Rural Development Guaranteed Loans

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Agriculture Rural Utilities Service Rural Housing Service Rural Business-Cooperative Service Rural Utilities Service Rural Business-Cooperative Service Rural Housing Service Rural Utilities Service 7 CFR Part 1779 7 CFR Part 3575 7 CFR Parts 4279 and 4280 7 CFR Part 5001 RIN 0570-AA65 AGENCIES: Rural Business-Cooperative Service, Rural Housing Service, Rural Utilities Service, USDA. ACTION: Interim rule with request for comments. SUMMARY: 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. DATES: This interim rule is effective January 16, 2009. Comments must be received on or before February 17, 2009. ADDRESSES: You may submit comments to this rule by any of the following methods: Federal eRulemaking Portal: http://www.regulations.gov . Follow the instructions for submitting comments. Mail: Submit written comments…