Transcription of CHAPTER 6: PROJECT OCCUPANCY - USDA Rural Development
{{id}} {{{paragraph}}}
Example: marketing
CHAPTER 6: PROJECT OCCUPANCY - USDA Rural Development
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. The screening criteria may not contain arbitrary or discriminatory rejection criteria, but may consider an applicant s past rental and credit history and relations with other tenants.
Elderly families: A household where the tenant, co-tenant, member, or co-member is at least 62 years old, or disabled, as defined below. An elderly family may include a person younger than 62 years of age. (To receive an elderly family deduction, the person who is elderly, disabled must be the tenant, cotenant, member, or co-member.)
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: