81_FR_23432 81 FR 23356 - Enhanced-Use Lease of Department of Veterans Affairs Real Property for the Development of Affordable Housing Facility in Minneapolis, Minnesota

81 FR 23356 - Enhanced-Use Lease of Department of Veterans Affairs Real Property for the Development of Affordable Housing Facility in Minneapolis, Minnesota

DEPARTMENT OF VETERANS AFFAIRS

Federal Register Volume 81, Issue 76 (April 20, 2016)

Page Range23356-23357
FR Document2016-09153

The Secretary of Veterans Affairs intends to enter into an Enhanced-Use Lease (EUL) on approximately 3 acres of land for the purpose of developing 100 units of affordable housing for Veterans. The EUL lessee, CHDC Veterans Limited Partnership, will finance, design, develop, manage, maintain, and operate housing for eligible homeless Veterans, or Veterans at risk of homelessness, on a priority placement basis, and provide services that guide resident Veterans toward attaining long-term self-sufficiency.

Federal Register, Volume 81 Issue 76 (Wednesday, April 20, 2016)
[Federal Register Volume 81, Number 76 (Wednesday, April 20, 2016)]
[Notices]
[Pages 23356-23357]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-09153]


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DEPARTMENT OF VETERANS AFFAIRS


Enhanced-Use Lease of Department of Veterans Affairs Real 
Property for the Development of Affordable Housing Facility in 
Minneapolis, Minnesota

AGENCY: Department of Veterans Affairs.

ACTION: Notice of intent to enter into an Enhanced-Use Lease.

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

SUMMARY: The Secretary of Veterans Affairs intends to enter into an 
Enhanced-Use Lease (EUL) on approximately 3 acres of land for the 
purpose of developing 100 units of affordable housing for Veterans. The 
EUL lessee, CHDC Veterans Limited Partnership, will finance, design, 
develop, manage, maintain, and operate housing for eligible homeless 
Veterans, or Veterans at risk of homelessness, on a priority placement 
basis, and provide services that guide resident Veterans toward 
attaining long-term self-sufficiency.

FOR FURTHER INFORMATION CONTACT: Edward L. Bradley III, Office of Asset 
Enterprise Management (044), Department of Veterans Affairs, 810 
Vermont Avenue NW., Washington, DC 20420, (202) 461-7778.

SUPPLEMENTARY INFORMATION: Title 38 U.S.C. 8161 et seq. states that the 
Secretary may enter into an EUL if he determines that at least part of 
the use of the property will provide appropriate space for an activity 
contributing to VA's mission, the lease will not be inconsistent with 
and will not adversely affect VA's mission, and the lease will

[[Page 23357]]

enhance the use of the property. This project meets these requirements.

Signing Authority

    The Secretary of Veterans Affairs, or designee, approved this 
document and authorized the undersigned to sign and submit the document 
to the Office of the Federal Register for publication electronically as 
an official document of the Department of Veterans Affairs. Robert D. 
Snyder, Chief of Staff, approved this document on April 15, 2016, for 
publication.

    Approved: April 15, 2016.
Michael Shores,
Office of Regulation Policy and Management, Office of the General 
Counsel.
[FR Doc. 2016-09153 Filed 4-19-16; 8:45 am]
BILLING CODE 8320-01-P



                                             23356                        Federal Register / Vol. 81, No. 76 / Wednesday, April 20, 2016 / Notices

                                             construction fund that was created to                   I, subtitle C, section 121 of the                     continues to anticipate that it will not
                                             assist owners and operators of U.S.-flag                Community Renewal Tax Relief Act of                   issue more than $125 million in tax
                                             vessels in accumulating the large                       2000 (Pub. L. 106–554), as amended (the               credit investment authority per
                                             amount of capital necessary for the                     Act). On October 23, 2015, in the NOAA                Allocatee. However, those
                                             modernization and expansion of the                      for the CY 2015 allocation round of the               determinations will be made on a case-
                                             U.S. merchant marine. The program                       NMTC Program (the CY 2015 NOAA, 80                    by-case basis and in the sole discretion
                                             encourages construction, reconstruction,                Federal Register 64495), the                          of the CDFI Fund. The CDFI Fund
                                             or acquisition of vessels through the                   Community Development Financial                       continues to reserve the right to allocate
                                             deferment of Federal income taxes on                    Institutions Fund (the CDFI Fund)                     NMTC authority to any, all, or none of
                                             certain deposits of money or other                      announced, among other things, that the               the entities that submitted applications
                                             property placed into a CCF.                             CY 2015 NMTC allocation amount                        in response to this NOAA, and in any
                                               Respondents: U.S. citizens who own                    would be up to $5.0 billion, subject to               amount it deems appropriate.
                                             or lease one or more eligible vessels and               Congressional authorization. In the                      All other information and
                                             who have a program to provide for the                   NOAA for the CY 2015 allocation round                 requirements set forth in the CY 2015
                                             acquisition, construction or                            the CDFI Fund also reserved the right to              NOAA shall remain effective, as
                                             reconstruction of a qualified vessel.                   allocate amounts in excess of or less                 published.
                                               Number of Respondents: 143.                           than the anticipated allocation amount
                                                                                                                                                             Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26
                                               Frequency: Annually.                                  of $5 billion. Pursuant to the passage of
                                                                                                                                                           CFR 1.45D–1; Pub. L. 111–5.
                                               Total Annual Burden: 1790 Hours.                      the Protecting Americans from Tax
                                               Public Comments Invited: You are                      Hikes Act of 2015 (PATH Act), the                     Mary Ann Donovan,
                                             asked to comment on any aspect of this                  authorization for the NMTC Program                    Director, Community Development Financial
                                             information collection, including (a)                   has been extended for five calendar                   Institutions Fund.
                                             whether the proposed collection of                      years (CY 2015 through CY 2019) with                  [FR Doc. 2016–09102 Filed 4–19–16; 8:45 am]
                                             information is necessary for the                        $3.5 billion in annual NMTC allocation                BILLING CODE 4810––70–P
                                             Department’s performance; (b) the                       authority. In order to make NMTC
                                             accuracy of the estimated burden; (c)                   allocation awards in the respective
                                             ways for the Department to enhance the                  calendar years as set forth in the PATH               DEPARTMENT OF VETERANS
                                             quality, utility and clarity of the                     Act, the CDFI Fund hereby amends the                  AFFAIRS
                                             information collection; and (d) ways                    CY 2015 NOAA to combine the CY 2015
                                             that the burden could be minimized                      and the CY 2016 NMTC authorities into                 Enhanced-Use Lease of Department of
                                             without reducing the quality of the                     one allocation round (herein referred to              Veterans Affairs Real Property for the
                                             collected information. The agency will                  as the ‘‘combined CY 2015–2016                        Development of Affordable Housing
                                             summarize and/or include your                           allocation round’’). Accordingly, the                 Facility in Minneapolis, Minnesota
                                             comments in the request for OMB’s                       NMTC allocation authority announced
                                                                                                     in this revised NOAA being made                       AGENCY:Department of Veterans Affairs.
                                             clearance of this information collection.
                                                                                                     available in the combined CY 2015–                          Notice of intent to enter into an
                                                                                                                                                           ACTION:
                                               Authority: The Paperwork Reduction Act
                                             of 1995; 44 U.S.C. Chapter 35, as amended;              2016 allocation round includes both the               Enhanced-Use Lease.
                                             and 49 CFR 1:93.                                        amount authorized for CY 2015 ($3.5
                                                                                                     billion) and the amount authorized for                SUMMARY:   The Secretary of Veterans
                                               Dated: April 4, 2016.                                                                                       Affairs intends to enter into an
                                                                                                     CY 2016 ($3.5 billion), resulting in a
                                             Gabriel Chavez,                                         total NMTC allocation amount of $7.0                  Enhanced-Use Lease (EUL) on
                                             Assistant Secretary, Maritime Administration.           billion for the combined CY 2015–2016                 approximately 3 acres of land for the
                                             [FR Doc. 2016–09047 Filed 4–19–16; 8:45 am]             allocation round.                                     purpose of developing 100 units of
                                             BILLING CODE 4910–81–P                                     Combination of Allocation Authority:               affordable housing for Veterans. The
                                                                                                     The CY 2015 NOAA announced an                         EUL lessee, CHDC Veterans Limited
                                                                                                     expected total of up to $5.0 billion of               Partnership, will finance, design,
                                             DEPARTMENT OF THE TREASURY                              NMTC allocation authority available in                develop, manage, maintain, and operate
                                                                                                     the CY 2015 round, subject to                         housing for eligible homeless Veterans,
                                             Community Development Financial                         Congressional authorization. The PATH                 or Veterans at risk of homelessness, on
                                             Institutions Fund                                       Act authorized an annual allocation                   a priority placement basis, and provide
                                                                                                     authority of $3.5 billion for five years              services that guide resident Veterans
                                             Funding Opportunity Title: Amended                      (CY 2015 to CY 2019). In order to                     toward attaining long-term self-
                                             Notice of Allocation Availability                       allocate NMTC authority during the                    sufficiency.
                                             (NOAA) for the Combined Calendar                        calendar year for which it was
                                                                                                                                                           FOR FURTHER INFORMATION CONTACT:
                                             Year (CY) 2015—CY 2016 Allocation                       authorized, the CY 2015 NOAA is
                                             Round of the New Markets Tax Credit                                                                           Edward L. Bradley III, Office of Asset
                                                                                                     hereby amended to include both CY
                                             (NMTC) Program                                                                                                Enterprise Management (044),
                                                                                                     2015 ($3.5 billion) and CY $2016 ($3.5
                                                                                                     billion), with a total of $7.0 billion in             Department of Veterans Affairs, 810
                                               Announcement Type: Change to                                                                                Vermont Avenue NW., Washington, DC
                                                                                                     NMTC authority available in the
                                             NOAA for the Combined CY 2015–CY                                                                              20420, (202) 461–7778.
                                                                                                     combined CY 2015–2016 allocation
                                             2016 Allocation Round of the NMTC                                                                             SUPPLEMENTARY INFORMATION: Title 38
                                                                                                     round.
                                             Program.                                                   Allocation Amounts: The CY 2015                    U.S.C. 8161 et seq. states that the
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                                             DATES: Electronic applications must                     NOAA announced that the CDFI Fund,                    Secretary may enter into an EUL if he
                                             have been received by 5:00 p.m. ET on                   in its sole discretion, reserves the right            determines that at least part of the use
                                             December 16, 2015.                                      to award tax credit allocation authority              of the property will provide appropriate
                                             SUMMARY: This NOAA update is issued                     in amounts that are in excess of or less              space for an activity contributing to
                                             to combine calendar year (CY) 2015—                     than the anticipated maximum                          VA’s mission, the lease will not be
                                             CY 2016 tax credit allocation rounds of                 allocation should the CDFI Fund deem                  inconsistent with and will not adversely
                                             the NMTC Program, authorized by Title                   it appropriate. The CDFI Fund                         affect VA’s mission, and the lease will


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                                                                          Federal Register / Vol. 81, No. 76 / Wednesday, April 20, 2016 / Notices                                                 23357

                                             enhance the use of the property. This                   submit the document to the Office of the                Approved: April 15, 2016.
                                             project meets these requirements.                       Federal Register for publication                      Michael Shores,
                                                                                                     electronically as an official document of             Office of Regulation Policy and Management,
                                             Signing Authority
                                                                                                     the Department of Veterans Affairs.                   Office of the General Counsel.
                                               The Secretary of Veterans Affairs, or                 Robert D. Snyder, Chief of Staff,                     [FR Doc. 2016–09153 Filed 4–19–16; 8:45 am]
                                             designee, approved this document and                    approved this document on April 15,                   BILLING CODE 8320–01–P
                                             authorized the undersigned to sign and                  2016, for publication.
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Document Created: 2016-04-20 01:51:43
Document Modified: 2016-04-20 01:51:43
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 intent to enter into an Enhanced-Use Lease.
ContactEdward L. Bradley III, Office of Asset Enterprise Management (044), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, (202) 461-7778.
FR Citation81 FR 23356 

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