FORM RD 2006-46 (Rev. 01-98)
U.S. DEPARTMENT OF AGRICULTURE MANUAL ISSUE No.
RURAL DEVELOPMENT WSAL PN 479
Washington, D.C 20250 DATE
October 16, 2015
RD MANUAL CHANGES
INSERT RD INS 440.1
INTEREST RATES, AMORTIZATION, GUARANTEE FEE, ANNUAL CHARGE, AND FIXED PERIOD. This Instruction is partially revised as follows:
Exhibit B, to update various program rates and the Treasury Judgement Rate effective March 1, 2015.
Exhibit B: Pages 1 & 2 (Rev 72), Exhibit B: Pages 1 & 2 (Rev 73).
INSERT RD INS 1901-A
LOAN AND GRANT APPROVAL AUTHORITIES. Exhibit B is partially revised to increase the loan approval authority for State Directors under the Community Facilities Programs from $3 million to $5 million. This revision will enhance the Agency's ability to deliver CF Loan programs from state offices due to the increase in cost of developing essential community facilities projects in rural areas.
Exhibit B: Pages 1 & 2. Exhibit B: Pages 1 & 2 (Rev 1).
RD INS 2000-KK
Agreement between Federal Deposit Insurance and Rural Development. This Instruction is partially revised to extend the Interagency Agreement (IAA) executed on January 12, 2011, between the Federal Deposit Insurance Corporation (FDIC) and the U.S. Department of Agriculture (USDA). The term of the IAA was for three years. The addition will extend the termination date until January 12, 2017.
Exhibit A: Page 3 added 10-16-15.
RD HANDBOOK CHANGES
INSERT RD HB *
In the following Handbooks, Appendix 6 is partially revised to include the March 1, 2015, interest rate for the Above-Moderate Single Family Housing non-program loans.
* Number Title
HB-1-3550 DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS FIELD
HB-2-3550 DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS
CENTRALIZED SERVICING CENTER HANDBOOK.
Appendix 6: Pages 3 & 4. Appendix 6: Pages 3 & 4 revised 10-16-15.
Direct Single Family Housing Loans and Grants- Centralized Servicing Center Handbook. This Handbook is partially revised. Specific revisions include:
Chapter 2, paragraphs 2.1, 2.22, and 2.24 have been revised to be in compliance with Recommendations 11 and 12 of OIG Audit 04601-0001-31 as it relates to revising regulations and guidance as necessary to clarify the occupancy requirement, as it specifically relates to payment subsidy recapture calculation and repayment requirements.
Table of Contents: Table of Contents:
Pages 3 thru 9; and Pages 3 thru 9; and
Chapter 2 dated 05-27-98: Chapter 2 dated 05-27-98:
Pages 2-1 thru 2-4 and Pages 2-1 thru 2-4 and
2-29 thru 2-44. 2-29 thru 2-44 revised 10-16-15.
SPECIAL PROCEDURE NOTICES RELEASED.
SPECIAL PROCEDURE NOTICE dated 08-26-15.
(Re: RD Instruction 440.1, 4279-B & HB-1-3550).
ADMINISTRATIVE NOTICES RELEASED:
(See AN Checklist.)