80 FR 32526 - Notice of Intent to Accept Applications To Be an Intermediary Under the Certified Loan Application Packaging Process Within the Section 502 Direct Single Family Housing Program
DEPARTMENT OF AGRICULTURE
Rural Housing Service Federal Register Volume 80, Issue 110 (June 9, 2015)
Rural Housing Service
Federal Register Volume 80, Issue 110 (June 9, 2015)
| Page Range | 32526-32527 | |
| FR Document | 2015-13996 |
[Federal Register Volume 80, Number 110 (Tuesday, June 9, 2015)] [Notices] [Pages 32526-32527] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-13996] ----------------------------------------------------------------------- DEPARTMENT OF AGRICULTURE Rural Housing Service Notice of Intent to Accept Applications To Be an Intermediary Under the Certified Loan Application Packaging Process Within the Section 502 Direct Single Family Housing Program AGENCY: Rural Housing Service, USDA. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Rural Housing Service (RHS or Agency) published a final rule on April 29, 2015, in the Federal Register that amended its regulations for the section 502 direct single family housing loan program to create a certified loan application packaging process. The section 502 direct single family housing loan program is authorized in Title V of the Housing Act of 1949. Under the certified loan application packaging process, a certified loan application packager and its qualified employer will submit applications to the Agency via an intermediary (unless the applicable Rural Development State Director approves the certified packager to opt not to go through an intermediary). The intermediary will perform quality assurance reviews on the packaged loan applications as well as provide supplemental training, technical assistance, and support to certified packagers and qualified employers to promote quality standards and accountability. Through this notice, the Agency will accept applications to be an intermediary under the certified loan application packaging process outlined in 7 CFR 3550.75 and other applicable regulations. Approval will be subject to fully meeting the conditions outlined within this notice and regulations, a recommendation by a review panel consisting of Agency staff at the state and national levels, and approval by the RHS Administrator. Intermediaries operating under the loan application packaging pilot program, which expires on September 30, 2015, are not guaranteed an intermediary role beyond their participation in the pilot program and must apply under this application process should they wish to serve as an intermediary under the regulation. DATES: Eligible parties interested in serving as an intermediary under the regulatory certified loan application packaging process must submit the requested items to the RHS Single Family Housing Direct Loan Division by July 9, 2015. ADDRESSES: Submissions may be sent electronically to [email protected] or by mail to Brooke Baumann, Branch Chief, Single Family Housing Direct Loan Division, USDA Rural Development, 1400 Independence Avenue SW., Room 2211, Washington, DC 20250-0783. FOR FURTHER INFORMATION CONTACT: Brooke Baumann, Branch Chief, Single Family Housing Direct Loan Division, USDA Rural Development, Stop 0783, 1400 Independence Avenue SW., Washington, DC 20250-0783, Telephone: 202-690-4250. Email: [email protected]. SUPPLEMENTARY INFORMATION: To apply to be an Agency-approved intermediary under the certified loan application packaging process, an interested party must furnish sufficient documentation to demonstrate to the Agency's satisfaction that they meet each of the conditions specified below. (1)(a) Be a Section 501(c)(3) nonprofit organization as evidenced by the organization's Internal Revenue Service (IRS) nonprofit determination letter for 501 (c) (3) status. (1)(b) Be in good standing in the State(s) of its operation as evidenced by a Certificate of Good Standing or equivalent documentation from the applicable Secretary of State(s) or recent State filings. (1)(c) Have the capacity to serve multiple qualified employers and their Agency-certified loan application packagers throughout an entire State or entire States and have the capacity to perform quality assurance reviews on a large volume of packaged loan applications within three to five business days of receipt. (1)(d) Identify what State or States the interested party proposes to serve and provide details on their capacity to serve the identified State(s). Applicants with the capacity to serve multiple States will be given extra scoring points from the review panel. (2) Be engaged in affordable housing in accordance with their regulations, articles of incorporation, or bylaws. (3) Be financially viable and demonstrate positive operating performance as evidenced by an independent audit paid for by the applicant seeking to be an intermediary. (4) Have at least five years of verifiable experience with the Agency's direct single family housing programs (specifically the section 502 direct single family housing loan program, the section 504 single family housing repair programs, and/or the section 523 mutual self-help housing technical assistance program). Verifiable experiences would include, but are not exclusive to, routinely leveraging resources for individual transactions (e.g. providing affordable housing products to Agency borrowers), packaging loan applications, serving as an intermediary under the loan application packaging pilot program, and/or being a self-help grantee or technical and management assistance contractor. To the greatest extent possible, the submission should detail collaborations and dollars leveraged. (5) Demonstrate that its quality assurance staff has experience with packaging, originating, or underwriting affordable housing loans. Provide a resume for each quality assurance staff member. The breadth and depth of their combined skills and qualifications will be considered during the Agency's application review process. (6) Provide a quality control plan that is customized to the applicant's organization. The quality control plan must show there are controls in place to process application packages that will likely result in an eligibility determination by the Agency. At a minimum, but not limited to, the plan should include: procedures for obtaining and evaluating loan application documents (e.g. credit checks and income verification); measures the applicant will take to prevent the submission of incomplete or ineligible application packages to the Agency; the standard operating procedures for employees who will be involved with or affected by the quality control process; and, procedures for ensuring accurate information is submitted to the Agency. (7) Ensure that their quality assurance staff completes an Agency- approved loan application packaging course and successfully pass any corresponding test within a reasonable amount of time if selected. Until other methods can be considered and vetted, the sole delivery method for the loan application packaging course will be the three-day classroom training co-presented by a designated Agency staff member and sponsored by the NeighborWorks [[Page 32527]] Training Institute, the Housing Assistance Council, or the Rural Community Assistance Corporation. Given the limited availability of this classroom training, the quality assurance staff will have no more than one year from the date of the intermediary's selection to complete this requirement. Intermediaries selected in this application process must submit documentation of the successful completion of the Agency- approved loan application packaging course within 30 days of course completion. (8) Provide a letter jointly signed by the organization's Executive Director and Board President affirming the organization will not be the developer, builder, seller of, or have any other such financial interest in the properties for which the application packages are submitted by the organization as an intermediary pursuant to this notice. (9) Provide a training and support plan that focuses on the measures the applicant will take to provide supplemental training, technical assistance, and support to certified loan application packagers and qualified employers to promote quality standards and accountability. (Note that the Agency may require implementation of Agency-developed and/or approved training and support plan once accepted as an intermediary pursuant to this notice.) A State Housing Finance Agency interested in being an Agency- approved intermediary must apply under this notice. A State Housing Finance Agency, however, does not need to demonstrate meeting items 1 through 5 above, given the States' HFAs purpose, vision, and structure. If selected as an intermediary under the certified loan application packaging process, a Memorandum of Understanding (MOU) between the intermediary and the Agency must be signed. The MOU will detail the roles and responsibilities of all parties; will require the intermediary's quality assurance staff to obtain Level 2 eAuthentication identifications and submit loan application packages to the Agency via its eForms Web site (once this process is fully tested); and will require the intermediary to periodically demonstrate that it still meets the requirements under the regulation. This notice should not be construed as containing all those roles and responsibilities. Decisions by the Agency on intermediary applications are not appealable to the National Appeals Division. Non-Discrimination Statement USDA prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, political beliefs, genetic information, reprisal, or because all or part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs. Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, found online at: http://www.ascr.usda.gov/complaint_filing_cust.html or at any USDA Office, or call (866) 632- 9992 to request the form. Send your completed complaint form or letter by mail to: U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue SW., Washington, DC 20250; by fax at (202) 690-7442; or, by email at: [email protected]. Individuals who are deaf, hard of hearing or have speech disabilities and who wish to file a program complaint should please contact USDA through the Federal Relay Service at (800) 877-8339 or (800) 845-6136 (in Spanish). USDA is an equal opportunity provider and employer. The full ``Non-Discrimination Statement'' is found at: http://www.usda.gov.wps/portal/usda/usdahome?navtype=Non_Discrimination. Dated: May 28, 2015. David Lipsetz, Acting Administrator, Rural Housing Service. [FR Doc. 2015-13996 Filed 6-8-15; 8:45 am] BILLING CODE 3410-XV-P
![32526 Federal Register / Vol. 80, No. 110 / Tuesday, June 9, 2015 / Notices
http://www.nrcs.usda.gov/wps/portal/ intermediary role beyond their (3) Be financially viable and
nrcs/site/la/home/. Requests for paper participation in the pilot program and demonstrate positive operating
versions or inquiries may be directed to must apply under this application performance as evidenced by an
the Louisiana State Conservationist at process should they wish to serve as an independent audit paid for by the
the contact point shown above. intermediary under the regulation. applicant seeking to be an intermediary.
Signed this 5th day of May, 2015, in DATES: Eligible parties interested in (4) Have at least five years of
Alexandria, LA. serving as an intermediary under the verifiable experience with the Agency’s
Kevin D. Norton, regulatory certified loan application direct single family housing programs
packaging process must submit the (specifically the section 502 direct
State Conservationist.
requested items to the RHS Single single family housing loan program, the
[FR Doc. 2015–14063 Filed 6–8–15; 8:45 am] section 504 single family housing repair
Family Housing Direct Loan Division by
BILLING CODE 3410–16–P
July 9, 2015. programs, and/or the section 523 mutual
self-help housing technical assistance
ADDRESSES: Submissions may be sent program). Verifiable experiences would
DEPARTMENT OF AGRICULTURE electronically to include, but are not exclusive to,
SFHDIRECTPROGRAM@wdc.usda.gov routinely leveraging resources for
Rural Housing Service or by mail to Brooke Baumann, Branch individual transactions (e.g. providing
Chief, Single Family Housing Direct affordable housing products to Agency
Notice of Intent to Accept Applications
Loan Division, USDA Rural borrowers), packaging loan applications,
To Be an Intermediary Under the
Development, 1400 Independence serving as an intermediary under the
Certified Loan Application Packaging
Avenue SW., Room 2211, Washington, loan application packaging pilot
Process Within the Section 502 Direct
DC 20250–0783. program, and/or being a self-help
Single Family Housing Program
FOR FURTHER INFORMATION CONTACT: grantee or technical and management
AGENCY: Rural Housing Service, USDA. Brooke Baumann, Branch Chief, Single assistance contractor. To the greatest
ACTION: Notice. Family Housing Direct Loan Division, extent possible, the submission should
USDA Rural Development, Stop 0783, detail collaborations and dollars
SUMMARY: The Rural Housing Service 1400 Independence Avenue SW., leveraged.
(RHS or Agency) published a final rule Washington, DC 20250–0783, (5) Demonstrate that its quality
on April 29, 2015, in the Federal Telephone: 202–690–4250. Email: assurance staff has experience with
Register that amended its regulations for brooke.baumann@wdc.usda.gov. packaging, originating, or underwriting
the section 502 direct single family affordable housing loans. Provide a
SUPPLEMENTARY INFORMATION: To apply
housing loan program to create a resume for each quality assurance staff
certified loan application packaging to be an Agency-approved intermediary
member. The breadth and depth of their
process. The section 502 direct single under the certified loan application
combined skills and qualifications will
family housing loan program is packaging process, an interested party
be considered during the Agency’s
authorized in Title V of the Housing Act must furnish sufficient documentation
application review process.
of 1949. to demonstrate to the Agency’s (6) Provide a quality control plan that
Under the certified loan application satisfaction that they meet each of the is customized to the applicant’s
packaging process, a certified loan conditions specified below. organization. The quality control plan
application packager and its qualified (1)(a) Be a Section 501(c)(3) nonprofit must show there are controls in place to
employer will submit applications to organization as evidenced by the process application packages that will
the Agency via an intermediary (unless organization’s Internal Revenue Service likely result in an eligibility
the applicable Rural Development State (IRS) nonprofit determination letter for determination by the Agency. At a
Director approves the certified packager 501 (c) (3) status. minimum, but not limited to, the plan
to opt not to go through an (1)(b) Be in good standing in the should include: procedures for
intermediary). The intermediary will State(s) of its operation as evidenced by obtaining and evaluating loan
perform quality assurance reviews on a Certificate of Good Standing or application documents (e.g. credit
the packaged loan applications as well equivalent documentation from the checks and income verification);
as provide supplemental training, applicable Secretary of State(s) or recent measures the applicant will take to
technical assistance, and support to State filings. prevent the submission of incomplete or
certified packagers and qualified (1)(c) Have the capacity to serve ineligible application packages to the
employers to promote quality standards multiple qualified employers and their Agency; the standard operating
and accountability. Agency-certified loan application procedures for employees who will be
Through this notice, the Agency will packagers throughout an entire State or involved with or affected by the quality
accept applications to be an entire States and have the capacity to control process; and, procedures for
intermediary under the certified loan perform quality assurance reviews on a ensuring accurate information is
application packaging process outlined large volume of packaged loan submitted to the Agency.
in 7 CFR 3550.75 and other applicable applications within three to five (7) Ensure that their quality assurance
regulations. Approval will be subject to business days of receipt. staff completes an Agency-approved
fully meeting the conditions outlined (1)(d) Identify what State or States the loan application packaging course and
within this notice and regulations, a interested party proposes to serve and successfully pass any corresponding test
recommendation by a review panel provide details on their capacity to within a reasonable amount of time if
tkelley on DSK3SPTVN1PROD with NOTICES
consisting of Agency staff at the state serve the identified State(s). Applicants selected. Until other methods can be
and national levels, and approval by the with the capacity to serve multiple considered and vetted, the sole delivery
RHS Administrator. States will be given extra scoring points method for the loan application
Intermediaries operating under the from the review panel. packaging course will be the three-day
loan application packaging pilot (2) Be engaged in affordable housing classroom training co-presented by a
program, which expires on September in accordance with their regulations, designated Agency staff member and
30, 2015, are not guaranteed an articles of incorporation, or bylaws. sponsored by the NeighborWorks
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![Federal Register / Vol. 80, No. 110 / Tuesday, June 9, 2015 / Notices 32527
Training Institute, the Housing Non-Discrimination Statement the antidumping duty order on certain
Assistance Council, or the Rural USDA prohibits discrimination in all steel nails from the United Arab
Community Assistance Corporation. its programs and activities on the basis Emirates (UAE). The period of review
Given the limited availability of this of race, color, national origin, age, (POR) is May 1, 2013, through April 30,
classroom training, the quality disability, and where applicable, sex, 2014. The review covers two producers/
assurance staff will have no more than marital status, familial status, parental exporters of the subject merchandise,
one year from the date of the status, religion, sexual orientation, Dubai Wire FZE (Dubai Wire) and
intermediary’s selection to complete political beliefs, genetic information, Precision Fasteners, L.L.C. (Precision).
this requirement. Intermediaries reprisal, or because all or part of an For these final results, we continue to
selected in this application process individual’s income is derived from any find that subject merchandise has been
must submit documentation of the public assistance program. (Not all sold in the United States at less than
successful completion of the Agency- prohibited bases apply to all programs. normal value.
approved loan application packaging Persons with disabilities who require DATES: Effective Date: June 9, 2015.
course within 30 days of course alternative means for communication of
completion. FOR FURTHER INFORMATION CONTACT:
program information (Braille, large
(8) Provide a letter jointly signed by Dmitry Vladimirov or Michael Romani,
print, audiotape, etc.) should contact
the organization’s Executive Director AD/CVD Operations, Office I,
USDA’s TARGET Center at (202) 720–
and Board President affirming the Enforcement and Compliance,
2600 (voice and TDD).
organization will not be the developer, If you wish to file a Civil Rights International Trade Administration,
builder, seller of, or have any other such program complaint of discrimination, U.S. Department of Commerce, 14th
financial interest in the properties for complete the USDA Program Street and Constitution Avenue NW.,
which the application packages are Discrimination Complaint Form, found Washington, DC 20230; telephone: (202)
submitted by the organization as an online at: http://www.ascr.usda.gov/ 482–0665 or (202) 482–0198,
intermediary pursuant to this notice. complaint_filing_cust.html or at any respectively.
(9) Provide a training and support USDA Office, or call (866) 632–9992 to SUPPLEMENTARY INFORMATION:
plan that focuses on the measures the request the form. Send your completed
applicant will take to provide complaint form or letter by mail to: U.S. Background
supplemental training, technical Department of Agriculture, Director, On February 6, 2015, the Department
assistance, and support to certified loan Office of Adjudication, 1400 published the preliminary results of the
application packagers and qualified Independence Avenue SW., administrative review of the
employers to promote quality standards Washington, DC 20250; by fax at (202) antidumping duty order on certain steel
and accountability. (Note that the 690–7442; or, by email at: nails from the UAE.1 We invited
Agency may require implementation of program.intake@usda.gov. Individuals interested parties to comment on the
Agency-developed and/or approved who are deaf, hard of hearing or have Preliminary Results. We received a case
training and support plan once accepted speech disabilities and who wish to file brief from Mid Continent Steel & Wire,
as an intermediary pursuant to this a program complaint should please Inc. (the petitioner) on March 9, 2015,
notice.) contact USDA through the Federal Relay and a rebuttal brief from Dubai Wire’s
A State Housing Finance Agency Service at (800) 877–8339 or (800) 845– affiliated importer, Itochu Building
interested in being an Agency-approved 6136 (in Spanish). USDA is an equal Products Inc., and affiliated distributor,
intermediary must apply under this opportunity provider and employer. The PrimeSource Building Products Inc.,
notice. A State Housing Finance full ‘‘Non-Discrimination Statement’’ is (together, IBP) on March 16, 2015, both
Agency, however, does not need to found at: http://www.usda.gov.wps/ concerning Dubai Wire. We received no
demonstrate meeting items 1 through 5 portal/usda/usdahome?navtype=Non_ case or rebuttal briefs concerning
above, given the States’ HFAs purpose, Discrimination. Precision.
vision, and structure. Dated: May 28, 2015. The Department conducted this
If selected as an intermediary under David Lipsetz, administrative review in accordance
the certified loan application packaging Acting Administrator, Rural Housing Service. with section 751 of the Tariff Act of
process, a Memorandum of 1930, as amended (the Act) and 19 CFR
[FR Doc. 2015–13996 Filed 6–8–15; 8:45 am]
Understanding (MOU) between the 351.213.
BILLING CODE 3410–XV–P
intermediary and the Agency must be
signed. The MOU will detail the roles Scope of the Order
and responsibilities of all parties; will The merchandise subject to the
require the intermediary’s quality DEPARTMENT OF COMMERCE
Order 2 is certain steel nails from the
assurance staff to obtain Level 2 International Trade Administration UAE. The products are currently
eAuthentication identifications and classifiable under the Harmonized Tariff
submit loan application packages to the [A–520–804]
Schedule of the United States (HTSUS)
Agency via its eForms Web site (once subheadings 7317.00.55, 7317.00.65,
this process is fully tested); and will Certain Steel Nails From the United
Arab Emirates: Final Results of and 7317.00.75. The HTSUS numbers
require the intermediary to periodically are provided for convenience and
demonstrate that it still meets the Antidumping Duty Administrative
Review; 2013–2014 customs purposes. The written
requirements under the regulation. This
tkelley on DSK3SPTVN1PROD with NOTICES
notice should not be construed as AGENCY: Enforcement and Compliance, 1 See Certain Steel Nails From the United Arab
containing all those roles and International Trade Administration, Emirates: Preliminary Results of Antidumping Duty
responsibilities. Department of Commerce Administrative Review; 2013–2014, 80 FR 6693
Decisions by the Agency on SUMMARY: On February 6, 2015, the (February 6, 2015) (Preliminary Results).
2 See Certain Steel Nails from the United Arab
intermediary applications are not Department of Commerce (the Emirates: Amended Final Determination of Sales at
appealable to the National Appeals Department) published the preliminary Less Than Fair Value and Antidumping Duty Order,
Division. results of the administrative review of 77 FR 27421 (May 10, 2012) (Order).
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Document Created: 2015-12-15 15:25:47
Document Modified: 2015-12-15 15:25:47
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | Eligible parties interested in serving as an intermediary under the regulatory certified loan application packaging process must submit the requested items to the RHS Single Family Housing Direct Loan Division by July 9, 2015. | |
| Contact | Brooke Baumann, Branch Chief, Single Family Housing Direct Loan Division, USDA Rural Development, Stop 0783, 1400 Independence Avenue SW., Washington, DC 20250-0783, Telephone: 202-690-4250. Email: [email protected] | |
| FR Citation | 80 FR 32526 |
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