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Home Page > Executive Branch > Code of Federal Regulations > Electronic Code of Federal Regulations

e-CFR Data is current as of February 4, 2010
TITLE 7--Agriculture
Subtitle B--REGULATIONS OF THE DEPARTMENT OF AGRICULTURE
CHAPTER XXXV--RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE
SUBCHAPTER I--ADMINISTRATIVE REGULATIONS
PART 3560--DIRECT MULTI-FAMILY HOUSING LOANS AND GRANTS
Subpart A--GENERAL PROVISIONS AND DEFINITIONS
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| Applicability and purpose. |
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| Environmental requirements. |
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| Compliance with other Federal requirements. |
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| State, local or tribal laws. |
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| Borrower responsibility and requirements. |
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| Delegation of responsibility. |
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| Administrator's exception authority. |
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Subpart B--DIRECT LOAN AND GRANT ORIGINATION
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| Restrictions on the use of funds. |
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| Applicant eligibility requirements. |
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| Processing section 515 housing proposals. |
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| Designated places for section 515 housing. |
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| Environmental requirements. |
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| Technical, legal, insurance, and other services. |
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| Initial operating capital contribution. |
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| Participation with other funding or financing sources. |
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| Rates and terms for section 515 loans. |
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| Permitted return on investment (ROI). |
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| Supplemental requirements for congregate housing and group homes. |
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| Supplemental requirements for manufactured housing. |
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Subpart C--BORROWER MANAGEMENT AND OPERATIONS RESPONSIBILITIES
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| Housing project management. |
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| Maintaining housing projects. |
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Subpart D--MULTI-FAMILY HOUSING OCCUPANCY
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| Calculation of household income and assets. |
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| Assignment of rental units and occupancy policies. |
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| Changes in tenant eligibility. |
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| Termination of occupancy. |
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Subpart E--RENTS
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| Establishing rents and utility allowances. |
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| Security deposits and membership fees. |
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| Rent and utility allowance changes. |
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| Conversion to Plan II (Interest Credit). |
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| Annual adjustment factors for Section 8 units. |
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| Rents during eviction or failure to recertify. |
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| Special note rents (SNRs). |
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Subpart F--RENTAL SUBSIDIES
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| Authorized rental subsidies. |
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| Eligibility for rental assistance. |
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| Requesting rental assistance. |
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| Rental assistance payments. |
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| Assigning rental assistance. |
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| Transferring rental assistance. |
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| Rental subsidies from non-Agency sources. |
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| Improperly advanced rental assistance. |
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Subpart G--FINANCIAL MANAGEMENT
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| Accounting, bookkeeping, budgeting, and financial management systems. |
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| Initial operating capital. |
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| Annual financial reports. |
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| Advancement (loan) of funds to a RRH project by the owner, member of the organization, or agent of the owner. |
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Subpart H--AGENCY MONITORING
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| Agency monitoring scope, purpose, and borrower responsibilities. |
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| Scheduling of on-site monitoring reviews. |
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| Borrower response to monitoring review notifications. |
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Subpart I--SERVICING
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| Borrower organizational structure or ownership interest changes. |
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| MFH ownership transfers or sales. |
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| Sales or other disposition of security property. |
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| Lease of security property. |
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| Subordinations or junior liens against security property. |
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Subpart J--SPECIAL SERVICING, ENFORCEMENT, LIQUIDATION, AND OTHER ACTIONS
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| Monetary and non-monetary defaults. |
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| Special servicing actions related to housing operations. |
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| Special servicing actions related to loan accounts. |
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| Negotiated debt settlement. |
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| Special property circumstances. |
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| Special borrower circumstances. |
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| Obstruction of Federal audits. |
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Subpart K--MANAGEMENT AND DISPOSITION OF REAL ESTATE OWNED (REO) PROPERTIES
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| Tenant notifications and assistance. |
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| Disposition of REO property. |
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| Sales price and bidding process. |
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| Agency loans to finance purchases of REO properties. |
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| Conversion of single family type REO property to MFH use. |
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Subpart L--OFF-FARM LABOR HOUSING
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| Use of funds restrictions. |
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| Eligibility requirements for off-farm labor housing loans and grants. |
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| Application requirements and processing. |
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| Design and construction requirements. |
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| Technical, legal, insurance and other services. |
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| Initial operating capital. |
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| Participation with other funding or financing sources. |
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| Loan and grant rates and terms. |
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| Establishing the profit base on initial investment. |
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| Supplemental requirements for seasonal off-farm labor housing. |
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| Supplemental requirements for manufactured housing. |
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| Rental structure and changes. |
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| Tenant priorities for labor housing. |
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| Financial management of labor housing. |
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| Servicing off-farm labor housing. |
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Subpart M--ON-FARM LABOR HOUSING
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| Restrictions on use of funds. |
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| Eligibility requirements. |
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| Application requirements and processing. |
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| Site and construction requirements. |
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| Technical, legal, insurance and other services. |
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| Participation with other funding sources. |
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| Supplemental requirements for on-farm labor housing. |
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| Supplemental requirements for manufactured housing. |
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| Housing management and operations. |
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| Maintaining the physical asset. |
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| Affirmative Fair Housing Marketing Plan. |
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| Response to resident complaints. |
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| Establishing and modifying rental charges. |
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Subpart N--HOUSING PRESERVATION
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| Prepayment and restrictive-use categories. |
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| Tenant notification requirements. |
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| Agency requested extension. |
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| Processing and closing incentive offers. |
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| Borrower rejection of the incentive offer. |
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| Sale or transfer to nonprofit organizations and public bodies. |
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| Acceptance of prepayments. |
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| Restrictive-use provisions and agreements. |
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| Post-payment responsibilities for loans subject to continued restrictive-use provisions. |
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Subpart O--UNAUTHORIZED ASSISTANCE
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| Unauthorized assistance sources and situations. |
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| Identification of unauthorized assistance. |
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| Unauthorized assistance determination notice. |
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| Recapture of unauthorized assistance. |
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| Program participation and corrective actions. |
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| Unauthorized assistance received by tenants. |
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Subpart P--APPRAISALS
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| Appraisal use, request, review, and release. |
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| Agency appraisal standards and requirements. |
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