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CHAPTER 6: PROJECT OCCUPANCY

HB-2-3560 INTRODUCTION The purpose of this CHAPTER is to present the OCCUPANCY rules for multi-family housing projects and the Agency s procedures for determining borrower compliance. Agency procedures for ensuring borrower compliance are summarized at the end of the CHAPTER . SECTION 1: TENANT ELIGIBILITY REQUIREMENTS [7 CFR ] GENERAL ELIGIBILITY INCOME ELIGIBILITY To be admitted to multi-family housing, applicants must meet basic requirements. Have income that does not exceed the limits defined by the Agency; Meet the program definition of an eligible household. A borrower may determine an applicant ineligible for OCCUPANCY based on screening criteria other than those required by the Agency only if such criteria are included in the PROJECT s management plan.

rental or cooperative unit, but not including a resident assistant or chore service ... A student or other seemingly temporary resident of the community who may be considered an eligible tenant when all of the following conditions are met: The student is of legal age in accordance with the applicable state law or is

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Transcription of CHAPTER 6: PROJECT OCCUPANCY

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