[Federal Register Volume 64, Number 244 (Tuesday, December 21, 1999)]
[Notices]
[Pages 71592-71601]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-32957]



[[Page 71591]]

_______________________________________________________________________

Part IV





Department of Agriculture





_______________________________________________________________________



Rural Housing Service



_______________________________________________________________________



Grants and Cooperative Agreements; Notices of Availability of Funds 
(NOFA)

  Federal Register / Vol. 64, No. 244 / Tuesday, December 21, 1999 / 
Notices  

[[Page 71592]]


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

DEPARTMENT OF AGRICULTURE

Rural Housing Service


Notice of Availability of Funds; Multi-Family Housing, Single 
Family Housing

AGENCY: Rural Housing Service, USDA.

ACTION: Notice.

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

SUMMARY: The Rural Housing Service (RHS) announces the availability of 
housing funds for fiscal year 2000 (FY 2000). This action is taken to 
comply with 42 U.S.C. 1490p which requires that RHS publish in the 
Federal Register notice of the availability of any housing assistance.

EFFECTIVE DATE: December 21, 1999.

FOR FURTHER INFORMATION CONTACT: Carl Wagner, Director, Multi-Family 
Housing Processing Division, (STOP 0781), or Scott Barringer, Senior 
Loan Officer, Single Family Housing Processing Division, (STOP 0783), 
U.S. Department of Agriculture, 1400 Independence Ave., SW., 
Washington, DC, 20250, telephones (202) 720-1604, and (202) 720-1474, 
respectively. (These are not toll free numbers).

SUPPLEMENTARY INFORMATION:

Programs Affected

    The following programs are subject to the provisions of Executive 
Order 12372 that requires intergovernmental consultation with State and 
local officials. These programs or activities are listed in the Catalog 
of Federal Domestic Assistance under Nos.

10.405  Farm Labor Housing (LH) Loans and Grants
10.410  Very Low to Moderate Income Housing Loans
10.411  Rural Housing Site Loans and Self-Help Housing Land Development 
Loans
10.415  Rural Rental Housing 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  Rural Housing Preservation Grants
10.442  Housing Application Packaging Grants

Discussion of Notice

    Part 1940, subpart L of 7 CFR contains the ``Methodology and 
Formulas for Allocation of Loan and Grant Program Funds.'' The 
following guidance has been provided to our State offices on FY 2000 
appropriations and access to funds. Separate guidance has been provided 
to our State offices for assistance available in our Multi-and Single-
Family Housing programs as follows:

Multi-Family Housing (MFH)

I. General

    A. This provides guidance on MFH funding for the Rural Rental 
Housing program (RRH) for FY 2000. Allocation computations have been 
performed in accordance with 7 CFR 1940.575 and 1940.578. For FY 2000, 
State Directors, under the Rural Housing Assistance Grants (RHAG), will 
have the flexibility to transfer their initial allocations of budget 
authority between the Single Family Housing (SFH) section 504 Rural 
Housing Grants and section 533 Housing Preservation Grant (HPG) 
programs.
    B. MFH loan and grant levels for FY 2000 are as follows:

MFH Loan Programs Credit Sales..........................      $1,250,000
Section 514  Farm Labor Housing (LH) loans..............      25,001,005
Section 515  Rural Rental Housing (RRH) loans...........     114,322,076
Section 521  Rental Assistance (RA).....................     634,100,000
Section 516  LH grants..................................  \1\ 13,990,844
Sections 525  Technical and Supervisory Assistance         \1\ 2,033,563
 grants: (TSA) and 509 Housing Application Packaging
 grants (HAPG) (Shared between single and multi-family
 housing)...............................................
Section 533  Housing Preservation grants (HPG)..........   \1\ 5,515,344
Section 538  Guaranteed Rural Rental Housing program....     100,000,000
Natural Disaster Funds (section 514 loans)..............       4,974,574
Natural Disaster Funds (section 516 grants).............      3,000,000
 
\1\ Includes carryover.

II. Funds Not Allocated to States

A. Credit Sales Authority
    For FY 2000, $1,250,000 will be set aside for credit sales to 
program and nonprogram buyers. Credit sale funding will not be 
allocated by State.
B. Section 538 Guaranteed Rural Rental Housing Program
    Guaranteed loan funds will be made available under a Notice of 
Funding Availability (NOFA) being published in this Federal Register. 
Additional guidance will be provided at that time.
C. Natural Disaster Funds
    Funds are available until exhausted to those States that have 
received a Presidential Declaration.

III. Farm Labor Housing (LH) Loans and Grants

A. Section 514  Farm LH Loans
    1. These loans are funded in accordance with 7 CFR 1940.579(a).

FY 2000 Appropriation...................................     $25,001,105
Available for Off-Farm Loans............................      20,501,000
Available for On-Farm Loans.............................       1,500,000
National Office Reserve.................................       3,000,105
 

    2. Off-farm loan funds will be made available under a NOFA being 
published in this Federal Register. Additional guidance will be 
provided in the NOFA.
B. Section 516  Farm LH Grants
    1. Grants are funded in accordance with 7 CFR 1940.579(b). 
Unobligated prior year balances and cancellations will be added to the 
amount shown.

FY 2000 Appropriation (includes carryover)..............     $13,990,844
Available for LH Grants for off-farm....................       9,150,000
Available for Technical Assistance Grants...............       1,350,000
National Office Reserve.................................       3,490,844
 

    2. Labor Housing grant funds for off-farm will be made available 
under a NOFA being published in this Federal Register. Additional 
guidance will be provided in the NOFA.
    3. Technical assistance grants will be made available under a NOFA 
being published in this Federal Register. Additional guidance will be 
provided in the NOFA.
C. Rental Assistance for LH
    Labor Housing RA will be held in the National office for use with 
LH loan and grant applications. RA is only available with an LH loan of 
at least 5 percent of the total development cost. Projects without a LH 
loan cannot receive RA.

IV. Section 515  RRH Loan Funds

FY 2000 section 515 Rural Rental Housing allocation         $114,322,076
 (Total)................................................
  New Construction funds and set-asides.................      49,783,694
    New construction loans..............................      22,500,000
    Set-aside for nonprofits............................      10,288,987
    Set-aside for underserved counties and colonias.....       5,716,104
    Earmark for EZ, EC, or REAP Zones...................       9,778,603
    State RA designated reserve.........................       1,500,000
  Rehab and repair funds and equity.....................      55,000,000
    Rehab and repair loans..............................      50,000,000
    Designated equity loan reserve......................       5,000,000
General reserve.........................................       9,538,382
 


[[Page 71593]]

A. New Construction Loan Funds
    New construction loan funds will be made available using a national 
NOFA being published in this Federal Register. Upon closing of the 
NOFA, States will submit a list, in rank order of the eligible 
projects.
B. National Office New Construction Set-Asides
    The following legislatively mandated set-asides of funds are part 
of the National office set-aside:
    1. Nonprofit Set-aside An amount of $10,288,987 has been set aside 
for nonprofit applicants. All Nonprofit loan proposals must be located 
in designated places as defined in RD Instruction 1944-E.
    2. Underserved Counties and Colonias Set-Aside. An amount of 
$5,716,104 has been set aside for loan requests to develop units in one 
of the underserved 100 most needy counties or colonias as defined in 
section 509(f) of the Housing Act of 1949 as amended. Priority will be 
given to proposals to develop units in colonias or tribal lands.
    3. EZ, EC or REAP Zone Earmark. An amount of $9,778,603 has been 
earmarked for loan requests to develop units in EZ or EC communities or 
REAP Zones until June 30, 2000.
C. Rental Assistance (RA)
    Limited new construction RA will be held in the National office for 
use with section 515 Rural Rental Housing loans.
D. Designated Reserves for State RA
    An amount of $1.5 million of section 515 loan funds has been set 
aside for matching with projects in which an active State sponsored RA 
program is available. The State RA program must be comparable to the 
RHS RA program.
E. Repair and Rehabilitation Loans
    Tenant health and safety continues to be a top priority. Repair and 
rehabilitation funds must be first targeted to RRH facilities that have 
physical conditions that effect the health and safety of tenants and 
then made available to facilities that have deferred maintenance. All 
funds will be held in the National office and will be distributed based 
upon indicated rehabilitation needs in the MFH survey conducted in 
September 1999.
F. Designated Reserve for Equity Loans
    An amount of $5 million has been designated for the equity loan 
preservation incentive described in RD Instruction 1965-E. The $5 
million will be further divided into $4 million for equity loan 
requests currently on the pending funding list and $1 million to 
facilitate the transfer of properties from for-profit owners to 
nonprofit corporations and public bodies. Funds for such transfers 
would be authorized only for for-profit owners who are currently on the 
pending funding list who agree to transfer to nonprofit corporations or 
public bodies rather than to remain on the pending list. If 
insufficient transfer requests are generated to utilize the full $1 
million set aside for nonprofit and public body transfers, the balance 
will revert to the existing pending equity loan funding list.
G. General Reserve
    There is one general reserve fund of $9,538,382. Some examples of 
immediate allowable uses include, but are not limited to hardships and 
emergencies, RH cooperatives or group homes, or RRH preservation.

V. Section 533 Housing Preservation Grants (HPG).

Total Available.........................................      $5,515,344
Less General Reserve....................................         550,000
Less Earmark for EZ, EC or REAP Zones...................         600,000
Total Available for Distribution........................       4,365,344
 

    Amount available for allocation. See end of this Notice for HPG 
State allocations. Fund availability will be announced in a NOFA being 
published in this Federal Register.
    The amount of $600,000 is earmarked for EZ, EC or REAP Zones until 
June 30, 2000.

Single Family Housing (SFH)

I. General

    A. This notice provides SFH allocations for FY 2000. Allocation 
computations have been made in accordance with 7 CFR 1940.563 through 
1940.568. Information on basic formula criteria, data source and 
weight, administrative allocation, pooling of funds, and availability 
of the allocation are located on a chart at the end of this notice.
    B. The SFH levels authorized for FY 2000 are as follows:

Section 502  Guaranteed Rural Housing (RH) loans:         $3,200,000,000
 Nonsubsidized guarantees............................
Section 502  Direct RH loans:
    Very Low-Income loans............................        484,000,000
    Low-Income loans.................................        616,000,000
Credit Sales (program and non program)...............          6,254,888
Section 504  Housing Repair loans....................         32,395,288
Section 504  Housing Repair grants...................     \1\ 25,650,573
Section 509  Compensation for construction defects...      \1\ 1,297,169
Section 523  Mutual and Self-Help Technical               \1\ 29,215,509
 Assistance and grants...............................
Section 523  Self-Help Site loans....................          5,008,912
Section 524  RH Site loans...........................          5,000,000
Section 306C  Water and Waste Disposal (WWD) grants..          1,889,621
Sections 525  Technical and Supervisory Assistance         \1\ 2,033,563
 grants: (TSA) and 509 Housing Application Packaging
 grants (HAPG) (Shared Between Single and Multi-
 Family Housing).....................................
Natural Disaster Funds (section 502 loans)...........         60,716,817
Natural Disaster Funds (section 504 loans)...........         15,619,877
Natural Disaster Funds (section 504 grants)..........        11,591,985
 
\1\ Includes carryover.

    C. SFH funding not allocated to States are:
    1. Credit Sale Authority. States will use loan funds to finance 
program Real Estate Owned (REO) sales to program applicants when all 
credit sale authority is exhausted.
    2. Section 509 Compensation for Construction Defects. All claims 
for compensation for construction defects must be submitted to the 
National office for authorization prior to approval.
    3. Section 523 Mutual and Self-Help Technical Assistance Grants. 
$28 million has been appropriated for section 523 Mutual and Self-Help 
Technical Assistance Grants. Of these funds, $1 million is earmarked 
for EZ, EC or REAP Zones until June 30, 2000. The State Director must 
request funding approval from the National office for all requests. A 
technical review and analysis must be completed by the Technical and 
Management Assistance (T&MA) contractor on all predevelopment, new, and 
existing (refunding) grant applications.
    4. Section 523 Mutual and Self-Help Site Loans and Section 524 RH 
Site Loans. The State Director must request funding authority from the 
National office prior to obligating loan funds.
    5. Section 306C WWD Grants to Individuals in Colonias. The 
objective of the section 306C WWD individual grant program is to 
facilitate the use of community water or waste disposal systems for the 
residents of the colonias along the U.S.-Mexico border.
    The total amount available to Arizona, California, New Mexico, and 
Texas will

[[Page 71594]]

be $1,889,621 for FY 2000. This amount includes the carryover 
unobligated balance of $389,621 and the transferred amount of $1.5 
million from the Rural Utilities Service (RUS) to RHS for processing 
individual grant applications. These States will have access to the 
equal quarterly allocation distributions.
    6. Section 525 Technical and Supervisory Assistance (TSA) and 
Section 509 Housing Application Packaging Grants (HAPG). $1 million of 
new funds and $1,033,563 of carry-over funds from previous years remain 
available for the TSA and HAPG programs. State Directors should submit 
proposals from potential applicants to the National office for review 
and concurrence prior to authorizing an application. The 29 eligible 
States under HAPG that have active grantees operating will be able to 
access up to $5,000 for section 502 or 504 loan and grant programs in 
order to continue operations. Reserve requests will be considered on a 
first-come, first-served basis.
    7. Natural Disaster Funds. Funds are available until exhausted to 
those States that have received a Presidential Declaration.
    8. Deferred Mortgage Payment Demonstration. There is no FY 2000 
funding provided for deferred mortgage authority or loans for deferred 
mortgage assumptions.
    9. Section 502  Direct Funds for Families Not Qualifying for 
Payment Assistance. Funds from State's allocation may be used for 
qualified very low- and low-income applicants when the payment 
assistance formula shows there is no need for the subsidy.

II. State Allocations

A. Section 502  Nonsubsidized Guaranteed RH (GRH) Loans
    1. Amount Available for Allocation.

Total Available.......................................    $3,200,000,000
Less National Office General Reserve..................       630,000,000
Less Special Outreach Area Reserve....................       270,000,000
                                                       -----------------
Basic Formula--Administrative Allocation..............     2,300,000,000
 

    2. National Office General Reserve. The Administrator may restrict 
access to this reserve for States not meeting their goals in special 
outreach areas.
    3. Reservation of Funds. Because it is anticipated that demand will 
exceed available funds, States must use the reservation of funds system 
per Sec. 1980.351 of RD Instruction 1980-D.
    4. Special Outreach Areas. FY 2000 GRH funding is allocated to 
States in two funding streams (80/20) similar to the 60/40 income split 
for direct SFH funds. Eighty percent of GRH funds may be used in any 
eligible area. Twenty percent of GRH funds are to be used in special 
outreach areas. Special outreach areas are counties with median incomes 
at or below the State's nonmetropolitan median income. Each funding 
stream will independently be subject to pooling.
    5. National Office Special Area Outreach Reserve. A special 
outreach area reserve fund has been established at the National office. 
Funds from this reserve may only be used in special outreach areas.
    6. Suballocation by the State Director. The State Director may 
retain funds at the State office level or suballocate to the Area or 
Field office level.
B. Section 502  Direct RH Loans
    1. Amount Available for Allocation.

Total Available......................................     $1,100,000,000
Less Required Set Aside for:
  Underserved Counties and Colonias..................         55,000,000
  EZ, EC and REAP Earmark............................         60,500,000
Less General Reserve.................................         96,500,000
  Administrator's Reserve............................         30,000,000
  Hardships & Homelessness...........................          3,500,000
  Homeownership Partnership..........................         60,000,000
  Rural Housing Demonstration Program................          3,000,000
Less Designated Reserve for Self-Help................        110,000,000
Basic Formula Administrative Allocation..............        778,000,000
 

    2. Reserves.
    a. State Office Reserve. State Directors must maintain an adequate 
reserve to fund the following applications:
    (i) Hardship and homeless applicants based upon historical data and 
projected demand. This shall include the direct section 502 loan and 
section 504 loan and grant programs.
    (ii) The State's 25 percent portion of funds for Mutual Self-Help 
loans.
    (iii) Subsequent loans for essential improvements or repairs and 
transfers with assumptions.
    (iv) Financing for the purchase of program REOs when credit sale 
authority has been exhausted.
    (v) State Directors must ensure that not less than 25 percent of 
the initial low-income allocation and 5 percent of the initial very 
low-income allocation are utilized for participation in leveraging 
section 502 direct loan funds.
    (vi) Areas targeted by the State.
    b. National Office Reserves.
    (i) General Reserve. The National office has a general reserve of 
$96.5 million. Of this amount, the Administrator's reserve is $30 
million. One of the purposes of the Administrator's reserve will be for 
loans in Indian Country. Indian Country is defined as land inside the 
boundaries of Indian reservations, communities made up mainly of Native 
Americans, Indian trust and restricted land, and tribal allotted lands. 
The remaining reserves will be distributed as follows:
    (ii) Hardship and Homelessness Reserve. $3.5 million has been set 
aside for hardships and homeless.
    (iii) Homeownership Partnership. $25 million has been set aside for 
Homeownership Partnerships. These funds will be used to expand existing 
partnerships and create new partnerships, such as the following:
    (A) Department of the Treasury, Community Development Financial 
Institutions (CDFI)--Funds will be available to fund leveraged loans 
made in partnership with the Department of the Treasury CDFI 
participants.
    (B) Rural Home Loan Partnership (RHLP). Partnership initiatives 
established to carry out the objectives of the National Partners in 
Homeownership including the RHLP and other strategies or initiatives.
    (iv) Rural Housing Demonstration Program. $3 million has been set 
aside for innovative demonstration initiatives.
    c. Designated Reserve for Self-Help. $110 million has been set 
aside for matching funds to assist participating Self-Help applicants. 
The matching funds were established on the basis of the National office 
contributing 75 percent from the National office reserve and States 
contributing 25 percent of their allocated section 502 RH funds.
    d. Underserved Counties and Colonias. $55,000,000 has been set 
aside for the 100 underserved counties and colonias.
    e. Empowerment Zone (EZ) and Enterprise Community (EC) Earmark. 
These funds are earmarked until June 30, 2000 for loans in EZ, EC or 
REAP Zones. Further information will follow.

[[Page 71595]]

    f. Reserve Requests. All National office reserve requests should be 
submitted by the State Director to the National office on a case-by-
case basis.
    g. 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.)
    h. Suballocation by the State Director. The State Director may 
suballocate to each area office using the methodology and formulas 
required by 7 CFR part 1940, subpart L. If suballocated to the area 
level, the Rural Development Manager will make funds available on a 
first-come, first-served basis to all offices at the field or area 
level. No field office will have its access to funds restricted without 
the prior written approval of the Administrator.
C. Section 504   Housing Loans and Grants
    Section 504 grant funds are included in the Rural Housing 
Assistance Grant program (RHAG) in the FY 2000 appropriation.
    1. Amount available for allocation.

Section 504  Loans:
Total Available.........................................     $32,395,287
Less 5% for 100 Underserved Counties and Colonias.......       1,620,000
  EZ, EC or REAP Zone Earmark...........................       7,000,000
  Less General Reserve..................................       1,500,000
Basic Formula--Administrative Allocation................      22,276,000
Section 504  Grants:
Total Available.........................................      25,650,573
  Less 5% for 100 Underserved Counties and Colonias.....       1,250,000
  Less EZ, EC or REAP Earmark...........................         600,000
  Less General Reserve..................................       1,500,000
Basic Formula--Administrative Allocation................      21,650,000
 

    2. Reserves and Set-asides.
    a. State Office Reserve. State Directors must maintain an adequate 
reserve to handle all anticipated hardship applicants based upon 
historical data and projected demand.
    b. Underserved Counties and Colonias. $1,620,000 and $1,250,000, 
respectively, have been set aside for the 100 underserved counties and 
colonias until June 30, 2000 for the section 504 loan and grant 
programs.
    c. Empowerment Zone (EZ) and Enterprise Community (EC) Earmark 
(Loan Funds Only). $7 million and $600,000, respectively, have been 
earmarked until June 30, 2000 for EZ, EC or REAPs for the section 504 
loan and grant programs.
    d. National Office Reserve. $1.5 million for section 504 loan 
hardships and $1.5 million for section 504 grant extreme hardships have 
been set-aside in the general reserve. For section 504 grants, an 
extreme hardship case is one requiring a significant priority in 
funding, ahead of other requests, due to severe health or safety 
hazards, or physical needs of the applicant.
    Information on basic formula criteria, data source and weight, 
administrative allocation, pooling of funds, and availability of the 
allocation:

----------------------------------------------------------------------------------------------------------------
                                       Section 502
     Number and  description          Nonsubsidized         Section 502         Section 504  Loans and grants
                                   guaranteed RH loans    Direct RH loans
----------------------------------------------------------------------------------------------------------------
1. Basic formula criteria, data   See 7 CFR             See 7 CFR           See 7 CFR 1940.566(b) and
 source, and weight.               1940.563(b).          1940.565(b).        1940.567(b).
2. Administrative allocation:     $1,000,000..........  $1,000,000........  $1,000,000 Loan.
 Western Pacific Area.                                                      $500,000 Grant.
3. Pooling of funds:
    a. Mid year pooling.........  If Necessary........  None Anticipated..  None Anticipated.
    b. Year-end pooling.........  July 14, 2000.......  August 18, 2000...  August 18, 2000.
    c. Underserved Counties &     N/A.................  June 30, 2000.....  June 30, 2000.
     Colonias.
    d. EZ & EC..................  N/A.................  June 30, 2000.....  June 30, 2000.
    e. Credit Sales.............  N/A.................  June 30, 2000.....  N/A.
4. Availability of the
 allocation:
    a. first quarter............  50 percent..........  50 percent........  50 percent.
    b. second quarter...........  75 percent..........  70 percent........  70 percent.
    c. third quarter allocation.  100 percent.........  90 percent........  90 percent.
    a. first quarter............  50 percent..........  50 percent........  50 percent.
    b. second quarter...........  75 percent..........  70 percent........  70 percent.
    c. third quarter............  100 percent.........  90 percent........  90 percent.
    d. fourth quarter...........  N/A.................  100 percent.......  100 percent.
----------------------------------------------------------------------------------------------------------------

    1. Data derived from the 1990 U.S. Census was provided to each 
State by the National office on August 12, 1993.
    2. Due to the absence of census data.
    3. All dates are tentative and are as of close of business (COB). 
Pooled funds will be placed in the National office reserve and made 
available administratively.
    4. Funds will be distributed cumulatively through each quarter 
until the year-end pooling date.

    Dated: December 10, 1999.
Eileen M. Fitzgerald,
Acting Administrator, Rural Housing Service.

 Rural Housing Service FY2000 Multi-Family Housing, Section 533, Housing
                           Preservation Grant
------------------------------------------------------------------------
                                              Formula          Total
                  State                       factor        allocation
------------------------------------------------------------------------
AL......................................         0.02957        $129,083
AK......................................         0.00587          25,625
AZ......................................         0.01780          77,703
AR......................................         0.02310         100,839
CA......................................         0.04653         203,119
CO......................................         0.00840          36,669
DE......................................         0.00190           8,294

[[Page 71596]]

 
MD......................................         0.00880          38,415
FL......................................         0.02890         126,158
GA......................................         0.03867         168,808
HI......................................         0.00790          34,486
WPA.....................................         0.00647          28,244
ID......................................         0.00743          32,435
IL......................................         0.02250          98,220
IN......................................         0.02157          94,160
IA......................................         0.01340          58,496
KS......................................         0.01130          49,328
KY......................................         0.03483         152,045
LA......................................         0.03170         138,381
ME......................................         0.00913          39,856
MA......................................         0.00793          34,617
CT......................................         0.00453          19,776
RI......................................         0.00100           4,365
MI......................................         0.02977         129,956
MN......................................         0.01673          73,032
MS......................................         0.03180         138,818
MO......................................         0.02460         107,387
MT......................................         0.00620          27,065
NE......................................         0.00713          31,125
NV......................................         0.00263          11,481
NJ......................................         0.00657          28,680
NM......................................         0.01437          62,730
NY......................................         0.02753         120,178
NC......................................         0.04497         196,310
ND......................................         0.00413          18,029
OH......................................         0.03450         150,604
OK......................................         0.01917          83,684
OR......................................         0.01423          62,119
PA......................................         0.03687         160,950
PR......................................         0.04923         214,906
SC......................................         0.02690         117,428
SD......................................         0.00597          26,061
TN......................................         0.02973         129,782
TX......................................         0.07645         333,731
UT......................................         0.00430          18,771
VT......................................         0.00403          17,592
NH......................................         0.00503          21,958
VI......................................         0.00273          11,917
VA......................................         0.02660         116,118
WA......................................         0.01743          76,088
WV......................................         0.01937          84,557
WI......................................         0.01873          81,763
WY......................................         0.00307          13,402
                                         ===============================
    DISTR...............................         1.00000       4,365,344
N/O RES.................................  ..............         550,000
EZ/EC/REAP..............................  ..............         600,000
                                         ===============================
    TTL AVAIL...........................  ..............       5,515,344
------------------------------------------------------------------------


 Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section
                     502, Direct Rural Housing Loans
------------------------------------------------------------------------
                                            State basic    Total FY 2000
                 States                   formula factor    allocation
------------------------------------------------------------------------
Alabama.................................       0.0267275         $20,767
Alaska..................................       0.0055160           4,286
Arizona.................................       0.0145422          11,299
Arkansas................................       0.0208104          16,170
California..............................       0.0454819          35,339
Colorado................................       0.0091766           7,130
Delaware................................       0.0024571           1,909
Maryland................................       0.0115334           8,961
Florida.................................       0.0312406          24,274
Virgin Islands..........................       0.0020058           1,559
Georgia.................................       0.0374586          29,105

[[Page 71597]]

 
Hawaii..................................       0.0067195           5,221
W Pac Islands...........................             N/A           1,000
Idaho...................................       0.0076722           5,961
Illinois................................       0.0266774          20,728
Indiana.................................       0.0270785          21,040
Iowa....................................       0.0163474          12,702
Kansas..................................       0.0127369           9,897
Kentucky................................       0.0288838          22,443
Louisiana...............................       0.0246715          19,170
Maine...................................       0.0108314           8,416
Massachusetts...........................       0.0109818           8,533
Connecticut.............................       0.0066693           5,182
Rhode Island............................       0.0015545           1,208
Michigan................................       0.0353525          27,469
Minnesota...............................       0.0199077          15,468
Mississippi.............................       0.0250226          19,443
Missouri................................       0.0252733          19,637
Montana.................................       0.0063685           4,948
Nebraska................................       0.0086752           6,741
Nevada..................................       0.0028583           2,221
New Jersey..............................       0.0097784           7,598
New Mexico..............................       0.0110320           8,572
New York................................       0.0359041          27,898
North Carolina..........................       0.0484405          37,638
North Dakota............................       0.0045131           3,507
Ohio....................................       0.0390131          30,313
Oklahoma................................       0.0174005          13,520
Oregon..................................       0.0154949          12,040
Pennsylvania............................       0.0467857          36,352
Puerto Rico.............................       0.0239695          18,624
South Carolina..........................       0.0258249          20,066
South Dakota............................       0.0062682           4,870
Tennessee...............................       0.0291846          22,676
Texas...................................       0.0660415          51,314
Utah....................................       0.0040618           3,156
Vermont.................................       0.0052653           4,091
New Hampshire...........................       0.0072711           5,650
Virginia................................       0.0289841          22,521
Washington..............................       0.0187042          14,533
West Virginia...........................       0.0175008          13,598
Wisconsin...............................       0.0237188          18,429
Wyoming.................................       0.0036105           2,805
                                         ===============================
    State Totals........................       1.0000000         778,000
General Reserve.........................  ..............          96,500
EZ/EC/Reap Earmark......................  ..............          60,500
100 Underserved Counties/Colonias.......  ..............          55,000
Self Help...............................  ..............         110,000
                                         -------------------------------
    Total...............................  ..............       1,100,000
------------------------------------------------------------------------


     Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section 502, Direct Rural Housing Loans
----------------------------------------------------------------------------------------------------------------
                                                                                     Very low-
                                                                   Total FY 2000      income        Low-income
                             States                                 allocation    allocation  40  allocation  60
                                                                                      percent         percent
----------------------------------------------------------------------------------------------------------------
    Alabama.....................................................         $20,767          $8,307         $12,460
    Alaska......................................................           4,286           1,714           2,572
    Arizona.....................................................          11,299           4,520           6,780
    Arkansas....................................................          16,170           6,468           9,702
    California..................................................          35,339          14,136          21,204
    Colorado....................................................           7,130           2,852           4,278
    Delaware....................................................           1,909             764           1,146
    Maryland....................................................           8,961           3,585           5,377
    Florida.....................................................          24,274           9,710          14,564
    Virgin Islands..............................................           1,559             623             935
    Georgia.....................................................          29,105          11,642          17,463

[[Page 71598]]

 
    Hawaii......................................................           5,221           2,088           3,133
    W Pac Islands...............................................           1,000             400             600
    Idaho.......................................................           5,961           2,385           3,577
    Illinois....................................................          20,728           8,291          12,437
    Indiana.....................................................          21,040           8,416          12,624
    Iowa........................................................          12,702           5,081           7,621
    Kansas......................................................           9,897           3,959           5,938
    Kentucky....................................................          22,443           8,977          13,466
    Louisiana...................................................          19,170           7,668          11,502
    Maine.......................................................           8,416           3,366           5,050
    Masschusetts................................................           8,533           3,413           5,120
    Connecticut.................................................           5,182           2,073           3,109
    Rhode Island................................................           1,208             483             725
    Michigan....................................................          27,469          10,988          16,481
    Minnesota...................................................          15,468           6,187           9,281
    Mississippi.................................................          19,443           7,777          11,666
    Missouri....................................................          19,637           7,855          11,782
    Montana.....................................................           4,948           1,979           2,969
    Nebraska....................................................           6,741           2,696           4,044
    Nevada......................................................           2,221             888           1,333
    New Jersey..................................................           7,598           3,039           4,559
    New Mexico..................................................           8,572           3,429           5,143
    New York....................................................          27,898          11,159          16,739
    North Carolina..............................................          37,638          15,055          22,583
    North Dakota................................................           3,507           1,403           2,104
    Ohio........................................................          30,313          12,125          18,188
    Oklahoma....................................................          13,520           5,408           8,112
    Oregon......................................................          12,040           4,816           7,224
    Pennsylvania................................................          36,352          14,541          21,811
    Puerto Rico.................................................          18,624           7,450          11,175
    South Carolina..............................................          20,066           8,026          12,040
    South Dakota................................................           4,870           1,948           2,922
    Tennessee...................................................          22,676           9,071          13,606
    Texas.......................................................          51,314          20,526          30,789
    Utah........................................................           3,156           1,262           1,894
    Vermont.....................................................           4,091           1,636           2,455
    New Hampshire...............................................           5,650           2,260           3,390
    Virginia....................................................          22,521           9,008          13,512
    Washington..................................................          14,533           5,813           8,720
    West Virginia...............................................          13,598           5,439           8,159
    Wisconsin...................................................          18,429           7,372          11,058
    Wyoming.....................................................           2,805           1,122           1,683
                                                                 ===============================================
    State Totals................................................         778,000         311,200         466,800
General Reserve.................................................          96,500          44,100          52,400
100 Counties/Colonias...........................................          55,000          33,000          22,000
EZ/EC/Reap Earmark..............................................          60,500          36,300          24,200
Self Help.......................................................         110,000          59,400          50,600
                                                                 -----------------------------------------------
    Total.......................................................       1,100,000         484,000         616,000
----------------------------------------------------------------------------------------------------------------


 Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section
                  502, Guaranteed Loans (Nonsubsidized)
------------------------------------------------------------------------
                                            State basic    Total FY 2000
                 States                   formula factor    allocation
------------------------------------------------------------------------
Alabama.................................       0.0253847         $58,360
Alaska..................................       0.0061561          14,153
Arizona.................................       0.0155290          35,701
Arkansas................................       0.0213661          49,121
California..............................       0.0524861         120,666
Colorado................................       0.0100701          23,151
Delaware................................       0.0024043           5,527
Maryland................................       0.0104750          24,082
Florida.................................       0.0308357          70,891
Virgin Islands..........................       0.0027236           6,262

[[Page 71599]]

 
Georgia.................................       0.0385293          88,579
Hawaii..................................       0.0083323          19,156
W Pac Islands...........................             N/A           1,000
Idaho...................................       0.0077774          17,880
Illinois................................       0.0256395          58,945
Indiana.................................       0.0236023          54,261
Iowa....................................       0.0151422          34,812
Kansas..................................       0.0123032          28,285
Kentucky................................       0.0286790          65,933
Louisiana...............................       0.0256223          58,906
Maine...................................       0.0113916          26,189
Massachusetts...........................       0.0117468          27,006
Connecticut.............................       0.0065708          15,106
Rhode Island............................       0.0017216           3,958
Michigan................................       0.0337181          77,518
Minnesota...............................       0.0184738          42,471
Mississippi.............................       0.0259670          59,698
Missouri................................       0.0253687          58,323
Montana.................................       0.0067138          15,435
Nebraska................................       0.0083216          19,131
Nevada..................................       0.0029735           6,836
New Jersey..............................       0.0091825          21,111
New Mexico..............................       0.0117200          26,944
New York................................       0.0369739          85,003
North Carolina..........................       0.0471742         108,453
North Dakota............................       0.0040847           9,391
Ohio....................................       0.0378081          86,921
Oklahoma................................       0.0175713          40,396
Oregon..................................       0.0166212          38,212
Pennsylvania............................       0.0438367         100,781
Puerto Rico.............................       0.0250931          57,689
South Carolina..........................       0.0249510          57,362
South Dakota............................       0.0065435          15,043
Tennessee...............................       0.0276859          63,650
Texas...................................       0.0665018         152,888
Utah....................................       0.0039861           9,164
Vermont.................................       0.0057475          13,214
New Hampshire...........................       0.0075234          17,296
Virginia................................       0.0278404          64,005
Washington..............................       0.0200905          46,188
West Virginia...........................       0.0172518          39,662
Wisconsin...............................       0.0222867          51,237
Wyoming.................................       0.0035006           8,048
                                         ===============================
    State Totals........................       1.0000000       2,300,000
General Reserve.........................  ..............         630,000
Special Outreach Areas Reserve..........  ..............         270,000
                                         ===============================
    Total...............................  ..............       3,200,000
------------------------------------------------------------------------


 Rural Housing Service Fiscal Year 2000 Alloction in Thousands, Section
                        504, Rural Housing Loans
------------------------------------------------------------------------
                                            State basic    Total FY 2000
                 States                   formula factor    allocation
------------------------------------------------------------------------
Alabama.................................       0.0300207            $612
Alaska..................................       0.0082816             169
Arizona.................................       0.0207039             422
Arkansas................................       0.0232919             475
California..............................       0.0548654           1,118
Colorado................................       0.0087992             179
Delaware................................             N/A             100
Maryland................................       0.0098344             200
Florida.................................       0.0305383             622
Virgin Islands..........................             N/A             100
Georgia.................................       0.0408903             833
Hawaii..................................       0.0103520             211
W Pac Islands...........................             N/A           1,000
Idaho...................................       0.0077640             158

[[Page 71600]]

 
Illinois................................       0.0232919             475
Indiana.................................       0.0227743             464
Iowa....................................       0.0134576             274
Kansas..................................       0.0119048             243
Kentucky................................       0.0331263             675
Louisiana...............................       0.0305383             622
Maine...................................       0.0103520             211
Massachusetts...........................       0.0082816             169
Connecticut.............................             N/A             100
Rhode Island............................             N/A             100
Michigan................................       0.0300207             612
Minnesota...............................       0.0181159             369
Mississippi.............................       0.0310559             633
Missouri................................       0.0248447             506
Montana.................................       0.0062112             127
Nebraska................................       0.0072464             148
Nevada..................................             N/A             100
New Jersey..............................       0.0072464             148
New Mexico..............................       0.0155280             316
New York................................       0.0295031             601
North Carolina..........................       0.0491718           1,002
North Dakota............................             N/A             100
Ohio....................................       0.0341615             696
Oklahoma................................       0.0181159             369
Oregon..................................       0.0155280             316
Pennsylvania............................       0.0383023             780
Puerto Rico.............................       0.0351967             717
South Carolina..........................       0.0289855             591
South Dakota............................       0.0062112             127
Tennessee...............................       0.0305383             622
Texas...................................       0.0807453           1,645
Utah....................................             N/A             100
Vermont.................................             N/A             100
New Hampshire...........................       0.0056936             116
Virginia................................       0.0305383             622
Washington..............................       0.0191511             390
West Virginia...........................       0.0186335             380
Wisconsin...............................       0.0201863             411
Wyoming.................................             N/A             100
                                         ===============================
    State Totals........................       1.0000000          22,275
General Reserve.........................  ..............           1,500
EZ/EC/Reap Earmark......................  ..............           7,000
100 Underserved Counties/Colonias.......  ..............           1,620
                                         -------------------------------
    Total...............................  ..............          32,395
------------------------------------------------------------------------


 Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section
                        504, Rural Housing Grants
------------------------------------------------------------------------
                                            State basic    Total FY 2000
                 States                   formula factor    allocation
------------------------------------------------------------------------
Alabama.................................       0.0288363            $605
Alaska..................................       0.0058359             122
Arizona.................................       0.0175007             367
Arkansas................................       0.0230003             482
California..............................       0.0494336           1,037
Colorado................................       0.0085822             180
Delaware................................             N/A             100
Maryland................................       0.0102987             216
Florida.................................       0.0350154             734
Virgin Islands..........................             N/A             100
Georgia.................................       0.0377618             792
Hawaii..................................       0.0078957             166
W Pac Islands...........................             N/A             500
Idaho...................................       0.0075524             158
Illinois................................       0.0271198             569
Indiana.................................       0.0250601             525
Iowa....................................       0.0168211             353

[[Page 71601]]

 
Kansas..................................       0.0137315             288
Kentucky................................       0.0305527             641
Louisiana...............................       0.0267765             561
Maine...................................       0.0106419             223
Massachusetts...........................       0.0099554             209
Connecticut.............................       0.0054926             115
Rhode Island............................             N/A             100
Michigan................................       0.0326124             684
Minnesota...............................       0.0202540             425
Mississippi.............................       0.0278064             583
Missouri................................       0.0264332             554
Montana.................................       0.0061792             130
Nebraska................................       0.0089255             187
Nevada..................................             N/A             100
New Jersey..............................       0.0085822             180
New Mexico..............................       0.0127017             266
New York................................       0.0332990             698
North Carolina..........................       0.0484037           1,015
North Dakota............................             N/A             100
Ohio....................................       0.0370752             777
Oklahoma................................       0.0188809             396
Oregon..................................       0.0161346             338
Pennsylvania............................       0.0449708             943
Puerto Rico.............................       0.0271199             569
South Carolina..........................       0.0267765             561
South Dakota............................       0.0065225             137
Tennessee...............................       0.0302094             633
Texas...................................       0.0734638           1,540
Utah....................................             N/A             100
Vermont.................................             N/A             100
New Hampshire...........................       0.0061792             130
Virginia................................       0.0291795             612
Washington..............................       0.0188809             396
West Virginia...........................       0.0185376             389
Wisconsin...............................       0.0230003             482
Wyoming.................................             N/A             100
                                         ===============================
    State Totals........................        1.000000          22,267
General Reserve.........................  ..............           1,500
EZ/EC/Reap Earmark......................  ..............             600
100 Underserved Counties/Colonias.......  ..............           1,283
                                         ===============================
    Total...............................  ..............          25,650
------------------------------------------------------------------------

[FR Doc. 99-32957 Filed 12-20-99; 8:45 am]
BILLING CODE 3410-XV-U