rural-development · Rural Housing Service · Rule · Published 2008-11-04 · Effective 2009-01-20 · 73 FR 65503
Document
Document number
E8-25849
Federal Register citation
73 FR 65503
CFR reference
7 CFR 1980
Type
Rule
Action
Direct final rule.
Category
rural-development
Sub-agency
Rural Housing Service
Publication date
2008-11-04
Effective date
2009-01-20
Abstract
The Rural Housing Service (RHS) is amending its exiting income limit structure for the Single Family Housing Guaranteed Loan Program (SFHGLP). The effect of this action is to provide more efficient service to lenders, investors and Agency staff by modifying the existing Rural Development eight (8) tiered income structure into a simplified two (2) tiered structure. This modification will simplify program requirements and the qualification process.