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Section 538 Guaranteed Rural Rental Housing Program for Fiscal Year 2013

---
identifier: "/us/fr/2013-21059"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Section 538 Guaranteed Rural Rental Housing Program for Fiscal Year 2013"
title_number: 0
title_name: "Federal Register"
section_number: "2013-21059"
section_name: "Section 538 Guaranteed Rural Rental Housing Program for Fiscal Year 2013"
positive_law: false
currency: "2013-08-29"
last_updated: "2013-08-29"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Agriculture Department"
document_number: "2013-21059"
document_type: "notice"
publication_date: "2013-08-29"
agencies:
  - "Agriculture Department"
  - "Rural Housing Service"
fr_citation: "78 FR 53423"
fr_volume: 78
fr_action: "Notice; amendment."
---

#  Section 538 Guaranteed Rural Rental Housing Program for Fiscal Year 2013

**AGENCY:**

Rural Housing Service, USDA.

**ACTION:**

Notice; amendment.

**SUMMARY:**

The Rural Housing Service (RHS) is amending a Notice published May 23, 2013 (78 FR 30854-30860). This action is taken to extend the eligible properties to include Rural Development financed Farm Labor Housing properties. This amendment is to ensure that all eligible properties are included.

**Correction**

In the *Federal Register* May 23, 2013, in FR Doc. 2013-12325, on page 30857, the first column, first paragraph, is amended to read as follows:

Also eligible is the revitalization, repair and transfer (as stipulated in 7 CFR 3560.406) of existing direct Section 515 and Section 514/516 Farm Labor Housing (FLH) (transfer costs are subject to Agency approval and must be an eligible use of loan proceeds as listed in 7 CFR 3565.205), and properties involved in the Agency's Multi-Family Preservation and Revitalization (MPR) program. Equity payment, as stipulated in 7 CFR 3560.406, in the transfer of existing direct Section 515 and Section 514/516 FLH, is an eligible use of guaranteed loan proceeds; however, the amount of funding available for transfers of existing Section 515 and Section 514/516 FLH properties involving equity payments will be limited to 25 percent of the FY 2013 funding level through July 31, 2013 * * *

On page 30858, under the heading “Data element” the 18th data element is amended to read Revitalization, Repair, and Transfer (as stipulated in 7 CFR 3560.406) of Existing Direct Section 515 and Section 514/516 FLH or MPR.

On page 30859, in the third column, under the heading “Priority 6” is amended to read: Responses for the revitalization, repair, and transfer (as stipulated in 7 CFR 3560.406) of existing direct section 515 and section 514/516 FLH and properties * * *

On page 30859, in the third column, under the heading “Priority 7” is amended to read: Section 515 Rural Rental Housing and Section 514/516 FLH Projects—Projects in which Section 538 funds will not be used to finance new construction of Section 515 Rural Rental Housing or Section 514/516 FLH projects * * *

Dated:  August 20, 2013.

Richard A. Davis,

Acting Administrator, Rural Housing Service.