96860 Federal Register / Vol. 89, No. 235 / Friday, December 6, 2024 / Rules and Regulations 

Review Services Committee of the 

American Institute of Certified Public 

Accountants (AICPA). Borrowers may 

use a CPA to prepare this compilation 

report of the prescribed forms. 

* * * * * 

PART 3570—COMMUNITY PROGRAMS 

■ 5. The authority citation for part 3570 

continues to read as follows: 

Authority: 5 U.S.C. 301; 7 U.S.C. 1989. 

Subpart B—Community Facilities 

Grant Program 

■ 6. Revise and republish § 3570.51 

paragraph (j) to read as follows: 

§ 3570.51 General. 

* * * * * 

(j) The Office of Management and 

Budget (OMB) issued guidance on 

Uniform Administrative Requirements, 

Cost Principles, and Audit 

Requirements for Federal Awards at 2 

CFR part 200. In 2 CFR part 400.1, the 

Department adopted OMB’s guidance in 

subparts A through F of 2 CFR part 200, 

as supplemented by 2 CFR part 400, as 

the Department’s policies and 

procedures for uniform administrative 

requirements, cost principles, and audit 

requirements for federal awards. As a 

result, this regulation contains 

references to 2 CFR part 200 as it has 

regulatory effect for the Department’s 

programs and activities. 

* * * * * 

■ 8. Revise and republish § 3570.80 to 

read as follows: 

§ 3570.80 Grant closing and delivery of 

funds. 

(a) ‘‘Community Facilities Grant 

Agreement’’ will be used as the grant 

agreement between the Agency and the 

grantee and will be signed by the 

grantee before grant funds are advanced. 

(b) Approval officials may require 

recipients to record liens or other 

appropriate notices of record to indicate 

that personal or real property has been 

acquired or improved with Federal grant 

funds and that use and disposition 

conditions apply to the property as 

provided by 2 CFR part 200, as 

subsequently modified. 

(c) Approval officials may require 

recipients to record liens or other 

appropriate notices of record to indicate 

that personal or real property has been 

acquired or improved with Federal grant 

funds and that use and disposition 

conditions apply to the property as 

provided by 2 CFR part 200 as adopted 

by USDA through 2 CFR part 400 as 

subsequently modified. 

(d) Grant funds will not be disbursed 

until they are actually needed by the 

recipient and all borrower or other 

funds are expended, except when: 

(1) Interim financing of the total 

estimated amount of loan funds needed 

during construction is arranged, 

(2) All interim funds have been 

disbursed, and 

(3) Agency grant funds are needed 

before RHS or other loans can be closed. 

(e) If grant funds are available from 

other agencies and are transferred for 

disbursement by RHS, these grant funds 

will be disbursed in accordance with 

the agreement governing such other 

agencies’ participation in the project. 

PART 5001—GUARANTEED LOANS 

■ 7. 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); 7 U.S.C. 8107. 

Subpart F—Servicing Provisions 

■ 8. Revise and republish § 5001.504 

paragraph (c) to read as follows: 

§ 5001.504 Financial reports. 

* * * * * 

(c) Annual financial statements must 

be in accordance with accounting 

practices acceptable to the Agency as 

prescribed in § 5001.9 for all borrowers 

with a guaranteed loan balance in 

excess of $600,000. The lender may 

determine the type and frequency of 

financial statements for borrowers with 

a total guaranteed loan balance below 

$600,000 upon notification and 

justification to the Agency. This section 

does not supersede the borrower 

financial statement requirements of 2 

CFR part 200, subpart F. 

* * * * * 

Joaquin Altoro, 

Administrator, Rural Housing Service. 

[FR Doc. 2024–28168 Filed 12–5–24; 8:45 am] 

BILLING CODE 3410–XV–P 

DEPARTMENT OF AGRICULTURE 

Rural Housing Service 

7 CFR Part 3560 

[Docket No. RHS–24–MFH–0041] 

Multi-Family Housing Simple Transfer 

Pilot Program 

AGENCY: Rural Housing Service, USDA. 

ACTION: Extension of pilot program. 

SUMMARY: The Rural Housing Service 

(RHS or the Agency), a Rural 

Development (RD) agency of the United 

States Department of Agriculture 

(USDA), is announcing the extension of 

a pilot program with updates for simple 

transfers of USDA Section 514 Farm 

Labor Housing & 515 Rural Rental 

Housing properties through December 9, 

2025. The Agency’s intention is to 

evaluate the existing regulations and 

remove regulatory barriers to reduce 

application requirements for certain 

types of transfers, resulting in lower 

transaction-related costs for applicants 

and improved processing times. 

DATES: The effective date of the Simple 

Transfer Pilot Program is extended to 

December 9, 2025, at which time the 

RHS may extend the pilot program (with 

or without modifications) or terminate it 

depending on the workload, budget and 

resources needed to administer the 

program, feedback from the public, and 

the effectiveness of the program. If the 

pilot program is extended or terminated, 

the RHS will notify the public. 

FOR FURTHER INFORMATION CONTACT: For 

general information about the pilot 

program, contact Jessica Long, Asset 

Management Division at jessica.long@

usda.gov or at 270–392–4526. 

Owners that are interested in 

participating in the pilot program 

should contact the project’s assigned 

servicing specialist in the Field 

Operations Division. The assigned 

specialist can be found on the Agency’s 

website at https://www.sc.egov.

usda.gov/data/MFH.html. Select the file 

under the heading ‘‘Multi-Family 

Housing 514 & 515 Property 

Assignments.’’ The servicing specialist 

is listed in the column labeled 

‘‘Assigned To’’ and their email is in the 

column ‘‘Assigned To Email.’’ 

SUPPLEMENTARY INFORMATION: 

Authority 

Title V, Section 506(b) of the Housing 

Act of 1949, as amended; 42 U.S.C. 

1476(b). 

Background 

RHS is committed to helping improve 

the economy and quality of life in rural 

areas by offering a variety of programs 

such as loans, grants, and loan 

guarantees to help create jobs, expand 

economic development, and provide 

critical infrastructure investments. RHS 

also provides technical assistance, 

loans, and grants by partnering with 

agricultural producers, cooperatives, 

Indian tribes, non-profits, and other 

local, state, and federal agencies. 

The Multi-family Housing Program 

(MFH), an RHS program, assists rural 

property owners through loans, loan 

guarantees, and grants that enable 

owners to develop and rehabilitate 


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properties for low-income, elderly, and 

disabled individuals and families as 

well as domestic farm laborers. MFH 

works with the owners of its direct and 

farm labor housing loan properties to 

subsidize rents for low-income tenants 

who cannot afford to pay their full rent. 

These programs assist qualified 

applicants that cannot obtain 

commercial credit on terms that will 

allow them to charge rents that are 

affordable to low-income tenants. 

Summary of Updates to the Pilot 

Program 

1. The pilot program is extended by 

one year until December 9, 2025. 

2. Section 514 properties are now 

included in the pilot program. 

3. The RHS contact person is updated. 

4. Under Option 1, an exception for 

extending terms for imminent maturing 

mortgages has been added. 

5. The Agency has made clarifications 

to Option 2 by removing (iii) (c) which 

was repetitive of (iii)(a) and (b). 

Transfer Types: Simple and Standard 

Transfers 

MFH utilizes a variety of tools to 

revitalize and preserve the physical and 

financial health of more than 13,000 

properties currently in USDA’s rural 

rental portfolio. The Agency may 

authorize limited demonstration 

programs to test new approaches to 

offering housing under the statutory 

authority granted to the Secretary, as set 

forth in 42 U.S.C. 1476(b) and 7 CFR 

3560.53(t). Such demonstration 

programs may authorize procedures and 

requirements that differ from those set 

forth in statute or regulation. However, 

any program requirements that are not 

expressly waived, whether statutory or 

regulatory, remain in effect. 

There are two primary types of 

ownership changes that require 

approval by MFH which are (1) a change 

in the borrower entity’s organizational 

structure or (2) a transfer of ownership 

to a new entity. Organizational changes 

that include changes in a borrower’s 

current ownership entity structure are 

addressed in 42 U.S.C. 1485(h) and 7 

CFR 3560.405. Transfers, which are 

sales of projects to new owners that 

continue to operate the projects in the 

515 program, are detailed in 42 U.S.C. 

1485(h) and 7 CFR 3560.406. 

MFH has identified the need to 

simplify the transfer of ownership for 

certain types of transactions. The 

current process places the same 

submission requirements on applicants 

regardless of the complexity of the 

transaction, resulting in undue burdens 

for relatively uncomplicated transfers, 

thereby reducing potential transfer and 

preservation activity in the portfolio. To 

address this issue, MFH is 

implementing the Simple Transfer Pilot 

Program which will offer three 

additional transfer options as a way to 

encourage preservation and revitalize its 

portfolio. MFH expects that by reducing 

application requirements for certain 

types of transfers, the result will be 

lower transaction-related costs for 

applicants and improved processing 

times. At the end of the pilot program, 

MFH will evaluate the findings with 

consideration towards, if successful, 

future regulatory changes that could be 

codified into 7 CFR part 3560 and 

applied program wide. 

Discussion of the Transfer Pilot 

Program 

(1) Simple Transfer Pilot Program: For 

a simple transfer, under certain 

conditions the Agency will process an 

application for an ownership change 

without requiring full rehabilitation 

financing and or reserve account 

funding typically needed to approve a 

standard transfer. Simple transfers 

include restrictions on new debt, equity 

payouts, and other limitations that are 

not included for standard transfers. 

The Agency must determine that the 

new owner can operate the property 

successfully and that the ownership 

change will benefit the government and 

tenants even if there are remaining 

rehabilitation needs post-transfer. The 

property must meet the required 

conditions to be processed as a simple 

transfer. The Asset Management 

Division (AMD) will process simple 

transfers. 

(2) Standard Transfer: All transfers 

that do not meet the requirements for a 

simple transfer are considered standard 

transfers. Standard transfers often 

include third-party financing, such as 

Low-Income Housing Tax Credits 

(LIHTC), and may include one property 

or multiple properties in a portfolio. 

Standard transfers follow the guidance 

in 7 CFR 3560.406. The Production and 

Preservation Division (P2) will continue 

to process standard transfers. 

Implementation of the Simple Transfer 

Pilot Program 

Eligible properties include Section 

514 Farm Labor Housing and Section 

515 Rural Rental Housing properties. 

Eligibility for the pilot program will be 

based on property conditions and the 

ability and willingness of the buyer and 

seller to meet required simple transfer 

conditions. Buyers must meet the 

eligibility criteria in 7 CFR 3560.406. 

Applicants must be able to clearly 

demonstrate that the property can 

operate successfully under new 

ownership. Applicants must abide by 

the regulatory requirements set forth in 

7 CFR part 3560 and the requirements 

set forth in applicable statutes, except 

for the exceptions made available 

through this pilot program, as detailed 

in this Notice. 

Under the pilot program, three simple 

transfer options are available to address 

different property circumstances, which 

are outlined below: 

Option 1: Simple Transfer With 

Expedited Ownership Change Required 

Option 1 is the most streamlined 

transfer process. It is available in 

circumstances where the Agency 

determines that an expedited ownership 

change is in the best interest of the 

Government, property, and tenants. 

(1) Requirements 

(i) Property is in acceptable physical 

condition as determined by the Agency 

based on information submitted by the 

applicant, available in Agency files, or 

available from third parties, AND 

(ii) Conditions exist that require an 

expedited transfer, including but not 

limited to: deceased borrower or general 

partner, hardship, insolvency, 

receivership, imminent loan maturity, 

or sale to nonprofit under prepayment, 

AND 

(iii) No additional debt will be 

incurred by the Buyer or secured by the 

property as part of the transfer, AND 

(iv) New owner (nonprofit or forprofit) will provide a plan for the longterm viability of the property, which 

may include recapitalization/ 

rehabilitation or resetting of reserves. 

The Agency must determine that the 

proposed viability plan demonstrates 

the continued physical and financial 

viability of the property. 

(2) Pilot Program Modification to 

Current Standard Transfer Requirements 

in 7 CFR 3560 

(i) No Capital Needs Assessment 

(CNA) is required with the transfer 

application (the CNA requirement in 7 

CFR 3560.406(d)(5) is waived for 

transfers qualifying for Option 1). 

(ii) No new valuation of the property 

is required with the transfer application 

(the requirement in 3560.406(d)(3)(i) 

and (ii) that the security value of the 

housing project be determined at the 

time of transfer is waived for transfers 

qualifying for Option 1). 

(iii) The maturity date and 

amortization period of the loan will not 

be changed or extended unless the 

Agency determines that an extension of 

the term is in the best interests of the 

Government, property and tenants. 


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96862 Federal Register / Vol. 89, No. 235 / Friday, December 6, 2024 / Rules and Regulations 

(iv) No equity payout can be included 

as part of the transaction. Equity payout 

to transferor shall not be paid for by 

project funds and shall not be secured 

by the property. If agreed to by both 

parties, equity may be paid outside of 

the transaction. 

(v) The project must meet minimum 

reserve account requirements as 

determined by the Agency. The Agency 

may require a post-transfer analysis to 

reset annual reserve deposits as a 

condition of the approved viability plan, 

which could include completion of a 

property conditions survey, a CNA, or 

another analysis acceptable to the 

Agency. 

Option 2: Simple Transfer With 

Rehabilitation 

Option 2 is designed for properties 

that require rehabilitation and or 

resetting of the annual deposit to the 

reserve account. 

(1) Requirements 

(i) Property is or will be fully 

subsidized post-transfer OR rents can be 

increased without adversely impacting 

occupancy and without a term 

extension, AND 

(ii) No additional amortizing debt will 

be incurred by the Buyer or secured by 

the property as part of the transfer, AND 

(iii) One of the following conditions 

applies: 

(a) Based on a CNA, rehabilitation is 

needed that cannot be funded by the 

current reserve account, OR 

(b) Property is in acceptable 

condition, with only minor upfront 

rehabilitation or repairs needed, as 

determined by the Agency based on 

information submitted by the applicant, 

available in Agency files, or available 

from third parties. Reserves are 

sufficient to meet any upfront 

rehabilitation needs but are inadequate 

to address future rehabilitation needs, 

(2) Pilot Program Modification to 

Current Standard Transfer Requirements 

in 7 CFR 3560 

(i) No new valuation of the property 

is required with the transfer application 

(the requirement in § 3560.406(d)(3)(i) 

and (ii) that the security value of the 

housing project be determined at the 

time of transfer is waived for transfers 

qualifying for Option 2). 

(ii) The Agency may approve a junior 

lien for deferred financing as provided 

in 3560.409, except that: (a) deferred 

financing must at a minimum be 

coterminous with the Agency’s loan(s), 

and (b) the Agency may set a maximum 

per unit limit on rehabilitation that can 

be approved under Option 2. 

(iii) The maturity date and 

amortization period of the loan will not 

be changed or extended, except that a 

term extension may be permitted in 

accordance with 7 CFR 3560.409(j) if 

required by the deferred lender to 

preserve affordability for a longer 

period. 

(iv) No equity payout can be included 

as part of the transaction. Equity payout 

to transferor shall not be paid for by 

project funds and shall not be secured 

by the property. If agreed to by both 

parties, equity may be paid outside of 

the transaction. 

Option 3: Simple Transfer With Future 

Rehabilitation/Recapitalization Plan 

Option 3 provides flexibility to 

nonprofits and government agencies to 

complete an acquisition of a 

preservation-worthy property even if 

resources for rehabilitation of the 

property are not available at the time of 

the transfer. An appraisal and CNA are 

required as part of the transfer 

application. 

(1) Requirements 

(i) Based on a CNA, rehabilitation is 

needed that cannot be fully funded by 

the current reserve account or resetting 

of the existing reserve deposits, AND 

(ii) The purchaser is a nonprofit 

organization or government agency, 

AND 

(iii) The new nonprofit or government 

agency owner will pursue a strategy to 

rehabilitate/recapitalize the property 

with Agency and or third-party funds 

within two years of the transfer closing 

date. The Agency must determine that 

the recapitalization plan will meet the 

physical and financial needs of the 

property, the new owner is likely to 

obtain the Agency and or third-party 

funds, and the property can function 

successfully until either rehabilitation 

or recapitalization is complete. 

(2) Pilot Program Modification to 

Current Standard Transfer Requirements 

in 7 CFR 3560 

(i) The Agency will waive the 

necessary reserve requirement 

adjustment under 7 CFR 3560.406(d)(5). 

The new owner must address the 

rehabilitation needs identified in the 

CNA over a period not to exceed two 

years after the closing date of the 

transfer. The Agency must approve the 

new owner’s proposed rehabilitation 

plan and the new owner’s plan to obtain 

funding for the rehabilitation prior to 

approval of the transfer. 

(ii) The Agency will monitor the 

progress and implementation of the 

approved plan as part of routine project 

servicing. The new owner may propose 

changes to the approved plan; however, 

RD must authorize in writing any 

changes before they are implemented. 

For all simple transfer options, health, 

safety, environmental, civil rights, and 

applicable accessibility requirements 

must be resolved at the time of transfer. 

The property must be rated 

‘‘performing’’ in the internal risk rating 

tool unless an exception is approved by 

the Agency. 

In cases where MFH determines that 

none of the simple transfer options are 

viable for a project, the property owner 

should follow the standard transfer 

requirements in 7 CFR 3560.406. The 

Agency may also determine that other 

servicing actions are more appropriate 

based on the property’s circumstances. 

Standard transfer requirements have 

not changed and are outlined in 7 CFR 

3560.406 (https://

ecfr.federalregister.gov/current/title-7/ 

subtitle-B/chapter-XXXV/part-3560/ 

subpart-I/section-3560.406). A checklist 

and other information have been 

developed and are available by: (1) 

going to the MFH website at https://

www.rd.usda.gov/programs-services/ 

multifamily-housing-programs/ 

multifamily-housing-direct-loans (click 

on the To Apply tab), (2) contacting the 

assigned servicing specialist, which can 

be found at USDA Service Center 

Agencies Online Services; or (3) refer to 

the FOR FURTHER INFORMATION CONTACT

section in this Notice. 

Transfer Processing Steps 

A property owner should contact the 

assigned Field Operations Division 

(FOD) servicing specialist if interested 

in a transfer under the pilot program. 

The servicing specialist will take lead in 

intake of the information and in 

partnership with AMD and lead the 

concept call with the applicant. After 

the conversation with the applicant, the 

package will either be transferred to 

AMD for processing, or the servicing 

specialist will notify the applicant in 

writing of the decision to not proceed 

with the simple transfer process and the 

reasons. 

Paperwork Reduction Act 

The regulatory waivers for this pilot 

contain no new reporting or 

recordkeeping burdens under OMB 

control number 0575–0179 that would 

require approval under the Paperwork 

Reduction Act of 1995 (44 U.S.C. 

Chapter 35). 

Non-Discrimination Statement 

In accordance with Federal civil 

rights laws and USDA civil rights 

regulations and policies, the USDA, its 

Mission Areas, agencies, staff offices, 


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Federal Register / Vol. 89, No. 235 / Friday, December 6, 2024 / Rules and Regulations 96863 

employees, and institutions 

participating in or administering USDA 

programs are prohibited from 

discriminating based on race, color, 

national origin, religion, sex, gender 

identity (including gender expression), 

sexual orientation, disability, age, 

marital status, family/parental status, 

income derived from a public assistance 

program, political beliefs, or reprisal or 

retaliation for prior civil rights activity, 

in any program or activity conducted or 

funded by USDA (not all bases apply to 

all programs). Remedies and complaint 

filing deadlines vary by program or 

incident. 

Program information may be made 

available in languages other than 

English. Persons with disabilities who 

require alternative means of 

communication to obtain program 

information (e.g., Braille, large print, 

audiotape, American Sign Language) 

should contact the responsible Mission 

Area, agency, staff office; or the 711 

Relay Service. 

To file a program discrimination 

complaint, a complainant should 

complete a Form AD–3027, USDA 

Program Discrimination Complaint 

Form, which can be obtained online at 

https://www.usda.gov/sites/default/ 

files/documents/ad-3027.pdf, from any 

USDA office, by calling (866) 632–9992, 

or by writing a letter addressed to 

USDA. The letter must contain the 

complainant’s name, address, telephone 

number, and a written description of the 

alleged discriminatory action in 

sufficient detail to inform the Assistant 

Secretary for Civil Rights (ASCR) about 

the nature and date of an alleged civil 

rights violation. The completed AD– 

3027 form or letter must be submitted to 

USDA by: 

(1) Mail: U.S. Department of 

Agriculture, Office of the Assistant 

Secretary for Civil Rights, 1400 

Independence Avenue SW, Washington, 

DC 20250–9410; or 

(2) Fax: (833) 256–1665 or (202) 690– 

7442; or 

(3) Email: Program.Intake@usda.gov. 

Joaquin Altoro, 

Administrator, Rural Housing Service. 

[FR Doc. 2024–28299 Filed 12–5–24; 8:45 am] 

BILLING CODE 3410–XV–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2024–2546; Project 

Identifier AD–2024–00574–A; Amendment 

39–22902; AD 2024–24–11] 

RIN 2120–AA64 

Airworthiness Directives; Cirrus 

Design Corporation Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule; request for 

comments. 

SUMMARY: The FAA is adopting a new 

airworthiness directive (AD) for certain 

Cirrus Design Corporation (Cirrus) 

Model SR20, SR22, and SR22T 

airplanes. This AD was prompted by a 

report of failure of the upper power 

lever. This AD requires repetitively 

inspecting (visual) the upper power 

lever for any crack(s) and depending on 

the results of any visual inspection, 

either inspecting (fluorescent penetrant) 

or replacing the upper power lever. This 

AD also requires reporting all inspection 

results to the FAA. The FAA is issuing 

this AD to address the unsafe condition 

on these products. 

DATES: This AD is effective December 

23, 2024. 

The Director of the Federal Register 

approved the incorporation by reference 

of a certain publication listed in this AD 

as of December 23, 2024. 

The FAA must receive comments on 

this AD by January 21, 2025. 

ADDRESSES: You may send comments, 

using the procedures found in 14 CFR 

11.43 and 11.45, by any of the following 

methods: 

• Federal eRulemaking Portal: Go to 

regulations.gov. Follow the instructions 

for submitting comments. 

• Fax: (202) 493–2251. 

• Mail: U.S. Department of 

Transportation, Docket Operations, M– 

30, West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE, 

Washington, DC 20590. 

• Hand Delivery: Deliver to Mail 

address above between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. 

AD Docket: You may examine the AD 

docket at regulations.gov under Docket 

No. FAA–2024–2546; 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 

street address for Docket Operations is 

listed above. 

Material Incorporated by Reference: 

• For Cirrus material identified in 

this AD, contact Cirrus Design 

Corporation, 4515 Taylor Circle, Duluth, 

MN 55811; phone: (218) 788–3000; fax: 

(218) 788–3525; email: fieldservice@

cirrusaircraft.com; website: 

cirrusaircraft.com. 

• You may view this material at the 

FAA, Airworthiness Products Section, 

Operational Safety Branch, 901 Locust, 

Kansas City, MO 64106. For information 

on the availability of this material at the 

FAA, call (817) 222–5110. It is also 

available at regulations.gov under 

Docket No. FAA–2024–2546. 

FOR FURTHER INFORMATION CONTACT: 

Gregory Koenig, Aviation Safety 

Engineer, FAA, 1801 S Airport Road, 

Wichita, KS 67209; phone: (847) 294– 

7127; email: gregory.l.koenig@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

The FAA invites you to send any 

written data, views, or arguments about 

this final rule. Send your comments to 

an address listed under the ADDRESSES

section. Include ‘‘Docket No. FAA– 

2024–2546; Project Identifier AD–2024– 

00574–A’’ at the beginning of your 

comments. The most helpful comments 

reference a specific portion of the final 

rule, explain the reason for any 

recommended change, and include 

supporting data. The FAA will consider 

all comments received by the closing 

date and may amend this final rule 

because of those comments. 

Except for Confidential Business 

Information (CBI) as described in the 

following paragraph, and other 

information as described in 14 CFR 

11.35, the FAA will post all comments 

received, without change, to 

regulations.gov, including any personal 

information you provide. The agency 

will also post a report summarizing each 

substantive verbal contact received 

about this final rule. 

Confidential Business Information 

CBI is commercial or financial 

information that is both customarily and 

actually treated as private by its owner. 

Under the Freedom of Information Act 

(FOIA) (5 U.S.C. 552), CBI is exempt 

from public disclosure. If your 

comments responsive to this AD contain 

commercial or financial information 

that is customarily treated as private, 

that you actually treat as private, and 

that is relevant or responsive to this AD, 

it is important that you clearly designate 

the submitted comments as CBI. Please 

mark each page of your submission 

containing CBI as ‘‘PROPIN.’’ The FAA 

will treat such marked submissions as 


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