RHS: Single Family Housing Guaranteed Loan Program

Federal Register

Sep 19, 2024

Notice of proposed rule from the United States Department of Agriculture's Rural Housing Service (RHS) proposing to amend the current Single-Family Housing Guaranteed Loan Program (SFHGLP) regulations. Among other things, this rule proposes changes to the requirements for the length of time a prior Agency loss is considered significant derogatory credit and address seasoning requirements and payment performance for refinance transactions and the establishment of a seven-year time frame for the applicant to re-establish credit after a prior loss claim with the Agency before that loss would no longer be considered significant derogatory credit. Comments are due by November 18, 2024.

Funding · Housing and homelessness · Legislation and regulations