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

96857 

Vol. 89, No. 235 

Friday, December 6, 2024 

DEPARTMENT OF AGRICULTURE 

Rural Housing Service 

7 CFR Parts 1942, 3560, 3570, and 5001 

[Docket Number: RHS–24–ADMIN–0040] 

Multi-Family Housing and Community 

Facilities Updates to Federal Financial 

Assistance Guidance 

AGENCY: Rural Housing Service, USDA. 

ACTION: Final rule. 

SUMMARY: The Rural Housing Service 

(RHS or Agency), an agency in the 

United States Department of Agriculture 

(USDA) Rural Development (RD) 

Mission area, is issuing a final rule to 

update the Multi-Family Housing (MFH) 

and Community Facility (CF) 

regulations by updating the audit and 

financial statement language to align 

with the Office of Management and 

Budget (OMB) 2024 revisions. 

DATES: Effective December 6, 2024. 

FOR FURTHER INFORMATION CONTACT:

Julie Felhofer, Policy & Budget Branch 

Chief, United States Department of 

Agriculture, 1400 Independence Avenue 

SW, Washington, DC 20250–1548. 

Telephone: (715) 295–4069. Email: 

Julie.Felhofer@usda.gov. 

Nathan Chitwood, Director, 

Community Facilities, United States 

Department of Agriculture, 1400 

Independence Avenue SW, Washington, 

DC 20250–1548. Telephone: (573) 876– 

0965. Email: Nathan.Chitwoodt@

usda.gov. 

SUPPLEMENTARY INFORMATION: 

I. Background 

RD is a mission area within USDA 

comprised of the RHS, the Rural 

Business-Cooperative Service, and Rural 

Utilities Service, that strives to increase 

economic opportunity and improve the 

quality of life for all rural Americans. 

RD invests in rural America with loan, 

grant, and loan guarantee programs to 

help drive economic security and 

prosperity. 

USDA’s RHS offers a variety of 

programs to build or improve housing 

and essential community facilities in 

rural areas. The Agency offers loans, 

grants and loan guarantees for singleand multi-family housing, childcare 

centers, fire and police stations, 

hospitals, libraries, nursing homes, 

schools, first responder vehicles and 

equipment, housing for farm laborers 

and much more. 

Multi-Family housing programs assist 

rural property owners through loans, 

loan guarantees, and grants that enable 

owners to develop and rehabilitate 

properties for low-income, elderly, and 

disabled individuals and families as 

well as domestic farm laborers. 

Community Facilities Programs offer 

direct loans, loan guarantees and grants 

to develop or improve essential public 

services and facilities in communities 

across rural America. These amenities 

help increase the competitiveness of 

rural communities in attracting and 

retaining businesses that provide 

employment and services for their 

residents. 

OMB revised several parts of OMB 

Guidance for Grants and Agreements 

which is now called OMB Guidance for 

Federal Financial Assistance which are 

applicable to all federal agencies. This 

guidance can be found in Title 2 of the 

Code of Federal Regulations (CFR) (2 

CFR part 200). The revisions were 

published in the Federal Register on 

April 22, 2024, at 89 FR 30046, and are 

required to be implemented by October 

1, 2024. This final rule is being 

published as a technical-administrative 

correction to ensure the Agency’s audit 

and financial statement requirements 

align with the OMB revisions made to 

2 CFR part 200. 

II. Summary of Changes 

This rulemaking makes the following 

changes: 

(1) Updates § 1942.17 to increase the 

$750,000 audit threshold to $1,000,000. 

(2) Updates § 3560.308 to increase the 

$750,000 audit threshold to $1,000,000. 

(3) Updates § 3570.51 to remove the 2 

CFR issue date. 

(4) Updates § 3570.80 to replace the 

term ‘‘applicant’’ with ‘‘recipient’’ or 

‘‘subrecipient.’’ 

III. Executive Orders 

Executive Order 12372— 

Intergovernmental Consultation 

These loans are subject to the 

provisions of Executive Order 12372, 

which requires intergovernmental 

consultation with State and local 

officials. RHS conducts 

intergovernmental consultations for 

each loan in accordance with 2 CFR part 

415, subpart C. 

Executive Order 12866—Regulatory 

Planning and Review 

This final rule is exempt from OMB 

review for purposes of Executive Order 

12866 and, therefore, has not been 

reviewed by OMB. 

Executive Order 12988—Civil Justice 

Reform 

This final rule has been reviewed 

under Executive Order 12988. In 

accordance with this rule: (1) unless 

otherwise specifically provided, all 

State and local laws that conflict with 

this rule will be preempted; (2) no 

retroactive effect will be given to this 

rule except as specifically prescribed in 

the rule; and (3) administrative 

proceedings of the National Appeals 

Division of the Department of 

Agriculture (7 CFR part 11) must be 

exhausted before bringing suit in court 

that challenges action taken under this 

rule. 

Executive Order 13132—Federalism 

The policies contained in this final 

rule do not have any substantial direct 

effect on States, on the relationship 

between the National Government and 

the States, or on the distribution of 

power and responsibilities among the 

various levels of government. Nor does 

this final rule impose substantial direct 

compliance costs on State and local 

governments. Therefore, consultation 

with the States is not required. 

Executive Order 13175—Consultation 

and Coordination With Indian Tribal 

Governments 

This final rule has been reviewed in 

accordance with the requirements of 

Executive Order 13175, Consultation 

and Coordination with Indian Tribal 

Governments. Executive Order 13175 

requires Federal agencies to consult and 

coordinate with tribes on a governmentto-government basis on policies that 

have tribal implications, including 


lotter on DSK11XQN23PROD with RULES1
96858 Federal Register / Vol. 89, No. 235 / Friday, December 6, 2024 / Rules and Regulations 

regulations, legislative comments or 

proposed legislation, and other policy 

statements or actions that have 

substantial direct effects on one or more 

Indian tribes, on the relationship 

between the Federal government and 

Indian tribes or on the distribution of 

power and responsibilities between the 

Federal government and Indian tribes. 

Consultation is also required for any 

regulation that preempts tribal law or 

that imposes substantial direct 

compliance costs on Indian tribal 

governments and that is not required by 

statute. 

The Agency has determined that this 

final rule does not, to its knowledge, 

have tribal implications that require 

formal tribal consultation under 

Executive Order 13175. If a Tribe 

requests consultation, the RHS will 

work with the Office of Tribal Relations 

to ensure meaningful consultation is 

provided where changes, additions and 

modifications identified herein are not 

expressly mandated by Congress. 

Congressional Review Act 

This final rule is not subject to the 

Congressional Review Act (‘‘CRA’’) (5 

U.S.C. 801 et seq.), as the CRA provides 

an exemption for any rule relating to 

agency management or personnel and 

for rules relating to agency organization, 

procedure, or practice that does not 

substantially affect the rights or 

obligations of non-agency parties. 

Assistance Listing Number 

The Assistance Listing Numbers 

assigned to the programs affected by this 

final rule are 10.405—‘‘Farm Labor 

Housing Loans and Grants,’’ 10.415— 

‘‘Rural Rental Housing Loans,’’ 10.427— 

‘‘Rural Rental Assistance Payments,’’ 

and 10.766—‘‘Community Facilities 

Loans and Grants.’’ The Assistance 

Listings are available at SAM.gov. 

Paperwork Reduction Act 

This final rule contains no reporting 

or recordkeeping provisions under OMB 

Control Numbers 0575–0015 and 0575– 

0089 requiring OMB approval under the 

Paperwork Reduction Act of 1995 (44 

U.S.C. chapter 35). 

National Environmental Policy Act 

In accordance with the National 

Environmental Policy Act of 1969, 

Public Law 91–190, this final rule has 

been reviewed in accordance with 7 

CFR part 1970 (‘‘Environmental Policies 

and Procedures’’). The Agency has 

determined that: (i) this action meets the 

criteria established in 7 CFR 1970.53(f); 

(ii) no extraordinary circumstances 

exist; and (iii) the action is not 

‘‘connected’’ to other actions with 

potentially significant impacts, is not 

considered a ‘‘cumulative action’’ and is 

not precluded by 40 CFR 1506.1. 

Therefore, the Agency has determined 

that this action does not have a 

significant effect on the human 

environment, and therefore neither an 

Environmental Assessment nor an 

Environmental Impact Statement is 

required. 

Regulatory Flexibility Act Certification 

This final rule has been reviewed 

with regard to the requirements of the 

Regulatory Flexibility Act (5 U.S.C. 

601–612). The undersigned has 

determined and certified by signature 

on this document that this final rule 

will not have a significant economic 

impact on a substantial number of small 

entities since this rulemaking action 

does not involve a new or expanded 

program nor does it require any more 

action on the part of a small business 

than required of a large entity. 

Administrative Pay-As-You-Go Act of 

2023 

Section 270 of the Administrative 

Pay-As-You-Go Act of 2023 (Pub. L. 

118–5, div. B, title III, 137 Stat 31) 

amended 5 U.S.C. 801(a)(2)(A) to 

require U.S. Government Accountability 

Office (GAO) to assess agency 

compliance with the Act, which 

establishes requirements for 

administrative actions that affect direct 

spending, in GAO’s major rule reports. 

The Act does not apply to this rule 

because it does not increase direct 

spending. 

Unfunded Mandates Reform Act 

Title II of the Unfunded Mandates 

Reform Act (UMRA), Public Law 104–4 

(2 U.S.C. 1501 et seq.), establishes 

requirements for Federal Agencies to 

assess the effects of their regulatory 

actions on State, local, and tribal 

Governments and on the private sector. 

Under section 202 of the UMRA, 

Federal Agencies generally must 

prepare a written statement, including 

cost-benefit analysis, for proposed and 

final rules with ‘‘Federal mandates’’ that 

may result in expenditures to State, 

local, or tribal Governments, in the 

aggregate, or to the private sector, of 

$100 million or more in any one year. 

When such a statement is needed for a 

rule, section 205 of the UMRA generally 

requires a Federal Agency to identify 

and consider a reasonable number of 

regulatory alternatives and adopt the 

least costly, most cost-effective, or least 

burdensome alternative that achieves 

the objectives of the rule. 

This final rule contains no Federal 

mandates (under the regulatory 

provisions of title II of the UMRA) for 

State, local, and tribal Governments or 

for the private sector. Therefore, this 

final rule is not subject to the 

requirements of sections 202 and 205 of 

the UMRA. 

E-Government Act Compliance 

RD is committed to the E-Government 

Act (44 U.S.C. 101 et seq.), which 

requires Government agencies in general 

to provide the public the option of 

submitting information or transacting 

business electronically to the maximum 

extent possible and to promote the use 

of the internet and other information 

technologies to provide increased 

opportunities for citizen access to 

Government information and services, 

and for other purposes. 

Civil Rights Impact Analysis 

RD has reviewed this final rule in 

accordance with USDA Regulation 

4300–4, Civil Rights Impact Analysis, to 

identify any major civil rights impacts 

the rule might have on program 

participants on the basis of age, race, 

color, national origin, sex, disability, or 

marital or familial status. Based on the 

review and analysis of this final rule 

and all available data, issuance of this 

final rule is not likely to negatively 

impact low and moderate-income 

populations, minority populations, 

women, Indian tribes, or persons with 

disability, by virtue of their age, race, 

color, national origin, sex, disability, or 

marital or familial status. No major civil 

rights impact is likely to result from this 

final rule. 

USDA 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, 

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, 


lotter on DSK11XQN23PROD with RULES1
Federal Register / Vol. 89, No. 235 / Friday, December 6, 2024 / Rules and Regulations 96859 

audiotape, American Sign Language) 

should contact the responsible Mission 

Area, agency, or 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 

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. 

List of Subjects 

7 CFR Part 1942 

Business and industry, Community 

facilities, Fire prevention, Grant 

programs—business, Grant programs— 

housing and community development, 

Grant programs—Indians, Indians, Loan 

programs—agriculture, Loan programs— 

housing and community development, 

Loan programs—Indians, Loan 

programs—natural resources, Reporting 

and recordkeeping requirements, Rural 

areas, Soil conservation, Waste 

treatment and disposal, Water supply, 

Watersheds. 

7 CFR Part 3560 

Accounting, Administrative practice 

and procedure, Aged, Conflicts of 

interest, Government property 

management, Grant programs—housing 

and community development, 

Insurance, Loan programs—agriculture, 

Loan programs—housing and 

community development, Low- and 

moderate-income housing, Migrant 

labor, Mortgages, Nonprofit 

organizations, Public housing, Rent 

subsidies, Reporting and recordkeeping 

requirements, Rural areas. 

7 CFR Part 3570 

Administrative practice and 

procedure, Fair housing, Grant 

programs—housing and community 

development, Housing, Low- and 

moderate-income housing, Reporting 

and recordkeeping requirements, Rural 

areas. 

7 CFR Part 5001 

Business and industry, Community 

development, Community facilities, 

Energy conservation, Fees, Loan 

programs—natural resources, 

Renewable energy, Rural areas, Rural 

development, Water and waste disposal. 

Accordingly, for the reasons set forth 

in the preamble, the Agency amends 7 

CFR parts 1942, 3560, 3570, and 5001 as 

follows: 

PART 1942—ASSOCIATIONS 

■ 1. The authority citation for part 1942 

continues to read as follows: 

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

Subpart A—Community Facility Loans 

§ 1942.17 Community facilities. 

■ 2. Revise and republish § 1942.17 

paragraphs (q)(4) and (5) to read as 

follows: 

* * * * * 

(q) * * * 

(4) Audits. Any applicant that 

expends $1 million or more in Federal 

financial assistance during their fiscal 

year must submit an audit report 

conducted in accordance with 2 CFR 

part 200, subpart F, ‘‘Audit 

Requirements.’’ Applicants expending 

less than $1 million in Federal financial 

assistance per fiscal year are exempt 

from 2 CFR part 200 audit requirements. 

All audits are to be performed in 

accordance with the latest revision of 

the Generally Accepted Government 

Accounting Standards (GAGAS), 

developed by the Comptroller General 

of the United States. Further guidance 

on preparing an acceptable audit can be 

obtained from any Agency office. It is 

not intended that audits required by this 

part be separate and apart from audits 

performed in accordance with State and 

local laws. To the extent feasible, the 

audit work should be done in 

conjunction with those audits. Audits 

should be supplied to the Processing 

Official within the timeframes stated in 

paragraph (f) of this section. OMB 

Circulars and Agency Compliance 

Supplements are available in any 

USDA/Agency office or OMB’s website. 

Any state, local government, or Indian 

tribe that is required by constitution or 

state statute, in effect on January 1, 

1987, to undergo its audits less 

frequently than annually, is permitted to 

undergo its audits biennially, pursuant 

to 2 CFR 200.504(a). This requirement 

must still be in effect for the biennial 

period. Any nonprofit organization that 

had biennial audits for all biennial 

periods ending between July 1, 1992, 

and January 1, 1995, is permitted to 

undergo its audits biennially, pursuant 

to 2 CFR 200.504(b). All biennial audits 

must cover both years within the 

biennial period. 

(5) Exemption from audits. Except as 

noted in 2 CFR 200.503, ‘‘Relation to 

other audit requirement,’’ public bodies 

or nonprofits expending less than $1 

million in Federal awards during its 

fiscal year, whose payments are current, 

and are having no signs of operational 

or financial difficulty may submit a 

management report. A management 

report, at a minimum, will include a 

balance sheet and income and expense 

statement. Financial information may be 

reported on Form RD 442–2, ‘‘Statement 

of Budget, Income and Equity’’ and RD 

Form 442–3, ‘‘Balance Sheet’’, or 

similar. The following management data 

will be submitted by the borrower to the 

servicing office. Records must be 

available for review or audit by 

appropriate officials of the Federal 

agency, pass-through entity, and 

Government Accountability Office 

(GAO). 

* * * * * 

PART 3560—DIRECT MULTI-FAMILY 

HOUSING LOANS AND GRANTS 

■ 3. The authority citation for part 3560 

continues to read as follows: 

Authority: 42 U.S.C. 1480. 

Subpart G—Financial Management 

■ 4. Revise and republish § 3560.308 

paragraphs (a)(2) and (3) to read as 

follows: 

§ 3560.308 Annual financial reports. 

* * * * * 

(a) * * * 

(2) Non-profit borrowers that receive 

$1 million or more in combined Federal 

financial assistance must meet the audit 

requirements set forth by OMB, Uniform 

Administrative Requirements, Cost 

Principles, and Audit Requirements for 

Federal Awards, found at 2 CFR parts 

200 and 400. Borrowers must provide a 

copy of this audit to RHS in compliance 

with these financial reporting 

requirements. 

(3) Non-profit borrowers that receive 

less than $1 million, and for-profit 

borrowers that receive less than 

$500,000 in combined Federal financial 

assistance will submit annual owner 

certified prescribed forms on the accrual 

method of accounting in accordance 

with the Statements on Standards for 

Accounting and Review Services 

promulgated by the Accounting and 


lotter on DSK11XQN23PROD with RULES1
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 


lotter on DSK11XQN23PROD with RULES1