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<REGINFO_RIN_DATA xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" RUN_DATE="2026-06-09-04:00" xsi:noNamespaceSchemaLocation="https://www.reginfo.gov/public/xml/REGINFO_XML_Ver10262011.xsd">
    <RIN_INFO>
        <RIN>0575-AC81</RIN>
        <PUBLICATION>
            <PUBLICATION_ID>200910</PUBLICATION_ID>
            <PUBLICATION_TITLE>The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions</PUBLICATION_TITLE>
        </PUBLICATION>
        <AGENCY>
            <CODE>0575</CODE>
            <NAME>Rural Housing Service</NAME>
            <ACRONYM>RHS</ACRONYM>
        </AGENCY>
        <PARENT_AGENCY>
            <CODE>0500</CODE>
            <NAME>Department of Agriculture</NAME>
            <ACRONYM>USDA</ACRONYM>
        </PARENT_AGENCY>
        <RULE_TITLE>Recapture of Total Subsidy</RULE_TITLE>
        <ABSTRACT><![CDATA[Recovery of some or the entire payment subsidy provided to direct single family housing borrowers or "recapture" is provided for by statute in 42 U.S.C. 1490a (a)(l)(D). The statute gives the Secretary broad discretion in the determining the amount of the subsidy recapture.
 
Borrowers with loans approved or assumed on or after October 1, 1979, are required to repay subsidy amounts received through payment subsidy or deferred mortgage assistance.  Amounts to be recaptured are due and payable when the borrower transfers title or ceases to occupy the property.

The Agency proposes to revise 7 CFR 3550.162 by reinstating language that allows for full repayment of the entire subsidy in the event of foreclosure or voluntary conveyance as was originally provided for in the first recapture regulation promulgated on October 1, 1979.  This language was inadvertently omitted when regulations were revised on November 22, 1996.]]></ABSTRACT>
        <PRIORITY_CATEGORY>Substantive, Nonsignificant</PRIORITY_CATEGORY>
        <RIN_STATUS>First Time Published in The Unified Agenda</RIN_STATUS>
        <RULE_STAGE>Proposed Rule Stage</RULE_STAGE>
        <MAJOR>No</MAJOR>
        <UNFUNDED_MANDATE_LIST>
            <UNFUNDED_MANDATE>No</UNFUNDED_MANDATE>
        </UNFUNDED_MANDATE_LIST>
        <CFR_LIST>
            <CFR>7 CFR 3550</CFR>
        </CFR_LIST>
        <LEGAL_AUTHORITY_LIST>
            <LEGAL_AUTHORITY>5 USC 301</LEGAL_AUTHORITY>
            <LEGAL_AUTHORITY>42 USC 1480</LEGAL_AUTHORITY>
        </LEGAL_AUTHORITY_LIST>
        <LEGAL_DLINE_LIST/>
        <RPLAN_ENTRY>No</RPLAN_ENTRY>
        <TIMETABLE_LIST>
            <TIMETABLE>
                <TTBL_ACTION>NPRM</TTBL_ACTION>
                <TTBL_DATE>02/00/2010</TTBL_DATE>
            </TIMETABLE>
            <TIMETABLE>
                <TTBL_ACTION>NPRM Comment Period End</TTBL_ACTION>
                <TTBL_DATE>04/00/2010</TTBL_DATE>
            </TIMETABLE>
        </TIMETABLE_LIST>
        <RFA_REQUIRED>No</RFA_REQUIRED>
        <SMALL_ENTITY_LIST>
            <SMALL_ENTITY>No</SMALL_ENTITY>
        </SMALL_ENTITY_LIST>
        <GOVT_LEVEL_LIST>
            <GOVT_LEVEL>None</GOVT_LEVEL>
        </GOVT_LEVEL_LIST>
        <FEDERALISM>No</FEDERALISM>
        <ENERGY_AFFECTED>No</ENERGY_AFFECTED>
        <PRINT_PAPER>No</PRINT_PAPER>
        <INTERNATIONAL_INTEREST>No</INTERNATIONAL_INTEREST>
        <AGENCY_CONTACT_LIST>
            <CONTACT>
                <FIRST_NAME>Janet</FIRST_NAME>
                <LAST_NAME>Carter</LAST_NAME>
                <TITLE>Senior Loan Specialist</TITLE>
                <AGENCY>
                    <CODE>0575</CODE>
                    <NAME>Rural Housing Service</NAME>
                    <ACRONYM>RHS</ACRONYM>
                </AGENCY>
                <PHONE>202 720-1489</PHONE>
                <FAX>202 690-2232</FAX>
                <EMAIL>janet.carter@wdc.usda.gov</EMAIL>
                <MAILING_ADDRESS>
                    <STREET_ADDRESS>STOP 0783, 1400 Independence Avenue SW,</STREET_ADDRESS>
                    <CITY>Washington</CITY>
                    <STATE>DC</STATE>
                    <ZIP>20250-0783</ZIP>
                </MAILING_ADDRESS>
            </CONTACT>
        </AGENCY_CONTACT_LIST>
    </RIN_INFO>
</REGINFO_RIN_DATA>
