Federal Register / Vol. 72, No.
151 / Tuesday, August 7, 2007 / Notices 44081
written evidence that the funds are
available.
(a) The intermediary will obtain non-
Agency loan or grant funds or provide
housing tax credits (measured in
dollars) to pay part of the cost of the
ultimate recipients’ project cost. The
Intermediary shall pledge as collateral
its PRLF Revolving Fund, including its
portfolio of investments derived from
the proceeds of other funds and this
loan award.
Points for the amount of funds from
other sources are as follows:
(i) At least 10% but less than 25% of
the total project cost—5 points;
(ii) At least 25% but less than 50% of
the total project cost—10 points; or
(iii) 50% or more of the total project
cost—15 points.
(b) The intermediary will provide
loans to the ultimate recipient from its
own funds (not loan or grant) to pay part
of the ultimate recipients’ project cost.
The amount of the intermediary’s own
funds will average:
(i) At least 10% but less than 25% of
the total project costs—5 points;
(ii) At least 25% but less than 50% of
total project costs—10 points; or
(iii) 50% or more of total project
costs—15 points.
(2) Intermediary contribution. The
Intermediary will contribute its own
funds not derived from the Agency. The
non-Agency contributed funds will be
placed in a separate account from the
PRLF loan account. The Intermediary
shall contribute funds not derived from
the Agency into a separate bank account
or accounts according to their ‘‘work
plan’’. These funds are to be placed into
an interest bearing counter-signature-
account until the PRLF revolves. No
other funds shall be commingled with
such money.
The amount of non-Agency derived
funds contributed to the PRLF will
equal the following percentage of the
Agency PRLF loan:
(a) At least 5% but less than 15%—
15 points;
(b) At least 15% but less than 25%—
30 points; or
(c) 25% or more—50 points.
(3) Experience. The intermediary has
actual experience in the administration
of revolving loan funds and the
preservation of multi-family housing,
with a successful record, for the
following number of full years.
Applicants must have actual experience
in both the administration of revolving
loan funds and the preservation of
jlentini on PROD1PC65 with NOTICES
multi-family housing in order to qualify
for points under this selection criteria.
If the number of years of experience
differs between the two types of above
listed experience, the type of experience
VerDate Aug<31>2005 15:56 Aug 06, 2007 Jkt 211001
with the lesser number of years will be
used for this selection criteria.
(a) At least 1 but less than 3 years—
5 points;
(b) At least 3 but less than 5 years—
10 points;
(c) At least 5 but less than 10 years—
20 points; or
(d) 10 or more years—30 points.
(4) Administrative. The Administrator
may assign up to 25 additional points to
an application to account for the
following items not adequately covered
by the other priority criteria set out in
this section. The items that will be
considered are the amount of funds
requested in relation to the amount of
need; a particularly successful
affordable housing development record;
a service area with no other PRLF
coverage; a service area with severe
affordable housing problems; a service
area with emergency conditions caused
by a natural disaster; an innovative
proposal; the quality of the proposed
program; a work plan that is in accord
with a strategic plan, particularly a plan
prepared as part of a request for an
Empowerment Zone/Enterprise
Community designation; or excellent
utilization of an existing revolving loan
fund program.
VI. Appeal Process
All adverse determinations regarding
applicant eligibility and the awarding of
points as part of the selection process
are appealable. Instructions on the
appeal process will be provided at the
time an applicant is notified of the
adverse action.
Dated: July 30, 2007.
Russell T. Davis,
Administrator, Rural Housing Service.
[FR Doc. 07–3841 Filed 8–6–07; 8:45 am]
BILLING CODE 3410–XV–M
COMMISSION ON CIVIL RIGHTS
Agenda and Notice of Public Meeting
of the Alabama Advisory Committee
Notice is hereby given, pursuant to
the provisions of the rules and
regulations of the U.S. Commission on
Civil Rights (Commission), and the
Federal Advisory Committee Act
(FACA), that a planning meeting of the
Alabama Advisory Committee to the
Commission will convene on Tuesday,
August 7, 2007 at 6 p.m. and adjourn at
8 p.m. at the Sheraton Birmingham
Hotel, 2101 Richard Arrington Jr., Blvd.,
North, Birmingham, Alabama 35203.
The purpose of the meeting is to
conduct program planning for future
activities.
PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 E:\FR\FM\07AUN1.SGM
Members of the public are entitled to
submit written comments; the
comments must be received in the
Central Regional Office by July 13, 2007.
The address is 400 State Avenue, Suite
908, Kansas City, Kansas 66101. Persons
wishing to e-mail their comments, or to
present their comments verbally at the
meeting, or who desire additional
information should contact Farella E.
Robinson, Civil Rights Analyst, Central
Regional Office, at (913) 551–1400 or by
e-mail frobinson@usccr.gov.
Hearing-impaired persons who will
attend the meeting and require the
services of a sign language interpreter
should contact the Regional Office at
least ten (10) working days before the
scheduled date of the meeting.
Records generated from this meeting
may be inspected and reproduced at the
Central Regional Office, as they become
available, both before and after the
meeting. Persons interested in the work
of the advisory committee are advised to
go to the Commission’s Web site,
http://www.usccr.gov, or to contact the
Central Regional Office at the above e-
mail or street address.
The meeting will be conducted
pursuant to the provisions of the rules
and regulations of the Commission and
FACA. It was not possible to publish
this notice 15 days in advance of the
meeting date because of internal
processing delays.
Dated at Washington, DC, August 2, 2007.
Ivy L. Davis,
Acting Chief, Regional Programs
Coordination Unit.
[FR Doc. E7–15353 Filed 8–6–07; 8:45 am]
BILLING CODE 6335–01–P
COMMISSION ON CIVIL RIGHTS
Agenda and Notice of Public Meeting
of the Indiana Advisory Committee
Notice is hereby given, pursuant to
the provisions of the rules and
regulations of the U.S. Commission on
Civil Rights (Commission), and the
Federal Advisory Committee Act
(FACA), that a planning meeting with
briefing of the Indiana Advisory
Committee will convene at 9 a.m. and
adjourn at 1 p.m. on Tuesday, August 7,
2007, at the Hyatt Regency Hotel, One
South Capitol Avenue, Indianapolis, IN
46204. The purpose of the meeting is to
conduct an orientation and ethics
training for new members, plan future
activities, and have a briefing on
religious discrimination in prisons.
Members of the public are entitled to
submit written comments; the
comments must be received in the
regional office by August 14, 2007. The
07AUN1