0575-AD53 202510 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 0575 Rural Housing Service RHS 0500 Department of Agriculture USDA 7 CFR Part 3550 Implementation of Housing Opportunity Through Modernization Act (HOTMA) of Single Family Housing (SFH) Direct Programs

In response to Public Law 114-201 dated July 29, 2016 (HOTMA), and subsequent implementation of Sections 102, 103, and 104 through a final rule published February 14, 2023, the Rural Housing Service (RHS) intends to amend 7 CFR 3550 in order to be compliant with exception of the adoption of 24 CFR 5.611(a)(3) which increases the deduction threshold for medical expenses from annual household income due to the impact on borrowers and applicants. The changes addressed in this request include updates to adjusted income calculations and clarification of items included or excluded in Annual Income and Assets.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage No No Not subject to, not significant 7 CFR Part 3550 42 U.S.C. 1480 No NPRM 07/00/2026 No None No No No Lauren Cusick 0500 Department of Agriculture USDA 202 720-1414 lauren.cusick@usda.gov 1400 Independence Avenue SW, Washington DC 20250