Federal Register. Announcement of Loan Application Procedures, and Deadlines for the Rural Energy Savings Program (RESP)Start Preamble. USDA Rural Public Safety Agency Grant and Loan Program: Grant Details: Application Due Date: TBA Description: Community Facilities Loans and Grants. Welcome to Loan Repayment/Forgiveness Scholarship Programs : Welcome to the State and Federal Repayment, Loan and Scholarship data base. This searchable data base. AGENCY: Rural Development, Rural Utilities Service, USDA. ACTION: Notice of Solicitation for Applications (NOSA); the RESP Application Process and Deadlines. SUMMARY: The Rural Utilities Service (RUS), an agency of the United States Department of Agriculture (USDA), is soliciting letters of intent for loan applications under the Rural Energy Start Printed Page 4. Savings Program (RESP), announcing the application process for those loans and deadlines for applications from eligible entities. These loans are made available under the authority of Section 6. Farm Security and Rural Investment Act of 2.
Section 6. 40. 7). This notice describes the eligibility requirements, the application process and deadlines, the criteria that will be used by RUS to assess Applicants' creditworthiness, and how to obtain application materials. DATES: The application process consists of two steps. To be considered for this funding, Applicants must submit their documentation no later than the mandatory dates set forth herein. Failure to comply with both of the following deadlines will prevent RUS from considering the Applicant for financial assistance in FY 2. Step 1: To be considered for financing in this fiscal year, an Applicant seeking financing must submit a Letter of intent to apply, as provided herein, in an electronic Portable Document Format (PDF) by electronic mail (email) to RESP@wdc. Late or incomplete Letters of Intent will not be considered by RUS. Step 2: An RESP Applicant that has been invited in writing by RUS to proceed with the loan application, as provided in this NOSA, will have up to sixty (6. The sixty (6. 0) day timeframe will begin from the date the RESP Applicant receives an email with RUS' Invitation to proceed. If the deadline to submit the completed application falls on Saturday, Sunday, or a Federal holiday, the application is due the next business day. Instructions on how to electronically submit the loan application package will be included in the RUS Invitation to proceed to the RESP Applicant. ADDRESSES: Copies of this NOSA and other information on the Rural Energy Savings Program may be obtained by: (1) Contacting Titilayo Ogunyale at (2. Notice.(2) Sending an electronic mail (email) to Titilayo. Ogunyale@wdc. usda. The email must be identified as RESP Notice of Solicitation for Applications in the subject field.(3) The Letter of intent must be submitted by the Applicant in an electronic PDF (PDF) not to exceed 1. Megabytes (1. 0 MB) by electronic mail (email) to RESP@WDC. USDA. GOV on or before the deadline set forth herein. No paper letters of intent will be accepted.(4) The completed loan application package must be submitted electronically following the instructions that will be outlined in the RUS Invitation to proceed to the RESP Applicant. The loan application package must be marked with the subject line “Attention: Titilayo Ogunyale, Senior Advisor; RESP Loan Application.”Start Further Info. FOR FURTHER INFORMATION CONTACT: Titilayo Ogunyale, Senior Advisor, Office of the Administrator, Rural Utilities Service, Rural Development, United States Department of Agriculture, 1. Independence Avenue SW., STOP 1. Room 5. 13. 6- S, Washington DC 2. Telephone: (2. 02) 7. Email: Titilayo. Ogunyale@wdc. End Further Info. End Preamble. Start Supplemental Information. SUPPLEMENTARY INFORMATION: Overview. Federal Agency: Rural Utilities Service (RUS), USDA. Funding Opportunity Title: Rural Energy Savings Program (RESP). Announcement Type: Requests for Letter of intent and Applications. Catalog of Federal Domestic Assistance (CFDA) No.: 1. Dates: Submit the Letter of intent on or before August 5, 2. RUS Invitation to proceed. Administrative Procedure Act Statement. This NOSA is being issued without advance rulemaking or public comment. The Administrative Procedure Act of 1. U. S. C. 5. 53) (APA), has several exemptions to rulemaking requirements. Among them is an exception for a matter relating to “loans, grants, benefits, or contracts.” Furthermore, the 3. USDA has determined, consistent with the APA that making these funds available under this NOSA for the RESP program is in the public interest since the Consolidated Appropriations Act, 2. Pub. 1. 14- 1. 13) appropriated a budget authority of $8,0. Agency launch RESP during the current fiscal year. In order to do this, the Agency decided to move forward with developing procedures for RESP within a NOSA instead of rulemaking in order to meet the statutory mandate to implement this new program. The Agency intends to test this new program this year with available funds under this NOSA and implement a permanent rule based on its findings. Information Collection and Recordkeeping Requirements. In accordance with the Paperwork Reduction Act of 1. U. S. C. RUS invites comments on this information collection. Comments on this notice of information collection must be received by August 2. Comments are invited on (a) whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (b) the accuracy of the agency's estimate of burden including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology. Comments may be sent to Thomas P. Dickson, Acting Director, Program Development and Regulatory Analysis, USDA Rural Utilities Service, 1. Independence Avenue SW., STOP 1. Room 5. 16. 4, South Building, Washington, DC 2. Telephone: (2. 02) 6. Email: Thomas. Dickson@wdc. Title: Rural Energy Savings Program. OMB Control No.: 0. Type of Request: New Collection. Estimate of Burden: Public reporting burden for this collection of information is estimated to average 6. Respondents: For- profit institutions, Not- for- profit institutions, State, Local or Tribal Government. Estimated number of Respondents: 2. Estimated Number of Responses per Respondent: 1. Estimated Total Annual Burden on Respondents: 1,3. Copies of this information collection can be obtained from Rebecca Hunt, Program Development and Regulatory Analysis, at (2. FAX (2. 02) 7. 20- 8. Rebecca. Hunt@wdc. Abstract: The collection of information consists of the items required to be submitted to the agency as part of the Letter of Intent and the application package. Entities seeking Start Printed Page 4. The collection of information is vital for the agency to make informed decisions regarding the eligibility of borrowers and to ensure that funds obtained from the Government under the program are used appropriately (e. Definitions and Rules of Grammatical Construction. For the purpose of RESP, the following terms must have the following meanings: Administrator means the Administrator of the Rural Utilities Service, an agency under the Rural Development mission area of the United States Department of Agriculture. Applicant means an Eligible entity interested in applying for a RESP that is planning to submit a Letter of intent. Commercially available technology means equipment, devices, applications, or systems that have a proven, reliable performance and replicable operating history specific to the proposed application. The equipment, device, application or system is based on established patented design or has been certified by an industry- recognized organization and subject to installation, operating, and maintenance procedures generally accepted by industry practices and standards. Service and replacement parts for the equipment, device, application or system must be readily available in the marketplace with established warranty applicable to parts, labor and performance. Complete application means an application containing all information required by RUS to approve a loan and that is materially complete in form and substance satisfactory to RUS within the specified time. Conditional commitment letter means the notification issued by the Administrator to an RESP Applicant advising it of the total loan amount approved for it as a RESP borrower, the acceptable security arrangement, and such controls and conditions on the RESP borrower's financial, investment, operational and managerial activities deemed necessary by the Administrator to adequately secure the Government's interest. This notification will also describe the accounting standards and audit requirements applicable to the transaction. Conflict of interest means a situation or situations, event or series of events, that jointly or severely undermines an individual's judgement, ability, or commitment to providing an accurate, unbiased, fair and reliable assessment or determination about the cost- effectiveness of the Energy efficiency measures due to self- interest or cannot be justified by the prevailing and sound application of the generally accepted standards and principles of the industry. Eligible entity means an entity described in section C. The activity should result in an objective standard- based technical report containing recommendations on the Energy efficiency measures to reduce energy costs or consumption of the Qualified consumer and an analysis of the estimated benefits and costs of pursuing each recommendation in a payback period not to exceed 1. Energy efficiency measures means for or at property served by an Eligible entity, structural improvements and investments in cost- effective, commercially available technologies to increase energy efficiency. The improvements and investments must be for the purpose of decreasing the Qualified consumer's energy usage or costs.
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