[Federal Register: December 8, 2006 (Volume 71, Number 236)]
[Notices]
[Page 71127-71129]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr08de06-40]
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DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Maximum Dollar Amount on Awards Under the Rural Economic
Development Loan and Grant Program for Fiscal Year 2007
AGENCY: Rural Business-Cooperative Service, USDA.
ACTION: Notice.
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SUMMARY: The Rural Business-Cooperative Service, an Agency within the
Rural Development mission area, hereby announces the maximum dollar
amount on loan and grant awards under the Rural Economic Development
Loan and Grant (REDLG) program for fiscal year (FY) 2007. This notice
is being issued prior to passage of a final appropriations bill, which
may or may not provide funding for these programs, to allow applicants
sufficient time to leverage financing, submit applications, and give
the Agency time to process applications within the current fiscal year.
The awards made as a result of this notice are effective for loans and
grants made during the fiscal year beginning October 1, 2006, and
ending September 30, 2007. REDLG loans and grants are available to any
electric or telecommunications cooperative (borrower) under the Rural
Electrification Act that does not have any delinquent debt with the
Federal Government that has not been resolved pursuant to 31 CFR
285.13. REDLG loans and grants are to assist in economically developing
rural areas.
FOR FURTHER INFORMATION CONTACT: Todd S. Hubbell, Loan Specialist, USDA
Rural Development, STOP 3225, Room 6866, 1400 Independence Avenue, SW.,
Washington, DC 20250-3225. Telephone: (202) 690-2516, FAX: (202) 720-
2213.
ADDRESSES: For further information, entities wishing to apply for
assistance should contact a Rural Development State Office to receive
further information and copies of the application package. A list of
Rural Development State Offices follows:
District of Columbia
USDA Rural Development, Specialty Lenders Division, 1400 Independence
Avenue, SW., STOP 3225, Room 6867, Washington, DC 20250-3225, (202)
720-1400.
Alabama
USDA Rural Development State Office, Sterling Centre, Suite 601, 4121
Carmichael Road, Montgomery, AL 36106-3683, (334) 279-3400/TDD (334)
279-3495.
Alaska
USDA Rural Development State Office, 800 West Evergreen, Suite 201,
Palmer, AK 99645-6539, (907) 761-7705/TDD (907) 761-8905.
Arizona
USDA Rural Development State Office, 230 N. 1st First Ave., Suite 206,
Phoenix, AZ 85003, (602) 280-8701/TDD (602) 280-8705.
Arkansas
USDA Rural Development State Office, 700 West Capitol Avenue, Room
3416, Little Rock, AR 72201-3225, (501) 301-3200/TDD (501) 301-3279.
California
USDA Rural Development State Office, 430 G Street, 4169,
Davis, CA 95616-4169, (530) 792-5800/TDD (530) 792-5848.
Colorado
USDA Rural Development State Office, 655 Parfet Street, Room E100,
Lakewood, CO 80215, (720) 544-2903/TDD (720) 544-2976.
Delaware-Maryland
USDA Rural Development State Office, 1221 College Park Drive, Suite
200, Dover, DE 19904, (302) 857-3580/TDD (302) 857-3585.
Florida/Virgin Islands
USDA Rural Development State Office, 4440 NW 25th Place, P.O. Box
147010, Gainesville, FL 32614-7010, (352) 338-3400/TDD (352) 338-3499.
Georgia
USDA Rural Development State Office, Stephens Federal Building, 355 E.
Hancock Avenue, Athens, GA 30601-2768, (706) 546-2162/TDD (706) 546-
2034.
Hawaii
USDA Rural Development State Office, Federal Building, Room 311, 154
Waianuenue Avenue, Hilo, HI 96720, (808) 933-8380/TDD (808) 933-8321.
Idaho
USDA Rural Development State Office, 9173 West Barnes Dr., Suite A1,
Boise, ID 83709, (208) 378-5600/TDD (208) 378-5644.
Illinois
USDA Rural Development State Office, 2118 W. Park Court, Suite A,
Champaign, IL 61821, (217) 403-6200/TDD (217) 403-6240.
Indiana
USDA Rural Development State Office, 5975 Lakeside Boulevard,
Indianapolis, IN 46278, (317) 290-3100/TDD (317) 290-3343.
Iowa
USDA Rural Development State Office, Federal Building, Room 873, 210
Walnut Street, Des Moines, IA 50309, (515) 284-4663/TDD (515) 284-4858.
Kansas
USDA Rural Development State Office, 1303 S.W. First American Place,
Suite 100, Topeka, KS 66604-4040, (785) 271-2700/TDD (785) 271-2767.
Kentucky
USDA Rural Development State Office, 771 Corporate Drive, Suite 200,
Lexington, KY 40503, (859) 224-7300/TDD (859) 224-7422.
Louisiana
USDA Rural Development State Office, 3727 Government Street,
Alexandria, LA 71302, (318) 473-7921/TDD (318) 473-7655.
[[Page 71128]]
Maine
USDA Rural Development State Office, 967 Illinois Avenue, Suite 4, P.O.
Box 405, Bangor, ME 04402-0405, (207) 990-9160/TDD (207) 942-7331.
Massachusetts/Rhode Island/Connecticut
USDA Rural Development State Office, 451 West Street, Suite 2, Amherst,
MA 01002-2999, (413) 253-4300/TDD (413) 253-4590.
Michigan
USDA Rural Development State Office, 3001 Coolidge Road, Suite 200,
East Lansing, MI 48823, (517) 324-5190/TDD (517) 324-5169.
Minnesota
USDA Rural Development State Office, 375 Jackson Street, Suite 410, St.
Paul, MN 55101-1853, (651) 602-7800/TDD (651) 602-3799.
Mississippi
USDA Rural Development State Office, Federal Building, Suite 831, 100
W. Capitol Street, Jackson, MS 39269, (601) 965-4316/TDD (601) 965-
5850.
Missouri
USDA Rural Development State Office, 601 Business Loop 70 West, Parkade
Center, Suite 235, Columbia, MO 65203, (573) 876-0976/TDD (573) 876-
9480.
Montana
USDA Rural Development State Office, 900 Technology Boulevard, Suite B,
P.O. Box 850, Bozeman, MT 59771, (406) 585-2580/TDD (406) 585-2562.
Nebraska
USDA Rural Development State Office, Federal Building, Room 152, 100
Centennial Mall North, Lincoln, NE 68508, (402) 437-5551/TDD (402) 437-
5093.
Nevada
USDA Rural Development State Office, 1390 South Curry Street, Carson
City, NV 89703-5146, (775) 887-1222/TDD (775) 885-0633.
New Jersey
USDA Rural Development State Office, 8000 Midlantic Drive, 5th Floor
North, Suite 500, Mt. Laurel, NJ 08054, (856) 787-7700/TDD (856) 787-
7784.
New Mexico
USDA Rural Development State Office, 6200 Jefferson Street, NE, Room
255, Albuquerque, NM 87109, (505) 761-4950/TDD (505) 761-4938.
New York
USDA Rural Development State Office, The Galleries of Syracuse, 441
South Salina Street, Suite 357, Syracuse, NY 13202-2541, (315) 477-
6400/TDD (315) 477-6447.
North Carolina
USDA Rural Development State Office, 4405 Bland Road, Suite 260,
Raleigh, NC 27609, (919) 873-2000/TDD (919) 873-2003.
North Dakota
USDA Rural Development State Office, Federal Building, Room 208, 220
East Rosser, P.O. Box 1737, Bismarck, ND 58502-1737, (701) 530-2037/TDD
(701) 530-2113.
Ohio
USDA Rural Development State Office, Federal Building, Room 507, 200
North High Street, Columbus, OH 43215-2418, (614) 255-2400/TDD (614)
255-2554.
Oklahoma
USDA Rural Development State Office, 100 USDA, Suite 108, Stillwater,
OK 74074-2654, (405) 742-1000/TDD (405) 742-1007.
Oregon
USDA Rural Development State Office, 1201 NE Lloyd Blvd., Suite 801,
Portland, OR 97232, (503) 414-3300/TDD (503) 414-3387.
Pennsylvania
USDA Rural Development State Office, One Credit Union Place, Suite 330,
Harrisburg, PA 17110-2996, (717) 237-2299/TDD (717) 237-2261.
Puerto Rico
USDA Rural Development State Office, IBM Building, Suite 601, 654 Munos
Rivera Avenue, San Juan, PR 00918-6106, (787) 766-5095/TDD (787) 766-
5332.
South Carolina
USDA Rural Development State Office, Strom Thurmond Federal Building,
1835 Assembly Street, Room 1007, Columbia, SC 29201, (803) 765-5163/TDD
(803) 765-5697.
South Dakota
USDA Rural Development State Office, Federal Building, Room 210, 200
Fourth Street, SW., Huron, SD 57350, (605) 352-1100/TDD (605) 352-1147.
Tennessee
USDA Rural Development State Office, 3322 West End Avenue, Suite 300,
Nashville, TN 37203-1084, (615) 783-1300.
Texas
USDA Rural Development State Office, Federal Building, Suite 102, 101
South Main, Temple, TX 76501, (254) 742-9700/TDD (254) 742-9712.
Utah
USDA Rural Development State Office, Wallace F. Bennett Federal
Building, 125 South State Street, Room 4311, Salt Lake City, UT 84147-
0350, (801) 524-4320/TDD (801) 524-3309.
Vermont/New Hampshire
USDA Rural Development State Office, City Center, 3rd Floor, 89 Main
Street, Montpelier, VT 05602, (802) 828-6000/TDD (802) 223-6365.
Virginia
USDA Rural Development State Office, 1606 Santa Rosa Road, Suite 238,
Richmond, VA 23229-5014, (804) 287-1550/TDD (804) 287-1753.
Washington
USDA Rural Development State Office, 1835 Black Lake Boulevard SW.,
Suite B, Olympia, WA 98512-5715, (360) 704-7740/TDD (360) 704-7760.
West Virginia
USDA Rural Development State Office, Federal Building, 75 High Street,
Room 320, Morgantown, WV 26505-7500, (304) 284-4860/TDD (304) 284-4836.
Wisconsin
USDA Rural Development State Office, 4949 Kirschling Court, Stevens
Point, WI 54481, (715) 345-7600/TDD (715) 345-7614.
Wyoming
USDA Rural Development State Office, 100 East B, Federal Building, Room
1005, P.O. Box 11005, Casper, WY 82602-5006, (307) 233-6700/TDD (307)
233-6733.
SUPPLEMENTARY INFORMATION: The Regulations for these programs are at 7
CFR part 1703, subpart B. The maximum loan and grant awards are
determined in accordance with 7 CFR 1703.28. The maximum loan and grant
awards are calculated at 3.0 percent of the projected program levels,
rounded to the nearest $10,000; however, as specified in 7 CFR
1703.28(b), regardless of the projected total amount that will be
available, the maximum size may not be lower than $200,000. The
projected program level during FY 2007 for zero-interest loans is
$34,652,000, and the projected level for grants is $10,000,000.
Applying the 3.0 percent to the program level for loans, rounded to the
nearest $10,000, results in a
[[Page 71129]]
projected maximum loan award of $1,040,000. Applying the specified 3.0
percent to the program level for grants results in an amount higher
than $200,000. Therefore, the projected grant award for FY 2007 is
$300,000. This notice will be amended should funding in excess of the
projected levels be received.
Nondiscrimination Statement
``The U.S. Department of Agriculture (USDA) prohibits
discrimination in all its programs and activities on the basis of race,
color, national origin, age, disability, and where applicable, sex,
marital status, familial status, parental status, religion, sexual
orientation, genetic information, political beliefs, reprisal, or
because all or part of an individual's income is derived from any
public assistance program. (Not all prohibited bases apply to all
programs.) Persons with disabilities who require alternative means for
communication of program information (Braille, large print, audiotape,
etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and
TDD).''
To file a complaint of discrimination, write to USDA, Director,
Office of Civil Rights, 1400 Independence Avenue, SW., Washington, DC
20250-9410, or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).
``USDA is an equal opportunity provider, employer, and lender.''
Dated: December 1, 2006.
William F. Hagy III,
Acting Administrator, Rural Business-Cooperative Service.
[FR Doc. E6-20871 Filed 12-7-06; 8:45 am]
BILLING CODE 3410-XY-P