2026-18173NoticeWallet

Rural Loans Get a Digital Facelift, Comment by November

Published Date: 9/4/2026

Notice

Summary

The USDA is updating how it collects info for the Rural Development Loan Modernization Initiative, which helps rural businesses and communities get loans. They want your thoughts on making the process easier and clearer, with comments due by November 3, 2026. This update aims to keep things smooth without adding extra hassle or costs for folks involved.

Analyzed Economic Effects

3 provisions identified: 1 benefits, 2 costs, 0 mixed.

Data Submission Affects Eligibility

Providing the requested data is voluntary, but the notice says failure to provide data could result in program benefits being withheld or denied. The data furnished will be used to determine eligibility for program benefits under the Rural Development Loan Modernization Initiative.

New Online RD Loan Application

USDA Rural Development is launching a modern online loan application platform with a single customer file, step-by-step intake tools, and online payments to manage active files in one place. The initial release will be available for the Rural Business-Cooperative Service (Business and Industry Guaranteed Loan Program), Rural Housing Service (Community Facilities programs), and Rural Utilities Service (Water and Environmental Programs).

Estimated Time Burden Per Response

The information collection estimates a public reporting burden averaging 1.06 hours per response. The notice lists 2,800 respondents, 18,563 total responses, and an estimated total annual burden of 19,842 hours.

Personalized for You

How does this regulation affect your finances?

Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Key Dates

Published Date
Comments Due
9/4/2026
11/3/2026

Department and Agencies

Department
Independent Agency
Agency
Agriculture Department
Rural Business-Cooperative Service
Rural Utilities Service
Source: View HTML

Related Federal Register Documents

Previous / Next Documents

Back to Federal Register