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USDA/FSA RIN: 0560-AI61 Publication ID: Fall 2023 
Title: Enhancing Program Access and Delivery for Farm Loans 

The final rule would amend loan making and servicing to improve program delivery of Farm Loan Programs. These program improvements are based on feedback from program participants, lending partners, cooperators, and stakeholders and align with administration priorities to enhance customer service and build confidence in federal programs.  The rule addresses key barriers to program access related to applicant farm experience and loan collateral requirements. Additionally, this rule provides for the development of farm operating plans and repayment terms that emphasize the accumulation of working capital reserves and savings necessary to ensure farm resiliency and promote operational growth. This rule also strengthens servicing options available for financially distressed customers and those affected by natural disasters by reducing barriers and expanding access to installment set-aside programs.  (NOTE:  The rulemaking initiative was formerly titled:  Streamline and Consolidate Value-Added Oversight of Farm 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 765    7 CFR 766   
Legal Authority: Pub. L. 115-334    7 U.S.C. 5101(c)   
Legal Deadline:  None
Action Date FR Cite
Final Action  12/00/2023 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Deirdre Holder
Branch Chief, Regulatory Analysis and PRA Requirements Branch
Department of Agriculture
Farm Production and Conservation Business Center, 1400 Independence Avenue SW,
Washington, DC 20250-0572
Phone:202 205-5851