[Federal Register Volume 87, Number 235 (Thursday, December 8, 2022)]
[Notices]
[Pages 75330-75331]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-26656]


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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 8.09% for fiscal year (FY) 
2023.

DATES: The increases in the aggregate amounts outlined in this notice 
are effective as of October 1, 2022.

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

[[Page 75331]]

Secretary of Veterans Affairs announces for FY 2023 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. The Secretary uses the Turner Building 
Cost Index for this purpose. See 38 CFR 36.4411(a). 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 2022, the index showed an increase of 
8.09% over the index value listed for second quarter of 2021. Turner 
Construction Company, https://www.turnerconstruction.com/cost-index 
(last visited August 22, 2022). Pursuant to 38 CFR 36.4411(a), 
therefore, the aggregate amounts of assistance for SAH grants made 
under 38 U.S.C. 2101(a) and 2101(b) have increased by 8.09% for FY 
2023.
    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 has also increased by 
8.09% for FY 2023.
    The increases are effective as of October 1, 2022. 38 U.S.C. 
2102(e), 38 U.S.C. 2102A(b)(2) and 38 U.S.C. 2102B(b)(2) and 38 CFR 
36.4411.

SAH: Aggregate Amounts of Assistance Available During FY 2023

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

    Effective October 1, 2022, the aggregate amount of assistance 
available for SAH grants made pursuant to 38 U.S.C. 2101(a) is $109,986 
during FY 2023.
    The maximum TRA grant made to an individual who satisfies the 
eligibility criteria under 38 U.S.C. 2101(a) and 2102A is $44,299 
during FY 2023.

Section 2101(b) Grants and TRA Grants

    Effective as of October 1, 2022, the aggregate amount of assistance 
available for SAH grants made pursuant to 38 U.S.C. 2101(b) is $22,036 
during FY 2023.
    The maximum TRA grant made to an individual who satisfies the 
eligibility criteria under 38 U.S.C. 2101(b) and 2102A is $7,910 during 
FY 2023.

Section 2102B Grants

    Effective as of October 1, 2022, the amount of assistance available 
for grants made pursuant to 38 U.S.C. 2102B is $100,909 during FY 2023; 
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 November 29, 2022, 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. 2022-26656 Filed 12-7-22; 8:45 am]
BILLING CODE 8320-01-P