Rural Utilities Service May 2007 – Federal Register Recent Federal Regulation Documents
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Rural Economic Development Loan and Grant Programs
This action modifies the regulations for the Rural Economic Development Loan and Grant Programs. This revised regulation is written in a format that is simpler in design and should improve ease of use by the public and program beneficiaries.
Announcement of Grant and Loan Application Deadlines and Funding Levels
The Rural Utilities Service, an agency which administers USDA Rural Development Utilities Programs (USDA Rural Development or the ``Agency'') announces the Fiscal Year (FY) funding levels available for its Revolving Fund Program (RFP) grant. In addition, USDA Rural Development announces the maximum amounts for RFP grants applicable for the fiscal year 2007 and the solicitation of applications.
Highwood Generating Station Environmental Impact Statement (EIS)
In accordance with the Rural Electrification Act of 1936, the National Environmental Policy Act of 1969 (NEPA), and the Montana Environmental Policy Act, the Rural Utilities Service (RUS), an Agency delivering the United States Department of Agriculture's (USDA) Rural Development Utilities Programs, hereinafter referred to as Rural Development and/or Agency, and the Montana Department of Environmental Quality (DEQ) announce the availability of the ROD for the EIS for the Highwood Generating Station (HGS), proposed to be located near Great Falls, Montana. The Administrator, Utilities Programs, USDA Rural Development, and the Director, DEQ, have signed the ROD, which is effective upon signing.
The Rural Housing Service (Agency) is proposing to amend its regulations to be consistent with other federal agencies. The current thermal standards for existing single family housing can impose an unnecessary financial burden on the borrower. Removing the thermal standards for existing single family housing will provide consistency with HUD existing single family housing thermal standards. This change will not affect the thermal standards for new construction; such requirements are generally prescribed by adopted building and model energy codes. Construction materials and building techniques have improved tremendously during the last thirty years, creating many alternatives to achieve thermally efficient homes. Removing the Agency's imposed thermal standards for existing single family housing will give a borrower the opportunity to allocate money towards other improvements which may result in higher cost savings. The rule will not result in any increase in costs or prices to consumers; non-profit organizations; businesses; Federal, State, or local government agencies; or geographic regions.
Business and Industry Guaranteed Loan Program; Correction
This document contains corrections to the final regulations which were published in the Federal Register on Monday, November 20, 2006 [71 FR 67032] regarding personal and corporate guarantees.
Rural Broadband Access Loans and Loan Guarantees
The Rural Utilities Service, an agency delivering the United States Department of Agriculture's (USDA) Rural Development Utilities Programs, hereinafter referred to as Rural Development, proposes to amend its regulation for the Rural Broadband Access Loan and Loan Guarantee Program (Broadband Loan Program). Since the Broadband Loan Program's inception, the Agency has faced and continues to face significant challenges in administering the program, including the fierce competitive nature of the broadband market, the fact that many companies proposing to offer broadband service are start-up organizations with limited resources, continually evolving technology, and economic factors such as the higher cost of serving rural communities. Because of these challenges, the Agency has been reviewing the characteristics of the Broadband Loan Program and has determined that modifications are required to accelerate the deployment of broadband service to the rural areas of the country. Therefore, this rulemaking proposes to implement changes on the following subject matter: funding in competitive markets and new eligibility requirements; new equity and market survey requirements; and new legal notice requirements to increase transparency.