Dive into the intricacies of the USDA’s OneRD Guarantee Loan Program and its recent rule revisions. This course provides an essential guide for enhancing management and oversight of guarantee portfolios, including Community Facilities, Water and Waste Disposal, Business and Industry, and Rural Energy for America. By understanding these updates, you will be equipped to streamline processes, improve compliance, and foster sustainable rural development. Gain insights into borrower and lender eligibility criteria and the critical implications of non-compliance.
In this course you will learn the following:
* Understand the key changes and requirements of the OneRD Guarantee Loan Program.
* Identify borrower, lender, and project eligibility criteria.
* Implement the revised definitions and standards for financial information.
* Recognize the consequences of non-compliance with the new regulations.