Published 60-day Notice

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Federal Register / Vol. 82, No. 142 / Wednesday, July 26, 2017 / Notices

commitment to insure the loan or
mortgage was issued, or the date the
loan or mortgage was endorsed (or
initially endorsed if there are two or
more endorsements) for insurance,
whichever rate is higher. This provision
is implemented in HUD’s regulations at
24 CFR 203.405, 203.479, 207.259(e)(6),
and 220.830. These regulatory
provisions state that the applicable rates
of interest will be published twice each
year as a notice in the Federal Register.
Section 224 further provides that the
interest rate on these debentures will be
set from time to time by the Secretary
of HUD, with the approval of the
Secretary of the Treasury, in an amount
not in excess of the annual interest rate
determined by the Secretary of the
Treasury pursuant to a statutory formula
based on the average yield of all
outstanding marketable Treasury
obligations of maturities of 15 or more
years.
The Secretary of the Treasury (1) has
determined, in accordance with the
provisions of Section 224, that the
statutory maximum interest rate for the
period beginning July 1, 2017, is 27⁄8
percent; and (2) has approved the
establishment of the debenture interest
rate by the Secretary of HUD at 27⁄8
percent for the 6-month period
beginning July 1, 2017. This interest rate
will be the rate borne by debentures
issued with respect to any insured loan
or mortgage (except for debentures
issued pursuant to Section 221(g)(4))
with insurance commitment or
endorsement date (as applicable) within
the latter 6 months of 2017.
For convenience of reference, HUD is
publishing the following chart of
debenture interest rates applicable to
mortgages committed or endorsed since
January 1, 1980:

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Effective
interest
rate
91⁄2 ............
97⁄8 ............
113⁄4 ..........
127⁄8 ..........
123⁄4 ..........
101⁄4 ..........
103⁄8 ..........
111⁄2 ..........
133⁄8 ..........
115⁄8 ..........
111⁄8 ..........
101⁄4 ..........
81⁄4 ............
8 ...............
9 ...............
91⁄8 ............
93⁄8 ............
91⁄4 ............
9 ...............
81⁄8 ............

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on or after
Jan. 1, 1980
July 1, 1980
Jan. 1, 1981
July 1, 1981
Jan. 1, 1982
Jan. 1, 1983
July 1, 1983
Jan. 1, 1984
July 1, 1984
Jan. 1, 1985
July 1, 1985
Jan. 1, 1986
July 1, 1986
Jan. 1, 1987
July 1, 1987
Jan. 1, 1988
July 1, 1988
Jan. 1, 1989
July 1, 1989
Jan. 1, 1990

prior to
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...

17:49 Jul 25, 2017

July 1, 1980
Jan. 1, 1981
July 1, 1981
Jan. 1, 1982
Jan. 1, 1983
July 1, 1983
Jan. 1, 1984
July 1, 1984
Jan. 1, 1985
July 1, 1985
Jan. 1, 1986
July 1, 1986
Jan. 1. 1987
July 1, 1987
Jan. 1, 1988
July 1, 1988
Jan. 1, 1989
July 1, 1989
Jan. 1, 1990
July 1, 1990

Jkt 241001

Effective
interest
rate
9 ...............
83⁄4 ............
81⁄2 ............
8 ...............
8 ...............
73⁄4 ............
7 ...............
65⁄8 ............
73⁄4 ............
83⁄8 ............
71⁄4 ............
61⁄2 ............
71⁄4 ............
63⁄4 ............
71⁄8 ............
63⁄8 ............
61⁄8 ............
51⁄2 ............
61⁄8 ............
61⁄2 ............
61⁄2 ............
6 ...............
57⁄8 ............
51⁄4 ............
53⁄4 ............
5 ...............
41⁄2 ............
51⁄8 ............
51⁄2 ............
47⁄8 ............
41⁄2 ............
47⁄8 ............
53⁄8 ............
43⁄4 ............
5 ...............
41⁄2 ............
45⁄8 ............
41⁄8 ............
41⁄8 ............
41⁄4 ............
41⁄8 ............
37⁄8 ............
41⁄8 ............
27⁄8 ............
23⁄4 ............
21⁄2 ............
27⁄8 ............
35⁄8 ............
31⁄4 ............
3 ...............
27⁄8 ............
27⁄8 ............
21⁄2 ............
23⁄4 ............
27⁄8 ............

on or after
July 1, 1990
Jan. 1, 1991
July 1, 1991
Jan. 1, 1992
July 1, 1992
Jan. 1, 1993
July 1, 1993
Jan. 1, 1994
July 1, 1994
Jan. 1, 1995
July 1, 1995
Jan. 1, 1996
July 1, 1996
Jan. 1, 1997
July 1, 1997
Jan. 1, 1998
July 1, 1998
Jan. 1, 1999
July 1, 1999
Jan. 1, 2000
July 1, 2000
Jan. 1, 2001
July 1, 2001
Jan. 1, 2002
July 1, 2002
Jan. 1, 2003
July 1, 2003
Jan. 1, 2004
July 1, 2004
Jan. 1, 2005
July 1, 2005
Jan. 1, 2006
July 1, 2006
Jan. 1, 2007
July 1, 2007
Jan. 1, 2008
July 1, 2008
Jan. 1, 2009
July 1, 2009
Jan. 1, 2010
July 1, 2010
Jan. 1, 2011
July 1, 2011
Jan. 1, 2012
July 1, 2012
Jan. 1, 2013
July 1, 2013
Jan. 1, 2014
July 1, 2014
Jan. 1, 2015
July 1, 2015
Jan. 1, 2016
July 1, 2016
Jan. 1, 2017
July 1, 2017

prior to
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...
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...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
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...
...
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...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...
...

Jan. 1, 1991
July 1, 1991
Jan. 1, 1992
July 1, 1992
Jan. 1, 1993
July 1, 1993
Jan. 1, 1994
July 1, 1994
Jan. 1, 1995
July 1, 1995
Jan. 1, 1996
July 1, 1996
Jan. 1, 1997
July 1, 1997
Jan. 1, 1998
July 1, 1998
Jan. 1, 1999
July 1, 1999
Jan. 1, 2000
July 1, 2000
Jan. 1, 2001
July 1, 2001
Jan. 1, 2002
July 1, 2002
Jan. 1, 2003
July 1, 2003
Jan. 1, 2004
July 1, 2004
Jan. 1, 2005
July 1, 2005
Jan. 1, 2006
July 1, 2006
Jan. 1, 2007
July 1, 2007
Jan. 1, 2008
July 1, 2008
Jan. 1, 2009
July 1, 2009
Jan. 1, 2010
July 1, 2010
Jan. 1, 2011
July 1, 2011
Jan. 1, 2012
July 1, 2012
Jan. 1, 2013
July 1, 2013
Jan. 1, 2014
July 1, 2014
Jan. 1, 2015
July 1, 2015
Jan. 1, 2016
July 1, 2016
Jan. 1, 2017
July 1, 2017
Jan. 1, 2018

Section 215 of Division G, Title II of
Public Law 108–199, enacted January
23, 2004 (HUD’s 2004 Appropriations
Act) amended Section 224 of the Act, to
change the debenture interest rate for
purposes of calculating certain
insurance claim payments made in cash.
Therefore, for all claims paid in cash on
mortgages insured under Section 203 or
234 of the National Housing Act and
endorsed for insurance after January 23,
2004, the debenture interest rate will be
the monthly average yield, for the
month in which the default on the
mortgage occurred, on United States

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Treasury Securities adjusted to a
constant maturity of 10 years, as found
in Federal Reserve Statistical Release H–
15. The Federal Housing Administration
has codified this provision in HUD
regulations at 24 CFR 203.405(b) and 24
CFR 203.479(b).
Section 221(g)(4) of the Act provides
that debentures issued pursuant to that
paragraph (with respect to the
assignment of an insured mortgage to
the Secretary) will bear interest at the
‘‘going Federal rate’’ in effect at the time
the debentures are issued. The term
‘‘going Federal rate’’ is defined to mean
the interest rate that the Secretary of the
Treasury determines, pursuant to a
statutory formula based on the average
yield on all outstanding marketable
Treasury obligations of 8- to 12-year
maturities, for the 6-month periods of
January through June and July through
December of each year. Section 221(g)(4)
is implemented in the HUD regulations
at 24 CFR 221.255 and 24 CFR 221.790.
The Secretary of the Treasury has
determined that the interest rate to be
borne by debentures issued pursuant to
Section 221(g)(4) during the 6-month
period beginning July 1, 2017, is 21⁄4
percent.
The subject matter of this notice falls
within the categorical exemption from
HUD’s environmental clearance
procedures set forth in 24 CFR
50.19(c)(6). For that reason, no
environmental finding has been
prepared for this notice.
(Authority: Sections 211, 221, 224, National
Housing Act, 12 U.S.C. 1715b, 1715l, 1715o;
Section 7(d), Department of HUD Act, 42
U.S.C. 3535(d).)
Dated: July 14, 2017.
Dana T. Wade,
General Deputy Assistant Secretary for
Housing.
[FR Doc. 2017–15668 Filed 7–25–17; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF THE INTERIOR
Bureau of Indian Affairs
[178A2100DD/AAKC001030/
A0A501010.999900 253G]

Agency Information Collection
Activities: OMB Control Number 1076–
0178; Native American Business
Development Institute (NABDI)
Funding Solicitations and Reporting
Bureau of Indian Affairs,
Interior.
ACTION: Notice of request for comments.
AGENCY:

In compliance with the
Paperwork Reduction Act of 1995, the
Assistant Secretary—Indian Affairs is

SUMMARY:

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Federal Register / Vol. 82, No. 142 / Wednesday, July 26, 2017 / Notices

mstockstill on DSK30JT082PROD with NOTICES

seeking comments on the renewal of
Office of Management and Budget
(OMB) approval for the collection of
information for the Native American
Business Development Institute
(NABDI) Funding Solicitation and
Reporting authorized by OMB Control
Number 1076–0178. This information
collection expires September 30, 2017.
DATES: Submit comments on or before
September 25, 2017.
ADDRESSES: You may submit comments
on the information collection to Mr. Jack
Stevens, Division Chief, Office of Indian
Energy and Economic Development,
Assistant Secretary—Indian Affairs,
1951 Constitution Avenue NW., MS–20
SIB, Washington, DC 20240; facsimile:
(202) 208–4564; email: Jack.Stevens@
bia.gov.
FOR FURTHER INFORMATION CONTACT: Mr.
Jack Stevens, (202) 208–6764.
SUPPLEMENTARY INFORMATION:
I. Abstract
The Division of Economic
Development (DED), within the Office of
Indian Energy and Economic
Development (IEED), established the
Native American Business Development
Institute (NABDI) to provide technical
assistance funding to federally
recognized American Indian Tribes
seeking to retain universities and
colleges, private consulting firms, nonacademic/non-profit entities, or others
to prepare studies of economic
development opportunities or plans.
These studies and plans will empower
American Indian Tribes and Tribal
businesses to make informed decisions
regarding their economic futures.
Studies may concern the viability of an
economic development project or
business or the practicality of a
technology a Tribe may choose to
pursue. The DED will specifically
exclude from consideration proposals
for research and development projects,
requests for funding of salaries for
Tribal government personnel, funding to
pay legal fees, and requests for funding
for the purchase or lease of structures,
machinery, hardware or other capital
items. Plans may encompass future
periods of five years or more and
include one or more economic
development factors including but not
limited to land and retail use, industrial
development, tourism, energy, resource
development and transportation.
This is an annual program whose
primary objective is to create jobs and
foster economic activity within Tribal
communities. The DED will administer
the program within IEED; and studies
and plans as described herein will be
sole discretionary projects DED will

VerDate Sep<11>2014

17:49 Jul 25, 2017

Jkt 241001

consider or fund absent a competitive
bidding process. When funding is
available, DED will solicit proposals for
studies and plans. To receive these
funds, Tribes may use the contracting
mechanism established by Public Law
93–638, the Indian Self-Determination
Act or may obtain adjustments to their
funding from the Office of SelfGovernance. See 25 U.S.C. 450 et seq.
Interested applicants must submit a
Tribal resolution requesting funding, a
statement of work describing the project
for which the study is requested or the
scope of the plan envisioned, the
identity of the academic institution or
other entity the applicant wishes to
retain (if known) and a budget
indicating the funding amount
requested and how it will be spent. The
DED expressly retains the authority to
reduce or otherwise modify proposed
budgets and funding amounts.
Applications for funding will be
juried and evaluated on the basis of a
proposed project’s potential to generate
jobs and economic activity on the
reservation.
II. Request for Comments
The IEED requests your comments on
this collection concerning: (a) The
necessity of this information collection
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility; (b) The accuracy of the
agency’s estimate of the burden (hours
and cost) of the collection of
information, including the validity of
the methodology and assumptions used;
(c) Ways we could enhance the quality,
utility, and clarity of the information to
be collected; and (d) Ways we could
minimize the burden of the collection of
the information on the respondents.
Please note that an agency may not
conduct or sponsor, and an individual
need not respond to, a collection of
information unless it has a valid OMB
Control Number.
It is our policy to make all comments
available to the public for review at the
location listed in the ADDRESSES section.
Before including your address, phone
number, email address or other personal
identifying information in your
comment, you should be aware that
your entire comment—including your
personal identifying information—may
be made publicly available at any time.
While you can ask us in your comment
to withhold your personal identifying
information from public review, we
cannot guarantee that we will be able to
do so.
III. Data
OMB Control Number: 1076–0178.

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34687

Title: Native American Business
Development Institute (NABDI) Funding
Solicitations and Reporting.
Brief Description of Collection: Indian
Tribes that would like to apply for
NABDI funding must submit an
application that includes certain
information. A complete application
must contain:
• A duly-enacted, signed resolution
of the governing body of the Tribe;
• A proposal describing the planned
activities and deliverables products; and
• The identity (if known) of the
academic institution, private consultant,
non-profit/non-academic entity, or other
entity the Tribe has chosen to perform
the study or prepare the plan; and
• A detailed budget estimate,
including contracted personnel costs,
travel estimates, data collection and
analysis costs, and other expenses,
through DED reserves authority to
reduce or otherwise modify this budget.
The DED requires this information to
ensure that it provides funding only to
those projects that meet the economic
development and job creation goals for
which NABDI was established.
Applications will be evaluated on the
basis of the proposed project’s potential
to generate jobs and economic activity
on the reservation. Upon completion of
the funded project, a Tribe must then
submit a final report summarizing
events, accomplishments, problems
and/or results in executing the project.
Type of Review: Extension without
change of currently approved collection.
Respondents: Indian Tribes with trust
or restricted land.
Number of Respondents: 20
applicants per year; 20 project
participants each year, on average.
Frequency of Response: Once per year
for applications and final report.
Estimated Time per Response: 40
hours per application; 1.5 hours per
progress report.
Obligation to Respond: Response is
required to obtain a benefit.
Estimated Total Annual Hour Burden:
830 hours (800 for applications and 30
for final reports).
Estimated Total Annual Non-Hour
Dollar Cost: $0.
Authority
The authority for this action is the
Paperwork Reduction Act of 1995, 44
U.S.C. 3501 et seq.
Elizabeth K. Appel,
Director, Office of Regulatory Affairs and
Collaborative Action—Indian Affairs.
[FR Doc. 2017–15678 Filed 7–25–17; 8:45 am]
BILLING CODE 4337–15–P

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