Rural Housing Service June 2012 – Federal Register Recent Federal Regulation Documents

Notice for Request To Reinstate Previously Approved Information Collection
Document Number: 2012-15580
Type: Notice
Date: 2012-06-26
Agency: Department of Agriculture, Rural Housing Service
In accordance with the Paperwork Reduction Act of 1995, this notice announces the Rural Housing Service's (RHS) intent to reinstate a previously approved information collection in support of the Single Family Housing Guaranteed Loan Program.
Community Programs Guaranteed Loans
Document Number: 2012-15579
Type: Proposed Rule
Date: 2012-06-26
Agency: Department of Agriculture, Rural Housing Service
The Rural Housing Service (RHS) proposes to amend the regulations utilized to service the Community Facilities Guaranteed Loan Program by amending the regulation in two separate sections, in order to clarify the types of projects that are eligible for a Community Facilities Guaranteed Loan. The intended effect of this action is to strengthen the Community Facilities Guaranteed Loan Program by limiting the risk to the guaranteed loan portfolio. RHS is seeking to prohibit the financing of facilities in which the operation of such facilities have not been supported by the community and have resulted in significant default and loan losses to the agency.
Notice of Request for Extension of a Currently Approved Information Collection
Document Number: 2012-14910
Type: Notice
Date: 2012-06-19
Agency: Department of Agriculture, Rural Housing Service
In accordance with the Paperwork Reduction Act of 1995, this notice announces the Rural Housing Service's intention to request an extension for a currently approved information collection in support of the Single Family Housing Direct Loans and Grants programs. The collection involves the use of Form RD 410-8, ``Applicant Reference Letter.'' The Form will be used to obtain information about an applicant's credit history that might not appear on a credit report and to provide clarification on the promptness of applicant's payments on debts, which enables Rural Housing Service to make better creditworthiness decisions.