60-Day Notice DCTA

28598

Federal Register / Vol. 88, No. 86 / Thursday, May 4, 2023 / Notices

information technology, e.g., permitting
electronic submission of responses.
HUD encourages interested parties to
submit comment in response to these
questions.
C. Authority
Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C.
chapter 35.
Steven Durham,
Acting Chief, Office of Policy, Programs and
Legislative Initiatives.
[FR Doc. 2023–09465 Filed 5–3–23; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–6389–N–01]

Section 184 Indian Housing Loan
Guarantee Program; Reduction to the
Upfront and Annual Loan Guarantee
Fees
Office of the Assistant
Secretary for Public and Indian
Housing, HUD.
ACTION: Notice.
AGENCY:

The Section 184 Indian
Housing Loan Guarantee program
(‘‘Section 184 program’’) is a home
mortgage program specifically designed
for American Indian and Alaska Native
families, Alaska villages, Tribes, or
Tribally Designated Housing Entities.
Congress established this program in
1992 to facilitate homeownership and
increase access to capital in Native
American communities. Based on the
Section 184 program’s strong
performance and low default rate, HUD
has determined that the fees charged to
the borrower can be reduced without
risk to the overall performance of the
program. HUD is hereby exercising its
authority to decrease the upfront loan
guarantee fee from 1.50 to 1.00 percent
and the annual loan guarantee fee from
0.25 to 0.00 percent for all new or
updated Section 184 Firm Commitments
as of the effective date of this Notice,
including refinances.
DATES: Applicable Date: July 1, 2023.
FOR FURTHER INFORMATION CONTACT:
Heidi J. Frechette, Deputy Assistant
Secretary for Native American
Programs, Office of Public and Indian
Housing, Department of Housing and
Urban Development, 451 7th Street SW,
Room 4108, Washington, DC 20410;
telephone number 202–401–7914 (this
is not a toll-free number). HUD
welcomes and is prepared to receive
calls from individuals who are deaf or
hard of hearing, as well as individuals

ddrumheller on DSK120RN23PROD with NOTICES1

SUMMARY:

VerDate Sep<11>2014

17:12 May 03, 2023

Jkt 259001

with speech or communication
disabilities. To learn more about how to
make an accessible telephone call,
please visit https://www.fcc.gov/
consumers/guides/telecommunicationsrelay-service-trs.
SUPPLEMENTARY INFORMATION:
I. Background
Section 184 of the Housing and
Community Development Act of 1992
(Pub. L. 102–550, approved October 28,
1992), as amended, established the
Section 184 program to provide access
to sources of private mortgage financing
to Indian families, Indian housing
authorities, and Indian tribes. Congress
established this program in 1992 to
facilitate homeownership and increase
access to capital in Native American
Communities. The Section 184 program
addresses obstacles to mortgage
financing on trust land and in other
Indian and Alaska Native areas by
giving HUD the authority to guarantee
loans to eligible persons and entities to
construct, acquire, refinance, or
rehabilitate one- to four-family
dwellings in these areas.
The Section 184 program is funded by
a combination of annual appropriations
and upfront and annual fees collected
from the borrower. Program costs
include amounts for claims, contracts,
and other expenses related to
foreclosure. To ensure the program has
enough funding, pursuant to 12 U.S.C.
1715z–13a(d) and 24 CFR 1005.109,
HUD has the authority to establish an
upfront loan guarantee fee in an amount
not exceeding 3.00 percent of the
principal obligation of the loan and an
annual loan guarantee fee in an amount
not exceeding 1.00 percent of the
remaining guaranteed balance.
On March 5, 2014, HUD issued a
Notice increasing the upfront loan
guarantee fee from 1.00 to 1.50 percent.
(79 FR 12520). The new loan guarantee
fee became effective on April 4, 2014.
On October 7, 2014, HUD issued a
Notice exercising its statutory authority
to implement an annual loan guarantee
fee to the borrower in the amount of
0.15 percent. (79 FR 60492). The new
annual loan guarantee fee became
effective on November 15, 2014.
On November 1, 2016, HUD issued a
second Notice increasing the annual
loan guarantee fee from 0.15 to 0.25
percent. (81 FR 75836). The new annual
loan guarantee fee became effective on
December 1, 2016.
Since 2016, the Section 184 program
has consistently experienced a very low
default rate. Lenders are doing a better
job of underwriting and servicing the
loans, and Tribes continue to
proactively provide housing counseling

PO 00000

Frm 00140

Fmt 4703

Sfmt 4703

and support in an effort to keep Native
American families in their homes. These
factors have strengthened the financial
performance of the Section 184
program. As a result, the program can
support a reduction of loan guarantee
fees to Native American borrowers
without increasing financial risk to the
Fund.
The reduction in fees will make
Section 184 loans more affordable to
Native American families and help
remove barriers to private financial
capital. Reducing the upfront and
annual loan guarantee fees will have a
positive financial impact on a typical
borrower. Under the revised fee
structure, the average family could save
almost $5,700 over the course of the
loan, which is a meaningful savings for
an average Native American family.
II. Reduction of the Upfront and
Annual Loan Guarantee Fee
This Notice reduces the Section 184
program upfront loan guarantee fee from
1.50 to 1.00 percent and the annual loan
guarantee fee from 0.25 to 0.00 percent.
This reduction will apply to all Section
184 program applicants receiving a new
or updated Section 184 Firm
Commitment as of the applicable date of
this Notice, including refinances. This
reduction will not apply to loans
currently guaranteed by this program.
III. Environmental Impact
This Notice involves the
establishment of a rate or cost
determination that does 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 (U.S.C. 4321).
Dominique Blom,
General Deputy Assistant Secretary for Public
and Indian Housing.
[FR Doc. 2023–09479 Filed 5–3–23; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7075–N–05]

60-Day Notice of Proposed Information
Collection: Application for Distressed
Cities Technical Assistance NOFO;
OMB Control No.: 2528–0326
Office of Policy Development
and Research, HUD.
ACTION: Notice.
AGENCY:

E:\FR\FM\04MYN1.SGM

04MYN1

Federal Register / Vol. 88, No. 86 / Thursday, May 4, 2023 / Notices
HUD is seeking approval from
the Office of Management and Budget
(OMB) for the information collection
described below. In accordance with the
Paperwork Reduction Act, HUD is
requesting comment from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for 60 days of public
comment.

SUMMARY:

DATES:

Comments Due Date: July 3,

2023.
Interested persons are
invited to submit comments regarding
this proposal.
Written comments and
recommendations for the proposed
information collection can be sent
within 60 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 60-day Review—Open
for Public Comments’’ or by using the
search function. Interested persons are
also invited to submit comments
regarding this proposal by name and/or
OMB Control Number and can be sent
to: Anna Guido, Reports Management
Officer, REE, Department of Housing
and Urban Development, 451 7th Street
SW, Room 8210, Washington, DC
20410–5000; telephone 202–402–5535
(this is not a toll-free number) or email
at PaperworkReductionActOffice@
hud.gov for a copy of the proposed
forms or other available information.
FOR FURTHER INFORMATION CONTACT:
Anna Guido, Reports Management
Officer, Department of Housing and
Urban Development, 451 7th Street SW,
Washington, DC 20410; email Anna
Guido at [email protected],
telephone 202–402–5535 (this is not a
toll-free number). HUD welcomes and is
prepared to receive calls from
individuals who are deaf or hard of
hearing, as well as individuals with
speech or communication disabilities.
To learn more about how to make an
accessible telephone call, please visit
https://www.fcc.gov/consumers/guides/
telecommunications-relay-service-trs.
Copies of available documents
submitted to OMB may be obtained
from Ms. Guido.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD is
seeking approval from OMB for the
information collection described in
section A.

ddrumheller on DSK120RN23PROD with NOTICES1

ADDRESSES:

A. Overview of Information Collection
Title of Information Collection:
Application for Distressed Cities
Technical Assistance NOFO.
OMB Approval Number: 2528–0326.

VerDate Sep<11>2014

17:12 May 03, 2023

Jkt 259001

Type of Request: Renewal of an
existing collection.
Form Number: SF–424, SF–LLL,
HUD–2880. HUD–424–B.
Description of the need for the
information and proposed use:
Application information is needed to
determine the competition winners, i.e.,
the technical assistance providers best
able to help distressed communities
adopt effective, efficient, and
sustainable financial management
practices, build capacity for financial
management, economic revitalization,
affordable housing, and disaster
recovery, and improve knowledge of
federal development programs.
Respondents: Organizations.
Estimated Number of Respondents:
10.
Estimated Time per Response: 44
hours.
Frequency of Response: 1.
Estimated Total Annual Burden
Hours: 440 hours.
Estimated Total Annual Cost:
$11,000.
Legal Authority: Section 3507 of the
Paperwork Reduction Act of 1995, 44
U.S.C. chapter 35.
B. Solicitation of Public Comment
This notice is soliciting comments
from members of the public and affected
parties concerning the collection of
information described in section A on
the following:
(1) Whether the proposed collection
of information is necessary for the
proper performance of the functions of
the agency, including whether the
information will have practical utility;
(2) The accuracy of the agency’s
estimate of the burden of the proposed
collection of information;
(3) Ways to enhance the quality,
utility, and clarity of the information to
be collected, and
(4) Ways to minimize the burden of
the collection of information on those
who are to respond; including through
the use of appropriate automated
collection techniques or other forms of
information technology, e.g., permitting
electronic submission of responses.
HUD encourages interested parties to
submit comments in response to these
questions.
C. Authority
Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C. 3507.
Todd M. Richardson,
General Deputy Assistant Secretary for Policy
Development and Research.
[FR Doc. 2023–09467 Filed 5–3–23; 8:45 am]
BILLING CODE 4210–67–P

PO 00000

Frm 00141

Fmt 4703

Sfmt 4703

28599

DEPARTMENT OF THE INTERIOR
Office of the Secretary
[DOI–2023–0004; 23XD4523WS,
DS62200000, DWSN00000.000000, DP62205]

Privacy Act of 1974; System of
Records
Office of the Secretary, Interior.
Rescindment of a system of
records notice.

AGENCY:
ACTION:

The Department of the
Interior (Interior, Department) is issuing
a public notice of its intent to rescind
the Privacy Act system of records notice
(SORN) for INTERIOR/DOI–88, Travel
Management: FBMS, because agency
travel program records are covered by
two government-wide SORNs published
by the General Services Administration
(GSA). This rescindment will promote
the overall streamlining and
management of Interior’s Privacy Act
systems of records.
DATES: These changes take effect on May
4, 2023.
ADDRESSES: You may send comments
identified by docket number [DOI–
2023–0004] by any of the following
methods:
• Federal eRulemaking Portal:
https://www.regulations.gov. Follow the
instructions for sending comments.
• Email: [email protected].
Include docket number [DOI–2023–
0004] in the subject line of the message.
• U.S. mail or hand-delivery: Teri
Barnett, Departmental Privacy Officer,
U.S. Department of the Interior, 1849 C
Street NW, Room 7112, Washington, DC
20240.
Instructions: All submissions received
must include the agency name and
docket number [DOI–2023–0004]. All
comments received will be posted
without change to https://
www.regulations.gov, including any
personal information provided.
Docket: For access to the docket to
read background documents or
comments received, go to https://
www.regulations.gov.
You should be aware your entire
comment including your personally
identifiable information, such as your
address, phone number, email address,
or any other personal information in
your comment, may be made publicly
available at any time. While you may
request to withhold your personally
identifiable information from public
review, we cannot guarantee we will be
able to do so.
FOR FURTHER INFORMATION CONTACT: Teri
Barnett, Departmental Privacy Officer,
U.S. Department of the Interior, 1849 C
SUMMARY:

E:\FR\FM\04MYN1.SGM

04MYN1