80_FR_46081 80 FR 45933 - Notice of Solicitation of Applications (NOSA) for the Multifamily Preservation and Revitalization (MPR) Demonstration Program Under Section 514, Section 515, and Section 516 for Fiscal Year 2015

80 FR 45933 - Notice of Solicitation of Applications (NOSA) for the Multifamily Preservation and Revitalization (MPR) Demonstration Program Under Section 514, Section 515, and Section 516 for Fiscal Year 2015

DEPARTMENT OF AGRICULTURE
Rural Housing Service

Federal Register Volume 80, Issue 148 (August 3, 2015)

Page Range45933-45942
FR Document2015-18990

The Rural Housing Service (Agency) announces the timeframe to submit applications to participate in a demonstration program to preserve and revitalize existing Rural Rental Housing (RRH) projects under Section 514, Section 515, and Section 516 of the Housing Act of 1949, as amended. Under this demonstration program, existing Section 515 Multi-Family Housing (MFH) loans and Sections 514/516 Off-Farm Labor Housing (FLH) loans will be restructured to ensure sufficient resources are available to preserve the ability of rental projects to provide safe and affordable housing for very low-, low-, or moderate- income residents. Projects participating in this program will be expected to be revitalized to extend their affordable use without displacing tenants because of increased rents. No additional Agency Rental Assistance (RA) will be made available under this program.

Federal Register, Volume 80 Issue 148 (Monday, August 3, 2015)
[Federal Register Volume 80, Number 148 (Monday, August 3, 2015)]
[Notices]
[Pages 45933-45942]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-18990]


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DEPARTMENT OF AGRICULTURE

Rural Housing Service


Notice of Solicitation of Applications (NOSA) for the Multifamily 
Preservation and Revitalization (MPR) Demonstration Program Under 
Section 514, Section 515, and Section 516 for Fiscal Year 2015

AGENCY: Rural Housing Service, USDA.

ACTION: Notice.

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SUMMARY: The Rural Housing Service (Agency) announces the timeframe to 
submit applications to participate in a demonstration program to 
preserve and revitalize existing Rural Rental Housing (RRH) projects 
under Section 514, Section 515, and Section 516 of the Housing Act of 
1949, as amended. Under this demonstration program, existing Section 
515 Multi-Family Housing (MFH) loans and Sections 514/516 Off-Farm 
Labor Housing (FLH) loans will be restructured to ensure sufficient 
resources are available to preserve the ability of rental projects to 
provide safe and affordable housing for very low-, low-, or moderate-
income residents. Projects participating in this program will be 
expected to be revitalized to extend their affordable use without 
displacing tenants because of increased rents. No additional Agency 
Rental Assistance (RA) will be made available under this program.

DATES: For Fiscal Year 2015, the Agency will facilitate use of the 
Fiscal Year 2015 Multifamily Preservation and Revitalization (MPR) 
funding tools by holding a competitive application round for MPR 
applications requesting other MPR funding tools, in addition to the 
available MPR deferral assistance, and by adding a continuous open 
application process for any transfer applications that request only the 
MPR loan deferral assistance. Application deadlines for these 
opportunities are:
    (1) For MPR applications requesting debt deferral of eligible 
Section 514 or Section 515 loans, plus other MPR funding tools, 
complete applications must be received no later than 5:00 p.m. Eastern 
Time,120 calendar days after August 3, 2015, and
    (2) For any MPR applications requesting debt deferral only for 
eligible Section 514 or Section 515 loans, complete applications may be 
submitted on an ongoing basis through COB 5:00 p.m. Eastern Time, 
December 31, 2015.
    The pre-application closing deadline is firm as to date and hour. 
The Agency will not consider any pre-application that is received after 
the closing deadline. Applicant's intending to mail

[[Page 45934]]

pre-applications must allow sufficient time to permit delivery on or 
before the closing deadline. Acceptance by a post office or private 
mailer does not constitute delivery. Facsimile (FAX) and postage-due 
pre-applications will not be accepted.

FOR FURTHER INFORMATION CONTACT: Dean Greenwalt, 
dean.greenwalt@wdc.usda.gov, (314) 457-5933, and/or Abby Boggs 
abby.boggs@wdc.usda.gov, (615) 783 1382, Finance and Loan Analyst, 
Multi-Family Housing Preservation and Direct Loan Division, STOP 0782, 
(Room 1263-S) U.S. Department of Agriculture, Rural Development, 1400 
Independence Avenue SW., Washington, DC 20250-0782. All hard copy pre-
applications and required documents (attachments) must be submitted to 
this address. (Please note these telephone numbers are not a toll-free 
numbers.)

SUPPLEMENTARY INFORMATION: This Fiscal Year (FY) 2015 funding for the 
MPR demonstration program will be posted on the Rural Development Web 
site, www.rd.usda.gov/newsroom/notices-solicitation-applications-nosas. 
The commitment of program dollars will be made to applicants of 
selected applications that have fulfilled the necessary requirements 
for obligation, to the extent an appropriation act provides funding for 
the MPR demonstration program.
    Expenses incurred in applying for this Notice will be borne by and 
be at the applicant's risk.
    Of particular note this year, the Rural Housing Service (the 
Agency) will assign additional points to pre-applications for projects 
based in or serving census tracts with poverty rates greater than or 
equal to 20 percent. This emphasis will support Rural Development's 
(RD) mission of improving the quality of life for Rural Americans and 
commitment to directing resources to those most in need.
    A synopsis of this program and the pre-application's universal 
resource locator will be listed by Catalog of Federal Domestic 
Assistance Number or at Federal Grants Wire at http://www.federalgrantswire.com.

Paperwork Reduction Act

    The information collection requirements contained in this Notice 
have received approval from the Office of Management and Budget (OMB) 
under Control Number 0570-0190.

Overview

    Federal Agency Name: Rural Housing Service, USDA.
    Funding Opportunity Title: Multifamily Preservation and 
Revitalization Demonstration Program--Section 514, Section 515, and 
Section 516 for Fiscal Year 2015.
    Announcement Type: Inviting responses in the form of pre-
applications from interested applicants.
    Catalog of Federal Domestic Assistance Number (CFDA): 10.447.

I. Funding Opportunity Description

    The Consolidated and Further Continuing Appropriations Act, 2015, 
Public Law 113-235, signed December 16, 2014, authorized the Agency to 
conduct a demonstration program for the preservation and revitalization 
of the Section 515 MFH portfolio and Sections 514/516 Off-FLH 
portfolio. Section 514, Section 515 and Section 516 MFH programs are 
authorized by the Housing Act of 1949, as amended (42 U.S.C. 1484, 1485 
and 1486) and provide Rural Development with the authority to provide 
financial assistance for low- income MFH and FLH and related 
facilities, as described in 7 CFR part 3560.
    This Notice solicits pre-applications from interested borrowers/
applicants to restructure existing MFH projects already participating 
in the Agency's Section 515 MFH portfolio and Sections 514/516 FLH 
portfolio for the purpose of revitalization and preservation. Eligible 
borrowers are sometimes referred to in this Notice as ``applicants,'' 
``borrowers,'' ``applicant/borrowers,'' or ``owners'' as seems most 
appropriate for the context of the relevant Notice provision. The MPR 
demonstration program shall be referred to in this Notice as the 
Multifamily Preservation and Revitalization demonstration program. 
Agency regulations for the Section 515 MFH program and the Sections 
514/516 FLH program are published at 7 CFR part 3560.
    The intent of the MPR demonstration program is to ensure that 
existing rental projects will continue to deliver decent, safe and 
sanitary affordable rental housing for 20 years, the remaining term of 
any Agency loan, or the remaining term of any existing Restrictive-Use 
Provisions (RUP) or prohibition, whichever ends later.

    Note: All pre-applications will be selected by the Agency using 
the process described in this Notice, and the selected applicants 
will be invited to participate in the MPR demonstration program. 
Upon written notification to the Agency from the selected applicant 
of their acceptance to participate, an independent third-party 
Capital Needs Assessment (CNA) will be conducted to provide a fair 
and objective review of projected capital needs. The Agency shall 
implement any restructuring proposal that may be offered under this 
Notice through an MPR Conditional Commitment (MPRCC) with the 
eligible borrower/applicant, which will include all the terms and 
conditions offered by the Agency.

    One of the MPR tools to be used in this program is debt deferral 
for up to 20 years of the existing Section 514 or Section 515 loans 
obligated prior to October 1, 1991. The cash flow from the deferred 
payment will be deposited, as directed by the Agency, to the reserve 
account to help meet the future physical needs of the project, support 
new debt or to reduce rents, as determined by the Agency.
    A. Debt deferral is described as follows:
    1. MPR Debt Deferral. A deferral of the existing Section 514 or 
Section 515 Agency loan(s), obligated prior to October 1, 1991, for 20 
years. If the term of any existing Section 514 or Section 515 loans is 
less than 20 years, the Agency will offer a re-amortization of the 
existing loans extending the term to a minimum of 20 years. Section 514 
or Section 515 loans obligated prior to October 1, 1991, and 
subsequently transferred on new rates and terms may not be eligible for 
deferral. Any questions on whether or not a loan is eligible for 
deferral should be directed to the local RD State Office at: http://teamrd.usda.gov/rd/emp_services/directory/states/Combined.doc. All 
terms and conditions of the deferral will be described in the MPR Debt 
Deferral Agreement. A balloon payment of principal and accrued interest 
will be due at the end of the deferral period. Interest will accrue at 
the promissory note rate and, if applicable, the subsidy will be 
applied as set out in the Agency's ``Multiple Family Housing Interest 
Credit Agreement'' Form RD 3560-9, which is available at http://forms.sc.egov.usda.gov/efcommon/eFileServices/eForms/RD3560-9.PDF.
    B. Other Agency MPR funding tools are as follows:
    1. MPR Grant. A grant limited to non-profit applicants/borrowers 
only. The grant will be limited to the cost of correcting health and 
safety violations of a project identified by a CNA accepted by the 
Agency. The grant administration will be in accordance with applicable 
provisions of 2 CFR parts 200 and 400.
    2. MPR Zero Percent Loan. A loan at zero percent interest. The 
loan's maximum term and amortization will be as authorized by the 
respective program authority.
    (a) For Section 515 RRH projects, the maximum loan term is 30 years 
amortized over a maximum term of 50 years.

[[Page 45935]]

    (b) For Sections 514/516 projects, the loan will be amortized over 
a maximum term of 33 years.
    3. MPR Soft-Second Loan. A loan with a one percent interest rate 
that will have its accrued interest and principal deferred to a balloon 
payment. The balloon payment will be due at the same time the latest 
maturing Section 514 or Section 515 loan already in place at the time 
of closing, or the maturity date of any current loan being re-amortized 
as part of the restructuring, is due.
    MPR funds cannot be used to build community rooms, add additional 
parking areas, playgrounds, laundry rooms or additional new units, 
unless the additional unit(s) are needed for the project to meet the 5 
percent fully accessible requirement as defined by Uniform Federal 
Accessibility Standards (UFAS), and the Agency concurs. However, other 
funding sources as outlined below in (a) through (f) can be used either 
for such revitalization and/or improvements:

4. Other Sources of Funds

    (a) Rural Development Section 515 Rehabilitation loan funds;
    (b) Rural Development Sections 514/516 Off-Farm rehabilitation 
loan/grant funds;
    (c) Rural Development Section 538 Guaranteed Rural Rental Housing 
(GRRH) program financing;
    (d) Rural Development Multi-Family Housing Preservation Revolving 
Loan Funds program;
    (e) Third-party loans, grants, tax credits and tax-exempt 
financing; and
    (f) Owner-provided capital contributions in the form of a cash 
infusion. A cash infusion cannot be a loan.
    Transfers, subordinations, and consolidations may be approved as 
part of an MPR transaction in accordance with 7 CFR part 3560. If a 
transfer is part of the MPR transaction, and the transfer includes a 
seller payment and/or increase in the allowable Return to Owner (RTO), 
the transfer must first be underwritten to meet the requirements of 7 
CFR 3560.406. The transfer underwriting may assume the deferral of all 
eligible Sections 514/516 or Section 515 loans. After the transfer has 
been underwritten and concurred with by the Agency's Multifamily 
Housing Preservation and Direct Loan Division, the MPR transaction may 
be underwritten.
    For the purposes of the MPR demonstration program, the 
restructuring transactions will be identified by the Agency in three 
categories:
     Simple Transactions: These involve no change in ownership.
     Complex Transactions: These may consist of a project 
transfer to a new ownership, processed in accordance with 7 CFR 
3560.406, with or without a consolidation, or transactions requiring a 
subordination agreement as a result of third-party funds. The applicant 
will submit one pre-application. If a consolidation is proposed, all 
projects to be consolidated must be submitted on one pre-application 
and be located in the same market area.
    To be considered in the same market area, projects must be in a 
neighborhood or similar area where the property competes for tenants; 
managed under one management plan and one management agreement; and, in 
sufficiently close proximity to permit convenient and efficient 
management of the property.
    Applicants should discuss proposed consolidations with the Rural 
Development State Office in the State(s) where the projects are located 
prior to filing their MPR pre-application to ensure Rural Development 
concurs with the applicant's market area estimation.
    If either the Agency or the owner chooses to remove one or more 
projects from the proposal, this may be done without affecting the 
eligibility of the complex transaction. To be a complex transaction, 
the Agency assumes only one project remains at the MPR closing.
     Portfolio transactions: These include two or more projects 
with one stay-in owner, or two or more projects with multiple project 
sale transactions to a common purchaser all located in one State. A 
stay-in-owner is defined as an existing Section 515 or Sections 514/516 
borrower who owns two or more properties either as a single ownership 
entity or as separate legal entities with at least one common general 
partner/managing member. Each project included in the portfolio will be 
submitted on a separate pre-application form unless some projects are 
located in the same market area, as defined above, and are being 
consolidated. Any projects in the portfolio proposed to be consolidated 
should be listed on the same pre-application form. Each pre-application 
must have the same portfolio name. If the owner chooses to remove one 
or more projects from the proposal, at least two projects must remain 
in order to be classified as a portfolio transaction. At the end of the 
transaction, the Agency assumes there will be two or more projects. The 
projects of the stay-in owner or common purchaser must have at least 
one general partner/managing member in common.
    Transactions within each category may utilize any or all MPR 
funding tools described above in paragraph I, ``Funding Opportunity 
Description.'' MPR tools available through the MPR demonstration 
program will be used to address preservation and rehabilitation needs 
identified in the Agency accepted CNA.
    Liens against the project, with the exception of Agency deferred 
debt, cannot exceed the Agency-approved security value of the project. 
All Agency debt, either in first lien position or a subordinated lien 
position, must be secured by the project, except deferred debt, which 
is not included in the Agency's total lien position for computation of 
the Agency's security value. Payment of any deferred debt will not be 
required from normal project operations income. Payment of any deferred 
debt will be required from excess cash generated from project 
operations after all other secured debts are satisfied or as directed 
by the Agency.
Maturing Mortgage Applications
    The Agency recognizes that a number of Section 515 and Sections 
514/516 properties are financed through mortgages scheduled to mature 
through calendar year 2018. The Agency will make an MPR debt deferral 
available to properties with all Agency mortgages maturing on or before 
December 31, 2018, in order to extend the affordable use of the housing 
and continue its eligibility for Section 521 Rental Assistance. 
Notwithstanding any other provisions of this Notice, applicants 
applying for a deferral of their eligible mortgage debt will be 
required to meet the eligibility requirements in either 7 CFR 3560.55 
or 3560.555, as determined applicable by the Agency. Applicants 
applying solely for deferral of eligible maturing mortgages will only 
be required to submit the MPR pre-application within the established 
deadlines set out in the DATES section of this Notice; no additional 
supporting documentation is required.
    The applicant will complete the MPR pre-application documenting the 
date the Agency loans will mature. The Agency reserves the right to 
approve an MPR debt deferral under this paragraph in its sole 
discretion, based on factors including but not limited to: The 
preceding 12-month average physical vacancy; analysis of current 
ownership; evidence the property is financially solvent; the current 
physical condition of the property; amount of assistance needed to meet 
immediate and long term physical needs of the property; and

[[Page 45936]]

the availability of other subsidized housing within the community.
    If other MPR tools are needed, in addition to debt deferral, the 
Agency will require selected applicants to submit an approved Capital 
Needs Assessment to provide a fair and objective review of the 
property's projected physical needs.

II. Award Information

    All Agency funding of pre-applications selected under this Notice 
will carry over to the next fiscal year and be considered for funding. 
However, pre-applications selected under this Notice must be approved 
by the Agency no later than December 31, 2017. Any pre-applications 
selected under this Notice, not approved by the Agency prior to 
December 31, 2017, will be considered automatically withdrawn. 
Applicants may reapply for funding under future Notices.
    Applicants are alerted the Agency has unfunded applications carried 
over from prior Notices that will receive priority consideration for 
funding approval in FY 2015 based on the terms of those Notices. If 
fiscal year funds available for the MPR demonstration program are fully 
committed before all eligible pre-applications selected for further 
processing under this Notice are funded, the Agency may suspend further 
processing of the pre-applications at that time.
    MPR funding tools will be used in accordance with 7 CFR part 3560. 
The program will be administered within the resources available to the 
Agency through Public Law 113-235 and any future appropriations for the 
preservation and revitalization of Sections 514/516 and Section 515-
financed projects. In the event that any provisions of 7 CFR part 3560 
conflict with this Notice, the provisions of this Notice will take 
precedence.

III. Eligibility Information

    A. Applicants (and the principals associated with each applicant) 
must meet the following requirements:
    1. All applicants must meet the eligibility requirements included 
in 7 CFR 3560.55 or 3560.555, as determined appropriate by the Agency. 
This Notice requires selected applicants to make the required equity 
contribution as outlined in 3560.63(c) for any new Section 515 loan 
offered as part of the MPR. Funds committed under Section I may be used 
to fund all or a portion of the required equity contribution. Loan 
applicants will not be given consideration for any increased equity 
value the property may have since the initial loan was made. 
Eligibility also includes the continued ability of the borrower/
applicant to provide acceptable management and will include an 
evaluation of any current outstanding deficiencies. Any outstanding 
violations or extended open findings as defined in Section V, and 
recorded in the Agency's automated Multi-Family Information System 
(MFIS), will preclude further processing of any MPR applications 
associated with the applicant/borrower as well as any affiliated entity 
having a 10 percent or more ownership interest unless there is a 
current, approved workout plan in place and the plan has been 
satisfactorily followed for a minimum of 6 consecutive months, as 
determined by the Agency.
    2. For Section 515 RRH projects, the average physical vacancy rate 
for the 12 months preceding this Notice's publication date can be no 
more than 10 percent for projects consisting of 16 or more revenue 
units and no more than 15 percent for projects less than 16 revenue 
units unless an exception applies under section VI paragraph (1) of 
this Notice. If a project consolidation is involved, the consolidation 
will remain eligible so long as the average vacancy rate for each 
individual project meets the occupancy standard noted in this 
paragraph. Projects that do not meet the occupancy threshold at the 
time of filing the application, regardless of reason, may be withdrawn 
by the owner or the Agency without jeopardizing the application.
    3. For Sections 514/516 FLH projects, rather than an average 
physical vacancy rate as noted in section (ii) above, a positive cash 
flow for the previous full 3 years of operation is required unless an 
exception applies as described section III(A)(2), above.
    4. Ownership of and ability to operate the project after the 
transaction is completed. In the event of a transfer, the proposed 
transferee must submit evidence of site control. Evidence may include a 
Purchase Agreement, Letter of Intent, or other documentation acceptable 
to the Agency.
    5. An Agency approved CNA (for guidance refer to http://www.rd.usda.gov/programs-services/housing-preservation-revitalization-demonstration-loans-grants) and an Agency financial evaluation must be 
conducted to ensure that utilization of the restructuring tools of the 
MPR demonstration program is financially feasible and necessary for the 
revitalization and preservation of the project for affordable housing. 
Initial eligibility for processing will be determined as of the date of 
the pre-application filing deadline. The Agency reserves the right to 
discontinue processing any application due to material changes in the 
applicant's status occurring at any time after the initial eligibility 
determination.
    6. All grant-eligible applicants must obtain a Dun and Bradstreet 
Data Universal Numbering System (DUNS) number and register in the 
Central Contractor Registration (CCR) prior to submitting a pre-
application pursuant to 2 CFR 25.200. In addition, an entity applicant 
must maintain registration in the CCR database at all times during 
which it has an active Federal award or an application or plan under 
consideration by the Agency. Similarly, all recipients of Federal 
Financial Assistance are required to report information about first-
tier, sub-awards and executive compensation, in accordance with 2 CFR 
part 170. So long as an entity applicant does not have an exception 
under 2 CFR 170.110(b), the applicant must have the necessary processes 
and systems in place to comply with the reporting requirements should 
the applicant receive funding. See 2 CFR 170.200(b).

IV. Application and Submission Information

    A. The general steps of the MPR application process are as follows:
    1. Pre-application: Applicants submit a pre-application described 
in Section IV below along with any supporting documentation as outlined 
in the Notice. Failure to timely submit all required documentation will 
result in an incomplete pre-application. This pre-application process 
is designed to lessen the cost burden on all applicants, including 
those who may not be eligible or whose proposals may not be feasible.

    Note: If you receive a loan or grant award under this Notice, 
USDA reserves the right to post all information submitted as part of 
the pre-application/application package, which is not protected 
under the Privacy Act, on a public Web site with free and open 
access to any member of the public.

    2. Eligible Projects: Using criteria described below in Section 
III, the Agency will conduct an initial screening for eligibility. As 
described in Section VI, the Agency will conduct an additional 
eligibility screening later in the application process.
    3. Scoring and Ranking: All complete, eligible and timely-filed 
pre-applications will be scored, ranked and put in potential funding 
categories as discussed in Sections VI and VII below.
    4. Formal Applications: Top ranked pre-applicants will receive a 
letter from the Agency inviting them to submit a formal application. As 
discussed in Section III of this Notice, the Agency will require the 
owner to provide a CNA, completed in accordance with the

[[Page 45937]]

Agency's published guidance (available at http://www.rd.usda.gov/programs-services/housing-preservation-revitalization-demonstration-loans-grants) to underwrite the proposal to determine financial 
feasibility. Applicants will be informed of any proposals that are 
determined to be incomplete, ineligible or financially infeasible. Any 
proposal denied by the Agency will be returned to the applicant, and 
the applicant will be given appeal rights pursuant to 7 CFR part 11.
    5. Financial Feasibility: The Agency will use the results of the 
CNA to help identify the need for resources and applicant provided 
information regarding anticipated or available third-party financing, 
in order to determine the financial feasibility of each potential 
transaction, using restructuring tools available either through 
existing regulatory authorities or specifically authorized through the 
MPR demonstration program. A project is financially feasible when it 
can provide affordable, decent, safe, and sanitary housing for 20 years 
or the remaining term of any Agency loan, whichever ends later, by 
using the authorities of this program while minimizing the cost to the 
Agency, and without increasing rents for eligible tenants or farm 
laborers, except when necessary to meet normal and necessary operating 
expenses, as determined by the Agency. If the transaction is determined 
financially feasible by the Agency, the borrower will be offered a 
restructuring proposal, subject to available funding. This will include 
a requirement that the borrower execute, for recordation, an Agency-
approved Restrictive-Use Covenant (RUC) for a period of 20 years, the 
remaining term of any loans, or the remaining term of any existing 
RUPs, whichever ends later. The restructuring proposal will be 
established in the MPRCC.
    6. MPR Agreements: If the offer is accepted by the applicant, the 
applicant must sign and return the MPRCC. By signing the offer, the 
applicant agrees to the terms of the MPRCC. Any third-party lender will 
be required to subordinate to the Agency's RUC unless the Agency 
determines, on a case-by-case basis, that the lender's refusal to 
subordinate will not compromise the purpose of the MPR demonstration 
program.
    7. General Requirements: The MPR transactions may be conducted with 
a stay-in owner (simple) or may involve a change in ownership (complex 
or portfolio). Any housing or related facilities that are constructed 
or repaired must meet the Agency design and construction standards and 
the development standards contained in 7 CFR part 1924, subparts A and 
C, respectively. Once constructed or rehabbed, Section 515 MFH and 
Sections 514/516 FLH projects must be managed in accordance with 7 CFR 
part 3560. Tenant eligibility will be limited to persons who qualify as 
an eligible household under Agency regulations. Tenant eligibility 
requirements are contained in 7 CFR 3560.152.
    B. The application submission and scoring process will be completed 
in two phases in order to avoid unnecessary effort and expense on the 
part of applicants, are as follows:
    1. Phase I--The first phase is the pre-application process. 
Applicants must submit a complete pre-application by the deadline 
listed under the DATES section of this Notice. The applicant's 
submission will be classified as ``complete'' when the MPR pre-
application is received in the correct format and place as described in 
this Notice for each existing property the applicant wishes to be 
considered in the demonstration program. In the event the MPR proposal 
involves a project consolidation, it will be completed in accordance 
with 7 CFR 3560.410. One pre-application for the proposed consolidated 
project is required and must identify each project included in the 
consolidation. If the MPR proposal involves a portfolio transaction 
(sale or stay-in owner), one pre-application for each project in the 
portfolio is required and each pre-application must identify each 
project included in the portfolio transaction. In order for the pre-
application to be considered complete, all applicable information 
requested on the MPR pre-application form must be provided. Additional 
information that must be provided with the pre-application to be 
considered complete, when applicable, includes:
    (a) For all transfers of ownership, evidence of site control must 
be provided.
    (b) Current market data (defined as no more than 6 months old at 
time of filing) for any project not meeting the occupancy standards 
cited in sections III(2) and III(3) above. The market data must 
demonstrate there is need for the project evidenced by waiting lists 
and a housing shortage confirmed by local housing agencies and realtors 
and accepted by the Agency. The market data must show a clear need and 
demand for the project once a restructuring transaction is completed. 
The results of the survey of existing or proposed rental or labor 
housing, including complex name, location, number of units, bedroom 
mix, family or elderly type, year built, and rent charges must be 
provided, as well as the existing vacancy rate of all available rental 
units in the community, their waiting lists and amenities, and the 
availability of RA or other subsidies. The Agency will determine 
whether or not the proposal has market feasibility based on the data 
provided by the applicant. Any costs associated with the completion of 
the market data is not an eligible program project expense.
    (c) For a property that has been sold to a non-profit entity under 
the Sale to Non-Profit process defined in 3560, Subpart N, a copy of 
the recorded Deed.
    Unless an exception under this section applies, the requirements 
stated in Section III, paragraphs (2) and (3) of this Notice must be 
met.

    Note: All documents must be received on or before the pre-
application closing deadline to be considered complete and timely 
filed. Pre-applications that do not include evidence of site control 
for transfer proposals or current market data for projects that do 
not meet the occupancy standards of Section III paragraphs (2) and 
(3) of this Notice, will be considered incomplete and will be 
returned to the applicant.

    2. Phase II--The second phase of the application process will be 
completed by the Agency based on Agency records and the pre-application 
information submitted. All complete, eligible, and timely-filed pre-
applications will be scored and ranked based on points received during 
this two-phase application process. Further, the Agency will categorize 
each MPR proposal as being a Simple, Complex, or Portfolio transaction 
based on the information submitted on the pre-application, in 
accordance with the category descriptions provided in Section I of this 
Notice.
    Pre-applications can be submitted either electronically or in hard 
copy. The Agency will record pre-applications received electronically 
by the actual date and time received in the MPR Web site mail box. This 
date may impact ranking of the pre-application as discussed under 
section VI. For all hard copy pre-applications received, the recorded 
receipt time will be the close of business time for the day received, 
for the location to which the pre-applications are sent. Assistance for 
filing electronic and hard copy pre-applications can be obtained from 
any Rural Development State Office. USDA Rural Development MFH State 
Office contacts can be found at http://teamrd.usda.gov/rd/emp_services/directory/states/Combined.doc
    (Note: Telephone numbers listed in the Web site are not toll-free.)

[[Page 45938]]

    The pre-application is in Adobe Acrobat format and may be completed 
as a fillable form. The form contains a button labeled ``Submit by 
Email.'' Clicking on the button will result in an email containing a 
completed pre-application being sent to the MPR Web site mail box for 
consideration. If a purchase agreement or market data is required, 
these additional documents are to be attached to the resulting email 
prior to submission.
    Pre-applications may be downloaded from the Agency's Web site at 
http://www.rd.usda.gov/programs-services/housing-preservation-revitalization-demonstration-loans-grants or obtained by contacting the 
State Office in the State the project is located. Hard copy pre-
applications and additional materials can be mailed to the attention of 
Dean Greenwalt or Abby Boggs, Finance and Loan Analyst, Multi-Family 
Housing Preservation and Direct Loan Division, STOP 0782, (Room 1263-
S), U.S. Department of Agriculture, Rural Development, 1400 
Independence Avenue SW., Washington, DC 20250-0782.

V. Application Review Information

    A. Pre-application ranking points will be based on information 
provided during the submission process, and in Agency records. Only 
timely, complete pre-applications requesting debt deferral of eligible 
Section 514 or Section 515 loans plus other MPR funding tools will be 
ranked. Points will be awarded as follows:
    1. Contribution of other sources of funds. Other funds are those 
discussed in Section I.B, ``Other Sources of Funds'' paragraph, items 
(a) through (f), above. Points will be awarded based on documented 
written evidence that the funds are committed, as determined by the 
Agency. ``Commitment'' means an actual award of funds, or another 
contractual agreement between a third-party funder and the borrower/
applicant entity to provide funds.] Commitments that include the terms 
such as `may' or `intend' will not be acceptable for scoring purposes. 
The maximum points awarded for this criterion is 25 points. These 
points will be awarded in the following manner:
    (a) Evidence of a commitment of at least $3,000 to $5,000 per unit 
per project from other sources--15 points, or
    (b) Evidence of a commitment greater than $5,000 per unit per 
project from other sources--25 points.
    2. Owner contribution. Points will be awarded if the owner agrees 
to make a contribution of at least $10,000 per project to pay 
transaction costs. (These funds cannot be from the project's reserve, 
operating funds, tax credit equity or be in the form of donated 
services provided by the applicant.) Transaction costs are defined as 
those Agency-approved costs required to complete the transaction under 
this Notice and include, but are not limited to the CNA, legal and 
closing costs, appraisal costs and filing/recording fees. This 
contribution must be deposited into the respective project reserve 
account prior to closing the MPR transaction from the owner's non-
project resources. 20 points
    3. Owner contribution for the hard costs of construction. (These 
funds cannot be from the project's reserve account or project's general 
operating account or in the form of a loan.) Hard costs of construction 
are defined as those costs for materials equipment, property or 
machinery required to complete the proposal under this Notice. Hard 
costs must be itemized on Form RD 1924-13, ``Estimate and Certificate 
of Actual Cost''. Form RD 1924-13 can be found at: http://forms.sc.egov.usda.gov/efcommon/eFileServices/eForms/RD1924-13.PDF.
    The minimum contribution required to receive these points is $1,000 
per unit per project, which will be required to be deposited in the 
project reserve account or supervised/construction account, as directed 
by Rural Development, prior to closing. An increased RTO may be allowed 
for funds committed in accordance with 7 CFR 3560.406(d)(14)(ii). 10 
points
    4. Maturing Mortgages. Points will be awarded to properties where 
all existing RD loans will mature (make their final loan payment) on or 
before December 31, 2018. 10 Points.
    5. Persistent poverty counties. Points will be awarded to projects 
located in persistent poverty counties. A persistent poverty county is 
a classification for counties in the United States that have had a 
relatively high rate of poverty over a long period. The USDA's Economic 
Research Service (ERS) (http://ers.usda.gov/) is the main source of 
economic information and research for USDA and a principal agency of 
the U.S. Federal Statistical System located in Washington, DC. ERS has 
defined counties as being persistently poor if 20 percent or more of 
their populations were living in poverty over the last 30 years 
(measured by the 1980, 1990, and 2000 decennial censuses and 2006-2010 
American Community Survey 5-year estimates). 10 points
    6. Points may be awarded to projects that have been adversely 
impacted by an event that, as determined by the Agency, directly and 
exclusively results from the occurrence of natural causes that could 
not have been prevented by the exercise of foresight or caution over 
the previous 24 months, or other unavoidable accident causing physical 
property damage or failure that is not reimbursable by property, 
casualty or liability insurance any other form of third-party 
compensation, such as disaster loans and grants from other agencies. 25 
points
    7. Age of project. For a project consolidation (including portfolio 
transactions) proposal, the project with the earliest operational date 
(operational date is the date the project initially placed in service 
and documented in MFIS) will be used in determining the age of the 
project. Since the age of the project and the date the project placed 
in service are generally directly related to physical needs, a maximum 
of 30 points will be awarded based on the following criteria:
    (a) Projects with initial operational dates prior to December 21, 
1979--30 points.
    (b) Projects with initial operational dates on or after December 
21, 1979, but before December 15, 1989--20 points.
    (c) Projects with initial operational dates on or after December 
15, 1989, but before October 1, 1991--10 points.
    (d) Projects with initial operational dates on or after October 1, 
1991--0 points;
    8. Projects with Open Physical Findings. An ``Open Physical 
Finding'' is a condition at the property, identified by the Agency that 
is not in compliance with the Agency standards published in 7 CFR 
3560.103. Projects with Open Physical Findings classified ``B'', ``C,'' 
or ``D'', as defined below, will be awarded points in the following 
manner:

Class ``D'' Projects

    Class ``D'' projects are those projects that are in default and may 
be taken into inventory, be lost to the program, or cause the 
displacement of tenants. Defaults can be monetary or non-monetary. 
Projects in default are those where the Agency has notified the 
borrower of a violation using the Agency's servicing letter process, 
and the borrower has not addressed the violation to the Agency's 
satisfaction.

Class ``C'' Projects

    Class ``C'' projects are projects with Open Physical or Financial 
findings or violations, which are not associated to an approved workout 
and/or transition plan. This can include projects with violations where 
a servicing letter has been issued but 60 calendar days have

[[Page 45939]]

not passed since the issuance of the first servicing letter.

Class ``B'' Projects

    Class ``B'' projects indicate the Agency has taken servicing steps 
and the borrower is cooperating to resolve identified findings or 
violations by associating an approved workout plan and/or transition 
plan.
    For transfer proposals:
    (a) For projects classified a ``C'' or ``D'' for 24 months or more. 
20 points
    (b) For projects classified as a ``C'' or ``D'' for less than 24 
months. 15 points
    Stay-in owner proposals:
    (a) For projects classified as a ``B'' as a result of a workout 
and/or transition plan approved by the Agency prior to April 1, 2015. 
25 points.
    (b) Projects with an Agency ``C'' classification for 24 months or 
longer with Open Findings at the time the MPR pre- application is 
filed, will not be eligible to participate in the MPR demonstration 
program.
    1. Closed Sale of Section 515 projects to non-profit/Public Housing 
Authority. The Agency will award 20 points for projects that have been 
sold to non-profit organizations under the prepayment process as 
explained in 7 CFR part 3560, subpart N. To receive points, the 
borrower/applicant must provide a copy of the filed deed with their 
pre-application. 20 points.
    2. Prior approved Capital Needs Assessments (CNAs). In the interest 
of ensuring timely application processing and underwriting, the Agency 
will award up to 20 points for projects with CNAs already approved by 
the Agency. ``Approved'' means the date the CNA or an updated CNA was 
approved by the Agency. CNAs or updates before October 1, 2013, may not 
be used for MPR underwriting without an update approved by the Agency. 
Points will be awarded for:
    (a) CNAs approved on or after October 1, 2014, but prior to the 
publication of this Notice 20 points
    (b) CNAs approved on or after October 1, 2013, but prior to October 
1, 2014, 10 points
    2. Tenant service provision. The Agency will award 5 points for 
applications that include new services provided by either a for-profit 
or a non-profit organization, which may include a faith-based 
organization, or by another Government agency. Such services shall be 
provided at no cost to the project and shall be made available to all 
tenants. Examples of such services may include transportation for the 
elderly, after-school day care services or after-school tutoring. 5 
points.
    3. For portfolio sales and project consolidations, the Agency will 
award the following points:
    (a) Proposal does not involve a consolidation of properties 0 
points;
    (b) Proposal involves a consolidation of 2-4 properties 5 points;
    (c) Proposal involves a consolidation of 5 or more properties 10 
points.
    4. Energy Conservation, Energy Generation, and Green Property 
Management. Under the MPR Energy Initiatives, projects may receive a 
maximum of 42 points under three categories: Energy Conservation, 
Energy Generation, and Green Property Management.
(a) Energy Conservation 30 Points
    Pre-applications for rehabilitation and preservation of projects 
may be eligible to receive a maximum of 30 points for the following 
energy conservation measures.
    (1) Participation in the Green Communities program by the 
Enterprise Community Partners, http://www.enterprisecommunity.com/solutions-and-innovation/enterprise-green-communities, will be awarded 
30 points for any project that qualifies for the program. At least 30 
percent of the points needed to qualify for the Green Communities 
program must be earned under the Energy Efficiency section of the Green 
Communities program. Green Communities has an initial checklist 
indicating prerequisites for participation. Each applicant must provide 
a checklist establishing that the prerequisites for each program's 
participation will be met. Additional points will be awarded for 
checklists that achieve higher levels of energy efficiency 
certification as set forth in paragraph 2 below. All checklists must be 
accompanied by a signed affidavit by the project architect or engineer 
stating that the goals are achievable.
    (2) If you are not enrolling in the Green Communities program, then 
points can be accumulated for each of the following items up to a total 
of 20 points. Provide documentation to substantiate your answers below: 
Documentation may include a signed statement agreeing to replace the 
items, when needed, with Energy Star rated items.
    (i) This proposal includes the replacement of heating, ventilation 
and air conditioning (HVAC) equipment with Energy Star qualified 
heating, ventilation, and air conditioning equipment. 3 points
    (ii) This proposal includes the replacement of windows and doors 
with Energy Star qualified windows and doors. 3 points
    (iii) This proposal includes additional attic and wall insulation 
that exceeds the required R-Value of these building elements for your 
areas as per the International Energy Conservation Code 2012. Two 
points will be awarded if all exterior walls exceed insulation code, 
and 1 point will be awarded if attic insulation exceeds code for a 
maximum of 3 points.
    (iv) This proposal includes the reduction in building shell air 
leakage by at least 15 percent as determined by pre- and post-rehab 
blower door testing on a sample of units. Building shell air leakage 
may be reduced through materials such as caulk, spray foam, gaskets and 
house-wrap. Sealing of duct work with mastic, foil-backed tape, or 
aerosolized duct sealants can also help reduce air leakage. 3 points
    (v) This proposal includes 100 percent of installed appliances and 
exhaust fans that are Energy Star qualified. 2 points
    (vi) This proposal includes 100 percent of installed water heaters 
that are Energy Star qualified. 2 points
    (vii) This proposal included replacement of 100 percent of toilets 
with flush capacity of more than 1.6 gallon flush capacity with new 
toilets having 1.6 gallon flush capacity or less, and with Environment 
Protection Agency (EPA) Water Sense label. 1 point
    (viii) This proposal includes 100 percent of new showerheads with 
EPA Water Sense label. 1 point
    (ix) This proposal included 100 percent of new faucets with EPA 
Water Sense label. 1 point
    (x) This proposal included 100 percent energy-efficient lighting 
including, but not limited to, Energy Star qualified fixtures, compact 
fluorescent replacement bulbs in standard incandescent fixtures and 
Energy Star ceiling fans. 1 point
AND
    (3) Participation in local green/energy efficient building 
standards. Applicants who participate in a city, county, or 
municipality program will receive an additional 2 points. The applicant 
should be aware and look for additional requirements that are sometimes 
embedded in the third-party program's rating and verification systems. 
2 points
5. Energy Generation (Maximum 5 Points)
    Pre-applications which participate in the Green Communities program 
by the Enterprise Community Partners, or receive at least 20 points for 
Energy Conservation measures, are eligible to earn additional points 
for installation of on-site renewable energy sources. Renewable, on-
site energy generation

[[Page 45940]]

will complement a weather-tight, well-insulated building envelope with 
highly efficient mechanical systems. Possible renewable energy 
generation technologies include, but are not limited to: Wind turbines 
and micro-turbines, micro-hydro power, photovoltaic (capable of 
producing a voltage when exposed to radiant energy, especially light), 
solar hot water systems and biomass/biofuel systems that do not use 
fossil fuels in production. Geo-exchange systems are highly encouraged 
as they lessen the total demand for energy and, if supplemented with 
other renewable energy sources, can achieve zero energy consumption 
more easily.
    Points under this paragraph will be awarded as follows. Projects 
with preliminary or rehabilitation building plans and energy analysis 
that propose a 10 percent to 100 percent energy generation commitment 
(where generation is considered to be the total amount of energy needed 
to be generated on-site to make the building a net-zero consumer of 
energy) may be awarded points corresponding to their percent of 
commitment as follows:
    (a) 0 to 9 percent commitment to energy generation receives 0 
points;
    (b) 10 to 20 percent commitment to energy generation receives 1 
point;
    (c) 21 to 40 percent commitment to energy generation receives 2 
points;
    (d) 41 to 60 percent commitment to energy generation receives 3 
points;
    (e) 61 to 80 percent commitment to energy generation receives 4 
points;
    (f) 81 to 100 percent or more commitment to energy generation 
receives 5 points.
    In order to receive more than 1 point for this energy generation 
paragraph, an accurate energy analysis prepared by an engineer will 
need to be submitted with the pre-application. Energy analysis of 
preliminary building plans using industry-recognized simulation 
software must document the projected total energy consumption of the 
building, the portion of building consumption which will be satisfied 
through on-site generation, and the building's Home Energy Rating 
System (HERS) score.
6. Green Property Management Credentials 5 Points
    Pre-applications may be awarded an additional 5 points if the 
designated property management company or individuals that will assume 
maintenance and operations responsibilities upon completion of 
construction work have a Credential for Green Property Management. 
Credentialing can be obtained from the National Apartment Association 
(NAA), National Affordable Housing Management Association, the 
Institute for Real Estate Management, or the U.S. Green Building 
Council's Leadership in Energy and Environmental Design for Operations 
and Maintenance (LEED OM). Credentialing must be illustrated in the 
resume(s) of the property management team and included with the pre-
application.
    The Agency will total the points awarded to each pre-application 
and rank each pre-application according to total score. If point totals 
are equal, the earliest time and date the pre-application was received 
by the Agency will determine the ranking. In the event pre-applications 
are still tied, they will be further ranked by giving priority to those 
projects with the earliest Rural Development operational date as 
defined under section V A 7.

B. Confirmation of Eligibility

    For pre-applications submitted under Round 1 of this Notice 
requesting debt deferral only of the eligible Section 515 or Section 
514 loans, the Agency will conduct eligibility determinations on an 
ongoing basis, and eligible applicants will be authorized to proceed, 
subject to the availability of appropriated funds under the MPR 
program.
    For pre-applications submitted under Round 2 of this Notice, 
Eligibility will be confirmed after ranking is completed on the 
highest-scoring pre-applications in each State. If one or more of the 
highest-scoring pre-applications is determined ineligible, (i.e. the 
applicant is a borrower that is not in good standing with the Agency or 
has been debarred or suspended by the Agency, etc.), then the next 
highest-scoring pre-application will be confirmed for eligibility.
    If one or more of the highest ranking pre-applications is a 
portfolio transaction, eligibility determinations will be conducted on 
each pre-application associated with the portfolio. Should any of the 
pre-applications associated with the portfolio be determined 
ineligible, those ineligible pre-application(s) will be rejected, but 
the overall eligibility of the portfolio will not be affected as long 
as the requirements in Section I and other provisions of this Notice 
are met, as determined by the Agency.
    If one or more of the highest-ranking pre-applications in a State 
is a project consolidation, and one of the projects involved in the 
consolidation does not meet the occupancy standards cited in Section 
III (ii), that project(s) will be determined ineligible and eliminated 
from the proposed consolidation transaction.

VI. Award Administration Information

A. Selection of Pre-Applications for Further Processing

    For pre-applications submitted under this Notice and requesting 
debt deferral only, the Agency will complete the eligibility 
confirmations on an ongoing basis and authorize those applicants 
determined eligible to proceed, subject to the availability of 
appropriated funds under the MPR program
    For pre-applications submitted under this Notice, the Agency will 
conduct a four-step process, described below, to select eligible pre-
applications for submission of formal applications. This process will 
allow the Agency to develop a representative sampling of revitalization 
transaction types, assure geographic distribution, and assure an 
adequate pipeline of transactions to use all available funding. No 
State will be authorized to accept more than ten (10) pre-applications 
for submission of formal applications. If an insufficient number of 
pre-applications is received to use available funds, the Agency, at its 
sole discretion, may exceed the maximum pre-application cap per State.
    All MPR funding tools are available to be used on both Sections 
514/516 and Section 515 projects.
    STEP ONE: The Agency will review the eligible pre-applications, 
categorize each pre-application as either Simple, Complex, or Portfolio 
(see section I), and sort by State.
    STEP TWO: Portfolio transactions will be limited to 3 per State 
(either RRH or FLH) and will count as 3 MPR transactions. A portfolio 
transaction, as defined in section I, will be limited to a maximum of 
15 projects.
    STEP THREE: The highest ranked complex transactions (RRH or FLH) 
will be selected for further processing, not to exceed 2 per State.
    STEP FOUR: Additional projects will be selected from the highest 
ranked eligible pre-applications involving simple transactions in each 
State until a total of 10 (RRH or FLH) pre-applications for MPR 
transactions is reached.
    If there are insufficient funds for all projects selected under any 
step, the Agency may suspend further selections.
    This demonstration project is subject to the availability of funds. 
Any selected eligible applications from this Notice or prior NOFAs will 
be carried over to the next fiscal year for consideration. Any such 
unfunded pre-applications not approved by the Agency prior to December 
31, 2017, will automatically be considered withdrawn by the Agency. 
Applicants, however, may

[[Page 45941]]

reapply for funding under future Notices.

B. Pre-Application Selection

    Those eligible pre-applications that are ranked and then selected 
for further processing will be invited to submit a formal application 
on SF 424, ``Application for Federal Assistance.'' Applications (SF 
424s) can be obtained and completed online. An electronic version of 
this form may be found at: http://www.epa.gov/ogd/AppKit/index.htm. A 
hard copy may be obtained by contacting the State Office in the State 
where the project is located and can be submitted either electronically 
or in hard copy. Refer to Section VIII of this Notice, below, for a 
link to all Rural Development State Offices.
    Those eligible pre-applications that are not selected for further 
processing will be retained by the Agency unless they are withdrawn 
according to this Notice. Applicants rejected will be notified that 
their pre-applications were not selected and advised of their appeal 
rights under 7 CFR part 11. In the event a pre-application is selected 
for further processing and the applicant declines, the next highest 
ranked pre-application of the same transaction type in that State will 
be selected provided there is no change in the preliminary eligibility 
of the pre-applicant. If there are no other pre-applications of the 
same transaction type, then the next highest-ranked pre-application, 
regardless of transaction type, will be selected.
    Awards made under this Notice are subject to the provisions 
contained in the Agriculture, Consolidated and Further Continuing 
Appropriations Act, 2015, Public Law 113-235, Division E, Title 1, 
sections 744 and 745, regarding corporate felony convictions and 
corporate federal tax delinquencies. In accordance with those 
provisions, only selected applicants that are or propose to be 
corporations need submit the following form as part of their MPR 
application; such applicants must submit an executed form AD-3030, 
which can be found online at: http://www.ocio.usda.gov/document/ad3030.
    If a pre-application is accepted for further processing, the 
applicant must submit additional information needed to demonstrate 
eligibility and feasibility (such as a CNA), consistent with this 
Notice and 7 CFR part 3560, prior to the issuance of any restructuring 
offer. The Agency will provide additional guidance to the applicant and 
request information and documents necessary to complete the 
underwriting and review process. Since the character of each 
application may vary substantially depending on the type of transaction 
proposed, information requirements will be provided as appropriate. 
Complete project information must be submitted as soon as possible, but 
in no case later than 45 calendar days from the date of Agency 
notification of the applicant's selection for further processing. 
Failure to submit the required information in a timely manner may 
result in the Agency discontinuing the processing of the request.
    The Agency will work with the applicants selected for further 
processing in accordance with the following:
    (a) Based on the feasibility of the type of transaction that will 
best suit the project and the availability of funds, further 
eligibility confirmation determinations will be conducted by the 
Agency.
    (b) If an Agency-approved CNA has not already been submitted to the 
Agency, an Agency-approved CNA will be required (see 7 CFR 3560.103(c) 
and the Agency's published ``Guidance on the Capital Needs Assessment 
Process'' available at http://www.rd.usda.gov/programs-services/housing-preservation-revitalization-demonstration-loans-grants and the 
CNA Statement of Work together with any non-conflicting amendments). 
Agency-approved CNAs must be prepared by a qualified independent 
contractor, and are obtained to determine needed repairs and any 
necessary adjustments to the reserve account for long-term project 
viability.
    (c) Underwriting will be conducted by the Agency. The feasibility 
and structure of each revitalization proposal will be based on the 
Agency's underwriting and determination of the MPR funding tools that 
will minimize the cost to the Government consistent with the purposes 
of this Notice.

C. MPR Offers

    Approved MPR offers will be presented to successful applicants who 
will then have up to 15 calendar days to accept or reject the offer in 
writing. If no offer is made, the application will be rejected and 
appeal rights will be given. Closing of MPR offers will occur within 
six months of the obligation of MPR tools unless extended in writing by 
the Agency.

VII. Non-Discrimination Statement

    The U.S. Department of Agriculture (USDA) is an equal opportunity 
provider, employer, and lender. All borrowers and applicants will 
comply with the provisions of 7 CFR 3560.2. All housing must meet the 
accessibility requirements found at 7 CFR 3560.60(d). All MPR 
participants must submit or have on file a valid Form RD 400-1, ``Equal 
Opportunity Agreement'' and Form RD 400-4, ``Assurance Agreement.''
    The U.S. Department of Agriculture prohibits discrimination against 
its customers, employees, and applicants for employment on the basis of 
race, color, national origin, age, disability, sex, gender identity, 
religion, reprisal, and where applicable, political beliefs, marital 
status, familial or parental status, sexual orientation, all or part of 
an individual's income is derived from any public assistance program, 
or protected genetic information in employment or in any program or 
activity conducted or funded by the Department. (Not all prohibited 
bases will apply to all programs and/or employment activities.)
    If you wish to file an employment complaint, you must contact your 
Agency's EEO Counselor within 45 days of the date of the alleged 
discriminatory act, event, or in the case of a personnel action. 
Additional information can be found online at: http://www.ascr.usda.gov/complaint_filing_file.html.
    If you wish to file a Civil Rights program complaint of 
discrimination, complete the USDA Program Discrimination Complaint Form 
(PDF), found online at: http://www.ascr.usda.gov/complaint_filing_cust.html, any USDA office, or call (866) 632-9992 to 
request the form. You may also write a letter containing all of the 
information requested in the form. Send your completed complaint form 
or letter to us by mail at U.S. Department of Agriculture, Director, 
Office of Adjudication, 1400 Independence Avenue SW., Washington, DC 
20250-9410, by fax (202) 720-7442 or email at: program.intake@usda.gov.
    Individuals who are deaf, hard of hearing or have speech 
disabilities and you wish to file either an EEO or program complaint 
please contact USDA through the Federal Relay Service at (800) 877-8339 
or (800) 845-6136 (in Spanish).
    Persons with disabilities, who wish to file a program complaint, 
please see information above on how to contact us by mail directly or 
by email. If you require alternative means of communication for program 
information (e.g., Braille, large print, audiotape, etc.) please 
contact USDA's TARGET Center at (202) 720-2600 (voice and TDD).

 VIII. Award Agency Contacts

    USDA Rural Development MFH State Office contacts can be found at 
http://teamrd.usda.gov/rd/emp_services/

[[Page 45942]]

directory/states/Combined.doc. (Note: Telephone numbers listed are not 
toll-free.)
    Appropriation Act funding will be posted on the Rural Development 
Web site.
    All adverse determinations are appealable pursuant to 7 CFR part 
11. Instructions on the appeal process will be provided at the time an 
applicant is notified of the adverse action.

    Dated: July 28, 2015.
Tony Hernandez,
Administrator, Rural Housing Service.
[FR Doc. 2015-18990 Filed 7-31-15; 8:45 am]
BILLING CODE 3410-XV-P



                                                                                 Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices                                            45933

                                                  to the agricultural industry for                         respondents. This Notice is submitted in              DEPARTMENT OF AGRICULTURE
                                                  pollinating numerous food crops for the                  accordance with the Paperwork
                                                  world’s population. Concern for honey                    Reduction Act of 1995 (Pub. L. 104–113)               Rural Housing Service
                                                  bee colony mortality has risen since the                 and the Office of Management and
                                                  introduction of Varroa mites in the                      Budget regulations at 5 CFR part 1320.                Notice of Solicitation of Applications
                                                  United States in the late 1980s and the                     NASS also complies with OMB                        (NOSA) for the Multifamily
                                                  appearance of Colony Collapse Disorder                   Implementation Guidance,                              Preservation and Revitalization (MPR)
                                                  in the past decade.                                      ‘‘Implementation Guidance for Title V                 Demonstration Program Under Section
                                                     In the Pollinator Research Action                     of the E-Government Act, Confidential                 514, Section 515, and Section 516 for
                                                  Plan, the President’s Pollinator Health                  Information Protection and Statistical                Fiscal Year 2015
                                                  Task Force identified nearly 200 tasks                   Efficiency Act of 2002 (CIPSEA),’’                    AGENCY:   Rural Housing Service, USDA.
                                                  that need to be conducted and                            Federal Register, Vol. 72, No. 115, June
                                                  coordinated from across the government                                                                         ACTION:   Notice.
                                                                                                           15, 2007, p. 33376.
                                                  to research all aspects of pollinator                       Estimate of Burden: Public reporting               SUMMARY:    The Rural Housing Service
                                                  health and to come up with suggestions                   burden for this collection of information             (Agency) announces the timeframe to
                                                  for improving this vital part of our food                is estimated to average 15 minutes per                submit applications to participate in a
                                                  system. The Task Force’s plan will                       response. Publicity materials and an                  demonstration program to preserve and
                                                  involve conducting research and                          instruction sheet for reporting via                   revitalize existing Rural Rental Housing
                                                  collecting data for the following                        internet will account for 5 minutes of                (RRH) projects under Section 514,
                                                  categories: Status & Trends, Habitats,                   additional burden per respondent.                     Section 515, and Section 516 of the
                                                  Nutrition, Pesticides, Native Plants,                    Respondents who refuse to complete a                  Housing Act of 1949, as amended.
                                                  Collections, Genetics, Pathogens,                        survey will be allotted 2 minutes of                  Under this demonstration program,
                                                  Decision Tools, and Economics. The                       burden per attempt to collect the data.               existing Section 515 Multi-Family
                                                  pollinators have been classified into                       Once a year, NASS will contact                     Housing (MFH) loans and Sections 514/
                                                  Honey Bee, Native Bee, Wasp, Moth/                       approximately 53,000 crop farmers who                 516 Off-Farm Labor Housing (FLH)
                                                  Butterfly, Fly, and Vertebrate. The                      rely on honey bees to pollinate their                 loans will be restructured to ensure
                                                  departments that will conduct the bulk                   fruit, nut, vegetable, and other crops.               sufficient resources are available to
                                                  of the research are the Department of the                NASS will conduct the annual survey                   preserve the ability of rental projects to
                                                  Interior (DOI), the Environmental                        initially using a mail and internet                   provide safe and affordable housing for
                                                  Protection Agency (EPA), the National                    approach. This will be followed up with               very low-, low-, or moderate-income
                                                  Science Foundation (NSF), the                            phone and personal enumeration for                    residents. Projects participating in this
                                                  Smithsonian Institute (SI), and the                      non-respondents. NASS will attempt to                 program will be expected to be
                                                  United States Department of Agriculture                  obtain at least an 80% response rate.                 revitalized to extend their affordable use
                                                  (USDA).                                                     Respondents: Farmers.
                                                     NASS has been given the tasks of                                                                            without displacing tenants because of
                                                                                                              Estimated Number of Respondents:                   increased rents. No additional Agency
                                                  collecting economic data related to                      53,000.
                                                  honey bees and quantifying the number                                                                          Rental Assistance (RA) will be made
                                                                                                              Estimated Total Annual Burden on
                                                  of colonies that were lost or reduced.                                                                         available under this program.
                                                                                                           Respondents: With an estimated
                                                  NASS was approved to conduct the                         response rate of approximately 80%, we                DATES: For Fiscal Year 2015, the Agency
                                                  Quarterly and Annual Colony Loss                         estimate the burden to be 13,400 hours.               will facilitate use of the Fiscal Year
                                                  Surveys under OMB approval number                           Comments: Comments are invited on:                 2015 Multifamily Preservation and
                                                  0535–0255. NASS plans to also collect                    (a) Whether the proposed collection of                Revitalization (MPR) funding tools by
                                                  the economic data under this new                         information is necessary for the proper               holding a competitive application round
                                                  collection. NASS collects data from crop                 performance of the functions of the                   for MPR applications requesting other
                                                  farmers who rely on pollinators for their                agency, including whether the                         MPR funding tools, in addition to the
                                                  crops (fruits, nuts, vegetables, etc.). Data             information will have practical utility;              available MPR deferral assistance, and
                                                  relating to the targeted crops will be                   (b) the accuracy of the agency’s estimate             by adding a continuous open
                                                  collected for the total number of acres                  of the burden of the proposed collection              application process for any transfer
                                                  that rely on honey bee pollination, the                  of information including the validity of              applications that request only the MPR
                                                  number of honey bee colonies that were                   the methodology and assumptions used;                 loan deferral assistance. Application
                                                  used on those acres, and any cash fees                   (c) ways to enhance the quality, utility,             deadlines for these opportunities are:
                                                  associated with honey bee pollination.                   and clarity of the information to be                     (1) For MPR applications requesting
                                                  Crop Farmers will also be asked if                       collected; and (d) ways to minimize the               debt deferral of eligible Section 514 or
                                                  beekeepers who were hired to bring                       burden of the collection of information               Section 515 loans, plus other MPR
                                                  their bees to their farm were notified of                on those who are to respond, through                  funding tools, complete applications
                                                  pesticides used on the target acres, how                 the use of appropriate automated,                     must be received no later than 5:00 p.m.
                                                  many acres they were being hired to                      electronic, mechanical, technological, or             Eastern Time,120 calendar days after
                                                  pollinate, and how much they were                        other forms of information technology                 August 3, 2015, and
                                                  being paid to pollinate the targeted                     collection methods.                                      (2) For any MPR applications
                                                  crops.                                                      All responses to this notice will                  requesting debt deferral only for eligible
                                                     Authority: These data will be                         become a matter of public record and be               Section 514 or Section 515 loans,
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                                                  collected under the authority of 7 U.S.C.                summarized in the request for OMB                     complete applications may be submitted
                                                  2204(a). Individually identifiable data                  approval.                                             on an ongoing basis through COB 5:00
                                                  collected under this authority are                                                                             p.m. Eastern Time, December 31, 2015.
                                                  governed by Section 1770 of the Food                       Signed at Washington, DC, July 24, 2015.               The pre-application closing deadline
                                                  Security Act of 1985 as amended, 7                       Joseph T. Reilly,                                     is firm as to date and hour. The Agency
                                                  U.S.C. 2276, which requires USDA to                      Administrator.                                        will not consider any pre-application
                                                  afford strict confidentiality to non-                    [FR Doc. 2015–18975 Filed 7–31–15; 8:45 am]           that is received after the closing
                                                  aggregated data provided by                              BILLING CODE 3410–20–P                                deadline. Applicant’s intending to mail


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                                                  45934                          Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices

                                                  pre-applications must allow sufficient                   Revitalization Demonstration Program—                 MPR Conditional Commitment (MPRCC)
                                                  time to permit delivery on or before the                 Section 514, Section 515, and Section                 with the eligible borrower/applicant, which
                                                  closing deadline. Acceptance by a post                   516 for Fiscal Year 2015.                             will include all the terms and conditions
                                                  office or private mailer does not                          Announcement Type: Inviting                         offered by the Agency.
                                                  constitute delivery. Facsimile (FAX) and                 responses in the form of pre-                            One of the MPR tools to be used in
                                                  postage-due pre-applications will not be                 applications from interested applicants.              this program is debt deferral for up to
                                                  accepted.                                                  Catalog of Federal Domestic                         20 years of the existing Section 514 or
                                                  FOR FURTHER INFORMATION CONTACT:                         Assistance Number (CFDA): 10.447.                     Section 515 loans obligated prior to
                                                  Dean Greenwalt, dean.greenwalt@                          I. Funding Opportunity Description                    October 1, 1991. The cash flow from the
                                                  wdc.usda.gov, (314) 457–5933, and/or                                                                           deferred payment will be deposited, as
                                                  Abby Boggs abby.boggs@wdc.usda.gov,                         The Consolidated and Further                       directed by the Agency, to the reserve
                                                  (615) 783 1382, Finance and Loan                         Continuing Appropriations Act, 2015,
                                                                                                                                                                 account to help meet the future physical
                                                  Analyst, Multi-Family Housing                            Public Law 113–235, signed December
                                                                                                                                                                 needs of the project, support new debt
                                                  Preservation and Direct Loan Division,                   16, 2014, authorized the Agency to
                                                                                                                                                                 or to reduce rents, as determined by the
                                                  STOP 0782, (Room 1263–S) U.S.                            conduct a demonstration program for
                                                                                                                                                                 Agency.
                                                  Department of Agriculture, Rural                         the preservation and revitalization of
                                                                                                                                                                    A. Debt deferral is described as
                                                  Development, 1400 Independence                           the Section 515 MFH portfolio and
                                                                                                                                                                 follows:
                                                  Avenue SW., Washington, DC 20250–                        Sections 514/516 Off-FLH portfolio.
                                                                                                           Section 514, Section 515 and Section                     1. MPR Debt Deferral. A deferral of the
                                                  0782. All hard copy pre-applications                                                                           existing Section 514 or Section 515
                                                  and required documents (attachments)                     516 MFH programs are authorized by
                                                                                                           the Housing Act of 1949, as amended                   Agency loan(s), obligated prior to
                                                  must be submitted to this address.                                                                             October 1, 1991, for 20 years. If the term
                                                  (Please note these telephone numbers                     (42 U.S.C. 1484, 1485 and 1486) and
                                                                                                           provide Rural Development with the                    of any existing Section 514 or Section
                                                  are not a toll-free numbers.)                                                                                  515 loans is less than 20 years, the
                                                                                                           authority to provide financial assistance
                                                  SUPPLEMENTARY INFORMATION: This                                                                                Agency will offer a re-amortization of
                                                                                                           for low- income MFH and FLH and
                                                  Fiscal Year (FY) 2015 funding for the                                                                          the existing loans extending the term to
                                                                                                           related facilities, as described in 7 CFR
                                                  MPR demonstration program will be                                                                              a minimum of 20 years. Section 514 or
                                                                                                           part 3560.
                                                  posted on the Rural Development Web                         This Notice solicits pre-applications              Section 515 loans obligated prior to
                                                  site, www.rd.usda.gov/newsroom/                          from interested borrowers/applicants to               October 1, 1991, and subsequently
                                                  notices-solicitation-applications-nosas.                                                                       transferred on new rates and terms may
                                                                                                           restructure existing MFH projects
                                                  The commitment of program dollars                                                                              not be eligible for deferral. Any
                                                                                                           already participating in the Agency’s
                                                  will be made to applicants of selected                                                                         questions on whether or not a loan is
                                                                                                           Section 515 MFH portfolio and Sections
                                                  applications that have fulfilled the                                                                           eligible for deferral should be directed
                                                                                                           514/516 FLH portfolio for the purpose
                                                  necessary requirements for obligation, to                                                                      to the local RD State Office at: http://
                                                                                                           of revitalization and preservation.
                                                  the extent an appropriation act provides                                                                       teamrd.usda.gov/rd/emp_services/
                                                                                                           Eligible borrowers are sometimes
                                                  funding for the MPR demonstration                                                                              directory/states/Combined.doc. All
                                                                                                           referred to in this Notice as
                                                  program.                                                                                                       terms and conditions of the deferral will
                                                     Expenses incurred in applying for this                ‘‘applicants,’’ ‘‘borrowers,’’ ‘‘applicant/
                                                                                                           borrowers,’’ or ‘‘owners’’ as seems most              be described in the MPR Debt Deferral
                                                  Notice will be borne by and be at the                                                                          Agreement. A balloon payment of
                                                  applicant’s risk.                                        appropriate for the context of the
                                                                                                           relevant Notice provision. The MPR                    principal and accrued interest will be
                                                     Of particular note this year, the Rural                                                                     due at the end of the deferral period.
                                                  Housing Service (the Agency) will                        demonstration program shall be referred
                                                                                                           to in this Notice as the Multifamily                  Interest will accrue at the promissory
                                                  assign additional points to pre-                                                                               note rate and, if applicable, the subsidy
                                                  applications for projects based in or                    Preservation and Revitalization
                                                                                                           demonstration program. Agency                         will be applied as set out in the
                                                  serving census tracts with poverty rates                                                                       Agency’s ‘‘Multiple Family Housing
                                                  greater than or equal to 20 percent. This                regulations for the Section 515 MFH
                                                                                                           program and the Sections 514/516 FLH                  Interest Credit Agreement’’ Form RD
                                                  emphasis will support Rural                                                                                    3560–9, which is available at http://
                                                  Development’s (RD) mission of                            program are published at 7 CFR part
                                                                                                           3560.                                                 forms.sc.egov.usda.gov/efcommon/
                                                  improving the quality of life for Rural                                                                        eFileServices/eForms/RD3560-9.PDF.
                                                  Americans and commitment to directing                       The intent of the MPR demonstration
                                                                                                           program is to ensure that existing rental                B. Other Agency MPR funding tools
                                                  resources to those most in need.                                                                               are as follows:
                                                     A synopsis of this program and the                    projects will continue to deliver decent,
                                                                                                           safe and sanitary affordable rental                      1. MPR Grant. A grant limited to non-
                                                  pre-application’s universal resource
                                                                                                           housing for 20 years, the remaining term              profit applicants/borrowers only. The
                                                  locator will be listed by Catalog of
                                                                                                           of any Agency loan, or the remaining                  grant will be limited to the cost of
                                                  Federal Domestic Assistance Number or
                                                                                                           term of any existing Restrictive-Use                  correcting health and safety violations
                                                  at Federal Grants Wire at http://
                                                                                                           Provisions (RUP) or prohibition,                      of a project identified by a CNA
                                                  www.federalgrantswire.com.
                                                                                                           whichever ends later.                                 accepted by the Agency. The grant
                                                  Paperwork Reduction Act                                                                                        administration will be in accordance
                                                                                                             Note: All pre-applications will be selected
                                                    The information collection                             by the Agency using the process described in          with applicable provisions of 2 CFR
                                                  requirements contained in this Notice                    this Notice, and the selected applicants will         parts 200 and 400.
                                                  have received approval from the Office                   be invited to participate in the MPR                     2. MPR Zero Percent Loan. A loan at
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                                                  of Management and Budget (OMB)                           demonstration program. Upon written                   zero percent interest. The loan’s
                                                                                                           notification to the Agency from the selected          maximum term and amortization will be
                                                  under Control Number 0570–0190.                          applicant of their acceptance to participate,         as authorized by the respective program
                                                  Overview                                                 an independent third-party Capital Needs              authority.
                                                                                                           Assessment (CNA) will be conducted to
                                                    Federal Agency Name: Rural Housing                     provide a fair and objective review of                   (a) For Section 515 RRH projects, the
                                                  Service, USDA.                                           projected capital needs. The Agency shall             maximum loan term is 30 years
                                                    Funding Opportunity Title:                             implement any restructuring proposal that             amortized over a maximum term of 50
                                                  Multifamily Preservation and                             may be offered under this Notice through an           years.


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                                                                                 Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices                                           45935

                                                     (b) For Sections 514/516 projects, the                   • Simple Transactions: These involve                  Transactions within each category
                                                  loan will be amortized over a maximum                    no change in ownership.                               may utilize any or all MPR funding tools
                                                  term of 33 years.                                           • Complex Transactions: These may                  described above in paragraph I,
                                                     3. MPR Soft-Second Loan. A loan with                  consist of a project transfer to a new                ‘‘Funding Opportunity Description.’’
                                                  a one percent interest rate that will have               ownership, processed in accordance                    MPR tools available through the MPR
                                                  its accrued interest and principal                       with 7 CFR 3560.406, with or without                  demonstration program will be used to
                                                  deferred to a balloon payment. The                       a consolidation, or transactions                      address preservation and rehabilitation
                                                  balloon payment will be due at the same                  requiring a subordination agreement as                needs identified in the Agency accepted
                                                  time the latest maturing Section 514 or                  a result of third-party funds. The                    CNA.
                                                  Section 515 loan already in place at the                 applicant will submit one pre-                           Liens against the project, with the
                                                  time of closing, or the maturity date of                 application. If a consolidation is                    exception of Agency deferred debt,
                                                  any current loan being re-amortized as                   proposed, all projects to be consolidated             cannot exceed the Agency-approved
                                                  part of the restructuring, is due.                       must be submitted on one pre-                         security value of the project. All Agency
                                                     MPR funds cannot be used to build                     application and be located in the same                debt, either in first lien position or a
                                                  community rooms, add additional                          market area.                                          subordinated lien position, must be
                                                  parking areas, playgrounds, laundry                         To be considered in the same market                secured by the project, except deferred
                                                  rooms or additional new units, unless                    area, projects must be in a neighborhood              debt, which is not included in the
                                                  the additional unit(s) are needed for the                or similar area where the property                    Agency’s total lien position for
                                                  project to meet the 5 percent fully                      competes for tenants; managed under                   computation of the Agency’s security
                                                  accessible requirement as defined by                     one management plan and one                           value. Payment of any deferred debt will
                                                  Uniform Federal Accessibility                            management agreement; and, in                         not be required from normal project
                                                  Standards (UFAS), and the Agency                         sufficiently close proximity to permit                operations income. Payment of any
                                                  concurs. However, other funding                          convenient and efficient management of
                                                                                                                                                                 deferred debt will be required from
                                                  sources as outlined below in (a) through                 the property.
                                                                                                                                                                 excess cash generated from project
                                                                                                              Applicants should discuss proposed
                                                  (f) can be used either for such                                                                                operations after all other secured debts
                                                                                                           consolidations with the Rural
                                                  revitalization and/or improvements:                                                                            are satisfied or as directed by the
                                                                                                           Development State Office in the State(s)
                                                                                                           where the projects are located prior to               Agency.
                                                  4. Other Sources of Funds
                                                                                                           filing their MPR pre-application to                   Maturing Mortgage Applications
                                                     (a) Rural Development Section 515
                                                                                                           ensure Rural Development concurs with
                                                  Rehabilitation loan funds;                                                                                        The Agency recognizes that a number
                                                                                                           the applicant’s market area estimation.
                                                     (b) Rural Development Sections 514/                      If either the Agency or the owner                  of Section 515 and Sections 514/516
                                                  516 Off-Farm rehabilitation loan/grant                   chooses to remove one or more projects                properties are financed through
                                                  funds;                                                   from the proposal, this may be done                   mortgages scheduled to mature through
                                                     (c) Rural Development Section 538                     without affecting the eligibility of the              calendar year 2018. The Agency will
                                                  Guaranteed Rural Rental Housing                          complex transaction. To be a complex                  make an MPR debt deferral available to
                                                  (GRRH) program financing;                                transaction, the Agency assumes only                  properties with all Agency mortgages
                                                     (d) Rural Development Multi-Family                    one project remains at the MPR closing.               maturing on or before December 31,
                                                  Housing Preservation Revolving Loan                         • Portfolio transactions: These                    2018, in order to extend the affordable
                                                  Funds program;                                           include two or more projects with one                 use of the housing and continue its
                                                     (e) Third-party loans, grants, tax                    stay-in owner, or two or more projects                eligibility for Section 521 Rental
                                                  credits and tax-exempt financing; and                    with multiple project sale transactions               Assistance. Notwithstanding any other
                                                     (f) Owner-provided capital                            to a common purchaser all located in                  provisions of this Notice, applicants
                                                  contributions in the form of a cash                      one State. A stay-in-owner is defined as              applying for a deferral of their eligible
                                                  infusion. A cash infusion cannot be a                    an existing Section 515 or Sections 514/              mortgage debt will be required to meet
                                                  loan.                                                    516 borrower who owns two or more                     the eligibility requirements in either 7
                                                     Transfers, subordinations, and                        properties either as a single ownership               CFR 3560.55 or 3560.555, as determined
                                                  consolidations may be approved as part                   entity or as separate legal entities with             applicable by the Agency. Applicants
                                                  of an MPR transaction in accordance                      at least one common general partner/                  applying solely for deferral of eligible
                                                  with 7 CFR part 3560. If a transfer is                   managing member. Each project                         maturing mortgages will only be
                                                  part of the MPR transaction, and the                     included in the portfolio will be                     required to submit the MPR pre-
                                                  transfer includes a seller payment and/                  submitted on a separate pre-application               application within the established
                                                  or increase in the allowable Return to                   form unless some projects are located in              deadlines set out in the DATES section of
                                                  Owner (RTO), the transfer must first be                  the same market area, as defined above,               this Notice; no additional supporting
                                                  underwritten to meet the requirements                    and are being consolidated. Any                       documentation is required.
                                                  of 7 CFR 3560.406. The transfer                          projects in the portfolio proposed to be                The applicant will complete the MPR
                                                  underwriting may assume the deferral of                  consolidated should be listed on the                  pre-application documenting the date
                                                  all eligible Sections 514/516 or Section                 same pre-application form. Each pre-                  the Agency loans will mature. The
                                                  515 loans. After the transfer has been                   application must have the same                        Agency reserves the right to approve an
                                                  underwritten and concurred with by the                   portfolio name. If the owner chooses to               MPR debt deferral under this paragraph
                                                  Agency’s Multifamily Housing                             remove one or more projects from the                  in its sole discretion, based on factors
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                                                  Preservation and Direct Loan Division,                   proposal, at least two projects must                  including but not limited to: The
                                                  the MPR transaction may be                               remain in order to be classified as a                 preceding 12-month average physical
                                                  underwritten.                                            portfolio transaction. At the end of the              vacancy; analysis of current ownership;
                                                     For the purposes of the MPR                           transaction, the Agency assumes there                 evidence the property is financially
                                                  demonstration program, the                               will be two or more projects. The                     solvent; the current physical condition
                                                  restructuring transactions will be                       projects of the stay-in owner or common               of the property; amount of assistance
                                                  identified by the Agency in three                        purchaser must have at least one general              needed to meet immediate and long
                                                  categories:                                              partner/managing member in common.                    term physical needs of the property; and


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                                                  45936                          Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices

                                                  the availability of other subsidized                     ability of the borrower/applicant to                  material changes in the applicant’s
                                                  housing within the community.                            provide acceptable management and                     status occurring at any time after the
                                                    If other MPR tools are needed, in                      will include an evaluation of any                     initial eligibility determination.
                                                  addition to debt deferral, the Agency                    current outstanding deficiencies. Any                    6. All grant-eligible applicants must
                                                  will require selected applicants to                      outstanding violations or extended open               obtain a Dun and Bradstreet Data
                                                  submit an approved Capital Needs                         findings as defined in Section V, and                 Universal Numbering System (DUNS)
                                                  Assessment to provide a fair and                         recorded in the Agency’s automated                    number and register in the Central
                                                  objective review of the property’s                       Multi-Family Information System                       Contractor Registration (CCR) prior to
                                                  projected physical needs.                                (MFIS), will preclude further processing              submitting a pre-application pursuant to
                                                                                                           of any MPR applications associated with               2 CFR 25.200. In addition, an entity
                                                  II. Award Information
                                                                                                           the applicant/borrower as well as any                 applicant must maintain registration in
                                                     All Agency funding of pre-                            affiliated entity having a 10 percent or              the CCR database at all times during
                                                  applications selected under this Notice                  more ownership interest unless there is               which it has an active Federal award or
                                                  will carry over to the next fiscal year                  a current, approved workout plan in                   an application or plan under
                                                  and be considered for funding.                           place and the plan has been                           consideration by the Agency. Similarly,
                                                  However, pre-applications selected                       satisfactorily followed for a minimum of              all recipients of Federal Financial
                                                  under this Notice must be approved by                    6 consecutive months, as determined by                Assistance are required to report
                                                  the Agency no later than December 31,                    the Agency.                                           information about first-tier, sub-awards
                                                  2017. Any pre-applications selected                         2. For Section 515 RRH projects, the               and executive compensation, in
                                                  under this Notice, not approved by the                   average physical vacancy rate for the 12              accordance with 2 CFR part 170. So long
                                                  Agency prior to December 31, 2017, will                  months preceding this Notice’s                        as an entity applicant does not have an
                                                  be considered automatically withdrawn.                   publication date can be no more than 10               exception under 2 CFR 170.110(b), the
                                                  Applicants may reapply for funding                       percent for projects consisting of 16 or              applicant must have the necessary
                                                  under future Notices.                                    more revenue units and no more than 15                processes and systems in place to
                                                     Applicants are alerted the Agency has                 percent for projects less than 16 revenue             comply with the reporting requirements
                                                  unfunded applications carried over from                  units unless an exception applies under               should the applicant receive funding.
                                                  prior Notices that will receive priority                 section VI paragraph (1) of this Notice.              See 2 CFR 170.200(b).
                                                  consideration for funding approval in                    If a project consolidation is involved,
                                                  FY 2015 based on the terms of those                      the consolidation will remain eligible so             IV. Application and Submission
                                                  Notices. If fiscal year funds available for              long as the average vacancy rate for each             Information
                                                  the MPR demonstration program are                        individual project meets the occupancy                  A. The general steps of the MPR
                                                  fully committed before all eligible pre-                 standard noted in this paragraph.                     application process are as follows:
                                                  applications selected for further                        Projects that do not meet the occupancy                 1. Pre-application: Applicants submit
                                                  processing under this Notice are funded,                 threshold at the time of filing the                   a pre-application described in Section
                                                  the Agency may suspend further                           application, regardless of reason, may be             IV below along with any supporting
                                                  processing of the pre-applications at                    withdrawn by the owner or the Agency                  documentation as outlined in the
                                                  that time.                                               without jeopardizing the application.                 Notice. Failure to timely submit all
                                                     MPR funding tools will be used in                        3. For Sections 514/516 FLH projects,              required documentation will result in
                                                  accordance with 7 CFR part 3560. The                     rather than an average physical vacancy               an incomplete pre-application. This pre-
                                                  program will be administered within the                  rate as noted in section (ii) above, a                application process is designed to lessen
                                                  resources available to the Agency                        positive cash flow for the previous full              the cost burden on all applicants,
                                                  through Public Law 113–235 and any                       3 years of operation is required unless               including those who may not be eligible
                                                  future appropriations for the                            an exception applies as described                     or whose proposals may not be feasible.
                                                  preservation and revitalization of                       section III(A)(2), above.                                Note: If you receive a loan or grant award
                                                  Sections 514/516 and Section 515-                           4. Ownership of and ability to operate             under this Notice, USDA reserves the right to
                                                  financed projects. In the event that any                 the project after the transaction is                  post all information submitted as part of the
                                                  provisions of 7 CFR part 3560 conflict                   completed. In the event of a transfer, the            pre-application/application package, which
                                                  with this Notice, the provisions of this                 proposed transferee must submit                       is not protected under the Privacy Act, on a
                                                  Notice will take precedence.                             evidence of site control. Evidence may                public Web site with free and open access to
                                                                                                           include a Purchase Agreement, Letter of               any member of the public.
                                                  III. Eligibility Information                             Intent, or other documentation                           2. Eligible Projects: Using criteria
                                                     A. Applicants (and the principals                     acceptable to the Agency.                             described below in Section III, the
                                                  associated with each applicant) must                        5. An Agency approved CNA (for                     Agency will conduct an initial screening
                                                  meet the following requirements:                         guidance refer to http://                             for eligibility. As described in Section
                                                     1. All applicants must meet the                       www.rd.usda.gov/programs-services/                    VI, the Agency will conduct an
                                                  eligibility requirements included in 7                   housing-preservation-revitalization-                  additional eligibility screening later in
                                                  CFR 3560.55 or 3560.555, as determined                   demonstration-loans-grants) and an                    the application process.
                                                  appropriate by the Agency. This Notice                   Agency financial evaluation must be                      3. Scoring and Ranking: All complete,
                                                  requires selected applicants to make the                 conducted to ensure that utilization of               eligible and timely-filed pre-
                                                  required equity contribution as outlined                 the restructuring tools of the MPR                    applications will be scored, ranked and
                                                  in 3560.63(c) for any new Section 515                    demonstration program is financially                  put in potential funding categories as
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                                                  loan offered as part of the MPR. Funds                   feasible and necessary for the                        discussed in Sections VI and VII below.
                                                  committed under Section I may be used                    revitalization and preservation of the                   4. Formal Applications: Top ranked
                                                  to fund all or a portion of the required                 project for affordable housing. Initial               pre-applicants will receive a letter from
                                                  equity contribution. Loan applicants                     eligibility for processing will be                    the Agency inviting them to submit a
                                                  will not be given consideration for any                  determined as of the date of the pre-                 formal application. As discussed in
                                                  increased equity value the property may                  application filing deadline. The Agency               Section III of this Notice, the Agency
                                                  have since the initial loan was made.                    reserves the right to discontinue                     will require the owner to provide a
                                                  Eligibility also includes the continued                  processing any application due to                     CNA, completed in accordance with the


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                                                                                 Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices                                               45937

                                                  Agency’s published guidance (available                   construction standards and the                        or elderly type, year built, and rent
                                                  at http://www.rd.usda.gov/programs-                      development standards contained in 7                  charges must be provided, as well as the
                                                  services/housing-preservation-                           CFR part 1924, subparts A and C,                      existing vacancy rate of all available
                                                  revitalization-demonstration-loans-                      respectively. Once constructed or                     rental units in the community, their
                                                  grants) to underwrite the proposal to                    rehabbed, Section 515 MFH and                         waiting lists and amenities, and the
                                                  determine financial feasibility.                         Sections 514/516 FLH projects must be                 availability of RA or other subsidies.
                                                  Applicants will be informed of any                       managed in accordance with 7 CFR part                 The Agency will determine whether or
                                                  proposals that are determined to be                      3560. Tenant eligibility will be limited              not the proposal has market feasibility
                                                  incomplete, ineligible or financially                    to persons who qualify as an eligible                 based on the data provided by the
                                                  infeasible. Any proposal denied by the                   household under Agency regulations.                   applicant. Any costs associated with the
                                                  Agency will be returned to the                           Tenant eligibility requirements are                   completion of the market data is not an
                                                  applicant, and the applicant will be                     contained in 7 CFR 3560.152.                          eligible program project expense.
                                                  given appeal rights pursuant to 7 CFR                       B. The application submission and                     (c) For a property that has been sold
                                                  part 11.                                                 scoring process will be completed in                  to a non-profit entity under the Sale to
                                                     5. Financial Feasibility: The Agency                  two phases in order to avoid                          Non-Profit process defined in 3560,
                                                  will use the results of the CNA to help                  unnecessary effort and expense on the                 Subpart N, a copy of the recorded Deed.
                                                  identify the need for resources and                      part of applicants, are as follows:                      Unless an exception under this
                                                  applicant provided information                              1. Phase I—The first phase is the pre-
                                                                                                                                                                 section applies, the requirements stated
                                                  regarding anticipated or available third-                application process. Applicants must
                                                                                                                                                                 in Section III, paragraphs (2) and (3) of
                                                  party financing, in order to determine                   submit a complete pre-application by
                                                                                                                                                                 this Notice must be met.
                                                  the financial feasibility of each potential              the deadline listed under the DATES
                                                  transaction, using restructuring tools                   section of this Notice. The applicant’s                 Note: All documents must be received on
                                                  available either through existing                        submission will be classified as                      or before the pre-application closing deadline
                                                                                                           ‘‘complete’’ when the MPR pre-                        to be considered complete and timely filed.
                                                  regulatory authorities or specifically
                                                                                                                                                                 Pre-applications that do not include evidence
                                                  authorized through the MPR                               application is received in the correct                of site control for transfer proposals or
                                                  demonstration program. A project is                      format and place as described in this                 current market data for projects that do not
                                                  financially feasible when it can provide                 Notice for each existing property the                 meet the occupancy standards of Section III
                                                  affordable, decent, safe, and sanitary                   applicant wishes to be considered in the              paragraphs (2) and (3) of this Notice, will be
                                                  housing for 20 years or the remaining                    demonstration program. In the event the               considered incomplete and will be returned
                                                  term of any Agency loan, whichever                       MPR proposal involves a project                       to the applicant.
                                                  ends later, by using the authorities of                  consolidation, it will be completed in
                                                                                                                                                                    2. Phase II—The second phase of the
                                                  this program while minimizing the cost                   accordance with 7 CFR 3560.410. One
                                                                                                                                                                 application process will be completed
                                                  to the Agency, and without increasing                    pre-application for the proposed
                                                                                                                                                                 by the Agency based on Agency records
                                                  rents for eligible tenants or farm                       consolidated project is required and
                                                                                                                                                                 and the pre-application information
                                                  laborers, except when necessary to meet                  must identify each project included in
                                                                                                                                                                 submitted. All complete, eligible, and
                                                  normal and necessary operating                           the consolidation. If the MPR proposal
                                                                                                                                                                 timely-filed pre-applications will be
                                                  expenses, as determined by the Agency.                   involves a portfolio transaction (sale or
                                                                                                                                                                 scored and ranked based on points
                                                  If the transaction is determined                         stay-in owner), one pre-application for
                                                                                                           each project in the portfolio is required             received during this two-phase
                                                  financially feasible by the Agency, the
                                                                                                           and each pre-application must identify                application process. Further, the Agency
                                                  borrower will be offered a restructuring
                                                                                                           each project included in the portfolio                will categorize each MPR proposal as
                                                  proposal, subject to available funding.
                                                                                                           transaction. In order for the pre-                    being a Simple, Complex, or Portfolio
                                                  This will include a requirement that the
                                                                                                           application to be considered complete,                transaction based on the information
                                                  borrower execute, for recordation, an
                                                                                                           all applicable information requested on               submitted on the pre-application, in
                                                  Agency-approved Restrictive-Use
                                                                                                           the MPR pre-application form must be                  accordance with the category
                                                  Covenant (RUC) for a period of 20 years,
                                                  the remaining term of any loans, or the                  provided. Additional information that                 descriptions provided in Section I of
                                                  remaining term of any existing RUPs,                     must be provided with the pre-                        this Notice.
                                                  whichever ends later. The restructuring                  application to be considered complete,                   Pre-applications can be submitted
                                                  proposal will be established in the                      when applicable, includes:                            either electronically or in hard copy.
                                                  MPRCC.                                                      (a) For all transfers of ownership,                The Agency will record pre-applications
                                                     6. MPR Agreements: If the offer is                    evidence of site control must be                      received electronically by the actual
                                                  accepted by the applicant, the applicant                 provided.                                             date and time received in the MPR Web
                                                  must sign and return the MPRCC. By                          (b) Current market data (defined as no             site mail box. This date may impact
                                                  signing the offer, the applicant agrees to               more than 6 months old at time of filing)             ranking of the pre-application as
                                                  the terms of the MPRCC. Any third-                       for any project not meeting the                       discussed under section VI. For all hard
                                                  party lender will be required to                         occupancy standards cited in sections                 copy pre-applications received, the
                                                  subordinate to the Agency’s RUC unless                   III(2) and III(3) above. The market data              recorded receipt time will be the close
                                                  the Agency determines, on a case-by-                     must demonstrate there is need for the                of business time for the day received, for
                                                  case basis, that the lender’s refusal to                 project evidenced by waiting lists and a              the location to which the pre-
                                                  subordinate will not compromise the                      housing shortage confirmed by local                   applications are sent. Assistance for
                                                  purpose of the MPR demonstration                         housing agencies and realtors and                     filing electronic and hard copy pre-
                                                                                                                                                                 applications can be obtained from any
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                                                  program.                                                 accepted by the Agency. The market
                                                     7. General Requirements: The MPR                      data must show a clear need and                       Rural Development State Office. USDA
                                                  transactions may be conducted with a                     demand for the project once a                         Rural Development MFH State Office
                                                  stay-in owner (simple) or may involve a                  restructuring transaction is completed.               contacts can be found at http://
                                                  change in ownership (complex or                          The results of the survey of existing or              teamrd.usda.gov/rd/emp_services/
                                                  portfolio). Any housing or related                       proposed rental or labor housing,                     directory/states/Combined.doc
                                                  facilities that are constructed or repaired              including complex name, location,                        (Note: Telephone numbers listed in
                                                  must meet the Agency design and                          number of units, bedroom mix, family                  the Web site are not toll-free.)


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                                                  45938                          Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices

                                                     The pre-application is in Adobe                       funds cannot be from the project’s                    from the occurrence of natural causes
                                                  Acrobat format and may be completed                      reserve, operating funds, tax credit                  that could not have been prevented by
                                                  as a fillable form. The form contains a                  equity or be in the form of donated                   the exercise of foresight or caution over
                                                  button labeled ‘‘Submit by Email.’’                      services provided by the applicant.)                  the previous 24 months, or other
                                                  Clicking on the button will result in an                 Transaction costs are defined as those                unavoidable accident causing physical
                                                  email containing a completed pre-                        Agency-approved costs required to                     property damage or failure that is not
                                                  application being sent to the MPR Web                    complete the transaction under this                   reimbursable by property, casualty or
                                                  site mail box for consideration. If a                    Notice and include, but are not limited               liability insurance any other form of
                                                  purchase agreement or market data is                     to the CNA, legal and closing costs,                  third-party compensation, such as
                                                  required, these additional documents                     appraisal costs and filing/recording fees.            disaster loans and grants from other
                                                  are to be attached to the resulting email                This contribution must be deposited                   agencies. 25 points
                                                  prior to submission.                                     into the respective project reserve                      7. Age of project. For a project
                                                     Pre-applications may be downloaded                    account prior to closing the MPR                      consolidation (including portfolio
                                                  from the Agency’s Web site at http://                    transaction from the owner’s non-                     transactions) proposal, the project with
                                                  www.rd.usda.gov/programs-services/                       project resources. 20 points                          the earliest operational date (operational
                                                  housing-preservation-revitalization-                        3. Owner contribution for the hard                 date is the date the project initially
                                                  demonstration-loans-grants or obtained                   costs of construction. (These funds                   placed in service and documented in
                                                  by contacting the State Office in the                    cannot be from the project’s reserve                  MFIS) will be used in determining the
                                                  State the project is located. Hard copy                  account or project’s general operating                age of the project. Since the age of the
                                                  pre-applications and additional                          account or in the form of a loan.) Hard               project and the date the project placed
                                                  materials can be mailed to the attention                 costs of construction are defined as                  in service are generally directly related
                                                  of Dean Greenwalt or Abby Boggs,                         those costs for materials equipment,                  to physical needs, a maximum of 30
                                                  Finance and Loan Analyst, Multi-                         property or machinery required to                     points will be awarded based on the
                                                  Family Housing Preservation and Direct                   complete the proposal under this                      following criteria:
                                                  Loan Division, STOP 0782, (Room                          Notice. Hard costs must be itemized on                   (a) Projects with initial operational
                                                  1263–S), U.S. Department of                              Form RD 1924–13, ‘‘Estimate and                       dates prior to December 21, 1979—30
                                                  Agriculture, Rural Development, 1400                     Certificate of Actual Cost’’. Form RD                 points.
                                                  Independence Avenue SW.,                                 1924–13 can be found at: http://
                                                                                                                                                                    (b) Projects with initial operational
                                                  Washington, DC 20250–0782.                               forms.sc.egov.usda.gov/efcommon/
                                                                                                                                                                 dates on or after December 21, 1979, but
                                                                                                           eFileServices/eForms/RD1924-13.PDF.
                                                  V. Application Review Information                           The minimum contribution required                  before December 15, 1989—20 points.
                                                     A. Pre-application ranking points will                to receive these points is $1,000 per unit               (c) Projects with initial operational
                                                  be based on information provided                         per project, which will be required to be             dates on or after December 15, 1989, but
                                                  during the submission process, and in                    deposited in the project reserve account              before October 1, 1991—10 points.
                                                  Agency records. Only timely, complete                    or supervised/construction account, as                   (d) Projects with initial operational
                                                  pre-applications requesting debt deferral                directed by Rural Development, prior to               dates on or after October 1, 1991—0
                                                  of eligible Section 514 or Section 515                   closing. An increased RTO may be                      points;
                                                  loans plus other MPR funding tools will                  allowed for funds committed in                           8. Projects with Open Physical
                                                  be ranked. Points will be awarded as                     accordance with 7 CFR                                 Findings. An ‘‘Open Physical Finding’’
                                                  follows:                                                 3560.406(d)(14)(ii). 10 points                        is a condition at the property, identified
                                                     1. Contribution of other sources of                      4. Maturing Mortgages. Points will be              by the Agency that is not in compliance
                                                  funds. Other funds are those discussed                   awarded to properties where all existing              with the Agency standards published in
                                                  in Section I.B, ‘‘Other Sources of                       RD loans will mature (make their final                7 CFR 3560.103. Projects with Open
                                                  Funds’’ paragraph, items (a) through (f),                loan payment) on or before December                   Physical Findings classified ‘‘B’’, ‘‘C,’’
                                                  above. Points will be awarded based on                   31, 2018. 10 Points.                                  or ‘‘D’’, as defined below, will be
                                                  documented written evidence that the                        5. Persistent poverty counties. Points             awarded points in the following
                                                  funds are committed, as determined by                    will be awarded to projects located in                manner:
                                                  the Agency. ‘‘Commitment’’ means an                      persistent poverty counties. A persistent
                                                                                                                                                                 Class ‘‘D’’ Projects
                                                  actual award of funds, or another                        poverty county is a classification for
                                                  contractual agreement between a third-                   counties in the United States that have                 Class ‘‘D’’ projects are those projects
                                                  party funder and the borrower/applicant                  had a relatively high rate of poverty over            that are in default and may be taken into
                                                  entity to provide funds.] Commitments                    a long period. The USDA’s Economic                    inventory, be lost to the program, or
                                                  that include the terms such as ‘may’ or                  Research Service (ERS) (http://                       cause the displacement of tenants.
                                                  ‘intend’ will not be acceptable for                      ers.usda.gov/) is the main source of                  Defaults can be monetary or non-
                                                  scoring purposes. The maximum points                     economic information and research for                 monetary. Projects in default are those
                                                  awarded for this criterion is 25 points.                 USDA and a principal agency of the                    where the Agency has notified the
                                                  These points will be awarded in the                      U.S. Federal Statistical System located               borrower of a violation using the
                                                  following manner:                                        in Washington, DC. ERS has defined                    Agency’s servicing letter process, and
                                                     (a) Evidence of a commitment of at                    counties as being persistently poor if 20             the borrower has not addressed the
                                                  least $3,000 to $5,000 per unit per                      percent or more of their populations                  violation to the Agency’s satisfaction.
                                                  project from other sources—15 points,                    were living in poverty over the last 30
                                                                                                                                                                 Class ‘‘C’’ Projects
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                                                  or                                                       years (measured by the 1980, 1990, and
                                                     (b) Evidence of a commitment greater                  2000 decennial censuses and 2006–2010                   Class ‘‘C’’ projects are projects with
                                                  than $5,000 per unit per project from                    American Community Survey 5-year                      Open Physical or Financial findings or
                                                  other sources—25 points.                                 estimates). 10 points                                 violations, which are not associated to
                                                     2. Owner contribution. Points will be                    6. Points may be awarded to projects               an approved workout and/or transition
                                                  awarded if the owner agrees to make a                    that have been adversely impacted by an               plan. This can include projects with
                                                  contribution of at least $10,000 per                     event that, as determined by the                      violations where a servicing letter has
                                                  project to pay transaction costs. (These                 Agency, directly and exclusively results              been issued but 60 calendar days have


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                                                                                 Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices                                            45939

                                                  not passed since the issuance of the first                 3. For portfolio sales and project                     (iii) This proposal includes additional
                                                  servicing letter.                                        consolidations, the Agency will award                 attic and wall insulation that exceeds
                                                                                                           the following points:                                 the required R-Value of these building
                                                  Class ‘‘B’’ Projects                                       (a) Proposal does not involve a                     elements for your areas as per the
                                                     Class ‘‘B’’ projects indicate the                     consolidation of properties 0 points;                 International Energy Conservation Code
                                                  Agency has taken servicing steps and                       (b) Proposal involves a consolidation               2012. Two points will be awarded if all
                                                  the borrower is cooperating to resolve                   of 2–4 properties 5 points;                           exterior walls exceed insulation code,
                                                  identified findings or violations by                       (c) Proposal involves a consolidation               and 1 point will be awarded if attic
                                                  associating an approved workout plan                     of 5 or more properties 10 points.                    insulation exceeds code for a maximum
                                                  and/or transition plan.                                    4. Energy Conservation, Energy                      of 3 points.
                                                     For transfer proposals:                               Generation, and Green Property                           (iv) This proposal includes the
                                                     (a) For projects classified a ‘‘C’’ or ‘‘D’’          Management. Under the MPR Energy                      reduction in building shell air leakage
                                                  for 24 months or more. 20 points                         Initiatives, projects may receive a                   by at least 15 percent as determined by
                                                     (b) For projects classified as a ‘‘C’’ or             maximum of 42 points under three                      pre- and post-rehab blower door testing
                                                  ‘‘D’’ for less than 24 months. 15 points                 categories: Energy Conservation, Energy               on a sample of units. Building shell air
                                                     Stay-in owner proposals:                              Generation, and Green Property                        leakage may be reduced through
                                                     (a) For projects classified as a ‘‘B’’ as             Management.                                           materials such as caulk, spray foam,
                                                  a result of a workout and/or transition                  (a) Energy Conservation 30 Points                     gaskets and house-wrap. Sealing of duct
                                                  plan approved by the Agency prior to                                                                           work with mastic, foil-backed tape, or
                                                                                                              Pre-applications for rehabilitation and            aerosolized duct sealants can also help
                                                  April 1, 2015. 25 points.                                preservation of projects may be eligible
                                                     (b) Projects with an Agency ‘‘C’’                                                                           reduce air leakage. 3 points
                                                                                                           to receive a maximum of 30 points for                    (v) This proposal includes 100
                                                  classification for 24 months or longer                   the following energy conservation
                                                  with Open Findings at the time the MPR                                                                         percent of installed appliances and
                                                                                                           measures.                                             exhaust fans that are Energy Star
                                                  pre- application is filed, will not be                      (1) Participation in the Green
                                                  eligible to participate in the MPR                                                                             qualified. 2 points
                                                                                                           Communities program by the Enterprise                    (vi) This proposal includes 100
                                                  demonstration program.                                   Community Partners, http://
                                                     1. Closed Sale of Section 515 projects                                                                      percent of installed water heaters that
                                                                                                           www.enterprisecommunity.com/                          are Energy Star qualified. 2 points
                                                  to non-profit/Public Housing Authority.                  solutions-and-innovation/enterprise-
                                                  The Agency will award 20 points for                                                                               (vii) This proposal included
                                                                                                           green-communities, will be awarded 30                 replacement of 100 percent of toilets
                                                  projects that have been sold to non-                     points for any project that qualifies for
                                                  profit organizations under the                                                                                 with flush capacity of more than 1.6
                                                                                                           the program. At least 30 percent of the               gallon flush capacity with new toilets
                                                  prepayment process as explained in 7                     points needed to qualify for the Green
                                                  CFR part 3560, subpart N. To receive                                                                           having 1.6 gallon flush capacity or less,
                                                                                                           Communities program must be earned                    and with Environment Protection
                                                  points, the borrower/applicant must                      under the Energy Efficiency section of
                                                  provide a copy of the filed deed with                                                                          Agency (EPA) Water Sense label. 1 point
                                                                                                           the Green Communities program. Green                     (viii) This proposal includes 100
                                                  their pre-application. 20 points.                        Communities has an initial checklist                  percent of new showerheads with EPA
                                                     2. Prior approved Capital Needs                       indicating prerequisites for                          Water Sense label. 1 point
                                                  Assessments (CNAs). In the interest of                   participation. Each applicant must                       (ix) This proposal included 100
                                                  ensuring timely application processing                   provide a checklist establishing that the             percent of new faucets with EPA Water
                                                  and underwriting, the Agency will                        prerequisites for each program’s                      Sense label. 1 point
                                                  award up to 20 points for projects with                  participation will be met. Additional                    (x) This proposal included 100
                                                  CNAs already approved by the Agency.                     points will be awarded for checklists                 percent energy-efficient lighting
                                                  ‘‘Approved’’ means the date the CNA or                   that achieve higher levels of energy                  including, but not limited to, Energy
                                                  an updated CNA was approved by the                       efficiency certification as set forth in              Star qualified fixtures, compact
                                                  Agency. CNAs or updates before                           paragraph 2 below. All checklists must                fluorescent replacement bulbs in
                                                  October 1, 2013, may not be used for                     be accompanied by a signed affidavit by               standard incandescent fixtures and
                                                  MPR underwriting without an update                       the project architect or engineer stating             Energy Star ceiling fans. 1 point
                                                  approved by the Agency. Points will be                   that the goals are achievable.                        AND
                                                  awarded for:                                                (2) If you are not enrolling in the                   (3) Participation in local green/energy
                                                     (a) CNAs approved on or after October                 Green Communities program, then                       efficient building standards. Applicants
                                                  1, 2014, but prior to the publication of                 points can be accumulated for each of                 who participate in a city, county, or
                                                  this Notice 20 points                                    the following items up to a total of 20               municipality program will receive an
                                                     (b) CNAs approved on or after October                 points. Provide documentation to                      additional 2 points. The applicant
                                                  1, 2013, but prior to October 1, 2014, 10                substantiate your answers below:                      should be aware and look for additional
                                                  points                                                   Documentation may include a signed                    requirements that are sometimes
                                                     2. Tenant service provision. The                      statement agreeing to replace the items,              embedded in the third-party program’s
                                                  Agency will award 5 points for                           when needed, with Energy Star rated                   rating and verification systems. 2 points
                                                  applications that include new services                   items.
                                                  provided by either a for-profit or a non-                   (i) This proposal includes the                     5. Energy Generation (Maximum 5
                                                  profit organization, which may include                   replacement of heating, ventilation and               Points)
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                                                  a faith-based organization, or by another                air conditioning (HVAC) equipment                        Pre-applications which participate in
                                                  Government agency. Such services shall                   with Energy Star qualified heating,                   the Green Communities program by the
                                                  be provided at no cost to the project and                ventilation, and air conditioning                     Enterprise Community Partners, or
                                                  shall be made available to all tenants.                  equipment. 3 points                                   receive at least 20 points for Energy
                                                  Examples of such services may include                       (ii) This proposal includes the                    Conservation measures, are eligible to
                                                  transportation for the elderly, after-                   replacement of windows and doors with                 earn additional points for installation of
                                                  school day care services or after-school                 Energy Star qualified windows and                     on-site renewable energy sources.
                                                  tutoring. 5 points.                                      doors. 3 points                                       Renewable, on-site energy generation


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                                                  45940                          Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices

                                                  will complement a weather-tight, well-                   Management Association, the Institute                 VI. Award Administration Information
                                                  insulated building envelope with highly                  for Real Estate Management, or the U.S.
                                                                                                                                                                 A. Selection of Pre-Applications for
                                                  efficient mechanical systems. Possible                   Green Building Council’s Leadership in
                                                                                                                                                                 Further Processing
                                                  renewable energy generation                              Energy and Environmental Design for
                                                  technologies include, but are not limited                Operations and Maintenance (LEED                         For pre-applications submitted under
                                                  to: Wind turbines and micro-turbines,                    OM). Credentialing must be illustrated                this Notice and requesting debt deferral
                                                  micro-hydro power, photovoltaic                          in the resume(s) of the property                      only, the Agency will complete the
                                                  (capable of producing a voltage when                     management team and included with                     eligibility confirmations on an ongoing
                                                  exposed to radiant energy, especially                    the pre-application.                                  basis and authorize those applicants
                                                  light), solar hot water systems and                        The Agency will total the points                    determined eligible to proceed, subject
                                                  biomass/biofuel systems that do not use                  awarded to each pre-application and                   to the availability of appropriated funds
                                                  fossil fuels in production. Geo-exchange                 rank each pre-application according to                under the MPR program
                                                  systems are highly encouraged as they                    total score. If point totals are equal, the              For pre-applications submitted under
                                                  lessen the total demand for energy and,                  earliest time and date the pre-                       this Notice, the Agency will conduct a
                                                  if supplemented with other renewable                     application was received by the Agency                four-step process, described below, to
                                                  energy sources, can achieve zero energy                  will determine the ranking. In the event              select eligible pre-applications for
                                                  consumption more easily.                                 pre-applications are still tied, they will            submission of formal applications. This
                                                     Points under this paragraph will be                   be further ranked by giving priority to               process will allow the Agency to
                                                  awarded as follows. Projects with                        those projects with the earliest Rural                develop a representative sampling of
                                                  preliminary or rehabilitation building                   Development operational date as                       revitalization transaction types, assure
                                                  plans and energy analysis that propose                   defined under section V A 7.                          geographic distribution, and assure an
                                                  a 10 percent to 100 percent energy                                                                             adequate pipeline of transactions to use
                                                  generation commitment (where                             B. Confirmation of Eligibility                        all available funding. No State will be
                                                  generation is considered to be the total                    For pre-applications submitted under               authorized to accept more than ten (10)
                                                  amount of energy needed to be                            Round 1 of this Notice requesting debt                pre-applications for submission of
                                                  generated on-site to make the building                   deferral only of the eligible Section 515             formal applications. If an insufficient
                                                  a net-zero consumer of energy) may be                    or Section 514 loans, the Agency will                 number of pre-applications is received
                                                  awarded points corresponding to their                    conduct eligibility determinations on an              to use available funds, the Agency, at its
                                                  percent of commitment as follows:                        ongoing basis, and eligible applicants                sole discretion, may exceed the
                                                     (a) 0 to 9 percent commitment to                      will be authorized to proceed, subject to             maximum pre-application cap per State.
                                                  energy generation receives 0 points;                     the availability of appropriated funds                   All MPR funding tools are available to
                                                     (b) 10 to 20 percent commitment to                    under the MPR program.                                be used on both Sections 514/516 and
                                                  energy generation receives 1 point;                         For pre-applications submitted under               Section 515 projects.
                                                     (c) 21 to 40 percent commitment to                    Round 2 of this Notice, Eligibility will                 STEP ONE: The Agency will review
                                                  energy generation receives 2 points;                     be confirmed after ranking is completed               the eligible pre-applications, categorize
                                                     (d) 41 to 60 percent commitment to                                                                          each pre-application as either Simple,
                                                                                                           on the highest-scoring pre-applications
                                                  energy generation receives 3 points;                                                                           Complex, or Portfolio (see section I),
                                                     (e) 61 to 80 percent commitment to                    in each State. If one or more of the
                                                                                                           highest-scoring pre-applications is                   and sort by State.
                                                  energy generation receives 4 points;
                                                     (f) 81 to 100 percent or more                         determined ineligible, (i.e. the applicant               STEP TWO: Portfolio transactions will
                                                  commitment to energy generation                          is a borrower that is not in good                     be limited to 3 per State (either RRH or
                                                  receives 5 points.                                       standing with the Agency or has been                  FLH) and will count as 3 MPR
                                                     In order to receive more than 1 point                 debarred or suspended by the Agency,                  transactions. A portfolio transaction, as
                                                  for this energy generation paragraph, an                 etc.), then the next highest-scoring pre-             defined in section I, will be limited to
                                                  accurate energy analysis prepared by an                  application will be confirmed for                     a maximum of 15 projects.
                                                  engineer will need to be submitted with                  eligibility.                                             STEP THREE: The highest ranked
                                                  the pre-application. Energy analysis of                     If one or more of the highest ranking              complex transactions (RRH or FLH) will
                                                  preliminary building plans using                         pre-applications is a portfolio                       be selected for further processing, not to
                                                  industry-recognized simulation software                  transaction, eligibility determinations               exceed 2 per State.
                                                  must document the projected total                        will be conducted on each pre-                           STEP FOUR: Additional projects will
                                                  energy consumption of the building, the                  application associated with the                       be selected from the highest ranked
                                                  portion of building consumption which                    portfolio. Should any of the pre-                     eligible pre-applications involving
                                                  will be satisfied through on-site                        applications associated with the                      simple transactions in each State until
                                                  generation, and the building’s Home                      portfolio be determined ineligible, those             a total of 10 (RRH or FLH) pre-
                                                  Energy Rating System (HERS) score.                       ineligible pre-application(s) will be                 applications for MPR transactions is
                                                                                                           rejected, but the overall eligibility of the          reached.
                                                  6. Green Property Management                             portfolio will not be affected as long as                If there are insufficient funds for all
                                                  Credentials 5 Points                                     the requirements in Section I and other               projects selected under any step, the
                                                     Pre-applications may be awarded an                    provisions of this Notice are met, as                 Agency may suspend further selections.
                                                  additional 5 points if the designated                    determined by the Agency.                                This demonstration project is subject
                                                  property management company or                              If one or more of the highest-ranking              to the availability of funds. Any selected
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                                                  individuals that will assume                             pre-applications in a State is a project              eligible applications from this Notice or
                                                  maintenance and operations                               consolidation, and one of the projects                prior NOFAs will be carried over to the
                                                  responsibilities upon completion of                      involved in the consolidation does not                next fiscal year for consideration. Any
                                                  construction work have a Credential for                  meet the occupancy standards cited in                 such unfunded pre-applications not
                                                  Green Property Management.                               Section III (ii), that project(s) will be             approved by the Agency prior to
                                                  Credentialing can be obtained from the                   determined ineligible and eliminated                  December 31, 2017, will automatically
                                                  National Apartment Association (NAA),                    from the proposed consolidation                       be considered withdrawn by the
                                                  National Affordable Housing                              transaction.                                          Agency. Applicants, however, may


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                                                                                 Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices                                              45941

                                                  reapply for funding under future                         depending on the type of transaction                  All MPR participants must submit or
                                                  Notices.                                                 proposed, information requirements                    have on file a valid Form RD 400–1,
                                                                                                           will be provided as appropriate.                      ‘‘Equal Opportunity Agreement’’ and
                                                  B. Pre-Application Selection
                                                                                                           Complete project information must be                  Form RD 400–4, ‘‘Assurance
                                                     Those eligible pre-applications that                  submitted as soon as possible, but in no              Agreement.’’
                                                  are ranked and then selected for further                 case later than 45 calendar days from                    The U.S. Department of Agriculture
                                                  processing will be invited to submit a                   the date of Agency notification of the                prohibits discrimination against its
                                                  formal application on SF 424,                            applicant’s selection for further                     customers, employees, and applicants
                                                  ‘‘Application for Federal Assistance.’’                  processing. Failure to submit the                     for employment on the basis of race,
                                                  Applications (SF 424s) can be obtained                   required information in a timely manner               color, national origin, age, disability,
                                                  and completed online. An electronic                      may result in the Agency discontinuing                sex, gender identity, religion, reprisal,
                                                  version of this form may be found at:                    the processing of the request.                        and where applicable, political beliefs,
                                                  http://www.epa.gov/ogd/AppKit/                              The Agency will work with the                      marital status, familial or parental
                                                  index.htm. A hard copy may be                            applicants selected for further                       status, sexual orientation, all or part of
                                                  obtained by contacting the State Office                  processing in accordance with the                     an individual’s income is derived from
                                                  in the State where the project is located                following:                                            any public assistance program, or
                                                  and can be submitted either                                 (a) Based on the feasibility of the type           protected genetic information in
                                                  electronically or in hard copy. Refer to                 of transaction that will best suit the                employment or in any program or
                                                  Section VIII of this Notice, below, for a                project and the availability of funds,                activity conducted or funded by the
                                                  link to all Rural Development State                      further eligibility confirmation                      Department. (Not all prohibited bases
                                                  Offices.                                                 determinations will be conducted by the               will apply to all programs and/or
                                                     Those eligible pre-applications that                  Agency.                                               employment activities.)
                                                  are not selected for further processing                     (b) If an Agency-approved CNA has                     If you wish to file an employment
                                                  will be retained by the Agency unless                    not already been submitted to the                     complaint, you must contact your
                                                  they are withdrawn according to this                     Agency, an Agency-approved CNA will                   Agency’s EEO Counselor within 45 days
                                                  Notice. Applicants rejected will be                      be required (see 7 CFR 3560.103(c) and                of the date of the alleged discriminatory
                                                  notified that their pre-applications were                the Agency’s published ‘‘Guidance on                  act, event, or in the case of a personnel
                                                  not selected and advised of their appeal                 the Capital Needs Assessment Process’’                action. Additional information can be
                                                  rights under 7 CFR part 11. In the event                 available at http://www.rd.usda.gov/                  found online at: http://
                                                  a pre-application is selected for further                programs-services/housing-                            www.ascr.usda.gov/complaint_filing_
                                                  processing and the applicant declines,                   preservation-revitalization-                          file.html.
                                                  the next highest ranked pre-application                  demonstration-loans-grants and the                       If you wish to file a Civil Rights
                                                  of the same transaction type in that                     CNA Statement of Work together with                   program complaint of discrimination,
                                                  State will be selected provided there is                 any non-conflicting amendments).                      complete the USDA Program
                                                  no change in the preliminary eligibility                 Agency-approved CNAs must be                          Discrimination Complaint Form (PDF),
                                                  of the pre-applicant. If there are no other              prepared by a qualified independent                   found online at: http://
                                                  pre-applications of the same transaction                 contractor, and are obtained to                       www.ascr.usda.gov/complaint_filing_
                                                  type, then the next highest-ranked pre-                  determine needed repairs and any                      cust.html, any USDA office, or call (866)
                                                  application, regardless of transaction                   necessary adjustments to the reserve                  632–9992 to request the form. You may
                                                  type, will be selected.                                  account for long-term project viability.              also write a letter containing all of the
                                                     Awards made under this Notice are                        (c) Underwriting will be conducted by              information requested in the form. Send
                                                  subject to the provisions contained in                   the Agency. The feasibility and                       your completed complaint form or letter
                                                  the Agriculture, Consolidated and                        structure of each revitalization proposal             to us by mail at U.S. Department of
                                                  Further Continuing Appropriations Act,                   will be based on the Agency’s                         Agriculture, Director, Office of
                                                  2015, Public Law 113–235, Division E,                    underwriting and determination of the                 Adjudication, 1400 Independence
                                                  Title 1, sections 744 and 745, regarding                 MPR funding tools that will minimize                  Avenue SW., Washington, DC 20250–
                                                  corporate felony convictions and                         the cost to the Government consistent                 9410, by fax (202) 720–7442 or email at:
                                                  corporate federal tax delinquencies. In                  with the purposes of this Notice.                     program.intake@usda.gov.
                                                  accordance with those provisions, only                                                                            Individuals who are deaf, hard of
                                                  selected applicants that are or propose                  C. MPR Offers                                         hearing or have speech disabilities and
                                                  to be corporations need submit the                          Approved MPR offers will be                        you wish to file either an EEO or
                                                  following form as part of their MPR                      presented to successful applicants who                program complaint please contact
                                                  application; such applicants must                        will then have up to 15 calendar days                 USDA through the Federal Relay
                                                  submit an executed form AD–3030,                         to accept or reject the offer in writing.             Service at (800) 877–8339 or (800) 845–
                                                  which can be found online at: http://                    If no offer is made, the application will             6136 (in Spanish).
                                                  www.ocio.usda.gov/document/ad3030.                       be rejected and appeal rights will be                    Persons with disabilities, who wish to
                                                     If a pre-application is accepted for                  given. Closing of MPR offers will occur               file a program complaint, please see
                                                  further processing, the applicant must                   within six months of the obligation of                information above on how to contact us
                                                  submit additional information needed to                  MPR tools unless extended in writing by               by mail directly or by email. If you
                                                  demonstrate eligibility and feasibility                  the Agency.                                           require alternative means of
                                                  (such as a CNA), consistent with this                                                                          communication for program information
                                                                                                           VII. Non-Discrimination Statement
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                                                  Notice and 7 CFR part 3560, prior to the                                                                       (e.g., Braille, large print, audiotape, etc.)
                                                  issuance of any restructuring offer. The                   The U.S. Department of Agriculture                  please contact USDA’s TARGET Center
                                                  Agency will provide additional                           (USDA) is an equal opportunity                        at (202) 720–2600 (voice and TDD).
                                                  guidance to the applicant and request                    provider, employer, and lender. All
                                                  information and documents necessary to                   borrowers and applicants will comply                  VIII. Award Agency Contacts
                                                  complete the underwriting and review                     with the provisions of 7 CFR 3560.2. All                USDA Rural Development MFH State
                                                  process. Since the character of each                     housing must meet the accessibility                   Office contacts can be found at http://
                                                  application may vary substantially                       requirements found at 7 CFR 3560.60(d).               teamrd.usda.gov/rd/emp_services/


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                                                  45942                          Federal Register / Vol. 80, No. 148 / Monday, August 3, 2015 / Notices

                                                  directory/states/Combined.doc. (Note:                    DEPARTMENT OF COMMERCE                                affecting FirstNet, including pending or
                                                  Telephone numbers listed are not toll-                                                                         potential litigation. See 47 U.S.C.
                                                  free.)                                                   National Telecommunications and                       1424(e)(2).
                                                                                                           Information Administration
                                                     Appropriation Act funding will be                                                                              Matters to be Considered: FirstNet
                                                  posted on the Rural Development Web                      First Responder Network Authority                     will post a detailed agenda for the
                                                  site.                                                                                                          Special Meeting on its Web site, http://
                                                     All adverse determinations are                        First Responder Network Authority                     www.firstnet.gov, prior to the meeting.
                                                  appealable pursuant to 7 CFR part 11.                    Board Meeting                                         The agenda topics are subject to change.
                                                  Instructions on the appeal process will                  AGENCY:  First Responder Network                         Time and Date of Meeting: The open
                                                  be provided at the time an applicant is                  Authority (FirstNet), National                        public meeting of the full FirstNet Board
                                                  notified of the adverse action.                          Telecommunications and Information                    will be held via teleconference on
                                                    Dated: July 28, 2015.                                  Administration, Commerce.                             August 17, 2015, between 10 a.m. and
                                                                                                           ACTION: Public meeting notice.                        12 p.m. Eastern Daylight Time. The
                                                  Tony Hernandez,
                                                                                                                                                                 times and dates are subject to change.
                                                  Administrator, Rural Housing Service.                    SUMMARY:   The Board of the First                     Please refer to FirstNet’s Web site at
                                                  [FR Doc. 2015–18990 Filed 7–31–15; 8:45 am]              Responder Network Authority (FirstNet)                www.firstnet.gov for the most up-to-date
                                                  BILLING CODE 3410–XV–P                                   will hold a Special Meeting via                       information.
                                                                                                           telephone conference (teleconference)
                                                                                                           on August 17, 2015.                                      Other Information: The teleconference
                                                  ARCTIC RESEARCH COMMISSION                               DATES: The Special Meeting of the
                                                                                                                                                                 for the Special Meeting is open to the
                                                                                                           FirstNet Board will be held on August                 public. On the date and time of the
                                                  104th Commission Meeting                                 17, 2015, from 10 a.m. to 12 p.m.                     Special Meeting, members of the public
                                                                                                           Eastern Daylight Time.                                may call toll-free 1–888–997–9859 and
                                                     Notice is hereby given that the U.S.                  ADDRESSES: The Special Meeting of the                 use passcode 3572169 to listen to the
                                                  Arctic Research Commission will hold                     Board will be conducted via                           meeting. To view the slide presentation,
                                                  its 104th meeting in Anchorage and                       teleconference. Members of the public                 the public may visit https://
                                                  Nome, Alaska, on August 24–26, 2015.                     may listen to the meeting by dialing toll-            www.mymeetings.com/nc/join and enter
                                                  The business sessions, open to the                       free 1–888–997–9859 and using                         Conference number: 276507910 and
                                                  public, will convene at 9 a.m. in                        passcode 3572169. Due to the limited                  audience passcode: Board. As an
                                                  Anchorage and 8:30 a.m. in Nome.                         number of ports, attendance via                       alternative, members of the public may
                                                     The Agenda items include:                             teleconference will be on a first-come,               view the slide presentations by visiting:
                                                                                                           first-served basis.                                   http://www.mymeetings.com/nc/
                                                     (1) Call to order and approval of the
                                                                                                           FOR FURTHER INFORMATION CONTACT:                      join.php?sigKey=mymeetings&
                                                  agenda
                                                                                                           Uzoma Onyeije, Secretary, FirstNet,                   i=276507910&p=Board&t=c. If you
                                                     (2) Approval of the minutes from the                  12201 Sunrise Valley Drive, M/S 243,                  experience technical difficulty, please
                                                  103rd meeting                                            Reston, VA 20192; telephone: (703)                    contact Eli Veenendaal by telephone at
                                                     (3) Commissioners and staff reports                   648–4165; email: uzoma.onyeije@                       (703) 648–4167 or via email at
                                                                                                           firstnet.gov. Please direct media                     elijah.veenendaal@firstnet.gov. Public
                                                     (4) Discussion and presentations
                                                                                                           inquiries to Ryan Oremland at (703)                   access will be limited to listen-only.
                                                  concerning Arctic research activities
                                                                                                           648–4114.                                             Due to the limited number of ports,
                                                     The focus of the meeting will include                 SUPPLEMENTARY INFORMATION:                            attendance via teleconference will be on
                                                  reports and updates on programs and                         Background: The Middle Class Tax                   a first-come, first-served basis. The
                                                  research projects affecting Alaska and                   Relief and Job Creation Act of 2012                   Special Meeting is accessible to people
                                                  the greater Arctic.                                      (Act), Public Law 112–96, 126 Stat. 156               with disabilities. Individuals requiring
                                                     If you plan to attend this meeting,                   (2012), created FirstNet as an                        accommodations are asked to notify Mr.
                                                  please notify us via the contact                         independent authority within the                      Onyeije, by telephone at (703) 648–4165
                                                  information below. Any person                            National Telecommunications and
                                                                                                                                                                 or email at uzoma.onyeije@firstnet.gov,
                                                  planning to attend who requires special                  Information Administration (NTIA). The
                                                                                                                                                                 at least two (2) business days before the
                                                  accessibility features and/or auxiliary                  Act directs FirstNet to ensure the
                                                                                                                                                                 meeting.
                                                  aids, such as sign language interpreters,                establishment of a single nationwide,
                                                                                                           interoperable public safety broadband                    Records: FirstNet maintains records of
                                                  must inform the Commission of those                                                                            all Board proceedings. Minutes of the
                                                                                                           network. The FirstNet Board is
                                                  needs in advance of the meeting.                                                                               meetings will be available at
                                                                                                           responsible for making strategic
                                                     Contact person for further                            decisions regarding FirstNet’s                        www.firstnet.gov.
                                                  information: John Farrell, Executive                     operations. As provided in section 4.08                 Dated: July 29, 2015.
                                                  Director, U.S. Arctic Research                           of the FirstNet Bylaws, the Board
                                                                                                                                                                 Eli Veenendaal,
                                                  Commission, 703–525–0111 or TDD                          through this Notice provides at least two
                                                  703–306–0090.                                            days notice of a Special Meeting of the               Attorney Advisor, First Responder Network
                                                                                                           Board to be held August 17, 2015, from                Authority.
                                                  Kathy Farrow,                                                                                                  [FR Doc. 2015–19006 Filed 7–31–15; 8:45 am]
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                                                                           10 a.m. to 12 p.m. Eastern Daylight
                                                  Communications Specialist.                               Time. The Board may, by a majority                    BILLING CODE 3510–TL–P
                                                  [FR Doc. 2015–18897 Filed 7–31–15; 8:45 am]              vote, close a portion of the Special
                                                  BILLING CODE 7555–01–P                                   Meeting as necessary to preserve the
                                                                                                           confidentiality of commercial or
                                                                                                           financial information that is proprietary
                                                                                                           or confidential, to discuss personnel
                                                                                                           matters, or to discuss legal matters


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Document Created: 2018-02-23 10:51:48
Document Modified: 2018-02-23 10:51:48
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesFor Fiscal Year 2015, the Agency will facilitate use of the Fiscal Year 2015 Multifamily Preservation and Revitalization (MPR) funding tools by holding a competitive application round for MPR applications requesting other MPR funding tools, in addition to the available MPR deferral assistance, and by adding a continuous open application process for any transfer applications that request only the MPR loan deferral assistance. Application deadlines for these opportunities are:
ContactDean Greenwalt, [email protected], (314) 457-5933, and/or Abby Boggs [email protected], (615) 783 1382, Finance and Loan Analyst, Multi-Family Housing Preservation and Direct Loan Division, STOP 0782, (Room 1263-S) U.S. Department of Agriculture, Rural Development, 1400 Independence Avenue SW., Washington, DC 20250-0782. All hard copy pre- applications and required documents (attachments) must be submitted to
FR Citation80 FR 45933 

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