RHS: Changes Related to Reserve Account Administration in Multi-Family Housing (MFH) Direct Loan Programs

Notice of final rule from the U.S. Department of Agriculture (USDA) Rural Housing Service (RHS) updating its regulations and implementing changes related to the administration of property reserve accounts under the Multi-Family Housing (MFH) section 515, Rural Rental Housing (RRH), and section 514, 516 Farm Labor Housing (FLH) programs in order to increase flexibility in project refinancing for additional capital improvements. This rule is effective April 17, 2024.

Source: Federal Register updates via the Rural Assistance Center - March 18, 2024 Category: Rural Health Source Type: news