80 FR 61441 - Notice of Certain Operating Cost Adjustment Factors for 2016

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 80, Issue 197 (October 13, 2015)

Page Range		61441-61442
FR Document		2015-26016

This notice establishes operating cost adjustment factors (OCAFs) for project based assistance contracts for eligible multifamily housing projects having an anniversary date on or after February 11, 2016. OCAFs are annual factors used to adjust Section 8 rents in Housing Assistance Payments contracts renewed under section 515 and section 524 of the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA).

Federal Register, Volume 80 Issue 197 (Tuesday, October 13, 2015)

[Federal Register Volume 80, Number 197 (Tuesday, October 13, 2015)]
[Notices]
[Pages 61441-61442]
From the Federal Register Online [www.thefederalregister.org]
[FR Doc No: 2015-26016]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5883-N-01]

Notice of Certain Operating Cost Adjustment Factors for 2016

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.

ACTION: Notice.

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

SUMMARY: This notice establishes operating cost adjustment factors
(OCAFs) for project based assistance contracts for eligible multifamily
housing projects having an anniversary date on or after February 11,
2016. OCAFs are annual factors used to adjust Section 8 rents in
Housing Assistance Payments contracts renewed under section 515 and
section 524 of the Multifamily Assisted Housing Reform and
Affordability Act of 1997 (MAHRA).

DATES: Effective Date: February 11, 2016.

FOR FURTHER INFORMATION CONTACT: Stan Houle, Program Analyst, Office of
Asset Management and Portfolio Oversight, Office of Housing, Department
of Housing and Urban Development, 451 7th Street SW., Washington, DC
20410; telephone number 202-402-2572 (this is not a toll-free number).
Hearing- or speech-impaired individuals may access this number through
TTY by calling the toll-free Federal Relay Service at 800-877-8339.

SUPPLEMENTARY INFORMATION:

I. OCAFs

Section 514(e)(2) of MAHRA (42 U.S.C. 1437f note) requires HUD to
establish guidelines for rent adjustments based on an OCAF. The statute
requiring HUD to establish OCAFs for Low-Income Housing Preservation
and Resident Homeownership Act (LIHPRHA) (12 U.S.C. 4101, et seq.)
projects and projects with contract renewals or adjustments under
section 524(b)(1)(A) of MAHRA is similar in wording and intent. HUD has
therefore developed a single factor to be applied uniformly to all
projects utilizing OCAFs as the method by which renewal rents are
established or adjusted.
LIHPRHA projects are low-income housing projects insured by the
Federal Housing Administration (FHA). LIHPRHA projects are primarily
low-income housing projects insured under section 221(d)(3) below-
market interest rate (BMIR) and section 236 of the National Housing
Act, respectively. Both categories of projects have low-income use
restrictions that have been extended beyond the 20-year period
specified in the original documents, and both categories of projects
also receive assistance under section 8 of the U.S. Housing Act of 1937
to support the continued low-income use.
MAHRA gives HUD broad discretion in setting OCAFs, referring, for
example, in sections 524(a)(4)(C)(i), 524(b)(1)(A), 524(b)(3)(A) and
524(c)(1) simply to ``an operating cost adjustment factor established
by the Secretary.'' The sole limitation to this grant of authority is a
specific requirement in each of the foregoing provisions that
application of an OCAF ``shall not result in a negative adjustment.''
Contract rents are adjusted by applying the OCAF to that portion of the
rent attributable to operating expenses exclusive of debt service.
The OCAFs provided in this notice and applicable to eligible
projects having a project based assistance contracts anniversary date
of on or after February 11, 2016, are calculated using the same method
as those published in HUD's 2015 OCAF notice published on October 2,
2014 (79 FR 59502). Specifically, OCAFs are calculated as the sum of
weighted average cost changes for wages, employee benefits, property
taxes, insurance, supplies and equipment, fuel oil, electricity,
natural gas, and water/sewer/trash using publicly available indices.
The weights used in the OCAF calculations for each of the nine cost
component groupings are set using current percentages attributable to
each of the nine expense categories. These weights are calculated in
the same manner as in the October 2, 2014, notice. Average expense
proportions were calculated using three years of audited Annual
Financial Statements from projects covered by OCAFs. The expenditure
percentages for these nine categories have been found to be very stable
over time, but using three years of data increases their stability. The
nine cost component weights were calculated at the state level, which
is the lowest level of geographical aggregation with enough projects to
permit statistical analysis. These data were not available for the
Western Pacific Islands, so data for Hawaii were used as the best
available indicator of OCAFs for these areas.
The best current price data sources for the nine cost categories
were used in calculating annual change factors. State-level data for
fuel oil, electricity, and natural gas from Department of Energy
surveys are relatively current and continue to be used. Data on changes
in employee benefits, insurance, property taxes, and water/sewer/trash
costs are only available at the national level. The data sources for
the nine cost indicators selected used were as follows:
Labor Costs: First quarter, 2015 Bureau of Labor
Statistics (BLS) ECI, Private Industry Wages and Salaries, All Workers
(Series ID CIU2020000000000I) at the national level and Private
Industry Benefits, All Workers (Series ID CIU2030000000000I) at the
national level.
Property Taxes: Census Quarterly Summary of State and
Local Government Tax Revenue--Table 1 http://www2.census.gov/govs/qtax/2015/q1t1.xls. 12-month property taxes are computed as the total of
four quarters of tax receipts for the period from April through March.
Total 12-month taxes are then divided by the number of occupied housing
units to arrive at average 12-month tax per housing unit. The number of
occupied housing units is taken from the estimates program at the
Bureau of the Census. http://www.census.gov/housing/hvs/data/histtab8.xls.

[[Page 61442]]

Goods, Supplies, Equipment: May 2014 to May 2015 Bureau of
Labor Statistics (BLS) Consumer Price Index, All Items Less Food,
Energy and Shelter (Series ID CUUR0000SA0L12E) at the national level.
Insurance: May 2014 to May 2015 Bureau of Labor Statistic
(BLS) Consumer Price Index, Tenants and Household Insurance Index
(Series ID CUUR0000SEHD) at the national level.
Fuel Oil: October 2014-March 2015 U.S. Weekly Heating Oil
and Propane Prices report. Average weekly residential heating oil
prices in cents per gallon excluding taxes for the period from October
13, 2014 through March 30, 2015 are compared to the average from
October 7, 2013 through March 17, 2014. For the States with
insufficient fuel oil consumption to have separate estimates, the
relevant regional Petroleum Administration for Defense Districts (PADD)
change between these two periods is used; if there is no regional PADD
estimate, the U.S. change between these two periods is used. http://www.eia.gov/dnav/pet/pet_pri_wfr_a_EPD2F_prs_dpgal_w.htm.
Electricity: Energy Information Agency, February 2015
``Electric Power Monthly'' report, Table 5.6.B. http://www.eia.gov/electricity/monthly/current_year/february2015.pdf.
Natural Gas: Energy Information Agency, Natural Gas,
Residential Energy Price, 2014-2015 annual prices in dollars per 1,000
cubic feet at the state level. Due to EIA data quality standards
several states were missing data for one or two months in 2014; in
these cases, data for these missing months were estimated using data
from the surrounding months in 2014 and the relationship between that
same month and the surrounding months in 2013. http://www.eia.gov/dnav/ng/ng_pri_sum_a_EPG0_PRS_DMcf_a.htm.
Water and Sewer: May 2014 to May 2015 Consumer Price
Index, All Urban Consumers, Water and Sewer and Trash Collection
Services (Series ID CUUR0000SEHG) at the national level.
The sum of the nine cost component percentage weights equals 100
percent of operating costs for purposes of OCAF calculations. To
calculate the OCAFs, state-level cost component weights developed from
AFS data are multiplied by the selected inflation factors. For
instance, if wages in Virginia comprised 50 percent of total operating
cost expenses and increased by 4 percent from 2014 to 2015, the wage
increase component of the Virginia OCAF for 2016 would be 2.0 percent
(50% * 4%). This 2.0 percent would then be added to the increases for
the other eight expense categories to calculate the 2016 OCAF for
Virginia. The OCAFs for 2016 are included as an Appendix to this
Notice.

II. MAHRA and LIHPRHA OCAF Procedures

MAHRA, as amended, created the Mark-to-Market Program to reduce the
cost of federal housing assistance, enhance HUD's administration of
such assistance, and ensure the continued affordability of units in
certain multifamily housing projects. Section 524 of MAHRA authorizes
renewal of Section 8 project-based assistance contracts for projects
without restructuring plans under the Mark-to-Market Program, including
projects that are not eligible for a restructuring plan and those for
which the owner does not request such a plan. Renewals must be at rents
not exceeding comparable market rents except for certain projects. As
an example, for Section 8 Moderate Rehabilitation projects, other than
single room occupancy projects (SROs) under the McKinney-Vento Homeless
Assistance Act (42 U.S.C. 11301 et seq.), that are eligible for renewal
under section 524(b)(3) of MAHRA, the renewal rents are required to be
set at the lesser of: (1) The existing rents under the expiring
contract, as adjusted by the OCAF; (2) fair market rents (less any
amounts allowed for tenant-purchased utilities); or (3) comparable
market rents for the market area.
LIHPRHA (see, in particular, section 222(a)(2)(G)(i), 12 U.S.C.
4112 (a)(2)(G) and HUD's regulations at 24 CFR 248.145(a)(9)) requires
that future rent adjustments for LIHPRHA projects be made by applying
an annual factor, to be determined by HUD to the portion of project
rent attributable to operating expenses for the project and, where the
owner is a priority purchaser, to the portion of project rent
attributable to project oversight costs.

III. Findings and Certifications

Environmental Impact

This issuance sets forth rate determinations and related external
administrative requirements and procedures that do not constitute a
development decision affecting the physical condition of specific
project areas or building sites. Accordingly, under 24 CFR 50.19(c)(6),
this notice is categorically excluded from environmental review under
the National Environmental Policy Act of 1969 (42 U.S.C. 4321).

Catalog of Federal Domestic Assistance Number

The Catalog of Federal Domestic Assistance Number for this program
is 14.187.

Dated: October 5, 2015.
Genger Charles,
General Deputy Assistant Secretary for Housing.

Appendix

Operating Cost Adjustment Factors for 2016
------------------------------------------------------------------------

------------------------------------------------------------------------
Alabama...................................................... 2.6
Alaska....................................................... 1.4
Arizona...................................................... 3.0
Arkansas..................................................... 2.4
California................................................... 3.0
Colorado..................................................... 2.8
Connecticut.................................................. 2.8
Delaware..................................................... 2.3
District of Columbia......................................... 2.8
Florida...................................................... 2.9
Georgia...................................................... 2.6
Hawaii....................................................... 2.3
Idaho........................................................ 2.8
Illinois..................................................... 3.4
Indiana...................................................... 2.7
Iowa......................................................... 2.9
Kansas....................................................... 2.7
Kentucky..................................................... 2.8
Louisiana.................................................... 2.6
Maine........................................................ 2.8
Maryland..................................................... 2.7
Massachusetts................................................ 3.0
Michigan..................................................... 2.5
Minnesota.................................................... 3.0
Mississippi.................................................. 2.9
Missouri..................................................... 2.3
Montana...................................................... 2.6
Nebraska..................................................... 2.8
Nevada....................................................... 3.2
New Hampshire................................................ 3.1
New Jersey................................................... 1.9
New Mexico................................................... 3.4
New York..................................................... 2.1
North Carolina............................................... 2.5
North Dakota................................................. 2.9
Ohio......................................................... 2.8
Oklahoma..................................................... 2.7
Oregon....................................................... 2.8
Pacific Islands.............................................. 2.3
Pennsylvania................................................. 2.7
Puerto Rico.................................................. 2.7
Rhode Island................................................. 3.3
South Carolina............................................... 2.6
South Dakota................................................. 3.0
Tennessee.................................................... 2.8
Texas........................................................ 2.8
Utah......................................................... 2.9
Vermont...................................................... 1.4
Virgin Islands............................................... 2.9
Virginia..................................................... 2.6
Washington................................................... 2.5
West Virginia................................................ 2.4
Wisconsin.................................................... 3.3
Wyoming...................................................... 3.0
US Average................................................... 2.8
------------------------------------------------------------------------

[FR Doc. 2015-26016 Filed 10-9-15; 8:45 am]
BILLING CODE 4210-67-P

Federal Register / Vol. 80, No. 197 / Tuesday, October 13, 2015 / Notices 61441

ESTIMATED ANNUALIZED BURDEN HOURS
Average
Number of
Number of burden per Total annual
Form name Type of respondent responses per
respondents response burden hours
respondent (in hours)

A. Application ........................................................ Applicant Scientists ...... 45 1 60/60 45
B. Consent Information ......................................... Applicant Scientists ...... 45 1 30/60 23
C. Mentor Information and Agreement ................. Scientists ...................... 45 1 20/60 15

Dated: September 29, 2015. (LIHPRHA) (12 U.S.C. 4101, et seq.) attributable to each of the nine expense
Genevieve R. deAlmeida, projects and projects with contract categories. These weights are calculated
Project Clearance Liaison, National Institute renewals or adjustments under section in the same manner as in the October 2,
on Drug Abuse. 524(b)(1)(A) of MAHRA is similar in 2014, notice. Average expense
[FR Doc. 2015–25935 Filed 10–9–15; 8:45 am] wording and intent. HUD has therefore proportions were calculated using three
BILLING CODE 4140–01–P developed a single factor to be applied years of audited Annual Financial
uniformly to all projects utilizing Statements from projects covered by
OCAFs as the method by which renewal OCAFs. The expenditure percentages for
DEPARTMENT OF HOUSING AND rents are established or adjusted. these nine categories have been found to
URBAN DEVELOPMENT LIHPRHA projects are low-income be very stable over time, but using three
housing projects insured by the Federal years of data increases their stability.
[Docket No. FR–5883–N–01] Housing Administration (FHA). The nine cost component weights were
LIHPRHA projects are primarily low- calculated at the state level, which is the
Notice of Certain Operating Cost income housing projects insured under lowest level of geographical aggregation
Adjustment Factors for 2016 section 221(d)(3) below-market interest with enough projects to permit
AGENCY: Office of the Assistant rate (BMIR) and section 236 of the statistical analysis. These data were not
Secretary for Housing—Federal Housing National Housing Act, respectively. available for the Western Pacific Islands,
Commissioner, HUD. Both categories of projects have low- so data for Hawaii were used as the best
income use restrictions that have been available indicator of OCAFs for these
ACTION: Notice.
extended beyond the 20-year period areas.
SUMMARY: This notice establishes specified in the original documents, and The best current price data sources for
operating cost adjustment factors both categories of projects also receive the nine cost categories were used in
(OCAFs) for project based assistance assistance under section 8 of the U.S. calculating annual change factors. State-
contracts for eligible multifamily Housing Act of 1937 to support the level data for fuel oil, electricity, and
housing projects having an anniversary continued low-income use. natural gas from Department of Energy
date on or after February 11, 2016. MAHRA gives HUD broad discretion surveys are relatively current and
OCAFs are annual factors used to adjust in setting OCAFs, referring, for example, continue to be used. Data on changes in
Section 8 rents in Housing Assistance in sections 524(a)(4)(C)(i), 524(b)(1)(A), employee benefits, insurance, property
Payments contracts renewed under 524(b)(3)(A) and 524(c)(1) simply to ‘‘an taxes, and water/sewer/trash costs are
section 515 and section 524 of the operating cost adjustment factor only available at the national level. The
Multifamily Assisted Housing Reform established by the Secretary.’’ The sole data sources for the nine cost indicators
and Affordability Act of 1997 (MAHRA). limitation to this grant of authority is a selected used were as follows:
specific requirement in each of the
DATES: Effective Date: February 11,
foregoing provisions that application of • Labor Costs: First quarter, 2015
2016. Bureau of Labor Statistics (BLS) ECI,
an OCAF ‘‘shall not result in a negative
FOR FURTHER INFORMATION CONTACT: Stan adjustment.’’ Contract rents are adjusted Private Industry Wages and Salaries, All
Houle, Program Analyst, Office of Asset by applying the OCAF to that portion of Workers (Series ID CIU2020000000000I)
Management and Portfolio Oversight, the rent attributable to operating at the national level and Private
Office of Housing, Department of expenses exclusive of debt service. Industry Benefits, All Workers (Series
Housing and Urban Development, 451 The OCAFs provided in this notice ID CIU2030000000000I) at the national
7th Street SW., Washington, DC 20410; and applicable to eligible projects level.
telephone number 202–402–2572 (this having a project based assistance • Property Taxes: Census Quarterly
is not a toll-free number). Hearing- or contracts anniversary date of on or after Summary of State and Local
speech-impaired individuals may access February 11, 2016, are calculated using Government Tax Revenue—Table 1
this number through TTY by calling the the same method as those published in http://www2.census.gov/govs/qtax/
toll-free Federal Relay Service at 800– HUD’s 2015 OCAF notice published on 2015/q1t1.xls. 12-month property taxes
877–8339. October 2, 2014 (79 FR 59502). are computed as the total of four
SUPPLEMENTARY INFORMATION: Specifically, OCAFs are calculated as quarters of tax receipts for the period
the sum of weighted average cost from April through March. Total 12-
I. OCAFs
mstockstill on DSK4VPTVN1PROD with NOTICES

changes for wages, employee benefits, month taxes are then divided by the
Section 514(e)(2) of MAHRA (42 property taxes, insurance, supplies and number of occupied housing units to
U.S.C. 1437f note) requires HUD to equipment, fuel oil, electricity, natural arrive at average 12-month tax per
establish guidelines for rent adjustments gas, and water/sewer/trash using housing unit. The number of occupied
based on an OCAF. The statute publicly available indices. The weights housing units is taken from the
requiring HUD to establish OCAFs for used in the OCAF calculations for each estimates program at the Bureau of the
Low-Income Housing Preservation and of the nine cost component groupings Census. http://www.census.gov/housing
Resident Homeownership Act are set using current percentages /hvs/data/histtab8.xls.

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61442 Federal Register / Vol. 80, No. 197 / Tuesday, October 13, 2015 / Notices

• Goods, Supplies, Equipment: May OCAF for Virginia. The OCAFs for 2016 Catalog of Federal Domestic Assistance
2014 to May 2015 Bureau of Labor are included as an Appendix to this Number
Statistics (BLS) Consumer Price Index, Notice.
All Items Less Food, Energy and Shelter The Catalog of Federal Domestic
(Series ID CUUR0000SA0L12E) at the II. MAHRA and LIHPRHA OCAF Assistance Number for this program is
national level. Procedures 14.187.
• Insurance: May 2014 to May 2015 Dated: October 5, 2015.
Bureau of Labor Statistic (BLS) MAHRA, as amended, created the
Mark-to-Market Program to reduce the Genger Charles,
Consumer Price Index, Tenants and General Deputy Assistant Secretary for
Household Insurance Index (Series ID cost of federal housing assistance,
Housing.
CUUR0000SEHD) at the national level. enhance HUD’s administration of such
• Fuel Oil: October 2014–March 2015 assistance, and ensure the continued Appendix
U.S. Weekly Heating Oil and Propane affordability of units in certain
Prices report. Average weekly multifamily housing projects. Section OPERATING COST ADJUSTMENT
residential heating oil prices in cents 524 of MAHRA authorizes renewal of FACTORS FOR 2016
per gallon excluding taxes for the period Section 8 project-based assistance
from October 13, 2014 through March contracts for projects without Alabama ........................................ 2.6
30, 2015 are compared to the average restructuring plans under the Mark-to- Alaska ........................................... 1.4
from October 7, 2013 through March 17, Market Program, including projects that Arizona .......................................... 3.0
2014. For the States with insufficient Arkansas ....................................... 2.4
are not eligible for a restructuring plan California ....................................... 3.0
fuel oil consumption to have separate and those for which the owner does not Colorado ....................................... 2.8
estimates, the relevant regional request such a plan. Renewals must be Connecticut ................................... 2.8
Petroleum Administration for Defense at rents not exceeding comparable Delaware ....................................... 2.3
Districts (PADD) change between these market rents except for certain projects. District of Columbia ...................... 2.8
two periods is used; if there is no Florida ........................................... 2.9
As an example, for Section 8 Moderate
regional PADD estimate, the U.S. change Georgia ......................................... 2.6
Rehabilitation projects, other than single
between these two periods is used. Hawaii ........................................... 2.3
http://www.eia.gov/dnav/pet/pet_pri_ room occupancy projects (SROs) under Idaho ............................................. 2.8
wfr_a_EPD2F_prs_dpgal_w.htm. the McKinney-Vento Homeless Illinois ............................................ 3.4
• Electricity: Energy Information Assistance Act (42 U.S.C. 11301 et seq.), Indiana .......................................... 2.7
Agency, February 2015 ‘‘Electric Power that are eligible for renewal under Iowa .............................................. 2.9
Monthly’’ report, Table 5.6.B. http:// section 524(b)(3) of MAHRA, the Kansas .......................................... 2.7
renewal rents are required to be set at Kentucky ....................................... 2.8
www.eia.gov/electricity/monthly/ Louisiana ...................................... 2.6
current_year/february2015.pdf. the lesser of: (1) The existing rents Maine ............................................ 2.8
• Natural Gas: Energy Information under the expiring contract, as adjusted Maryland ....................................... 2.7
Agency, Natural Gas, Residential Energy by the OCAF; (2) fair market rents (less Massachusetts .............................. 3.0
Price, 2014–2015 annual prices in any amounts allowed for tenant- Michigan ....................................... 2.5
dollars per 1,000 cubic feet at the state purchased utilities); or (3) comparable Minnesota ..................................... 3.0
level. Due to EIA data quality standards market rents for the market area. Mississippi .................................... 2.9
several states were missing data for one Missouri ........................................ 2.3
or two months in 2014; in these cases, LIHPRHA (see, in particular, section Montana ........................................ 2.6
data for these missing months were 222(a)(2)(G)(i), 12 U.S.C. 4112 (a)(2)(G) Nebraska ...................................... 2.8
and HUD’s regulations at 24 CFR Nevada ......................................... 3.2
estimated using data from the New Hampshire ............................ 3.1
surrounding months in 2014 and the 248.145(a)(9)) requires that future rent
New Jersey ................................... 1.9
relationship between that same month adjustments for LIHPRHA projects be
New Mexico .................................. 3.4
and the surrounding months in 2013. made by applying an annual factor, to New York ...................................... 2.1
http://www.eia.gov/dnav/ng/ng_pri_ be determined by HUD to the portion of North Carolina .............................. 2.5
sum_a_EPG0_PRS_DMcf_a.htm. project rent attributable to operating North Dakota ................................ 2.9
• Water and Sewer: May 2014 to May expenses for the project and, where the Ohio .............................................. 2.8
2015 Consumer Price Index, All Urban owner is a priority purchaser, to the Oklahoma ..................................... 2.7
Consumers, Water and Sewer and Trash portion of project rent attributable to Oregon .......................................... 2.8
Collection Services (Series ID Pacific Islands ............................... 2.3
project oversight costs. Pennsylvania ................................ 2.7
CUUR0000SEHG) at the national level. Puerto Rico ................................... 2.7
The sum of the nine cost component III. Findings and Certifications
Rhode Island ................................ 3.3
percentage weights equals 100 percent Environmental Impact South Carolina .............................. 2.6
of operating costs for purposes of OCAF South Dakota ................................ 3.0
calculations. To calculate the OCAFs, This issuance sets forth rate Tennessee .................................... 2.8
state-level cost component weights determinations and related external Texas ............................................ 2.8
developed from AFS data are multiplied administrative requirements and Utah .............................................. 2.9
by the selected inflation factors. For procedures that do not constitute a Vermont ........................................ 1.4
instance, if wages in Virginia comprised Virgin Islands ................................ 2.9
development decision affecting the Virginia .......................................... 2.6
mstockstill on DSK4VPTVN1PROD with NOTICES

50 percent of total operating cost physical condition of specific project Washington ................................... 2.5
expenses and increased by 4 percent areas or building sites. Accordingly, West Virginia ................................ 2.4
from 2014 to 2015, the wage increase under 24 CFR 50.19(c)(6), this notice is Wisconsin ..................................... 3.3
component of the Virginia OCAF for categorically excluded from Wyoming ....................................... 3.0
2016 would be 2.0 percent (50% * 4%). environmental review under the US Average .................................. 2.8
This 2.0 percent would then be added
National Environmental Policy Act of
to the increases for the other eight [FR Doc. 2015–26016 Filed 10–9–15; 8:45 am]
1969 (42 U.S.C. 4321).
expense categories to calculate the 2016 BILLING CODE 4210–67–P

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Document Created: 2018-02-27 08:47:55
Document Modified: 2018-02-27 08:47:55

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		Effective Date: February 11, 2016.
Contact		Stan Houle, Program Analyst, Office of Asset Management and Portfolio Oversight, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410; telephone number 202-402-2572 (this is not a toll-free number). Hearing- or speech-impaired individuals may access this number through TTY by calling the toll-free Federal Relay Service at 800-877-8339.
FR Citation		80 FR 61441