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

24857 

Vol. 87, No. 81 

Wednesday, April 27, 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 

AGENCY: Rural Business-Cooperative 

Service, Rural Housing Service, Rural 

Utilities Service, USDA. 

ACTION: Final rule; confirmation. 

SUMMARY: Rural Development’s Rural 

Business-Cooperative Service, Rural 

Housing Service, and Rural Utilities 

Service (hereinafter ‘‘the Agency’’), 

agencies of the United States 

Department of Agriculture (USDA), 

published in the Federal Register on 

December 10, 2021, a final rule with 

request for comments. This document 

presents the opportunity for the Agency 

to confirm the final rule as published. 

DATES: As of April 27, 2022, the 

effective date of the final rule published 

December 10, 2021 at 86 FR 70349 and 

corrected February 9, 2022 at 87 FR 

7367 is confirmed. 

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: The 

Agency published a final rule with 

request for comments in the Federal 

Register on December 10, 2021 at 86 FR 

70349. A subsequent correction notice 

was published on February 9, 2022 at 87 

FR 7367. The final rule made necessary 

revisions to the policy and procedures 

which will strengthen oversight and 

management of the growing Community 

Facilities (CF), Water and Waste 

Disposal (WWD), Business and Industry 

(B&I), and Rural Energy for America 

(REAP) guarantee portfolios. This action 

was part of a continuing effort by the 

Agency to improve customer service for 

its lenders and create a more efficient 

work process for its staff. 

The comment period on the final rule 

closed February 8, 2022. The Agency 

did not receive any comments during 

the public comment period on the final 

rule, and therefore confirms the rule 

without change. 

Justin Maxson, 

Deputy Under Secretary, Rural Development. 

[FR Doc. 2022–08695 Filed 4–26–22; 8:45 am] 

BILLING CODE 3410–15–P 

DEPARTMENT OF AGRICULTURE 

Rural Utilities Service 

Rural Housing Service 

Rural Business-Cooperative Service 

7 CFR Part 5001 

[Docket No. RUS–19–Agency–0030] 

OneRD Guaranteed Loan Initiative 

AGENCY: Rural Business-Cooperative 

Service, Rural Housing Service, Rural 

Utilities Service, Department of 

Agriculture (USDA). 

ACTION: Final rule; applicability. 

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 was effective on 

December 10, 2021, and applied to all 

applications filed by an applicant 

pursuant to OneRD on or after that date. 

This document announces which 

provisions could be applied to 

applications pending review, 

conditional commitments, and loans 

made under OneRD since October 1, 

2020. 

DATES: This document applies to the 

final rule issued and effective December 

10, 2021. 

ADDRESSES: For consideration of the 

applicable provisions, contact the USDA 

Rural Development State Office in 

which the project is located. A listing of 

each State Office can be found at 

https://www.rd.usda.gov/about-rd/stateoffices. Information regarding the 

OneRD Guarantee Initiative may be 

found at https://www.rd.usda.gov/onerd

guarantee. 

FOR FURTHER INFORMATION CONTACT: 

Lauren Cusick, Regulations 

Management Division, Rural 

Development Innovation Center, U.S. 

Department of Agriculture, 1400 

Independence Ave. SW, Stop 0793, 

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 

(RUS) issued a final rule that published 

December 10, 2021, at 86 FR 70349. The 

final rule revised the policy and 

procedures to strengthen oversight and 

management of the growing Community 

Facilities (CF), Water and Waste 

Disposal (WWD), Business and Industry 

(B&I), and Rural Energy for America 

(REAP) loan guarantee portfolios. The 

action was part of a continuing effort by 

the Agency to improve customer service 

for its lenders and create a more 

efficient work process for its staff. The 

Agency has determined that certain 

provisions that were effective in the rule 

issued on December 10, 2021, may be 

applied to applications pending review, 

conditional commitments, and loans 

made under 7 CFR part 5001 since 

October 1, 2020. 

Rural Development staff will contact 

lenders that do not have a current 

System for Award Management (SAM) 

registration. Until there is an active 

SAM registration no conditional 

commitment or obligation may be 

executed. The following table provides 

the amendments made in the final rule 

published December 10, 2020, which 

apply to: (1) All new and pending 

applications filed pursuant to 7 CFR 

part 5001; (2) Applications where a 

Conditional Commitment has been 

issued pursuant to 7 CFR part 5001 but 

for which no guarantee has been issued; 

and (3) To lenders with guarantees 

issued pursuant to 7 CFR part 5001: 


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