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Federal Register / Vol. 86, No. 171 / Wednesday, September 8, 2021 / Notices
CommentEnergy Conservation Standards for Manufactured Housing VI. Lunch from 12:30 p.m. to 1:30 p.m.
VII. Continued Discussion of Supplemental Notice of Proposed Rulemaking and Request for CommentsEnergy Conservation Standards for Manufactured Housing and Prepare Comments/
Answers about DOEs Questions in Rulemaking for HUDs review VIII. Public Comment Period15
minutes IX. Wrap UpDFO & AO
X. Adjourn Friday, October 8, 202110 a.m. to 4
p.m. ET
I. Call to Order and Roll Call II. Opening RemarksMHCC Chair &
Designated Federal Officer DFO
III. Public Comment Period15 minutes IV. Discussion of Department of Energys Supplemental Notice of Proposed Rulemaking and Request for CommentEnergy Conservation Standards for Manufactured Housing and Prepare Comments/
Answers about DOEs Questions in Rulemaking for HUDs review V. Lunch from 12:30 p.m. to 1:30 p.m.
VI. Continued Discussion of Supplemental Notice of Proposed Rulemaking and Request for CommentEnergy Conservation Standards for Manufactured Housing and Prepare Comments/
Answers about DOEs Questions in Rulemaking for HUDs review VII. Public Comment Period15
minutes VIII. Wrap UpDFO & AO
IX. Adjourn
jbell on DSKJLSW7X2PROD with NOTICES

Wednesday, October 20, 202110 a.m.
to 4 p.m. ET
I. Call to Order and Roll Call II. Opening RemarksMHCC Chair &
Designated Federal Officer DFO
III. Public Comment Period15 minutes IV. Discussion of Department of Energys Supplemental Notice of Proposed Rulemaking and Request for CommentEnergy Conservation Standards for Manufactured Housing and Continue to Prepare Comments/Answers about DOEs Questions in Rulemaking for HUDs review V. Lunch from 12:30 p.m. to 1:30 p.m.
VI. Continued Discussion of Supplemental Notice of Proposed Rulemaking and Request for CommentsEnergy Conservation Standards for Manufactured Housing Answers about DOEs Questions in Rulemaking for HUDs review
VerDate Sep<11>2014

17:21 Sep 07, 2021

Jkt 253001

VII. Public Comment Period15
minutes VIII. Wrap UpDFO & AO
IX. Adjourn Lopa Kolluri, Principal Deputy Assistant, Secretary for Housing.
FR Doc. 202119495 Filed 9721; 8:45 am BILLING CODE P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
Docket No. FR6245N02

Mortgage and Loan Insurance Programs Under the National Housing ActDebenture Interest Rates Office of the Assistant Secretary for Housing, HUD.
ACTION: Notice.
AGENCY:

This Notice announces changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Administration under the provisions of the National Housing Act the Act. The interest rate for debentures issued under Section 221g4 of the Act during the 6-month period beginning July 1, 2021, is 112
percent. The interest rate for debentures issued under any other provision of the Act is the rate in effect on the date that the commitment to insure the loan or mortgage was issued, or the date that the loan or mortgage was endorsed or initially endorsed if there are two or more endorsements for insurance, whichever rate is higher. The interest rate for debentures issued under these other provisions with respect to a loan or mortgage committed or endorsed during the 6-month period beginning July 1, 2021, is 214 percent.
FOR FURTHER INFORMATION CONTACT:
Elizabeth Olazabal, Department of Housing and Urban Development, 451
Seventh Street SW, Room 5146, Washington, DC 204108000; telephone 202 4024608 this is not a toll-free number. Individuals with speech or hearing impairments may access this number through TTY by calling the tollfree Federal Information Relay Service at 800 8778339.
SUPPLEMENTARY INFORMATION: Section 224 of the National Housing Act 12
U.S.C. 1715o provides that debentures issued under the Act with respect to an insured loan or mortgage except for debentures issued pursuant to Section 221g4 of the Act will bear interest at the rate in effect on the date the commitment to insure the loan or mortgage was issued, or the date the SUMMARY:

PO 00000

Frm 00048

Fmt 4703

Sfmt 4703

loan or mortgage was endorsed or initially endorsed if there are two or more endorsements for insurance, whichever rate is higher. This provision is implemented in HUDs regulations at 24 CFR 203.405, 203.479, 207.259e6, and 220.830. These regulatory provisions state that the applicable rates of interest will be published twice each year as a notice in the Federal Register.
Section 224 further provides that the interest rate on these debentures will be set from time to time by the Secretary of HUD, with the approval of the Secretary of the Treasury, in an amount not in excess of the annual interest rate determined by the Secretary of the Treasury pursuant to a statutory formula based on the average yield of all outstanding marketable Treasury obligations of maturities of 15 or more years.
The Secretary of the Treasury 1 has determined, in accordance with the provisions of Section 224, that the statutory maximum interest rate for the period beginning July 1, 2021, is 214
percent; and 2 has approved the establishment of the debenture interest rate by the Secretary of HUD at 214
percent for the 6-month period beginning July 1, 2021. This interest rate will be the rate borne by debentures issued with respect to any insured loan or mortgage except for debentures issued pursuant to Section 221g4
with insurance commitment or endorsement date as applicable within the last 6 months of 2021.
For convenience of reference, HUD is publishing the following chart of debenture interest rates applicable to mortgages committed or endorsed since January 1, 1980:
Effective interest rate 912
978
1134
1278
1234
1014
1038
1112
1338
1158
1118
1014
814
8
9
918
938
914
9
818
9
834
812

E:FRFM08SEN1.SGM

on or after Jan. 1, 1980
July 1, 1980
Jan. 1, 1981
July 1, 1981
Jan. 1, 1982
Jan. 1, 1983
July 1, 1983
Jan. 1, 1984
July 1, 1984
Jan. 1, 1985
July 1, 1985
Jan. 1, 1986
July 1, 1986
Jan. 1, 1987
July 1, 1987
Jan. 1, 1988
July 1, 1988
Jan. 1, 1989
July 1, 1989
Jan. 1, 1990
July 1, 1990
Jan. 1, 1991
July 1, 1991

08SEN1

prior to July 1, 1980.
Jan. 1, 1981.
July 1, 1981.
Jan. 1, 1982.
Jan. 1, 1983.
July 1, 1983.
Jan. 1, 1984.
July 1, 1984.
Jan. 1, 1985.
July 1, 1985.
Jan. 1, 1986.
July 1, 1986.
Jan. 1. 1987.
July 1, 1987.
Jan. 1, 1988.
July 1, 1988.
Jan. 1, 1989.
July 1, 1989.
Jan. 1, 1990.
July 1, 1990.
Jan. 1, 1991.
July 1, 1991.
Jan. 1, 1992.