FORM RD 2006

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

U.S. DEPARTMENT OF AGRICULTURE MANUAL ISSUE No.

RURAL DEVELOPMENT WSAL SPECIAL

Washington, D.C 20250 DATE

July 1, 2011

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 July 1, 2011.

REMOVE INSERT
Appendix 9. Appendix 9 revised 07-01-11.

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 July 1, 2011.

REMOVE INSERT
Appendix 9. Appendix 9 revised 07-01-11.

RD MANUAL CHANGES

INSERT RD 440.1
(WSAL)

INTEREST RATES, AMORTIZATION, GUARANTEE FEE, ANNUAL CHARGE, AND FIXED PERIOD. Exhibit B is partially revised to update the Treasury Judgement Rate and various program rates, effective June 1, 2011.

REMOVE INSERT
Exhibit B: Pages 1 & 2 (Rev 35). Exhibit B: Pages 1 & 2 (Rev 36).

INSERT RD INS 4280-A
(WSAL)

RURAL ECONOMIC DEVELOPMENT LOAN AND GRANT. This Instruction is partially revised to remove the reference that the Rural Economic Development Loan and Grant program funding will occur on a quarterly basis. The Agency has made a decision that projects will be considerations for funding on a monthly basis until such time as the funds are allocated. Procedures to request funds is addressed in Exhibit A, Attachment 1.

REMOVE INSERT
Pages 29 & 30. Pages 29 & 30 (Rev 1).

INSERT RD INS 4280-B
(WSAL)

RURAL ENERGY FOR AMERICA PROGRAM. This Instruction is completely revised with a new Instruction titled. This will incorporate 2008 Farm Bill changes and other administrative changes on the energy program.

REMOVE                                INSERT
Table of Contents;                    Table of Contents revised;
All Pages; and                        Pages 1 through 109 revised;
Appendix A through C.                 Appendix A through C revised; and
                                      Appendix D through H added 07-01-11.

INSERT RD INS 4288-A
(WSAL)

Repowering Assistance Payments to Eligible Biorefineries. This Instruction is issued to provide financial incentives to eligible biorefineries.

INSERT
Table of Contents; and
Pages 1 through 23.

RD HANDBOOK CHANGES

INSERT RD HB-1-3550
(WSAL)

DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS FIELD OFFICE HANDBOOK. This Handbook is partially revised. Specific revisions include:

Chapter 8:

Paragraph 8.2, to add an insert box requiring loan approval official to ensure data entered into loan origination and servicing systems is accurate and complete. For 502 Direct Loans, loan approval official is instructed to use 502 Direct Loan Data Check Query.

Chapter 8 dated 01-23-03: Chapter 8 dated 01-23-03:
Pages 8-1 through 8-4. Pages 8-1 through 8-4 revised 07-01-11.

INSERT RD HB-1-3565
(WSAL)

GUARANTEED RURAL RENTAL HOUSING PROGRAM ORIGINATION AND SERVICING HANDBOOK. This Handbook is partially revised. Specific revisions include:

Chapter 7:

Attachment 7-A is partially revised to remove obsolete Form 9822 and is replaced by Form RD 3560-11 “Multi-Family Housing Physical Inspection.”

REMOVE                                INSERT
Chapter 7 dated 12-18-98:             Chapter 7 dated 12-18-98:
Attachment 7-A.                     Attachment 7-A revised 07-01-11.

FORM

REPLACEMENT

RD 3565-2
(WSAL)

CONDITIONAL COMMITMENT revised 06-11. Prescribed in RD Handbook HB-1-3565 and 7 CFR part 3565. The Form and FMI are revised in accordance with the final rule dated 01-03-11, for the Section 538 program. This Form stipulates the conditions that the lenders must meet before the Agency provides a guarantee for the loan. 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 02-18-05. FMI revised 07-01-11.

RD 3565-3
(WSAL)

LENDER AGREEMENT revised 06-11. Prescribed in RD Handbook HB-1-3565 and 7 CFR part 3565. The Form and FMI are revised in accordance with the final rule dated 01-03-11, for the Section 538 program. This Form explains the relationship between the Lender and the Agency and the obligations of each party in this Agreement. 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 02-18-05. FMI revised 07-01-11.

RD 3565-4
(WSAL)

LOAN NOTE GUARANTEE revised 06-11. Prescribed in RD Handbook HB-1-3565 and 7 CFR part 3565. The Form and FMI are revised in accordance with regulation changes concerning the guarantee during the construction phase. Changes to the form are necessary to comply with the civil rights regulations. 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 02-18-05. FMI revised 07-01-11.

RD 4288-4
(WSAL)

REPOWING ASSISTANCE PROGRAM APPLICATION dated 05-11. Prescribed in RD Instruction 4288-A. The Form and FMI are used for the purpose of applying for the Repowering Assistance Payment Program. 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.

INSERT
FMI revised 07-01-11.

RD 4288-5
(WSAL)

REPOWERING ASSISTANCE PROGRAM AGREEMENT dated 05-11. Prescribed in RD Instruction 4288-A. The Form and FMI are used to certify and accept the Repowering Assistance Payment Program terms and conditions. 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.

INSERT
FMI revised 07-01-11.

RD 4288-6
(WSAL)

REPOWERING ASSISTANCE PROGRAM REPORTING FORM dated 05-11. Prescribed in RD Instruction 4288-A. The Form and FMI are used to obtain payments for projects accepted into the Repowering Assistance Program. 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.

INSERT
FMI revised 07-01-11.

OBSOLETE
(WSAL)

The following Forms are being made obsolete:

Form No.          Title                                 FMI dated remove

9004-1            Repowering Assistance Program         06-16-09
                  Application
9004-2            Repowering Assistance Program         06-16-09
                  Agreement
9004-3            Repowering Assistance Program         06-16-09
                    Payment Request

oOo