[Federal Register Volume 61, Number 202 (Thursday, October 17, 1996)]
[Notices]
[Page 54211]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-26568]



[[Page 54211]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of the Secretary
[Docket No. FR 4108-D-03]


Delegation of Authority for the Loan Guarantee Recovery Fund

AGENCY: Office of the Secretary, HUD.

ACTION: Notice of delegation of authority.

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SUMMARY: This notice delegates the authority to administer the Loan 
Guarantee Recovery Program, Authorized by the Church Arson Prevention 
Act of 1996, from the Secretary of the Department of Housing and Urban 
Development to the Assistant Secretary for Community Planning and 
Development.

FOR FURTHER INFORMATION CONTACT:
Anthony Johnston, Deputy Director, Financial Management Division, 
Office of Block Grant Assistance, Room 7180, Department of Housing and 
Urban Development, 451 7th Street, S.W., Washington, D.C. 20410, (202) 
708-1871. A TTY number is available for hearing/speech-impaired 
individuals at (202) 708-1455. This number may also be accessed via TTY 
by calling the Federal Information Relay Service at 1-800-877-8399. FAX 
inquiries may be sent to Mr. Johnston at (202) 708-1798. Other than the 
``800'' number, these telephone numbers are not toll-Free.

SUPPLEMENTARY INFORMATION: The Church Arson Prevention Act of 1996, 
Pub. L. 104-155, 110 Stat. 1392, approved July 3, 1996, provides 
Federal, State and local law-enforcement agencies with additional means 
to address violent crimes against places of worship, strengthens the 
penalties for the commission of these crimes, and authorizes Federal 
assistance for rebuilding efforts. Section 4 of the Act, entitled 
``Loan Guarantee Recovery Fund,'' authorizes the Secretary of the 
Department of Housing and Urban Development (the ``Secretary'') to 
guarantee loans made by financial institutions to assist certain 
nonprofit organizations that have been damaged as a result of acts of 
arson or terrorism. The Act provides that the Secretary may use this 
guarantee authority to subsidize up to $10 million in loan principal in 
accordance with such procedures as he may establish by regulation.
    The present document delegates to the Assistant Secretary for 
Community Planning and Development all power and authority granted by 
Section 4 of the Church Arson Prevention Act of 1996. The authority 
delegated does not include the authority to sue or be sued. 
Additionally, by executing the present delegation of authority, the 
Secretary is ratifying all actions taken by the Assistant Secretary for 
Community Planning and Development on behalf of the Secretary, from 
September 5, 1996, through the date of the signature of this document, 
with respect to the Church Arson Prevention Act of 1996.
    Accordingly, the Secretary delegates authority as follows:

Section A. Authority Delegated

    The Secretary of the Department of Housing and Urban Development 
delegates to the Assistant Secretary for Community Planning and 
Development all power and authority granted by Section 4 of the Church 
Arson Prevention Act of 1996, entitled the Loan Guarantee Recovery 
Fund, except as provided in Section B of this delegation of authority.

Section B. Authority Excepted

    The authority delegated under Section A does not include the power 
to sue and be sued.

Section C. Actions Ratified

    The Secretary of the Department of Housing and Urban Development 
hereby ratifies all actions previously taken by the Assistant Secretary 
for Community Planning and Development, pursuant to this Act, from 
September 5, 1996, through the present date.

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

    Dated: October 8, 1996.
Henry G. Cisneros,
Secretary of Housing and Urban Development.
[FR Doc. 96-26568 Filed 10-16-96; 8:45 am]
BILLING CODE 4210-32-M