rural-development · Rural Utilities Service · Rule · Published 2008-12-17 · Effective 2009-01-16 · 73 FR 76698
Document
Document number
E8-29151
Federal Register citation
73 FR 76698
CFR reference
7 CFR 1779
Type
Rule
Action
Interim rule with request for comments.
Category
rural-development
Sub-agency
Rural Utilities Service
Publication date
2008-12-17
Effective date
2009-01-16
Abstract
This interim rule establishes a unified guaranteed loan platform for the enhanced delivery of four existing Rural Development guaranteed loan programs--Community Facility; Water and Waste Disposal; Business and Industry; and Renewable Energy Systems and Energy Efficiency Improvement Projects. This interim rule eliminates the existing loan guarantee regulations for these four programs and consolidates them under a new, single part. In addition to consolidating these four programs, this interim rule incorporates provisions that will enable the Agency to better manage the risk associated with making and servicing guaranteed loans and that will reduce the cost of operating the guaranteed loan programs.