USDA confirms rules for rural development loans, ignoring calls for more flexibility

The US Department of Agriculture confirmed its final rules for a rural loan guarantee program. This means the rules will stay as they were first published, despite public comments asking for changes.

The USDA's OneRD Guarantee Loan program helps finance essential services and businesses in rural areas. By confirming the rules without changes, the agency signals it will stick to its current approach for distributing these funds. This means the program will continue to operate under the same conditions, affecting how rural businesses and communities access capital.