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USDA/RHS

RIN: 0575-AC71

Publication ID: Fall 2008

Title: Section 538 Guaranteed Rural Rental Housing Program--Elimination of the Notice of Funding Availability (NOFA) Requirement
Abstract: Rural Development proposes to revise section 3565.3 Definitions and section 3565.4 Availability of assistance of regulation 7 CFR 3565 regarding the Notice of Funding Availability (NOFA). The purpose of this revision is to allow the Agency to accept and start processing applications without the yearly contingency of the publication of the NOFA. This revision is needed to streamline application processing. The objective of this revision is to provide the program with sufficient time to process all applications to prevent the loss of other sources of financing that may be leveraged for the development of section 538 properties.
Agency: Department of Agriculture(USDA)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: Undetermined	Unfunded Mandates: Undetermined
CFR Citation: 7 CFR 3565
Legal Authority: 5 USC 301 7 USC 1989 42 USC 1480

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	12/00/2008
NPRM Comment Period End	02/00/2009

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: Undetermined
Federalism: Undetermined
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Tammy Daniels Finance and Loan Analyst Department of Agriculture Rural Housing Service STOP 0781, 1400 Independence Avenue SW, Washington, DC 20250 Phone:202 720-0021 Email: tammy.daniels@wdc.usda.gov