FORM RD 2006-46 (Rev. 01-98)

U.S. DEPARTMENT OF AGRICULTURE                                                  MANUAL    ISSUE No.

RURAL DEVELOPMENT                                                                 WSAL       SPECIAL

Washington, D.C  20250                                                           DATE

                                                                                    February 7, 2013

PROCEDURE NOTICE

NOTICE

  INSERT RD INS 1980-D
    (WSAL)

    GUARANTEED SINGLE FAMILY HOUSING LOANS. Exhibit C is completely revised to update the Low and Moderate Income Limits for
    the Guaranteed Rural Housing (GRH) programs.

    The effective date of these income limits is February 7, 2013.

    REMOVE                                INSERT
    Appendix 9.                           Appendix 9 revised 02-07-13.


 

INSERT RD HB-1-3550
(WSAL)

DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS FIELD OFFICE HANDBOOK.  Appendix 9 is completely revised to update the income limits for the Section 502 Direct and Section 504 Loan/Grant programs.

The effective date for use of the Appendix is February 7, 2013.

REMOVE                                INSERT
Appendix 9.                           Appendix 9 revised 02-07-13.

RD MANUAL CHANGES

INSERT RD INS 440.1
(WSAL)

INTEREST RATES, AMORTIZATION, GUARANTEE FEE, ANNUAL CHARGE, AND FIXED PERIOD.  Exhibit B is partially revised to update the Treasury Judgment rate and various program rates, effective December 1, 2012.

Exhibit K is partially revised to update the guarantee fee for the refinance of existing section 502 Guaranteed loan or Direct loan transactions.  The annual fee for all section 502 Guaranteed loan transactions is updated to reflect the most current rate, effective 10/01/2012.

REMOVE                                INSERT
Exhibit B:  Pages 1 & 2 (Rev 48),     Exhibit B:  Pages 1 & 2 (Rev 49)
and Exhibit K.                        and Exhibit K revised 02-07-13.

RD HANDBOOK CHANGES

INSERT RD HB-1-3560
(WSAL)

MFH LOAN ORIGINATION HANDBOOK.  Chapter 4 is partially revised.  Specific revisions include:

Chapter 4:

All USDA Multi-Family Housing properties with 50 or more units must comply with the HUD’s Multifamily Accelerated Processing (MAP) guidelines when preparing a “Market Study.”  All properties with less than 50 units will comply with the current regulations as established and further defined in the Handbooks.

REMOVE                                INSERT
Chapter 4 dated 02-24-05:             Chapter 4 dated 02-24-05:
  Pages 37 & 38.                        Pages 37 & 38 revised 02-07-13.

RD HANDBOOK CHANGES

INSERT RD HB-2-3560
(WSAL)

DLOS CENTRALIZED SERVICE CENTER.  Attachment 6 is partially revised.  Specific revisions include:

Chapter 6:

Annual Income Includes, But Is Not Limit To:

Paragraph (b)(6), remove existing language and replace with “Welfare assistance received by the family.”

Paragraph (b)(9), remove in its entirety.

Annual Income Does Not Include The Following:

Paragraph (c)(6), replace (b)(9) with (c)(16)(viii) and to add statement, “…which applies only to Section 515 with project based Section 8 program.”

Paragraph (c)(8)(iv), remove statement “…and servicing as a member of the PHA’s government board.”

Paragraph (c)(16), add statement, “The following is a list of income sources that qualify for exclusion.”

Paragraph (c)(16), Add the, Federally Mandated Exclusions from Income published in the Federal Register on July 24, 2012, as I through xxii.

REMOVE                                INSERT
Chapter 6 dated 02-24-05:             Chapter 6 dated 02-24-05:
  Attachment 6-A:  Pages 1 thru 4.      Attachment 6-A revised 02-07-13.

FORM

  REPLACEMENT

RD 1980-21
(WSAL)

REQUEST FOR SINGLE FAMILY HOUSING LOAN GUARANTEE revised 02-12.  Prescribed in RD Instruction 1980-D.  The Form and FMI are revised to remove the Debt Improvement Collection Act language.”  Supplies dated prior to the revision date will be disposed of or recycled.  This Form and FMI are available on the Rural Development Instructions home page (http://www.rurdev.usda.gov/regs/).  No paper copy distribution of this form will be made, and it will not be stocked in the warehouse.

REMOVE                              INSERT
FMI dated 02-23-12.                 FMI revised 02-07-13.

FORM MANUAL CHANGES

INSERT RD FORM LETTERS
(WSAL)

The following Form Letters are revised to replace reference of “Federal Claims Collection Standards, 4 CFR 101-105” to “Federal Claims Collection Standards 31, CFR 900-904” and to add a reference “31 CFR part 285.”

A paragraph has been add to both Form Letter regarding “Department of Justice Attorney Fees.”

FORM LETTER     TITLE                                        REMOVE                   INSERT

1951-C-1        Administrative Offset Notice                 Form Letter 10-20-11      Form Letter 02-07-13.

1951-C-2        Notice of Debtor that Administrative         Form Letter 10-20-11      Form Letter 02-07-13.                     

                  Offset has been Exercised and Intent

                  to Collect by Administrative Offset

 oOo