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USDA/FSA RIN: 0560-AI04 Publication ID: Spring 2011 
Title: Conservation Loan Guarantee Program 
Abstract: The rule will implement the provisions of the 2008 Farm Bill that affect Farm Loan Programs (FLP) Loan Making Division (LMD); there is discretion in how several of the provisions are implemented. The section being implemented is 5002, Conservation Loan and Loan Guarantee. Implementation of this provision will create a new direct and guaranteed loan program directed at assisting farmers in implementing conservation practices. The rule establishes a new loan and loan guarantee program to finance qualifying conservation projects. All guarantees will be at 75 percent of the loan amount. The applicant must have an acceptable conservation plan that includes the project(s) to be financed. Preference is given to beginning farmer and socially disadvantaged applicants, conversion to sustainable or organic production practices, and compliance with highly erodible land conservation requirements. Eligibility for the program is not restricted to those who cannot get credit elsewhere. The program is not mandatory. 
Agency: Department of Agriculture(USDA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 762 
Legal Authority: PL 110-246 
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Rule  09/03/2010  75 FR 54005 
Interim Rule Comment Period End  11/02/2010   
Final Rule  08/00/2011   
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
Deirdre Holder
Director, Regulatory Review Group
Department of Agriculture
Farm Service Agency
1400 Independence Avenue SW.,
Washington, DC 20250-0572
Phone:202 205-5851
Fax:202 720-5233
Email: deirdre.holder@wdc.usda.gov

 
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