According to the press release, "this expansion continues the Department’s regulatory reforms to make it easier for communities and lenders to access USDA funding.
The OneRD Guarantee Loan Initiative reduced paperwork and adopted a common loan note guarantee application for the Water and Waste Disposal Loan Guarantee Program; the Community Facilities Guaranteed Loan Program; the Business and Industry Guaranteed Loan Program; and the Rural Energy for America Guaranteed Loan Program.
Interested communities can access the announcement here.