[Federal Register Volume 78, Number 168 (Thursday, August 29, 2013)]
[Notices]
[Pages 53423-53424]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-21059]


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DEPARTMENT OF AGRICULTURE

Rural Housing Service


Section 538 Guaranteed Rural Rental Housing Program for Fiscal 
Year 2013

AGENCY: Rural Housing Service, USDA.

ACTION: Notice; amendment.

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SUMMARY: The Rural Housing Service (RHS) is amending a Notice published 
May 23, 2013 (78 FR 30854-30860). This action is taken to extend the 
eligible properties to include Rural Development financed Farm Labor 
Housing properties. This amendment is to ensure that all eligible 
properties are included.

Correction

    In the Federal Register May 23, 2013, in FR Doc. 2013-12325, on 
page 30857, the first column, first paragraph, is amended to read as 
follows:
    Also eligible is the revitalization, repair and transfer (as 
stipulated in 7 CFR 3560.406) of existing direct Section 515 and 
Section 514/516 Farm Labor Housing (FLH) (transfer costs are subject to 
Agency approval and must be an eligible use of loan proceeds as listed 
in 7 CFR 3565.205), and properties involved in the Agency's Multi-
Family Preservation and Revitalization (MPR) program. Equity payment, 
as stipulated in 7 CFR 3560.406, in the transfer of existing direct 
Section 515 and Section 514/516 FLH, is an eligible use of guaranteed 
loan proceeds; however, the amount of funding available for transfers 
of existing Section 515 and Section 514/516 FLH properties involving 
equity payments will be limited to 25 percent of the FY 2013 funding 
level through July 31, 2013 * * *
    On page 30858, under the heading ``Data element'' the 18th data 
element is amended to read Revitalization, Repair, and Transfer (as 
stipulated in 7 CFR 3560.406) of Existing Direct Section 515 and 
Section 514/516 FLH or MPR.
    On page 30859, in the third column, under the heading ``Priority 
6'' is amended to read: Responses for the revitalization, repair, and 
transfer (as stipulated in 7 CFR 3560.406) of existing direct section 
515 and section 514/516 FLH and properties * * *
    On page 30859, in the third column, under the heading ``Priority 
7'' is amended to read: Section 515 Rural Rental Housing and Section 
514/516 FLH Projects--Projects in which Section 538 funds will not be 
used to finance new construction of Section 515 Rural Rental Housing or 
Section 514/516 FLH projects * * *


[[Page 53424]]


    Dated: August 20, 2013.
Richard A. Davis,
Acting Administrator, Rural Housing Service.
[FR Doc. 2013-21059 Filed 8-28-13; 8:45 am]
BILLING CODE 3410-XV-P