[Federal Register Volume 61, Number 104 (Wednesday, May 29, 1996)]
[Notices]
[Pages 26921-26922]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-13333]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-3353-N-04]


Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner; HOPE 2--Homeownership of Multifamily Units Program; 
Announcement of Funding Awards; Fiscal Year 1993

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

ACTION: Announcement of funding awards.

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SUMMARY: In accordance with section 102(a)(4)(C) of the Department of 
Housing and Urban Development Reform Act of 1989, this announcement 
notifies the public of funding awards made by the Department under a 
Federal Register notice for the HOPE 2--Homeownership of Multifamily 
Units Program. This announcement contains the names and addresses of 
the HOPE 2 grantees and the amount of the awards.

FOR FURTHER INFORMATION CONTACT: Michael Diggs, Office of Multifamily 
Housing Asset Management and Disposition, Department of Housing and 
Urban Development, room 6176, 451 Seventh Street, SW., Washington, DC 
20410, telephone (202) 708-0558 (this is not a toll-free number). 
Hearing- or speech-impaired individuals may access this number by 
calling the Federal Information Relay. Service TTY at 1-800-877-8339.

SUPPLEMENTARY INFORMATION: HOPE 2--Homeownership of Multifamily Units 
Program is authorized by title IV of the Cranston-Gonzales National 
Affordable Housing Act of 1990 (Pub. L. 101-625) (42 U.S.C. 8011), 
enacted November 28, 1990. Program Guidelines were published on January 
14, 1992 (57 FR 1558). Program changes were made by the Housing and 
Community Development Act of 1992 (Pub. L. 102-550, approved October 
23, 1992) and other changes made by the Department as a result of the 
first funding round.
    Fiscal Year 1993 funds were announced in a Federal Register Notice 
of Funding Availability (NOFA) published on July 16, 1993 (58 FR 
38466). The NOFA announced the availability of $102.2 million for HOPE 
2 Implementation Grants to provide for homeownership of Multifamily 
units. The purpose of the HOPE 2 Implementation Grant program is to 
provide funding for carrying out homeownership programs in accordance 
with Section 415 of the guidelines. Applications are awarded funding if 
they meet the eligibility criteria indicated in the NOFA.
    In accordance with section 102 (a)(4)(C) of the Department of 
Housing and Urban Development Reform Act of 1989 (Pub. L. 101-235, 
approved December 15, 1989), the Department is hereby publishing the 
names and addresses of the HOPE 2 awardees that received funding under 
this NOFA, and the amount of funds awarded to each. The total amount 
awarded during this period was $33,549,795 to 10 projects. This 
information is provided in Appendix A to this document.

    Dated: May 22, 1996.
Nicolas P. Retsinas,
Assistant Secretary for Housing--Federal Housing Commissioner.

FISCAL YEAR 1993 MULTIFAMILY HOUSING (HOPE 2)

    PROGRAM NAME: HOPE FOR HOMEOWNERSHIP OF MULTIFAMILY UNITS (HOPE 2)
    STATUTE: PUBLIC LAW 101-625, NOVEMBER 28, 1990.
    NOFA DATE: July 16, 1993.

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   Funding Recipient (name and address) applicant name                  
                         contact                          Amount Awarded
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Larry Kluetsch, Mutual Housing SW CT, 800 Summer St.                    
 Suite 330, Stamford, CT. 06457, (203) 359-6940.........      $3,332,700
Sandra Abramson, The City of New York, 100 Gold Street,                 
 New York, NY. 10029, (212) 978-6100....................       6,750,000

[[Page 26922]]

                                                                        
Barbara Barnes, VMH, Inc., 109 Holly Road, Suite 101,                   
 Virginia Beach, VA. 23451, (804) 425-6231..............         726,475
Charles Pharr, Pritchard Housing Authority, P.O. Box                    
 10307, Pritchard, AL. 35209, (334) 456-3324............       3,033,747
Gordon Ellingson, SR Habitat/Humanity, P.O. Box 488,                    
 Pascagoula, MS. 39701, (601) 497-4495..................         878,691
P. Gilbertson Barno, Buckeye Community Hope Foundation,                 
 947 E. Johnstown RD. Suite 221, Gahanna, OH. 43230,                    
 (614) 337-9718.........................................       2,157,000
P. Gilbertson Barno, Buckeye Community Hope Foundation,                 
 947 E. Johnstown Rd. Suite 221, Gahanna, OH. 43230,                    
 (614) 337-9718.........................................       2,810,880
Walter Dumas, Shiloh Bapt. Church, 185 Eddie Robinson                   
 Sr. Drive, Baton Rouge, LA. 70806, (504) 383-7436             6,858,751
Jim Willett, Indian Center, Inc., 1100 Military Road,                   
 Lincoln, NE. 68154 (402) 438-5231                             1,908,904
Steven Barbier, GDMHA, 1776 SO. Jackson St. Ste. 811,                   
 Enver, CO. 80202, (303) 762-7274                              5,092,647
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[FR Doc. 96-13333 Filed 5-28-96; 8:45 am]
BILLING CODE 4210-27-P