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USDA/RHS RIN: 0575-AC87 Publication ID: Spring 2011 
Title: ●Servicing Community Programs Loans and Grants 
Abstract: The Agency will consolidate the applicable portions of the seven regulations used to service Community Facilities direct loans and grants into one, streamlined regulation. The consolidation will improve the Agency's ability to service its portfolio and will ensure that the Government's investment is protected and maximized. The proposed action will have no financial impact on the public or the Agency and will be in the best interest of the Government and the public. The consolidation and update will provide an improved basis for servicing Community Facilities direct loans by providing servicing options that will enable facilities to recover from delinquent situations and continue operating and providing essential services to the public. The Agency also expects this action to reduce the use of program loan cost expense funds to maintain inventory properties. Streamlining seven regulations into one regulation will provide a user-friendly document that will reduce the time burden on Agency staff as well as provide an easy-to-understand reference for the public. 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 1951; 7 CFR 1955; 7 CFR 1956 
Legal Authority: 5 USC 301; 7 USC 1989; 42 USC 1480 
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/00/2011   
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:
Beth Jones
Loan Specialist, Community Programs Division
Department of Agriculture
Rural Housing Service
Room 0183/Stop 0787, STOP 0787, 1400 Independence Avenue SW,
Washington, DC 20250-0787
Phone:202 720-1498
Fax:202 690-0471
Email: beth.jones@wdc.usda.gov

 
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