rural-development · Rural Housing Service · Rule · Published 2012-05-18 · Effective 2012-07-17 · 77 FR 29537
Document
Document number
2012-11961
Federal Register citation
77 FR 29537
CFR reference
7 CFR 1942
Type
Rule
Action
Final rule.
Category
rural-development
Sub-agency
Rural Housing Service
Publication date
2012-05-18
Effective date
2012-07-17
Abstract
The Rural Housing Service (Agency) is amending regulations on Community Facility Loans, to maintain consistency with standard industry contracts and to make minor revisions to streamline processing applications. These revisions are needed to conform to market and industry changes by updating, clarifying, and modifying the regulatory requirements for community facility construction and development. The amendments to the regulation will streamline current processes and provide for faster reviews of alternate construction contract methods (such as Design/Build and Construction Management) by the Agency's National Office.