Eligibility requirements for off-farm labor housing loans and grants.

CFR · 2024-01-01 · US · Title 7

(a) (1) A broad-based nonprofit organization, a nonprofit organization of farmworkers, a federally recognized Indian tribe, a community organization, or an agency or political subdivision of State or local government, and must meet the requirements of § 3560.55, excluding § 3560.55(a)(6). A broad-based nonprofit organization is a nonprofit organization that has a membership that reflects a variety of interests in the area where the housing will be located; or (2) A limited partnership with a non-profit general partner which meets the requirements of § 3560.55(d). (b) (1) Meet the requirements in § 3560.555(a)(1); and (2) Be able to contribute at least one-tenth of the total farm labor housing development cost from its own or other resources. The applicant's contribution must be available at the time of grant closing. An off-farm labor housing loan financed by RHS may be used to meet this requirement. (c)

official document · source cfr-2024 · id 7:§ 3560.555