Notice2026-04581
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 2026
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
March 9, 2026
Effective
October 1, 2025
Issuing agencies
Agriculture DepartmentRural Business-Cooperative ServiceRural Housing ServiceRural Utilities Service
Abstract
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), hereinafter collectively referred to as the Agency, offer loan guarantees through four programs: Community Facilities (CF) administered by the RHS; Water and Waste Disposal (WWD) administered by the RUS; and Business and Industry (B&I) and Rural Energy for America Program (REAP) administered by the RBCS. This notice provides applicants with the Guarantee Fee rates, Loan Guarantee percentage, the Periodic Retention Fee, and Fee for Issuance of the Loan Note Guarantee Prior to Construction Completion for Fiscal Year (FY) 2026, to be used when applying for guaranteed loans under the guaranteed loan types listed above. Should the fees need to be adjusted, the agency will publish a subsequent notice in the Federal Register.
Full Text
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<title>Federal Register, Volume 91 Issue 45 (Monday, March 9, 2026)</title>
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[Federal Register Volume 91, Number 45 (Monday, March 9, 2026)]
[Notices]
[Pages 11272-11273]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-04581]
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DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Rural Housing Service
Rural Utilities Service
[Docket No. RUS-25-AGENCY-0002]
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 2026
AGENCY: Rural Business-Cooperative Service, Rural Housing Service and
Rural Utilities Service, USDA.
ACTION: Notice.
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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), hereinafter collectively referred to as the Agency,
offer loan guarantees through four programs: Community Facilities (CF)
administered by the RHS; Water and Waste Disposal (WWD) administered by
the RUS; and Business and Industry (B&I) and Rural Energy for America
Program (REAP) administered by the RBCS. This notice provides
applicants with the Guarantee Fee rates, Loan Guarantee percentage, the
Periodic Retention Fee, and Fee for Issuance of the Loan Note Guarantee
Prior to Construction Completion for Fiscal Year (FY) 2026, to be used
when applying for guaranteed loans under the guaranteed loan types
listed above. Should the fees need to be adjusted, the agency will
publish a subsequent notice in the Federal Register.
DATES: The fees in this notice are effective October 1, 2025.
FOR FURTHER INFORMATION CONTACT: For information specific to this
notice contact Crystal Pemberton, Management Analyst, Regulations
Management, Rural Development Innovation Center--Regulations
Management, USDA, 1400 Independence Avenue SW, Washington, DC 20250-
1522. Telephone: 202-260-8621 (This is not a toll-free number). Email:
<a href="/cdn-cgi/l/email-protection#3576474c464154591b655058575047415a5b75404651541b525a43"><span class="__cf_email__" data-cfemail="6320111a1017020f4d33060e010611170c0d23161007024d040c15">[email protected]</span></a>. For information regarding implementation,
contact your respective Rural Development State Office listed at
<a href="http://rd.usda.gov/browse-state">rd.usda.gov/browse-state</a>.
SUPPLEMENTARY INFORMATION: As set forth in 7 CFR part 5001, the Agency
is authorized to charge a guarantee fee, a periodic guarantee retention
fee, a fee for the issuance of the loan note guarantee prior to
construction completion and establish a loan guarantee percentage for
guaranteed loans made under this rule. Pursuant to this and other
applicable authority, and subject to the current appropriated
authority, the Agency is establishing the following for FY 2026:
[[Page 11273]]
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Fee for
issuance of
Periodic loan note
Guarantee fee guarantee Loan guarantee
Loan type (%) retention fee guarantee prior to
(%) percentage (%) construction
completion
(%)
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B&I less than $5M............................... 3.0 .55 85 0.50
B&I $5M to $25M................................. 3.0 .55 80 0.50
B&I Reduced Fee................................. 1.0 .50 80 0.50
B&I project in a high cost, isolated rural area 1.0 0.50 90 0.50
of the State of Alaska that is not connected to
a road system..................................
CF.............................................. 1.25 0.50 80 0.50
REAP............................................ 1.0 0.25 80 0.50
WWD............................................. 1.0 N/A 90 0.50
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The initial guarantee fee is paid at the time the loan note
guarantee is issued. The periodic guarantee retention fee is paid by
the lender to the Agency once a year. Payment of the periodic guarantee
retention fee is required in order to maintain the enforceability of
the guarantee. The fee for issuance of the loan note guarantee prior to
construction completion DOES NOT apply to all construction loans. This
additional fee only applies to loans requesting to receive a loan note
guarantee prior to project completion. 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.
Unless precluded by a subsequent FY 2026 appropriation, these rates
will apply to all guaranteed loans obligated in FY 2026. The amount of
the periodic retention fee on each guaranteed loan will be determined
by multiplying the periodic retention fee rate by the outstanding
principal loan balance as of December 31, multiplied by the percentage
of guarantee.
Non-Discrimination Statement
In accordance with Federal civil rights law and U.S. Department of
Agriculture (USDA) civil rights regulations and policies, the USDA, its
Agencies, offices, and employees, and institutions participating in or
administering USDA programs are prohibited from discriminating based on
race, color, national origin, religion, sex, disability, age, marital
status, family/parental status, income derived from a public assistance
program, political beliefs, or reprisal or retaliation for prior civil
rights activity, in any program or activity conducted or funded by USDA
(not all bases apply to all programs). Remedies and complaint filing
deadlines vary by program or incident.
Persons with disabilities who require alternative means of
communication for program information (e.g., Braille, large print,
audiotape, American Sign Language, etc.) should contact the State or
local Agency that administers the program or contact USDA through the
Telecommunications Relay Service at 711 (voice and TTY). Additionally,
program information may be made available in languages other than
English.
To file a program discrimination complaint, complete the USDA
Program Discrimination Complaint Form, AD-3027, found online at How to
File a Program Discrimination Complaint and at any USDA office or write
a letter addressed to USDA and provide in the letter all of the
information requested in the form. To request a copy of the complaint
form, call (866) 632-9992. Submit your completed form or letter to USDA
by: (1) mail: U.S. Department of Agriculture, Office of the Assistant
Secretary for Civil Rights, 1400 Independence Avenue SW, Mail Stop
9410, Washington, DC 20250-9410; (2) fax: (202) 690-7442; or (3) email:
<a href="/cdn-cgi/l/email-protection#6f1f1d00081d0e024106011b0e040a2f1a1c0b0e41080019"><span class="__cf_email__" data-cfemail="fa8a88959d889b97d493948e9b919fba8f899e9bd49d958c">[email protected]</span></a>.
USDA is an equal opportunity provider, employer, and lender.
Joseph Gilson,
Chief of Staff, Rural Development.
[FR Doc. 2026-04581 Filed 3-6-26; 8:45 am]
BILLING CODE 3410-15-P
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