Rule2023-15202

Loan Guarantees Under the Section 538 Guaranteed Rural Rental Housing Program

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
July 19, 2023
Effective
July 19, 2023

Issuing agencies

Agriculture DepartmentRural Housing Service

Abstract

The Rural Housing Service (RHS or Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is correcting a rule document that published in the Federal Register on April 28, 2023, entitled, "Loan Guarantees Under the Section 538 Guaranteed Rural Rental Housing Program." The purpose of the notification was to announce updates in the process of submitting complete applications, updating the names and contact information for key personnel and changes in priority scoring. The purpose of this notification is to correct inadvertent errors that were previously published in the rule document on April 28, 2023, in the Federal Register.

Full Text

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<title>Federal Register, Volume 88 Issue 137 (Wednesday, July 19, 2023)</title>
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[Federal Register Volume 88, Number 137 (Wednesday, July 19, 2023)]
[Rules and Regulations]
[Pages 46047-46048]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-15202]



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Rules and Regulations
                                                Federal Register
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Federal Register / Vol. 88 , No. 137 / Wednesday, July 19, 2023 / 
Rules and Regulations

[[Page 46047]]



DEPARTMENT OF AGRICULTURE

Rural Housing Service

7 CFR Part 3565

[Docket No. RHS-23-MFH-0008]


Loan Guarantees Under the Section 538 Guaranteed Rural Rental 
Housing Program

AGENCY: Rural Housing Service, USDA.

ACTION: Notification and updates to previous rule document; correction.

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SUMMARY: The Rural Housing Service (RHS or Agency), a Rural Development 
(RD) agency of the United States Department of Agriculture (USDA), is 
correcting a rule document that published in the Federal Register on 
April 28, 2023, entitled, ``Loan Guarantees Under the Section 538 
Guaranteed Rural Rental Housing Program.'' The purpose of the 
notification was to announce updates in the process of submitting 
complete applications, updating the names and contact information for 
key personnel and changes in priority scoring. The purpose of this 
notification is to correct inadvertent errors that were previously 
published in the rule document on April 28, 2023, in the Federal 
Register.

DATES: The effective date of the correction is July 19, 2023.

FOR FURTHER INFORMATION CONTACT: Jonathan Bell, Director, Processing 
and Report Review Branches, Production and Preservation Division, 
Multifamily housing Programs, Rural Development, United States 
Department of Agriculture, via email: <a href="/cdn-cgi/l/email-protection#6b262d231b1904080e181802050c5a2b1e180f0a450c041d"><span class="__cf_email__" data-cfemail="5419121c24263b373127273d3a336514212730357a333b22">[email&#160;protected]</span></a> or 
telephone: (254) 742-9764. This number is not toll-free. Hearing or 
speech impaired persons may access that number by calling the Federal 
Information Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION: 

Correction

    In the Federal Register of April 28, 2023, in FR Doc. 2023-08952 
(88 FR 26221), make the following corrections:
    (1) On page 26223 in the first column, under Section III, insert 
the following language after the first paragraph:
    System for Award Management and Unique Entity Identifier.
    (a) At the time of application, each applicant must have an active 
registration in the System for Award Management (SAM) before submitting 
its application in accordance with 2 CFR part 25. To register in SAM, 
entities will be required to obtain a Unique Entity Identifier (UEI). 
Instructions for obtaining the UEI are available at <a href="https://sam.gov/content/entity-registration">https://sam.gov/content/entity-registration</a>.
    (b) Applicants must maintain an active SAM registration, with 
current, accurate and complete information, at all times during which 
it has an active Federal award or an application under consideration by 
a Federal awarding agency.
    (c) Applicant must ensure they complete the Financial Assistance 
General Representations and Certifications in SAM.
    (d) Applicants must provide a valid UEI in its application, unless 
determined exempt under 2 CFR 25.110.
    (e) The Agency will not make an award until the applicant has 
complied with all SAM requirements including providing the UEI. If an 
applicant has not fully complied with the requirements by the time the 
Agency is ready to make an award, the Agency may determine that the 
applicant is not qualified to receive a Federal award and use that 
determination as a basis for making a Federal award to another 
applicant.
    (2) On page 26223 in the third column, correct the last paragraph 
to read as follows:
    In compliance with Agency guidance to determine the lender's 
(participants) eligibility, the Agency is responsible for screening 
lenders in the Do Not Pay Portal for the following: (1) Credit Alert 
System (CAIVRS); (2) System for Award Management Entity Registration 
Records (SAMENT); (3) System for Award Management Exclusion Records-
Restricted (SAM-EXCL-RES) and (4) Treasury Offset Program Debt Check 
(DBCK). If the lender is a non-profit, the Agency will also screen for 
Internal Revenue Service (IRS) Automatic Revocation of Exemption List 
(ARL). Screening will take place when the lender submits a complete 
application to the Agency. At the time of application, each applicant 
must have an active registration in the System for Award (SAM) before 
submitting its application in accordance with 2 CFR 25.200. To register 
in SAM, entities will be required to create a Unique Entity Identifier 
(UEI). Instructions for obtaining the UEI are available at <a href="https://sam.gov/content/entity-registration">https://sam.gov/content/entity-registration</a>. Further information regarding SAM 
registration and the UEI can be found in this notice.
    (3) On page 26224 in the first column, correct the first paragraph 
to read as follows:
    Also, as part of the complete application package, the lender must 
provide a list of all the lender's principals (in accordance with the 
definition below) in the organization. This information will be used to 
screen the lender's principals in the Do Not Pay Portal for SAM-EXCL-
RES at the application stage.
    (4) On page 26225 in the first column, correct the second paragraph 
to read:
    i. In accordance with 2 CFR 180.300, the lender must verify and 
provide documentation to the Agency that the borrowing entity and the 
borrowing entity's principals; and the borrower's management agent and 
the management agent's principals are not excluded or disqualified by:
    A. Checking SAM Exclusions (<a href="https://sam.gov">https://sam.gov</a>); or
    B. Collecting a certification; or
    C. Adding a clause or condition to the covered transaction.
    (5) On page 26225 in the second column, delete the fifth bullet 
under (2) that reads:
    ``The lender must provide to the Agency a certification from the 
borrower that the borrower is not under any State or Federal order 
suspending or debarring participation in State or Federal loan programs 
and that the borrower is not delinquent on any nontax obligation to the 
United States.''
    (6) On page 26226 in the third column, correct the first bullet to 
read as follows:
    [squ] In accordance with 2 CFR 180.300, the lender must verify and 
provide documentation to the Agency that the property management entity 
and the

[[Page 46048]]

property management entity's principals are not excluded or 
disqualified by:
    a. Checking SAM Exclusions (<a href="https://sam.gov">https://sam.gov</a>); or
    b. Collecting a certification; or
    c. Adding a clause or condition to the covered transaction.
    (7) On page 26227, in the second column, in the fourth complete 
paragraph, revise the first line to add ``3'' after Priority and before 
the emdash to be consistent with numbering sequence.

Cathy Glover,
Acting Administrator, Rural Housing Service.
[FR Doc. 2023-15202 Filed 7-18-23; 8:45 am]
BILLING CODE 3410-XV-P


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Indexed from Federal Register on July 19, 2023.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.