[Federal Register Volume 74, Number 109 (Tuesday, June 9, 2009)]
[Notices]
[Page 27340]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-13525]



[[Page 27340]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5311-N-02]


Notice of Availability: Notice of Funding Availability (NOFA) for 
American Recovery and Reinvestment Act Capital Fund Recovery 
Competition Grants; Corrections, Changes, and Clarifications

AGENCY: Office of the Assistant Secretary for Public and Indian 
Housing, HUD.

ACTION: Notice.

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SUMMARY: On May 7, 2009, HUD posted on its website its Notice of 
Funding Availability (NOFA) for HUD's American Recovery and 
Reinvestment Act Capital Fund Recovery Competition (CFRC) Grants. 
Through this document, HUD announces that it has posted on its Web site 
a revised NOFA that corrects, changes and clarifies a number of 
criteria established in the document posted on May 7, 2009. The 
corrections, changes, and clarifications to the NOFA include, among 
other items, the following: adding threshold funding caps in Categories 
1, 2 and 3 for public housing agencies (PHAs) designated as High 
Performers; adding a rating factor on High Performer status to Category 
4; amending the Capacity threshold requirement relating to the Capital 
Fund; clarifying the threshold requirement of Category 2, Public 
Housing Transformation, that deals with the census tract and the 
concentration of poverty; adding definitions of leverage and match and 
adding tie-breaking criteria based on leverage and match; amending the 
leverage ratio criteria in Category 1 required for Round 1 
consideration; amending the Category 3 threshold requirement to require 
that any demolition and/or disposition applications had to be submitted 
to HUD no later than the date of the publication of the revised NOFA; 
and clarifying certain other Category 4 rating factors and funding 
limits. Please see the revised NOFA document for all the corrections, 
changes, and clarifications made. To permit applicants time to prepare 
applications that take into account these and other changes 
incorporated in the revised NOFA, HUD is revising the application 
deadline dates for each funding category: For Threshold-Based 
applications (Categories 1, 2 and 3), the Department will assign the 
first Ordinal on July 6, 2009; but will begin accepting applications on 
June 22, 2009. For Rated and Ranked applications (Category 4), the 
deadline date for applications is July 29, 2009, but HUD will begin 
accepting applications on June 22, 2009. The NOFA which reflects these 
changes, corrections and clarifications is available on the HUD Web 
site at: http://www.hud.gov/recovery (which connects to the Office of 
Capital Improvements Web site, http://www.hud.gov/offices/pih/programs/ph/capfund/ocir.cfm).

FOR FURTHER INFORMATION CONTACT: If you have a question or need a 
clarification, you may contact the Office of Capital Improvements by 
sending an email message to [email protected]. Please see http://www.hud.gov/offices/pih/programs/ph/capfund/ocir.cfm, which can be 
accessed from http://www.hud.gov/recovery/, for additional information.

    Dated: June 3, 2009.
Dominique G. Blom,
Deputy Assistant Secretary for Public Housing Investments.
[FR Doc. E9-13525 Filed 6-5-09; 11:15 am]
BILLING CODE 4210-67-P