Notice2022-00369
Loan Guaranty: Assistance to Eligible Individuals in Acquiring Specially Adapted Housing; Cost-of-Construction Index
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 12, 2022
Effective
October 1, 2021
Issuing agencies
Veterans Affairs Department
Abstract
The Department of Veterans Affairs (VA) announces that the aggregate amounts of assistance available under the Specially Adapted Housing (SAH) grant program will increase by .85 percent for fiscal year (FY) 2022.
Full Text
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<title>Federal Register, Volume 87 Issue 8 (Wednesday, January 12, 2022)</title>
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[Federal Register Volume 87, Number 8 (Wednesday, January 12, 2022)]
[Notices]
[Pages 1839-1840]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-00369]
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DEPARTMENT OF VETERANS AFFAIRS
Loan Guaranty: Assistance to Eligible Individuals in Acquiring
Specially Adapted Housing; Cost-of-Construction Index
AGENCY: Department of Veterans Affairs.
ACTION: Notice.
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SUMMARY: The Department of Veterans Affairs (VA) announces that the
aggregate amounts of assistance available under the Specially Adapted
Housing (SAH) grant program will increase by .85 percent for fiscal
year (FY) 2022.
DATES: The increases in the aggregate amounts outlined in this notice
are effective as of October 1, 2021.
FOR FURTHER INFORMATION CONTACT: Terry Rouch, Assistant Director for
Loan Policy and Valuation, Loan Guaranty Service, Veterans Benefits
Administration, Department of Veterans Affairs, 810 Vermont Avenue NW,
Washington, DC 20420, 202-632-8862. (This is not a toll-free number.)
SUPPLEMENTARY INFORMATION: In accordance with 38 U.S.C. 2102(e), 38
U.S.C. 2102A(b)(2), 38 U.S.C. 2102B(b)(2) and 38 CFR 36.4411, the
Secretary of Veterans Affairs announces for FY 2022 the aggregate
amounts of assistance available to veterans and Service members
eligible for SAH program grants.
Section 2102(e)(2) authorizes the Secretary to increase the
aggregate amounts of SAH assistance annually based on a residential
home cost-of construction index. Per 38 CFR 36.4411(a), the Secretary
uses the Turner Building Cost Index for this purpose. Such increase
will be equal to the percentage by which the Turner Building Cost Index
for the most recent calendar year exceeds that of the next preceding
calendar year. If, however, the Turner Building Cost Index for the most
recent full calendar year is equal to or less than the next preceding
calendar year, the percentage increase will be zero. See 38 CFR
36.4411(b).
In the most recent quarter for which the Turner Building Cost Index
is available, second quarter of 2021, the index showed an increase of
.85 percent over the index value listed for second quarter of 2020.
<a href="http://www.turnerconstruction.com/cost-index">http://www.turnerconstruction.com/cost-index</a> (last visited August 2,
2021). Pursuant to 38 CFR 36.4411(a), therefore, the aggregate
[[Page 1840]]
amounts of assistance for SAH grants made pursuant to 38 U.S.C. 2101(a)
and 2101(b) will increase by .85 percent for FY 2022.
Sections 2102A(b)(2) and 2102B(b)(2) require the Secretary to apply
the same percentage calculated pursuant to section 2102(e) to grants
authorized pursuant to sections 2102A and 2102B. As such, the maximum
amount of assistance available under these grants will also increase by
.85 percent for FY 2022.
The increases are effective as of October 1, 2021. 38 U.S.C.
2102(e), 38 U.S.C. 2102A(b)(2) and 38 U.S.C. 2102B(b)(2).
SAH: Aggregate Amounts of Assistance Available During FY 2022
Section 2101(a) Grants and Temporary Residence Adaptation (TRA) Grants
Effective October 1, 2021, the aggregate amount of assistance
available for SAH grants made pursuant to 38 U.S.C. 2101(a) will be
$101,754 during FY 2022.
The maximum TRA grant made to an individual who satisfies the
eligibility criteria under 38 U.S.C. 2101(a) and 2102A will be $40,983
during FY 2022.
Section 2101(b) Grants and TRA Grants
Effective as of October 1, 2021, the aggregate amount of assistance
available for SAH grants made pursuant to 38 U.S.C. 2101(b) will be
$20,387 during FY 2022.
The maximum TRA grant made to an individual who satisfies the
eligibility criteria under 38 U.S.C. 2101(b) and 2102A will be $7,318
during FY 2022.
Section 2102B Grants
Effective as of October 1, 2021, the amount of assistance available
for grants made pursuant to 38 U.S.C. 2102B will be $93,356 during FY
2022; however, the Secretary may waive this limitation for a veteran if
the Secretary determines a waiver is necessary for the rehabilitation
program of the veteran.
Signing Authority
Denis McDonough, Secretary of Veterans Affairs, approved this
document on December 21,2021, and authorized the undersigned to sign
and submit the document to the Office of the Federal Register for
publication electronically as an official document of the Department of
Veterans Affairs.
Jeffrey M. Martin,
Assistant Director, Office of Regulation Policy & Management, Office of
General Counsel, Department of Veterans Affairs.
[FR Doc. 2022-00369 Filed 1-11-22; 8:45 am]
BILLING CODE 8320-01-P
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</html>Indexed from Federal Register on January 12, 2022.
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