... 0.0076722 6,618 6,618 ILLINOIS........................................................ 0.0266774 23,013 23,013 INDIANA......................................................... 0.0270785 23,359 23,359 IOWA............................................................ 0.0163474 14,102 14,102 KANSAS.......................................................... 0.0127369 10,987 10,987 KENTUCKY........................................................ 0.0288838 24,916 24,916 LOUISIANA....................................................... 0.0246715 21,283 21,283 MAINE........................................................... 0.0108314 9,344 9,344 MASSACHUSETTS................................................... 0.0109818 9,473 9,473 CONNECTICUT..................................................... 0.0066693 5,753 5,753 RHODE ISLAND.................................................... 0.0015545 1,341 1,341 MICHIGAN........................................................ 0.0353525 30,496 30,496 MINNESOTA....................................................... 0.0199077 17,173 17,173 MISSISSIPPI..................................................... 0.0250226 21,585 21,585 MISSOURI........................................................ 0.0252733 21,802 21,802 MONTANA......................................................... 0.0063685 5,494 5,494 NEBRASKA........................................................ 0.0086752 7,483 7,483 NEVADA.......................................................... 0.0028583 2,466 2,466 NEW JERSEY...................................................... 0.0097784 8,435 8,435 NEW MEXICO...................................................... 0.0110320 9,517 9,517 NEW YORK........................................................ 0.0359041 30,972 30,972 NORTH CAROLINA.................................................. 0.0484405 41,786 41,786 NORTH DAKOTA.................................................... 0.0045131 3,893 3,893 OHIO............................................................ 0.0390131 33,654 33,654 OKLAHOMA........................................................ 0.0174005 15,010 15,010 OREGON.......................................................... 0.0154949 13,366 13,366 PENNSYLVANIA.................................................... 0.0467857 40,359 40,359 PUERTO RICO..................................................... 0.0239695 20,677 20,677 SOUTH CAROLINA.................................................. 0.0258249 22,277 22,277 SOUTH DAKOTA.................................................... 0.0062682 5,407 5,407 TENNESSEE....................................................... 0.0291846 25,176 25,176 TEXAS........................................................... 0.0660415 56,971 56,971 UTAH............................................................ 0.0040618 3,504 3,504 VERMONT......................................................... 0.0052653 4,542 4,542 NEW HAMPSHIRE................................................... 0.0072711 6,272 6,272 VIRGIN ISLANDS.................................................. 0.0020058 1,730 1,730 VIRGINIA........................................................ 0.0289841 25,003 25,003 WASHINGTON...................................................... 0.0187042 16,135 16,135 WEST VIRGINIA................................................... 0.0175008 15,097 15,097 WISCONSIN....................................................... 0.0237188 20,461 20,461 WYOMING......................................................... 0.0036105 3,115 3,115 ----------------------------------------------- STATE TOTALS.............................................. 1.0000000 866,245 866,245 ----------------------------------------------- GENERAL RESERVE............................................... .............. .............. 30,000 DESIGNATED RESERVES........................................... .............. .............. 120,000 ----------------------------------------------- TOTAL..................................................... .............. .............. 1,016,245 ---------------------------------------------------------------------------------------------------------------- *Denotes Administrative Allocation. Section 502 Direct Rural Housing Loans ---------------------------------------------------------------------------------------------------------------- Very low- Total FY 1995 income Low-income States allocation allocation 40 allocation 60 percent percent ---------------------------------------------------------------------------------------------------------------- ALABAMA......................................................... 23,056 9,223 13,833 ALASKA.......................................................... 4,758 1,904 2,854 [[Page 63684]] ARIZONA......................................................... 12,545 5,018 7,527 ARKANSAS........................................................ 17,952 7,181 10,771 CALIFORNIA...................................................... 39,234 15,694 23,540 COLORADO........................................................ 7,916 3,167 4,749 DELAWARE........................................................ 2,120 848 1,272 MARYLAND........................................................ 9,949 3,980 5,969 FLORIDA......................................................... 26,949 10,780 16,169 GEORGIA......................................................... 32,313 12,926 19,387 HAWAII.......................................................... 5,796 2,319 3,477 W. PACIFIC AREAS................................................ 3,610 1,444 2,166 IDAHO........................................................... 6,618 2,648 3,970 ILLINOIS........................................................ 23,013 9,206 13,807 INDIANA......................................................... 23,359 9,344 14,015 IOWA............................................................ 14,102 5,641 8,461 KANSAS.......................................................... 10,987 4,395 6,592 KENTUCKY........................................................ 24,916 9,967 14,949 LOUISIANA....................................................... 21,283 8,514 12,769 MAINE........................................................... 9,344 3,738 5,606 MASSACHUSETTS................................................... 9,473 3,790 5,683 CONNECTICUT..................................................... 5,753 2,302 3,451 RHODE ISLAND.................................................... 1,341 537 804 MICHIGAN........................................................ 30,496 12,199 18,297 MINNESOTA....................................................... 17,173 6,870 10,303 MISSISSIPPI..................................................... 21,585 8,634 12,951 MISSOURI........................................................ 21,802 8,721 13,081 MONTANA......................................................... 5,494 2,198 3,296 NEBRASKA........................................................ 7,483 2,994 4,489 NEVADA.......................................................... 2,466 987 1,479 NEW JERSEY...................................................... 8,435 3,374 5,061 NEW MEXICO...................................................... 9,517 3,807 5,710 NEW YORK........................................................ 30,972 12,389 18,583 NORTH CAROLINA.................................................. 41,786 16,715 25,071 NORTH DAKOTA.................................................... 3,893 1,558 2,335 OHIO............................................................ 33,654 13,462 20,192 OKLAHOMA........................................................ 15,010 6,004 9,006 OREGON.......................................................... 13,366 5,347 8,019 PENNSYLVANIA.................................................... 40,359 16,144 24,215 PUERTO RICO..................................................... 20,677 8,271 12,406 SOUTH CAROLINA.................................................. 22,277 8,911 13,366 SOUTH DAKOTA.................................................... 5,407 2,163 3,244 TENNESEE........................................................ 25,176 10,071 15,105 TEXAS........................................................... 56,971 22,767 34,204 UTAH............................................................ 3,504 1,402 2,102 VERMONT......................................................... 4,542 1,817 2,725 NEW HAMPSHIRE................................................... 6,272 2,509 3,763 VIRGIN ISLANDS.................................................. 1,730 692 1,038 VIRGINIA........................................................ 25,003 10,002 15,001 WASHINGTON...................................................... 16,135 6,454 9,681 WEST VIRGINIA................................................... 15,097 6,039 9,058 WISCONSIN....................................................... 20,461 8,185 12,276 WYOMING......................................................... 3,115 1,246 1,869 ----------------------------------------------- STATE TOTALS.............................................. 866,245 346,498 519,747 ----------------------------------------------- GENERAL RESERVE............................................... 30,000 12,000 18,000 DESIGNATED RESERVES........................................... 120,000 48,000 72,000 ----------------------------------------------- TOTAL..................................................... 1,016,245 406,498 609,747 ---------------------------------------------------------------------------------------------------------------- Single Family Housing Targeted Funds ---------------------------------------------------------------------------------------------------------------- Section 502 Section 504 Section 502 direct Section 502 Section 504 repair States direct loans direct repair grants loans base formula loans total loans total total allocation alloc allocation allocation allocation ---------------------------------------------------------------------------------------------------------------- ALABAMA........................................ 300 695 995 25 20 ALASKA......................................... 300 143 443 25 20 ARIZONA........................................ 300 378 678 25 20 [[Page 63685]] ARKANSAS....................................... 300 541 841 25 20 CALIFORNIA..................................... 300 1,183 1,483 25 20 COLORADO....................................... 300 239 539 25 20 DELAWARE....................................... 300 64 364 25 20 MARYLAND....................................... 300 300 600 25 20 FLORIDA........................................ 300 812 1,112 25 20 GEORGIA........................................ 300 974 1,274 25 20 HAWAII......................................... 300 175 475 25 20 W. PACIFIC AREAS *............................. 300 93 393 25 20 IDAHO.......................................... 300 200 500 25 20 ILLINOIS....................................... 300 694 994 25 20 INDIANA........................................ 300 704 1,004 25 20 IOWA........................................... 300 425 725 25 20 KANSAS......................................... 300 331 631 25 20 KENTUCKY....................................... 300 751 1,051 25 20 LOUISIANA...................................... 300 642 942 25 20 MAINE.......................................... 300 282 582 25 20 MASSACHUSETTS.................................. 300 286 586 25 20 CONNECTICUT.................................... 300 173 473 25 20 RHODE ISLAND................................... 300 40 340 25 20 MICHIGAN....................................... 300 919 1,219 25 20 MINNESOTA...................................... 300 518 818 25 20 MISSISSIPPI.................................... 300 651 951 25 20 MISSOURI....................................... 300 657 957 25 20 MONTANA........................................ 300 166 466 25 20 NEBRASKA....................................... 300 226 526 25 20 NEVADA......................................... 300 74 374 25 20 NEW JERSEY..................................... 300 254 554 25 20 NEW MEXICO..................................... 300 287 587 25 20 NEW YORK....................................... 300 934 1,234 25 20 NORTH CAROLINA................................. 300 1,260 1,560 25 20 NORTH DAKOTA................................... 300 117 417 25 20 OHIO........................................... 300 1,015 1,315 25 20 OKLAHOMA....................................... 300 453 753 25 20 OREGON......................................... 300 403 703 25 20 PENNSYLVANIA................................... 300 1,217 1,517 25 20 PUERTO RICO.................................... 300 623 923 25 20 SOUTH CAROLINA................................. 300 672 972 25 20 SOUTH DAKOTA................................... 300 163 463 25 20 TENNESSEE...................................... 300 759 1,059 25 20 TEXAS.......................................... 300 1,717 2,017 25 20 UTAH........................................... 300 106 406 25 20 VERMONT........................................ 300 137 437 25 20 NEW HAMPSHIRE.................................. 300 189 489 25 20 VIRGIN ISLANDS................................. 300 52 352 25 20 VIRGINIA....................................... 300 754 1,054 25 20 WASHINGTON..................................... 300 486 786 25 20 WEST VIRGINIA.................................. 300 455 755 25 20 WISCONSIN...................................... 300 617 917 25 20 WYOMING........................................ 300 94 394 25 20 ---------------------------------------------------------------- TOTAL ALLOCATED.............................. 15,900 26,100 42,000 1,325 1,060 N.O. RESERVES................................ ........... ........... 4,000 575 185 ---------------------------------------------------------------- TOTALS................................... ........... ........... 46,000 1,900 1,245 ---------------------------------------------------------------------------------------------------------------- * Denotes Administrative Allocation. Section 504 Rural Housing Loans ---------------------------------------------------------------------------------------------------------------- State Basic State basic formula/ Total FY 1996 States formula factor administrative allocation allocation ---------------------------------------------------------------------------------------------------------------- ALABAMA......................................................... 0.0291457 866 866 ALASKA.......................................................... 0.0080402 239 239 ARIZONA......................................................... 0.0201005 597 597 ARKANSAS........................................................ 0.0226131 672 672 CALIFORNIA...................................................... 0.0532663 1,582 1,582 [[Page 63686]] COLORADO........................................................ 0.0085427 254 254 DELAWARE........................................................ 0.0020101 60 60 MARYLAND........................................................ 0.0095477 284 284 FLORIDA......................................................... 0.0296482 880 880 GEORGIA......................................................... 0.0396985 1,179 1,179 HAWAII.......................................................... 0.0100503 298 298 W. PACIFIC AREAS *.............................................. N/A 2,400 2,400 IDAHO........................................................... 0.0075377 224 224 ILLINOIS........................................................ 0.0226131 672 672 INDIANA......................................................... 0.0221106 657 657 IOWA............................................................ 0.0130653 388 388 KANSAS.......................................................... 0.0115578 343 343 KENTUCKY........................................................ 0.0321608 955 955 LOUISIANA....................................................... 0.0296482 880 880 MAINE........................................................... 0.0100503 298 298 MASSACHUSETTS................................................... 0.0080402 239 239 CONNECTICUT..................................................... 0.0040201 119 119 RHODE ISLAND.................................................... 0.0010050 30 30 MICHIGAN........................................................ 0.0291457 866 866 MINNESOTA....................................................... 0.0175879 522 522 MISSISSIPPI..................................................... 0.0301508 895 895 MISSOURI........................................................ 0.0241206 716 716 MONTANA......................................................... 0.0060302 179 179 NEBRASKA........................................................ 0.0070352 209 209 NEVADA.......................................................... 0.0030151 90 90 NEW JERSEY...................................................... 0.0070352 209 209 NEW MEXICO...................................................... 0.0150754 448 448 NEW YORK........................................................ 0.0286432 851 851 NORTH CAROLINA.................................................. 0.0477387 1,418 1,418 NORTH DAKOTA.................................................... 0.0040201 119 119 OHIO............................................................ 0.0331658 985 985 OKLAHOMA........................................................ 0.0175879 522 522 OREGON.......................................................... 0.0150754 448 448 PENNSYLVANIA.................................................... 0.0371859 1,104 1,104 PUERTO RICO..................................................... 0.0341709 1,015 1,015 SOUTH CAROLINA.................................................. 0.0281407 836 836 SOUTH DAKOTA.................................................... 0.0060302 179 179 TENNESSEE....................................................... 0.0296482 880 880 TEXAS........................................................... 0.0783920 2,329 2,329 UTAH............................................................ 0.0040201 119 119 VERMONT......................................................... 0.0045226 134 134 NEW HAMPSHIRE................................................... 0.0055276 164 164 VIRGIN ISLANDS.................................................. 0.0030151 90 90 VIRGINIA........................................................ 0.0296482 880 880 WASHINGTON...................................................... 0.0185930 552 552 WEST VIRGINIA................................................... 0.0180905 537 537 WISCONSIN....................................................... 0.0195980 582 582 WYOMING......................................................... 0.0035176 104 104 ----------------------------------------------- STATE TOTALS.............................................. 1.0000000 32,098 32,098 ----------------------------------------------- GENERAL RESERVE........................................... .............. .............. 3,800 DESIGNATED RESERVES....................................... .............. .............. 1,900 ----------------------------------------------- TOTAL..................................................... .............. .............. 37,798 ---------------------------------------------------------------------------------------------------------------- * Denotes Administrative Allocation. Section 504 Rural Housing Grants ---------------------------------------------------------------------------------------------------------------- State basic State basic formula/ Total FY 1996 States formula factor administrative allocation allocation ---------------------------------------------------------------------------------------------------------------- ALABAMA......................................................... 0.0281124 579 579 ALASKA.......................................................... 0.0056894 117 117 ARIZONA......................................................... 0.0170683 352 352 ARKANSAS........................................................ 0.0224230 462 462 CALIFORNIA...................................................... 0.0481928 993 993 [[Page 63687]] COLORADO........................................................ 0.0083668 172 172 DELAWARE........................................................ 0.0023427 48 48 MARYLAND........................................................ 0.0100402 207 207 FLORIDA......................................................... 0.0341365 703 703 GEORGIA......................................................... 0.0368139 759 759 HAWAII.......................................................... 0.0076975 159 159 W. PACIFIC AREAS*............................................... N/A 560 560 IDAHO........................................................... 0.0073628 152 152 ILLINOIS........................................................ 0.0264391 545 545 INDIANA......................................................... 0.0244311 503 503 IOWA............................................................ 0.0163989 338 338 KANSAS.......................................................... 0.0133869 276 276 KENTUCKY........................................................ 0.0297858 614 614 LOUISIANA....................................................... 0.0261044 538 538 MAINE........................................................... 0.0103748 214 214 MASSACHUSETTS................................................... 0.0097055 200 200 CONNECTICUT..................................................... 0.0053548 110 110 RHODE ISLAND.................................................... 0.0013387 28 28 MICHIGAN........................................................ 0.0317938 655 655 MINNESOTA....................................................... 0.0197456 407 407 MISSISSIPPI..................................................... 0.0271084 559 559 MISSOURI........................................................ 0.0257697 531 531 MONTANA......................................................... 0.0060241 124 124 NEBRASKA........................................................ 0.0087015 179 179 NEVADA.......................................................... 0.0026774 55 55 NEW JERSEY...................................................... 0.0083668 172 172 NEW MEXICO...................................................... 0.0123829 255 255 NEW YORK........................................................ 0.0324632 669 669 NORTH CAROLINA.................................................. 0.0471888 972 972 NORTH DAKOTA.................................................... 0.0046854 97 97 OHIO............................................................ 0.0361446 745 745 OKLAHOMA........................................................ 0.0184070 379 379 OREGON.......................................................... 0.0157296 324 324 PENNSYLVANIA.................................................... 0.0438420 903 903 PUERTO RICO..................................................... 0.0264391 545 545 SOUTH CAROLINA.................................................. 0.0261044 538 538 SOUTH DAKOTA.................................................... 0.0063588 131 131 TENNESSEE....................................................... 0.0294511 607 607 TEXAS........................................................... 0.0716198 1,476 1,476 UTAH............................................................ 0.0036814 76 76 VERMONT......................................................... 0.0046854 97 97 NEW HAMPSHIRE................................................... 0.0060241 124 124 VIRGIN ISLANDS.................................................. 0.0023427 48 48 VIRGINIA........................................................ 0.0284471 586 586 WASHINGTON...................................................... 0.0184070 379 379 WEST VIRGINIA................................................... 0.0180723 372 372 WISCONSIN....................................................... 0.0224230 462 462 WYOMING......................................................... 0.0033467 69 69 ----------------------------------------------- STATE TOTALS.............................................. 1.000000 21,165 21,165 ----------------------------------------------- GENERAL RESERVE............................................... .............. .............. 2,490 DESIGNATED RESERVES........................................... .............. .............. 1,245 ----------------------------------------------- TOTAL..................................................... .............. .............. 24,900 ---------------------------------------------------------------------------------------------------------------- * Denotes Administrative Allocation. Section 525/509 Housing Application Packaging Grant Funds ---------------------------------------------------------------------------------------------------------------- Number of Number of State basic State packaging States counties formula factor allocation grants per eligible allocation ---------------------------------------------------------------------------------------------------------------- ALABAMA.................................................. 13 0.0431894 164 328 ALASKA................................................... 5 0.0166113 63 126 ARIZONA.................................................. 8 0.0265781 101 202 ARKANSAS................................................. 5 0.0166113 63 126 CALIFORNIA............................................... 3 0.0099668 38 76 [[Page 63688]] COLORADO................................................. 1 0.0033223 13 25 FLORIDA.................................................. 2 0.0066445 25 50 GEORGIA.................................................. 22 0.0730897 278 555 IDAHO.................................................... 1 0.0033223 13 25 KENTUCKY................................................. 25 0.0830565 316 631 LOUISIANA................................................ 10 0.0332226 126 252 MISSISSIPPI.............................................. 27 0.0897010 341 682 MONTANA.................................................. 2 0.0066445 25 50 NEW MEXICO............................................... 11 0.0365449 139 278 NORTH CAROLINA........................................... 4 0.0132890 50 101 NORTH DAKOTA............................................. 3 0.0099668 38 76 OHIO..................................................... 1 0.0033223 13 25 SOUTH CAROLINA........................................... 6 0.0199336 76 151 SOUTH DAKOTA............................................. 9 0.0299003 114 227 TENNESSEE................................................ 2 0.0066445 25 50 TEXAS.................................................... 45 0.1495017 568 1,136 UTAH..................................................... 1 0.0033223 13 25 VIRGINIA................................................. 4 0.0132890 50 101 WASHINGTON............................................... 2 0.0066445 25 50 WEST VIRGINIA............................................ 4 0.0132890 50 101 WISCONSIN................................................ 1 0.0033223 13 25 PUERTO RICO.............................................. 77 0.2558140 972 1,944 VIRGIN ISLANDS........................................... 2 0.0066445 25 50 WEST PAC TERR............................................ 5 0.0166113 63 126 ------------------------------------------------------ TOTAL COUNTIES..................................... 301 1.0000000 3,800 7,600 ------------------------------------------------------ TOTAL RESERVE...................................... ........... .............. 1,391 ........... NATIONAL TOTAL..................................... ........... .............. 5,191 ........... ---------------------------------------------------------------------------------------------------------------- AA reserve of $1,000,000 for section 514/516, 515, 524 and 533 will be held in the national office, available on a first-come-first-served basis. Additional reserve of $391,000 is available for all programs. [FR Doc. 95-30135 Filed 12-11-95; 8:45 am] BILLING CODE 3410-07-U