7 C.F.R. § 3560.631

Agency monitoring.

Last amended: 2016Year: 2026Length: 94 wordsSubsections: 8Official source

Cite as 7 C.F.R. § 3560.631 (2026)

A compliance review and physical inspection will be conducted by the Agency at least once every 3 years. The purpose of this review will be to inspect: (a) Tenant eligibility documentation; (b) Financial information on the operation and management of the labor housing, including relevant borrower financial materials; (c) Payment of taxes, insurance and hazard insurance; (d) Compliance with the security deposit requirements; (e) Compliance with the operating plan; (f) Compliance with the loan agreement; (g) Compliance with Agency requirements for affordable, decent, safe, and sanitary housing; and (h) Compliance with civil rights requirements.
7 C.F.R. § 3560.631: Agency monitoring. | Justis AI