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USDA/RUS RIN: 0572-AB99 Publication ID: Fall 2008 
Title: Lien Accommodations and Subordinations for 100 Percent Private Financing 
Abstract: 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 and/or the Agency, proposes to amend its regulations on lien accommodations and subordinations. The rule would propose to remove the procedures where, case-by-case, the Agency approval of the issuance of additional secured debt is required and establish those procedures: Eligible financing purposes, decision factors for granting lien accommodations, application content and timeframe, in an agency guide bulletin. The rule would focus on lien accommodation policies and establish a more user-friendly regulation for lien accommodation and subordination for 100 percent private financing. The Agency proposes this clarification and update to the existing lien accommodation and subordination regulations in its ongoing effort to maintain current program rules. 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 7 CFR 1717-R     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 7 USC 901 et seq    7 USC 1921 et seq    7 USC 6941 et seq   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Begin Review  01/00/2009    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Michele L. Brooks
Director, Regulations Management Team, RD Innovation Center
Department of Agriculture
Rural Utilities Service
Room 5159 South Building, STOP 1522, 1400 Independence Avenue SW,
Washington, DC 20250
Phone:202 690-1078
Email: michele.brooks@wdc.usda.gov