RCAC Home Page > News and Publications > Self Help Builder News March 2012 Volume 5 Issue #1 >
502 Direct Loan Program
The interest rate will remain at 3.25% for the month of April.
Administrative Notice (AN) 4621- Environmental Due Diligence
This AN renews the forms and standards previously published last year in AN 4487 to be used for an Environmental Review and provides a timeline for due diligence of the processes.
http://www.rurdev.usda.gov/SupportDocuments/an4621.pdf
Administrative Notice (AN) 4618- Role of the State Environmental Coordinator
This AN updates and replaces the previous AN4541 that describes the roles and responsibilities of the State Environmental Coordinator and the Assistant State Environmental Coordinator.
http://www.rurdev.usda.gov/SupportDocuments/an4618.pdf
Handbook 3550-1 Single Family Housing Direct Loan Income Limits
Income limits were published on January 18, 2012 and last updated on February 8, 2012.
http://www.rurdev.usda.gov/HSF-Direct_Income_Limits.html
Procedure Notice (PN) January 18, 2012
This PN renews the requirement that the self-help housing program is subject to Executive Order 12372 and any new grantee will be required to submit their statement of activities for the Intergovernmental review if active in the state. A clearinghouse point of contact can be obtained from the state RD office.
http://www.rurdev.usda.gov/SupportDocuments/1944i.pdf#page=9
Unnumbered Letter March 1, 2012 Establishing the 2012 Area Loan Limits
This letter outlines the instructions to state offices for preparing the area loan limits to be set for the year. The loan limit may not exceed the local HUD 203(b) limit. The new limits will be effective April 1, 2012.
http://www.rurdev.usda.gov/SupportDocuments/ulmarch12.pdf
Unnumbered Letter November 30, 2011- Modest Housing Determinations
This letter provides guidance on the definition of a modest house by region and provides additional direction on the definition of a modest house.
http://www.rurdev.usda.gov/SupportDocuments/ulnovember11.pdf
Publication
USDA Rural Development 2011 Progress Report
This agency report provides a summary of all funding activity in 2011 and includes agency determined estimates of the jobs created and economic impact of the housing and other programs.
http://www.rurdev.usda.gov/Reports/RD%20Progress%20Report%202011--Smallest(2).pdf
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