[Federal Register Volume 61, Number 126 (Friday, June 28, 1996)]
[Notices]
[Pages 33758-33761]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-16529]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-3599-N-02]


Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner; Section 8 Loan Management Set-Aside (LMSA) Announcement 
of Funding Awards; Fiscal Year 1994

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

ACTION: Announcement of funding awards.

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

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 for the 
LMSA Program. This announcement contains the names and addresses of the 
awardees and the amount of the awards.

FOR FURTHER INFORMATION CONTACT: Ruth Coward, Program Support Division, 
Office of Multifamily Asset Management and Disposition, Office of 
Housing, Department of Housing and Urban Development, 451 Seventh 
Street, SW, Washington, DC 20410, telephone (202) 708-2654. (This is 
not a toll-free number.) A telecommunications device for hearing- and 
speech-impaired individuals (TTY) is available at 1-800-877-8339 
(Federal Information Relay Service).

SUPPLEMENTARY INFORMATION: The Loan Management Set-aside program 
provides special allocations of Housing Assistance Payments under 
Section 8 of the United States Housing Act of 1937, 42 U.S.C. 1437f. 
Title 24 of the Code of Federal Regulations, Part 886, Subpart A sets 
forth rules for administration of the LMSA program.
    Fiscal Year 1994 funds were announced in a Notice of Funding 
Availability published in the Federal Register on January 20, 1994 (59 
FR 3296). The notice announced the availability of $104 million for 
programs to reduce claims on the Department's insurance fund by aiding 
those FHA-insured or Secretary-held projects with presently or 
potentially serious financial difficulties.
    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 awardees that received funding under the 
NOFA, and the amount of funds awarded to each. This information is 
provided in Appendix A to this document.

    Dated: June 21, 1996.
Nicolas P. Retsinas,
Assistant Secretary for Housing-Federal Housing Commissioner.

[[Page 33759]]



   Appendix A.--List of Loan Management Set-Aside (LMSA) Projects Funded Pursuant to the Fiscal Year 1994 NOFA  
----------------------------------------------------------------------------------------------------------------
                                                                                      LMSA units      Budget    
  FHA No.       Project's name city and state        Owner's name and  location         funded       authority  
----------------------------------------------------------------------------------------------------------------
                                                   Region: 1                                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
016-44005..  Bayside Village, Newport, RI......  Bayside Village Associat,                    53      $1,595,700
                                                  Braintree, MA.                                                
016-44039..  Eagle III Apartments, Lincoln, RI.  S K Mgt Co Inc, Los Angeles, CA...           20         592,800
017-44146..  Ledgecrest Apts., Vernon Town, CT.  Ledgecrest Associates, Meriden, CT           16         457,620
023-44011..  Harborview Towers, New Bedford, MA  Franklin W. Simon, Braintree, MA..           52       1,443,660
023-44065..  Commonwealth Federal, Brighton, MA  Commonwealth Federal Tru, New                28         584,640
                                                  York, NY.                                                     
023-44091..  Leyden Woods Apts., Greenfield T,   Leyden Limited Partnersh,                    22         560,820
              MA.                                 Washington, DC.                                               
023-44120..  Mohawk Forest, North Adams, MA....  Mohawk Forest Associates, Boston,            49       1,164,900
                                                  MA.                                                           
023-44137..  Hill Homes HSG Coop, Springfield,   Hill Homes HSG Cooperati,                    10         265,200
              MA.                                 Springfield, MA.                                              
023-44802..  Fenno House, Quincy, MA...........  Wollaston Lutheran Churc, Quincy,            12         202,800
                                                  MA.                                                           
024-44028..  Brook Village North, Nashua, NH...  Brook Village North Asso, Needham,           71       2,494,740
                                                  MA.                                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                    Region: 2                                                   
                                                                                                                
----------------------------------------------------------------------------------------------------------------
012-11011..  Marien-Heim Tower, New York-Bro,    Marien-Heim Tower, Inc., Brooklyn,           46       1,052,520
              NY.                                 NY.                                                           
031-35183..  King's Row, MIddletown T, NJ......  King's Row Associates, Middletown,           31       1,110,420
                                                  NJ.                                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                    Region: 3                                                   
                                                                                                                
----------------------------------------------------------------------------------------------------------------
000-44005..  Arnold Gardens, Suitland-Sil, MD..  AG Limited Partnership,                      42       1,243,620
                                                  Hyattsville, MD.                                              
000-44021..  Glenarden II, Glenarden, MD.......  United Glenarden II Ltd, Pacific             23         995,100
                                                  Palis, CA.                                                    
000-44136..  Crest Apartments, Capitol Heig, MD  Bert M. Tracy, Chevy Chase, MD....           34       1,051,440
000-44145..  Capitol Towers, Landover, MD......  Capital Towers Ltd Partn,                    32       1,072,740
                                                  Hyattsville, MD.                                              
033-44006..  Logan Hills, Altoona, PA..........  Logan Hills Associates, Ft                   81  ..............
                                                  Lauderdale, FL.                                               
033-44054..  Harris Gardens, North Union, PA...  Harris Gardens Limited P,                    22         480,000
                                                  Washington, DC.                                               
033-44114..  Keystone Avenue, Cresson, PA......  Allegheny Developers, Cresson, PA.           20         295,200
033-44124..  Douglas Plaza, Wilkinsburg, PA....  Douglas Plaza Limited Pa, Trenton,           38         771,000
                                                  NJ.                                                           
033-44804..  Methodist Towers, Erie, PA........  Methodist Towers, Inc., Erie, PA..           57         771,420
034-35137..  Fisher's Crosssing, Philadelphia,   Anthony & Margaret Richa, South              56       1,925,880
              PA.                                 Orange, NJ.                                                   
034-44055..  Interfaith Heights, Wilkes-Barre,   Interfaith Heights Asso, Dallas,             30         658,800
              PA.                                 PA.                                                           
034-44147..  Mt. Vernon Manor, Philadelphia, PA  Mt. Vernon Manor Assoc.,                     31         533,700
                                                  Philadelphia, PA.                                             
034-44149..  Webster Towers, Scranton, PA......  Marylyn Preven, Presiden,                     7         111,720
                                                  Scranton, PA.                                                 
034-44804..  Episcopal Hse, Reading, PA........  Episcopal House of Readi, Reading,           25         400,800
                                                  PA.                                                           
034-55003..  Zion Gardens, Philadelphia, PA....  Zion Non-Profit Corp.,                       26         722,400
                                                  Philadelphia, PA.                                             
045-44002..  Spring Hill Apts., Charleston, WV.  City Park Associates, Rockville,              8         236,100
                                                  MD.                                                           
045-44008..  Berkeley Gardens, Martinsburg, WV.  Berkeley Gardens Ltd.Ptn,                    10         225,600
                                                  Rockville, MD.                                                
051-35307..  Lantern Ridge, Blacksburg, VA.....  Carriage Hill Assoc Ltd,                     27         838,620
                                                  Blacksburg, VA.                                               
051-44065..  Augusta Farms, Augusta Coun, VA...  Augusta Farms Associates, Roanoke,           10         193,200
                                                  VA.                                                           
051-44074..  Bell Diamond Manor, Norfolk, VA...  Beacon Light Civic Leagu, Norfolk,           40         987,060
                                                  VA.                                                           
051-44201..  Ruffin Road Apts, Richmond, VA....  Ruffin Road Associates,                       9         288,780
                                                  Washington, DC.                                               
051-44246..  Oakland Mutual Th, Richmond, VA...  Oakland Townhses Mutual, Richmond,           32         656,280
                                                  VA.                                                           
051-55005..  Fairhills Apartments, Richmond, VA  Fairhills Apartment Part,                    55       1,142,100
                                                  Baltimore, MD.                                                
052-35376..  Sentinel Court Apts., Baltimore,    Seminole Ridge Ltd. Ptnr,                    27         671,700
              MD.                                 Baltimore, MD.                                                
052-44017..  Bay Ridge Gardens, Annapolis, MD..  Annapolis Woods VE, Timonium, MD..          146       5,263,320
052-44071..  Clay Courts, Baltimore, MD........  Clay Courts Assoc. Ltd., Reston,             32       1,201,980
                                                  VA.                                                           
052-55005..  Bruce Manor Apts, Baltimore, MD...  Bruce Manor, Inc., Silver Spring,            34       1,040,880
                                                  MD.                                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                   Region: 4                                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
053-44059..  Cheek Road Apts, Durham, NC.......  Cheek Road Apts Lt, Washington, DC           50       3,774,300
053-44074..  Barrington Oaks, Charlotte, NC....  Barrington Oaks Apt. Ass,                     7         245,520
                                                  Southport, CT.                                                
053-44135..  Alpha Arms, Goldsboro, NC.........  Alpha Arms, Inc., Goldsboro, NC...           25         605,160
053-44801..  Vanderbilt Apts., Asheville, NC...  Vanderbilt Apts., Inc., Asheville,            9          97,200
                                                  NC.                                                           
054-35264..  Filbin Creek, N Charleston, SC....  George E. Campsen, Jr., Johns                10         274,800
                                                  Island, SC.                                                   
054-35317..  Saw Branch, Summerville, SC.......  Sawbranch Apartments, Al,                    34       1,072,200
                                                  Charleston, SC.                                               
054-35407..  Brackenbrook, North Charle, SC....  Brackenbrook Apartments,                     39       1,213,800
                                                  Charleston, SC.                                               
054-44063..  Walhalla Gardens I, Walhalla, SC..  BFG Carolina I, Inc., Greenville,             7         145,980
                                                  SC.                                                           
054-44801..  Christopher Towers, Columbia, SC..  Navigator Corporation, Columbia,             32         552,240
                                                  SC.                                                           
061-44066..  Lexington Village, Conyers, GA....  Lexington Village Compan, Atlanta,           16         372,180
                                                  GA.                                                           
061-44073..  Shawnee Apartments, Atlanta, GA...  Herman J. Russell, Atlanta, GA....            6         141,120
061-44091..  Carriage House/Atl, Atlanta, GA...  Carriage House of Atlant,                    30         695,880
                                                  Indianapolis, IN.                                             
061-44094..  Dutch Forest Duplex, Hapeville, GA  Mr. Theodore C. George, Atlanta,             37         823,620
                                                  GA.                                                           
061-44124..  Northgate Village, Columbus, GA...  Northgate Village Ltd.,                       6         117,480
                                                  Washington, DC.                                               
061-44128..  College Square Apts, Fort Valley,   Allan S. Bird, Carlsbad, CA.......            6         118,740
              Ga.                                                                                               
061-44130..  Stephens Woods Apts, Smyrna, GA...  Kirk T. Dornbush, Atlanta, GA.....           48         952,800
061-44150..  Mt. Zion Apartments, Augusta, GA..  Floyd Green, Augusta, GA..........           11         240,240
061-44207..  Clairmont Oaks, Decatur, GA.......  Clairmont Oaks, Inc. Decatur, GA..           49       1,083,780

[[Page 33760]]

                                                                                                                
061-44214..  Battlewood Apartment, Fort          Battlewood Apartments Lt,                     8         174,720
              Ogletho, GA.                        Chattanooga, TN.                                              
061-44801..  Philips Prsbytn Twr, Atlanta, GA..  Philips Presbyterian Tow, Decatur,           35         651,540
                                                  GA.                                                           
061-44803..  A.H. Epworth Towers, Atlanta, GA..  Wesley Homes, Inc. Atlanta, GA....           25         623,580
061-55068..  Athens Arms, Athens, GA...........  NCHP, Washington, DC..............           11         178,200
062-35337..  Monroe, Birmingham, AL............  Monroe Associates Ltd., Nashville,           12         316,800
                                                  TN.                                                           
062-44014..  Valley Brook Apts, Birmingham, AL.  Valley Brook Assoc, Atlanta, GA...          120       2,426,160
062-44033..  Somerville Road, Decatur, AL......  Somerville Road Apts, Lt,                     4          69,360
                                                  Birmingham, AL.                                               
062-44081..  Forrester Gardens, Tuscaloosa, AL.  Forrester Gardens, Ltd.,                     10         232,620
                                                  Washington, DC.                                               
063-44003..  Harold House, Jacksonville, FL....  Harold House Ltd. partne,                    20         798,720
                                                  Washington, DC.                                               
063-44016..  Atlantic Garden Apts,               Atlantic Gardens Apts., Winter               48       1,207,200
              Jacksonville, FL.                   Park, FL.                                                     
063-44024..  Village Green, Gainesville, FL....  Charles S. Wilkins, Jr.,                      6         159,060
                                                  Washington, DC.                                               
063-44037..  Forest Green, Gainesville, FL.....  Charles S. Wilkins, Jr.,                     10         273,000
                                                  Washington, DC.                                               
063-44041..  Sutton Place, Ocala, FL...........  Hickory Ridge Assoc., Lt,                    12         386,820
                                                  Washington, DC.                                               
063-44043..  Beachwood Apts, Jacksonville, FL..  W.H. Walton & J.D. Weed,                     13         319,080
                                                  Jacksonville, FL.                                             
063-44051..  Springfield Rsdn One,               W.H. Walton & J.D. Weed,                     12         429,360
              Jacksonville, FL.                   Jacksonville, FL.                                             
063-58501..  Imperial Estates, Jacksonville, FL  Imperial Estates, Ltd. Wooster, OH           23         755,580
066-44043..  Broadmoor Apts, West Palm Be, FL..  Broadmoor Associates, Lt,                    28         808,800
                                                  Greenville, SC.                                               
066-44057..  Royal Manor, Fort Myers, FL.......  William Condren, GP, Syracuse, NY.           23         515,820
066-44071..  Holiday Lake Apts, Pompano Beac,    Holiday Lake Ltd., Partn, Dallas,            35         856,320
              FL.                                 TX.                                                           
067-35053..  Chateau Domaris Apts, lake Wales,   Briarwood Associates, Leesburg, FL           10         228,480
              FL.                                                                                               
081-44033..  Ridgewood Terrace, Memphis, TN....  CP/DB Housing Partners, Memphis,             20         487,980
                                                  TN.                                                           
081-55002..  Watkins Manor, Memphis, TN........  Watkins Properties, Ltd., Santa              20         392,460
                                                  Monica, CA.                                                   
083-44038..  Pine Crest I Apts., Elizabethtow,   Central State Managers, Lexington,           20         281,820
              KY.                                 KY.                                                           
083-44106..  Hickory Hills Manor, Frankfort, KY  Hickory Hills Manor, Inc, Los                31         580,800
                                                  Angeles, CA.                                                  
083-44802..  Chaptel House--Lou, Louisville, KY  Chapel House, Inc. Louisville, Ky.            5          89,220
083-44804..  Hillebrand House, Louisville, KY..  Union Labor Housing, Inc,                    19         262,500
                                                  Louisville, KY.                                               
087-44035..  Miller Village, Kingsport, TN.....  Miller Village-1984, Ltd,                    41         781,500
                                                  Birmingham, AL.                                               
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                   Region: 5                                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
042-44009..  Kensington Square I, Elyria, OH...  Kensington Square I, Beverly                 10         209,400
                                                  Hills, CA.                                                    
042-44066..  Kensington Square II, Elyria, OH..  Kensington Square II, Beverly                12         257,100
                                                  Hills, CA.                                                    
042-44108..  Shamrock Place, Painesville, OH...  Shamrock Place, Cleveland, OH.....           15         382,500
042-44803..  Ashland Manor, Toledo, OH.........  Ashland Manor, Beverly Hills, CA..            9         162,000
042-SH014..  Eldercrest Apts., Youngstown, OH..  Eldercrest Inc, Youngstown, OH....           60         774,000
044-35318..  Sycamore Glade, Pontiac, MI.......  George Myman, Troy, MI............          137       3,741,900
046-44041..  Twin Gables, Hamilton, OH.........  Twin Gables Assn Ltd Ptn,                    15         320,400
                                                  Washington, DC.                                               
046-44137..  Northlake Hills II, Mad River Tw,   Northlake Hills Cooperat, Dayton,            36         748,020
              CH.                                 OH.                                                           
046-44165..  King Towers, Cincinnati, OH.......  King Towers Apartments, Beverly              16         333,180
                                                  Hills, CA.                                                    
071-44051..  Cambridge Manor, Chicago, IL......  South Commons Stage 3 Ve, Chicago,           60       1,377,360
                                                  IL.                                                           
071-44081..  Germano Millgate Apt, Chicago, IL.  Chicago Community Dev. C, Chicago,          117       3,368,400
                                                  IL.                                                           
071-55203..  Douglas Lawndale, Chicago, IL.....  City of Chicago, Dept of Chicago,            50       1,015,980
                                                  IL.                                                           
072-44004..  Urban Family Res., Peoria, IL.....  Urban Family Residence, Peoria, IL           16         387,120
073-44005..  Bono Road Village, New Albany, IN.  Bono Development Co, New Albany,             33         656,700
                                                  IN.                                                           
075-44092..  Boulevard Apartments, Milwaukee,    WBC II Limited Partnersh, Peabody,          124       2,568,780
              WI.                                 MA.                                                           
075-44113..  Meadow Park Apts., Clinton, WI....  Meadow Park Apts, Ltd. P,                    19         435,960
                                                  Milwaukee, WI.                                                
092-44035..  Carriage House, Brooklyn Par, MN..  Carriage House Associate, St                 63       1,583,280
                                                  Louis, MO.                                                    
092-44207..  Westminster Place, St. Paul, MN...  Westminster Place, Lp, St. Paul,             10         255,240
                                                  MN.                                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                   Region: 6                                                    
----------------------------------------------------------------------------------------------------------------
082-44026..  Willow Bend I, Jacksonville, AR...  236 Joint Venture, Willo, Little              3          73,980
                                                  Rock, AR.                                                     
082-44027..  Willow Bend II, Jacksonville, AR..  236 Joint Venture, Willo, Little              5         107,700
                                                  Rock, AR.                                                     
082-44061..  Grandview Apts., Fayetteville, AR.  Grandview Apt., Ltd., Irving, TX..            5         112,260
112-44075..  Southcrest Apts., Dallas, TX......  Southcrest, Ltd., Birmingham, AL..           78       2,130,720
112-55057..  Ridgecrest Terrace, Dallas, TX....  Ridgecrest Terrace Apts., Dallas,           146       3,367,920
                                                  TX.                                                           
115-35183..  Chisholm Trace Apts., San Antonio,  Chisolm Trace, Ltd., Dallas, TX...           24         732,840
              TX.                                                                                               
115-44168..  Bergstrom Arms, Austin, TX........  Bergstrom Arms, Ltd., Santa                  60       1,385,400
                                                  Monica, CA.                                                   
116-35056..  Villa Del Sol, Clovis, NM.........  John Luciani, Fort Lee, NJ........           10         280,200
118-35054..  Meadowbrook Apts., Muskogee, OK...  Meadowbrook Apts. Assn., Boca                20         422,400
                                                  Raton, FL.                                                    
118-44088..  Poteau Valley, Poteau, OK.........  Robert C. Poe, Tulsa, OK..........           20         386,400
118-55012..  Normandy Apts., Tulsa OK..........  Normandy Apartments, Ltd, Oklahoma           53       1,444,620
                                                  City, OK.                                                     
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                   Region: 7                                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
074-44052..  Green Valley Manor, Creston, IA...  Green Valley Associates, Carlsbad,            6         136,800
                                                  CA.                                                           
084-35270..  Highgate Apartments, Kansas City,   Highgate Development Cor, Mission,            7         148,980
              MO.                                 KS.                                                           
084-44090..  Royal Gardens, Kansas City, KS....  Royal Gardens Limited, Kansas                28         594,240
                                                  City, KS.                                                     
084-44128..  Grandboro Arms, Grandview, MO.....  Grandboro Arms, Ltd, Overland                17         384,420
                                                  Park, KS.                                                     

[[Page 33761]]

                                                                                                                
084-44138..  Sunflower Park Apts, Kansas City,   Sunflower Park Ltd Partn, Pacific            66       1,786,200
              KS.                                 Palis, CA.                                                    
085-44032..  Chevy Chase, Mexico, MO...........  Chevy Chase--Mexico Ass, Boca                22         430,440
                                                  Raton, FL.                                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                   Region: 8                                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
101-44026..  Golden Spike, Denver, CO..........  Colo Vet & Ret Railroade, Denver,            40         747,720
                                                  CO.                                                           
101-44097..  Alvarado Village, Boulder, CO.....  St Thomas Aquinas Housin, Boulder,           13         524,460
                                                  CO.                                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                    Region: 9                                                   
                                                                                                                
----------------------------------------------------------------------------------------------------------------
121-35454..  Huntington Park I, Fresno, CA.....  Huntington Park Investor, San                67       1,606,500
                                                  Rafael, CA.                                                   
121-35620..  Huntington Park II, Fresno, CA....  Huntington Park Investor, San                20         420,000
                                                  Rafael, CA.                                                   
121-44080..  Villa Garcia, San Jose, CA........  Villa Garcia, Inc., San Jose, CA..           23         608,700
121-44185..  Richmond Townhouses, Richmond, CA.  Richmond Th Assoc C, Los Angeles,            12         386,640
                                                  CA.                                                           
121-44261..  Kearney Cooley, Fresno, CA........  Harrisson Bryant Kearney, Fresno,            14         299,400
                                                  CA.                                                           
121-44410..  Betel Apartments, San Francisco,    Mission Housing Develomp, San                15         710,820
              CA.                                 Francisco, CA.                                                
122-35555..  Danilo Gardens, Lancaster, CA.....  Danilo Gardens, San Diego, CA.....           50       1,679,220
122-35602..  Arminta North/South Sun Valley, CA  Arminta North and South Sun                  40       2,332,560
                                                  Valley, CA.                                                   
122-44209..  Garden Grove Manor, Garden Grove,   Garden Grove Manor, Inc. Garden              31         889,140
              CA.                                 Grove, CA.                                                    
122-44732..  Pacific Manor, Burbank, CA........  Pacific Home of Burbank, Burbank,            20         354,000
                                                  CA.                                                           
136-35619..  Delta Gateway I, Stockton, CA.....  Rudy V. Bilawski, Lodi, CA........           35       1,113,900
136-35660..  Delta Gateway II, Stockton, CA....  Rudy V. Bilawski, Lodi, CA........           22         755,640
143-38010..  Olive Grove I, Riverside, CA......  Olive Grove Partners, Bala Cynwyd,           21         627,480
                                                  PA.                                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                   Region: 10                                                   
                                                                                                                
----------------------------------------------------------------------------------------------------------------
126-44045..  Spencer House, Beaverton, OR......  Beaverton Associates, Black Butte,           28         964,080
                                                  OR.                                                           
126-44145..  North Slope Village, Sutherlin, OR  N Slope Village In, Eugene, OR....           13         354,300
----------------------------------------------------------------------------------------------------------------



[FR Doc. 96-16529 Filed 6-27-96; 8:45 am]
BILLING CODE 4210-27-M