Single Family Housing Direct Loan Program

Issued by Agriculture Department
on Friday 5 June 2015
Comments closed on
 

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DATES: Back to Top

Effective date: The effective date of the final rule published April 29, 2015 (80 FR 23673) is deferred from July 28, 2015, to October 1, 2015.

FOR FURTHER INFORMATION CONTACT: Back to Top

Brooke Baumann, Branch Chief, Single Family Housing Direct Loan Division, USDA Rural Development, Stop 0783, 1400 Independence Avenue SW., Washington, DC 20250-0783, Telephone: 202-690-4250. Email: brooke.baumann@wdc.usda.gov.

SUPPLEMENTARY INFORMATION: Back to Top

In December 2014, the existing intermediaries under the pilot were informed that the pilot would end with the effective date of the final rule to create a certified loan application packaging process. While this expiration provision for the pilot was known, the actual date came sooner than expected. To allow the existing intermediaries under the pilot sufficient time to process loan application packages in their queue and to prepare for the implementation of the final rule, the effective date for the final rule will be deferred to October 1, 2015.

Dated: May 18, 2015.

Tony Hernandez,

Administrator, Rural Housing Service.

[FR Doc. 2015-13463 Filed 6-4-15; 8:45 am]

BILLING CODE 3410-XV-P

Citation: 80 FR 31971
 

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