[Federal Register Volume 69, Number 236 (Thursday, December 9, 2004)]
[Notices]
[Pages 71421-71422]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E4-3593]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4837-D-54]


Delegation of Authority Under Section 42(d)(5)(C) of the Internal 
Revenue Code

AGENCY: Office of the Secretary, HUD.

ACTION: Notice.

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SUMMARY: In this notice, the Secretary delegates to the Assistant 
Secretary for Policy Development and Research concurrent authority to 
carry out the duties and responsibilities authorized to the Secretary 
of HUD by Section 42(d)(5)(C) of the Internal Revenue Code.

DATES: Effective Date: January 1, 2005.

FOR FURTHER INFORMATION CONTACT: Kurt G. Usowski, Associate Deputy 
Assistant Secretary for Economic Affairs, Office of Policy Development 
and Research, Room 8204, Department of Housing and Urban Development, 
451 Seventh Street, SW., Washington, DC 20410-6000, telephone (202) 
708-2770 (this is not a toll-free number), or email [email protected]. Persons with speech or hearing impairments may access 
this number through TTY by calling the Federal Information Relay 
Service at 800-877-8339.

SUPPLEMENTARY INFORMATION: Section 42(d)(5)(C) of the Internal Revenue 
Code of 1986 (26 U.S.C. 42(d)(5)(C)) authorizes the Secretary of HUD to 
designate qualified census tracts and difficult development areas for 
the low-income housing tax credit. Section 7(d) of the Department of 
Housing and Urban Development Act (42 U.S.C. 3535(d)) authorizes the 
Secretary to delegate this authority, and the Secretary delegates the 
authority as follows:

[[Page 71422]]

Section A. Authority Delegated

    The Secretary delegates to the Assistant Secretary for Policy 
Development and Research, concurrent with the Secretary's authority, 
the authority to designate qualified census tracts and difficult 
development areas for the low-income housing tax credit as authorized 
by Section 42(d)(5)(C) of the Internal Revenue Code of 1986 (26 U.S.C. 
42(d)(5)(C)), as well as such other statutory authority, duties, and 
responsibilities related to the designation of these tracts and areas.

Section B. Redelegation

    The authority delegated to the Assistant Secretary for Policy 
Development and Research in Section A may not be redelegated.


    Authority: Section 42(d)(5)(C) of the Internal Revenue Code of 
1986 (26 U.S.C. 42(d)(5)(C)), and Section 7(d) of the Department of 
Housing and Urban Development Act (42 U.S.C. 3535(d)).

    Dated: October 25, 2004.
Alphonso Jackson,
Secretary.
[FR Doc. E4-3593 Filed 12-8-04; 8:45 am]
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