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USDA/RHS | RIN: 0575-AC73 | Publication ID: Fall 2008 |
Title: Income Limit Modifications--Single-Family Housing Direct and Guaranteed Loan Program | |
Abstract: Throughout the Nation, the median income limits in their current structure are not keeping pace with the rising prices of median home prices. In addition, present multiple income limits (1-8 households) are cumbersome and the consolidation would simplify program regulations for our lending partners, simplify the qualification process, and allow the agency to serve applicants that are more eligible. | |
Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 1980, subpart D (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 7 USC 1989 |
Legal Deadline:
None |
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Timetable:
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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: Joaquin Tremols Director, SFH Department of Agriculture Rural Housing Service 1400 Independence Avenue SW, Washington, DC 20250 Phone:202 720-1465 Email: joaquin.tremols@wdc.usda.gov |