rural-development · Rural Housing Service · Rule · Published 2007-12-27 · 72 FR 73252
Document
Document number
E7-25107
Federal Register citation
72 FR 73252
CFR reference
7 CFR 3550
Type
Rule
Action
Final rule.
Category
rural-development
Sub-agency
Rural Housing Service
Publication date
2007-12-27
Abstract
This Final Rule implements a change in the regulations for the Rural Housing Service (RHS) 502 Direct Single Family Housing Loans by amending the formula that calculates payment assistance for which a borrower qualifies. This action is being taken to improve the distribution of program benefits, simplify the application process and improve customer service. This Final Rule follows the publication of the Proposed Rule on February 17, 2006, and takes into consideration the public comments received in response to the Proposed Rule.