[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]
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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.
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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
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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
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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
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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
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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