Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XXXV - Rural Housing Service, Department of Agriculture |
Part 3560 - Direct Multi-Family Housing Loans and Grants |
Subpart M - On-Farm Labor Housing |
§ 3560.631 - Agency monitoring.
Latest version.
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§ 3560.631 Agency monitoring.
A compliance review and physical inspection will be conducted by the Agency at least once every 3 years. The purpose of this review will be to inspect:
(a) Tenant eligibility documentation;
(b) Financial information on the operation and management of the labor housing, including relevant borrower financial materials;
(c) Payment of taxes, insurance and hazard insurance;
(d) Compliance with the security deposit requirements;
(e) Compliance with the operating plan;
(f) Compliance with the loan agreement;
(g) Compliance with Agency requirements for affordable, decent, safe, and sanitary housing; and
(h) Compliance with civil rights requirements.