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 Range		60698-60698
FR Document		2015-25536

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.

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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.
asabaliauskas on DSK5VPTVN1PROD with NOTICES

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

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice of funding awards.
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.
FR Citation		80 FR 60698