operating the housing for purposes for which the loan is made. Loans may be made in communities up to 10,000 people in MSAs and communities up to 20,000 population in rural areas. Applicants in towns of 10,000 to 20,000 should check with local FmHA office to determine if agency can serve them. Assistance is available to eligible applicants in States, Puerto Rico, the Virgin Islands, Guam, American Samoa, the Northern Marianas, and the Trust Territory of the Pacific Islands. Beneficiary Eligibility: Occupants must be low- to moderate-income families senior citizens or handicapped. Credentials/Documentation: Applicant must furnish evidence of the following: (a) A comprehensive market analysis showing the need for such service; (b) a legal capacity to incur the obligation and operate the housing; (c) a sound budget; (d) inability to obtain necessary funds from other sources on terms and conditions that would enable the applicant to rent the units for amounts that are within payment ability of eligible low- and moderate-income, senior citizen or handicapped occupants. This program is excluded from coverage under OMB Circular No. A-87. FINANCIAL INFORMATION: Account Identification: 12-4141-0-3 371. Obligations: (Loans) FY 87 $554,898,881; FY 88 est $554,900,000; and FY 89 est $0. Range and Average of Financial Assistance: Initial insured loans to individuals, $60,000 to $450,000; $250,000. Initial insured loans to organizations, $75,000 to $2,000,000; $750,000. INFORMATION CONTACTS: Regional or Local Office: Consult your local telephone directory for FmHA county or district office number. If no listing, get in touch with appropriate FmHA State office listed in the Catalog. Headquarters Office: Administrator, Farmers Home Administration, Department of Agriculture, Washington, DC 20250. Telephone: (202) 382-1604. (Use same 7-digit number for FTS.) 10.417 VERY LOW-INCOME HOUSING REPAIR LOANS AND GRANTS (SECTION 504 RURAL HOUSING LOANS AND GRANTS) FEDERAL AGENCY: Farmers Home Administration, Department of Agriculture AUTHORIZATION: Housing Act of 1949, Title V, Section 504, as amended, Public Laws 89-117, 89-754, and 92-310, 42 U.S.C. 1474. OBJECTIVES: To give very low-income rural homeowners an opportunity to make essential repairs to their homes to make them safe and to remove health hazards to the family or the community. TYPES OF ASSISTANCE: Direct Loans; Project Grants. ELIGIBILITY REQUIREMENTS: Applicant Eligibility: Applicant must own and occupy a home in a rural area; be without sufficient income to qualify for a Section 502 loan; have sufficient income to repay the loan; and 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. Grant recipients must be 62 years of age or older and be unable to repay the part of the assistance received as a grant. Applicant's income may not exceed the very low-income limit set forth in FmHA Instructions. Very low-income limits range from $5,000 to $11,500, depending on an area's median income. Beneficiary Eligibility: Applicant must own and Occupy a home in a rural area; be without sufficient income to qualify for a Section 502 loan; have sufficient income to repay the loan; and 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. Grant recipients must be 62 years of age or older and be unable to repay the part of the assistance received as a grant. Applicant's income may not exceed the very low-income limit set forth in FmHA Instructions. Very low-income limits range from $5,000 to $11,500, depending on an area's median income. Credentials/Documentation: Evidence of ownership and verification of income and debts. This program is excluded from coverage under OMB Circular No. A-87. FINANCIAL INFORMATION: Account Identification: (Loans) 12-4141-0-3-371; (Grants) 12-2064-0-1-604. Obligations: (Loans) FY 87 $5,848,000; FY 88 est $11,330,000; and FY 89 est $0. (Grants) FY 87 $13,890,828; FY 88 est $12,500,000; and FY 89 est $0. Range and Average of Financial Assistance: Loans--$200 to $7,500; $3,233; Grants--$200 to $5,000; $3,076. INFORMATION CONTACTS: Regional or Local Office: Consult your local telephone directory for FmHA county office number. If no listing, get in touch with appropriate FmHA 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.) 10.418 WATER AND WASTE DISPOSAL SYSTEMS FOR RURAL COMMUNITIES FEDERAL AGENCY: Agriculture AUTHORIZATION: Farmers Home Administration, Department of Consolidated Farm and Rural Development Act, as amended, Section 306, Public Law 92-419, 7 U.S.C. 1926. OBJECTIVES: To provide basic human amenities, alleviate health hazards and promote the orderly growth of the rural areas of the nation by meeting the need for new and improved rural water and waste disposal facilities. TYPES OF ASSISTANCE: Project Grants; Direct Loans. ELIGIBILITY REQUIREMENTS: Applicant Eligibility: Municipalities, counties, and other political subdivisions of a State, such as districts and authorities; associations, cooperatives, and corporations operated on a not-for-profit basis; and Indian tribes on Federal and State reservations and other federally recognized Indian tribes. Facilities shall primarily serve rural residents. The service area shall not include any area in any city or town having a population in excess of 10,000 inhabitants according to the latest decennial census of the United States. The applicant must: (1) Be unable to finance the proposed project from its own resources or through commercial credit at reasonable rates and terms; and (2) have the legal authority necessary for constructing, operating, and maintaining the proposed facility or service, and for obtaining, giving security for, and repaying the proposed loan. Plans and specifications must be developed to comply with State and local health and pollution regulations and other requirements. Grants are made only when necessary to reduce the average annual benefited user charges to a reasonable level. Normally, grants are considered only when the debt service portion of the cost to grant-eligible users exceeds the following percentages of median household incomes (MHI) for the applicant service area; .5 percent when the MHI of the service area is below the poverty line or below 80 percent (whichever is higher) of the State's nonmetropolitan household income (NMHI); 1.0 percent when the MHI of the service area exceeds the .5 percent requirement but is not more than 100 percent of the State's NMHI; no FmHA grant funds will be used in any project when the MHI of the service area is above the poverty line and more than 100 percent of the State's NMHI. The FmHA grant may not exceed 75 percent of the eligible project development cost when the MHI of the service area is below the poverty line or below 80 percent (whichever is higher) of the State's NMHI; 55 percent when the MHI of the service area exceeds the 75 percent requirements, but is not more than 100 percent of the State's NMHI. Assistance is authorized for eligible applicants in rural areas of the United States, Puerto Rico, the Virgin Islands, Guam, Commonwealth of the Northern Mariana Islands, American Samoa, and to the extent the Secretary determines feasible and appropriate, the Trust Territory of the Pacific Islands. Beneficiary Eligibility: Farmers, ranchers rural residents and other users in eligible applicant areas of the United States, Puerto Rico, the Virgin Islands, Western Pacific Territories, Marshall Islands, Federated States of Micronesia, and Republic of Palau. Credentials/Documentation: Evidence of legal capacity, economic feasibility and financial responsibility relative to the activity for which assistance is requested. Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments. FINANCIAL INFORMATION: Account Identification: (Loans) 12-4155-0-3-452; (Grants) 12-2066-0-1-452. Obligations: (Loans) FY 87 $330,380,000; FY 88 est $330,380,000; and FY 89 est $250,000,000. (Grants) FY 87 $117,663,266; FY 88 est $108,301,000; and FY 89 est $75,000,000. Range and Average of Financial Assistance: (FY 1987) (Loans) $4,000 to $6,818,200; $466,160; (Grants) $4,500 to $2,136,000; $347,866. INFORMATION CONTACTS: Regional or Local Office: Consult your local telephone directory for FmHA county or District office number. If no listing, get in touch with the appropriate FmHA 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.) 10.420 RURAL SELF-HELP HOUSING TECHNICAL ASSISTANCE (SECTION 523 TECHNICAL ASSISTANCE) FEDERAL AGENCY: Farmers Home Administration, Department of AUTHORIZATION: Housing Act of 1949, as amended, Section 523, Public Laws 89-117 and 89-754, 42 U.S.C. 1490c. OBJECTIVES: To provide financial support for the promotion of a program of technical and supervisory assistance that will aid needy very low- and low-income individuals and their families in carrying out mutual self-help housing efforts in rural areas. ELIGIBILITY REQUIREMENTS: Applicant Eligibility: Must be a State or political subdivision, public nonprofit corporation or a private nonprofit corporation. Funds available in open country and communities with 10,000 population or less which are rural in character and places up to 20,000 population under certain conditions. Applicants in towns of 10,000 to 20,000 should check with local FmHA office to determine whether agency can serve them. Assistance is authorized for eligible applicants in States, Puerto Rico, Virgin Islands, Guam, American Samoa, the Northern Marianas, and the Trust Territory of the Pacific Islands. Beneficiary Eligibility: Very low- and low-income rural family, usually in groups of 6 to 10 families. Credentials/Documentation: Applicants must furnish evidence of the need for such services, have legal capacity to incur the obligation and operate the proposed project, and be unable to obtain the necessary funds from other sources. This program is excluded from coverage under OMB Circular No. A-87. 12-2006-0-1 FINANCIAL INFORMATION: Account Identification: 604. Obligations: (Grants) FY 87 $13,403,815; FY 88 est $9,000,000; and FY 89 est $0. Range and Average of Financial Assistance: Fiscal Year 87: $56,200 to $1,718,300. If INFORMATION CONTACTS: Regional or Local Office: Consult your local telephone directory for FmHA District Office number. no listing, get in touch with appropriate FmHA State office listed in the Catalog. Headquarters Office: Administrator, Farmers Home Administration, Department of Agriculture, Washington, DC 20250. Telephone: (202) 382-1474. (Use same 7-digit number for FTS.) 10.422 BUSINESS AND INDUSTRIAL LOANS FEDERAL AGENCY: Farmers Home Administration, Department of Agriculture AUTHORIZATION: Consolidated Farm and Rural Development Act, as amended, Section 310 B, Public Law 92-419, 7 U.S.C. 1932. |