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

U.S. DEPARTMENT OF AGRICULTURE MANUAL ISSUE No.

RURAL DEVELOPMENT WSAL PN 589

Washington, D.C 20250 DATE

August 4, 2023

PROCEDURE NOTICE

NOTICE

INSERT RD HB-1-3550 DIRECT SINGLE FAMILY HOUSING LOANS AND

(WSAL) GRANTS FIELD OFFICE HANDBOOK.

Appendix 9 is partially revised to implement new Income Limits for Puerto Rico in 

the Sections 502 Direct and 504 Loan/Grant Program. 

The effective date of these income limits is August 4, 2023.

REMOVE INSERT

Appendix 9: Appendix 9 :

 Pages 371 & 372. Pages 371 & 372 revised 08-04-23.

NOTICE

INSERT RD HB-1-3555 SFH GUARANTEED LOAN PROGRAM TECHNICAL

(WSAL) HANDBOOK. 

Appendix 5 is partially revised to implement new Income Limits for Puerto Rico in 

the Sections 502 Guaranteed Loan Program. 

The effective date of these income limits is August 4, 2023.

REMOVE INSERT

Appendix 5: Appendix 5:

 Pages 332 & 333. Pages 332 & 333 revised 08-04-23.

(CON.)

READ PROCEDURE - DISCUSS IN STAFF CONFERENCE - KEEP PROCEDURE MANUAL UP TO DATE
Page 2 ISSUED: PN 589 

August 4, 2023

RD MANUAL CHANGES

INSERT RD INS 440.1 INTEREST RATES, AMORTIZATION, 

(WSAL) GUARANTEE FEE, ANNUAL CHARGE, AND 

FIXED PERIOD. This Instruction is 

partially revised as follows:

Exhibit B is partially revised to update the Treasury Judgement rate and the 

effective date of August 1, 2023. 

REMOVE INSERT

Exhibit B: Exhibit B: 

 Pages 1 & 2 dated 06-28-23 Pages 1 & 2 revised 08-04-23. 

INSERT RD INS 1901-A LOAN AND GRANT APPROVAL AUTHORITIES. 

(WSAL) Exhibit G is revised to incorporate changes 

that were made to RUS Staff Instruction 

1780-1, Approval Authority for Water and Waste Disposal Loans and Grants.. 

REMOVE INSERT

Exhibit G: Exhibit G: 

 Pages 1 thru 3. Pages 1 thru 3 revised 08-04-23. 

RD HANDBOOK CHANGES

INSERT RD HB-1-3550 DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS 

(WSAL) FIELD OFFICE HANDBOOK. This Handbook is 

partially revised. The specific revisions are 

outlined below.

Appendix 4: 

Appendix 4 is revised to include the July 1, 2023, interest rate for the AboveModerate Single Family Housing non-program loans. 

REMOVE INSERT

Appendix 4 dated 03-02-22: Appendix 4 dated 03-02-22:

 Pages 3 & 4. Pages 3 & 4 revised 08-04-23. 

(CON.)
Page 3 ISSUED: PN 589 

August 4, 2023

RD HANDBOOK CHANGES 

INSERT RD HB-2-3550 DIRECT SINGLE FAMILY HOUSING LOANS AND

(WSAL) GRANTS – CUSTOMER SERVICE HANDBOOK. This 

Handbook is partially revised. The specific 

revisions are outlined below.

Chapter 1: 

To include updated changes to the National Appeals Division (NAD) Appeal 

instructions, specifically; to offer borrowers the option to request that NAD 

determine if the decision is appealable and to grant borrowers the right to an 

appeal hearing.

REMOVE INSERT

Chapter 1 dated 05-27-98: Chapter 1 dated 05-27-98:

 Pages 1-13 thru 1-22, Pages 1-13 thru 1-22, 

 Attachment 1-B, Attachment 1-B revised, 

 Attachment 1-C. Attachment 1-C revised 08-04-23. 

INSERT RD HB-2-3560 MFH PROJECT SERVICING HANDBOOK. This

(WSAL) Handbook is partially revised. The specific 

revisions are outlined below: 

Chapter 3: 

Attachment 3-F is revised to reflect the Fiscal Year (FY) 2024 Management Fee. The 

Fiscal Year 2024 management fee is increased by the 2023 HUD OCAF in non-metro 

areas for each State. These fees will be used for the Fiscal Year 2024 budget cycle 

beginning January 1, 2024. All FY 2024 management fees have been rounded up to the 

nearest dollar.

REMOVE INSERT

Chapter 3 dated 08-26-22: Chapter 3 dated 08-26-22:

 Attachment 3-F. Attachment 3-F revised 08-04-23. 

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