82 FR 17851 - Housing Trust Fund Federal Register Allocation Notice

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 82, Issue 70 (April 13, 2017)

Page Range		17851-17852
FR Document		2017-07487

The Housing and Economic Recovery Act of 2008 (HERA) established the Housing Trust Fund (HTF) to be administered by HUD. Pursuant to the Federal Housing Enterprises Financial Security and Soundness Act of 1992 (the Act), as amended by HERA, Division A, eligible HTF grantees are the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, American Samoa, Guam, the Commonwealth of Northern Mariana Islands, and the United States Virgin Islands.

Federal Register, Volume 82 Issue 70 (Thursday, April 13, 2017)

[Federal Register Volume 82, Number 70 (Thursday, April 13, 2017)]
[Notices]
[Pages 17851-17852]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-07487]



[[Page 17851]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6019-N-01]


Housing Trust Fund Federal Register Allocation Notice

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

ACTION: Notice of corrected fiscal year 2016 funding allocations.

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

SUMMARY: The Housing and Economic Recovery Act of 2008 (HERA) 
established the Housing Trust Fund (HTF) to be administered by HUD. 
Pursuant to the Federal Housing Enterprises Financial Security and 
Soundness Act of 1992 (the Act), as amended by HERA, Division A, 
eligible HTF grantees are the 50 states, the District of Columbia, the 
Commonwealth of Puerto Rico, American Samoa, Guam, the Commonwealth of 
Northern Mariana Islands, and the United States Virgin Islands.

FOR FURTHER INFORMATION CONTACT: Virginia Sardone, Director, Office of 
Affordable Housing Programs, Room 7164, Department of Housing and Urban 
Development, 451 Seventh Street SW., Washington, DC 20410-7000; 
telephone (202) 708-2684. (This is not a toll-free number.) A 
telecommunications device for hearing- and speech-impaired persons 
(TTY) is available at 800-877-8339 (Federal Information Relay Service).

SUPPLEMENTARY INFORMATION: Section 1131 of HERA Division A amended the 
Act to add a new section 1337 entitled ``Affordable Housing 
Allocations'' and a new section 1338 entitled ``Housing Trust Fund.'' 
HUD's implementing regulations are codified at 24 CFR part 93. In 
accordance with Section 1338(c)(4)(A) of the Act, this notice announces 
the formula allocation amount for each eligible HTF grantee.
    Congress authorized the HTF with the stated purpose of: (1) 
Increasing and preserving the supply of rental housing for extremely 
low-income families with incomes between 0 and 30 percent of area 
median income and very low-income families with incomes between 30 and 
50 percent of area median income, including homeless families, and (2) 
increasing homeownership for extremely low-income and very low-income 
families.
    Section 1337 of the Act provides for the HTF (and other programs) 
to be funded with an affordable housing set aside by Fannie Mae and 
Freddie Mac. The total set-aside amount is equal to 4.2 basis points 
(.042 percent) of Fannie Mae and Freddie Mac's new mortgage purchases, 
a portion of which is for the HTF.
    Section 1338 of the Act directs HUD to establish, through 
regulation, the formula for distribution of amounts made available for 
the HTF. The statute specifies the factors to be used for the formula 
and priority for certain factors. The factors and methodology HUD uses 
to allocate HTF funds among eligible grantees are established in the 
HTF regulation. HTF formula allocations for Fiscal Year 2016 totaling 
$173,591,160 were announced in the Federal Register on May 5, 2016 (81 
FR 27165). After announcing these formula allocations, HUD discovered 
an error in its calculations for American Samoa, Guam, the Commonwealth 
of Northern Mariana Islands, and the United States Virgin Islands. HUD 
allocates HTF resources for these four Insular Areas on a pro rata 
demographic basis because comparable housing needs data do not exist 
for such jurisdictions. In determining the Fiscal Year 2016 HTF 
allocations, HUD inadvertently used renter populations data rather than 
renter households data, so that the pro rata allocation for each 
Insular Area was based on the ratio of between its renter population 
and the national total of renter households. This error inflated the 
allocations for Insular Areas in the aggregate amount of $120,913. The 
over-allocation to Insular Areas occurred at the expense of certain 
states for which allocations were reduced to ensure that other states 
reached the $3,000,000 minimum. HUD is required to correct the error 
for the Fiscal Year 2016 HTF grants. Accordingly, the HTF allocations 
for the Insular Areas are reduced as follows: America Samoa, -$9,567; 
Guam -$55,330; Northern Marianas, -$23,470; and Virgin Islands, -
$32,546. In addition, the formula allocations for 15 states and the 
Commonwealth of Puerto Rico increased slightly. Appendix A to this 
notice provides the names and the corrected amounts of the Fiscal Year 
2016 HTF awards.

    Dated: April 10, 2017.
Clifford Taffet,
General Deputy Assistant Secretary for Community Planning and 
Development.

                            Appendix A: FY 2016 Housing Trust Fund Allocation Amounts
----------------------------------------------------------------------------------------------------------------
                                   Original FY 2016    Corrected FY 2016                      Percent difference
              Name                formula allocation  formula allocation      Difference              (%)
----------------------------------------------------------------------------------------------------------------
Alabama.........................       $3,000,000.00       $3,000,000.00               $0.00                0.00
Alaska..........................        3,000,000.00        3,000,000.00                0.00                0.00
Arizona.........................        3,000,000.00        3,000,000.00                0.00                0.00
Arkansas........................        3,000,000.00        3,000,000.00                0.00                0.00
California......................       10,128,144.00       10,156,439.59           28,295.59                0.28
Colorado........................        3,000,000.00        3,000,000.00                0.00                0.00
Connecticut.....................        3,000,000.00        3,000,000.00                0.00                0.00
Delaware........................        3,000,000.00        3,000,000.00                0.00                0.00
District of Columbia............        3,000,000.00        3,000,000.00                0.00                0.00
Florida.........................        4,598,821.00        4,607,302.00            8,481.00                0.18
Georgia.........................        3,314,612.00        3,318,674.00            4,062.00                0.12
Hawaii..........................        3,000,000.00        3,000,000.00                0.00                0.00
Idaho...........................        3,000,000.00        3,000,000.00                0.00                0.00
Illinois........................        4,302,012.00        4,310,055.00            8,043.00                0.19
Indiana.........................        3,000,000.00        3,000,000.00                0.00                0.00
Iowa............................        3,000,000.00        3,000,000.00                0.00                0.00
Kansas..........................        3,000,000.00        3,000,000.00                0.00                0.00
Kentucky........................        3,000,000.00        3,000,000.00                0.00                0.00
Louisiana.......................        3,000,000.00        3,000,000.00                0.00                0.00
Maine...........................        3,000,000.00        3,000,000.00                0.00                0.00
Maryland........................        3,000,000.00        3,000,000.00                0.00                0.00
Massachusetts...................        3,419,569.00        3,423,773.00            4,204.00                0.12

[[Page 17852]]

 
Michigan........................        3,522,622.00        3,527,747.00            5,125.00                0.15
Minnesota.......................        3,000,000.00        3,000,000.00                0.00                0.00
Mississippi.....................        3,000,000.00        3,000,000.00                0.00                0.00
Missouri........................        3,000,000.00        3,000,000.00                0.00                0.00
Montana.........................        3,000,000.00        3,000,000.00                0.00                0.00
Nebraska........................        3,000,000.00        3,000,000.00                0.00                0.00
Nevada..........................        3,000,000.00        3,000,000.00                0.00                0.00
New Hampshire...................        3,000,000.00        3,000,000.00                0.00                0.00
New Jersey......................        3,733,566.00        3,738,267.00            4,701.00                0.13
New Mexico......................        3,000,000.00        3,000,000.00                0.00                0.00
New York........................        7,013,963.00        7,033,924.00           19,961.00                0.28
North Carolina..................        3,280,235.00        3,284,215.00            3,980.00                0.12
North Dakota....................        3,000,000.00        3,000,000.00                0.00                0.00
Ohio............................        3,740,578.00        3,747,502.00            6,924.00                0.19
Oklahoma........................        3,000,000.00        3,000,000.00                0.00                0.00
Oregon..........................        3,000,000.00        3,000,000.00                0.00                0.00
Pennsylvania....................        3,862,285.00        3,868,768.00            6,483.00                0.17
Rhode Island....................        3,000,000.00        3,000,000.00                0.00                0.00
South Carolina..................        3,000,000.00        3,000,000.00                0.00                0.00
South Dakota....................        3,000,000.00        3,000,000.00                0.00                0.00
Tennessee.......................        3,000,000.00        3,000,000.00                0.00                0.00
Texas...........................        4,778,364.00        4,789,476.00           11,112.00                0.23
Utah............................        3,000,000.00        3,000,000.00                0.00                0.00
Vermont.........................        3,000,000.00        3,000,000.00                0.00                0.00
Virginia........................        3,139,830.00        3,142,439.00            2,609.00                0.08
Washington......................        3,243,721.00        3,246,662.00            2,941.00                0.09
West Virginia...................        3,000,000.00        3,000,000.00                0.00                0.00
Wisconsin.......................        3,004,558.00        3,007,084.00            2,526.00                0.08
Wyoming.........................        3,000,000.00        3,000,000.00                0.00                0.00
Puerto Rico.....................          326,054.00          327,519.00            1,465.00                0.45
America Samoa...................           12,321.00            2,754.00           -9,567.00              -77.65
Guam............................           77,609.00           22,279.00          -55,330.00              -71.29
Northern Marianas...............           35,735.00           12,265.00          -23,470.00              -65.68
Virgin Islands..................           56,562.00           24,016.00          -32,546.00              -57.54
----------------------------------------------------------------------------------------------------------------

[FR Doc. 2017-07487 Filed 4-12-17; 8:45 am]
 BILLING CODE 4210-67-P

Federal Register / Vol. 82, No. 70 / Thursday, April 13, 2017 / Notices 17851

DEPARTMENT OF HOUSING AND Act to add a new section 1337 entitled announcing these formula allocations,
URBAN DEVELOPMENT ‘‘Affordable Housing Allocations’’ and a HUD discovered an error in its
new section 1338 entitled ‘‘Housing calculations for American Samoa,
[Docket No. FR–6019–N–01] Trust Fund.’’ HUD’s implementing Guam, the Commonwealth of Northern
Housing Trust Fund Federal Register regulations are codified at 24 CFR part Mariana Islands, and the United States
Allocation Notice 93. In accordance with Section Virgin Islands. HUD allocates HTF
1338(c)(4)(A) of the Act, this notice resources for these four Insular Areas on
AGENCY: Office of the Assistant announces the formula allocation a pro rata demographic basis because
Secretary for Community Planning and amount for each eligible HTF grantee. comparable housing needs data do not
Development, HUD. Congress authorized the HTF with the exist for such jurisdictions. In
ACTION: Notice of corrected fiscal year stated purpose of: (1) Increasing and determining the Fiscal Year 2016 HTF
2016 funding allocations. preserving the supply of rental housing allocations, HUD inadvertently used
for extremely low-income families with renter populations data rather than
SUMMARY: The Housing and Economic incomes between 0 and 30 percent of renter households data, so that the pro
Recovery Act of 2008 (HERA) area median income and very low- rata allocation for each Insular Area was
established the Housing Trust Fund income families with incomes between based on the ratio of between its renter
(HTF) to be administered by HUD. 30 and 50 percent of area median population and the national total of
Pursuant to the Federal Housing income, including homeless families, renter households. This error inflated
Enterprises Financial Security and and (2) increasing homeownership for the allocations for Insular Areas in the
Soundness Act of 1992 (the Act), as extremely low-income and very low- aggregate amount of $120,913. The over-
amended by HERA, Division A, eligible income families. allocation to Insular Areas occurred at
HTF grantees are the 50 states, the Section 1337 of the Act provides for the expense of certain states for which
District of Columbia, the the HTF (and other programs) to be allocations were reduced to ensure that
Commonwealth of Puerto Rico, funded with an affordable housing set other states reached the $3,000,000
American Samoa, Guam, the aside by Fannie Mae and Freddie Mac. minimum. HUD is required to correct
Commonwealth of Northern Mariana The total set-aside amount is equal to the error for the Fiscal Year 2016 HTF
Islands, and the United States Virgin 4.2 basis points (.042 percent) of Fannie grants. Accordingly, the HTF allocations
Islands. Mae and Freddie Mac’s new mortgage for the Insular Areas are reduced as
purchases, a portion of which is for the follows: America Samoa, ¥$9,567;
FOR FURTHER INFORMATION CONTACT:
HTF. Guam ¥$55,330; Northern Marianas,
Virginia Sardone, Director, Office of Section 1338 of the Act directs HUD
Affordable Housing Programs, Room ¥$23,470; and Virgin Islands,
to establish, through regulation, the ¥$32,546. In addition, the formula
7164, Department of Housing and Urban formula for distribution of amounts
Development, 451 Seventh Street SW., allocations for 15 states and the
made available for the HTF. The statute Commonwealth of Puerto Rico
Washington, DC 20410–7000; telephone specifies the factors to be used for the
(202) 708–2684. (This is not a toll-free increased slightly. Appendix A to this
formula and priority for certain factors. notice provides the names and the
number.) A telecommunications device The factors and methodology HUD uses
for hearing- and speech-impaired corrected amounts of the Fiscal Year
to allocate HTF funds among eligible 2016 HTF awards.
persons (TTY) is available at 800–877– grantees are established in the HTF
8339 (Federal Information Relay regulation. HTF formula allocations for Dated: April 10, 2017.
Service). Fiscal Year 2016 totaling $173,591,160 Clifford Taffet,
SUPPLEMENTARY INFORMATION: Section were announced in the Federal Register General Deputy Assistant Secretary for
1131 of HERA Division A amended the on May 5, 2016 (81 FR 27165). After Community Planning and Development.

APPENDIX A: FY 2016 HOUSING TRUST FUND ALLOCATION AMOUNTS
Original FY 2016 Corrected FY 2016 Percent difference
Name Difference
formula allocation formula allocation (%)

Alabama ........................................................................... $3,000,000.00 $3,000,000.00 $0.00 0.00
Alaska .............................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Arizona ............................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Arkansas .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
California .......................................................................... 10,128,144.00 10,156,439.59 28,295.59 0.28
Colorado .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Connecticut ...................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Delaware .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
District of Columbia ......................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Florida .............................................................................. 4,598,821.00 4,607,302.00 8,481.00 0.18
Georgia ............................................................................ 3,314,612.00 3,318,674.00 4,062.00 0.12
Hawaii .............................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Idaho ................................................................................ 3,000,000.00 3,000,000.00 0.00 0.00
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Illinois ............................................................................... 4,302,012.00 4,310,055.00 8,043.00 0.19
Indiana ............................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Iowa ................................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Kansas ............................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Kentucky .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Louisiana .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Maine ............................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Maryland .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Massachusetts ................................................................. 3,419,569.00 3,423,773.00 4,204.00 0.12

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17852 Federal Register / Vol. 82, No. 70 / Thursday, April 13, 2017 / Notices

APPENDIX A: FY 2016 HOUSING TRUST FUND ALLOCATION AMOUNTS—Continued
Original FY 2016 Corrected FY 2016 Percent difference
Name Difference
formula allocation formula allocation (%)

Michigan ........................................................................... 3,522,622.00 3,527,747.00 5,125.00 0.15
Minnesota ........................................................................ 3,000,000.00 3,000,000.00 0.00 0.00
Mississippi ........................................................................ 3,000,000.00 3,000,000.00 0.00 0.00
Missouri ............................................................................ 3,000,000.00 3,000,000.00 0.00 0.00
Montana ........................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Nebraska .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Nevada ............................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
New Hampshire ............................................................... 3,000,000.00 3,000,000.00 0.00 0.00
New Jersey ...................................................................... 3,733,566.00 3,738,267.00 4,701.00 0.13
New Mexico ..................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
New York ......................................................................... 7,013,963.00 7,033,924.00 19,961.00 0.28
North Carolina .................................................................. 3,280,235.00 3,284,215.00 3,980.00 0.12
North Dakota .................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Ohio ................................................................................. 3,740,578.00 3,747,502.00 6,924.00 0.19
Oklahoma ......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Oregon ............................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Pennsylvania .................................................................... 3,862,285.00 3,868,768.00 6,483.00 0.17
Rhode Island .................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
South Carolina ................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
South Dakota ................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Tennessee ....................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Texas ............................................................................... 4,778,364.00 4,789,476.00 11,112.00 0.23
Utah ................................................................................. 3,000,000.00 3,000,000.00 0.00 0.00
Vermont ........................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Virginia ............................................................................. 3,139,830.00 3,142,439.00 2,609.00 0.08
Washington ...................................................................... 3,243,721.00 3,246,662.00 2,941.00 0.09
West Virginia .................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Wisconsin ......................................................................... 3,004,558.00 3,007,084.00 2,526.00 0.08
Wyoming .......................................................................... 3,000,000.00 3,000,000.00 0.00 0.00
Puerto Rico ...................................................................... 326,054.00 327,519.00 1,465.00 0.45
America Samoa ............................................................... 12,321.00 2,754.00 ¥9,567.00 ¥77.65
Guam ............................................................................... 77,609.00 22,279.00 ¥55,330.00 ¥71.29
Northern Marianas ........................................................... 35,735.00 12,265.00 ¥23,470.00 ¥65.68
Virgin Islands ................................................................... 56,562.00 24,016.00 ¥32,546.00 ¥57.54

[FR Doc. 2017–07487 Filed 4–12–17; 8:45 am] DEPARTMENT OF THE INTERIOR the meeting is 1–866–650–5651,
BILLING CODE 4210–67–P Participant Code: 3696961.
Bureau of Land Management FOR FURTHER INFORMATION CONTACT: Lisa
[LLORV00000.L10200000.DF0000. Clark, Public Affairs Officer, BLM
INTER-AMERICAN FOUNDATION LXSSH1040000.17X.HAG 17–0090] Prineville District Office, 3050 NE 3rd
St., Prineville, Oregon 97754; (541) 416–
Sunshine Act Meetings Notice of Public Meeting for the John 6700; or lmclark@blm.gov. Persons who
Day—Snake Resource Advisory use a telecommunications device for the
TIME AND DATE: April 24, 2017, 9:00 Council, Oregon
a.m.–12:30 p.m. deaf (TDD) may call the Federal Relay
AGENCY: Bureau of Land Management, Service (FRS) at 1(800) 877–8339 to
PLACE: Inter-American Foundation,
Interior. contact the above individual during
1331 Pennsylvania Ave., Suite 1200,
ACTION: Notice.
normal business hours. The FRS is
NW., Washington, DC 20004.
available 24 hours a day, seven days a
STATUS: Meeting of the Board of week, to leave a message or question
SUMMARY: In accordance with the
Directors, Open to the public. Federal Land Policy and Management with the above individual. You will
MATTERS TO BE CONSIDERED: Act of 1976 and the Federal Advisory receive a reply during normal business
D Approval of the Minutes of the Committee Act of 1972, the U.S. hours.
November 14, 2016, Meeting of the Department of the Interior, Bureau of
Board of Directors & Advisory SUPPLEMENTARY INFORMATION: The John
Land Management (BLM) John Day— Day—Snake RAC consists of 15
D Management Report Snake Resource Advisory Council (RAC)
D FY 2018–2022 Strategic Plan members appointed by the Secretary of
D Advisory Council will meet as indicated below. the Interior. Their diverse perspectives
D Adjournment DATES: The John Day—Snake RAC will are represented in commodity,
asabaliauskas on DSK3SPTVN1PROD with NOTICES

CONTACT PERSON FOR MORE INFORMATION: hold a public meeting on Thursday and conservation, and general interests.
Paul Zimmerman, General Counsel, Friday, May 18 and 19, 2017, starting at They provide advice to BLM and Forest
(202) 683–7118. 8 a.m. Pacific Daylight Time (PDT) both Service resource managers regarding
days. management plans and proposed
Paul Zimmerman, ADDRESSES: The meeting will be held at resource actions on public land in
General Counsel. the Grand Geyser Hotel, 1996 Main central and eastern Oregon. This
[FR Doc. 2017–07585 Filed 4–11–17; 4:15 pm] Street, Baker City, OR 97814. The meeting is open to the public in its
BILLING CODE 7025–01–P telephone conference line number for entirety. Information to be distributed to

VerDate Sep<11>2014 17:51 Apr 12, 2017 Jkt 241001 PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 E:\FR\FM\13APN1.SGM 13APN1

Document Created: 2017-04-13 01:09:21
Document Modified: 2017-04-13 01:09:21

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 corrected fiscal year 2016 funding allocations.
Contact		Virginia Sardone, Director, Office of Affordable Housing Programs, Room 7164, Department of Housing and Urban Development, 451 Seventh Street SW., Washington, DC 20410-7000; telephone (202) 708-2684. (This is not a toll-free number.) A telecommunications device for hearing- and speech-impaired persons (TTY) is available at 800-877-8339 (Federal Information Relay Service).
FR Citation		82 FR 17851