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USDA/RHS RIN: 0575-AD22 Publication ID: Spring 2022 
Title: Single Family Housing Guaranteed Loan Program Lender Participation and Financial Requirements, Home Buyer Education, Delinquent Child Support and Builder Requirements 
Abstract:

The Rural Housing Service (RHS) published a proposed rule on June 9, 2021 [86 FR 30555] to amend the current regulations for the Single-Family Housing Guaranteed Loan Program (SFHGLP) regulations found in 7 CFR part 3555. A 60-day public comment period was provided in the proposed rule, which closed on August 9, 2021, and comments were received and are under consideration by Agency.  RHS intends to follow the proposed rule with a final rule that is expected to revise policy and procedures to strengthen oversight and management of the growing Single Family Housing Guaranteed Loan Programs (SFHGLP) portfolio. The Agency's intent is to be consistent with the Office and Management and Budget (OMB) standards for managing credit programs and better align written policies and best practices with those of similar Federal mortgage loan programs.

 

 

 
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 3555   
Legal Authority: 5 U.S.C. 301    42 U.S.C. 1471 et seq.   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Proposed Rule  06/09/2021  86 FR 30555   
NPRM Comment Period End  08/09/2021 
Final Rule  06/00/2022 
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:
Ana Placencia
Acting Deputy Director
Department of Agriculture
Rural Housing Service
1400 Independence Avenue SW,
Washington, DC 20250
Phone:254 721-0770
Email: ana.placencia@usda.gov