§ 1930.101 - General.  


Latest version.
  • This subpart prescribes the policies, authorizations, and procedures for management and supervision of all of the following Farmers Home Administration (FmHA) or its successor agency under Public Law 103-354 Multiple Family Housing (MFH) loan and grant recipients:

    (a) Farm Labor Housing (LH).

    (b) Rural Rental Housing (RRH) including congregate housing.

    (c) Rural Cooperative Housing (RCH).

    (d) Rural Housing Site Loans (RHS).

    (e) Special provisions and exceptions.

    (1) Unless otherwise specified in this subpart and except for exhibit C of this subpart, individual type RRH borrowers who were not required by program regulation to execute a loan agreement are exempted from the requirements of this subpart as long as the borrower is not in default of any program requirement, security instrument, payment, or any other agreement with FmHA or its successor agency under Public Law 103-354. However, these borrowers must provide evidence of tenant income eligibility by properly completing Form FmHA or its successor agency under Public Law 103-354 1944-8, “Tenant Certification,” for each tenant as required by the Forms Manual Insert (FMI), except in LH situations where the tenant is not paying rent.

    (2) The State Director may require any borrower determined to be in default of any program requirement, security instrument, payment, or other agreement with FmHA or its successor agency under Public Law 103-354, or when otherwise failing to meet the program objectives, to comply with any appropriate section of this subpart to assure that the loan objectives are met.

    (3) For RHS borrowers, the following sections of this subpart do not apply: §§1930.108, 1930.122, and 1930.141.