{"abstract":"The Economic Development Administration (\"EDA\"), U.S. Department of Commerce (\"DOC\"), is issuing this final rule amending the agency's regulations implementing the Public Works and Economic Development Act of 1965, as amended (\"PWEDA\"). The changes incorporate current best practices and strengthen EDA's efforts to evaluate, monitor, and improve performance within the agency's Revolving Loan Fund (\"RLF\") program by establishing the Risk Analysis System, a risk-based management framework, to evaluate and manage the RLF program. To make RLF awards more efficient for Recipients to administer and EDA to monitor, EDA is also reorganizing the RLF regulations and making changes to improve readability and clarify those requirements that apply to the distinct phases of an RLF award. In addition, EDA is updating other parts of its regulations, including revising definitions, replacing references to superseded regulations to reflect the promulgation of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (\"Uniform Guidance\"), streamlining the provisions that outline EDA's application process, and clarifying EDA's property management regulations.","action":"Final rule.","agencies":[{"raw_name":"DEPARTMENT OF COMMERCE","name":"Commerce Department","id":54,"url":"https://www.federalregister.gov/agencies/commerce-department","json_url":"https://www.federalregister.gov/api/v1/agencies/54","parent_id":null,"slug":"commerce-department"},{"raw_name":"Economic Development Administration","name":"Economic Development Administration","id":120,"url":"https://www.federalregister.gov/agencies/economic-development-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/120","parent_id":54,"slug":"economic-development-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2017/12/01/2017-25277.html","cfr_references":[{"chapter":null,"citation_url":null,"part":300,"title":13},{"chapter":null,"citation_url":null,"part":301,"title":13},{"chapter":null,"citation_url":null,"part":302,"title":13},{"chapter":null,"citation_url":null,"part":303,"title":13},{"chapter":null,"citation_url":null,"part":304,"title":13},{"chapter":null,"citation_url":null,"part":305,"title":13},{"chapter":null,"citation_url":null,"part":307,"title":13},{"chapter":null,"citation_url":null,"part":309,"title":13},{"chapter":null,"citation_url":null,"part":314,"title":13}],"citation":"82 FR 57034","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This rule is effective on January 2, 2018.","disposition_notes":null,"docket_ids":["Docket No.: 160519444-7133-01"],"dockets":[],"document_number":"2017-25277","effective_on":"2018-01-02","end_page":57063,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2017/12/01/2017-25277.xml","html_url":"https://www.federalregister.gov/documents/2017/12/01/2017-25277/revolving-loan-fund-program-changes-and-general-updates-to-pweda-regulations","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2017-25277?publication_date=2017-12-01","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2017-12-01/2017-25277/mods.xml","not_received_for_publication":null,"page_length":30,"page_views":{"count":4668,"last_updated":"2026-07-25 18:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2017-12-01/pdf/2017-25277.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2017-25277.pdf?1512049524","publication_date":"2017-12-01","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2017/12/01/2017-25277.txt","regulation_id_number_info":{"0610-AA69":{"issue":"201710","html_url":"https://www.federalregister.gov/regulations/0610-AA69/revolving-loan-fund-program-changes-and-general-updates-to-pweda-regulations","title":"Revolving Loan Fund Program Changes and General Updates to PWEDA Regulations","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201710&RIN=0610-AA69&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["0610-AA69"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"Permitting Additional Eligible Tribal Entities","document_id":"EDA_FRDOC_0001-0027"},{"title":"General Updates and Elimination of Certain Trade Adjustment Assistance for Firms and Public Works and Economic Development Act Regulations","document_id":"EDA_FRDOC_0001-0026"},{"title":"General Updates and Elimination of Certain Trade Adjustment Assistance for Firms and Public Works and Economic Development Act Regulations","document_id":"EDA_FRDOC_0001-0025"},{"title":"Revolving Loan Fund Program Changes and General Updates to Public Works and Economic Development Act Regulations","document_id":"EDA_FRDOC_0001-0024"},{"title":"Elimination of Regulations Implementing Community Trade Adjustment Assistance Program","document_id":"EDA_FRDOC_0001-0023"},{"title":"Regional Innovation Program","document_id":"EDA_FRDOC_0001-0022"},{"title":"Regional Innovation Program","document_id":"EDA_FRDOC_0001-0021"},{"title":"Revolving Loan Fund Program and Public Works and Economic Development Act: Public Meeting","document_id":"EDA_FRDOC_0001-0020"},{"title":"Unified Agenda of Federal Regulatory and Deregulatory Actions","document_id":"EDA_FRDOC_0001-0016"},{"title":"Economic Development Assistance Programs; Revisions","document_id":"EDA_FRDOC_0001-0015"}],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=EDA_FRDOC_0001","supporting_documents_count":0,"docket_id":"EDA_FRDOC_0001","regulation_id_number":null,"title":"Recently Posted EDA Rules and Notices.","checked_regulationsdotgov_at":"2017-12-21T06:00:17Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":57034,"subtype":null,"title":"Revolving Loan Fund Program Changes and General Updates to PWEDA Regulations","toc_doc":"Revolving Loan Fund Program Changes and General Updates to Public Works and Economic Development Act Regulations","toc_subject":null,"topics":["Civil rights","Fees","Grant programs","Reporting and recordkeeping requirements"],"type":"Rule","volume":82}