Multi-Family Housing Simple Transfer Pilot Program

Document 2026-06951 is a Final Rule published by the Department of Agriculture in the Federal Register on April 10, 2026, with an effective date of December 31, 2027. The Rural Housing Service (RHS) has extended its Simple Transfer Pilot Program until December 31, 2027. This initiative streamlines transfers for certain USDA Section 514 Farm Labor Housing and 515 Rural Rental Housing properties. The program simplifies extensive application requirements, previously applied to all property ownership changes, for less complex transactions. This aims to reduce costs and improve processing times. RHS will evaluate the program's effectiveness, with successful changes potentially incorporated into permanent regulations to encourage property preservation and portfolio revitalization. View the original at https://www.federalregister.gov/documents/2026/04/10/2026-06951/multi-family-housing-simple-transfer-pilot-program.

No. Document 2026-06951 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.