Rural Housing Service January 29, 2010 – Federal Register Recent Federal Regulation Documents

Continuous Construction-Permanent Loan Guarantees Under the Section 538 Guaranteed Rural Rental Housing Program
Document Number: 2010-1792
Type: Proposed Rule
Date: 2010-01-29
Agency: Department of Agriculture, Rural Housing Service
The Rural Housing Service (an agency within the Rural Development mission area) is proposing an additional form of guarantee under the Guaranteed Rural Rental Housing Program regulation. This action is taken to enhance efficiency, flexibility, and effectiveness in managing the program. The Agency currently offers a guarantee on a permanent loan only and a guarantee on construction advances and the permanent financing phase of a project. In addition to the proposed form of guarantee, the Agency will continue to offer the two types of guarantees currently provided.
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