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USDA/RHS

RIN: 0575-AC96

Publication ID: Spring 2014

Title: Rural Development Voucher Program
Abstract: The Rural Development Voucher Program was created as a demonstration program by Congress to offer protection to eligible multifamily housing tenants in properties financed through Rural Development's Section 515 Rural Rental Housing Program who may be subject to economic hardship through prepayment or foreclosure of the Rural Development mortgage. The Housing Act of 1949, as amended by the Consolidated Appropriations Act, 2005 (Pub. L. 108-447) (hereinafter the Act) states: "To such extent or in such amounts as are approved in appropriation Acts, the Secretary shall carry out a rural housing voucher program to assist very low-income families and persons to reside in rental housing in rural areas." The Rural Housing Service (RHS) published a proposed rule August 14, 2013 (78 FR 49374), that would add new permanent regulations to implement this program. This rule, if finalized, will provide procedural guidance for the Rural Development Voucher Program.
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 3560
Legal Authority: 42 USC 1490r PL 108-447, sec 542

Legal Deadline: None

Timetable:

Action	Date	FR Cite
Proposed Rule	08/14/2013	78 FR 49374
Final Action	10/00/2014

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: Stephanie White Multi-Family Housing Direct Loans Department of Agriculture Rural Housing Service STOP 0781, 1400 Independence Avenue SW., Washington, DC 20250 Phone:202 720-1615 Fax:202 690-3444 Email: stephanie.white@wdc.usda.gov