[Federal Register Volume 78, Number 191 (Wednesday, October 2, 2013)]
[Notices]
[Page 61002]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-24134]


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

DEPARTMENT OF VETERANS AFFAIRS


Loan Guaranty: Assistance to Eligible Individuals in Acquiring 
Specially Adapted Housing; Cost-of-Construction Index

AGENCY: Department of Veterans Affairs.

ACTION: Notice.

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

SUMMARY: The Department of Veterans Affairs (VA) announces that the 
aggregate amounts of assistance available under the Specially Adapted 
Housing (SAH) grant program will increase by 3.995 percent for fiscal 
year (FY) 2014.

FOR FURTHER INFORMATION CONTACT: John Bell, III Assistant Director for 
Loan Policy and Valuation, Department of Veterans Affairs, 810 Vermont 
Avenue NW., Washington, DC 20420, (202) 632-8786. (This is not a toll-
free number.)

SUPPLEMENTARY INFORMATION: In accordance with 38 U.S.C. 2102(e), 
2102A(b)(2), and 38 CFR 36.4412(c), the Secretary of Veterans Affairs 
announces the aggregate amounts of assistance available to eligible 
veterans and servicemembers eligible for SAH program grants during FY 
2014.
    Public Law 110-289, the Housing and Economic Recovery Act of 2008, 
authorized the Secretary to increase the aggregate amounts of SAH 
assistance annually based on a residential home cost-of-construction 
index. The Secretary uses the Turner Building Cost Index for this 
purpose.
    In the most recent quarter for which the Turner Building Cost Index 
is available, Quarter 2 FY 2013, the index showed an increase of 3.995 
percent over the index value in Quarter 2 FY 2012. Pursuant to the 
authority cited above, therefore, the aggregate amounts of assistance 
of SAH grants will increase by 3.995 percent during FY 2014.
    Public Law 112-154, the Honoring America's Veterans and Caring for 
Camp Lejeune Families of 2012, requires that the same percentage of 
increase apply to grants authorized pursuant to 38 U.S.C. 2102A. As 
such, the maximum amount of assistance of these grants, which are 
called grants for Temporary Residence Adaptation (TRA grants), will be 
increased by 3.995 percent during FY 2014.

Specially Adapted Housing: Aggregate Amounts of Assistance Available 
During Fiscal Year 2014

Section 2101(a) Grants and TRA Grants

    The aggregate amount of assistance available for SAH grants made 
pursuant to 38 U.S.C. 2101(a) will be $67,555 during FY 2014. The 
maximum TRA grant made to an individual who satisfies the eligibility 
criteria under section 2101(a) will be $29,657 during FY 2014.

Section 2101(b) Grants and TRA Grants

    The aggregate amount of assistance available for SAH grants made 
pursuant to 38 U.S.C. 2101(b) will be $13,511 during FY 2014. The 
maximum TRA grant made to an individual who satisfies the eligibility 
criteria under section 2101(b) will be $5,295 during FY 2014.

    Approved: September 25, 2013.
Jose D. Riojas,
Chief of Staff, Department of Veterans Affairs.
[FR Doc. 2013-24134 Filed 10-1-13; 8:45 am]
BILLING CODE 8320-01-P