[Federal Register Volume 87, Number 8 (Wednesday, January 12, 2022)]
[Notices]
[Pages 1839-1840]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-00369]


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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.

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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 .85 percent for fiscal 
year (FY) 2022.

DATES: The increases in the aggregate amounts outlined in this notice 
are effective as of October 1, 2021.

FOR FURTHER INFORMATION CONTACT: Terry Rouch, Assistant Director for 
Loan Policy and Valuation, Loan Guaranty Service, Veterans Benefits 
Administration, Department of Veterans Affairs, 810 Vermont Avenue NW, 
Washington, DC 20420, 202-632-8862. (This is not a toll-free number.)

SUPPLEMENTARY INFORMATION: In accordance with 38 U.S.C. 2102(e), 38 
U.S.C. 2102A(b)(2), 38 U.S.C. 2102B(b)(2) and 38 CFR 36.4411, the 
Secretary of Veterans Affairs announces for FY 2022 the aggregate 
amounts of assistance available to veterans and Service members 
eligible for SAH program grants.
    Section 2102(e)(2) authorizes the Secretary to increase the 
aggregate amounts of SAH assistance annually based on a residential 
home cost-of construction index. Per 38 CFR 36.4411(a), the Secretary 
uses the Turner Building Cost Index for this purpose. Such increase 
will be equal to the percentage by which the Turner Building Cost Index 
for the most recent calendar year exceeds that of the next preceding 
calendar year. If, however, the Turner Building Cost Index for the most 
recent full calendar year is equal to or less than the next preceding 
calendar year, the percentage increase will be zero. See 38 CFR 
36.4411(b).
    In the most recent quarter for which the Turner Building Cost Index 
is available, second quarter of 2021, the index showed an increase of 
.85 percent over the index value listed for second quarter of 2020. 
http://www.turnerconstruction.com/cost-index (last visited August 2, 
2021). Pursuant to 38 CFR 36.4411(a), therefore, the aggregate

[[Page 1840]]

amounts of assistance for SAH grants made pursuant to 38 U.S.C. 2101(a) 
and 2101(b) will increase by .85 percent for FY 2022.
    Sections 2102A(b)(2) and 2102B(b)(2) require the Secretary to apply 
the same percentage calculated pursuant to section 2102(e) to grants 
authorized pursuant to sections 2102A and 2102B. As such, the maximum 
amount of assistance available under these grants will also increase by 
.85 percent for FY 2022.
    The increases are effective as of October 1, 2021. 38 U.S.C. 
2102(e), 38 U.S.C. 2102A(b)(2) and 38 U.S.C. 2102B(b)(2).

SAH: Aggregate Amounts of Assistance Available During FY 2022

Section 2101(a) Grants and Temporary Residence Adaptation (TRA) Grants

    Effective October 1, 2021, the aggregate amount of assistance 
available for SAH grants made pursuant to 38 U.S.C. 2101(a) will be 
$101,754 during FY 2022.
    The maximum TRA grant made to an individual who satisfies the 
eligibility criteria under 38 U.S.C. 2101(a) and 2102A will be $40,983 
during FY 2022.

Section 2101(b) Grants and TRA Grants

    Effective as of October 1, 2021, the aggregate amount of assistance 
available for SAH grants made pursuant to 38 U.S.C. 2101(b) will be 
$20,387 during FY 2022.
    The maximum TRA grant made to an individual who satisfies the 
eligibility criteria under 38 U.S.C. 2101(b) and 2102A will be $7,318 
during FY 2022.

Section 2102B Grants

    Effective as of October 1, 2021, the amount of assistance available 
for grants made pursuant to 38 U.S.C. 2102B will be $93,356 during FY 
2022; however, the Secretary may waive this limitation for a veteran if 
the Secretary determines a waiver is necessary for the rehabilitation 
program of the veteran.
Signing Authority
    Denis McDonough, Secretary of Veterans Affairs, approved this 
document on December 21,2021, and authorized the undersigned to sign 
and submit the document to the Office of the Federal Register for 
publication electronically as an official document of the Department of 
Veterans Affairs.

Jeffrey M. Martin,
Assistant Director, Office of Regulation Policy & Management, Office of 
General Counsel, Department of Veterans Affairs.
[FR Doc. 2022-00369 Filed 1-11-22; 8:45 am]
BILLING CODE 8320-01-P