Rural Housing Service June 2014 – Federal Register Recent Federal Regulation Documents

Notice of Request for Revision of a Currently Approved Information Collection
Document Number: 2014-15125
Type: Notice
Date: 2014-06-27
Agency: Department of Agriculture, Rural Business-Cooperative Service, Rural Housing Service, Rural Utilities Service
In accordance with the Paperwork Reduction Act of 1995, this notice announces Rural Development's intention to request a revision for a currently approved information collection in support of loan programs administered by the Rural Housing Service, Business Cooperative Service, and Rural Utilities Service.
Notice of Funds Availability for Section 533 Housing Preservation Grants for Fiscal Year 2014
Document Number: 2014-13631
Type: Notice
Date: 2014-06-11
Agency: Department of Agriculture, Rural Housing Service
This Notice announces that the Rural Housing Service (``RHS'') is soliciting competitive applications under its Housing Preservation Grant (HPG) program pursuant to 7 CFR part 1944, subpart N, for Fiscal Year (FY) 2014. The Consolidated Appropriations Act of 2014, Public Law 113-76 (January 17, 2014) appropriated funding in FY 2014 for grants made by RHS for low- and very low-income housing repair and rural housing preservation, as authorized by 42 U.S.C. 1474, and 1490m. The commitment of program dollars will be made in the order qualified applications are ranked under this notice.
Intermediary Relending Program
Document Number: 2014-12633
Type: Rule
Date: 2014-06-03
Agency: Department of Agriculture, Farm Service Agency, Rural Business-Cooperative Service, Rural Housing Service, Rural Utilities Service
The Rural Business-Cooperative Service (RBS) amends its regulations for the Intermediary Relending Program (IRP). This action is critical to immediately address three major items. First, the Agricultural Act of 2014 incorporates the IRP into the Consolidated Farm and Rural Development Act (Con Act). Therefore the IRP will now be subject to the Con Act, Section 343(a)(13) ``rural and rural area'' definition. Second, the Agency is making the following changes based on an Office of Inspector General (OIG) audit: Removing part of the definition of revolved funds to eliminate public confusion on its applicability; providing stronger guidance on items that should be taken into consideration when approving subsequent loans; defining what is meant by promptly relending collections from loans made from the revolving loan fund account; and providing clarification when prior Agency concurrence is needed to make loans. Finally, the Agency is removing provisions for Rural Development Loan Fund (RDLF) servicing as there are no longer any active RDLF accounts.
Intermediary Relending Program
Document Number: 2014-12632
Type: Proposed Rule
Date: 2014-06-03
Agency: Department of Agriculture, Farm Service Agency, Rural Business-Cooperative Service, Rural Housing Service, Rural Utilities Service
The Rural Business-Cooperative Service (RBS) proposes to amend its regulations for the Intermediary Relending Program (IRP). This action is needed to address several items based on an Office of Inspector General (OIG) audit: Removing part of the definition of revolved funds to eliminate public confusion on its applicability; providing stronger guidance on items that should be taken into consideration when approving subsequent loans; defining what is meant by promptly relending collections from loans made from the revolving loan fund account; and providing clarification when prior Agency concurrence is needed to make loans. Finally, the Agency is removing provisions for Rural Development Loan Fund (RDLF) servicing as there are no longer any active RDLF.