Unified Agenda
24 CFR Subtitles A and B
[Docket No. FR-4756-N-01]
AGENCY:
Department of Housing and Urban Development.
ACTION:
Semiannual regulatory agenda.
SUMMARY:
In accordance with section 4(b) of Executive Order 12866, "Regulatory Planning and Review," as amended, HUD is publishing its agenda of regulations already issued or that are expected to be issued over the next several months, and currently effective rules that are under review. The agenda also describes regulations that may affect small entities as required by section 602 of the Regulatory Flexibility Act. The purpose of publication of the agenda is to encourage more effective public participation in the regulatory process by providing the public with early information about pending regulatory activities.
FOR FURTHER INFORMATION CONTACT:
Aaron Santa Anna, Assistant General Counsel for Regulations, Office of General Counsel, Department of Housing and Urban Development, Room 10276, 451 Seventh Street SW., Washington, DC 20410, (202) 708-3055. (This is not a toll-free number.) A telecommunications device for hearing- and speech-impaired individuals (TTY) is available at 1-800-877-8339 (Federal Information Relay Service).
SUPPLEMENTARY INFORMATION:
Executive Order 12866, "Regulatory Planning and Review" (58 FR 51735), as amended by Executive Order 13258 (67 FR 9385), requires each agency to publish semiannually an agenda of (1) regulations that the agency has issued or expects to issue, and (2) currently effective regulations that are under agency review. The Regulatory Flexibility Act (5 U.S.C. 601-612) requires each agency to publish semiannually a regulatory agenda of rules expected to be proposed or promulgated that are likely to have a significant economic impact on a substantial number of "small entities," meaning small businesses, small organizations, or small governmental jurisdictions.
Executive Order 12866, as amended, and the Regulatory Flexibility Act each permit incorporation of the agenda required by these two authorities with any other prescribed agenda. Therefore, the agenda set out below combines the information required by Executive Order 12866, as amended, and the Regulatory Flexibility Act. In addition, the agenda contains certain information not required by either the Executive Order or by the Regulatory Flexibility Act which the Department considers useful, both better to inform the public and to enhance the Department's own inventory control over its body of regulations.
Section 610(c) of the Regulatory Flexibility Act requires each agency to publish annually a list of the rules that have a significant economic impact on a substantial number of small entities, and that are to be reviewed in accordance with the requirements of section 610 during the succeeding 12 months. Existing regulations that HUD proposes to amend by rules described and published in this agenda are reviewed in accordance with the principles of section 610 of the Regulatory Flexibility Act. The purpose of the review is to determine whether the rule should be continued without change, amended or rescinded. Proposed changes to existing regulations provide the opportunity for the Department to conduct a section 610 review.
The Department also is subject to certain rulemaking requirements set forth in the Department of Housing and Urban Development Act (42 U.S.C. 3531 et seq.). Section 7(o) of the Department of Housing and Urban Development Act (42 U.S.C. 3535(o)) requires that the Secretary transmit to the congressional committees having jurisdictional oversight of HUD (the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Banking and Financial Services) a semiannual agenda of all rules or regulations which are under development or review by the Department. A rule appearing on the agenda cannot be published for comment before or during the first 15 calendar days after transmittal of the agenda. Section 7(o) provides that if, within that period, either committee notifies the Secretary that it intends to review any rule or regulation which appears on the agenda, the Secretary must submit to both committees a copy of the rule or regulation, in the form it is intended to be proposed, at least 15 calendar days before it is published for comment. The semiannual agenda published today is the agenda transmitted to the committees in compliance with this requirement.
HUD has attempted to list in this agenda all regulations and regulatory reviews pending at the time of publication, except for minor and routine or repetitive actions, but some may have been inadvertently omitted, or may have arisen too late to be included in the published agenda. There is no legal significance to the omission of an item from the agenda. Also, where dates are provided for the next rulemaking actions, the dates are estimates and are not commitments to act on or by the date shown.
In some cases HUD has withdrawn rules that were placed on previous agendas and for which there has been no publication activity. Withdrawal of a rule does not necessarily mean that HUD will not proceed with the rulemaking. Withdrawal allows the HUD Administration to further assess the subject matter and determine whether rulemaking for this subject matter is appropriate. Following this review, the Department may determine that certain rules listed as withdrawn under this agenda are appropriate. If that determination is made, the rules will be included in a succeeding semiannual agenda.
In addition, for a few rules that have been published as a proposed or interim rule, and therefore require further rulemaking, HUD has identified the timing of the next action stage as "undetermined." These are rules that are still under review by the HUD Administration and for which a determination of the next action stage and timing of the next action stage has not yet been made.
The format of the agenda remains unchanged from previous years. HUD's agenda items are divided first by program office. Within each program office, the agenda items are divided into five groups: (i) pre-rulemaking actions, (ii) publication or other implementations of notices of proposed rulemaking, (iii) publication or other implementations of final rules, (iv) long-term actions, and (v) completed actions. Within each grouping, rules are listed in chronological order by the part number of the CFR affected. Where a rule affects multiple parts of the CFR, the rule is listed by the first affected part number.
Since the purpose of publication of the agenda is to encourage more effective public participation in the regulatory process by providing the public with early information about the Department's future regulatory actions, HUD invites all interested members of the public to comment on the rules listed in the agenda.
Dated:
April 9, 2002.
Alphonso Jackson, Deputy Secretary.
| Office of the Secretary—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 937 | 24 CFR 5.603 Exclusion of Veterans' Disability Benefits from Income (FR-4746) | 2501-AC86 |
| 938 | 24 CFR 17 Administrative Wage Garnishment (FR-4711) | 2501-AC85 |
| 939 | 24 CFR 24 Common Rule on Suspension and Debarments (FR-4692) | 2501-AC81 |
| 940 | 24 CFR 203 Single Family Mortgage Insurance; Treble Damages for Failure to Engage in Loss Mitigation Activities (FR-4553) | 2501-AC66 |
| 941 | 24 CFR 58 Environmental Review Procedures for Entities Assuming HUD's Environmental Responsibilities (FR-4523) | 2501-AC83 |
| Office of the Secretary—Final Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 942 | 24 CFR 1 Rule To Conform Regulatory Definitions Civil Rights Restoration Act (FR-4587) | 2501-AC70 |
| 943 | 24 CFR 5 Temporary Assistance to Needy Families (TANF); Conforming Changes to Annual Income Requirements for HUD's Public Housing and Section 8 Assistance Programs (FR-4635) | 2501-AC77 |
| 944 | 24 CFR 5 Uniform Financial Reporting Standards for HUD Housing Programs, Additional Entity Filing Requirements (FR-4681) | 2501-AC80 |
| 945 | 24 CFR 92 HOME Investment Partnerships Program — Amendments (FR-4111) | 2501-AC30 |
| 946 | 24 CFR 888 Fair Market Rents for the Section 8 Tenant-Based Rental Housing and Homeownership Programs; Higher Fair Market Rents for Certain FMR Areas (FR-4606) | 2501-AC75 |
| Office of the Secretary—Long-Term Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 947 | 24 CFR 5 Electronic Document Retention and Consumer Disclosure Requirements in HUD-Related Transactions (FR-4686) | 2501-AC79 |
| 948 | 24 CFR 28 Adjustment of HUD's Civil Money Penalties Pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990 (FR-4555) | 2501-AC67 |
| 949 | 24 CFR 40 Accessibility Standards for Design, Construction and Alteration of Certain Facilities Financed with Public Funds (FR-4317) | 2501-AC47 |
| 950 | 24 CFR 81 The Secretary of HUD's Regulation of Fannie Mae and Freddie Mac; Prohibiting the Purchase of Certain Loans With High Costs and/or Predatory Features (FR-4614) | 2501-AC76 |
| 951 | 24 CFR 84 Adoption of Revisions to OMB Circular A-110 (FR-4573) | 2501-AC68 |
| Office of the Secretary—Completed Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 952 | 24 CFR 30 Amendments to HUD's Civil Money Penalty Regulations (FR-4399) | 2501-AC56 |
| Office of the Secretary—Discontinued Entries | Regulation Identification Number | Title | Date Withdrawn | Comments |
|---|---|---|---|
| 2501-AC33 | 24 CFR 55 Floodplain Management and Protection of Wetlands (FR-4142) | 03/05/2002 | Withdrawn |
| 2501-AC62 | 24 CFR 91 Consolidated Plan Amendments; Needs of Public Housing and Treatment of Troubled PHAs (FR-4518) | 03/05/2002 | Withdrawn |
| 2501-AC71 | 24 CFR 92 Home Investment Partnerships Program: Grandfamilies (FR-4599) | 03/05/2002 | Withdrawn |
| Office of Housing—Prerule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 953 | 24 CFR 200.208 FHA Appraiser Watch Initiative (FR-4744) | 2502-AH81 |
| Office of Housing—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 954 | 24 CFR ch II Sale of Unoccupied and Substandard HUD-Held Housing to Local Governments and Community Development Organizations (FR-4658) | 2502-AH61 |
| 955 | 24 CFR 202 Revisions to FHA Credit Watch/Termination Initiative (FR-4625) | 2502-AH60 |
| 956 | 24 CFR 203 Upfront Mortgage Insurance Premiums: Remittance Requirements (FR-4690) | 2502-AH67 |
| 957 | 24 CFR 203 Prohibition of Predatory Lending Practices: Limit on FHA Single Family Loan Fees (FR-4700) | 2502-AH70 |
| 958 | 24 CFR 203.18 Limitation of FHA-Insured Loans to Nonprofit Agencies (FR-4702) | 2502-AH71 |
| 959 | 24 CFR 203 Amendments to the Section 203(k) Rehabilitation Loan Insurance Program (FR-4701) | 2502-AH73 |
| 960 | 24 CFR 203.60 FHA Inspector Roster (FR-4720) | 2502-AH76 |
| 961 | 24 CFR 203 Lender Accountability for Appraisals (FR-4722) | 2502-AH78 |
| 962 | 24 CFR 203.50 Up-Front Mortgage Insurance Premiums for Loans Insured Under 24 CFR 203(k) and 234(c) (FR-4749) | 2502-AH82 |
| 963 | 24 CFR 203.49 Eligibility of Adjustable Rate Mortgages (ARMs) (FR-4745) | 2502-AH84 |
| 964 | 24 CFR 207, 255 Agreements for Using FHA's Total Mortgage Scorecard (FR-4717) | 2502-AH75 |
| 965 | 24 CFR 234 FHA Approval of Condominium Developments Located in the Commonwealth of Puerto Rico for Mortgage Insurance Under the Section 234(c) Program (FR-4713) | 2502-AH80 |
| 966 | 24 CFR 236 Section 236 Excess Rental Charges (FR-4689) | 2502-AH68 |
| 967 | 24 CFR 245 Tenant Participation in State-Financed, HUD-Assisted Housing Developments (FR-4611) | 2502-AH55 |
| 968 | 24 CFR 291 Disposition of HUD-Owned Single Family Assets in Revitalization Areas (FR-4471) | 2502-AH40 |
| 969 | 24 CFR 291, subpart F Disposition of HUD-Acquired Single Family Property; Officer/Teacher Next Door Sales Programs (FR-4712) | 2502-AH72 |
| 970 | 24 CFR 880 Special Rent Adjustments (FR-4721) | 2502-AH77 |
| 971 | 24 CFR 891 Mixed Finance Development for Supportive Housing for the Elderly and Persons with Disabilities (FR-4725) | 2502-AH83 |
| 972 | 24 CFR 3280 Implementation of Manufactured Housing Improvement Act of 2000 (FR-4665) | 2502-AH62 |
| 973 | 24 CFR 3500 et seq RESPA - Improving the Process for Obtaining Mortgages (FR-4727) | 2502-AH85 |
| Office of Housing—Final Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 974 | 24 CFR 200 Delegation of Insuring Authority to Direct Endorsement Mortgagees (FR-4169) | 2502-AG87 |
| 975 | 24 CFR 203 Nonprofit Organization Participation in Certain FHA Single Family Activities; Placement and Removal Procedures (FR-4585) | 2502-AH49 |
| 976 | 24 CFR 200 Appraiser Qualifications for Placement on FHA Single Family Appraiser Roster (FR-4620) | 2502-AH59 |
| 977 | 24 CFR 203 Single Family Mortgage Insurance; Section 203(k) Consultant Placement and Removal Procedures (FR-4592) | 2502-AH51 |
| 978 | 24 CFR 203 Prohibition of Property Flipping in HUD's Single Family Mortgage Insurance Programs (FR-4615) | 2502-AH57 |
| 979 | 24 CFR 206 Insurance for Mortgages To Refinance Existing HECMs (FR-4667) | 2502-AH63 |
| 980 | 24 CFR 207 Mortgage Insurance Premiums in Multifamily Housing Programs (FR-4679) | 2502-AH64 |
| 981 | 24 CFR 402 Renewal of Expiring Section 8 Project-Based Assistance Contract (FR-4551) | 2502-AH47 |
| 982 | 24 CFR 880 Distributions to Nonprofit Owners of Certain HUD-Assisted Multifamily Rental Projects (FR-4602) | 2502-AH52 |
| 983 | 24 CFR 3280 Manufactured Home Construction and Safety Standards (FR-4376) | 2502-AH23 |
| Office of Housing—Long-Term Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 984 | 24 CFR 242 Mortgage Insurance for the Refinancing of Existing Debt of Existing Hospitals (FR-4618) | 2502-AH58 |
| 985 | 24 CFR 401 Release of Information to Tenants and Other Parties Pursuant to MAHRA (FR-4531) | 2502-AH45 |
| 986 | 24 CFR 401 Mark-to-Market Program Amendments (FR-4751) | 2502-AH86 |
| 987 | 24 CFR 891 Supportive Housing for the Elderly and Persons With Disabilities; Duration of Capital Advance (FR-4466) | 2502-AH36 |
| Office of Housing—Completed Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 988 | 24 CFR 3280 Manufactured Homes Construction and Safety Standards: Smoke Alarms (FR-4552) | 2502-AH48 |
| Office of Housing—Discontinued Entries | Regulation Identification Number | Title | Date Withdrawn | Comments |
|---|---|---|---|
| 2502-AH35 | 24 CFR 236 Rehabilitation Grants for Certain Multifamily Projects (FR-4465) | 03/05/2002 | Withdrawn |
| 2502-AH65 | 24 CFR 891 Prepayment and Refinancing of Section 202 Loans (FR-4678) | 03/05/2002 | Withdrawn |
| 2502-AH69 | FHA Accelerated Claim Disposition Demonstration Program (FR-4691) | 03/11/2002 | Withdrawn |
| Office of Community Planning and Development—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 989 | 24 CFR 570 CDBG Brownfields/Slum/Blight (FR-4699) | 2506-AC12 |
| 990 | 24 CFR 574 Housing Opportunities for Persons with AIDS (HOPWA) (FR-4708) | 2506-AC11 |
| 991 | 24 CFR 583 Supportive Housing Program (FR-4616) | 2506-AC07 |
| Office of Community Planning and Development—Final Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 992 | 24 CFR 570 CDBG Program for States; Community Revitalization Strategy Requirements and Miscellaneous Technical Amendments (FR-4081) | 2506-AB83 |
| 993 | 24 CFR 570 Community Development Block Grant - Assisted Demolition of HUD-Owned Housing Units (FR-4698) | 2506-AC10 |
| 994 | 24 CFR 583 Supportive Housing Program—Increasing Operating Cost Percentage (FR-4576) | 2506-AC05 |
| 995 | 24 CFR 598 Designation of Renewal Communities and Third Round Empowerment Zones (FR-4663) | 2506-AC09 |
| Office of Community Planning and Development—Long-Term Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 996 | 24 CFR 570 Prohibition on Use of CDBG Assistance for Job-Pirating Activities (FR-4556) | 2506-AC04 |
| Office of Fair Housing and Equal Opportunity—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 997 | 24 CFR 100 Fair Housing Act Regulation; Conforming Amendment; Update To Reflect Current Edition of American National Standards Institute (ANSI) (FR-4554) | 2529-AA88 |
| 998 | 24 CFR 115 Certification and Funding of State and Local Fair Housing Enforcement Agencies (FR-4748) | 2529-AA90 |
| Office of Fair Housing and Equal Opportunity—Long-Term Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 999 | 24 CFR 100 Fair Housing Act Regulations Amendments: Standards Governing Sexual Harassment (FR-4597) | 2529-AA89 |
| 1000 | 24 CFR 135 Economic Opportunities for Low- and Very-Low-Income Persons (FR-2898) | 2529-AA49 |
| Office of Administration—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 1001 | 48 CFR 2401 HUD Acquisition Regulation (FR-4705) | 2535-AA26 |
| Office of the Inspector General—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 1002 | 24 CFR 2002 Implementation of the Freedom of Information Act (FR-4716) | 2508-AA12 |
| 1003 | 24 CFR 2004 Office of Inspector General Subpoenas and Production in Response to Subpoenas or Demands of Courts or Other Authorities (FR-4742) | 2508-AA13 |
| Office of Public and Indian Housing—Proposed Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 1004 | 24 CFR 902 Amended Public Housing Assessment System (PHAS) Rule (FR-4707) | 2577-AC32 |
| 1005 | 24 CFR 902 Deregulation for Small PHAs (FR-4753) | 2577-AC34 |
| 1006 | 24 CFR 905 Public Housing Capital Fund Program (FR-4507) | 2577-AC16 |
| 1007 | 24 CFR 941 Mixed-Finance Public Housing Development (FR-4499) | 2577-AC09 |
| 1008 | 24 CFR 960.204 Denial of Admission and Termination of Tenancy of Fugitive Felons (FR-4758) | 2577-AC38 |
| 1009 | 24 CFR 964 Resident Participation in Public and Section 8 Housing (FR-4657) | 2577-AC26 |
| 1010 | 24 CFR 970 Public Housing Demolition and Disposition (FR-4598) | 2577-AC20 |
| 1011 | 24 CFR 972 Conversion of Developments From Public Housing Stock; Methodology for Comparing Costs of Public Housing and Tenant-Based Assistance (FR-4718) | 2577-AC33 |
| 1012 | 24 CFR 1000 Implementation of Summary Revisions to NAHASDA (FR-4750) | 2577-AC37 |
| 1013 | 24 CFR 1000 NAHASDA Housing Assistance for Native Hawaiians (FR-4668) | 2577-AC27 |
| Office of Public and Indian Housing—Final Rule Stage | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 1014 | 24 CFR 5 Implementation of Public Law 106-504: Eligibility of Citizens of the Freely Associated States for Federally Assisted Housing (FR-4754) | 2577-AC35 |
| 1015 | 24 CFR 903 Public Housing Agency Plans: Deconcentration - Amendment to Established Income Range Definition (FR-4677) | 2577-AC31 |
| 1016 | 24 CFR 906 Public Housing Homeownership Programs (FR-4504) | 2577-AC15 |
| 1017 | 24 CFR 941 Public Housing Development Total Development Cost (TDC) (FR-4489) | 2577-AC05 |
| 1018 | 24 CFR 972 Required Conversion of Development From Public Housing Stock (FR-4475) | 2577-AC01 |
| 1019 | 24 CFR 972 Voluntary Conversion of Developments From Public Housing Stock (FR-4476) | 2577-AC02 |
| 1020 | 24 CFR 982 Section 8 Housing Choice Voucher Program; Expansion of Payment Standards Protection (FR-4586) | 2577-AC18 |
| 1021 | 24 CFR 982 Section 8 Homeownership Program; Pilot Program for Homeownership Assistance for Disabled Families (FR-4661) | 2577-AC24 |
| 1022 | 24 CFR 982 Section 8 Homeownership Program: Downpayment Assistance Grants and Streamlining Amendments (FR-4670) | 2577-AC28 |
| 1023 | 24 CFR 982 Exception Payment Standard to Offset Increase in Utility Costs In the Housing Choice Voucher Program (FR-4672) | 2577-AC29 |
| 1024 | 24 CFR 982 Housing Choice Voucher Program Homeownership Option: Eligibility of PHA-owned or Controlled Units (FR-4759) | 2577-AC39 |
| 1025 | 24 CFR 983 Project-Based Voucher Program (FR-4636) | 2577-AC25 |
| 1026 | 24 CFR 985 Revisions to SEMAP Lease-Up Indicator (FR-4604) | 2577-AC21 |
| Office of Public and Indian Housing—Long-Term Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 1027 | 24 CFR 990 Operating Fund Allocation Formula (FR-4425) | 2577-AB88 |
| Office of Public and Indian Housing—Completed Actions | Sequence Number | Title | Regulation Identification Number |
|---|---|---|
| 1028 | 24 CFR 1000 HUD Policy for the Administration of HUD Programs on Indian Reservations and Other Indian Areas (FR-4580) | 2577-AC06 |
| 1029 | 24 CFR 1005 Loan Guarantee for Indian Housing; Direct Guarantee Processing (FR-4241) | 2577-AB78 |
| Office of Public and Indian Housing—Discontinued Entries | Regulation Identification Number | Title | Date Withdrawn | Comments |
|---|---|---|---|
| 2577-AC17 | 24 CFR ch IX HOPE VI Program (FR-4530) | 03/20/2002 | Withdrawn |
| 2577-AC23 | 24 CFR 909 Public Housing Relocation Requirements (FR-4634) | 03/18/2002 | Withdrawn |
| 2577-AC30 | 24 CFR 1000 Revisions to Indian Housing Block Grant Allocation Formula (FR-4676) | 03/18/2002 | Withdrawn |
937. ¤ EXCLUSION OF VETERANS' DISABILITY BENEFITS FROM INCOME (FR-4746)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant. Major under 5 USC 801.
Legal Authority:
42 USC 1437a (b)(4)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 5.603; 24 CFR 5.609; 24 CFR 92.203; 24 CFR 583.315
Legal Deadline:
None
Abstract:
This rule would exclude service-related veterans' disability payment from the calculation of income for eligibility and tenant rent purposes in HUD assisted housing programs.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Patricia Arnaudo, Senior Housing Program Manager, Office of Public and Assisted Housing Delivery, Department of Housing and Urban Development, Office of Public and Indian Housing, 451 7th Street, SW, Washington, DC 20410
Phone: 202 708-0744
RIN:
2501-AC86
938. ¤ ADMINISTRATIVE WAGE GARNISHMENT (FR-4711)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Substantive, Nonsignificant
Legal Authority:
5 USC 5514; 28 USC 2672; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 17
Legal Deadline:
None
Abstract:
This rule will implement the authority established under the Debt Collection Improvement Act of 1996 for HUD to collect its past-due debts through administrative wage garnishments.
| Action | Date | FR Cite |
| NPRM | 03/08/02 | 67 FR 10818 |
| NPRM Comment Period End | 05/07/02 | |
| Final Action | 08/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Samuel B. Rothman, Attorney Advisor, Office of Program Enforcement, Department of Housing and Urban Development, Office of the General Counsel
Phone: 202 708-4184
RIN:
2501-AC85
939. COMMON RULE ON SUSPENSION AND DEBARMENTS (FR-4692)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 23
Legal Deadline:
None
Abstract:
This rule proposes substantive changes and amendments to the governmentwide nonprocurement common rule for debarment and suspension and the governmentwide rule implementing the Drug Free Workplace Act of 1988. This rule is part of a common rule on debarment and suspension that would limit the mandatory lower tier application of an exclusion to the first procurement level under a nonprocurement covered transaction. Also, the proposed common rule on debarment and suspension would set the dollar threshold on prohibited lower-tier procurement transactions with excluded persons at $25,000.
| Action | Date | FR Cite |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
RIN:
2501-AC81
940. SINGLE FAMILY MORTGAGE INSURANCE; TREBLE DAMAGES FOR FAILURE TO ENGAGE IN LOSS MITIGATION ACTIVITIES (FR-4553)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
12 USC 1715u; 12 USC 1735f-14; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203; 24 CFR 30
Legal Deadline:
None
Abstract:
This rule would implement sections 601(f)(g)(h) of the fiscal year 1999 HUD Appropriations Act (Pub. L. 105-276, approved October 21, 1998). These sections amend the National Housing Act, which establishes the basic framework for HUD's single family mortgage insurance programs. Specifically, section 601(f) amends section 230 of the National Housing Act (42 U.S.C. 1715u) (entitled Authority to Assist Mortgagors in Default) to provide that, upon default of an insured single family mortgage, lenders must engage in loss mitigation activities for the purpose of providing an alternative to foreclosure. Further, sections 601(g) and (h) amend section 536 of the National Housing Act (12 U.S.C. 1735f-14) (entitled Civil Money Penalties Against Mortgagees, Lenders, and Other Participants in FHA Programs) to provide for the imposition of treble civil money penalties on lenders that fail to engage in loss mitigation activities, as required under amended section 230.
| Action | Date | FR Cite |
| ANPRM | 12/06/00 | 65 FR 76520 |
| ANPRM Comment Period End | 02/05/01 | |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Joseph McCloskey, Director, Office of Single Family Asset Management, Department of Housing and Urban Development, Office of Housing, Room 9172
Phone: 202 708-1672
RIN:
2501-AC66
941. ENVIRONMENTAL REVIEW PROCEDURES FOR ENTITIES ASSUMING HUD'S ENVIRONMENTAL RESPONSIBILITIES (FR-4523)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Substantive, Nonsignificant
Legal Authority:
12 USC 1707 note; 25 USC 4115; 42 USC 1437o(i)(1); 42 USC 1437o(i)(2); 42 USC 1437x; 42 USC 3535(d); 42 USC 3547; 42 USC 4332; 42 USC 4852; 42 USC 5304 (g); 42 USC 11402; 42 USC 12588; ...
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 58; 24 CFR 574; 24 CFR 582; 24 CFR 583; 24 CFR 941; 24 CFR 968; 24 CFR 970; ...
Legal Deadline:
None
Abstract:
This rule would update the list of programs and statutory authorities for which other entities may assume HUD's environmental responsibilities and make other changes to update the regulations on assumption of HUD's environmental responsibilities.
| Action | Date | FR Cite |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Walter Prybyla, Deputy Director for Policy Environmental Review Division, Department of Housing and Urban Development, Office of Community Planning and Development
Phone: 202 708-1201
RIN:
2501-AC83
942. RULE TO CONFORM REGULATORY DEFINITIONS CIVIL RIGHTS RESTORATION ACT (FR-4587)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
42 USC 2000d-1; 42 USC 2000d-7; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 1; 24 CFR 8; 24 CFR 146
Legal Deadline:
None
Abstract:
Title VI of the Civil Rights Act of 1964 (Title VI), section 504 of the Rehabilitation Act of 1972 (Section 504), and the Age Discrimination Act of 1975 (Age Discrimination Act) prohibit discrimination on the basis of race, color, national origin, disability, and age in programs or activities that receive Federal financial assistance. In 1988, the Civil Rights Restoration Act (CRRA) added definitions of "program or activity" and "program" to Title VI, and it added a definition of "program or activity" to Section 504 and the Age Discrimination Act. The promulgation of this rule incorporates the CRRA's definition of "program or activity" and "program" into title VI, section 504, and Age Discrimination Act regulations.
| Action | Date | FR Cite |
| Final Action | 12/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Pamela Walsh, Director, Program Standards Division, Department of Housing and Urban Development, Office of Fair Housing and Equal Opportunity
Phone: 202 708-2288
RIN:
2501-AC70
943. TEMPORARY ASSISTANCE TO NEEDY FAMILIES (TANF); CONFORMING CHANGES TO ANNUAL INCOME REQUIREMENTS FOR HUD'S PUBLIC HOUSING AND SECTION 8 ASSISTANCE PROGRAMS (FR-4635)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
42 USC 1437a; 42 USC 1437c; 42 USC 1437d; 42 USC 1437f; 42 USC 1437n; 42 USC 3535(d); ...
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 5
Legal Deadline:
None
Abstract:
This rule updates and clarifies HUD's annual income requirements for its public housing and Section 8 assistance programs. Specifically, this rule clarifies that annual income includes payments under the Temporary Assistance for Needy Families (TANF) program, but only to the extent such payments qualify as "assistance" under the TANF program regulations issued by the Department of Health and Human Services and are not otherwise excluded under HUD's regulation. The clarifications will make the annual income requirements easier to understand for both program participants and public housing agencies. These changes will also ensure greater conformity between HUD's annual income requirements and the TANF program regulations. The final rule follows publication of an April 20, 2001 proposed rule, and takes into consideration the public comments received on the proposed rule.
| Action | Date | FR Cite |
| NPRM | 04/20/01 | 66 FR 20368 |
| NPRM Comment Period End | 06/19/01 | |
| Final Action | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Patricia Arnaudo, Senior Program Manager, Office of Public and Assisted Housing Delivery, Department of Housing and Urban Development, Office of Public and Indian Housing
Phone: 202 708-0744
RIN:
2501-AC77
944. UNIFORM FINANCIAL REPORTING STANDARDS FOR HUD HOUSING PROGRAMS, ADDITIONAL ENTITY FILING REQUIREMENTS (FR-4681)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Substantive, Nonsignificant
Legal Authority:
12 USC 1703; 12 USC 1709; 12 USC 1715b; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 5; 24 CFR 202
Legal Deadline:
None
Abstract:
This rule would amend HUD's regulation on Uniform Financial Reporting Standards by adding HUD Approved Title I and Title II nonsupervised lenders, nonsupervised mortgagees and loan correspondents to the covered entities required to electronically submit annual financial information to HUD prepared in accordance with generally accepted accounting principles. Under long-standing regulatory and contractual requirements, these entities already submit financial information to HUD on an annual basis.
| Action | Date | FR Cite |
| NPRM | 11/30/01 | 66 FR 50133 |
| Final Action | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Stacey Kniff, Department of Housing and Urban Development, Real Estate Assessment Center
Phone: 202 708-4932
RIN:
2501-AC80
945. HOME INVESTMENT PARTNERSHIPS PROGRAM — AMENDMENTS (FR-4111)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
42 USC 12701 to 12839; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 92
Legal Deadline:
None
Abstract:
This rule makes final a provision published for comment as part of an otherwise final rule published on August 22, 1997, with respect to rents for over-income tenants in HOME-assisted units that "float." This rule also makes other technical clarifications.
| Action | Date | FR Cite |
| NPRM | 12/11/96 | 61 FR 65298 |
| NPRM Comment Period End | 02/10/97 | |
| Final Rule | 08/22/97 | 62 FR 44838 |
| Final Rule Effective | 09/22/97 | |
| Comment Period End | 10/21/97 | |
| Final Action | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Mary Kolesar, Director, Office of Affordable Housing Programs, Department of Housing and Urban Development, Office of Community Planning and Development
Phone: 202 708-2470
RIN:
2501-AC30
946. FAIR MARKET RENTS FOR THE SECTION 8 TENANT-BASED RENTAL HOUSING AND HOMEOWNERSHIP PROGRAMS; HIGHER FAIR MARKET RENTS FOR CERTAIN FMR AREAS (FR-4606)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Economically Significant
Legal Authority:
42 USC 1437a; 42 USC 1437c; 42 USC 1437f; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 888; 24 CFR 982; 24 CFR 985
Legal Deadline:
None
Abstract:
This rule follows the interim final rule that implemented HUD's new fair market rent (FMR) policy. The new FMR policy targets relief to areas where higher FMRs are needed to help families, assisted under HUD's Housing Choice Voucher Program as well as other HUD programs, find and lease decent and affordable housing. The new FMR policy increases FMRs needed to promote residential choice, help families move closer to areas of job growth, and deconcentrate poverty. The increased FMR applies to all the HUD programs that use FMRs in that metropolitan area.
| Action | Date | FR Cite |
| Interim Final Rule | 10/02/00 | 65 FR 58870 |
| Interim Final Rule Comment Period End | 11/16/00 | |
| Interim Final Rule Effective | 12/01/00 | |
| Final Action | 12/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
State, Local
Agency Contact:
Gerald Benoit, Director, Real Estate and Housing Performance Division, Department of Housing and Urban Development, Office of Public and Indian Housing
Phone: 202 708-0477
RIN:
2501-AC75
947. ELECTRONIC DOCUMENT RETENTION AND CONSUMER DISCLOSURE REQUIREMENTS IN HUD-RELATED TRANSACTIONS (FR-4686)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
12 USC 1701 et seq; 12 USC 1715Z-13a; 12 USC 2601 to 2617; 15 USC 1701 to 1706; 15 USC 7001 to 7006; ...
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 5
Legal Deadline:
None
Abstract:
This rule will implement the Electronic Signature Act which allows agencies to issue regulations, pursuant to their existing regulatory authority, interpreting section 101 of ESIGN (15 U.S.C. 7001) and setting performance standards for the accuracy, integrity, and accessibility of electronically retained documents. The rule will set performance standards for the accessibility, integrity and accuracy of electronically retained documents.
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Koren McKenzie-John, Attorney-Advisor, Multifamily Mortgage Division, Department of Housing and Urban Development, Office of the General Counsel
Phone: 202 708-4090
RIN:
2501-AC79
948. ADJUSTMENT OF HUD'S CIVIL MONEY PENALTIES PURSUANT TO THE FEDERAL CIVIL PENALTIES INFLATION ADJUSTMENT ACT OF 1990 (FR-4555)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Substantive, Nonsignificant
Legal Authority:
28 USC 2461 note; 31 USC 3701 note
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 28; 24 CFR 30; 24 CFR 3282; 24 CFR 3500; 24 CFR 81
Legal Deadline:
None
Abstract:
This final rule would adjust for inflation the maximum amounts of HUD's civil money penalties, as required by the Federal Civil Money Penalties Inflation Adjustment Act of 1990 (28 U.S.C. 2461 note), as amended by the Debt Collection Improvement Act of 1996 (31 U.S.C. 3701 note). HUD is required to adjust the maximum amounts of its civil money penalties at least once every 4 years. HUD last adjusted these maximum amounts in a final rule that became effective October 24, 1996 (61 FR 50208). Accordingly, HUD must adjust the maximum amounts of its civil money penalties before October 24, 2000.
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
Undetermined
RIN:
2501-AC67
949. ACCESSIBILITY STANDARDS FOR DESIGN, CONSTRUCTION AND ALTERATION OF CERTAIN FACILITIES FINANCED WITH PUBLIC FUNDS (FR-4317)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
42 USC 3535(d); 42 USC 4151 et seq
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 40; 24 CFR 41
Legal Deadline:
None
Abstract:
The U.S. Architectural and Transportation Barriers Compliance Board (Access Board), of which HUD is a voting member, is revising and updating its accessibility guidelines for buildings and facilities covered by the Americans with Disabilities Act and the Architectural Barriers Act (ABA). The guidelines cover new construction and alterations and serve as the basis for enforceable standards issued by other Federal agencies, including HUD. HUD, as one of the four standard setting agencies, must adopt standards that are equivalent to or stricter than those guidelines issued by the Access Board. Thus, HUD must both update its regulations for the ABA at 24 CFR 40 and 41, and must also update/replace its Uniform Federal Accessibility Standards (UFAS) with standards equivalent to or stricter than the Access Board's guidelines.
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Milton Turner, Director, Program Compliance and Disability Rights Support Division, Department of Housing and Urban Development, Office of Fair Housing and Equal Opportunity
Phone: 202 708-2333
RIN:
2501-AC47
950. THE SECRETARY OF HUD'S REGULATION OF FANNIE MAE AND FREDDIE MAC; PROHIBITING THE PURCHASE OF CERTAIN LOANS WITH HIGH COSTS AND/OR PREDATORY FEATURES (FR-4614)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant. Major under 5 USC 801.
Legal Authority:
12 USC 1451 et seq; 12 USC 1716 et seq; 12 USC 4501 et seq; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 81
Legal Deadline:
None
Abstract:
A report issued in June 2000 by HUD and the Department of Treasury entitled "Curbing Predatory Home Mortgage Lending" noted that by providing a source of funding, entities that purchase or securitize loans with high cost and/or predatory features are, knowingly or unknowingly, supporting the activities of predatory loan originators. The report recommended regulatory restrictions that would prohibit the two Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, from purchasing certain types of loans with high costs and/or predatory features altogether. Through this rulemaking, HUD will establish regulatory restrictions, consistent with the GSEs' voluntary restrictions, that will prohibit the GSEs from purchasing certain loans with high costs and/or predatory features.
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Sandra Fostek, Director, GSE, Regulatory Staff, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2224
RIN:
2501-AC76
951. ADOPTION OF REVISIONS TO OMB CIRCULAR A-110 (FR-4573)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
Legal Authority:
42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 5; 24 CFR 44; 24 CFR 45; 24 CFR 84; 24 CFR 85
Legal Deadline:
None
Abstract:
This document presents the final revision to the codification, at 24 CFR part 84, of Office of Management and Budget (OMB) Circular A-110, "Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Nonprofit Organizations." OMB issued a final revision to Circular A-110 on September 30, 1999, as required by Public Law 105-227. This rule provides uniform administrative requirements for all grants and cooperative agreements to institutions of higher education, hospitals, and other nonprofit organizations. FR-4258 (RIN 2501-AC39), which makes final an interim rule that adopted revised OMB Circular A-133 to obtain consistency and uniformity among Federal agencies for the audit of States, local governments, and nonprofit organizations expending Federal awards, is also merged with this rule.
| Action | Date | FR Cite |
| Interim Final Rule | 05/11/00 | 65 FR 30498 |
| Interim Final Rule Effective | 06/12/00 | |
| Interim Final Rule Comment Period End | 07/10/00 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Barbara Dorf, Director, Office of Departmental Grants Management and Oversight, Department of Housing and Urban Development, Office of Administration
Phone: 202 708-0667
RIN:
2501-AC68
952. AMENDMENTS TO HUD'S CIVIL MONEY PENALTY REGULATIONS (FR-4399)
Agency:
Department of Housing and Urban Development (HUD)/Office of the Secretary (HUDSEC)
Priority:
Other Significant
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 30
| Reason | Date | FR Cite |
| Final Action | 12/06/01 | 66 FR 63436 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Dane Narode
Phone: 202 708-2350
RIN:
2501-AC56
953. ¤ FHA APPRAISER WATCH INITIATIVE (FR-4744)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1701 to 1715z-18; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 200.208
Legal Deadline:
None
Abstract:
This notice requests comments on issues related to the implementation of the Federal Housing Administration (FHA) Appraiser Watch Initiative. Through the Appraiser Watch Initiative, HUD plans to establish and monitor a performance standard that appraisers must meet to maintain their status on the Appraiser Roster. HUD is considering an approach modeled on FHA's Credit Watch Termination Initiative that would provide for an electronic, fully computerized Appraiser Watch monitoring system, and would permit an appraiser to be removed from the Roster if the rate of defaults and claims on closed mortgages linked to the appraiser exceeds a rate established by HUD.
| Action | Date | FR Cite |
| ANPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH81
954. SALE OF UNOCCUPIED AND SUBSTANDARD HUD-HELD HOUSING TO LOCAL GOVERNMENTS AND COMMUNITY DEVELOPMENT ORGANIZATIONS (FR-4658)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1715z-11a; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR ch II
Legal Deadline:
None
Abstract:
This proposed rule would provide for a program to sell properties that are vacant or substandard to local governments and community development corporations. The properties must be used for community revitalization purposes, and must be held in the HUD inventory for at least 6 months.
| Action | Date | FR Cite |
| NPRM | 12/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Beverly Miller, Director, Office of Multifamily Asset Management, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-3730
RIN:
2502-AH61
955. REVISIONS TO FHA CREDIT WATCH/TERMINATION INITIATIVE (FR-4625)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1703; 12 USC 1709; 12 USC 1715b; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 202
Legal Deadline:
None
Abstract:
This rule would make several amendments to HUD's regulations for the Federal Housing Administration (FHA) Credit Watch/Termination Initiative. Under the Credit Watch/Termination Initiative, HUD identifies mortgagees with unsatisfactory performance levels and takes ameliorative action at an early stage. The proposed rule would provide that HUD will no longer provide mortgagees with written notification of Credit Watch status. Rather, mortgagees will be responsible for using HUD's Electronic Neighborhood Watch System to monitor their performance. Among other changes, the rule would also prohibit a mortgagee that has received a notice of proposed termination of its origination approval agreement from establishing a new branch for the origination of FHA-insured mortgages in the lending area covered by the proposed termination. The rule also would establish that the default and claim thresholds underlying the Credit Watch/Termination Initiative apply to both underwriting and originating mortgagees.
| Action | Date | FR Cite |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Phillip Murray, Director, Office of Lender Activities and Program Compliance, Department of Housing and Urban Development, Office of Housing, P3214, 451 7th Street SW., Washington, DC 20410
Phone: 202 708-1515
RIN:
2502-AH60
956. UPFRONT MORTGAGE INSURANCE PREMIUMS: REMITTANCE REQUIREMENTS (FR-4690)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203
Legal Deadline:
None
Abstract:
This rule will change the remittance period of mortgage insurance premiums. The rule will also implement a more precise definition of when the remittance period begins.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH67
957. PROHIBITION OF PREDATORY LENDING PRACTICES: LIMIT ON FHA SINGLE FAMILY LOAN FEES (FR-4700)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1709; 12 USC 1710; 12 USC 1715b; 12 USC 1715u; 12 USC 1715z to 1720; 42 USC 3535(d); ...
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203; 24 CFR 206
Legal Deadline:
None
Abstract:
This proposed rule would implement one of several new HUD initiatives to combat predatory lending in the Federal Housing Administration (FHA) single family mortgage insurance programs. Specifically, the proposed rule would limit the fees that may be charged on FHA-insured single family mortgages. The maximum amount would include charges paid by the seller and lender on behalf of the borrower. The proposed fee limits would exclude legitimate fees paid to service providers, reasonable and customary discount charges and certain prepaid expenses. The proposed cap on fees will protect FHA borrowers from becoming unwitting victims of excessive, frequently hidden, loan fees and charges.
| Action | Date | FR Cite |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
Businesses
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH70
958. ¤ LIMITATION OF FHA-INSURED LOANS TO NONPROFIT AGENCIES (FR-4702)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203.18; 24 CFR 203.36; 24 CFR 291.210(a)
Legal Deadline:
None
Abstract:
This rule limits nonprofit corporations to ten outstanding single-family insured loans at any one time. In addition, the rule limit nonprofits to loans secured by properties with no more than one dwelling unit.
| Action | Date | FR Cite |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
Organizations
Government Levels Affected:
None
Agency Contact:
Margaret Burns, Director, Program Support Division, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-0317
RIN:
2502-AH71
959. ¤ AMENDMENTS TO THE SECTION 203(K) REHABILITATION LOAN INSURANCE PROGRAM (FR-4701)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1709; 12 USC 1710; 12 USC 1715b; 12 USC 1715u; 42 USC 3535 (d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203
Legal Deadline:
None
Abstract:
This proposed rule would make two amendments to HUD's regulations for the Section 203(k) Rehabilitation Loan Insurance Program. The 203(k) Program is the Federal Housing Administration's (FHA's) primary program for the rehabilitation and repair of single family properties. The proposed rule would limit 203(k) rehabilitation loan insurance to one-unit properties. HUD also proposes to cap the total cost of rehabilitation to twenty percent of the single family mortgage limit established by HUD for a one-unit home in a "high cost area." These changes would simplify the 203(k) Program for both lenders and homebuyers, and strengthen HUD's capacity to safeguard the FHA mortgage insurance fund.
| Action | Date | FR Cite |
| NPRM | 07/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
Businesses, Organizations
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH73
960. ¤ FHA INSPECTOR ROSTER (FR-4720)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203.60
Legal Deadline:
None
Abstract:
This rule establishes the criteria for inclusion on, and removal from, the FHA Inspector Roster. FHA officials will review the credentials of individuals desiring placement on this Roster or recertification to the Roster. The rule also identifies when a mortgagee must use the services of those individuals appearing on the Roster.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH76
961. ¤ LENDER ACCOUNTABILITY FOR APPRAISALS (FR-4722)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1708 to 1710; 12 USC 1715b; 12 USC 1715u; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 25; 24 CFR 203
Legal Deadline:
None
Abstract:
This rule would clarify and strengthen HUD's regulations concerning the responsibilities of lenders in assuring the quality of Federal Housing Administration (FHA) appraisals. First, the rule would codify HUD's policy that lenders are responsible, equally with appraisers, for the quality of appraisals on properties that secure FHA insured mortgages. Further, the rule clarifies that lenders are subject to sanction by the HUD Mortgagee Review Board for submitted appraisals that are inconsistent with FHA requirements. HUD believes these proposed changes will help ensure that homebuyers receive an accurate statement of value. These changes also will ensure that an accurate appraised value is received for calculating the maximum mortgage amount that can be insured, which will in turn better protect the FHA mortgage insurance funds.
| Action | Date | FR Cite |
| NPRM | 05/00/02 | |
| NPRM Comment Period End | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
Businesses
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH78
962. ¤ UP-FRONT MORTGAGE INSURANCE PREMIUMS FOR LOANS INSURED UNDER 24 CFR 203(K) AND 234(C) (FR-4749)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1709(c); 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203.50; 24 CFR 203.84; 24 CFR 203.85
Legal Deadline:
None
Abstract:
This rule amends 24 CFR Part 203 to require an up-front payment at the beginning of the loan of the insurance premium for loans insured under sections 203(k) and 234(c) of the National Housing Act. Formerly, these loans required only monthly premium payments.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
James Beavers, Loan Specialist (Realty), Department of Housing and Urban Development, Office of Housing, Room 9270, 451 7th Street, SW, Washington, DC 20410
Phone: 202 708-2121
RIN:
2502-AH82
963. ¤ ELIGIBILITY OF ADJUSTABLE RATE MORTGAGES (ARMS) (FR-4745)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1715z-16; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 203.49
Legal Deadline:
None
Abstract:
This rule would implement section 206 of HUD's FY 2002 Appropriations Act and enhance home buying opportunities through additional product offerings, "hybrid ARMs," tailored to the financial conditions of lenders. Except for additional provisions for the frequency and magnitude of the interest rate changes, these products would be subject to existing regulatory requirements at 24 CFR 203.49.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH84
964. ¤ AGREEMENTS FOR USING FHA'S TOTAL MORTGAGE SCORECARD (FR-4717)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
42 USC 3535(d); 12 USC 1709, 1710, 1715b and 1715y
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 207, 255
Legal Deadline:
None
Abstract:
On December 6, 2000, the Department issued a notice in the Federal Register regarding its intention to deploy its recently developed mortgage scorecard and replace any and all proprietary scorecards developed by system vendors with the Technology Open to All Lenders (TOTAL) mortgage scorecard. FHA has developed a draft Use Agreement which sets forth the requirements and responsibilities for implementation and use of the FHA TOTAL Scorecard by qualified lenders, government sponsored enterprises and their contractors, sponsors, loan correspondents and authorized agents that purchase, sell, underwrite or document HUD/FHA mortgage loans for lenders under HUD/FHA/s Direct Endorsement procedures for various HUD/FHA mortgage insurance programs (hereinafter "Lenders"). This regulation will announce this fact to automated underwriting system vendors and mortgage lenders.
| Action | Date | FR Cite |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH75
965. ¤ FHA APPROVAL OF CONDOMINIUM DEVELOPMENTS LOCATED IN THE COMMONWEALTH OF PUERTO RICO FOR MORTGAGE INSURANCE UNDER THE SECTION 234(C) PROGRAM (FR-4713)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Substantive, Nonsignificant
Legal Authority:
12 USC 1715b; 12 USC 1715y; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 234
Legal Deadline:
None
Abstract:
This rule would amend the Department's regulations under part 234 to provide that the date of recordation for purposes of obtaining FHA approval of a condominium development in the Commonwealth of Puerto Rico for mortgage insurance under the 234(c) program is the date the condominium legal documents are presented to the Commonwealth Registry of the Property.
| Action | Date | FR Cite |
| NPRM | 06/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AH80
966. SECTION 236 EXCESS RENTAL CHARGES (FR-4689)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1715z-1; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 236
Legal Deadline:
None
Abstract:
This rule would establish the terms and conditions to permit owners of projects receiving section 236 rental assistance to participate in retaining some or all of their excess charges for project use. In addition, it would permit owners to retain excess charges for non-project use after a determination by HUD that the project is well maintained housing in good condition and that the owner has not engaged in material adverse financial or managerial actions or omissions.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Janice Nimmer, Housing Project Manager, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-3944
RIN:
2502-AH68
967. TENANT PARTICIPATION IN STATE-FINANCED, HUD-ASSISTED HOUSING DEVELOPMENTS (FR-4611)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1715z-1a; 12 USC 1715z-1b; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 245
Legal Deadline:
None
Abstract:
HUD's current regulations protecting the statutory right of tenants in HUD-assisted and insured multifamily housing developments to organize and participate in the operation of the development do not currently cover State-financed housing developments that receive assistance under certain HUD programs. However, the statutory right of tenants to organize includes those State-financed housing developments. This rule will extend the protection of tenant organization to include State-financed developments assisted under certain HUD programs.
This rule also makes a minor technical correction to a citation in the existing tenant participation regulation. Section 245.135(a)(3) of the rule intended to cross-reference 24 CFR part 24, subpart G; the CFR part was omitted.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Willie Spearmon, Director, Office of Housing Assistance and Grant Administration, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-3000
RIN:
2502-AH55
968. DISPOSITION OF HUD-OWNED SINGLE FAMILY ASSETS IN REVITALIZATION AREAS (FR-4471)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1701 et seq; 12 USC 1710(h); 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 291
Legal Deadline:
NPRM, Statutory, October 21, 2000.
Abstract:
This rule would implement section 602 of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act, 1999 (Pub. L. 105-276, 112 Stat. 2519, approved October 21, 1998). Section 602 directs HUD to carry out a program under which HUD-owned homes and mortgages are made available in a manner that promotes expanded homeownership opportunities in designated revitalization areas. Under section 602, the Secretary will designate revitalization areas, in consultation with affected units of general local government and interested nonprofit organizations. Section 602 provides that the Secretary shall provide a preference in the sale of HUD-owned homes and mortgages to nonprofit organizations or to the unit of general local government having jurisdiction in the revitalization area.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Thomas Thompson, Office of Single Family Asset Management, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-3175
RIN:
2502-AH40
969. ¤ DISPOSITION OF HUD-ACQUIRED SINGLE FAMILY PROPERTY; OFFICER/TEACHER NEXT DOOR SALES PROGRAMS (FR-4712)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1701 et seq; 42 USC 1441; 42 USC 1441a; 42 USC 1551a; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 291, subpart F
Legal Deadline:
None
Abstract:
This rule codifies the policies and procedures concerning the Teacher Next Door (TND) Sales Program. The TND Sales Program has been operating since December 7, 1999 as a temporary program. This rule establishes the TND Sales Program as a permanent part of HUD's single family property disposition program. Through the TND Sales Program, HUD makes HUD-acquired single family properties available to eligible teachers for purchase at a discount from the list price. The TND Sales Program is closely modelled after HUD's Officer Next Door (OND) Sales Program, which provides the same benefits to eligible law enforcement officers. In addition to codifying the TND Sales Program, the rule would also clarify and revise certain requirements applicable to both the OND and TND Sales Programs. Among other such changes, the proposed rule would: (1) expand eligibility for the OND Sales Program to include Native American tribal police officers; (2) cap the total number of HUD-acquired homes that will be sold in a fiscal year under the OND/TND Sales Program; (3) establish new requirements regarding refinancing.
| Action | Date | FR Cite |
| NPRM | 08/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
Governmental Jurisdictions, Organizations
Government Levels Affected:
State, Local, Tribal
Agency Contact:
Joseph McCloskey, Director, Office of Single Family Asset Management, Department of Housing and Urban Development, Office of Housing, Room 9172
Phone: 202 708-1672
RIN:
2502-AH72
970. ¤ SPECIAL RENT ADJUSTMENTS (FR-4721)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
42 USC 1437a; 42 USC 1437c; 42 USC 2437f; 42 USC 3535(d); 42 USC 12701; 42 USC 13611-13619; ...
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 880; 24 CFR 886
Legal Deadline:
None
Abstract:
The purpose of this rule is to conform the regulatory language that governs special rent adjustments for Section 8 New Construction, Substantial Rehabilitation, State Agency, Loan Management and Property Disposition contracts with the statutory language that allows special rent adjustments for increases in real property taxes, utility rates or similar costs.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Peter J. Giaquinto, Housing Project Manager, Department of Housing and Urban Development, Office of Housing, Washington, DC 20410
Phone: 202 708-2866
RIN:
2502-AH77
971. ¤ MIXED FINANCE DEVELOPMENT FOR SUPPORTIVE HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES (FR-4725)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
Section 831-834 American Homeownership and Economic Opportunity Act of 2000
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 891
Legal Deadline:
None
Abstract:
This rule permits for-profit limited partners to partner with a non-profit general partner in developing assisted housing for elderly and disabled using a mixed finance model, where HUD funding and non-Federal funding sources are combined in a single project. This rule would implement this program, providing for rules for the use of different funding sources, application procedures, procedures for the dispersal of funds, and other matters involved in program implementation.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Aretha Williams, Housing Project Manager, Department of Housing and Urban Development, Office of Housing, Room 6142, Washington, DC 20410
Phone: 202 708-2866
RIN:
2502-AH83
972. IMPLEMENTATION OF MANUFACTURED HOUSING IMPROVEMENT ACT OF 2000 (FR-4665)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
PL 106-569, title VI; 42 USC 5424; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 3280; 24 CFR 3282
Legal Deadline:
None
Abstract:
On December 27, 2000, the Manufactured Housing Improvement Act of 2000 was approved. This Act establishes a consensus rulemaking process for HUD's manufactured housing program, and provides for the establishment of installation, dispute resolution programs, and fees among other things. As a result of this new statute, amendments are necessary to HUD's existing Manufactured Housing Program regulations.
| Action | Date | FR Cite |
| NPRM | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
No
Government Levels Affected:
None
Agency Contact:
Elizabeth Cocke, Acting Director, Office of Consumer and Regulatory Affairs, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-6409
RIN:
2502-AH62
973. ¤ RESPA - IMPROVING THE PROCESS FOR OBTAINING MORTGAGES (FR-4727)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Economically Significant. Major status under 5 USC 801 is undetermined.
Legal Authority:
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 3500 et seq
Legal Deadline:
None
Abstract:
This rule would amend HUD's RESPA regulations to improve the disclosure of mortgage costs to consumers.
| Action | Date | FR Cite |
| NPRM | 08/00/02 |
Regulatory Flexibility Analysis Required:
Undetermined
Small Entities Affected:
No
Government Levels Affected:
Undetermined
Federalism:
Undetermined
Agency Contact:
Kenneth A. Markison, Assistant General Counsel for GSE/RESPA, Department of Housing and Urban Development, Office of the General Counsel
Phone: 202 708-3137
RIN:
2502-AH85
974. DELEGATION OF INSURING AUTHORITY TO DIRECT ENDORSEMENT MORTGAGEES (FR-4169)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1709; 12 USC 1701 to 1720; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 200; 24 CFR 202; 24 CFR 203; 24 CFR 206
Legal Deadline:
None
Abstract:
This rule would make final the June 2, 1997 interim rule that implemented the Lender Insurance program, which reflects the Secretary's authority to delegate the issuance of Mortgage Insurance Certificates (MICs) to mortgagees that are approved under the Direct Endorsement program. This rule provides that eligible mortgagees that participate in the Lender Insurance program will be responsible for conducting a pre-endorsement review during the origination of their single family mortgage loans and they will be responsible for endorsing the mortgages for insurance. Delegating this insurance authority through the Lender program is a more efficient and less burdensome process for providing single family mortgage insurance. This final rule follows publication of the June 2, 1997 interim rule, and takes into consideration the public comments received on the interim rule.
| Action | Date | FR Cite |
| Interim Final Rule | 06/02/97 | 62 FR 30222 |
| Interim Final Rule Effective | 07/02/97 | |
| Interim Final Rule Comment Period End | 08/01/97 | |
| Final Action | 12/00/02 |
Regulatory Flexibility Analysis Required:
No
Government Levels Affected:
None
Agency Contact:
Vance Morris, Director, Office of Single Family Program Development, Department of Housing and Urban Development, Office of Housing
Phone: 202 708-2121
RIN:
2502-AG87
975. NONPROFIT ORGANIZATION PARTICIPATION IN CERTAIN FHA SINGLE FAMILY ACTIVITIES; PLACEMENT AND REMOVAL PROCEDURES (FR-4585)
Agency:
Department of Housing and Urban Development (HUD)/Office of Housing (OH)
Priority:
Other Significant
Legal Authority:
12 USC 1702 to 1715z-21; 42 USC 3535(d)
CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)
24 CFR 200
Legal Deadline:
None
Abstract:
This rule establishes regulatory placement and removal procedures for HUD's Nonprofit Organization Roster. The Roster lists nonprofit organizations that HUD has determined are qualified to participate in certain specified Federal Housing Administration (FHA) single family activities. These activities may include acting as a mortgagor; purchasing HUD's Real Estate Owned Properties (HUD Homes) at a discount; providing secondary financing; and imposing legal restrictions on conveyance as part of affordable housing programs. Presently, there are no regulatory procedures for placing a nonprofit organization on, nor for removing a poorly performing nonprofit organization from, the Roster. The establishment of these placement and removal procedures will better protect participants in the FHA single family programs and safeguard FHA insurance funds. This rule follows publication of a September 17, 2001 proposed rule, and takes into consideration the two public comments received on the proposed rule. After careful consideration of the comments, HUD has decided to adopt the proposed rule without change.
| Action | Date | FR Cite |
| NPRM | 09/17/01 | 66 FR 48080 |
| NPRM Comment Period End | 11/16/01 | |
| Final Action | 05/00/02 |
Regulatory Flexibility Analysis Required:
No
Small Entities Affected:
Organizations
Government Levels Aff