[Federal Register Volume 80, Number 108 (Friday, June 5, 2015)]
[Rules and Regulations]
[Page 31971]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-13463]



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  Federal Register / Vol. 80, No. 108 / Friday, June 5, 2015 / Rules 
and Regulations  

[[Page 31971]]



DEPARTMENT OF AGRICULTURE

Rural Housing Service

7 CFR Part 3550

RIN 0575-AC88


Single Family Housing Direct Loan Program

AGENCY: Rural Housing Service, USDA.

ACTION: Final rule; deferral of effective date.

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SUMMARY: On April 29, 2015, the Rural Housing Service (RHS) published a 
final rule to create a certified loan application packaging process for 
the direct single family housing loan program. The effective date was 
listed as July 28, 2015 and is being deferred to October 1, 2015.

DATES: Effective date: The effective date of the final rule published 
April 29, 2015 (80 FR 23673) is deferred from July 28, 2015, to October 
1, 2015.

FOR FURTHER INFORMATION CONTACT: Brooke Baumann, Branch Chief, Single 
Family Housing Direct Loan Division, USDA Rural Development, Stop 0783, 
1400 Independence Avenue SW., Washington, DC 20250-0783, Telephone: 
202-690-4250. Email: [email protected].

SUPPLEMENTARY INFORMATION: In December 2014, the existing 
intermediaries under the pilot were informed that the pilot would end 
with the effective date of the final rule to create a certified loan 
application packaging process. While this expiration provision for the 
pilot was known, the actual date came sooner than expected. To allow 
the existing intermediaries under the pilot sufficient time to process 
loan application packages in their queue and to prepare for the 
implementation of the final rule, the effective date for the final rule 
will be deferred to October 1, 2015.

    Dated: May 18, 2015.
Tony Hernandez,
Administrator, Rural Housing Service.
[FR Doc. 2015-13463 Filed 6-4-15; 8:45 am]
 BILLING CODE 3410-XV-P