WASHINGTON, March 31 -- Rural Housing Service has issued a proposed rule called: Single Family Housing Guaranteed Loan Program-Income Producing Accessory Dwelling Unit (ADU) Provisions.

The proposed rule was published in the Federal Register on March 31 by Anthony Priest, Chief of Staff, Rural Housing Service.

Summary: The Rural Housing Service (RHS or the Agency), an agency of the Rural Development mission area within the United States Department of Agriculture (USDA), is issuing a proposed rule to amend the current Single Family Housing Guaranteed Loan Program (SFHGLP) regulation. These proposed changes are intended to allow the Agency to finance a single family home with a single or multiple income producing Accessory Dwelling Units (A...