10.064 FORESTRY INCENTIVES PROGRAM FEDERAL AGENCY: Agricultural Stabilization and Conservation Service (ASCS), Department of Agriculture AUTHORIZATION: Cooperative Forestry Assistance Act of 1978, Public Law 95-313. OBJECTIVES: To bring private nonindustrial forest land under intensified management; to increase timber production; to assure adequate supplies of timber; and to enhance other forest resources through a combination of public and private investments on the most productive sites on eligible individual or consolidated ownerships of efficient size and operation. TYPES OF ASSISTANCE: Direct Payments for Specified Use. ELIGIBILITY REQUIREMENTS: Applicant Eligibility: A private individual, group, association, Indian tribe or other native group, corporation (except corporations whose stocks are publicly traded) or other legal entity which owns "nonindustrial" private forest lands capable of producing industrial wood crops is eligible to apply for cost-sharing assistance. Cost-share agreements are limited to eligible ownerships of land of not more than 1,000 acres except by special approval. This program is available to eligible landowners in the United States or any commonwealth, territory or possession of the United States. Beneficiary Eligibility: A private individual, group, association, Indian tribe or other native group, corporation (except corporations whose stocks are publicly traded) or other legal entity which owns "nonindustrial" private forest lands capable of producing industrial wood crops is eligible to apply for cost-sharing assistance. Cost-share agreements are limited to eligible ownerships of land of not more than 1,000 acres except by special approval. This program is available to eligible landowners in the United States or any commonwealth, territory or possession of the United States. Credentials/ Documentation: Identification as an eligible person, and proof of contribution to the cost of performing the practice. This program is excluded from coverage under Office of Management and Budget (OMB) Circular No. A-87. 12-3336-0-1 FINANCIAL INFORMATION: Account Identification: FY 88 est $13,571,000; and FY 89 est $0. Range and Average of Financial Assistance: $3 to $10,000 per year; $1,600. INFORMATION CONTACTS: Regional or Local Office: Consult the local telephone directory for location of the ASCS county office. If no listing, get in touch with appropriate ASCS State office listed in the Catalog. Headquarters Office: Conservation and Environmental Protection Division, Agricultural Stabilization and Conservation Service, Department of Agriculture, P.O. Box 2415, Washington, DC 20013. Telephone: (202) 447-6221. (Use same 7-digit number for FTS.) 10.405 FARM LABOR HOUSING LOANS AND GRANTS (LABOR HOUSING) FEDERAL AGENCY: Farmers Home Administration (FmHA), Department of Agriculture AUTHORIZATION: Housing Act of 1949, as amended, Sections 514 and 516, Public Laws 89-117 and 89-754, 42 U.S.C 1484 and 1486. OBJECTIVES: To provide decent, safe, and sanitary low-rent housing and related facilities for domestic farm laborers. TYPES OF ASSISTANCE: Project Grants; Guaranteed/Insured ELIGIBILITY REQUIREMENTS: Applicant Eligibility: Loans are available to farmers, family farm partnership, family farm corporation, or an association of farmers. Loans and grants are available to States, Puerto Rico, the U.S. Virgin Islands, political subdivisions of States, broad-based nonprofit organizations, federally recognized Indian tribes and nonprofit corporations of farm workers. Grants are available to eligible applicants only when there is a pressing need and when it is doubtful that such facilities could be provided unless grant assistance is available. Beneficiary Eligibility: A domestic farm laborer is any person who receives a substantial portion of his/her income as a laborer on a farm in the United States and either (1) is a citizen of the United States, or (2) has been legally admitted for permanent residency. Credentials/Documentation: The applicant must furnish factual evidence of the following: (a) The number of domestic farm laborers currently being used in the area, (b) the kind of labor performed, (c) the future need for domestic farm labor in the area, (d) the kind, condition, and adequacy of housing presently used for such labor, (e) ownership of presently occupied housing, (f) ability of workers to pay necessary rent, and (g) with the exception of State and local public agencies, be unable to provide housing from its own resources or credit on terms and conditions that would enable the applicant to provide labor housing. Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments. FINANCIAL INFORMATION: Account Identification: (Grants) 12-2004-0-1-604; (Loans) 12-4141-0-3-371. Obligations: (Loans) FY 87 $10,675,129; FY 88 est $11,480,000; and FY 89 est $0. (Grants) FY 87 $10,854,720; FY 88 est $7,135,000; and FY 89 est $11,701. Range and Average of Financial Assistance: Initial Grants $135,000 to $2,300,000; $1,104,120. Initial Loans to individuals $20,000 to $200,000; $34,500. Initial Loans to organizations $165,000 to $670,000; $292,753. INFORMATION CONTACTS: Regional or Local Office: Consult your local telephone directory for FmHA District Office number. If no listing, contact appropriate FmHA State Office listed in the Catalog. Headquarters Office: Multi-Family Housing Processing Division, Farmers Home Administration, Department of Agriculture, Washington, DC 20250. Telephone: (202) 382-1604. (Use same 7 digit number for FTS.) 10.410 VERY LOW AND LOW INCOME HOUSING LOANS (SECTION 502 RURAL HOUSING LOANS) FEDERAL AGENCY: Farmers Home Administration, Department of Agriculture AUTHORIZATION: Housing Act of 1949, Title V, Section 502, as amended, Public Law 89-117, 42 U.S.C. 1471, et seq; Public Law 92-310, 42 U.S.C. 1480, 42 U.S.C. 1472; Public Law 98-51; Public Law 100-233; Amendment of Consolidated Farm and Rural Development Act of 1987, Section 601. OBJECTIVES: To assist lower-income rural families to obtain decent, safe, and sanitary dwellings and related facilities. Subsidized funds are available only for low- and very low-income applicants. Nonsubsidized funds are available to low- and very low-income borrowers who do not qualify for interest credit assistance and to moderate-income borrowers only for 1) subsequent loans for repair and rehabilitation; and 2) subsequent loans in connection with transfers by assumption or credit sales. Also, nonsubsidized funds (other than servicing) are available for very low- and low-income applicants who are otherwise eligible for assistance, but, based on the amount of the loan requested, the interest credit assistance formula resulted in no interest credit. The funds are for loans for new or existing construction not currently financed or owned by FmHA. ELIGIBILITY REQUIREMENTS: Applicant Eligibility: An applicant must be without adequate resources to provide housing on his own account, or related facilities. The applicant must be unable to secure the necessary credit from other sources at prevailing terms and conditions for residential type financing; be a citizen of the United States or reside in the United States after having been legally admitted for permanent residence or on indefinite parole; have adequate and dependable available income to meet operating and family living expenses, including taxes, insurance and maintenance, and repayments on debts including the proposed loan. Applicants must be eligible for interest credit and income may not exceed the low-income limits set forth in FmHA Instructions. Low-income limits, based on 80 percent of an area's median income, range from $11,500 to $18,000, except in the high cost area of Alaska where the range is from $24,000 to $27,000. The very low-income limits are according to the size of household as is established by the Department of Housing and Urban Development (HUD) for the county or Metropolitan Statistical Area (MSA) where the property is or will be located. Beneficiary Eligibility: An applicant must be an owner, or when the loan is closed, become the owner of a dwelling and the site on which it is located, in a rural area. Be a citizen of the United States or reside in the United States after having been legally admitted for permanent residence or on indefinite parole. Have adequate and dependable available income to meet operating and family living expenses, including taxes, insurance and maintenance, and repayments on debts including the proposed loan; be without adequate housing or with sufficient resources to provide on his own account the necessary housing, or related facilities; and, be unable to secure the necessary credit from other sources at prevailing terms and conditions for residential type financing. Applicants must be eligible for interest credit and income may not exceed the low-income limits set forth in FmHA Instructions. Low-income limits, based on 80 percent of an area's median income, range from 12-4141-0-3 $11,500 to $18,000, except in the high cost area of Alaska where the range is from $24,000 to $27,000. Credentials/ Documentation: Applicants may need to submit evidence of inability to obtain credit elsewhere, verification of income and debts, plans, specifications, and cost estimates. This program is excluded from coverage under OMB Circular No. A-87. FINANCIAL INFORMATION: Account Identification: 371. Obligations: (Loans) FY 87 $1,155,346,650; FY 88 $1,339,800,000; and FY 89 est $0 for unsubsidized low or moderate-income loans for servicing and repairs. Range and Average of Financial Assistance: $1,000 to $82,000; $40,920 for new construction and $37,414 for existing cost. INFORMATION CONTACTS: Regional or Local Office: Consult your local telephone directory for FmHA county office number. If no listing, contact appropriate Farmers Home Administration State Office listed in the Catalog. Headquarters Office: Administrator, Farmers Home Administration, Department of Agriculture, Washington, DC 20250. Telephone: (202) 447-7967. (Use same 7-digit number for FTS.) 10.415 RURAL RENTAL HOUSING LOANS FEDERAL AGENCY: Farmers Home Administration, Department of Agriculture AUTHORIZATION: Housing Act of 1949, as amended, Sections 515 and 521, Public Law 89-117, 42 U.S.C. 1485, 1490a. OBJECTIVES: To provide economically designed and constructed rental and cooperative housing and related facilities suited for independent living for rural residents. TYPES OF ASSISTANCE: Guaranteed/Insured Loans. Applicants ELIGIBILITY REQUIREMENTS: Applicant Eligibility: may be individuals, cooperatives, nonprofit organizations, State or local public agencies or profit corporations, trusts, partnership, limited partnerships, and with the exception of State or local public agencies be unable to finance the housing either with their own resources or with credit obtained from private sources. However, applicants must be able to assume the obligations of the loan, furnish adequate security, and have sufficient income for repayment. They must also have the ability and intention of maintaining and |