[Federal Register: May 16, 2003 (Volume 68, Number 95)]
[Notices]
[Page 26943]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16my03-164]
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DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Funds Availability (NOFA) for Section 533 Housing
Preservation Grants for Fiscal Year (FY) 2003
AGENCY: Rural Housing Service (RHS), USDA.
ACTION: Notice.
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SUMMARY: This NOFA announces the availability of funds for section 533
Housing Preservation Grant (HPG) Program. By prior notice in the
Federal Register, the Agency announced a deadline of March 27, 2003, 5
p.m., local time for each Rural Development State Office, for
submitting applications for Section 533 Housing Preservation Grant
Program. The ``Notice of Timeframe for the section 533 Housing
Preservation Grants for Fiscal Year 2003'' was published in the Federal
Register on December 27, 2002 (67 FR 79036). This was done prior to
passage of a final appropriations act to allow sufficient time for
applicants to complete an application and for the Agency to select and
process selected applications within the current fiscal year. Detailed
information regarding the application and selection process, as well as
a listing of the Rural Development State Offices, may be found in the
December 27, 2002, Notice.
FOR FURTHER INFORMATION CONTACT: For general information, applicants
may contact Mary Fox, Senior Loan Officer, Multi-Family Housing
Processing Division, Rural Housing Service, United States Department of
Agriculture, Stop 0781, 1400 Independence Avenue, SW., Washington, DC
20250, telephone (202) 720-1624 (voice) (this is not a toll free
number) or (800) 877-8339 (TDD--Federal Information Relay Service).
SUPPLEMENTARY INFORMATION:
Programs Affected
This program is listed in the Catalog of Federal Domestic
Assistance under Number 10.433, Rural Housing Preservation Grants. This
program is subject to the provisions of Executive Order 12372 which
requires intergovernmental consultation with State and local officials
(7 CFR part 3015, subpart V). Applicants are referred to 7 CFR 1944.674
and 1944.676(f), (g), and (h) for specific guidance on these
requirements relative to the HPG program.
Discussion of Notice
I. Authority and Distribution Methodology
A. Authority
The HPG program is a grant program which provides qualified public
agencies, private nonprofit organizations, and other eligible entities
grant funds to assist very low- and low-income homeowners to repair and
rehabilitate their homes in rural areas, and to assist rental property
owners and cooperative housing complexes to repair and rehabilitate
their units if they agree to make such units available to low- and very
low-income persons. This action is taken to comply with Agency
regulations found in 7 CFR part 1944, subpart N, which requires the
Agency to announce the opening and closing dates for receipt of
preapplications for HPG funds from eligible applicants. The intended
effect of this Notice is to provide eligible organizations notice of
these dates.
B. Distribution Methodology
The funding instrument for the HPG program will be a grant
agreement. The term of the grant can vary from 1 to 2 years, depending
on available funds and demand. No maximum or minimum grant levels have
been established at the National level. You should contact the State
office to determine the allocation and the State maximum grant level,
if any. For FY 2003, $9,935,000 is available for the Housing
Preservation Grant Program. A set aside of $596,100 has been
established for grants located in Empowerment Zones, Enterprise
Communities, and REAP Zones, $997,400 has been set aside for the
Administrator's reserve and $8,341,500 has been distributed under a
formula allocation to States pursuant to 7 CFR part 1940, subpart L,
``Methodology and Formulas for Allocation of Loan and Grant Program
Funds.'' Decisions on funding will be based on preapplications.
Dated: May 12, 2003.
Arthur A. Garcia,
Administrator, Rural Housing Service.
[FR Doc. 03-12247 Filed 5-15-03; 8:45 am]
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