80_FR_60892 80 FR 60698 - Announcement of Funding Awards for the Delta Community Capital Initiative Fiscal Year 2014

80 FR 60698 - Announcement of Funding Awards for the Delta Community Capital Initiative Fiscal Year 2014

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 80, Issue 194 (October 7, 2015)

Page Range60698-60698
FR Document2015-25536

In accordance with section 102(a)(4)(C) of the Department of Housing and Urban Development Reform Act of 1989, this announcement notifies the public of funding decisions made by the Department in a competition for funding under the Notice of Funding Availability (NOFA) for the Delta Community Capital Initiative. This announcement contains the names of the awardees and the amounts of the awards made available by HUD.

Federal Register, Volume 80 Issue 194 (Wednesday, October 7, 2015)
[Federal Register Volume 80, Number 194 (Wednesday, October 7, 2015)]
[Notices]
[Page 60698]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-25536]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5800-FA-18]


Announcement of Funding Awards for the Delta Community Capital 
Initiative Fiscal Year 2014

AGENCY: Office of the Assistant Secretary for Community Planning and 
Development, HUD.

ACTION: Notice of funding awards.

-----------------------------------------------------------------------

SUMMARY: In accordance with section 102(a)(4)(C) of the Department of 
Housing and Urban Development Reform Act of 1989, this announcement 
notifies the public of funding decisions made by the Department in a 
competition for funding under the Notice of Funding Availability (NOFA) 
for the Delta Community Capital Initiative. This announcement contains 
the names of the awardees and the amounts of the awards made available 
by HUD.

FOR FURTHER INFORMATION CONTACT: Jackie L. Williams, Ph.D., Director, 
Office of Rural Housing and Economic Development, Office of Community 
Planning and Development, 451 Seventh Street SW., Room 7240, 
Washington, DC 20410-7000; telephone (202) 708-2290 (this is not a toll 
free number). Hearing- and speech-impaired persons may access this 
number via TTY by calling the Federal Relay Service toll-free at 1-800-
877-8339.

SUPPLEMENTARY INFORMATION: Funds used for the Delta Community Capital 
Initiative were appropriated to the Office of Rural Housing and 
Economic Development in annual appropriations between 1999 and 2009 
(Pub. L. 105-276; 106-74; 106-377; 107-73; 108-7; 108-199; 108-447; 
109-115; 110-5; 110-161; and/or 111-8) and subsequently recaptured from 
or surrendered by underperforming or nonperforming grantees.
    The competition was announced in the Federal Register (FR Doc. No 
FR-5800-N-18) on Thursday, September 4, 2014. Applications were rated 
and selected for funding on the basis of selection criteria contained 
in that notice.
    The Catalog of Federal Domestic Assistance number for this Delta 
Community Capital Initiative program is 14.271. The Delta Community 
Capital Community Initiative is designed to increase access to capital 
for business lending and economic development in the chronically 
underserved and undercapitalized Lower Mississippi Delta Region. 
Specifically, it will provide direct investment and technical 
assistance to community development lending and investing institutions 
that focus on business lending and economic development to benefit the 
residents of the Lower Mississippi Region. Eligible applicants for the 
Delta Community Capital Initiative are Federally recognized Indian 
tribes and local rural nonprofit organizations having a 501(c)(3) 
status with the IRS. The funds made available under this program were 
awarded competitively through a selection process conducted by HUD.
    In accordance with section 102(a)(4)(C) of the Department of 
Housing and Urban Development Reform Act of 1989 (103 Stat. 1987. 42 
U.S.C. 3545), the Department is publishing the grantees and amounts of 
the awards in Appendix A to this document.

    Dated: October 1, 2015.
Harriet Tregoning,
Principal Deputy Assistant, Secretary for Community Planning and 
Development.

APPENDIX A

           FY 2014 Delta Community Capital Initiative Grantees
------------------------------------------------------------------------
                                                              Amount
               Grantee                       State            awarded
------------------------------------------------------------------------
Communities Unlimited, Inc...........  AR...............     $228,040.00
Southern Bancorp Capital Partners....  AR...............      250,000.00
LiftFund, Inc........................  TX...............    1,000,000.00
                                                         ---------------
  Total..............................  .................    1,478,040.00
------------------------------------------------------------------------

[FR Doc. 2015-25536 Filed 10-6-15; 8:45 am]
 BILLING CODE 4210-67-P



                                                    60698                      Federal Register / Vol. 80, No. 194 / Wednesday, October 7, 2015 / Notices

                                                      Dated: October 1, 2015.                               Community Capital Initiative program is               Housing and Urban Development
                                                    Laura Dawkins,                                          14.271. The Delta Community Capital                   Reform Act of 1989, this announcement
                                                    Chief, Regulatory Coordination Division,                Community Initiative is designed to                   notifies the public of funding decisions
                                                    Office of Policy and Strategy, U.S. Citizenship         increase access to capital for business               made by the Department in a
                                                    and Immigration Services, Department of                 lending and economic development in                   competition for funding under the
                                                    Homeland Security.                                      the chronically underserved and                       Notice of Funding Availability (NOFA)
                                                    [FR Doc. 2015–25594 Filed 10–6–15; 8:45 am]             undercapitalized Lower Mississippi                    for the Appalachia Economic
                                                    BILLING CODE 9111–97–P                                  Delta Region. Specifically, it will                   Development Capital Initiative. This
                                                                                                            provide direct investment and technical               announcement contains the names of
                                                                                                            assistance to community development                   the awardees and the amounts of the
                                                    DEPARTMENT OF HOUSING AND                               lending and investing institutions that               awards made available by HUD.
                                                    URBAN DEVELOPMENT                                       focus on business lending and economic                FOR FURTHER INFORMATION CONTACT:
                                                    [Docket No. FR–5800–FA–18]
                                                                                                            development to benefit the residents of               Jackie L. Williams, Ph.D., Director,
                                                                                                            the Lower Mississippi Region. Eligible                Office of Rural Housing and Economic
                                                    Announcement of Funding Awards for                      applicants for the Delta Community                    Development, Office of Community
                                                    the Delta Community Capital Initiative                  Capital Initiative are Federally                      Planning and Development, 451
                                                    Fiscal Year 2014                                        recognized Indian tribes and local rural              Seventh Street SW., Room 7240,
                                                                                                            nonprofit organizations having a                      Washington, DC 20410–7000; telephone
                                                    AGENCY:  Office of the Assistant                        501(c)(3) status with the IRS. The funds              (202) 708–2290 (this is not a toll free
                                                    Secretary for Community Planning and                    made available under this program were                number). Hearing- and speech-impaired
                                                    Development, HUD.                                       awarded competitively through a                       persons may access this number via
                                                    ACTION: Notice of funding awards.                       selection process conducted by HUD.                   TTY by calling the Federal Relay
                                                    SUMMARY:    In accordance with section                    In accordance with section                          Service toll-free at 1–800–877–8339.
                                                    102(a)(4)(C) of the Department of                       102(a)(4)(C) of the Department of                     SUPPLEMENTARY INFORMATION: Funds
                                                    Housing and Urban Development                           Housing and Urban Development                         used for the Appalachia Economic
                                                    Reform Act of 1989, this announcement                   Reform Act of 1989 (103 Stat. 1987. 42                Development Initiative were
                                                    notifies the public of funding decisions                U.S.C. 3545), the Department is                       appropriated to the Office of Rural
                                                    made by the Department in a                             publishing the grantees and amounts of                Housing and Economic Development in
                                                    competition for funding under the                       the awards in Appendix A to this                      annual appropriations between 1999
                                                    Notice of Funding Availability (NOFA)                   document.                                             and 2009 (Public Laws 105–276; 106–
                                                    for the Delta Community Capital                            Dated: October 1, 2015.                            74; 106–377; 107–73; 108–7; 108–199;
                                                    Initiative. This announcement contains                  Harriet Tregoning,                                    108–447; 109–115; 110–5; 110–161;
                                                    the names of the awardees and the                       Principal Deputy Assistant, Secretary for             and/or 111–8) and subsequently
                                                    amounts of the awards made available                    Community Planning and Development.                   recaptured from or surrendered by
                                                    by HUD.                                                                                                       underperforming or nonperforming
                                                                                                            APPENDIX A                                            grantees.
                                                    FOR FURTHER INFORMATION CONTACT:
                                                    Jackie L. Williams, Ph.D., Director,                                                                            The competition was announced in
                                                                                                             FY 2014 DELTA COMMUNITY CAPITAL the Federal Register (FR Doc. No. FR–
                                                    Office of Rural Housing and Economic
                                                    Development, Office of Community                                      INITIATIVE GRANTEES                     5800–N–19) on Thursday, September 4,
                                                    Planning and Development, 451                                                                                 2014. Applications were rated and
                                                                                                                                                       Amount
                                                    Seventh Street SW., Room 7240,                                 Grantee                State       awarded     selected for funding on the basis of
                                                    Washington, DC 20410–7000; telephone                                                                          selection criteria contained in that
                                                    (202) 708–2290 (this is not a toll free                 Communities Unlim- AR ....                $228,040.00 notice.
                                                    number). Hearing- and speech-impaired                      ited, Inc.                                           The Catalog of Federal Domestic
                                                    persons may access this number via                      Southern Bancorp             AR ....       250,000.00 Assistance number for this Appalachia
                                                    TTY by calling the Federal Relay                           Capital Partners.                                  Economic Development Initiative
                                                    Service toll-free at 1–800–877–8339.                    LiftFund, Inc ........... TX .....       1,000,000.00 program is 14.270. The Appalachia
                                                    SUPPLEMENTARY INFORMATION: Funds                                                                              Economic Development Community
                                                                                                               Total ................... ........... 1,478,040.00
                                                    used for the Delta Community Capital                                                                          Initiative is designed to increase access
                                                    Initiative were appropriated to the                     [FR Doc. 2015–25536 Filed 10–6–15; 8:45 am]           to capital for business lending and
                                                    Office of Rural Housing and Economic                    BILLING CODE 4210–67–P
                                                                                                                                                                  economic development in the
                                                    Development in annual appropriations                                                                          chronically underserved and
                                                    between 1999 and 2009 (Pub. L. 105–                                                                           undercapitalized Appalachian region.
                                                    276; 106–74; 106–377; 107–73; 108–7;                    DEPARTMENT OF HOUSING AND                             Eligible applicants for the Appalachia
                                                    108–199; 108–447; 109–115; 110–5;                       URBAN DEVELOPMENT                                     Economic Development Initiative are
                                                    110–161; and/or 111–8) and                                                                                    State community and/or economic
                                                                                                            [Docket No. FR–5800–FA–19]                            development agencies. The funds made
                                                    subsequently recaptured from or
                                                    surrendered by underperforming or                       Announcement of Funding Awards for available under this program were
                                                    nonperforming grantees.                                 the Appalachia Economic                               awarded competitively through a
                                                      The competition was announced in                      Development Initiative Fiscal Year 2014 selection process conducted by HUD.
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                                                    the Federal Register (FR Doc. No FR–                                                                            In accordance with section
                                                    5800–N–18) on Thursday, September 4,                    AGENCY: Office of the Assistant                       102(a)(4)(C) of the Department of
                                                    2014. Applications were rated and                       Secretary for Community Planning and                  Housing and Urban Development
                                                    selected for funding on the basis of                    Development, HUD.                                     Reform Act of 1989 (103 Stat. 1987. 42
                                                    selection criteria contained in that                    ACTION: Notice of Funding Awards.                     U.S.C. 3545), the Department is
                                                    notice.                                                                                                       publishing the grantees and amounts of
                                                      The Catalog of Federal Domestic                       SUMMARY: In accordance with section                   the awards in Appendix A to this
                                                    Assistance number for this Delta                        102(a)(4)(C) of the Department of                     document.


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Document Created: 2015-12-15 08:49:51
Document Modified: 2015-12-15 08:49:51
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 of funding awards.
ContactJackie L. Williams, Ph.D., Director, Office of Rural Housing and Economic Development, Office of Community Planning and Development, 451 Seventh Street SW., Room 7240, Washington, DC 20410-7000; telephone (202) 708-2290 (this is not a toll free number). Hearing- and speech-impaired persons may access this number via TTY by calling the Federal Relay Service toll-free at 1-800- 877-8339.
FR Citation80 FR 60698 

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