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USDA/RHS | RIN: 0575-AC79 | Publication ID: Fall 2009 |
Title: Direct Single Family Loans and Grants--Repayment Ability | |
Abstract: The Agency proposes to revise 7 CFR part 3550 by removing the requirement that a budget be completed as a determination of repayment ability. However, this change will not remove the requirement that applicants show repayment ability for a loan, but by removing the requirement that a budget be used, it will give the Agency greater flexibility such as the ability to utilize repayment ratios. | |
Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 3550 | |
Legal Authority: 5 USC 301 42 USC 1480 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Carolyn Bell Single-Family Housing Direct Loan Division Department of Agriculture Rural Housing Service Stop 0783, STOP 0783, 1400 Independence Avenue SW, Washington, DC 20250-0783 Phone:202 720-1532 Fax:202 720-2232 Email: carolyn.bell@wdc.usda.gov |