[Federal Register Volume 70, Number 88 (Monday, May 9, 2005)]
[Notices]
[Page 24372]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-9156]


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DEPARTMENT OF AGRICULTURE

Rural Housing Service


Notice for Requests for Proposals for Guaranteed Loans Under the 
Section 538 Guaranteed Rural Rental Housing Program (GRRHP) for Fiscal 
Year 2005

AGENCY: Rural Housing Service, USDA.

ACTION: Notice; correction.

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SUMMARY: The Rural Housing Service (RHS) is correcting a notice 
published March 14, 2005 (70 FR 12569-12575). This action is taken to 
correct language that purports that Notice responses that score less 
than 25 points or score 25 points or more but have a development cost 
ratio of equal to or more than 70 percent may not be selected for 
further processing and obligation after June 13, 2005. These 
corrections are intended to ensure that all Notice responses received 
prior to June 13, 2005, and that meet program criteria, but score less 
than 25 points or score 25 points or more but have a development cost 
ratio of equal to or more than 70 percent may be selected for 
obligation after June 13, 2005, with the highest scoring responses 
receiving priority as long as funds remain available. These corrections 
are also intended to ensure that the Agency will continue to select the 
highest scoring Notice responses received after June 13, 2005, 
notwithstanding the score, as long as the response meets program 
criteria and funds remain available.
    Accordingly, the Notice published on March 14, 2005 (70 FR 12569-
12575), is corrected as follows:
    On page 12569, in the first column, fourth paragraph, under the 
heading DATES, the fourth sentence is corrected to read as follows: 
``Each month after June 13, 2005, the Agency will select the highest 
scoring proposals, in light of the remaining funding, until all funds 
are expended.''
    On page 12569, in the second column, under the heading DATES, the 
fifth sentence, ``Priority for the selection of proposals that meet the 
threshold score of 25 will be given to the highest scoring proposals,'' 
is removed.
    On page 12574, in the first column, first paragraph, under the 
heading ``Scoring of Priority Criteria for Selection of Projects,'' the 
fifth sentence is corrected to read as follows: ``Each month after June 
13, 2005, the Agency will select the highest scoring proposals, in 
light of the remaining funding, until all funds are expended.''
    On page 12574, in the first column, first paragraph, under the 
heading ``Scoring of Priority Criteria for Selection of Projects,'' the 
sixth sentence, ``Priority for the selection of proposals that meet the 
threshold score of 25 will be given to the highest scoring proposals,'' 
is removed.

    Dated: April 8, 2005.
Russell T. Davis,
Administrator, Rural Housing Service.
[FR Doc. 05-9156 Filed 5-6-05; 8:45 am]
BILLING CODE 3410-XV-P