 |
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 O - Unauthorized Assistance |
§ 3560.701 - General.
Latest version.
-
§ 3560.701 General.
(a) This subpart contains the policies for recapturing unauthorized assistance when the Agency determines that a borrower or tenant was ineligible for, or improperly used, assistance received from the Agency.
(b) The Agency may seek repayment of any unauthorized assistance provided to a borrower or tenant, plus the cost of collection, regardless of whether the unauthorized assistance was due to errors by the Agency, the borrower, or the tenant.