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Federal Register / Vol. 86, No. 125 / Friday, July 2, 2021 / Notices
lotter on DSK11XQN23PROD with NOTICES1

which a mortgagor seeks mortgage insurance under the Act.
FHA Catalyst allows FHA-approved multifamily lenders to submit electronic applications for FHA multifamily mortgage insurance and related documents to HUD through a web-based portal, and HUD staff are able to receive and download the documents from the portal. The system is designed to streamline existing processes for collecting information to administer FHA multifamily mortgage insurance programs; no new information will be collected as a result of FHA Catalyst.
Prior to the COVID19 pandemic, multifamily lenders submitted applications to HUD in USB and hard copy format via mail. Due to the pandemic, multifamily lenders are currently submitting electronic applications using various online filesharing platforms e.g., Dropbox as a short-term solution. FHA Catalyst provides multifamily lenders and MFH
with a central, secure portal and longterm solution for online application submissions that will be used for the duration of the COVID19 pandemic and beyond. Hard copies and/or removable USB drives will no longer be required for applications submitted through FHA Catalyst once FHA
Catalyst becomes mandatory.
Respondents i.e., affected public:
Business or other for-profit; individuals or households; not-for-profit intuitions;
state, local, or tribal government.
Estimated Number of Respondents:
741.
Estimated Number of Responses: 741.
Frequency of Response: 1.
Average Hours per Response: 1.
Total Estimated Burden: 741.
B. Solicitation of Public Comment This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following:
1 Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility;
2 The accuracy of the agencys estimate of the burden of the proposed collection of information;
3 Ways to enhance the quality, utility, and clarity of the information to be collected; and 4 Ways to minimize the burden of the collection of information on those who are to respond; including through the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses.

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HUD encourages interested parties to submit comment in response to these questions.

numbers. Additional copies of this notice are available through HUD User at 800 2452691 for a small fee to cover duplication and mailing costs.
C. Authority Copies Available Electronically: This Section 3507 of the Paperwork notice and additional information about Reduction Act of 1995, 44 U.S.C. 3507.
DDAs and QCTs are available electronically on the internet at http
Janet M. Golrick, www.huduser.org/datasets/qct.html.
Acting, Chief of Staff for the Office of Housing, SUPPLEMENTARY
INFORMATION:
Federal Housing Administration.
FR Doc. 202114146 Filed 7121; 8:45 am BILLING CODE 421067P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
Docket No. FR6275N01

Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts: Revision of Effective Date for 2019 and 2020
Designations Office of the Assistant Secretary for Policy Development and Research, HUD.
ACTION: Notice.
AGENCY:

This document revises the effective date for designations of Difficult Development Areas DDAs and Qualified Census Tracts QCTs for purposes of the Low-Income Housing Tax Credit LIHTC under Internal Revenue Code IRC Section 42
26 U.S.C. 42 published on October 22, 2018, 83 FR 53282 and September 25, 2019, 84 FR 50465 in response to the Presidentially-declared COVID19
emergency. This notice extends from 730 days to 910 days the period for which the 2019 and 2020 lists of QCTs and DDAs are effective for projects 1
located in an area not on subsequent lists of DDAs or QCTs; and 2 that submitted applications while the area was a 2019 or 2020 QCT or DDA.
FOR FURTHER INFORMATION CONTACT: For questions on how areas are designated and on geographic definitions, contact Michael K. Hollar, Senior Economist, Economic Development and Public Finance Division, Office of Policy Development and Research, Department of Housing and Urban Development, 451 Seventh Street SW, Room 8234, Washington, DC 204106000; telephone number 202 4025878, or send an email to Michael.K.Hollar@hud.gov. For specific legal questions, contact Branch 5, Office of the Associate Chief Counsel, Passthroughs and Special Industries, Internal Revenue Service, 1111
Constitution Avenue NW, Washington, DC 20224; telephone number 202 317
4137, fax number 855 5917867.
These are not toll-free telephone SUMMARY:

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Background On March 13, 2020, the President issued major disaster declarations under the authority of the Stafford Act with respect to all 50 States, the District of Columbia, and 5 territories American Samoa, Guam, Puerto Rico, Northern Mariana Islands, and the U.S. Virgin Islands to assist with additional needs identified under the nationwide emergency declaration for COVID19. In the context of a Presidentially-declared Major Disaster, IRS Revenue Procedure 201449, 201437 I.R.B. 535, provides temporary relief to housing finance agencies HFAs and owners from certain requirements of IRC Section 42.
Among the relief provided, if an owner has a carryover allocation for a building located in a Major Disaster Area and the Major Disaster occurs on or after the date of the carryover allocation, an HFA
may grant an extension to the placed-inservice requirement. Rev. Proc. 2014
49, Section 6.03. This extension applies only to properties receiving IRC Section 42 allocated credits and does not apply or provide relief to properties receiving credits associated with IRC Section 142
tax-exempt bond revenue. HUD is revising the effective date of the 2019
and 2020 QCTs and DDAs at this time to aid the ability of areas affected by COVID19 to place in service affordable housing under both Section 42 and Section 142.
I. This Notice This notice extends from 730 days to 910 days the period for which the 2019
and 2020 lists of QCTs and DDAs are effective for projects that are not located in areas on subsequent lists of DDAs or QCTs but submitted applications while the area was a 2019 or 2020 QCT or DDA. HUD published lists of DDAs and QCTs for 2019 on October 22, 2018 83
FR 53282; for 2020 on September 25, 2019 84 FR 50465; and for 2021 on September 24, 2020 85 FR 60255. The actual designations of 2019 and 2020
QCTs and DDAs are not affected by this notice. HUD is revising the effective date of the 2019 and 2020 QCTs and DDAs at this time to aid the ability of areas affected by COVID19 to place in service affordable housing.

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