OneRD Guarantee Loan Regulation
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Issuing agencies
Abstract
Rural Development's Rural Business-Cooperative Service, Rural Housing Service, and Rural Utilities Service, agencies of the United States Department of Agriculture (USDA), collectively referred to as the Agency in this document, published in the Federal Register on September 30, 2024, a final rule with request for comments. Through this action, the agencies are confirming the final rule as it was published and providing responses to the public comments that were received.
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<title>Federal Register, Volume 90 Issue 237 (Friday, December 12, 2025)</title>
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[Federal Register Volume 90, Number 237 (Friday, December 12, 2025)]
[Rules and Regulations]
[Page 57675]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-22660]
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Rules and Regulations
Federal Register
________________________________________________________________________
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.
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Federal Register / Vol. 90, No. 237 / Friday, December 12, 2025 /
Rules and Regulations
[[Page 57675]]
DEPARTMENT OF AGRICULTURE
Rural Utilities Service
7 CFR Part 5001
[Docket No. RUS-24-AGENCY-0039]
RIN 0572-AC63
OneRD Guarantee Loan Regulation
AGENCY: Rural Business-Cooperative Service, Rural Housing Service,
Rural Utilities Service, USDA.
ACTION: Final rule; confirmation.
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SUMMARY: Rural Development's Rural Business-Cooperative Service, Rural
Housing Service, and Rural Utilities Service, agencies of the United
States Department of Agriculture (USDA), collectively referred to as
the Agency in this document, published in the Federal Register on
September 30, 2024, a final rule with request for comments. Through
this action, the agencies are confirming the final rule as it was
published and providing responses to the public comments that were
received.
DATES: The final rule published at 89 FR 79698 on September 30, 2024,
is effective and confirmed as of November 29, 2024.
FOR FURTHER INFORMATION CONTACT: Brian Wiles, Director of Guaranteed
Lending, Rural Business-Cooperative Service, United States Department
of Agriculture, 1400 Independence Avenue SW, Mail Stop 3201, Room 5803-
South, Washington, DC 20250-3201, via phone 405-612-4839 or
<a href="/cdn-cgi/l/email-protection#6b0919020a05451c02070e182b1e180f0a450c041d"><span class="__cf_email__" data-cfemail="6b0919020a05451c02070e182b1e180f0a450c041d">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The final rule that published September 30,
2024 (89 FR 79698), included a 30-day comment period that ended October
30, 2024. The intent of the rule was to make necessary revisions to 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)
guarantee portfolios.
The Agency received detailed, responsive comments from four
individual respondents. The Agency reviewed the comments and provided
an Agency response below. The Agency has decided to proceed with
implementation of the final rule without further amendments.
Sec. 5001.127 Borrower ineligibility conditions.
Comment: All four comments indicated disagreement with the Agency's
decision to prohibit an entity that receives income from marijuana
operations from receiving Agency assistance.
Agency Response: The Agency is aware that many states have
legalized the production and sale of marijuana; however, marijuana is
currently listed as a schedule I substance under the Controlled
Substances Act (Pub. L. 91-513). As noted in the regulation any entity
that derives income from illegal drugs, drug paraphernalia, or any
other illegal product or activity are ineligible under Federal Statute.
No change to the rulemaking is necessary. The Agency appreciates
the comments received. The Agency confirms the final rule without
change.
Joseph Gilson,
Chief of Staff, Rural Development.
[FR Doc. 2025-22660 Filed 12-11-25; 8:45 am]
BILLING CODE 3410-XP-P
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