[Federal Register: March 28, 2008 (Volume 73, Number 61)]
[Notices]
[Page 16624-16638]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr28mr08-37]
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DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Availability of Funds; Multi-Family Housing, Single
Family Housing
AGENCY: Rural Housing Service, USDA.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Rural Housing Service, hereinafter referred to as Housing
and Community Facilities Programs (HCFP), announces the availability of
housing funds for fiscal year (FY) 2008. This action is taken to comply
with 42 U.S.C. 1490p, which requires that HCFP publish in the Federal
Register notice of the availability of any housing assistance.
DATES: Unless otherwise indicated below, applications are accepted
year-round at a local Rural Development office.
Effective Date: March 28, 2008.
FOR FURTHER INFORMATION CONTACT: For information and application
assistance contact the appropriate state office from the attached state
office listing, or visit our Internet Web site at http://
www.offices.usda.gov and select your State. Applicants can also obtain
local contact information in a local telephone directory's blue pages
under ``Rural Development.''
For information regarding this notice contact Myron Wooden, Loan
Specialist, Single Family Housing Direct Loan Division, telephone 202-
720-4780, for single family housing (SFH) issues and Tammy S. Daniels,
Senior Loan Specialist, Multi-Family Housing (MFH) Processing Division,
telephone 202-720-0021, for multi-family housing issues, U.S.
Department of Agriculture, 1400 Independence Ave., SW., Washington, DC
20250. (The telephone numbers listed are not toll free numbers).
SUPPLEMENTARY INFORMATION: The information in this Notice describes how
funds for the various Rural Development HCFP programs are distributed.
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.
Part 1940, subpart L of 7 CFR contains the ``Methodology and
Formulas for Allocation of Loan and Grant Program Funds.'' To apply for
assistance under these programs or for more information, contact the
USDA Rural Development Office for your area.
Multi-Family Housing (MFH)
I. General
A. This Notice provides guidance on MFH funding for the Rural
Rental Housing program (RRH) for FY 2008. Allocation computations have
been performed in accordance with 7 CFR 1940.575 and 1940.578. For FY
2008, 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 2008 are as follows:
------------------------------------------------------------------------
------------------------------------------------------------------------
MFH Loan Programs Credit Sales.......................... $1,475,864
Section 514 Farm Labor Housing (LH) loans*.............. 27,545,076
Section 515 Rural Rental Housing (RRH) loans............ 69,510,000
Section 521 Rental Assistance (RA) and 502(c)(5)(C) 472,757,370
Advance................................................
Section 516 LH grants................................... 9,930,000
Sections 525 Technical and Supervisory Assistance (TSA) 0
and Section 509 Housing Application Packaging Grants
(HAPG) (Shared between single and multi-family
housing)*..............................................
Section 533 Housing Preservation grants (HPG)**......... 9,593,704
Section 538 Guaranteed Rural Rental Housing Program..... 129,090,000
Preservation Revolving Loan Fund Demonstration Program*. 6,421,642
Sections 514, 515 and 516 Multi-Family Housing 19,860,000
Revitalization Demonstration Program (MPR)***..........
Rural Housing Voucher Demonstration Program*............ 4,965,000
------------------------------------------------------------------------
* Does Not Include Carryover Funds.
** Includes Carryover Funds.
*** Stated at the budget authority level, rather than at the program
level.
II. Funds Not Allocated to States
A. Credit Sales Authority. For FY 2008, $1,475,864 will be made
available 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 have been made available
[[Page 16625]]
under a Notice of Funding Availability (NOFA) published in the Federal
Register on February 4, 2008. Additional guidance is provided in the
NOFA.
C. Sections 514, 515 and 516 Multi-Family Housing and
Revitalization Demonstration Program (MPR) for Fiscal Year 2008. The
MPR program is designed to preserve and revitalize Section 515 multi-
family rental housing properties and sections 514/516 Off-farm labor
housing properties. The program is designed to utilize several
demonstration revitalization tools to restructure debt and financing of
an aging portfolio of rental properties. The goal of the MPR program is
to ensure that properties have sufficient resources to continue
providing safe and affordable housing for low-income rural residents.
D. USDA Rural Development Voucher Demonstration Program. The USDA
Rural Development Voucher program, authorized under section 542 of the
Housing Act of 1949, is designed to provide tenant protections in
properties that prepay their mortgages after October 1, 2005. These
vouchers are portable and will enable tenants to continue to access
affordable housing without benefit of the traditional rental assistance
program.
III. Farm Labor Housing (LH) Loans and Grants.
The Administrator has the authority to transfer the allocation of
budget authority between the two programs. Upon the closing date of the
NOFA, the Administrator will evaluate the responses and determine
proper distribution of funds between loans and grants.
A. Section 514 Farm LH Loans
1. These loans are funded in accordance with 7 CFR 1940.579(a).
------------------------------------------------------------------------
------------------------------------------------------------------------
FY 2008 Appropriation................................... $27,545,076
Available for Off-Farm Loans............................ 19,158,807
Available for On-Farm Loans............................. 2,000,000
National Office Reserve................................. 6,386,269
------------------------------------------------------------------------
2. Off-Farm loan funds have been made available under a NOFA
published in the Federal Register on March 12, 2008. Additional
guidance is 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 2008 Appropriation................................... $9,930,000
Available for LH Grants for Off-Farm.................... 7,447,500
National Office Reserve................................. 2,482,500
------------------------------------------------------------------------
2. Labor Housing grant funds for Off-Farm have been made available
under a NOFA published in the Federal Register on March 12, 2008.
Additional guidance is provided in the NOFA.
C. Labor Housing Rental Assistance (RA). It is anticipated that
Labor Housing RA will not be available for Fiscal Year 2008.
IV. Section 515 RRH Loan Funds
------------------------------------------------------------------------
------------------------------------------------------------------------
FY 2008 Section 515 Rural Rental Housing allocation $69,510,000
(Total)................................................
New Construction funds and set-asides................. 14,529,124
Non-Restricted...................................... 2,341,200
Set-aside for nonprofits............................ 6,255,900
Set-aside for underserved counties and colonias..... 3,475,500
Set-aside for EZ, EC, or REAP Zones................. 1,456,524
State RA designated reserve......................... 1,000,000
Rehab and repair funds and equity..................... 40,036,226
Rehab and repair loans.............................. 35,036,226
Designated equity loan reserve...................... 5,000,000
General Reserve....................................... 14,944,650
------------------------------------------------------------------------
A. New Construction Loan Funds. New construction loan funds have
been made available using a national NOFA published in the Federal
Register on March 12, 2008. Additional guidance is provided in the
NOFA.
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 $6,255,900 has been set-aside
for nonprofit applicants. All nonprofit loan proposals must be located
in designated places as defined in 7 CFR 3560.
2. Underserved Counties and Colonias Set-aside. An amount of
$3,475,500 has been set aside for loan requests to develop units in 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 Set-aside. An amount of $1,456,524 has been
set-aside for loan requests to develop units in EZ or EC communities or
REAP Zones until June 30, 2008.
C. Designated Reserves for State RA. An amount of $1,000,000 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 HCFP RA program.
D. Repair and Rehabilitation Loans. All funds will be held in the
National Office and will be distributed based upon rehabilitation needs
to projects selected and processed under the FY 2008 MPR NOFA.
E. Designated Reserve for Equity Loans. An amount of $5,000,000 has
been designated for the equity loan preservation incentive described in
7 CFR 3560. 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.
F. General Reserve. There is one general reserve fund of
$14,944,650. Some examples of immediate allowable uses include, but are
not limited to, hardships and emergencies, HCFP cooperatives or group
homes, or RRH preservation.
V. Section 533 HPG
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available (Includes carryover funds)............. $9,593,704.00
Less General Reserve................................... 957,570.40
Less Set-aside for EZ, EC or REAP Zones................ 595,800.00
Total Available for Distribution....................... 8,040,333.60
------------------------------------------------------------------------
[[Page 16626]]
See the end of this Notice for HPG state allocations. Fund
availability has been announced in a NOFA that was published in the
Federal Register on February 20, 2008.
The amount of $595,800 is set-aside for EZ, EC or REAP Zones until
June 30, 2008.
Single Family Housing (SFH)
I. General. All SFH programs are administered through field
offices. For more information or to make application, please contact
the Rural Development office servicing your area. To locate these
offices, contact the appropriate state office from the attached state
office listing, visit our Web site at: http://www.offices.usda.gov, or
search the blue pages in your local telephone directory under ``Rural
Development'' for the office serving your area.
A. This Notice provides SFH allocations for FY 2008. 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 2008 are as follows:
------------------------------------------------------------------------
------------------------------------------------------------------------
Section 502 Guaranteed Rural Housing (RH) loans:
Nonsubsidized Guarantees--Purchase............... $4,958,563,379
Nonsubsidized Guarantees--Refinance.............. 269,375,804
Section 502 Direct RH Loans*......................... 1,121,485,933
Credit sales (Nonprogram)............................ 10,000,000
Section 504 Housing Repair Loans*.................... 34,409,013
Section 504 Housing Repair Grants*/**................ 29,790,000
Section 509 Compensation for Construction Defects**.. 0
Section 523 Mutual and Self-help Housing Grants and 38,727,000
Contracts*/**.......................................
Section 523 Self-Help Site Loans..................... 4,965,000
Section 524 RH site Loans............................ 5,045,000
Section 306C Water and Waste Disposal (WWD) Grants**. 1,000,000
------------------
Total available.............................. 6,473,961,129
------------------------------------------------------------------------
* Includes funds for EZ/EC and REAP communities until June 30, 2008.
** Carryover funds are not included in the balance.
C. SFH Funding Not Allocated to States. The following funding is
not allocated to states by formula. Funds are made available to each
state on a case-by-case basis.
1. Credit sale authority. Credit sale funds in the amount of
$10,000,000 are available only for nonprogram sales of Real Estate
Owned (REO) property.
2. Section 523 Mutual and Self-Help Technical Assistance Grants.
$38,727,000 is available for Section 523 Mutual and Self-Help Technical
Assistance Grants. Of these funds, $993,000 is set-aside for EZ, EC or
REAP Zones until June 30, 2008. 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.
3. Section 523 Mutual and Self-Help Site Loans and Section 524 RH
Site Loans. $4,965,000 and $5,045,000 are available for Section 523
Mutual Self-Help and Section 524 RH Site loans, respectively.
4. 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 be $1,000,000 for FY 2008. This amount is transferred from
the Rural Utilities Service (RUS) to HCFP for processing individual
grant applications.
5. Natural Disaster Funds. Funds are available until exhausted to
those states with active Presidential Declarations.
II. State Allocations
A. Section 502 Nonsubsidized Guaranteed RH (GRH) Loans
1. Purchase--Amount Available for Allocation.
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available--Purchase............................ $4,958,563,379
Less National Office General Reserve............. 1,090,994,365
Less Special Outreach Area Reserve............... 467,569,014
Basic Formula--Administrative Allocation............. 3,400,000,000
------------------------------------------------------------------------
a. National Office General Reserve. The Administrator may restrict
access to this reserve for states not meeting their goals in special
outreach areas.
b. Special Outreach Areas. FY 2008 GRH funding is allocated to
states in two funding streams. Seventy percent of GRH funds may be used
in any eligible area. Thirty percent of GRH funds are to be used in
special outreach areas. Special outreach areas for the GRH program are
defined as those areas within a state that are not located within a
metropolitan statistical area (MSA).
c. 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.
2. Refinance--Amount available for allocation.
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available--Refinance............................. $269,375,804
Less National Office General Reserve................... 269,375,804
Basic Formula--Administrative Allocation............... 0
------------------------------------------------------------------------
a. Refinance Funds. Refinance loan funds will be distributed from
the National Office on a case-by-case basis.
b. National Office General Reserve. The Administrator may restrict
access to this reserve for states not meeting their goals in special
outreach areas.
B. Section 502 Direct RH Loans
1. Amount Available for Allocation.
[[Page 16627]]
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available...................................... $1,121,485,933
Less Required Set-Aside for:
Underserved Counties and Colonias................ 56,074,296
EZ, EC and REAP Set-aside........................ 17,978,388
Less General Reserve................................. 170,148,593
Administrator's Reserve.......................... 30,000,000
Hardships & Homelessness......................... 2,000,000
Rural Housing Demonstration Program.............. 1,000,000
Homeownership Partnership........................ 112,148,593
Program funds for the sale of REO properties..... 25,000,000
Less Designated Reserve for Self-Help............ 175,000,000
Basic Formula--Administrative Allocation......... 702,284,655
------------------------------------------------------------------------
2. Reserves.
a. State Office Reserve. State Directors must maintain an adequate
reserve to fund the following applications:
(i) Hardship and homeless applicants including the Direct Section
502 loan and Section 504 loan and grant programs.
(ii) Rural Home Loan Partnerships (RHLP) and Community Development
Financial Institutions (CDFI) loans.
(iii) States will leverage with funding from other sources.
(iv) Areas targeted by the state, according to its strategic plan.
b. National Office Reserves.
(i) General Reserve. The National Office has a general reserve of
$170.1 million. Of this amount, the Administrator's reserve is
$30,000,000. One of the purposes of the Administrator's reserve will be
for loans in Indian Country. Indian Country consists of land inside the
boundaries of Indian reservations, communities made up mainly of Native
Americans, Indian trust and restricted land, and tribal allotted lands.
Another purpose of the reserve will be to provide funding for
subsequent loans for essential improvements or repairs and transfers
with assumptions. The Administrator's reserve may also be made
available to states beginning in the 3rd quarter when demand for funds
is unusually high.
(ii) Hardship and Homelessness Reserve. $2 million has been set
aside for hardships and homeless.
(iii) Rural Housing Demonstration Program. $1 million has been set
aside for innovative demonstration initiatives.
(iv) Program Credit Sales. $25 million has been set aside for
program sales of REO property.
c. Homeownership Partnership. $112.1 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:
(i) Department of the Treasury, Community Development Financial
Institutions (CDFI). Funds will be available to fund leveraged loans
made in partnership with the Department of Treasury CDFI participants.
(ii) Partnership initiatives established to carry out the
objectives of the Rural Home Loan Partnership (RHLP).
d. Designated Reserve for Self-Help. $175 million has been set-
aside to assist participating Self-Help applicants. The National Office
will contribute 100 percent from the National Office reserve. States
are not required to contribute from their allocated Section 502 funds.
e. Underserved Counties and Colonias. An amount of $56,074,296 has
been set-aside for the 100 underserved counties and colonias.
f. Empowerment Zone (EZ), Enterprise Community (EC) or Rural
Economic Area Partnership (REAP) set-aside. An amount of $17,978,388
has been set-aside until June 30, 2008, for loans in EZ, EC or REAP
zones.
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 2008 appropriation.
1. Amount available for allocation.
Section 504 Loans
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available......................................... $34,409,013
Less 5% for 100 Underserved Counties and Colonias....... 1,720,450
EZ, EC or REAP Zone Set-aside........................... 627,666
Less General Reserve.................................... 733,915
Basic Formula--Administrative Allocation................ 31,326,982
------------------------------------------------------------------------
Section 504 Grants
------------------------------------------------------------------------
------------------------------------------------------------------------
Total Available......................................... $29,790,000
Less 5% for 100 Underserved Counties and Colonias....... 1,489,500
Less EZ, EC or REAP Set-aside........................... 595,800
Less General Reserve.................................... 1,649,895
Basic Formula--Administrative Allocation................ 26,054,805
------------------------------------------------------------------------
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. $1,720,450 and $1,489,500
have been set-aside for the 100 underserved counties and colonias until
June 30, 2008, for the Section 504 loan and grant programs,
respectively.
c. Empowerment Zone (EZ) and Enterprise Community (EC) or Rural
Economic Area Partnership (REAP) Set-aside (Loan Funds Only). $627,666
and $595,800 have been set-aside through June 30, 2008, for EZ, EC or
REAPs for the Section 504 loan and grant programs, respectively.
d. General Reserve. $733,915 for Section 504 loan hardships and
$1,649,895 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.
[[Page 16628]]
Information on Basic Formula Criteria, Data Source and Weight, Administrative Allocation, Pooling of Funds, and
Availability of the Allocation
----------------------------------------------------------------------------------------------------------------
Section 502
nonsubsidized Section 502 direct Section 504 loans
No. Description guaranteed RH RH loans and grants
loans
----------------------------------------------------------------------------------------------------------------
1............................... Basic formula See 7 CFR See 7 CFR See 7 CFR
criteria, data 1940.563(b). 1940.565(b). 1940.566(b) and
source, and 1940.567(b).
weight.
2............................... Administrative
Allocation:.
Western Pacific $4,000,000........ $2,000,000........ $500,000 loan
Area. $500,000 grant.
3............................... Pooling of funds:.
a. Mid-year If necessary...... If necessary...... If necessary.
pooling.
b. Year-end August 14, 2008... July 17, 2008..... July 17, 2008.
pooling.
c. Underserved N/A............... June 30, 2008..... June 30, 2008.
counties &
colonias.
d. EZ, EC or REAP. N/A............... June 30, 2008..... June 30, 2008.
e. Credit sales... N/A............... June 30, 2008..... N/A.
4............................... Availability of
the allocation:.
a. first quarter.. 40 percent........ 25 percent........ 25 percent.
b. second quarter. 70 percent........ 50 percent........ 50 percent.
c. third quarter.. 90 percent........ 75 percent........ 75 percent.
d. fourth quarter. 100 percent....... 100 percent....... 100 percent.
----------------------------------------------------------------------------------------------------------------
1. Data derived from the 2000 U.S. Census is available on the Web
at: http://census.sc.egov.usda.gov.
2. Due to the absence of Census data.
3. All dates are tentative and are for the close of business (COB).
Pooled funds will be placed in the National Office reserve and made
available administratively. The Administrator reserves the right to
redistribute funds based upon program performance.
4. Funds will be distributed cumulatively through each quarter
listed until the National Office year-end pooling date.
The U.S. Department of Agriculture (USDA) prohibits discrimination
in all its programs and activities on the basis of race, color,
national origin, age, disability, and where applicable, sex, marital
status, familial status, parental status, religion, sexual orientation,
genetic information, political beliefs, reprisal, or because all or
part of an individual's income is derived from any public assistance
program. (Not all prohibited bases apply to all programs.) Persons with
disabilities who require alternative means for communication of program
information (Braille, large print, audiotape, etc.) should contact
USDA's TARGET Center at (202) 720-2600 (voice and TDD).
To file a complaint of discrimination write to USDA, Director,
Office of Civil Rights, 1400 Independence Avenue, SW., Washington, DC
20250-9410 or call (800) 795-3272 (voice) or (202) 720-6382 (TDD). USDA
is an equal opportunity provider, employer, and lender.
Dated: March 20, 2008.
Russell T. Davis,
Administrator, Rural Housing Service.
HCFP Fiscal Year 2008--Section 533--Housing Preservation Grant
[Allocation in Thousands]
------------------------------------------------------------------------
Total
State Formula factor allocation
------------------------------------------------------------------------
ALABAMA................................. 0.02957 237,752.66
ALASKA.................................. 0.00587 47,196.76
ARIZONA................................. 0.01780 143,117.94
ARKANSAS................................ 0.02310 185,731.71
CALIFORNIA.............................. 0.04653 374,116.72
COLORADO................................ 0.00840 67,538.80
DELAWARE................................ 0.00190 15,276.63
MARYLAND................................ 0.00880 70,754.94
FLORIDA................................. 0.02890 232,365.64
VIRGIN ISLANDS.......................... 0.00273 21,950.11
GEORGIA................................. 0.03867 310,919.70
HAWAII.................................. 0.00790 63,518.64
WPA..................................... 0.00647 52,020.96
IDAHO................................... 0.00743 59,739.68
ILLINOIS................................ 0.02250 180,907.51
INDIANA................................. 0.02157 173,430.00
IOWA.................................... 0.01340 107,740.47
KANSAS.................................. 0.01130 90,855.77
KENTUCKY................................ 0.03483 280,044.82
LOUISIANA............................... 0.03170 254,878.58
MAINE................................... 0.00913 73,408.25
MASSACHUSETTS........................... 0.00793 63,759.85
CONNECTICUT............................. 0.00453 36,422.71
RHODE ISLAND............................ 0.00100 8,040.33
MICHIGAN................................ 0.02977 239,360.73
MINNESOTA............................... 0.01673 134,514.78
[[Page 16629]]
MISSISSIPPI............................. 0.03180 255,682.61
MISSOURI................................ 0.02460 197,792.21
MONTANA................................. 0.00620 49,850.07
NEBRASKA................................ 0.00713 57,327.58
NEVADA.................................. 0.00263 21,146.08
NEW JERSEY.............................. 0.00657 52,824.99
NEW MEXICO.............................. 0.01437 115,539.59
NEW YORK................................ 0.02753 221,350.38
NORTH CAROLINA.......................... 0.04497 361,573.80
NORTH DAKOTA............................ 0.00413 33,206.58
OHIO.................................... 0.03450 277,391.51
OKLAHOMA................................ 0.01917 154,133.20
OREGON.................................. 0.01423 114,413.95
PENNSYLVANIA............................ 0.03687 296,447.10
PUERTO RICO............................. 0.04923 395,825.62
SOUTH CAROLINA.......................... 0.02690 216,284.97
SOUTH DAKOTA............................ 0.00597 48,000.79
TENNESSEE............................... 0.02973 239,039.12
TEXAS................................... 0.07645 614,683.50
UTAH.................................... 0.00430 34,573.43
VERMONT................................. 0.00403 32,402.54
NEW HAMPSHIRE........................... 0.00503 40,442.88
VIRGINIA................................ 0.02660 213,872.87
WASHINGTON.............................. 0.01743 140,143.01
WEST VIRGINIA........................... 0.01937 155,741.26
WISCONSIN............................... 0.01873 150,595.45
WYOMING................................. 0.00307 24,683.82
DISTR................................... 1.00000 8,040,333.60
N/O RES................................. .............. 957,570.40
EZ/EC/REAP.............................. .............. 595,800.00
-------------------------------
Ttl Avail........................... .............. 9,593,704.00
------------------------------------------------------------------------
USDA Rural Development State Office Locations--State Directors/HCFP
Program Directors
------------------------------------------------------------------------
-------------------------------------------------------------------------
ALABAMA
Steve Pelham, Vann McCloud, Sterling Centre, 4121 Carmichael Road, Suite
601, Montgomery, AL 36106-3683, (334) 279-3400
ALASKA
Chad Padgett, Deborah Davis, Suite 201, 800 W. Evergreen, Palmer, AK
99645-6539, (907) 761-7705
ARIZONA
Eddie Browning, Ernie Wetherbee, Phoenix Corporate Center, 230 North
First Avenue, Suite 206, Phoenix, AZ 85003-1706, (602) 280-8755
ARKANSAS
Roy Smith, Lawrence McCullough, Room 3416, 700 W. Capitol, Little Rock,
AR 72201-3225, (501) 301-3200
CALIFORNIA
Benjamin Higgins, Bob Anderson, Agency 4169, 430 G Street, Davis, CA
95616-4169, (530) 792-5800
COLORADO
Mike Bennett, Jamie Spakow, Room E100, 655 Parfet Street, Lakewood, CO
80215, (720) 544-2903
DELAWARE & MARYLAND
Marlene B. Elliott, Pat Baker, 1221 College Park Drive, Suite 200,
Dover, DE 19904, (302) 857-3625
FLORIDA & VIRGIN ISLANDS
Jennifer Delattibodier (Acting), Daryl Cooper, P.O. Box 147010, 4440 NW.
25th Place, Gainesville, FL 32614-7010, (352) 338-3435
GEORGIA
F. Stone Workman, Douglas Canup, Stephens Federal Building, 355 E.
Hancock Avenue, Athens, GA 30601-2768, (706) 546-2162
HAWAII
Lorraine Shin, Donald Etes, Room 311, Federal Building, 154 Waianuenue
Avenue, Hilo, HI 96720, (808) 933-8309
IDAHO
Michael A. Field, Roni Atkins, Suite A1, 9173 W. Barnes Dr., Boise, ID
83709, (208) 378-5600
ILLINOIS
Douglas Wilson, Barry Ramsey, 2118 W. Park Court, Suite A, Champaign, IL
61821, (217) 403-6222
INDIANA
Robert White, Paul Neumann, 5975 Lakeside Boulevard, Indianapolis, IN
46278, (317) 290-3100
IOWA
Mark Reisinger, Tim Helmbrecht, Acting, 873 Federal Bldg., 210 Walnut
Street, Des Moines, IA 50309, (515) 284-4663
KANSAS
Charles (Chuck) R. Banks, Tim Rogers, 1303 SW. First American Place,
Suite 100, Topeka, KS 66604-4040, (785) 271-2700
KENTUCKY
Kenneth Slone, Paul Higgins (Acting), Suite 200, 771 Corporate Drive,
Lexington, KY 40503, (859) 224-7322
LOUISIANA
Clyde Holloway, Debbie Redfearn, 3727 Government Street, Alexandria, LA
71302, (318) 473-7920
MAINE
Michael W. Aube, Dale Holmes, P.O. Box 405, 967 Illinois Avenue, Suite
4, Bangor, ME 04402-0405, (207) 990-9118
MASSACHUSETTS/CT/RI
David H. Tuttle, 451 West Street, Amherst, MA 01002, (413) 253-4300
[[Page 16630]]
MICHIGAN
Gene DeRossett, Richard Annis, 3001 Coolidge Road, Suite 200, East
Lansing, MI 48823, (517) 324-5100
MINNESOTA
Stephen G. Wenzel, Lance Larson, 410 AgriBank Bldg., 375 Jackson Street,
St. Paul, MN 55101-1853, (651) 602-7792
MISSISSIPPI
George Irvin, Johnny Jones, Federal Bldg., Suite 831, 100 W. Capitol
Street, Jackson, MS 39269, (601) 965-4325
MISSOURI
Anita J. (Janie) Dunning, Acting, Randy Griffith, Parkade Center, Suite
235, 601 Business Loop 70 West, Columbia, MO 65203, (573) 876-9301
MONTANA
Clark Johnson, Debra Chorlton, Suite B, 900 Technology Boulevard,
Bozeman, MT 59715, (406) 585-2551
NEBRASKA
Scot Blehm, Byron Fischer, Federal Bldg., Room 152, 100 Centennial Mall
N., Lincoln, NE 68508, (402) 437-5551
NEVADA
Larry J. Smith, Bill Brewer, 1390 South Curry Street, Carson City, NV
89703, (775) 887-1222
NEW JERSEY
Andrew (Andy) M.G. Law, George Hyatt, 5th Floor N. Suite 500, 8000
Midlantic Drive, Mt. Laurel, NJ 08054, (856) 787-7700
NEW MEXICO
Ryan Gleason, Art Garcia, Room 255, 6200 Jefferson Street, NE.,
Albuquerque, NM 87109, (505) 761-4973
NEW YORK
Patrick Brennan, Jennifer Jackson, The Galleries of Syracuse, 441 S.
Salina Street, Suite 357, Syracuse, NY 13202-2541, (315) 477-6417
NORTH CAROLINA
John Cooper, Mel Ellis, Suite 260, 4405 Bland Road, Raleigh, NC 27609,
(919) 873-2000
NORTH DAKOTA
Clare Carlson, Mark Wax, Federal Bldg., Room 208, 220 East Rooser, P.O.
Box 1737, Bismarck, ND 58502-1737, (701) 530-2061
OHIO
Randall Hunt, Gerald Arnott, Federal Bldg., Room 507, 200 N. High
Street, Columbus, OH 43215-2477, (614) 255-2500
OKLAHOMA
Brent J. Kisling, Tommy Earls, Suite 108, 100 USDA, Stillwater, OK 74074-
2654, (405) 742-1000
OREGON
Mark Simmons, Rod Hansen, 1201 NE. Lloyd Blvd., Suite 801, Portland, OR
97232, (503) 414-3300
PENNSYLVANIA
Gary Groves, Frank Wetherhold, Suite 330, One Credit Union Place,
Harrisburg, PA 17110-2996, (717) 237-2299
PUERTO RICO
Jose Otero-Garcia, Pedro Gomez, IBM Building, Suite 601, 654 Munoz
Rivera Avenue, San Juan, PR 00936-6106, (787) 766-5095
SOUTH CAROLINA
Tee Miller, Herbert Koon, Strom Thurmond Federal Bldg., 1835 Assembly
Street, Room 1007, Columbia, SC 29201, (803) 765-5163
SOUTH DAKOTA
Mike Jaspers, Roger Hazuka, Federal Bldg., Room 210, 200 Fourth Street,
SW., Huron, SD 57350, (605) 352-1100
TENNESSEE
Mary (Ruth) Tackett, Donald L. Harris, Suite 300, 3322 W. End Avenue,
Nashville, TN 37203-1084, (615) 783-1300
TEXAS
Scooter Brockette, Acting, Scooter Brockette, Federal Bldg., Suite 102,
101 S. Main, Temple, TX 76501, (254) 742-9700
UTAH
John R. Cox, Dave Brown, Wallace F. Bennett Federal Bldg., 125 S. State
Street, Room 4311, Salt Lake City, UT 84147, (801) 524-4320
VERMONT & NEW HAMPSHIRE
Jolinda H. LaClair, Bob McDonald, City Center, 3rd Floor, 89 Main
Street, Montpelier, VT 05602, (802) 828-6000
VIRGINIA
Ellen M. Davis, James Reid, 1606 Santa Rosa Road, Suite 238, Richmond,
VA 23229-5014, (804) 287-1598
WASHINGTON
Jon DeVaney, Robert Lund, Suite B, 1835 Black Lake Blvd., SW. Olympia,
WA 98512-5715, (360) 704-7740
WEST VIRGINIA
Rick Rice, Dianne Crysler, Federal Bldg., Room 320, 75 High Street,
Morgantown, WV 26505-7500, (304) 284-4860
WISCONSIN
Frank Frassetto, 4949 Kirschling Court, Stevens Point, WI 54481, (715)
345-7600
WYOMING
Del Tinsley, Alan Brooks, Federal Building, Room 1005, 100 East B, P.O.
Box 11005, Casper, WY 82602, (307) 233-6700
------------------------------------------------------------------------
HCFP--Fiscal Year 2008--Section 502 Direct Rural Housing Loans
[Allocations in thousands]
------------------------------------------------------------------------
State basic Total FY 2008
State formula factor allocation
------------------------------------------------------------------------
ALABAMA................................. 0.02893348 $18,168
ALASKA.................................. 0.00623983 7,055
ARIZONA................................. 0.01551438 11,597
ARKANSAS................................ 0.02202430 14,785
CALIFORNIA.............................. 0.04281159 24,964
COLORADO................................ 0.01225178 9,999
CONNECTICUT............................. 0.00445853 6,183
DELAWARE................................ 0.00293815 5,439
FLORIDA................................. 0.02769317 17,561
GEORGIA................................. 0.03803061 22,623
HAWAII.................................. 0.00623301 7,052
IDAHO................................... 0.00847438 8,150
ILLINOIS................................ 0.02627571 16,866
INDIANA................................. 0.02616726 16,813
IOWA.................................... 0.01764334 12,639
KANSAS.................................. 0.01336777 10,546
KENTUCKY................................ 0.02807301 17,747
LOUISIANA............................... 0.02361424 15,563
[[Page 16631]]
MAINE................................... 0.01109070 9,431
MARYLAND................................ 0.01010209 8,947
MASSACHUSETTS........................... 0.00622585 7,049
MICHIGAN................................ 0.03579346 21,527
MINNESOTA............................... 0.02361828 15,565
MISSISSIPPI............................. 0.02636473 16,910
MISSOURI................................ 0.02809053 17,755
MONTANA................................. 0.00738806 7,618
NEBRASKA................................ 0.00953784 8,670
NEVADA.................................. 0.00339314 5,662
NEW HAMPSHIRE........................... 0.00666198 7,262
NEW JERSEY.............................. 0.00551402 6,700
NEW MEXICO.............................. 0.01296637 10,349
NEW YORK................................ 0.03378933 20,546
NORTH CAROLINA.......................... 0.05148079 29,209
NORTH DAKOTA............................ 0.00469453 6,299
OHIO.................................... 0.03725173 22,241
OKLAHOMA................................ 0.02019475 13,889
OREGON.................................. 0.01654303 12,101
PENNSYLVANIA............................ 0.04269918 24,909
PUERTO RICO............................. 0.00884495 10,123
RHODE ISLAND............................ 0.00090026 4,441
SOUTH CAROLINA.......................... 0.02669849 17,074
SOUTH DAKOTA............................ 0.00705037 7,452
TENNESSEE............................... 0.03062418 18,996
TEXAS................................... 0.07365688 40,068
UTAH.................................... 0.00500465 6,451
VERMONT................................. 0.00579860 6,839
VIRGIN ISLANDS.......................... 0.00217552 5,065
VIRGINIA................................ 0.02711459 17,277
WASHINGTON.............................. 0.01939199 13,496
WEST PAC ISLANDS........................ 0.00239453 2,000
WEST VIRGINIA........................... 0.01591004 11,791
WISCONSIN............................... 0.02634031 16,898
WYOMING................................. 0.00393497 5,927
-------------------------------
State Totals........................ .............. 702,285
100 Underserved Counties/Colonias... .............. 56,074
Empowerment Zones and Enterprise .............. 17,978
Community Set-Aside................
General Reserve..................... .............. 170,149
Self Help........................... .............. 175,000
-------------------------------
Total........................... .............. 1,121,485
------------------------------------------------------------------------
HCFP--Fiscal Year 2008--Section 502 Direct Rural Housing Loans
[Allocation in thousands]
----------------------------------------------------------------------------------------------------------------
Very low
Total FY 2008 income Low income
State allocation allocation 45 allocation 55
percent percent
----------------------------------------------------------------------------------------------------------------
1 ALABAMA....................................................... $18,168 $8,176 $9,992
60 ALASKA....................................................... 7,055 3,175 3,880
2 ARIZONA....................................................... 11,597 5,219 6,378
3 ARKANSAS...................................................... 14,785 6,653 8,132
4 CALIFORNIA.................................................... 24,964 11,234 13,730
5 COLORADO...................................................... 9,999 4,500 5,499
6 CONNECTICUT................................................... 6,183 2,782 3,401
7 DELAWARE...................................................... 5,439 2,448 2,991
9 FLORIDA....................................................... 17,561 7,902 9,659
10 GEORGIA...................................................... 22,623 10,180 12,443
61 HAWAII....................................................... 7,052 3,173 3,879
12 IDAHO........................................................ 8,150 3,668 4,483
13 ILLINOIS..................................................... 16,866 7,590 9,276
15 INDIANA...................................................... 16,813 7,566 9,247
16 IOWA......................................................... 12,639 5,688 6,951
18 KANSAS....................................................... 10,546 4,746 5,800
20 KENTUCKY..................................................... 17,747 7,986 9,761
[[Page 16632]]
22 LOUISIANA.................................................... 15,563 7,003 8,560
23 MAINE........................................................ 9,431 4,244 5,187
24 MARYLAND..................................................... 8,947 4,026 4,921
25 MASSACHUSETTS................................................ 7,049 3,172 3,877
26 MICHIGAN..................................................... 21,527 9,687 11,840
27 MINNESOTA.................................................... 15,565 7,004 8,561
28 MISSISSIPPI.................................................. 16,910 7,610 9,301
29 MISSOURI..................................................... 17,755 7,990 9,765
31 MONTANA...................................................... 7,618 3,428 4,190
32 NEBRASKA..................................................... 8,670 3,902 4,769
33 NEVADA....................................................... 5,662 2,548 3,114
34 NEW HAMPSHIRE................................................ 7,262 3,268 3,994
35 NEW JERSY.................................................... 6,700 3,015 3,685
36 NEW MEXICO................................................... 10,349 4,657 5,692
37 NEW YORK..................................................... 20,546 9,246 11,300
38 NORTH CAROLINA............................................... 29,209 13,144 16,065
40 NORTH DAKOTA................................................. 6,299 2,835 3,464
41 OHIO......................................................... 22,241 10,008 12,233
42 OKLAHOMA..................................................... 13,889 6,250 7,639
43 OREGON....................................................... 12,101 5,445 6,656
44 PENNSYLVANIA................................................. 24,909 11,209 13,700
63 PUERTO RICO.................................................. 10,123 4,555 5,568
45 RHODE ISLAND................................................. 4,441 1,998 2,443
46 SOUTH CAROLINA............................................... 17,074 7,683 9,391
47 SOUTH DAKOTA................................................. 7,452 3,353 4,099
48 TENNESSEE.................................................... 18,996 8,548 10,448
49 TEXAS........................................................ 40,068 18,031 22,037
52 UTAH......................................................... 6,451 2,903 3,548
53 VERMONT...................................................... 6,839 3,078 3,761
64 VIRGIN ISLANDS............................................... 5,065 2,279 2,786
54 VIRGINIA..................................................... 17,277 7,775 9,502
56 WASHINGTON................................................... 13,496 6,073 7,423
62 WEST PAC ISLANDS............................................. 2,000 900 1,100
57 WEST VIRGINIA................................................ 11,791 5,306 6,485
58 WISCONSIN.................................................... 16,898 7,604 9,294
59 WYOMING...................................................... 5,927 2,667 3,260
-----------------------------------------------
State Totals................................................ 702,285 316,028 386,257
100 Underserved Counties/Colonias........................... 56,074 25,233 30,841
EZ/EC/REAP Reserve.......................................... 17,978 8,090 9,888
General Reserve............................................. 170,149 76,567 93,582
Self Help................................................... 175,000 78,750 96,250
-----------------------------------------------
Total................................................... 1,121,485 504,668 616,817
----------------------------------------------------------------------------------------------------------------
HCFP--Fiscal Year 2008--Section 502 Guaranteed Purchase Loans (Nonsubsidized)
[Allocation in actual dollars]
----------------------------------------------------------------------------------------------------------------
Additional
State basic FY 2008 state administrative Total FY 2008
State formula factor basic formula allocation FY allocation
allocation 2008
----------------------------------------------------------------------------------------------------------------
Alabama......................................... 0.02657575 $66,439,375 $0 $66,439,375
Alaska.......................................... 0.00722325 18,058,125 10,937,359 28,995,484
Arizona......................................... 0.01640900 41,022,500 0 41,022,500
Arkansas........................................ 0.02282102 57,052,550 63,553,262 120,605,812
California...................................... 0.05030996 125,774,900 0 125,774,900
Colorado........................................ 0.01357525 33,938,125 0 33,938,125
Connecticut..................................... 0.00408986 10,224,650 0 10,224,650
Delaware........................................ 0.00276106 6,902,650 1,713,350 8,616,000
Florida......................................... 0.02650361 66,259,025 0 66,259,025
Georgia......................................... 0.03793281 94,832,025 0 94,832,025
Hawaii.......................................... 0.00796215 19,905,375 0 19,905,375
Idaho........................................... 0.00888491 22,212,275 5,620,284 27,832,559
Illinois........................................ 0.02591265 64,781,625 129,541,273 194,322,898
Indiana......................................... 0.02361952 59,048,800 0 59,048,800
[[Page 16633]]
Iowa............................................ 0.01674764 $41,869,100 $11,998,164 $53,867,264
Kansas.......................................... 0.01333450 33,336,250 36,218,726 69,554,976
Kentucky........................................ 0.02667768 66,694,200 38,659,598 105,353,798
Louisiana....................................... 0.02306785 57,669,625 0 57,669,625
Maine........................................... 0.01154316 28,857,900 13,702,932 42,560,832
Maryland........................................ 0.00944838 23,620,950 4,968,254 28,589,204
Massachusetts................................... 0.00620846 15,521,150 0 15,521,150
Michigan........................................ 0.03318174 82,954,350 98,230,746 181,185,096
Minnesota....................................... 0.02265572 56,639,300 75,312,997 131,952,297
Mississippi..................................... 0.02650848 66,271,200 0 66,271,200
Missouri........................................ 0.02830414 70,760,350 69,488,422 140,248,772
Montana......................................... 0.00778549 19,463,725 17,437,568 36,901,293
Nebraska........................................ 0.00963559 24,088,975 4,998,792 29,087,767
Nevada.......................................... 0.00373060 9,326,500 0 9,326,500
New Hampshire................................... 0.00696793 17,419,825 0 17,419,825
New Jersey...................................... 0.00489407 12,235,175 4,339,860 16,575,035
New Mexico...................................... 0.01349689 33,742,225 0 33,742,225
New York........................................ 0.03640605 91,015,125 0 91,015,125
North Carolina.................................. 0.05076681 126,917,025 0 126,917,025
North Dakota.................................... 0.00440032 11,000,800 2,080,579 13,081,379
Ohio............................................ 0.03518978 87,974,450 2,418,898 90,393,348
Oklahoma........................................ 0.02008600 50,215,000 10,401,466 60,616,466
Oregon.......................................... 0.01909631 47,740,775 0 47,740,775
Pennsylvania.................................... 0.04089133 102,228,325 0 102,228,325
Puerto Rico..................................... 0.00919939 22,998,475 131,612,371 154,610,846
Rhode Island.................................... 0.00075627 1,890,675 0 1,890,675
South Carolina.................................. 0.02526494 63,162,350 0 63,162,350
South Dakota.................................... 0.00751015 18,775,375 53,138,707 71,914,082
Tennessee....................................... 0.02902148 72,553,700 45,526,777 118,080,477
Texas........................................... 0.07276234 181,905,850 0 181,905,850
Utah............................................ 0.00510515 12,762,875 11,985,564 24,748,439
Vermont......................................... 0.00663633 16,590,825 0 16,590,825
Virgin Islands.................................. 0.00306743 7,668,575 0 7,668,575
Virginia........................................ 0.02554389 63,859,725 37,186,762 101,046,487
Washington...................................... 0.02205374 55,134,350 0 55,134,350
West Pac........................................ N/A 0 8,298,821 8,298,821
West Virginia................................... 0.01502432 37,560,800 8,274,490 45,835,290
Wisconsin....................................... 0.02575423 64,385,575 9,211,203 73,596,778
Wyoming......................................... 0.00395173 9,879,325 0 9,879,325
---------------------------------------------------------------
State Totals................................ .............. .............. .............. 3,400,000,000
General Reserve............................. .............. .............. .............. 1,090,994,365
Special Outreach Areas Reserve.............. .............. .............. .............. 467,569,014
---------------------------------------------------------------
Total................................... .............. .............. .............. 4,958,563,379
----------------------------------------------------------------------------------------------------------------
**Total includes FY 2007 Carryover and Rescission.
HCFP--Fiscal Year 2008--Section 502 Guaranteed Refinance Loans
(Nonsubsidized)
[Allocation in actual dollars]
------------------------------------------------------------------------
State basic Total FY 2008
State formula factor allocation
------------------------------------------------------------------------
Alabama................................. N/A $0
Alaska.................................. N/A 0
Arizona................................. N/A 0
Arkansas................................ N/A 0
California.............................. N/A 0
Colorado................................ N/A 0
Connecticut............................. N/A 0
Delaware................................ N/A 0
Florida................................. N/A 0
Georgia................................. N/A 0
Hawaii.................................. N/A 0
Idaho................................... N/A 0
Illinois................................ N/A 0
Indiana................................. N/A 0
[[Page 16634]]
Iowa.................................... N/A 0
Kansas.................................. N/A 0
Kentucky................................ N/A 0
Louisiana............................... N/A 0
Maine................................... N/A 0
Maryland................................ N/A 0
Massachusetts........................... N/A 0
Michigan................................ N/A 0
Minnesota............................... N/A 0
Mississippi............................. N/A 0
Missouri................................ N/A 0
Montana................................. N/A 0
Nebraska................................ N/A 0
Nevada.................................. N/A 0
New Hampshire........................... N/A 0
New Jersey.............................. N/A 0
New Mexico.............................. N/A 0
New York................................ N/A 0
North Carolina.......................... N/A 0
North Dakota............................ N/A 0
Ohio.................................... N/A 0
Oklahoma................................ N/A 0
Oregon.................................. N/A 0
Pennsylvania............................ N/A 0
Puerto Rico............................. N/A 0
Rhode Island............................ N/A 0
South Carolina.......................... N/A 0
South Dakota............................ N/A 0
Tennessee............................... N/A 0
Texas................................... N/A 0
Utah.................................... N/A 0
Vermont................................. N/A 0
Virgin Islands.......................... N/A 0
Virginia................................ N/A 0
Washington.............................. N/A 0
West Pac................................ N/A 0
West Virginia........................... N/A 0
Wisconsin............................... N/A 0
Wyoming................................. N/A 0
-------------------------------
State Totals........................ .............. 0
National Office Reserve............. .............. 269,375,804
-------------------------------
Total........................... .............. 269,375,804
------------------------------------------------------------------------
** Includes FY 2007 Carryover.
HCFP--Fiscal Year 2008--Section 504 Direct Rural Housing Loans
[Allocation in Thousands]
------------------------------------------------------------------------
State basic Total FY 2008
State formula factor allocation
------------------------------------------------------------------------
1 ALABAMA............................... 0.02914691 $903
60 ALASKA............................... 0.00945161 293
2 ARIZONA............................... 0.02165916 671
3 ARKANSAS.............................. 0.02301181 713
4 CALIFORNIA............................ 0.05356026 1,659
5 COLORADO.............................. 0.01244796 386
6 CONNECTICUT........................... 0.00301503 93
7 DELAWARE.............................. 0.00260858 81
9 FLORIDA............................... 0.02862195 887
10 GEORGIA.............................. 0.03870552 1,199
61 HAWAII............................... 0.00914234 283
12 IDAHO................................ 0.00926157 287
13 ILLINOIS............................. 0.02289193 709
15 INDIANA.............................. 0.02163577 670
16 IOWA................................. 0.01497537 464
18 KANSAS............................... 0.01252499 388
20 KENTUCKY............................. 0.02699175 836
[[Page 16635]]
22 LOUISIANA............................ 0.02658801 824
23 MAINE................................ 0.01004646 311
24 MARYLAND............................. 0.00809012 251
25 MASSACHUSETTS........................ 0.00467784 145
26 MICHIGAN............................. 0.03036170 941
27 MINNESOTA............................ 0.02241926 695
28 MISSISSIPPI.......................... 0.02944306 912
29 MISSOURI............................. 0.02649320 821
31 MONTANA.............................. 0.00748030 232
32 NEBRASKA............................. 0.00889870 276
33 NEVADA............................... 0.00389431 121
34 NEW HAMPSHIRE........................ 0.00533998 165
35 NEW JERSEY........................... 0.00402807 125
36 NEW MEXICO........................... 0.01723147 534
37 NEW YORK............................. 0.02829025 876
38 NORTH CAROLINA....................... 0.04993409 1,547
40 NORTH DAKOTA......................... 0.00445144 138
41 OHIO................................. 0.03025666 937
42 OKLAHOMA............................. 0.02084848 646
43 OREGON............................... 0.01749746 542
44 PENNSYLVANIA......................... 0.03508076 1,087
63 PUERTO RICO.......................... 0.01361295 422
45 RHODE ISLAND......................... 0.00061002 19
46 SOUTH CAROLINA....................... 0.02721728 843
47 SOUTH DAKOTA......................... 0.00727218 225
48 TENNESSEE............................ 0.02874616 891
49 TEXAS................................ 0.08626859 2,673
52 UTAH................................. 0.00539086 167
53 VERMONT.............................. 0.00496554 154
64 VIRGIN ISLANDS....................... 0.00348170 108
54 VIRGINIA............................. 0.02455868 761
56 WASHINGTON........................... 0.02114040 655
62 WEST PAC ISLANDS..................... 0.00407807 500
57 WEST VIRGINIA........................ 0.01464971 454
58 WISCONSIN............................ 0.02300364 713
59 WYOMING.............................. 0.00397110 123
-------------------------------
State Totals........................ .............. 31,327
100 Underserved Counties/Colonias... .............. 1,720
Empowerment Zones and Enterprise .............. 628
Community Set-Aside................
General Reserve..................... .............. 734
-------------------------------
Total........................... .............. 34,409
------------------------------------------------------------------------
HCFP--Fiscal Year 2008--Section 504 Direct Rural Housing Grants
[Allocation in thousands]
------------------------------------------------------------------------
State basic Total FY 2008
State formula factor allocation
------------------------------------------------------------------------
1 ALABAMA............................... 0.02895129 $742
60 ALASKA............................... 0.00683910 175
2 ARIZONA............................... 0.01822198 467
3 ARKANSAS.............................. 0.02307817 591
4 CALIFORNIA............................ 0.04712512 1,208
5 COLORADO.............................. 0.01159403 297
6 CONNECTICUT........................... 0.00371268 95
7 DELAWARE.............................. 0.00293163 75
9 FLORIDA............................... 0.03041312 779
10 GEORGIA.............................. 0.03661908 939
61 HAWAII............................... 0.00731435 187
12 IDAHO................................ 0.00852842 219
13 ILLINOIS............................. 0.02641754 677
15 INDIANA.............................. 0.02405959 617
16 IOWA................................. 0.01786210 458
18 KANSAS............................... 0.01364909 350
20 KENTUCKY............................. 0.02688977 689
22 LOUISIANA............................ 0.02413924 619
23 MAINE................................ 0.01074827 275
[[Page 16636]]
24 MARYLAND............................. 0.00927164 238
25 MASSACHUSETTS........................ 0.00548024 140
26 MICHIGAN............................. 0.03302491 846
27 MINNESOTA............................ 0.02348925 602
28 MISSISSIPPI.......................... 0.02699213 692
29 MISSOURI............................. 0.02801252 718
31 MONTANA.............................. 0.00736568 189
32 NEBRASKA............................. 0.00983363 252
33 NEVADA............................... 0.00359134 92
34 NEW HAMPSHIRE........................ 0.00589663 151
35 NEW JERSEY........................... 0.00461712 118
36 NEW MEXICO........................... 0.01420178 364
37 NEW YORK............................. 0.03156987 809
38 NORTH CAROLINA....................... 0.05019393 1,286
40 NORTH DAKOTA......................... 0.00470192 121
41 OHIO................................. 0.03422496 877
42 OKLAHOMA............................. 0.02108316 540
43 OREGON............................... 0.01770850 454
44 PENNSYLVANIA......................... 0.04090487 1,048
63 PUERTO RICO.......................... 0.01023070 262
45 RHODE ISLAND......................... 0.00074832 19
46 SOUTH CAROLINA....................... 0.02591134 664
47 SOUTH DAKOTA......................... 0.00723669 185
48 TENNESSEE............................ 0.02972644 762
49 TEXAS................................ 0.07876808 2,019
52 UTAH................................. 0.00493463 126
53 VERMONT.............................. 0.00527848 135
64 VIRGIN ISLANDS....................... 0.00243791 62
54 VIRGINIA............................. 0.02623675 672
56 WASHINGTON........................... 0.01980392 508
62 WEST PAC ISLANDS..................... 0.00280568 500
57 WEST VIRGINIA........................ 0.01559911 400
58 WISCONSIN............................ 0.02514997 645
59 WYOMING.............................. 0.00385395 99
-------------------------------
State Totals........................................ 26,054
100 Underserved Counties/Colonias................... 1,490
Empowerment Zones and Enterprise Community Set-Aside 596
General Reserve..................................... 1,650
-------------------------------
Total........................................... 29,790
------------------------------------------------------------------------
HCFP--Fiscal Year 2008--Underserved and Colonias Funds
[Allocation in thousands]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Sum of rural 502 502 VL 502 Low 504 504
Underserved state populations Percentage Weight Direct (45%) (55%) Loan Grant
--------------------------------------------------------------------------------------------------------------------------------------------------------
Alabama........................................................... 34,310 2.62 3 $1,121 $505 $617 $34 $30
Alaska............................................................ 29,320 2.24 3 1,121 505 617 34 30
Hawaii............................................................ 33,480 2.56 3 1,121 505 617 34 30
Arizona........................................................... 217,690 16.63 5 1,869 841 1,028 57 50
California........................................................ 69,640 5.32 4 1,495 673 822 46 40
Colorado.......................................................... 3,670 0.28 1 374 168 206 11 10
Florida........................................................... 72,310 5.52 4 1,495 673 822 46 40
Georgia........................................................... 14,230 1.09 2 748 336 411 23 20
Idaho............................................................. 1,030 0.08 1 374 168 206 11 10
Louisiana......................................................... 36,260 2.77 3 1,121 505 617 34 30
Mississippi....................................................... 92,260 7.05 4 1,495 673 822 46 40
Montana........................................................... 32,540 2.49 3 1,121 505 617 34 30
Nebraska.......................................................... 7,160 0.55 1 374 168 206 11 10
New Mexico........................................................ 57,970 4.43 4 1,495 673 822 46 40
North Dakota...................................................... 17,550 1.34 2 748 336 411 23 20
West Pac Islands.................................................. 5,920 0.45 1 374 168 206 11 10
Puerto Rico....................................................... 301,960 23.07 5 1,869 841 1,028 57 50
South Dakota...................................................... 41,840 3.20 3 1,121 505 617 34 30
Texas............................................................. 189,070 14.45 5 1,869 841 1,028 57 50
[[Page 16637]]
Virgin Islands.................................................... 50,580 3.86 3 1,121 505 617 34 30
-------------------------------------------------------------------------------------
1,308,790 100.00 60 22,430 10,093 12,336 688 596
Subtotal...................................................... .............. .............. ....... ....... ....... 22,430 688 596
Reserve....................................................... .............. .............. ....... ....... ....... 11,215 344 298
Colonias...................................................... .............. .............. ....... ....... ....... 22,430 688 596
--------------------------
Total FY 08............................................... .............. .............. ....... ....... ....... 56,074 1,720 1,490
Base Allocation........................................... .............. .............. ....... ....... ....... 373.83 11.47 9.93
--------------------------------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
502 504 504
COLONIAS Direct 502 VL 502 Low Loan Grant
----------------------------------------------------------------------------------------------------------------
Arizona............................................................ 5,607 2,523 3,084 172 149
California......................................................... 5,607 2,523 3,084 172 149
New Mexico......................................................... 5,607 2,523 3,084 172 149
Texas.............................................................. 5,607 2,523 3,084 172 149
--------------------------------------------
Total.......................................................... 22,430 10,093 12,336 688 596
----------------------------------------------------------------------------------------------------------------
HCFP--Fiscal Year 2008--Empowerment Zone, Enterprise Community and Rural Economic Partnership Funds
[Allocation in thousands]
----------------------------------------------------------------------------------------------------------------
502 VL EZ/ 502 Low EZ/ 504 Loan EZ/
State No. EC/REAP EC/REAP EC/REAP
amount amount amount
----------------------------------------------------------------------------------------------------------------
AK........................................ 1............................ $115 $135 $15
AZ........................................ 1............................ 115 135 15
CA........................................ 2............................ 230 270 30
FL........................................ 1............................ 115 135 15
GA........................................ 1............................ 115 135 15
HI........................................ 1............................ 115 135 15
IL........................................ 1............................ 115 135 15
IN........................................ 1............................ 115 135 15
KS........................................ 1............................ 115 135 15
KY........................................ 2............................ 230 270 30
ME........................................ 2............................ 230 270 30
MI........................................ 1............................ 115 135 15
MO........................................ 1............................ 115 135 15
MS........................................ 1............................ 115 135 15
MT........................................ 1............................ 115 135 15
ND........................................ 3............................ 345 405 45
NM........................................ 1............................ 115 135 15
NY........................................ 2............................ 230 270 30
OK........................................ 1............................ 115 135 15
PA........................................ 1............................ 115 135 15
SC........................................ 1............................ 115 135 15
SD........................................ 1............................ 115 135 15
TN........................................ 1............................ 115 135 15
TX........................................ 2............................ 230 270 30
VT........................................ 1............................ 115 135 15
WA........................................ 1............................ 115 135 15
WI........................................ 1............................ 115 135 15
WV........................................ 1............................ 115 135 15
Reserve................................... ............................. 4,065 5,163 103
Available................................. 35........................... 8,090 9,888 627
----------------------------------------------------------------------------------------------------------------
[[Page 16638]]
HCFP--Fiscal Year 2008--Section 502 Guaranteed Purchase 2005 Hurricane
Disaster Loans (Nonsubsidized)
[Allocation in actual dollars]
------------------------------------------------------------------------
State basic Total FY 2008
State formula factor allocation
------------------------------------------------------------------------
Alabama................................. N/A $28,313,769
Alaska.................................. N/A 0
Arizona................................. N/A 0
Arkansas................................ N/A 0
California.............................. N/A 0
Colorado................................ N/A 0
Connecticut............................. N/A 0
Delaware................................ N/A 0
Florida................................. N/A 28,313,769
Georgia................................. N/A 0
Hawaii.................................. N/A 0
Idaho................................... N/A 0
Illinois................................ N/A 0
Indiana................................. N/A 0
Iowa.................................... N/A 0
Kansas.................................. N/A 0
Kentucky................................ N/A 0
Louisiana............................... N/A 356,753,491
Maine................................... N/A 0
Maryland................................ N/A 0
Massachusetts........................... N/A 0
Michigan................................ N/A 0
Minnesota............................... N/A 0
Mississippi............................. N/A 237,835,660
Missouri................................ N/A 0
Montana................................. N/A 0
Nebraska................................ N/A 0
Nevada.................................. N/A 0
New Hampshire........................... N/A 0
New Jersey.............................. N/A 0
New Mexico.............................. N/A 0
New York................................ N/A 0
North Carolina.......................... N/A 0
North Dakota............................ N/A 0
Ohio.................................... N/A 0
Oklahoma................................ N/A 0
Oregon.................................. N/A 0
Pennsylvania............................ N/A 0
Puerto Rico............................. N/A 0
Rhode Island............................ N/A 0
South Carolina.......................... N/A 0
South Dakota............................ N/A 0
Tennessee............................... N/A 0
Texas................................... N/A 28,313,769
Utah.................................... N/A 0
Vermont................................. N/A 0
Virgin Islands.......................... N/A 0
Virginia................................ N/A 0
Washington.............................. N/A 0
West Pac................................ N/A 0
West Virginia........................... N/A 0
Wisconsin............................... N/A 0
Wyoming................................. N/A 0
-------------------------------
State Totals........................ .............. 679,530,458
National Office Reserve............. .............. 75,503,383
-------------------------------
Total........................... .............. 755,033,841
------------------------------------------------------------------------
** Includes FY 2007 Carryover.
[FR Doc. E8-6332 Filed 3-27-08; 8:45 am]
BILLING CODE 3410-XV-P