This section of the FEDERAL REGISTER

contains regulatory documents having general

applicability and legal effect, most of which

are keyed to and codified in the Code of

Federal Regulations, which is published under

50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by

the Superintendent of Documents.

Rules and Regulations Federal Register

7367 

Vol. 87, No. 27 

Wednesday, February 9, 2022 

DEPARTMENT OF AGRICULTURE 

Rural Utilities Service 

Rural Housing Service 

Rural Business-Cooperative Service 

7 CFR Part 5001 

[Docket No. RUS–19–Agency–0030] 

RIN 0572–AC56 

OneRD Guaranteed Loan Regulation; 

Corrections 

AGENCY: Rural Business-Cooperative 

Service, Rural Housing Service, Rural 

Utilities Service, Department of 

Agriculture (USDA). 

ACTION: Final rule; correction and 

correcting amendments. 

SUMMARY: On December 10, 2021, Rural 

Development’s Rural BusinessCooperative Service, Rural Housing 

Service, and Rural Utilities Service, 

agencies of the United States 

Department of Agriculture (USDA), 

published a final rule with comment for 

the oneRD Guarantee Loan Program 

(oneRD). The final rule made necessary 

revisions to the policy and procedures 

that strengthened the oversight and 

management of the growing Community 

Facilities, Water and Waste Disposal, 

Business and Industry, and Rural 

Energy for America guarantee portfolios. 

The final rule had an omission of 

information in the preamble and 

contained errors in the amendatory 

language. This document corrects the 

final regulation. 

DATES: This rule is effective February 9, 

2022. 

ADDRESSES: Address all comments 

concerning this correction to Lauren 

Cusick, Regulations Management 

Division, Rural Development Innovation 

Center, U.S. Department of Agriculture, 

1400 Independence Ave. SW, Stop 

1522, Washington, DC 20250; telephone 

(202) 720–1414; email lauren.cusick@

usda.gov. 

FOR FURTHER INFORMATION CONTACT: 

Lauren Cusick, Regulations 

Management Division, Rural 

Development Innovation Center, U.S. 

Department of Agriculture, 1400 

Independence Ave. SW, Stop 1522, 

Washington, DC 20250; telephone (202) 

720–1414; email lauren.cusick@

usda.gov. 

SUPPLEMENTARY INFORMATION: Rural 

Development’s Rural BusinessCooperative Service, Rural Housing 

Service, and Rural Utilities Service are 

issuing corrections to the final rule that 

published December 10, 2021, at 86 FR 

70349 and to 7 CFR part 5001. 

List of Subjects in 7 CFR Part 5001 

Business and industry, Community 

facility, Energy efficiency improvement, 

Loan programs, Renewable energy, 

Rural areas, Rural development, Water 

and waste disposal. 

In FR Doc. 2021–26160, appearing on 

page 70349 in the Federal Register of 

December 10, 2021, make the following 

correction: 

§ 5001.452 [Corrected] 

■ 1. On page 70358, in the second 

column, Instruction 22 for § 5001.452, is 

corrected by removing the phrase ‘‘and 

adding paragraph (b)(i)(iii)(L)(3)’’. For 

the reasons discussed in the preamble, 

7 CFR part 5001 is corrected by making 

the following correcting amendments: 

PART 5001—GUARANTEED LOANS 

■ 1. The authority citation for part 5001 

continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1926(a); 

7 U.S.C. 1932(a); and 7 U.S.C. 8107. 

■ 2. Amend § 5001.141 by revising 

paragraph (a)(2) to read as follows: 

§ 5001.141 New markets tax credits. 

* * * * * 

(a) * * * 

(2) The provisions of § 5001.127(f) 

notwithstanding, a lender that is a CDE 

or sub-CDE may have an ownership 

interest in the borrower provided that 

each condition specified in paragraphs 

(a)(2)(i) through (iii) of this section is 

met. 

(i) The lender does not have an 

ownership interest in the borrower prior 

to the application. 

(ii) The lender does not take a 

controlling interest in the borrower. 

(iii) The lender does not provide 

equity or take an ownership interest in 

a borrower at a level that would result 

in the lender owning 20 percent or more 

interest in the borrower. 

* * * * * 

■ 3. Amend § 5001.202 by revising 

paragraph (b)(5) to read as follows: 

§ 5001.202 Lender’s credit evaluation. 

* * * * * 

(b) * * * 

(5) Conditions. This paragraph (b)(5) 

refers to the general business 

environment, including the regulatory 

environment affecting the business or 

industry, and status of the Borrower’s 

industry. Consideration will be given to 

items listed in paragraphs (b)(5)(i) 

through (ix) of this section and when 

applicable the lender should submit 

supporting documentation (e.g., 

feasibility study, market study, 

preliminary architectural or engineering 

reports, etc.) in accordance with 

§§ 5001.304 through 5001.307: 

(i) Availability and depth of resource/ 

feedstock market, strength and duration 

of purchase agreements and availability 

of substitutes; 

(ii) Analysis of current and future 

market potential and off-take 

agreements, competition, type of project 

(service, product, or commodity based); 

(iii) Energy infrastructure, availability 

and dependability, transportation and 

other infrastructure, and environmental 

considerations; 

(iv) Technical feasibility including 

demonstrated performance of the 

technology and integrated processing 

equipment and systems, developer 

system performance guarantees, or 

technology insurance; 

(v) Complexity of construction and 

completion, terms of construction 

contracts, experience and financial 

strength of the construction contractor 

or engineering, procurement, and 

construction (EPC) contractor; 

(vi) Contracts and intellectual 

property rights, licenses, permits, and 

state and local regulations; 

(vii) Creditworthiness of any 

counterparties, as applicable; 

(viii) Industry-related public policy 

issues; and 

(ix) Other criteria that the lender or 

Agency deems relevant to the project. 

* * * * * 


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7368 Federal Register / Vol. 87, No. 27 / Wednesday, February 9, 2022 / Rules and Regulations 

■ 4. Amend § 5001.204 by revising 

paragraph (b) to read as follows: 

§ 5001.204 Personal, partnership, and 

corporate guarantees. 

* * * * * 

(b) When warranted by an Agency 

assessment of potential financial risk, 

the Agency may require the following: 

(1) Guarantees to be secured; 

(2) Guarantees from any person or 

entity owning less than a 20-percent 

Interest or membership in the borrower; 

and 

(3) Guarantees from persons whose 

ownership Interest in the borrower is 

held indirectly through intermediate or 

affiliated entities. 

* * * * * 

§ 5001.451 [Amended] 

■ 5. Amend § 5001.451 by redesignating 

the second paragraph (b)(3)(xiii) and 

paragraph (b)(3)(xiv) as paragraphs 

(b)(3)(xiv) and (xv), respectively. 

Justin Maxson, 

Deputy Under Secretary, Rural Development. 

[FR Doc. 2022–02710 Filed 2–8–22; 8:45 am] 

BILLING CODE 3410–15–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2021–1003; Project 

Identifier AD–2021–01141–R; Amendment 

39–21899; AD 2022–02–02] 

RIN 2120–AA64 

Airworthiness Directives; Bell Textron 

Inc. (Type Certificate Previously Held 

by Bell Helicopter Textron Inc.) 

Helicopters 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule; correction. 

SUMMARY: The FAA is correcting an 

airworthiness directive (AD) that 

published in the Federal Register. That 

AD applies to Bell Textron Inc. (type 

certificate previously held by Bell 

Helicopter Textron Inc.) Model 204B, 

205A, 205A–1, 205B, 210, and 212 

helicopters with a certain outboard 

main rotor hub strap pin (pin) installed. 

As published, the AD number specified 

in the regulatory text is incorrect. This 

document corrects that error. In all other 

respects, the original document remains 

the same. 

DATES: This correction is effective 

February 16, 2022. The effective date of 

AD 2022–02–02 remains February 16, 

2022. 

ADDRESSES: You may examine the AD 

docket at https://www.regulations.gov 

by searching for and locating Docket No. 

FAA–2021–1003, or in person at Docket 

Operations between 9 a.m. and 5 p.m., 

Monday through Friday, except Federal 

holidays. The AD docket contains this 

final rule, any comments received, and 

other information. The address for 

Docket Operations is U.S. Department of 

Transportation, Docket Operations, M– 

30, West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE, 

Washington, DC 20590. 

FOR FURTHER INFORMATION CONTACT: 

David Wilson, Aerospace Engineer, 

DSCO Branch, Compliance & 

Airworthiness Division, FAA, 10101 

Hillwood Pkwy., Fort Worth, TX 76177; 

telephone (817) 222–5786; email 

david.wilson@faa.gov. 

SUPPLEMENTARY INFORMATION: AD 2022– 

02–02, Amendment 39–21899 (87 FR 

1668, January 12, 2022) (AD 2022–02– 

02), requires removing any pin part 

number 204–012–104–005 with a serial 

number prefix ‘‘FNFS’’ from service and 

prohibits installing the affected pin on 

any helicopter. 

Need for the Correction 

As published, the AD number 

specified in the regulatory text is 

incorrect. The incorrectly specified AD 

number was FAA–2021–1003; the 

correct AD number is 2022–02–02. 

Correction of Publication 

This document corrects an error and 

correctly adds the AD as an amendment 

to 14 CFR 39.13. Although no other part 

of the preamble or regulatory 

information has been corrected, the 

FAA is publishing the entire rule in the 

Federal Register. 

The effective date of this AD remains 

February 16, 2022. 

Since this action only corrects the AD 

number, it has no adverse economic 

impact and imposes no additional 

burden on any person. Therefore, the 

FAA has determined that notice and 

public comment procedures are 

unnecessary. 

List of Subjects in 14 CFR Part 39 

Air transportation, Aircraft, Aviation 

safety, Incorporation by reference, 

Safety. 

Adoption of the Correction 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA amends 14 CFR part 39 as 

follows: 

PART 39—AIRWORTHINESS 

DIRECTIVES 

■ 1. The authority citation for part 39 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40113, 44701. 

§ 39.13 [Corrected] 

■ 2. The FAA amends § 39.13 by: 

■ a. Removing Airworthiness Directive 

2021–15–51, Amendment 39–21678 (86 

FR 43406, August 9, 2021); and 

■ b. Adding the following new 

airworthiness directive: 

2022–02–02 Bell Textron Inc. (Type 

Certificate Previously Held by Bell 

Helicopter Textron Inc.): Amendment 

39–21899; Docket No. FAA–2021–1003; 

Project Identifier AD–2021–01141–R. 

(a) Effective Date 

This airworthiness directive (AD) is 

effective February 16, 2022. 

(b) Affected ADs 

This AD replaces AD 2021–15–51, 

Amendment 39–21678 (86 FR 43406, August 

9, 2021) (AD 2021–15–51). 

(c) Applicability 

This AD applies to Bell Textron Inc. (type 

certificate previously held by Bell Helicopter 

Textron Inc.) Model 204B, 205A, 205A–1, 

205B, 210, and 212 helicopters, certificated 

in any category, with an outboard main rotor 

hub strap pin (pin) part number 204–012– 

104–005 with a serial number prefix ‘‘FNFS’’ 

installed. 

(d) Subject 

Joint Aircraft System Component (JASC) 

Code: 6200, Main Rotor System. 

(e) Unsafe Condition 

This AD was prompted by a fatal accident 

in which a pin sheared off during flight, 

which resulted in the main rotor blade and 

the main rotor head detaching from the 

helicopter. The FAA is issuing this AD to 

address this unsafe condition and prevent 

loss of control of the helicopter. 

(f) Compliance 

Comply with this AD within the 

compliance times specified, unless already 

done. 

(g) Required Actions 

(1) For Model 204B, 205A, 205A–1, 205B, 

and 212 helicopters: 

(i) Before further flight from August 24, 

2021 (the effective date of AD 2021–15–51), 

remove from service any pin that is identified 

in paragraph (c) of this AD. 

(ii) After August 24, 2021 (the effective 

date of AD 2021–15–51), do not install any 

pin that is identified in paragraph (c) of this 

AD on any helicopter. 

(2) For Model 210 helicopters: 

(i) Before further flight after the effective 

date of this AD, remove from service any pin 

that is identified in paragraph (c) of this AD. 

(ii) As of the effective date of this AD, do 

not install any pin that is identified in 

paragraph (c) of this AD on any helicopter. 


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