[Federal Register: January 28, 2003 (Volume 68, Number 18)]
[Notices]               
[Page 4166-4167]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr28ja03-38]                         


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DEPARTMENT OF AGRICULTURE


Rural Housing Service


 
Notice for Requests for Proposals for Guaranteed Loans Under the 
Section 538 Guaranteed Rural Rental Housing Program (GRRHP) for Fiscal 
Year 2003; Correction


AGENCY: Rural Housing Service, USDA.


ACTION: Notice; correction.


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SUMMARY: The Rural Housing Service (RHS) is correcting a notice 
published December 27, 2002 (67 FR 79038-79042). This action is taken 
to add a priority criteria for the selection of projects requesting 
interest credit assistance and increase the threshold score for the 
interest credit award.
    Accordingly, the notice published December 27, 2002 (67 FR 79038-
79042), is corrected as follows:
    On page 79039 in the second column, fifth full paragraph, revise 
the number ``55'' to read ``65''.
    On page 79041 in the first column, second paragraph, revise the 
word ``six'' to read ``seven''.
    On page 79041 in the third column after the second full paragraph, 
add the following:
    ``Priority 7--RHS will award points for interest rates charged 
above the applicable federal rate at the time of loan closing as 
follows:


------------------------------------------------------------------------
                         Interest rate                           Points
------------------------------------------------------------------------
More than 250 basis points....................................       -20
200 to 250 basis points, inclusive............................         5
100 to 199 basis points, inclusive............................        10
0 to 99 basis points, inclusive...............................        15
                                                                     .''
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[[Page 4167]]


    Dated: January 16, 2003.
Arthur A. Garcia,
Administrator, Rural Housing Service.
[FR Doc. 03-1833 Filed 1-27-03; 8:45 am]
BILLING CODE 3410-XV-P