[Federal Register Volume 62, Number 158 (Friday, August 15, 1997)]
[Notices]
[Page 43742]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-21785]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4248-N-03]


Fiscal Year 1997 Portfolio Reengineering Demonstration Program 
Request for Qualifications; Announcement of Date for Submission of 
Qualifications

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

ACTION: Notice of Request for Qualifications; Announcement of Date for 
Submission of Qualifications.

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SUMMARY: On July 16, 1997, the Department published a notice seeking 
requests for qualifications (RFQ) under a statutory Demonstration 
Program. The July 16, 1997 RFQ advised that the Department is carrying 
out a statutory Demonstration Program that is intended to test 
approaches that reduce the cost of the ongoing Federal subsidy for FHA-
insured, Section 8-assisted housing, while preserving this critical 
affordable housing resource in good physical and financial condition. 
The July 16, 1997 RFQ is directed to nonprofit organizations that are 
interested in participating in the Designee process under section VII. 
of the Guidelines for the Demonstration Program. The Guidelines for the 
Demonstration Program were published on January 23, 1997.
    The July 16, 1997 notice requested that the qualifications be 
submitted to the Department by August 13, 1997. On August 13, 1997, the 
Department published a Federal Register notice extending the due date 
for submission of qualifications indefinitely. The August 13, 1997 
notice provided that the Department would announce through a separate 
notice the new due date for submission of qualifications. This notice 
supplements the August 13, 1997 notice by establishing this date. The 
new due date for submission of qualifications is August 25, 1997.

FOR FURTHER INFORMATION CONTACT: George C. Dipman, Demonstration 
Program Coordinator, Office of Multifamily Housing, Department of 
Housing and Urban Development, 451 Seventh Street, S.W., Washington, DC 
20410-4000; Room 6106; Telephone (202) 708-3321. (This is not a toll-
free number.) Hearing or speech-impaired individuals may call 1-800-
877-8399 (Federal Information Relay Service TTY). Internet address: 
[email protected].

SUPPLEMENTARY INFORMATION: On July 16, 1997 (62 FR 38109), the 
Department published a notice seeking requests for qualifications 
(RFQ) under a statutory Demonstration Program. The July 16, 1997 
RFQ advised that the Department is carrying out a statutory 
Demonstration Program that is intended to test approaches that 
reduce the cost of the ongoing Federal subsidy for FHA-insured, 
Section 8-assisted housing, while preserving this critical 
affordable housing resource in good physical and financial 
condition. The July 16, 1997 RFQ is directed to nonprofit 
organizations that are interested in participating in the Designee 
process under section VII. of the Guidelines for the Demonstration 
Program. The Guidelines for the Demonstration Program were 
published on January 23, 1997 (62 FR 3567).

    The July 16, 1997 notice requested that the qualifications be 
submitted to the Department by August 13, 1997. On August 13, 1997, the 
Department published a Federal Register notice extending the due date 
for submission of qualifications indefinitely. The August 13, 1997 
notice provided that the Department would announce through a separate 
notice the new due date for submission of qualifications. This notice 
supplements the August 13, 1997 notice by establishing this new date.
    The new due date for submission of qualifications is August 25, 
1997.
    No other change is made to the July 16, 1997 notice other than the 
extension of the submission date for qualifications.

    Dated: August 13, 1997.
Nicolas P. Retsinas,
Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 97-21785 Filed 8-13-97; 11:11 am]
BILLING CODE 4210-27-P