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HUD has issued a notice allocating during the 6-month period beginning
$1,805,976,000 in Community Development 01/01/2017, is
Block Grant disaster recovery (CDBG–DR) 2 ¾ percent. However, as a result of an
funds appropriated by the Further Continuing amendment to Section 224 of the Act, if an
and Security Assistance Appropriations Act, insurance claim relating to a mortgage insured
2017 for the purpose of assisting long-term under Sections 203 or 234 of the Act and
recovery in Florida, Louisiana, North Carolina, endorsed for insurance after January 23, 2004, is
South Carolina, Texas, and West Virginia. This paid in cash, the debenture interest rate for
allocation of CDBG–DR supplements funds purposes of calculating a claim shall be the
appropriated by the Continuing Appropriation monthly average yield, for the month in which
Act, 2017. It provided $500 million in CDBG– the default on the mortgage occurred, on United
DR funding that has been allocated to Louisiana, States Treasury Securities adjusted to a constant
Texas, and West Virginia in response to maturity of 10 years. The notice may be viewed
qualifying disasters. In HUD’s Federal Register at: https://www.gpo.gov/fdsys/pkg/FR-2017-01-
notice published on November 21, 2016, at 81 24/pdf/2017-01547.pdf. Federal Register, Vol.
FR 83254 (the Prior Notice), HUD described 82, No. 14, 01/24/2017, 8201-8202.
that allocation and applicable waivers and
alternative requirements, relevant statutory and HUD Requests Comment on Information
regulatory requirements, the grant award Collections.
process, criteria for action plan approval, and
eligible disaster recovery activities. Grantees • HUD has issued a notice to announce it
receiving an allocation of funds under this notice seeks comment on the information collection
are subject to the requirements of the Prior titled Notice on Equal Access Regardless of
Notice, including amendments provided within Sexual Orientation, Gender Identity, or Marital
this notice. The notice is effective 01/23/2017. Status for HUD’s Community Planning and
The notice may be viewed at: Development Programs. HUD is also giving
https://www.gpo.gov/fdsys/pkg/FR-2017-01- notice that it has sent the collection to OMB for
18/pdf/2017-01007.pdf. Federal Register, Vol. review. Comments are due 02/23/2017. The
82, No. 11, 01/18/2017, 5591-5595. notice may be viewed at:
https://www.gpo.gov/fdsys/pkg/FR-2017-01-
HUD Announces Debenture Interest Rates. 24/pdf/2017-01556.pdf. Federal Register, Vol.
82, No. 14, 01/24/2017, 8198-8200.
HUD has issued a notice announcing changes in
the interest rates to be paid on debentures issued • HUD has issued a notice to announce it
with respect to a loan or mortgage insured by the seeks comment on the information collection
Federal Housing Administration under the titled FHA-Insured Mortgage Loan Servicing
provisions of the National Housing Act (the Involving the Claims and Conveyance Process,
Act). The interest rate for debentures issued Property Inspection/ Preservation. HUD is also
under Section 221(g)(4) of the Act during the 6- giving notice that it has sent the collection to
month period beginning 01/01/2017 is OMB for review. Comments are due
2 ⅛ percent. The interest rate for debentures 03/27/2017. The notice may be viewed at:
issued under any other provision of the Act is https://www.gpo.gov/fdsys/pkg/FR-2017-01-
the rate in effect on the date that the 24/pdf/2017-01550.pdf. Federal Register, Vol.
commitment to insure the loan or mortgage was 82, No. 14, 01/24/2017, 8200-8201.
issued, or the date that the loan or mortgage was
endorsed (or initially endorsed if there are two • HUD has issued a notice to announce it
or more endorsements) for insurance, whichever seeks comment on the information collection
rate is higher. The interest rate for debentures titled FHA-Insured Mortgage Loan Servicing for
issued under these other provisions with respect Performing Loans Including: Collection and
to a loan or mortgage committed or endorsed Payment of Mortgage Insurance Premiums,
Escrow Administration, Providing Loan
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