ADMINISTRATIVE

Rev. Proc. 2000–21, page 971. Qualified mortgage bonds; mortgage credit certifi- cates; national median gross income. Guidance is provided concerning the use of the national and area median gross income figures by issuers of qualified mortgage bonds and mortgage credit certificates in determining the housing cost/income ratio described in section 143(f) of the Code. Rev. Proc. 99–22 is obsolete except as provided in section 5.02 of this revenue procedure.

Announcement 2000–46, page 997. Notice of call for redemption: 8 1/4 percent Treasury Bonds of 2000–5. Treasury bonds dated May 15, 1975, and due on May 15, 2005, are called for redemption at par on May 15, 2000, on which date interest on these bonds will cease.

Announcement 2000–49, page 998. This announcement informs the public of a delay in finalizing proposed regulations (REG–104939–99, 1999–49, I.R.B. 643) under section 6212(b) of the Code regarding a taxpayer’s last known address published in the Federal Register (64 FR 63768) on November 22, 1999. The regulations were proposed to be effective May 1, 2000, but will not be effective until all necessary steps are taken to implement the regulations.

Announcement 2000–50, page 998. This announcement contains the section pertaining to the Paperwork Reduction Act which was omitted from Revenue Procedure 2000–12 (2000–4 I.R.B. 387).

May 8, 2000 2000–19 I.R.B.