[Federal Register Volume 86, Number 4 (Thursday, January 7, 2021)]
[Notices]
[Pages 1087-1088]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-00005]


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DEPARTMENT OF AGRICULTURE

Rural Business-Cooperative Service

Rural Housing Service

Rural Utilities Service

[Docket No. RUS-20-WATER-0032]


OneRD Annual Notice of Guarantee Fee Rates, Periodic Retention 
Fee Rates, Loan Guarantee Percentage and Fee for Issuance of the Loan 
Note Guarantee Prior to Construction Completion for Fiscal Year 2021; 
correction

AGENCY: Rural Business-Cooperative Service, Rural Housing Service, and 
Rural Utilities Service, USDA.

ACTION: Notice; correction.

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SUMMARY: The Rural Business-Cooperative Service (RBCS), Rural Housing 
Service (RHS), and the Rural Utilities Service (RUS), agencies of the 
Rural Development mission area within the U.S. Department of 
Agriculture (USDA), published a document on Tuesday, September 1, 2020, 
announcing the Guarantee Fee rates, Guarantee percent for Guaranteed 
Loans, the Periodic Retention Fee, and Fee for Issuance of the Loan 
Note Guarantee Prior to Construction Completion for FY 2021, to be used 
when applying for guarantee loans under the aforementioned guarantee 
loan types. The document was missing a guarantee percentage specific to 
the State of Alaska and information regarding collection of the 
periodic guarantee retention fee.

FOR FURTHER INFORMATION CONTACT: For information specific to this 
notice contact Michele Brooks, Director, Regulations Management, Rural 
Development Innovation Center--Regulations Management, USDA, 1400 
Independence Avenue SW, STOP 1522, Room 4266, South Building, 
Washington, DC 20250-1522. Telephone: (202) 690-1078. Email 
[email protected]. For information regarding implementation 
contact your respective Rural Development State Office listed here: 
http://www.rd.usda.gov/browse-state.

SUPPLEMENTARY INFORMATION:

Correction

    In the Federal Register of September 1, 2020, in FR Doc 2020-19288, 
on page 54344, the chart is corrected to read as follows:

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                                                                                                      Fee for
                                                                                                    issuance of
                                                                     Periodic                        loan note
                                                   Guarantee fee     guarantee         Loan          guarantee
                    Loan type                      (percentage)    retention fee     guarantee       prior to
                                                                   (percentage)     percentage     construction
                                                                                                    completion
                                                                                                   (percentage)
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B&I.............................................             3.0             0.5              80             0.5
B&I Reduced Fee.................................             1.0             0.5              80             0.5
A B&I project in a high cost, isolated rural                 1.0             0.5              90             0.5
 area of the State of Alaska that is not
 connected to a road system.....................
CF..............................................             1.5             0.5              80             0.5
REAP............................................             1.0            0.25              80             0.5
WWD.............................................             1.0             N/A              80             0.5
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[[Page 1088]]

On page 54344, in the first column, after the table, add the following 
sentence at the end of the first paragraph: ``For loans where the Loan 
Note Guarantee is issued between October 1 and December 31, the first 
periodic retention fee payment is due January 31 of the second year 
following the date the Loan Note Guarantee was issued.''

Bette B. Brand,
Deputy Undersecretary, Rural Development.
[FR Doc. 2021-00005 Filed 1-6-21; 8:45 am]
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