Rd instruction 1940-l table of Contents




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2. Reserves – Annual Appropriations.


(a) Underserved Counties and Colonias. For the 100 underserved counties and colonias, $1,313,970 and $1,435,050 is available for the Section 504 loan and grant programs, respectively. The underserved counties are identified in pages 20 through 22 of this Attachment. Allocation amounts for underserved and colonias areas are listed on page 17.
(b) Rural Economic Area Partnership (REAP). For REAP Zones, $45,979 and $42,500 is available for the Section 504 loan and grant programs, respectively. If these funds are not obligated for REAP Zones by August 15, 2015, they shall remain available for other authorized purposes. Allocation amounts for REAP Zones funds are listed on page 18.
(c) Requesting Section 504 Loan and Grant Funds. Requests for

Section 504 loan and grant funds from the National Office reserve should be submitted on a case-by-case basis utilizing the NORF system, as described on page 8, paragraph II.B.4.d. of this Attachment.


(11-06-15) PN 480

RD Instruction 1940-L

Exhibit A

Attachment 2, Part III

Page 10


National Office Contacts for Program Initiatives


Program Initiatives

Contact

Phone #

504 Loan & Grant Requests

Myron Wooden

(804) 287-1559


Compensation for Construction Defects

Myron Wooden

(804) 287-1559


Funds for Sale of Program/Non- Program Real Estate Owned (REO) Properties


Renee May

(314) 457-5440

Hardship and Homelessness Requests (502)

Scott Nista

(804) 287-1532

Hardship Requests (504)

Myron Wooden

(804) 287-1559



Matching funds for States with approved Mutual Self-Help Housing Grants

Scott Nista


(804) 287-1532


Mutual & Self-Help Technical Assistance Grants

Myron Wooden


(804) 287-1559



Section 523 Self-Help and Section 524 Site Loans

Carolyn Bell


(202) 720-1532

National Office Reserve Funds (NORF) System

Scott Nista


(804) 287-1532


Rural Housing Demonstration Program

Carolyn Bell

(202) 720-1532

SFH Guaranteed Loan Division National Office Reserves

Melvin Carroll or Dave Chaput

(202) 690-4742

(202) 720-1456



502 Underserved Counties and Colonias

Scott Nista


(804) 287-1532


504 Underserved Counties and Colonias

Myron Wooden

(804) 287-1559


RD Instruction 1940-L

Exhibit A

Attachment 2, Part III

Page 11

Information on basic formula criteria, data source and weight, administrative allocation, pooling of funds, and availability of the allocation


#


DESCRIPTION



SECTION 502 NONSUBSIDIZED GUARANTEED RH LOANS

SECTION 502 DIRECT RH LOANS

Annual


SECTION 504 LOANS



SECTION 504 GRANTS



1/

Basic formula criteria, data source, and weight







See §1940.563(b) of this instruction.

See §1940.565(b) of this instruction.

See § 1940.566(b)of this instruction

See §1940.567(b) of this instruction.

2/

Administrative Allocation




Western Pacific Area

$8,000,000

$2,000,000

$500,000


$145,000

3/

Pooling of funds.




a.













b. Year-end pooling
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