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USDA/RUS RIN: 0572-AC43 Publication ID: Spring 2020 
Title: OneRD Guaranteed Loan Regulation 

Rural Development will combine into a single regulation, called OneRD, its four guaranteed loan programs: 1) Water and Waste Disposal, 2) Community Facilities, 3) Business and Industry, and 4) Rural Energy for America. The new regulation will encompass the policies and procedures for guaranteed loan making and servicing, lender reporting, and program monitoring. This action will enable Rural Development to simplify, improve, and enhance the delivery of these four guaranteed loan programs and better manage the risks inherent with making and servicing guaranteed loans, and will result in an improved customer experience for lenders trying to access these programs. This new structure will also make it more efficient and faster to promulgate regulations associated with amending existing programs or incorporating newly authorized programs in the future.

Through this regulation, Rural Development will include statutory changes to implement sections 6103, 6402, 6418, 9001 and 9007 of the Agriculture Improvement Act of 2018 (2018 Farm Bill).

  • Section 6103 provides for refinancing of a debt obligation of a rural hospital as an eligible loan purpose for guarantees.

  • Section 6402 expands the population cap for guaranteed lending for the Water and Waste program and the Community Facilities program to 50,000.

  • Section 6418 provides that Rural Development may charge and collect fees in such amounts as to bring down the costs of subsidies of a guaranteed loan.

  • Section 9001 amends the definition of "renewable energy system" to include other components and ancillary infrastructure of a system, such as a storage system.

  • Section 9007 allows loan guarantees for the purchase and installation of energy efficient equipment or systems for agricultural production or processing for agricultural producers only.


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 
EO 13771 Designation: Deregulatory 
CFR Citation: 7 CFR 5001   
Legal Authority: 5 U.S.C. 301    7 U.S.C. 1926(a)    7 U.S.C. 1932(a)    7 U.S.C. 8107   
Legal Deadline:  None
Action Date FR Cite
Final Rule  06/00/2020 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: Yes 
RIN Data Printed in the FR: No 
Related Agencies: Joint: USDA/RHS, USDA/RBS; 
Agency Contact:
Thomas P. Dickson
Department of Agriculture
1400 Independence Avenue SW,
Washington, DC 20250
Phone:202 690-4492