Notice of Funding Opportunity for the Timber Production Expansion Guaranteed Loan Program for Fiscal Year 2024, 104972-104976 [2024-30651]
Download as PDF
104972
Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices
Signed at Washington, DC, December 18,
2024.
Joseph J. Prusacki,
Associate Administrator.
[FR Doc. 2024–30750 Filed 12–23–24; 8:45 am]
BILLING CODE 3410–20–P
DEPARTMENT OF AGRICULTURE
FOR FURTHER INFORMATION CONTACT:
Shaun Stehr at TPEP@usda.gov, Loan
and Grant Analyst, RBCS, USDA, 1400
Independence Avenue SW, Mail Stop
3201, Room 5803-South, Washington,
DC 20250–3201; or call 717–675–0038.
SUPPLEMENTARY INFORMATION:
Rural Business Cooperative Service
Overview
[DOCKET #: RBS–24–BUSINESS–0008]
Federal Awarding Agency Name:
Rural Business-Cooperative Service.
Funding Opportunity Title: Timber
Production Expansion Guaranteed Loan
Program.
Announcement Type: Notice of
Funding Opportunity (NOFO).
Assistance Listing: 10.385.
Dates: Applications will be accepted
beginning December 26, 2024.
Applications will be accepted until all
funds are expended.
Rural Development Key Priorities: The
Agency encourages applicants to
consider projects that will advance the
following key priorities (more details
available at www.rd.usda.gov/prioritypoints):
• Addressing Climate Change and
Environmental Justice; Reducing
climate pollution and increasing
resilience to the impacts of climate
change through economic support to
rural communities.
• Advancing Racial Justice, PlaceBased Equity, and Opportunity;
Ensuring all rural residents have
equitable access to RD programs and
benefits from RD funded projects.
• Creating More and Better Market
Opportunities; Assisting rural
communities recover economically
through more and better market
opportunities and through improved
infrastructure.
Notice of Funding Opportunity for the
Timber Production Expansion
Guaranteed Loan Program for Fiscal
Year 2024
Rural Business-Cooperative
Service, USDA.
ACTION: Notice.
AGENCY:
The Rural BusinessCooperative Service (RBCS or Agency),
a Rural Development (RD) agency of the
United State Department of Agriculture
(USDA), announces the acceptance of
applications and availability of funding
under the Timber Production Expansion
Guaranteed Loan Program (TPEP) for
fiscal year (FY) 2024. These guaranteed
funds will be made available to eligible
lenders to make loans to eligible
borrowers seeking to establish, reopen,
retrofit, expand, or improve a sawmill or
other wood processing facility, in close
proximity to a unit of United States
Forest Service (USFS) National Forest
System lands, including Indian forest
land or rangeland, identified as high
priority or very high priority on the map
accessible using the following link:
www.arcgis.com/apps/dashboards/
5d6d9d9922a8486f83d51d40835f1870.
This program will have in excess of
$200 million available beginning in FY
2025 utilizing funding provided under
the Infrastructure Investment and Jobs
Act. All applicants are responsible for
any expenses incurred in developing
their applications.
DATES: Completed applications may be
submitted beginning December 26,
2024. Applications will be accepted
until funds are exhausted.
ADDRESSES: Applicants are encouraged
to contact the Agency to discuss projects
and ask any questions about the
program or application process. Entities
wishing to apply for assistance may
download the application documents
and requirements delineated in this
notice from: rd.usda.gov/
onerdguarantee. Applications will only
be accepted electronically.
Applicants are encouraged to contact
their respective RD State Office for an
email contact to submit an electronic
application. A list of the USDA RD State
SUMMARY:
ddrumheller on DSK120RN23PROD with NOTICES1
Office contacts can be found at:
rd.usda.gov/about-rd/state-offices.
VerDate Sep<11>2014
19:37 Dec 23, 2024
Jkt 265001
A. Program Description
1. Purpose of the Program. The TPEP
will provide financial assistance
through loan guarantees to lenders
providing loans to entities seeking to
establish, reopen, retrofit, expand, or
improve a sawmill or other wood
processing facility in close proximity to
a unit of USFS National Forest System
lands, including Indian forest land or
rangeland, that has been identified as
high or very high priority for ecological
restoration if the presence of a sawmill
or other wood-processing facility would
substantially decrease or does
substantially decrease the cost of
conducting ecological restoration
projects involving vegetation removal
on the unit of land. These units of USFS
National Forest System lands must be
classified as being a high or very high
PO 00000
Frm 00008
Fmt 4703
Sfmt 4703
priority for ecological restoration
involving vegetation removal, due to the
risk of unnaturally severe wildfires, or
insect or disease infestation. The
Agency will consider a facility to be in
close proximity of the requisite unit of
land if it is within two hundred fifty
(250) miles of the area identified as high
or very high priority for ecological
restoration. TPEP facilities will
purchase and process byproducts from
ecosystem restoration projects.
2. Statutory and Regulatory Authority:
The TPEP program is authorized by
section 40804(d)(3)—Ecosystem
Restoration—of the Infrastructure
Investment and Jobs Act (Pub. L. 117–
58) which directs USFS to provide
financial assistance to entities seeking to
establish, reopen, retrofit, expand, or
improve a sawmill or other wood
processing facility that is in close
proximity to a unit of United States
Forest Service (USFS) National Forest
System lands, including Indian forest
land or rangeland, that has been
identified as high or very high priority
for ecological restoration and that is
using ecological byproducts from the
unit of land. Further, the TPEP program
is in response to White House Executive
Order 14081 on advancing the domestic
bioeconomy, the USDA report Building
a Resilient Biomass Supply, (usda.gov/
media/press-releases/2024/03/14/usdaoutlines-vision-strengthen-americanbioeconomy-through-more), and the
subsequent deliverables outlined in the
report’s Implementation Framework.
The TPEP program is operating as a
pilot program and will be administered
under 7 CFR part 5001. TPEP is
designed and implemented in a manner
similar to the Business and Industry
(B&I) Guaranteed loan program with
minor changes to meet the needs of the
timber industry. An interagency
agreement between the USFS and RBCS
will allow RBCS to implement the TPEP
program in the interest of the USFS.
3. Definitions. The definitions
applicable to this notice are published
in 7 CFR 5001.3. For the purpose of this
notice only:
(a) Wood Processing Facility means a
facility that produces solid wood
products (including lumber, posts and
poles), engineered wood products
(including plywood, veneer panels, and
mass timber products), biomass energy
products (heat, power, combined heat
and power, and biochar), and fuel
products (firewood, wood pellets,
briquettes, and liquid biofuels).
(b) High Priority for Ecological
Restoration means publicly owned
USFS National Forest System lands,
including Indian forest land or
rangeland, that have been identified by
E:\FR\FM\26DEN1.SGM
26DEN1
Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices
ddrumheller on DSK120RN23PROD with NOTICES1
USFS as high risk for wildfire or insect
or disease infestation. USDA Forest
Service mapping can be found at
www.arcgis.com/apps/dashboards/
5d6d9d9922a8486f83d51d40835f1870.
4. Application of Awards. The Agency
will review, evaluate, and score
applications received in response to this
notice based on the provisions found in
7 CFR part 5001 Subpart A as indicated
in this notice. Awards under TPEP will
be made on a first come, first served
basis using specific selection criteria
contained in 7 CFR part 5001. The
Agency advises all interested parties
that the applicant bears the full burden
in preparing and submitting an
application in response to this notice.
5. Accounting Terms. Accounting
terms not otherwise defined in this
notice shall have the definition ascribed
to them under Generally Accepted
Accounting Principles (GAAP).
B. Federal Award Information
Type of Award: Loan Guarantee.
Available Funds: An excess of $200
million will be available beginning in
FY 2025. RBCS may, at its discretion,
increase the total level of funding
available from any available source
provided the awards meet the
requirements of the statute which made
the funding available to the Agency.
Award Amounts: The Administrator
has established that the maximum loan
amount is $25 million and there is no
minimum loan amount.
Due Date for Applications:
Applications will be accepted until
funds are expended.
Anticipated Award Date: Beginning
not earlier than one month post
announcement.
Performance Period: Guaranteed loans
are governed by the loan terms.
Type of Assistance Instrument: Loan
note guarantee.
Loan guarantee limits:
(a) Loan amount. The total amount of
guaranteed loans under this notice to
one borrower, including the aggregate
amount of guaranteed loans to affiliate
entities dependent upon another’s
operations and generation of revenue for
loan repayment, must not exceed $25
million.
(b) Percentage of guarantee. The
percentage of guarantee will be 90
percent.
(c) Guarantee Fees. Guarantee fees, as
determined under 7 CFR 5001.454, are
not applicable to the TPEP program. The
guaranteed loan will not have guarantee
origination fees or annual guarantee
service fees.
C. Eligibility Information
1. Eligibility Requirements. The
eligibility requirements for the
VerDate Sep<11>2014
19:37 Dec 23, 2024
Jkt 265001
borrower, lender, and project (as
applicable) are clarified in 7 CFR part
5001 and are summarized in this notice.
2. Eligible Borrowers and Lenders. To
be eligible for a loan guarantee under
TPEP, a lender must meet the eligibility
requirements in 7 CFR 5001.130. The
borrower must meet the requirements
specified in 7 CFR 5001.126(a) and (d)
at the time of each guaranteed loan’s
approval and through issuance of the
loan note guarantee. In addition, the
borrower must be:
(a) An entity engaged in or proposing
to engage in establishing, reopening,
retrofitting, expanding, or improving a
sawmill or other wood-processing
facility. For purposes of this notice, an
eligible borrower entity may include a
forest worker, logger, heavy equipment
operator, material handler, or other
professional entity responsible for
purchasing and processing ecosystem
restoration byproducts.
(b) Eligible borrowers must use
ecosystem restoration byproducts from
Federal or Tribal lands that USFS
identified as high or very high priority
for ecological restoration involving
vegetation removal and must procure a
significant amount of raw materials
from Federal or Tribal lands. High
priority designated lands can be found
using the TPEP Priority Areas
dashboard at the following link:
www.arcgis.com/apps/dashboards/
5d6d9d9922a8486f83d51d40835f1870.
3. Eligible Activities. Establishing,
reopening, retrofitting, expanding, or
improving a sawmill or other wood
processing facility that is in close
proximity to a unit of USFS National
Forest System lands identified as high
or very high priority for ecological
restoration and that uses ecosystem
restoration byproducts from an
identified unit of USFS National Forest
System lands, if the presence of a
sawmill or other wood-processing
facility would substantially decrease or
does substantially decrease the cost of
conducting ecological restorations
projects involving vegetation removal
on the unit of land. The Agency will
consider a facility to be in close
proximity of the requisite unit of land
if it is within two hundred fifty (250)
miles of the area identified as high or
very high priority for ecological
restoration.
4. Eligible Uses of Funds/Eligible
projects. To be eligible for the program,
a project must meet the eligibility
requirements of 7 CFR 5001.121(c) and
those specified in this notice. Borrowers
must demonstrate, to the Agency’s
satisfaction, that guaranteed loan funds
will be used to establish, reopen,
retrofit, expand, or improve a sawmill or
PO 00000
Frm 00009
Fmt 4703
Sfmt 4703
104973
other wood processing facility that is in
close proximity to a unit of USFS
National Forest System lands that USFS
identified as high or very high priority
for ecological restoration and that uses
ecological restoration byproducts from
the high or very high priority unit of
land. The following are additional
eligible uses of guaranteed funds:
(a) Lender fees, as determined under
7 CFR 5001.403.
(b) Professional service fees and
charges, provided the Agency approves
the amounts as reasonable and
customary in the area and fees for
construction permits and licenses.
(c) Feasibility studies and business
plans.
(d) Interest (including interest on
interim financing) during the period
before the first principal payment
becomes due or when the facility
becomes income producing, whichever
is earlier.
(e) Refinancing in accordance with 7
CFR 5001.102(d). Unless the amount to
be refinanced is owed directly to the
Federal Government or is federally
guaranteed, no more than 50 percent of
loan funds may be used to refinance
existing debt.
5. Cost Sharing or Matching. There are
no cost sharing or matching
requirements associated with this
guarantee.
6. Other.
(a) Ineligible project costs. Ineligible
project costs are in accordance with 7
CFR 5001.122.
(b) Approved Lenders. Lenders that
have met the requirements and have
received approval under 7 CFR
5001.130 are prequalified to lend under
TPEP.
(c) Debarment and Suspension.
Applicants are not eligible if they have
been debarred or suspended or
otherwise excluded from, or ineligible
for, participation in Federal assistance
programs under 2 CFR parts 180 and
417. Applicants will be required to
comply with the requirement in 2 CFR
180.335. Lenders are responsible for
verification of the borrower’s status.
Verification can be done at sam.gov.
D. Application and Submission
Information
1. Address to Request Application
Package. The TPEP Application Guide
and copies of necessary forms and
samples, are available at
www.rd.usda.gov/onerdguarantee.
2. Content and Form of Application
Submission. Applicants seeking to
participate in this program must submit
an application in accordance with this
notice and 7 CFR part 5001, as
applicable.
E:\FR\FM\26DEN1.SGM
26DEN1
ddrumheller on DSK120RN23PROD with NOTICES1
104974
Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices
Carefully review this notice, 7 CFR
parts 5001.301, 5001.302, 5001.303 and
5001.306, and the TPEP Application
Guide, which collectively detail all
required items for a complete
application. Submitted applications and
any accompanying materials become
Federal records by law and cannot be
returned to you.
Applicants may submit complete
applications, until funds are expended,
containing all parts necessary for the
Agency to determine applicant and
project eligibility, and to score the
application in order to be considered.
3. System for Award Management and
Unique Entity Identifier.
(a) At the time of application, each
applicant must have an active
registration in the System for Award
Management (SAM) before submitting
its application in accordance with 2
CFR part 25. To register in SAM, entities
will be required to obtain a Unique
Entity Identifier (UEI). Instructions for
obtaining the UEI are available at
sam.gov/content/entity-registration.
(b) Applicants must maintain an
active SAM registration, with current,
accurate and complete information, at
all times during which it has an active
Federal award or an application under
consideration by a Federal awarding
agency.
(c) Applicants must ensure they
complete the Financial Assistance
General Certifications and
Representations in SAM.
(d) Applicants must provide a valid
UEI in their application, unless
determined exempt under 2 CFR 25.110.
(e) TheAgencywillnot make anaward
until the applicant has complied with
all SAM requirements including
providing the UEI. If an applicant has
not fully complied withthe
requirements by the time theAgency is
ready to make anaward, theAgency may
determine that the applicant is not
qualified to receive aFederalaward and
use that determination as a basis for
making aFederalaward to another
applicant.
4. Submission Dates and Times.
Applications for loan guarantees may be
submitted at any time on an ongoing
basis and applications will be accepted
on a first come first served basis until
all funds are expended. RBCS also
reserves the right to ask applicants for
clarifying information and additional
verification of assertions in the
application.
5. Intergovernmental Review.
Executive Order (E.O.) 12372,
Intergovernmental Review of Federal
Programs, applies to this program. This
E.O. requires that Federal agencies
provide opportunities for consultation
VerDate Sep<11>2014
19:37 Dec 23, 2024
Jkt 265001
on proposed assistance with State and
local governments, including, a county,
municipality, town, township, village,
or other unit of general government,
including Tribal governments, below
the State level. Many states have
established a Single Point of Contact
(SPOC) to facilitate this consultation.
For a list of States that maintain a SPOC,
please see the White House website:
whitehouse.gov/omb/management/
office-federal-financial-management/. If
your State has a SPOC, you may submit
a copy of the application directly for
review. Any comments obtained
through the SPOC must be provided to
your State Office for consideration as
part of your application. If your state
has not established a SPOC, you may
submit your application directly to the
Agency. Applications from federally
recognized Indian Tribes are not subject
to this requirement.
6. Funding Restrictions. Applications
must be for eligible purposes as defined
in Section C.3. of this notice and must
comply with the guaranteed loan fund
limitations found in 7 CFR 5001.406(c).
7. Other Submission Requirements.
(a) Approved Multi-State Lenders.
Lenders will upload all loan guarantee
applications and servicing requests,
regardless of loan amount to the OneRD
Teams Portal.
(b) Non-Multi-State Lenders. All other
lenders, other than designated MultiState Lenders, will submit applications
to the State Office electronically. State
office contacts can be found at
www.rd.usda.gov/about-rd/offices/stateoffices.
E. Application Review Information
1. Criteria. All eligible and complete
applications will be evaluated and
scored based on the selection criteria
and weights contained in this notice
and in 7 CFR 5001.318. Failure to
address any of the application criteria
will result in the application being
determined ineligible, and the
application will not be considered for
funding.
In addition to the scoring criteria
outlined in 7 CFR 5001.318, there will
be an additional 10 points that may be
awarded for projects that address
wildfire risk reduction or that provide
documented justification for the
following RD key priority categories:
(a) Assisting rural communities
recover economically through more and
better market opportunities and through
improved infrastructure. An applicant
would receive priority points if the
project is located in or serving a rural
community whose economic well-being
ranks in the most distressed tier
(distress score of 80 or higher) of the
PO 00000
Frm 00010
Fmt 4703
Sfmt 4703
Distressed Communities Index using the
Distressed Communities Look-Up Map
available at www.rd.usda.gov/prioritypoints.
(b) Ensuring all rural residents have
equitable access to RD programs and
benefits from RD funded projects. Using
the Social Vulnerability Index (SVI)
Look-Up Map (available at
www.rd.usda.gov/priority-points), an
applicant would receive priority points
if:
• The project is located in or serving
a community with score 0.75 or above
on the SVI;
• The applicant is a federally
recognized Tribe, including Tribal
instrumentalities and entities that are
wholly owned by Tribes; or
• Is a project where at least 50
percent of the project beneficiaries are
members of federally Recognized Tribes
and non-Tribal applicants include a
Tribal Resolution of Consent from the
Tribe or Tribes (or other documentation
of Consent consistent with the laws,
procedures or practices of a Tribe or
Tribes) that the applicant is proposing
to serve.
• The application is from or
benefiting a Rural Partner’s Networks
(RPN) community network. Currently,
RPN networks exist in Alaska, Arizona,
Georgia, Kentucky, Mississippi, Nevada,
New Mexico, North Carolina, Puerto
Rico, West Virginia, and Wisconsin. Use
the Community Look-up map (available
at www.rd.usda.gov/priority-points) to
determine if your project qualifies for
priority points.
(c) Reducing climate pollution and
increasing resilience to the impacts of
climate change through economic
support to rural communities. Using the
Disadvantaged Community and Energy
Community Look-Up Map (available at
www.rd.usda.gov/priority-points),
applicants will receive priority in one of
the three ways:
• If the project is located in or serves
a Disadvantaged Community as defined
by the Climate and Economic Justice
Screening Tool (CEJST), from the White
House Council on Environmental
Quality;
• If the project is located in or serves
an Energy Community as defined by the
Inflation Reduction Act (IRA); and
• If applicants can demonstrate
through a written narrative how the
proposed climate-impact projects will
improve the livelihoods of community
residents and meet pollution mitigation
or clean energy goals, including benefits
calculated using the social cost of
carbon estimates developed by the
Environmental Protection Agency.
2. Review and Selection Process. The
Agency will review each complete
E:\FR\FM\26DEN1.SGM
26DEN1
Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices
application to make a formal
determination as to the eligibility of the
borrower, lender, project, and
guaranteed loan purpose and proposed
use of funds; whether there is a
reasonable assurance of repayment
ability; whether sufficient collateral and
equity exists; and whether the proposed
guaranteed loan complies with all
applicable statutes and regulations. The
Agency will comply with provisions in
7 CFR 5001.315, ‘‘Application
evaluation and award provisions’’, for
the review and selection process.
The Agency reserves the right to offer
the applicant less than the funding
requested.
F. Federal Award Administration
Information
1. Federal Award Notices
Application Outcomes. TPEP loans
will be processed in accordance with 7
CFR part 5001. RBCS reserves the right
to make no awards if all applications are
ineligible, incomplete or do not meet
the established program objectives and
priorities.
ddrumheller on DSK120RN23PROD with NOTICES1
2. Administrative and National Policy
Requirements
(a) Build America, Buy America
(BABA). Awardees that are Non-Federal
Entities, defined pursuant to 2 CFR
200.1 as any State, local government,
Indian Tribe, Institution of Higher
Education, or nonprofit organization,
shall be governed by the requirements of
section 70914 of the Build America, Buy
America Act (BABA) within the
Infrastructure Investment and Jobs Act
(Pub. L. 117–58), and its implementing
regulations at 2 CFR part 184. Any
requests for waiver of these
requirements must be submitted
pursuant to USDA’s guidance available
online at www.usda.gov/ocfo/federalfinancial-assistance-policy/
USDABuyAmericaWaiver.
(b) Geospatial Data. Awardee, and
any and all contracts entered into by the
Awardee with respect to the Award,
shall ensure that geospatial data
required to be collected and provided to
the agency, conforms with the
requirements of USDA Department
Regulation DR–3465–001 and the
Geospatial Metadata Standards set forth
in DM 3465–001, which can be obtained
online at usda.gov/directives/dr-3465001 and usda.gov/directives/dm-3465001.
(c) Exception authority. The
Administrator may, on a case-by-case
basis grant an exception to any
requirement or provision of this notice,
provided that such an exception is in
the best financial interests of the Federal
VerDate Sep<11>2014
19:37 Dec 23, 2024
Jkt 265001
Government. Exercise of this authority
cannot be in conflict with applicable
law.
(d) Appeals. The provisions of 7 CFR
5001.5 will apply to appeals under this
notice. Funding of successfully
appealed applications will be limited to
available funding.
(e) General lender responsibilities.
The provisions of 7 CFR 5001.6 will
apply to general lender responsibilities
under this notice.
(f) Approvals, regulations, and forms.
The provisions of 7 CFR 5001.8 will
apply to approvals, regulations and
forms under this notice.
(g) Eligible lenders. To become a
lender under this notice, the lending
entity must meet the requirements
specified in 7 CFR 5001.130, ‘‘Lender
eligibility requirements.’’ Lenders
approved by the Agency as an eligible
lender under 7 CFR 5001.130 and that
are in compliance with 7 CFR 5001.132
‘‘Maintenance of approved lender
status’’ and the requirements of this
notice, are eligible lenders under this
notice. Lenders must continue to
comply with the requirements of 7 CFR
5001.132.
(h) Lender’s agreement. Agency
approval of the lender will be evidenced
by an outstanding lender’s agreement,
between the Agency and the lender as
referenced in 7 CFR 5001.131. When
approved to participate as a lender
under this notice, the lender must
execute a lender’s agreement before the
Agency will issue a loan note guarantee.
(i) Access to records. The lender must
permit representatives of the Agency (or
other agencies of the United States) to
inspect and make copies of any records
of the lender pertaining to Agency
guaranteed loans during regular office
hours of the lender or at any other time
upon agreement between the lender and
the Agency. In addition, the lender must
cooperate fully with Agency oversight
and monitoring of all lenders involved
in any manner with any guarantee to
ensure compliance with this notice.
Such oversight and monitoring will
include, but is not limited to, reviewing
lender records and meeting with
lenders.
(j) Guarantee provisions. The
provisions of 7 CFR 5001.450 will apply
to guarantees provided under this
notice.
(k) Participation or assignment of
guaranteed loan. The provisions of 7
CFR 5001.408 will apply to guarantees
provided under this notice.
(l) Repurchase from holder. The
provisions of 7 CFR 5001.511 will apply
to guarantees provided under this
notice.
PO 00000
Frm 00011
Fmt 4703
Sfmt 4703
104975
3. Reporting
The provisions of 7 CFR 5001.502
Oversight and Monitoring and the
provisions of 7 CFR 5001.504 Financial
Reports will apply to guarantees
provided under this notice.
G. Federal Awarding Agency Contact(s)
For general questions about this
announcement, please contact Shaun
Stehr at TPEP@usda.gov or 202–594–
6454. Program website also provide up
to date contact information at
rd.usda.gov/onerdguarantee.
H. Other Information
1. Paperwork Reduction Act. In
accordance with the Paperwork
Reduction Act of 1995 (44 U.S.C.
chapter 35), the information collection
requirements associated with the
programs, as covered in this notice,
have been approved by the Office of
Management and Budget (OMB) under
OMB Control Number 0572–0155.
2. National Environmental Policy Act.
All recipients under this notice are
subject to the requirements of 7 CFR
part 1970.
3. Federal Funding Accountability
and Transparency Act. All applicants,
in accordance with 2 CFR part 25, must
be registered in SAM and have a UEI
number as stated in section D.3 of this
notice. All recipients of Federal
financial assistance are required to
report information about first-tier subawards and executive total
compensation in accordance with 2 CFR
part 170.
4. Civil Rights Impact Analysis. RD
has reviewed this notice in accordance
with USDA Regulation 4300–4, Civil
Rights Impact Analysis,’’ to identify any
major civil rights impacts the notice
might have on program participants on
the basis of age, race, color, national
origin, sex, disability, gender identity
(including gender expression), genetic
information, political beliefs, sexual
orientation, marital status, familial
status, parental status, veteran status,
religion, reprisal and/or resulting from
all or a part of an individual’s income
being derived from any public
assistance program. This notice is
within a Guarantee-based program.
Guarantees are not covered under title
VI of the Civil Rights Act of 1964,
section 504 of the Rehabilitation Act of
1973, and title IX of the Education
Amendments Act of 1972, as amended,
when the Federal assistance does not
include insurance or interest credit
loans. Lenders must comply with other
applicable Federal laws, including
Equal Employment Opportunities, the
Equal Credit Opportunity Act, the Fair
E:\FR\FM\26DEN1.SGM
26DEN1
ddrumheller on DSK120RN23PROD with NOTICES1
104976
Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices
Housing Act, and the Civil Rights Act of
1964. Guaranteed loans that involve the
construction of or addition to facilities
must comply with the Architectural
Barriers Act Accessibility Standard. The
borrower and lender are responsible for
ensuring compliance with these
requirements.
5. Equal Opportunity for Religious
Organizations.
(a) Faith-based organizations may
apply for this award on the same basis
as any other organization, as set forth at,
and subject to the protections and
requirements of, this part and any
applicable constitutional and statutory
requirements, including 42 U.S.C.
2000bb et seq. USDA will not, in the
selection of recipients, discriminate for
or against an organization on the basis
of the organization’s religious character,
motives, or affiliation, or lack thereof, or
on the basis of conduct that would not
be considered grounds to favor or
disfavor a similarly situated secular
organization.
(b) A faith-based organization that
participates in this program will retain
its independence from the Government
and may continue to carry out its
mission consistent with religious
freedom and conscience protections in
Federal law. Religious accommodations
may also be sought under many of these
religious freedom and conscience
protection laws.
(c) A faith-based organization may not
use direct Federal financial assistance
from USDA to support or engage in any
explicitly religious activities except
when consistent with the Establishment
Clause of the First Amendment and any
other applicable requirements. An
organization receiving Federal financial
assistance also may not, in providing
services funded by USDA, or in their
outreach activities related to such
services, discriminate against a program
beneficiary or prospective program
beneficiary on the basis of religion, a
religious belief, a refusal to hold a
religious belief, or a refusal to attend or
participate in a religious practice.
6. Nondiscrimination Statement. In
accordance with Federal civil rights
laws and U.S. Department of
Agriculture (USDA) civil rights
regulations and policies, the USDA, its
Mission Areas, agencies, staff offices,
employees, and institutions
participating in or administering USDA
programs are prohibited from
discriminating based on race, color,
national origin, religion, sex, gender
identity (including gender expression),
sexual orientation, disability, age,
marital status, family/parental status,
income derived from a public assistance
program, political beliefs, or reprisal or
VerDate Sep<11>2014
19:37 Dec 23, 2024
Jkt 265001
retaliation for prior civil rights activity,
in any program or activity conducted or
funded by USDA (not all bases apply to
all programs). Remedies and complaint
filing deadlines vary by program or
incident.
Program information may be made
available in languages other than
English. Persons with disabilities who
require alternative means of
communication to obtain program
information (e.g., Braille, large print,
audiotape, American Sign Language)
should contact the responsible Mission
Area, agency, or staff office; or the 711
Relay Service.
To file a program discrimination
complaint, a complainant should
complete a Form AD–3027, USDA
Program Discrimination Complaint
Form, which can be obtained online at
www.usda.gov/sites/default/files/
documents/ad-3027.pdf from any USDA
office, by calling (866) 632–9992, or by
writing a letter addressed to USDA. The
letter must contain the complainant’s
name, address, telephone number, and a
written description of the alleged
discriminatory action in sufficient detail
to inform the Assistant Secretary for
Civil Rights (ASCR) about the nature
and date of an alleged civil rights
violation. The completed AD–3027 form
or letter must be submitted to USDA by:
(1) Mail: U.S. Department of
Agriculture, Office of the Assistant
Secretary for Civil Rights, 1400
Independence Avenue SW, Washington,
DC 20250–9410; or
(2) Fax: (833) 256–1665 or (202) 690–
7442; or
(3) Email: program.intake@usda.gov.
USDA is an equal opportunity
provider, employer, and lender.
Kathryn E. Dirksen Londrigan,
Rural Business-Cooperative Service, USDA
Rural Development.
[FR Doc. 2024–30651 Filed 12–23–24; 8:45 am]
BILLING CODE 3410–15–P
DEPARTMENT OF COMMERCE
Census Bureau
Agency Information Collection
Activities; Submission to the Office of
Management and Budget (OMB) for
Review and Approval; Comment
Request; Current Population Survey,
School Enrollment Supplement
U.S. Census Bureau,
Commerce.
ACTION: Notice of information collection,
request for comment.
AGENCY:
The Department of
Commerce, in accordance with the
SUMMARY:
PO 00000
Frm 00012
Fmt 4703
Sfmt 4703
Paperwork Reduction Act (PRA) of
1995, invites the general public and
other Federal agencies to comment on
proposed, and continuing information
collections, which helps us assess the
impact of our information collection
requirements and minimize the public’s
reporting burden. The purpose of this
notice is to allow for 60 days of public
comment on the proposed extension of
the Current Population Survey, School
Enrollment Supplement, prior to the
submission of the information collection
request (ICR) to OMB for approval.
DATES: To ensure consideration,
comments regarding this proposed
information collection must be received
on or before February 24, 2025.
ADDRESSES: Interested persons are
invited to submit written comments by
email to the Current Population Surveys
Branch email address at dsd.cps@
census.gov. Please reference the CPS
School Enrollment Supplement in the
subject line of your comments. You may
also submit comments, identified by
Docket Number USBC–2024–0035, to
the Federal e-Rulemaking Portal:
https://www.regulations.gov. All
comments received are part of the
public record. No comments will be
posted to https://www.regulations.gov
for public viewing until after the
comment period has closed. Comments
will generally be posted without change.
All Personally Identifiable Information
(for example, name and address)
voluntarily submitted by the commenter
may be publicly accessible. Do not
submit Confidential Business
Information or otherwise sensitive or
protected information. You may submit
attachments to electronic comments in
Microsoft Word, Excel, or Adobe PDF
file formats.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
specific questions related to collection
activities should be directed to Kyra
Linse, Survey Director, Current
Population Surveys via the internet at
dsd.cps@census.gov, or by phone at
301–763–9280.
SUPPLEMENTARY INFORMATION:
I. Abstract
The Census Bureau plans to request
clearance from the Office of
Management and Budget (OMB) for the
collection of data concerning the School
Enrollment Supplement to be conducted
in conjunction with the October Current
Population Survey (CPS). The Census
Bureau and the Bureau of Labor
Statistics (BLS) sponsor the basic annual
school enrollment questions, which
have been collected annually in the CPS
for over 50 years. The current clearance
E:\FR\FM\26DEN1.SGM
26DEN1
Agencies
- DEPARTMENT OF AGRICULTURE
- Rural Business Cooperative Service
[Federal Register Volume 89, Number 247 (Thursday, December 26, 2024)]
[Notices]
[Pages 104972-104976]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-30651]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Business Cooperative Service
[DOCKET #: RBS-24-BUSINESS-0008]
Notice of Funding Opportunity for the Timber Production Expansion
Guaranteed Loan Program for Fiscal Year 2024
AGENCY: Rural Business-Cooperative Service, USDA.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Rural Business-Cooperative Service (RBCS or Agency), a
Rural Development (RD) agency of the United State Department of
Agriculture (USDA), announces the acceptance of applications and
availability of funding under the Timber Production Expansion
Guaranteed Loan Program (TPEP) for fiscal year (FY) 2024. These
guaranteed funds will be made available to eligible lenders to make
loans to eligible borrowers seeking to establish, reopen, retrofit,
expand, or improve a sawmill or other wood processing facility, in
close proximity to a unit of United States Forest Service (USFS)
National Forest System lands, including Indian forest land or
rangeland, identified as high priority or very high priority on the map
accessible using the following link: www.arcgis.com/apps/dashboards/5d6d9d9922a8486f83d51d40835f1870. This program will have in excess of
$200 million available beginning in FY 2025 utilizing funding provided
under the Infrastructure Investment and Jobs Act. All applicants are
responsible for any expenses incurred in developing their applications.
DATES: Completed applications may be submitted beginning December 26,
2024. Applications will be accepted until funds are exhausted.
ADDRESSES: Applicants are encouraged to contact the Agency to discuss
projects and ask any questions about the program or application
process. Entities wishing to apply for assistance may download the
application documents and requirements delineated in this notice from:
rd.usda.gov/onerdguarantee. Applications will only be accepted
electronically.
Applicants are encouraged to contact their respective RD State
Office for an email contact to submit an electronic application. A list
of the USDA RD State Office contacts can be found at: rd.usda.gov/about-rd/state-offices.
FOR FURTHER INFORMATION CONTACT: Shaun Stehr at [email protected], Loan and
Grant Analyst, RBCS, USDA, 1400 Independence Avenue SW, Mail Stop 3201,
Room 5803-South, Washington, DC 20250-3201; or call 717-675-0038.
SUPPLEMENTARY INFORMATION:
Overview
Federal Awarding Agency Name: Rural Business-Cooperative Service.
Funding Opportunity Title: Timber Production Expansion Guaranteed
Loan Program.
Announcement Type: Notice of Funding Opportunity (NOFO).
Assistance Listing: 10.385.
Dates: Applications will be accepted beginning December 26, 2024.
Applications will be accepted until all funds are expended.
Rural Development Key Priorities: The Agency encourages applicants
to consider projects that will advance the following key priorities
(more details available at www.rd.usda.gov/priority-points):
Addressing Climate Change and Environmental Justice;
Reducing climate pollution and increasing resilience to the impacts of
climate change through economic support to rural communities.
Advancing Racial Justice, Place-Based Equity, and
Opportunity; Ensuring all rural residents have equitable access to RD
programs and benefits from RD funded projects.
Creating More and Better Market Opportunities; Assisting
rural communities recover economically through more and better market
opportunities and through improved infrastructure.
A. Program Description
1. Purpose of the Program. The TPEP will provide financial
assistance through loan guarantees to lenders providing loans to
entities seeking to establish, reopen, retrofit, expand, or improve a
sawmill or other wood processing facility in close proximity to a unit
of USFS National Forest System lands, including Indian forest land or
rangeland, that has been identified as high or very high priority for
ecological restoration if the presence of a sawmill or other wood-
processing facility would substantially decrease or does substantially
decrease the cost of conducting ecological restoration projects
involving vegetation removal on the unit of land. These units of USFS
National Forest System lands must be classified as being a high or very
high priority for ecological restoration involving vegetation removal,
due to the risk of unnaturally severe wildfires, or insect or disease
infestation. The Agency will consider a facility to be in close
proximity of the requisite unit of land if it is within two hundred
fifty (250) miles of the area identified as high or very high priority
for ecological restoration. TPEP facilities will purchase and process
byproducts from ecosystem restoration projects.
2. Statutory and Regulatory Authority: The TPEP program is
authorized by section 40804(d)(3)--Ecosystem Restoration--of the
Infrastructure Investment and Jobs Act (Pub. L. 117-58) which directs
USFS to provide financial assistance to entities seeking to establish,
reopen, retrofit, expand, or improve a sawmill or other wood processing
facility that is in close proximity to a unit of United States Forest
Service (USFS) National Forest System lands, including Indian forest
land or rangeland, that has been identified as high or very high
priority for ecological restoration and that is using ecological
byproducts from the unit of land. Further, the TPEP program is in
response to White House Executive Order 14081 on advancing the domestic
bioeconomy, the USDA report Building a Resilient Biomass Supply,
(usda.gov/media/press-releases/2024/03/14/usda-outlines-vision-strengthen-american-bioeconomy-through-more), and the subsequent
deliverables outlined in the report's Implementation Framework. The
TPEP program is operating as a pilot program and will be administered
under 7 CFR part 5001. TPEP is designed and implemented in a manner
similar to the Business and Industry (B&I) Guaranteed loan program with
minor changes to meet the needs of the timber industry. An interagency
agreement between the USFS and RBCS will allow RBCS to implement the
TPEP program in the interest of the USFS.
3. Definitions. The definitions applicable to this notice are
published in 7 CFR 5001.3. For the purpose of this notice only:
(a) Wood Processing Facility means a facility that produces solid
wood products (including lumber, posts and poles), engineered wood
products (including plywood, veneer panels, and mass timber products),
biomass energy products (heat, power, combined heat and power, and
biochar), and fuel products (firewood, wood pellets, briquettes, and
liquid biofuels).
(b) High Priority for Ecological Restoration means publicly owned
USFS National Forest System lands, including Indian forest land or
rangeland, that have been identified by
[[Page 104973]]
USFS as high risk for wildfire or insect or disease infestation. USDA
Forest Service mapping can be found at www.arcgis.com/apps/dashboards/5d6d9d9922a8486f83d51d40835f1870.
4. Application of Awards. The Agency will review, evaluate, and
score applications received in response to this notice based on the
provisions found in 7 CFR part 5001 Subpart A as indicated in this
notice. Awards under TPEP will be made on a first come, first served
basis using specific selection criteria contained in 7 CFR part 5001.
The Agency advises all interested parties that the applicant bears the
full burden in preparing and submitting an application in response to
this notice.
5. Accounting Terms. Accounting terms not otherwise defined in this
notice shall have the definition ascribed to them under Generally
Accepted Accounting Principles (GAAP).
B. Federal Award Information
Type of Award: Loan Guarantee.
Available Funds: An excess of $200 million will be available
beginning in FY 2025. RBCS may, at its discretion, increase the total
level of funding available from any available source provided the
awards meet the requirements of the statute which made the funding
available to the Agency.
Award Amounts: The Administrator has established that the maximum
loan amount is $25 million and there is no minimum loan amount.
Due Date for Applications: Applications will be accepted until
funds are expended.
Anticipated Award Date: Beginning not earlier than one month post
announcement.
Performance Period: Guaranteed loans are governed by the loan
terms.
Type of Assistance Instrument: Loan note guarantee.
Loan guarantee limits:
(a) Loan amount. The total amount of guaranteed loans under this
notice to one borrower, including the aggregate amount of guaranteed
loans to affiliate entities dependent upon another's operations and
generation of revenue for loan repayment, must not exceed $25 million.
(b) Percentage of guarantee. The percentage of guarantee will be 90
percent.
(c) Guarantee Fees. Guarantee fees, as determined under 7 CFR
5001.454, are not applicable to the TPEP program. The guaranteed loan
will not have guarantee origination fees or annual guarantee service
fees.
C. Eligibility Information
1. Eligibility Requirements. The eligibility requirements for the
borrower, lender, and project (as applicable) are clarified in 7 CFR
part 5001 and are summarized in this notice.
2. Eligible Borrowers and Lenders. To be eligible for a loan
guarantee under TPEP, a lender must meet the eligibility requirements
in 7 CFR 5001.130. The borrower must meet the requirements specified in
7 CFR 5001.126(a) and (d) at the time of each guaranteed loan's
approval and through issuance of the loan note guarantee. In addition,
the borrower must be:
(a) An entity engaged in or proposing to engage in establishing,
reopening, retrofitting, expanding, or improving a sawmill or other
wood-processing facility. For purposes of this notice, an eligible
borrower entity may include a forest worker, logger, heavy equipment
operator, material handler, or other professional entity responsible
for purchasing and processing ecosystem restoration byproducts.
(b) Eligible borrowers must use ecosystem restoration byproducts
from Federal or Tribal lands that USFS identified as high or very high
priority for ecological restoration involving vegetation removal and
must procure a significant amount of raw materials from Federal or
Tribal lands. High priority designated lands can be found using the
TPEP Priority Areas dashboard at the following link: www.arcgis.com/apps/dashboards/5d6d9d9922a8486f83d51d40835f1870.
3. Eligible Activities. Establishing, reopening, retrofitting,
expanding, or improving a sawmill or other wood processing facility
that is in close proximity to a unit of USFS National Forest System
lands identified as high or very high priority for ecological
restoration and that uses ecosystem restoration byproducts from an
identified unit of USFS National Forest System lands, if the presence
of a sawmill or other wood-processing facility would substantially
decrease or does substantially decrease the cost of conducting
ecological restorations projects involving vegetation removal on the
unit of land. The Agency will consider a facility to be in close
proximity of the requisite unit of land if it is within two hundred
fifty (250) miles of the area identified as high or very high priority
for ecological restoration.
4. Eligible Uses of Funds/Eligible projects. To be eligible for the
program, a project must meet the eligibility requirements of 7 CFR
5001.121(c) and those specified in this notice. Borrowers must
demonstrate, to the Agency's satisfaction, that guaranteed loan funds
will be used to establish, reopen, retrofit, expand, or improve a
sawmill or other wood processing facility that is in close proximity to
a unit of USFS National Forest System lands that USFS identified as
high or very high priority for ecological restoration and that uses
ecological restoration byproducts from the high or very high priority
unit of land. The following are additional eligible uses of guaranteed
funds:
(a) Lender fees, as determined under 7 CFR 5001.403.
(b) Professional service fees and charges, provided the Agency
approves the amounts as reasonable and customary in the area and fees
for construction permits and licenses.
(c) Feasibility studies and business plans.
(d) Interest (including interest on interim financing) during the
period before the first principal payment becomes due or when the
facility becomes income producing, whichever is earlier.
(e) Refinancing in accordance with 7 CFR 5001.102(d). Unless the
amount to be refinanced is owed directly to the Federal Government or
is federally guaranteed, no more than 50 percent of loan funds may be
used to refinance existing debt.
5. Cost Sharing or Matching. There are no cost sharing or matching
requirements associated with this guarantee.
6. Other.
(a) Ineligible project costs. Ineligible project costs are in
accordance with 7 CFR 5001.122.
(b) Approved Lenders. Lenders that have met the requirements and
have received approval under 7 CFR 5001.130 are prequalified to lend
under TPEP.
(c) Debarment and Suspension. Applicants are not eligible if they
have been debarred or suspended or otherwise excluded from, or
ineligible for, participation in Federal assistance programs under 2
CFR parts 180 and 417. Applicants will be required to comply with the
requirement in 2 CFR 180.335. Lenders are responsible for verification
of the borrower's status. Verification can be done at sam.gov.
D. Application and Submission Information
1. Address to Request Application Package. The TPEP Application
Guide and copies of necessary forms and samples, are available at
www.rd.usda.gov/onerdguarantee.
2. Content and Form of Application Submission. Applicants seeking
to participate in this program must submit an application in accordance
with this notice and 7 CFR part 5001, as applicable.
[[Page 104974]]
Carefully review this notice, 7 CFR parts 5001.301, 5001.302,
5001.303 and 5001.306, and the TPEP Application Guide, which
collectively detail all required items for a complete application.
Submitted applications and any accompanying materials become Federal
records by law and cannot be returned to you.
Applicants may submit complete applications, until funds are
expended, containing all parts necessary for the Agency to determine
applicant and project eligibility, and to score the application in
order to be considered.
3. System for Award Management and Unique Entity Identifier.
(a) At the time of application, each applicant must have an active
registration in the System for Award Management (SAM) before submitting
its application in accordance with 2 CFR part 25. To register in SAM,
entities will be required to obtain a Unique Entity Identifier (UEI).
Instructions for obtaining the UEI are available at sam.gov/content/entity-registration.
(b) Applicants must maintain an active SAM registration, with
current, accurate and complete information, at all times during which
it has an active Federal award or an application under consideration by
a Federal awarding agency.
(c) Applicants must ensure they complete the Financial Assistance
General Certifications and Representations in SAM.
(d) Applicants must provide a valid UEI in their application,
unless determined exempt under 2 CFR 25.110.
(e) TheAgencywillnot make anaward until the applicant has complied
with all SAM requirements including providing the UEI. If an applicant
has not fully complied withthe requirements by the time theAgency is
ready to make anaward, theAgency may determine that the applicant is
not qualified to receive aFederalaward and use that determination as a
basis for making aFederalaward to another applicant.
4. Submission Dates and Times. Applications for loan guarantees may
be submitted at any time on an ongoing basis and applications will be
accepted on a first come first served basis until all funds are
expended. RBCS also reserves the right to ask applicants for clarifying
information and additional verification of assertions in the
application.
5. Intergovernmental Review. Executive Order (E.O.) 12372,
Intergovernmental Review of Federal Programs, applies to this program.
This E.O. requires that Federal agencies provide opportunities for
consultation on proposed assistance with State and local governments,
including, a county, municipality, town, township, village, or other
unit of general government, including Tribal governments, below the
State level. Many states have established a Single Point of Contact
(SPOC) to facilitate this consultation. For a list of States that
maintain a SPOC, please see the White House website: whitehouse.gov/omb/management/office-federal-financial-management/. If your State has
a SPOC, you may submit a copy of the application directly for review.
Any comments obtained through the SPOC must be provided to your State
Office for consideration as part of your application. If your state has
not established a SPOC, you may submit your application directly to the
Agency. Applications from federally recognized Indian Tribes are not
subject to this requirement.
6. Funding Restrictions. Applications must be for eligible purposes
as defined in Section C.3. of this notice and must comply with the
guaranteed loan fund limitations found in 7 CFR 5001.406(c).
7. Other Submission Requirements.
(a) Approved Multi-State Lenders. Lenders will upload all loan
guarantee applications and servicing requests, regardless of loan
amount to the OneRD Teams Portal.
(b) Non-Multi-State Lenders. All other lenders, other than
designated Multi-State Lenders, will submit applications to the State
Office electronically. State office contacts can be found at
www.rd.usda.gov/about-rd/offices/state-offices.
E. Application Review Information
1. Criteria. All eligible and complete applications will be
evaluated and scored based on the selection criteria and weights
contained in this notice and in 7 CFR 5001.318. Failure to address any
of the application criteria will result in the application being
determined ineligible, and the application will not be considered for
funding.
In addition to the scoring criteria outlined in 7 CFR 5001.318,
there will be an additional 10 points that may be awarded for projects
that address wildfire risk reduction or that provide documented
justification for the following RD key priority categories:
(a) Assisting rural communities recover economically through more
and better market opportunities and through improved infrastructure. An
applicant would receive priority points if the project is located in or
serving a rural community whose economic well-being ranks in the most
distressed tier (distress score of 80 or higher) of the Distressed
Communities Index using the Distressed Communities Look-Up Map
available at www.rd.usda.gov/priority-points.
(b) Ensuring all rural residents have equitable access to RD
programs and benefits from RD funded projects. Using the Social
Vulnerability Index (SVI) Look-Up Map (available at www.rd.usda.gov/priority-points), an applicant would receive priority points if:
The project is located in or serving a community with
score 0.75 or above on the SVI;
The applicant is a federally recognized Tribe, including
Tribal instrumentalities and entities that are wholly owned by Tribes;
or
Is a project where at least 50 percent of the project
beneficiaries are members of federally Recognized Tribes and non-Tribal
applicants include a Tribal Resolution of Consent from the Tribe or
Tribes (or other documentation of Consent consistent with the laws,
procedures or practices of a Tribe or Tribes) that the applicant is
proposing to serve.
The application is from or benefiting a Rural Partner's
Networks (RPN) community network. Currently, RPN networks exist in
Alaska, Arizona, Georgia, Kentucky, Mississippi, Nevada, New Mexico,
North Carolina, Puerto Rico, West Virginia, and Wisconsin. Use the
Community Look-up map (available at www.rd.usda.gov/priority-points) to
determine if your project qualifies for priority points.
(c) Reducing climate pollution and increasing resilience to the
impacts of climate change through economic support to rural
communities. Using the Disadvantaged Community and Energy Community
Look-Up Map (available at www.rd.usda.gov/priority-points), applicants
will receive priority in one of the three ways:
If the project is located in or serves a Disadvantaged
Community as defined by the Climate and Economic Justice Screening Tool
(CEJST), from the White House Council on Environmental Quality;
If the project is located in or serves an Energy Community
as defined by the Inflation Reduction Act (IRA); and
If applicants can demonstrate through a written narrative
how the proposed climate-impact projects will improve the livelihoods
of community residents and meet pollution mitigation or clean energy
goals, including benefits calculated using the social cost of carbon
estimates developed by the Environmental Protection Agency.
2. Review and Selection Process. The Agency will review each
complete
[[Page 104975]]
application to make a formal determination as to the eligibility of the
borrower, lender, project, and guaranteed loan purpose and proposed use
of funds; whether there is a reasonable assurance of repayment ability;
whether sufficient collateral and equity exists; and whether the
proposed guaranteed loan complies with all applicable statutes and
regulations. The Agency will comply with provisions in 7 CFR 5001.315,
``Application evaluation and award provisions'', for the review and
selection process.
The Agency reserves the right to offer the applicant less than the
funding requested.
F. Federal Award Administration Information
1. Federal Award Notices
Application Outcomes. TPEP loans will be processed in accordance
with 7 CFR part 5001. RBCS reserves the right to make no awards if all
applications are ineligible, incomplete or do not meet the established
program objectives and priorities.
2. Administrative and National Policy Requirements
(a) Build America, Buy America (BABA). Awardees that are Non-
Federal Entities, defined pursuant to 2 CFR 200.1 as any State, local
government, Indian Tribe, Institution of Higher Education, or nonprofit
organization, shall be governed by the requirements of section 70914 of
the Build America, Buy America Act (BABA) within the Infrastructure
Investment and Jobs Act (Pub. L. 117-58), and its implementing
regulations at 2 CFR part 184. Any requests for waiver of these
requirements must be submitted pursuant to USDA's guidance available
online at www.usda.gov/ocfo/federal-financial-assistance-policy/USDABuyAmericaWaiver.
(b) Geospatial Data. Awardee, and any and all contracts entered
into by the Awardee with respect to the Award, shall ensure that
geospatial data required to be collected and provided to the agency,
conforms with the requirements of USDA Department Regulation DR-3465-
001 and the Geospatial Metadata Standards set forth in DM 3465-001,
which can be obtained online at usda.gov/directives/dr-3465-001 and
usda.gov/directives/dm-3465-001.
(c) Exception authority. The Administrator may, on a case-by-case
basis grant an exception to any requirement or provision of this
notice, provided that such an exception is in the best financial
interests of the Federal Government. Exercise of this authority cannot
be in conflict with applicable law.
(d) Appeals. The provisions of 7 CFR 5001.5 will apply to appeals
under this notice. Funding of successfully appealed applications will
be limited to available funding.
(e) General lender responsibilities. The provisions of 7 CFR 5001.6
will apply to general lender responsibilities under this notice.
(f) Approvals, regulations, and forms. The provisions of 7 CFR
5001.8 will apply to approvals, regulations and forms under this
notice.
(g) Eligible lenders. To become a lender under this notice, the
lending entity must meet the requirements specified in 7 CFR 5001.130,
``Lender eligibility requirements.'' Lenders approved by the Agency as
an eligible lender under 7 CFR 5001.130 and that are in compliance with
7 CFR 5001.132 ``Maintenance of approved lender status'' and the
requirements of this notice, are eligible lenders under this notice.
Lenders must continue to comply with the requirements of 7 CFR
5001.132.
(h) Lender's agreement. Agency approval of the lender will be
evidenced by an outstanding lender's agreement, between the Agency and
the lender as referenced in 7 CFR 5001.131. When approved to
participate as a lender under this notice, the lender must execute a
lender's agreement before the Agency will issue a loan note guarantee.
(i) Access to records. The lender must permit representatives of
the Agency (or other agencies of the United States) to inspect and make
copies of any records of the lender pertaining to Agency guaranteed
loans during regular office hours of the lender or at any other time
upon agreement between the lender and the Agency. In addition, the
lender must cooperate fully with Agency oversight and monitoring of all
lenders involved in any manner with any guarantee to ensure compliance
with this notice. Such oversight and monitoring will include, but is
not limited to, reviewing lender records and meeting with lenders.
(j) Guarantee provisions. The provisions of 7 CFR 5001.450 will
apply to guarantees provided under this notice.
(k) Participation or assignment of guaranteed loan. The provisions
of 7 CFR 5001.408 will apply to guarantees provided under this notice.
(l) Repurchase from holder. The provisions of 7 CFR 5001.511 will
apply to guarantees provided under this notice.
3. Reporting
The provisions of 7 CFR 5001.502 Oversight and Monitoring and the
provisions of 7 CFR 5001.504 Financial Reports will apply to guarantees
provided under this notice.
G. Federal Awarding Agency Contact(s)
For general questions about this announcement, please contact Shaun
Stehr at [email protected] or 202-594-6454. Program website also provide up
to date contact information at rd.usda.gov/onerdguarantee.
H. Other Information
1. Paperwork Reduction Act. In accordance with the Paperwork
Reduction Act of 1995 (44 U.S.C. chapter 35), the information
collection requirements associated with the programs, as covered in
this notice, have been approved by the Office of Management and Budget
(OMB) under OMB Control Number 0572-0155.
2. National Environmental Policy Act. All recipients under this
notice are subject to the requirements of 7 CFR part 1970.
3. Federal Funding Accountability and Transparency Act. All
applicants, in accordance with 2 CFR part 25, must be registered in SAM
and have a UEI number as stated in section D.3 of this notice. All
recipients of Federal financial assistance are required to report
information about first-tier sub-awards and executive total
compensation in accordance with 2 CFR part 170.
4. Civil Rights Impact Analysis. RD has reviewed this notice in
accordance with USDA Regulation 4300-4, Civil Rights Impact Analysis,''
to identify any major civil rights impacts the notice might have on
program participants on the basis of age, race, color, national origin,
sex, disability, gender identity (including gender expression), genetic
information, political beliefs, sexual orientation, marital status,
familial status, parental status, veteran status, religion, reprisal
and/or resulting from all or a part of an individual's income being
derived from any public assistance program. This notice is within a
Guarantee-based program. Guarantees are not covered under title VI of
the Civil Rights Act of 1964, section 504 of the Rehabilitation Act of
1973, and title IX of the Education Amendments Act of 1972, as amended,
when the Federal assistance does not include insurance or interest
credit loans. Lenders must comply with other applicable Federal laws,
including Equal Employment Opportunities, the Equal Credit Opportunity
Act, the Fair
[[Page 104976]]
Housing Act, and the Civil Rights Act of 1964. Guaranteed loans that
involve the construction of or addition to facilities must comply with
the Architectural Barriers Act Accessibility Standard. The borrower and
lender are responsible for ensuring compliance with these requirements.
5. Equal Opportunity for Religious Organizations.
(a) Faith-based organizations may apply for this award on the same
basis as any other organization, as set forth at, and subject to the
protections and requirements of, this part and any applicable
constitutional and statutory requirements, including 42 U.S.C. 2000bb
et seq. USDA will not, in the selection of recipients, discriminate for
or against an organization on the basis of the organization's religious
character, motives, or affiliation, or lack thereof, or on the basis of
conduct that would not be considered grounds to favor or disfavor a
similarly situated secular organization.
(b) A faith-based organization that participates in this program
will retain its independence from the Government and may continue to
carry out its mission consistent with religious freedom and conscience
protections in Federal law. Religious accommodations may also be sought
under many of these religious freedom and conscience protection laws.
(c) A faith-based organization may not use direct Federal financial
assistance from USDA to support or engage in any explicitly religious
activities except when consistent with the Establishment Clause of the
First Amendment and any other applicable requirements. An organization
receiving Federal financial assistance also may not, in providing
services funded by USDA, or in their outreach activities related to
such services, discriminate against a program beneficiary or
prospective program beneficiary on the basis of religion, a religious
belief, a refusal to hold a religious belief, or a refusal to attend or
participate in a religious practice.
6. Nondiscrimination Statement. In accordance with Federal civil
rights laws and U.S. Department of Agriculture (USDA) civil rights
regulations and policies, the USDA, its Mission Areas, agencies, staff
offices, employees, and institutions participating in or administering
USDA programs are prohibited from discriminating based on race, color,
national origin, religion, sex, gender identity (including gender
expression), sexual orientation, disability, age, marital status,
family/parental status, income derived from a public assistance
program, political beliefs, or reprisal or retaliation for prior civil
rights activity, in any program or activity conducted or funded by USDA
(not all bases apply to all programs). Remedies and complaint filing
deadlines vary by program or incident.
Program information may be made available in languages other than
English. Persons with disabilities who require alternative means of
communication to obtain program information (e.g., Braille, large
print, audiotape, American Sign Language) should contact the
responsible Mission Area, agency, or staff office; or the 711 Relay
Service.
To file a program discrimination complaint, a complainant should
complete a Form AD-3027, USDA Program Discrimination Complaint Form,
which can be obtained online at www.usda.gov/sites/default/files/documents/ad-3027.pdf from any USDA office, by calling (866) 632-9992,
or by writing a letter addressed to USDA. The letter must contain the
complainant's name, address, telephone number, and a written
description of the alleged discriminatory action in sufficient detail
to inform the Assistant Secretary for Civil Rights (ASCR) about the
nature and date of an alleged civil rights violation. The completed AD-
3027 form or letter must be submitted to USDA by:
(1) Mail: U.S. Department of Agriculture, Office of the Assistant
Secretary for Civil Rights, 1400 Independence Avenue SW, Washington, DC
20250-9410; or
(2) Fax: (833) 256-1665 or (202) 690-7442; or
(3) Email: [email protected].
USDA is an equal opportunity provider, employer, and lender.
Kathryn E. Dirksen Londrigan,
Rural Business-Cooperative Service, USDA Rural Development.
[FR Doc. 2024-30651 Filed 12-23-24; 8:45 am]
BILLING CODE 3410-15-P