legal · go-v.org

Grant and loan purposes.

CFR · 2024-01-01 · US · Title 7

(a) (b) (c) (1) The applicant owns the home and site and has occupied the home prior to filing an application with RHS; and (2) The mobile or manufactured home is on a permanent foundation or will be put on a permanent foundation with section 504 funds. (d) (1) Reasonable expenses related to obtaining the loan or grant, including legal, architectural and engineering, title clearance, and loan closing fees; and appraisal, surveying, environmental, tax monitoring, and other technical services. (2) The cost of providing special design features or equipment when necessary because of a physical disability of the applicant or a member of the household. (3) Reasonable connection fees, assessments, or the pro rata installation costs for utilities such as water, sewer, electricity, and gas for which the borrower is liable and which are not paid from other funds. (4) Real estate taxes that are due and payable on the property at the time of closing and for the establishment of escrow accounts for real estate taxes, (5) Fees to public and private nonprofit organizations that are tax exempt under the Internal Revenue Code for the development and packaging of applications. (e) (1) Assist in the construction of a new dwelling. (2) Make repairs to a dwelling in such poor condition that when the repairs are completed, the dwelling will continue to have major hazards. (3) Move a mobile home or manufactured home from one site to another. (4) Pay for off-site improvements except for the necessar

official document · source cfr-2024 · id 7:§ 3550.102