Notice of Availability of Funds; Multi-Family Housing, Single Family Housing

DEPARTMENT OF AGRICULTURE

Rural Housing Service

Notice of Availability of Funds; Multi-Family Housing, Single

Family Housing

AGENCY: Rural Housing Service, USDA.

ACTION: Notice.

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SUMMARY: The Rural Housing Service (RHS) announces the availability of

housing funds for fiscal year 2000 (FY 2000). This action is taken to

comply with 42 U.S.C. 1490p which requires that RHS publish in the

Federal Register notice of the availability of any housing assistance.

EFFECTIVE DATE: December 21, 1999.

FOR FURTHER INFORMATION CONTACT: Carl Wagner, Director, Multi-Family

Housing Processing Division, (STOP 0781), or Scott Barringer, Senior

Loan Officer, Single Family Housing Processing Division, (STOP 0783),

U.S. Department of Agriculture, 1400 Independence Ave., SW.,

Washington, DC, 20250, telephones (202) 720-1604, and (202) 720-1474,

respectively. (These are not toll free numbers).

SUPPLEMENTARY INFORMATION:

Programs Affected

The following programs are subject to the provisions of Executive

Order 12372 that requires intergovernmental consultation with State and

local officials. These programs or activities are listed in the Catalog

of Federal Domestic Assistance under Nos.

10.405 Farm Labor Housing (LH) Loans and Grants

10.410 Very Low to Moderate Income Housing Loans

10.411 Rural Housing Site Loans and Self-Help Housing Land Development

Loans

10.415 Rural Rental Housing Loans

10.417 Very Low Income Housing Repair Loans and Grants

10.420 Rural Self-Help Housing Technical Assistance

10.427 Rural Rental Assistance Payments

10.433 Rural Housing Preservation Grants

10.442 Housing Application Packaging Grants

Discussion of Notice

Part 1940, subpart L of 7 CFR contains the ``Methodology and

Formulas for Allocation of Loan and Grant Program Funds.'' The

following guidance has been provided to our State offices on FY 2000

appropriations and access to funds. Separate guidance has been provided

to our State offices for assistance available in our Multi-and Single-

Family Housing programs as follows:

Multi-Family Housing (MFH)

I. General

A. This provides guidance on MFH funding for the Rural Rental

Housing program (RRH) for FY 2000. Allocation computations have been

performed in accordance with 7 CFR 1940.575 and 1940.578. For FY 2000,

State Directors, under the Rural Housing Assistance Grants (RHAG), will

have the flexibility to transfer their initial allocations of budget

authority between the Single Family Housing (SFH) section 504 Rural

Housing Grants and section 533 Housing Preservation Grant (HPG)

programs.

B. MFH loan and grant levels for FY 2000 are as follows:

MFH Loan Programs Credit Sales.......................... $1,250,000

Section 514 Farm Labor Housing (LH) loans.............. 25,001,005

Section 515 Rural Rental Housing (RRH) loans........... 114,322,076

Section 521 Rental Assistance (RA)..................... 634,100,000

Section 516 LH grants.................................. \1\ 13,990,844

Sections 525 Technical and Supervisory Assistance \1\ 2,033,563

grants: (TSA) and 509 Housing Application Packaging

grants (HAPG) (Shared between single and multi-family

housing)...............................................

Section 533 Housing Preservation grants (HPG).......... \1\ 5,515,344

Section 538 Guaranteed Rural Rental Housing program.... 100,000,000

Natural Disaster Funds (section 514 loans).............. 4,974,574

Natural Disaster Funds (section 516 grants)............. 3,000,000

\1\ Includes carryover.

II. Funds Not Allocated to States

A. Credit Sales Authority

For FY 2000, $1,250,000 will be set aside for credit sales to

program and nonprogram buyers. Credit sale funding will not be

allocated by State.

B. Section 538 Guaranteed Rural Rental Housing Program

Guaranteed loan funds will be made available under a Notice of

Funding Availability (NOFA) being published in this Federal Register.

Additional guidance will be provided at that time.

C. Natural Disaster Funds

Funds are available until exhausted to those States that have

received a Presidential Declaration.

III. Farm Labor Housing (LH) Loans and Grants

A. Section 514 Farm LH Loans

1. These loans are funded in accordance with 7 CFR 1940.579(a).

FY 2000 Appropriation................................... $25,001,105

Available for Off-Farm Loans............................ 20,501,000

Available for On-Farm Loans............................. 1,500,000

National Office Reserve................................. 3,000,105

2. Off-farm loan funds will be made available under a NOFA being

published in this Federal Register. Additional guidance will be

provided in the NOFA.

B. Section 516 Farm LH Grants

1. Grants are funded in accordance with 7 CFR 1940.579(b).

Unobligated prior year balances and cancellations will be added to the

amount shown.

FY 2000 Appropriation (includes carryover).............. $13,990,844

Available for LH Grants for off-farm.................... 9,150,000

Available for Technical Assistance Grants............... 1,350,000

National Office Reserve................................. 3,490,844

2. Labor Housing grant funds for off-farm will be made available

under a NOFA being published in this Federal Register. Additional

guidance will be provided in the NOFA.

3. Technical assistance grants will be made available under a NOFA

being published in this Federal Register. Additional guidance will be

provided in the NOFA.

C. Rental Assistance for LH

Labor Housing RA will be held in the National office for use with

LH loan and grant applications. RA is only available with an LH loan of

at least 5 percent of the total development cost. Projects without a LH

loan cannot receive RA.

IV. Section 515 RRH Loan Funds

FY 2000 section 515 Rural Rental Housing allocation $114,322,076

(Total)................................................

New Construction funds and set-asides................. 49,783,694

New construction loans.............................. 22,500,000

Set-aside for nonprofits............................ 10,288,987

Set-aside for underserved counties and colonias..... 5,716,104

Earmark for EZ, EC, or REAP Zones................... 9,778,603

State RA designated reserve......................... 1,500,000

Rehab and repair funds and equity..................... 55,000,000

Rehab and repair loans.............................. 50,000,000

Designated equity loan reserve...................... 5,000,000

General reserve......................................... 9,538,382

[[Page 71593]]

A. New Construction Loan Funds

New construction loan funds will be made available using a national

NOFA being published in this Federal Register. Upon closing of the

NOFA, States will submit a list, in rank order of the eligible

projects.

B. National Office New Construction Set-Asides

The following legislatively mandated set-asides of funds are part

of the National office set-aside:

1. Nonprofit Set-aside An amount of $10,288,987 has been set aside

for nonprofit applicants. All Nonprofit loan proposals must be located

in designated places as defined in RD Instruction 1944-E.

2. Underserved Counties and Colonias Set-Aside. An amount of

$5,716,104 has been set aside for loan requests to develop units in one

of the underserved 100 most needy counties or colonias as defined in

section 509(f) of the Housing Act of 1949 as amended. Priority will be

given to proposals to develop units in colonias or tribal lands.

3. EZ, EC or REAP Zone Earmark. An amount of $9,778,603 has been

earmarked for loan requests to develop units in EZ or EC communities or

REAP Zones until June 30, 2000.

C. Rental Assistance (RA)

Limited new construction RA will be held in the National office for

use with section 515 Rural Rental Housing loans.

D. Designated Reserves for State RA

An amount of $1.5 million of section 515 loan funds has been set

aside for matching with projects in which an active State sponsored RA

program is available. The State RA program must be comparable to the

RHS RA program.

E. Repair and Rehabilitation Loans

Tenant health and safety continues to be a top priority. Repair and

rehabilitation funds must be first targeted to RRH facilities that have

physical conditions that effect the health and safety of tenants and

then made available to facilities that have deferred maintenance. All

funds will be held in the National office and will be distributed based

upon indicated rehabilitation needs in the MFH survey conducted in

September 1999.

F. Designated Reserve for Equity Loans

An amount of $5 million has been designated for the equity loan

preservation incentive described in RD Instruction 1965-E. The $5

million will be further divided into $4 million for equity loan

requests currently on the pending funding list and $1 million to

facilitate the transfer of properties from for-profit owners to

nonprofit corporations and public bodies. Funds for such transfers

would be authorized only for for-profit owners who are currently on the

pending funding list who agree to transfer to nonprofit corporations or

public bodies rather than to remain on the pending list. If

insufficient transfer requests are generated to utilize the full $1

million set aside for nonprofit and public body transfers, the balance

will revert to the existing pending equity loan funding list.

G. General Reserve

There is one general reserve fund of $9,538,382. Some examples of

immediate allowable uses include, but are not limited to hardships and

emergencies, RH cooperatives or group homes, or RRH preservation.

V. Section 533 Housing Preservation Grants (HPG).

Total Available......................................... $5,515,344

Less General Reserve.................................... 550,000

Less Earmark for EZ, EC or REAP Zones................... 600,000

Total Available for Distribution........................ 4,365,344

Amount available for allocation. See end of this Notice for HPG

State allocations. Fund availability will be announced in a NOFA being

published in this Federal Register.

The amount of $600,000 is earmarked for EZ, EC or REAP Zones until

June 30, 2000.

Single Family Housing (SFH)

I. General

A. This notice provides SFH allocations for FY 2000. Allocation

computations have been made in accordance with 7 CFR 1940.563 through

1940.568. Information on basic formula criteria, data source and

weight, administrative allocation, pooling of funds, and availability

of the allocation are located on a chart at the end of this notice.

B. The SFH levels authorized for FY 2000 are as follows:

Section 502 Guaranteed Rural Housing (RH) loans: $3,200,000,000

Nonsubsidized guarantees............................

Section 502 Direct RH loans:

Very Low-Income loans............................ 484,000,000

Low-Income loans................................. 616,000,000

Credit Sales (program and non program)............... 6,254,888

Section 504 Housing Repair loans.................... 32,395,288

Section 504 Housing Repair grants................... \1\ 25,650,573

Section 509 Compensation for construction defects... \1\ 1,297,169

Section 523 Mutual and Self-Help Technical \1\ 29,215,509

Assistance and grants...............................

Section 523 Self-Help Site loans.................... 5,008,912

Section 524 RH Site loans........................... 5,000,000

Section 306C Water and Waste Disposal (WWD) grants.. 1,889,621

Sections 525 Technical and Supervisory Assistance \1\ 2,033,563

grants: (TSA) and 509 Housing Application Packaging

grants (HAPG) (Shared Between Single and Multi-

Family Housing).....................................

Natural Disaster Funds (section 502 loans)........... 60,716,817

Natural Disaster Funds (section 504 loans)........... 15,619,877

Natural Disaster Funds (section 504 grants).......... 11,591,985

\1\ Includes carryover.

C. SFH funding not allocated to States are:

1. Credit Sale Authority. States will use loan funds to finance

program Real Estate Owned (REO) sales to program applicants when all

credit sale authority is exhausted.

2. Section 509 Compensation for Construction Defects. All claims

for compensation for construction defects must be submitted to the

National office for authorization prior to approval.

3. Section 523 Mutual and Self-Help Technical Assistance Grants.

$28 million has been appropriated for section 523 Mutual and Self-Help

Technical Assistance Grants. Of these funds, $1 million is earmarked

for EZ, EC or REAP Zones until June 30, 2000. The State Director must

request funding approval from the National office for all requests. A

technical review and analysis must be completed by the Technical and

Management Assistance (T&MA) contractor on all predevelopment, new, and

existing (refunding) grant applications.

4. Section 523 Mutual and Self-Help Site Loans and Section 524 RH

Site Loans. The State Director must request funding authority from the

National office prior to obligating loan funds.

5. Section 306C WWD Grants to Individuals in Colonias. The

objective of the section 306C WWD individual grant program is to

facilitate the use of community water or waste disposal systems for the

residents of the colonias along the U.S.-Mexico border.

The total amount available to Arizona, California, New Mexico, and

Texas will

[[Page 71594]]

be $1,889,621 for FY 2000. This amount includes the carryover

unobligated balance of $389,621 and the transferred amount of $1.5

million from the Rural Utilities Service (RUS) to RHS for processing

individual grant applications. These States will have access to the

equal quarterly allocation distributions.

6. Section 525 Technical and Supervisory Assistance (TSA) and

Section 509 Housing Application Packaging Grants (HAPG). $1 million of

new funds and $1,033,563 of carry-over funds from previous years remain

available for the TSA and HAPG programs. State Directors should submit

proposals from potential applicants to the National office for review

and concurrence prior to authorizing an application. The 29 eligible

States under HAPG that have active grantees operating will be able to

access up to $5,000 for section 502 or 504 loan and grant programs in

order to continue operations. Reserve requests will be considered on a

first-come, first-served basis.

7. Natural Disaster Funds. Funds are available until exhausted to

those States that have received a Presidential Declaration.

8. Deferred Mortgage Payment Demonstration. There is no FY 2000

funding provided for deferred mortgage authority or loans for deferred

mortgage assumptions.

9. Section 502 Direct Funds for Families Not Qualifying for

Payment Assistance. Funds from State's allocation may be used for

qualified very low- and low-income applicants when the payment

assistance formula shows there is no need for the subsidy.

II. State Allocations

A. Section 502 Nonsubsidized Guaranteed RH (GRH) Loans

1. Amount Available for Allocation.

Total Available....................................... $3,200,000,000

Less National Office General Reserve.................. 630,000,000

Less Special Outreach Area Reserve.................... 270,000,000

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

Basic Formula--Administrative Allocation.............. 2,300,000,000

2. National Office General Reserve. The Administrator may restrict

access to this reserve for States not meeting their goals in special

outreach areas.

3. Reservation of Funds. Because it is anticipated that demand will

exceed available funds, States must use the reservation of funds system

per Sec. 1980.351 of RD Instruction 1980-D.

4. Special Outreach Areas. FY 2000 GRH funding is allocated to

States in two funding streams (80/20) similar to the 60/40 income split

for direct SFH funds. Eighty percent of GRH funds may be used in any

eligible area. Twenty percent of GRH funds are to be used in special

outreach areas. Special outreach areas are counties with median incomes

at or below the State's nonmetropolitan median income. Each funding

stream will independently be subject to pooling.

5. National Office Special Area Outreach Reserve. A special

outreach area reserve fund has been established at the National office.

Funds from this reserve may only be used in special outreach areas.

6. Suballocation by the State Director. The State Director may

retain funds at the State office level or suballocate to the Area or

Field office level.

B. Section 502 Direct RH Loans

1. Amount Available for Allocation.

Total Available...................................... $1,100,000,000

Less Required Set Aside for:

Underserved Counties and Colonias.................. 55,000,000

EZ, EC and REAP Earmark............................ 60,500,000

Less General Reserve................................. 96,500,000

Administrator's Reserve............................ 30,000,000

Hardships & Homelessness........................... 3,500,000

Homeownership Partnership.......................... 60,000,000

Rural Housing Demonstration Program................ 3,000,000

Less Designated Reserve for Self-Help................ 110,000,000

Basic Formula Administrative Allocation.............. 778,000,000

2. Reserves.

a. State Office Reserve. State Directors must maintain an adequate

reserve to fund the following applications:

(i) Hardship and homeless applicants based upon historical data and

projected demand. This shall include the direct section 502 loan and

section 504 loan and grant programs.

(ii) The State's 25 percent portion of funds for Mutual Self-Help

loans.

(iii) Subsequent loans for essential improvements or repairs and

transfers with assumptions.

(iv) Financing for the purchase of program REOs when credit sale

authority has been exhausted.

(v) State Directors must ensure that not less than 25 percent of

the initial low-income allocation and 5 percent of the initial very

low-income allocation are utilized for participation in leveraging

section 502 direct loan funds.

(vi) Areas targeted by the State.

b. National Office Reserves.

(i) General Reserve. The National office has a general reserve of

$96.5 million. Of this amount, the Administrator's reserve is $30

million. One of the purposes of the Administrator's reserve will be for

loans in Indian Country. Indian Country is defined as land inside the

boundaries of Indian reservations, communities made up mainly of Native

Americans, Indian trust and restricted land, and tribal allotted lands.

The remaining reserves will be distributed as follows:

(ii) Hardship and Homelessness Reserve. $3.5 million has been set

aside for hardships and homeless.

(iii) Homeownership Partnership. $25 million has been set aside for

Homeownership Partnerships. These funds will be used to expand existing

partnerships and create new partnerships, such as the following:

(A) Department of the Treasury, Community Development Financial

Institutions (CDFI)--Funds will be available to fund leveraged loans

made in partnership with the Department of the Treasury CDFI

participants.

(B) Rural Home Loan Partnership (RHLP). Partnership initiatives

established to carry out the objectives of the National Partners in

Homeownership including the RHLP and other strategies or initiatives.

(iv) Rural Housing Demonstration Program. $3 million has been set

aside for innovative demonstration initiatives.

c. Designated Reserve for Self-Help. $110 million has been set

aside for matching funds to assist participating Self-Help applicants.

The matching funds were established on the basis of the National office

contributing 75 percent from the National office reserve and States

contributing 25 percent of their allocated section 502 RH funds.

d. Underserved Counties and Colonias. $55,000,000 has been set

aside for the 100 underserved counties and colonias.

e. Empowerment Zone (EZ) and Enterprise Community (EC) Earmark.

These funds are earmarked until June 30, 2000 for loans in EZ, EC or

REAP Zones. Further information will follow.

[[Page 71595]]

f. Reserve Requests. All National office reserve requests should be

submitted by the State Director to the National office on a case-by-

case basis.

g. State Office Pooling. If pooling is conducted within a State, it

must not take place within the first 30 calendar days of the first,

second, or third quarter. (There are no restrictions on pooling in the

fourth quarter.)

h. Suballocation by the State Director. The State Director may

suballocate to each area office using the methodology and formulas

required by 7 CFR part 1940, subpart L. If suballocated to the area

level, the Rural Development Manager will make funds available on a

first-come, first-served basis to all offices at the field or area

level. No field office will have its access to funds restricted without

the prior written approval of the Administrator.

C. Section 504 Housing Loans and Grants

Section 504 grant funds are included in the Rural Housing

Assistance Grant program (RHAG) in the FY 2000 appropriation.

1. Amount available for allocation.

Section 504 Loans:

Total Available......................................... $32,395,287

Less 5% for 100 Underserved Counties and Colonias....... 1,620,000

EZ, EC or REAP Zone Earmark........................... 7,000,000

Less General Reserve.................................. 1,500,000

Basic Formula--Administrative Allocation................ 22,276,000

Section 504 Grants:

Total Available......................................... 25,650,573

Less 5% for 100 Underserved Counties and Colonias..... 1,250,000

Less EZ, EC or REAP Earmark........................... 600,000

Less General Reserve.................................. 1,500,000

Basic Formula--Administrative Allocation................ 21,650,000

2. Reserves and Set-asides.

a. State Office Reserve. State Directors must maintain an adequate

reserve to handle all anticipated hardship applicants based upon

historical data and projected demand.

b. Underserved Counties and Colonias. $1,620,000 and $1,250,000,

respectively, have been set aside for the 100 underserved counties and

colonias until June 30, 2000 for the section 504 loan and grant

programs.

c. Empowerment Zone (EZ) and Enterprise Community (EC) Earmark

(Loan Funds Only). $7 million and $600,000, respectively, have been

earmarked until June 30, 2000 for EZ, EC or REAPs for the section 504

loan and grant programs.

d. National Office Reserve. $1.5 million for section 504 loan

hardships and $1.5 million for section 504 grant extreme hardships have

been set-aside in the general reserve. For section 504 grants, an

extreme hardship case is one requiring a significant priority in

funding, ahead of other requests, due to severe health or safety

hazards, or physical needs of the applicant.

Information on basic formula criteria, data source and weight,

administrative allocation, pooling of funds, and availability of the

allocation:

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Section 502

Number and description Nonsubsidized Section 502 Section 504 Loans and grants

guaranteed RH loans Direct RH loans

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1. Basic formula criteria, data See 7 CFR See 7 CFR See 7 CFR 1940.566(b) and

source, and weight. 1940.563(b). 1940.565(b). 1940.567(b).

2. Administrative allocation: $1,000,000.......... $1,000,000........ $1,000,000 Loan.

Western Pacific Area. $500,000 Grant.

3. Pooling of funds:

a. Mid year pooling......... If Necessary........ None Anticipated.. None Anticipated.

b. Year-end pooling......... July 14, 2000....... August 18, 2000... August 18, 2000.

c. Underserved Counties & N/A................. June 30, 2000..... June 30, 2000.

Colonias.

d. EZ & EC.................. N/A................. June 30, 2000..... June 30, 2000.

e. Credit Sales............. N/A................. June 30, 2000..... N/A.

4. Availability of the

allocation:

a. first quarter............ 50 percent.......... 50 percent........ 50 percent.

b. second quarter........... 75 percent.......... 70 percent........ 70 percent.

c. third quarter allocation. 100 percent......... 90 percent........ 90 percent.

a. first quarter............ 50 percent.......... 50 percent........ 50 percent.

b. second quarter........... 75 percent.......... 70 percent........ 70 percent.

c. third quarter............ 100 percent......... 90 percent........ 90 percent.

d. fourth quarter........... N/A................. 100 percent....... 100 percent.

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1. Data derived from the 1990 U.S. Census was provided to each

State by the National office on August 12, 1993.

2. Due to the absence of census data.

3. All dates are tentative and are as of close of business (COB).

Pooled funds will be placed in the National office reserve and made

available administratively.

4. Funds will be distributed cumulatively through each quarter

until the year-end pooling date.

Dated: December 10, 1999.

Eileen M. Fitzgerald,

Acting Administrator, Rural Housing Service.

Rural Housing Service FY2000 Multi-Family Housing, Section 533, Housing

Preservation Grant

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Formula Total

State factor allocation

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AL...................................... 0.02957 $129,083

AK...................................... 0.00587 25,625

AZ...................................... 0.01780 77,703

AR...................................... 0.02310 100,839

CA...................................... 0.04653 203,119

CO...................................... 0.00840 36,669

DE...................................... 0.00190 8,294

[[Page 71596]]

MD...................................... 0.00880 38,415

FL...................................... 0.02890 126,158

GA...................................... 0.03867 168,808

HI...................................... 0.00790 34,486

WPA..................................... 0.00647 28,244

ID...................................... 0.00743 32,435

IL...................................... 0.02250 98,220

IN...................................... 0.02157 94,160

IA...................................... 0.01340 58,496

KS...................................... 0.01130 49,328

KY...................................... 0.03483 152,045

LA...................................... 0.03170 138,381

ME...................................... 0.00913 39,856

MA...................................... 0.00793 34,617

CT...................................... 0.00453 19,776

RI...................................... 0.00100 4,365

MI...................................... 0.02977 129,956

MN...................................... 0.01673 73,032

MS...................................... 0.03180 138,818

MO...................................... 0.02460 107,387

MT...................................... 0.00620 27,065

NE...................................... 0.00713 31,125

NV...................................... 0.00263 11,481

NJ...................................... 0.00657 28,680

NM...................................... 0.01437 62,730

NY...................................... 0.02753 120,178

NC...................................... 0.04497 196,310

ND...................................... 0.00413 18,029

OH...................................... 0.03450 150,604

OK...................................... 0.01917 83,684

OR...................................... 0.01423 62,119

PA...................................... 0.03687 160,950

PR...................................... 0.04923 214,906

SC...................................... 0.02690 117,428

SD...................................... 0.00597 26,061

TN...................................... 0.02973 129,782

TX...................................... 0.07645 333,731

UT...................................... 0.00430 18,771

VT...................................... 0.00403 17,592

NH...................................... 0.00503 21,958

VI...................................... 0.00273 11,917

VA...................................... 0.02660 116,118

WA...................................... 0.01743 76,088

WV...................................... 0.01937 84,557

WI...................................... 0.01873 81,763

WY...................................... 0.00307 13,402

===============================

DISTR............................... 1.00000 4,365,344

N/O RES................................. .............. 550,000

EZ/EC/REAP.............................. .............. 600,000

===============================

TTL AVAIL........................... .............. 5,515,344

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

Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section

502, Direct Rural Housing Loans

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

State basic Total FY 2000

States formula factor allocation

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

Alabama................................. 0.0267275 $20,767

Alaska.................................. 0.0055160 4,286

Arizona................................. 0.0145422 11,299

Arkansas................................ 0.0208104 16,170

California.............................. 0.0454819 35,339

Colorado................................ 0.0091766 7,130

Delaware................................ 0.0024571 1,909

Maryland................................ 0.0115334 8,961

Florida................................. 0.0312406 24,274

Virgin Islands.......................... 0.0020058 1,559

Georgia................................. 0.0374586 29,105

[[Page 71597]]

Hawaii.................................. 0.0067195 5,221

W Pac Islands........................... N/A 1,000

Idaho................................... 0.0076722 5,961

Illinois................................ 0.0266774 20,728

Indiana................................. 0.0270785 21,040

Iowa.................................... 0.0163474 12,702

Kansas.................................. 0.0127369 9,897

Kentucky................................ 0.0288838 22,443

Louisiana............................... 0.0246715 19,170

Maine................................... 0.0108314 8,416

Massachusetts........................... 0.0109818 8,533

Connecticut............................. 0.0066693 5,182

Rhode Island............................ 0.0015545 1,208

Michigan................................ 0.0353525 27,469

Minnesota............................... 0.0199077 15,468

Mississippi............................. 0.0250226 19,443

Missouri................................ 0.0252733 19,637

Montana................................. 0.0063685 4,948

Nebraska................................ 0.0086752 6,741

Nevada.................................. 0.0028583 2,221

New Jersey.............................. 0.0097784 7,598

New Mexico.............................. 0.0110320 8,572

New York................................ 0.0359041 27,898

North Carolina.......................... 0.0484405 37,638

North Dakota............................ 0.0045131 3,507

Ohio.................................... 0.0390131 30,313

Oklahoma................................ 0.0174005 13,520

Oregon.................................. 0.0154949 12,040

Pennsylvania............................ 0.0467857 36,352

Puerto Rico............................. 0.0239695 18,624

South Carolina.......................... 0.0258249 20,066

South Dakota............................ 0.0062682 4,870

Tennessee............................... 0.0291846 22,676

Texas................................... 0.0660415 51,314

Utah.................................... 0.0040618 3,156

Vermont................................. 0.0052653 4,091

New Hampshire........................... 0.0072711 5,650

Virginia................................ 0.0289841 22,521

Washington.............................. 0.0187042 14,533

West Virginia........................... 0.0175008 13,598

Wisconsin............................... 0.0237188 18,429

Wyoming................................. 0.0036105 2,805

===============================

State Totals........................ 1.0000000 778,000

General Reserve......................... .............. 96,500

EZ/EC/Reap Earmark...................... .............. 60,500

100 Underserved Counties/Colonias....... .............. 55,000

Self Help............................... .............. 110,000

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

Total............................... .............. 1,100,000

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Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section 502, Direct Rural Housing Loans

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

Very low-

Total FY 2000 income Low-income

States allocation allocation 40 allocation 60

percent percent

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

Alabama..................................................... $20,767 $8,307 $12,460

Alaska...................................................... 4,286 1,714 2,572

Arizona..................................................... 11,299 4,520 6,780

Arkansas.................................................... 16,170 6,468 9,702

California.................................................. 35,339 14,136 21,204

Colorado.................................................... 7,130 2,852 4,278

Delaware.................................................... 1,909 764 1,146

Maryland.................................................... 8,961 3,585 5,377

Florida..................................................... 24,274 9,710 14,564

Virgin Islands.............................................. 1,559 623 935

Georgia..................................................... 29,105 11,642 17,463

[[Page 71598]]

Hawaii...................................................... 5,221 2,088 3,133

W Pac Islands............................................... 1,000 400 600

Idaho....................................................... 5,961 2,385 3,577

Illinois.................................................... 20,728 8,291 12,437

Indiana..................................................... 21,040 8,416 12,624

Iowa........................................................ 12,702 5,081 7,621

Kansas...................................................... 9,897 3,959 5,938

Kentucky.................................................... 22,443 8,977 13,466

Louisiana................................................... 19,170 7,668 11,502

Maine....................................................... 8,416 3,366 5,050

Masschusetts................................................ 8,533 3,413 5,120

Connecticut................................................. 5,182 2,073 3,109

Rhode Island................................................ 1,208 483 725

Michigan.................................................... 27,469 10,988 16,481

Minnesota................................................... 15,468 6,187 9,281

Mississippi................................................. 19,443 7,777 11,666

Missouri.................................................... 19,637 7,855 11,782

Montana..................................................... 4,948 1,979 2,969

Nebraska.................................................... 6,741 2,696 4,044

Nevada...................................................... 2,221 888 1,333

New Jersey.................................................. 7,598 3,039 4,559

New Mexico.................................................. 8,572 3,429 5,143

New York.................................................... 27,898 11,159 16,739

North Carolina.............................................. 37,638 15,055 22,583

North Dakota................................................ 3,507 1,403 2,104

Ohio........................................................ 30,313 12,125 18,188

Oklahoma.................................................... 13,520 5,408 8,112

Oregon...................................................... 12,040 4,816 7,224

Pennsylvania................................................ 36,352 14,541 21,811

Puerto Rico................................................. 18,624 7,450 11,175

South Carolina.............................................. 20,066 8,026 12,040

South Dakota................................................ 4,870 1,948 2,922

Tennessee................................................... 22,676 9,071 13,606

Texas....................................................... 51,314 20,526 30,789

Utah........................................................ 3,156 1,262 1,894

Vermont..................................................... 4,091 1,636 2,455

New Hampshire............................................... 5,650 2,260 3,390

Virginia.................................................... 22,521 9,008 13,512

Washington.................................................. 14,533 5,813 8,720

West Virginia............................................... 13,598 5,439 8,159

Wisconsin................................................... 18,429 7,372 11,058

Wyoming..................................................... 2,805 1,122 1,683

===============================================

State Totals................................................ 778,000 311,200 466,800

General Reserve................................................. 96,500 44,100 52,400

100 Counties/Colonias........................................... 55,000 33,000 22,000

EZ/EC/Reap Earmark.............................................. 60,500 36,300 24,200

Self Help....................................................... 110,000 59,400 50,600

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

Total....................................................... 1,100,000 484,000 616,000

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

Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section

502, Guaranteed Loans (Nonsubsidized)

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

State basic Total FY 2000

States formula factor allocation

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

Alabama................................. 0.0253847 $58,360

Alaska.................................. 0.0061561 14,153

Arizona................................. 0.0155290 35,701

Arkansas................................ 0.0213661 49,121

California.............................. 0.0524861 120,666

Colorado................................ 0.0100701 23,151

Delaware................................ 0.0024043 5,527

Maryland................................ 0.0104750 24,082

Florida................................. 0.0308357 70,891

Virgin Islands.......................... 0.0027236 6,262

[[Page 71599]]

Georgia................................. 0.0385293 88,579

Hawaii.................................. 0.0083323 19,156

W Pac Islands........................... N/A 1,000

Idaho................................... 0.0077774 17,880

Illinois................................ 0.0256395 58,945

Indiana................................. 0.0236023 54,261

Iowa.................................... 0.0151422 34,812

Kansas.................................. 0.0123032 28,285

Kentucky................................ 0.0286790 65,933

Louisiana............................... 0.0256223 58,906

Maine................................... 0.0113916 26,189

Massachusetts........................... 0.0117468 27,006

Connecticut............................. 0.0065708 15,106

Rhode Island............................ 0.0017216 3,958

Michigan................................ 0.0337181 77,518

Minnesota............................... 0.0184738 42,471

Mississippi............................. 0.0259670 59,698

Missouri................................ 0.0253687 58,323

Montana................................. 0.0067138 15,435

Nebraska................................ 0.0083216 19,131

Nevada.................................. 0.0029735 6,836

New Jersey.............................. 0.0091825 21,111

New Mexico.............................. 0.0117200 26,944

New York................................ 0.0369739 85,003

North Carolina.......................... 0.0471742 108,453

North Dakota............................ 0.0040847 9,391

Ohio.................................... 0.0378081 86,921

Oklahoma................................ 0.0175713 40,396

Oregon.................................. 0.0166212 38,212

Pennsylvania............................ 0.0438367 100,781

Puerto Rico............................. 0.0250931 57,689

South Carolina.......................... 0.0249510 57,362

South Dakota............................ 0.0065435 15,043

Tennessee............................... 0.0276859 63,650

Texas................................... 0.0665018 152,888

Utah.................................... 0.0039861 9,164

Vermont................................. 0.0057475 13,214

New Hampshire........................... 0.0075234 17,296

Virginia................................ 0.0278404 64,005

Washington.............................. 0.0200905 46,188

West Virginia........................... 0.0172518 39,662

Wisconsin............................... 0.0222867 51,237

Wyoming................................. 0.0035006 8,048

===============================

State Totals........................ 1.0000000 2,300,000

General Reserve......................... .............. 630,000

Special Outreach Areas Reserve.......... .............. 270,000

===============================

Total............................... .............. 3,200,000

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

Rural Housing Service Fiscal Year 2000 Alloction in Thousands, Section

504, Rural Housing Loans

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

State basic Total FY 2000

States formula factor allocation

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

Alabama................................. 0.0300207 $612

Alaska.................................. 0.0082816 169

Arizona................................. 0.0207039 422

Arkansas................................ 0.0232919 475

California.............................. 0.0548654 1,118

Colorado................................ 0.0087992 179

Delaware................................ N/A 100

Maryland................................ 0.0098344 200

Florida................................. 0.0305383 622

Virgin Islands.......................... N/A 100

Georgia................................. 0.0408903 833

Hawaii.................................. 0.0103520 211

W Pac Islands........................... N/A 1,000

Idaho................................... 0.0077640 158

[[Page 71600]]

Illinois................................ 0.0232919 475

Indiana................................. 0.0227743 464

Iowa.................................... 0.0134576 274

Kansas.................................. 0.0119048 243

Kentucky................................ 0.0331263 675

Louisiana............................... 0.0305383 622

Maine................................... 0.0103520 211

Massachusetts........................... 0.0082816 169

Connecticut............................. N/A 100

Rhode Island............................ N/A 100

Michigan................................ 0.0300207 612

Minnesota............................... 0.0181159 369

Mississippi............................. 0.0310559 633

Missouri................................ 0.0248447 506

Montana................................. 0.0062112 127

Nebraska................................ 0.0072464 148

Nevada.................................. N/A 100

New Jersey.............................. 0.0072464 148

New Mexico.............................. 0.0155280 316

New York................................ 0.0295031 601

North Carolina.......................... 0.0491718 1,002

North Dakota............................ N/A 100

Ohio.................................... 0.0341615 696

Oklahoma................................ 0.0181159 369

Oregon.................................. 0.0155280 316

Pennsylvania............................ 0.0383023 780

Puerto Rico............................. 0.0351967 717

South Carolina.......................... 0.0289855 591

South Dakota............................ 0.0062112 127

Tennessee............................... 0.0305383 622

Texas................................... 0.0807453 1,645

Utah.................................... N/A 100

Vermont................................. N/A 100

New Hampshire........................... 0.0056936 116

Virginia................................ 0.0305383 622

Washington.............................. 0.0191511 390

West Virginia........................... 0.0186335 380

Wisconsin............................... 0.0201863 411

Wyoming................................. N/A 100

===============================

State Totals........................ 1.0000000 22,275

General Reserve......................... .............. 1,500

EZ/EC/Reap Earmark...................... .............. 7,000

100 Underserved Counties/Colonias....... .............. 1,620

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

Total............................... .............. 32,395

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

Rural Housing Service Fiscal Year 2000 Allocation in Thousands, Section

504, Rural Housing Grants

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

State basic Total FY 2000

States formula factor allocation

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

Alabama................................. 0.0288363 $605

Alaska.................................. 0.0058359 122

Arizona................................. 0.0175007 367

Arkansas................................ 0.0230003 482

California.............................. 0.0494336 1,037

Colorado................................ 0.0085822 180

Delaware................................ N/A 100

Maryland................................ 0.0102987 216

Florida................................. 0.0350154 734

Virgin Islands.......................... N/A 100

Georgia................................. 0.0377618 792

Hawaii.................................. 0.0078957 166

W Pac Islands........................... N/A 500

Idaho................................... 0.0075524 158

Illinois................................ 0.0271198 569

Indiana................................. 0.0250601 525

Iowa.................................... 0.0168211 353

[[Page 71601]]

Kansas.................................. 0.0137315 288

Kentucky................................ 0.0305527 641

Louisiana............................... 0.0267765 561

Maine................................... 0.0106419 223

Massachusetts........................... 0.0099554 209

Connecticut............................. 0.0054926 115

Rhode Island............................ N/A 100

Michigan................................ 0.0326124 684

Minnesota............................... 0.0202540 425

Mississippi............................. 0.0278064 583

Missouri................................ 0.0264332 554

Montana................................. 0.0061792 130

Nebraska................................ 0.0089255 187

Nevada.................................. N/A 100

New Jersey.............................. 0.0085822 180

New Mexico.............................. 0.0127017 266

New York................................ 0.0332990 698

North Carolina.......................... 0.0484037 1,015

North Dakota............................ N/A 100

Ohio.................................... 0.0370752 777

Oklahoma................................ 0.0188809 396

Oregon.................................. 0.0161346 338

Pennsylvania............................ 0.0449708 943

Puerto Rico............................. 0.0271199 569

South Carolina.......................... 0.0267765 561

South Dakota............................ 0.0065225 137

Tennessee............................... 0.0302094 633

Texas................................... 0.0734638 1,540

Utah.................................... N/A 100

Vermont................................. N/A 100

New Hampshire........................... 0.0061792 130

Virginia................................ 0.0291795 612

Washington.............................. 0.0188809 396

West Virginia........................... 0.0185376 389

Wisconsin............................... 0.0230003 482

Wyoming................................. N/A 100

===============================

State Totals........................ 1.000000 22,267

General Reserve......................... .............. 1,500

EZ/EC/Reap Earmark...................... .............. 600

100 Underserved Counties/Colonias....... .............. 1,283

===============================

Total............................... .............. 25,650

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

[FR Doc. 99-32957 Filed 12-20-99; 8:45 am]

BILLING CODE 3410-XV-U