Processing section 515 housing proposals.

CFR · 2024-01-01 · US · Title 7

Processing requirements for farm labor housing proposals are found in subpart L of this part for Off-Farm and subpart M of this part for On-Farm. (a) (2) To be eligible for funding consideration, MFH proposals must be submitted in accordance with the NOFA and must provide information requested in the NOFA for the Agency to score and rank the proposals. (3) MFH proposals needing rental subsidies must include requests for Agency rental assistance or a description of any non-Agency rental subsidy to be used with the proposal and must provide information required by § 3560.260 (c). (4) The Agency will consider housing proposals requesting rental assistance in rank order to the extent rental assistance is available. When there is no rental assistance available, the Agency will consider only those housing proposals in rank order that do not require rental assistance. (b) (1) The proposal was received by the submission deadline specified in the NOFA, (2) The proposal is complete as specified in the NOFA, (3) The proposal is for an authorized purpose, and (4) The applicant meets Agency eligibility requirements. (c) (1) The following criteria will be used to score housing proposals as more completely established in the NOFA: (i) The presence and extent of leveraged assistance in the proposal for the units that will serve tenants meeting Agency income limits at basic rents comparable to what the rent would be if the Agency provided full financing. (ii) The proposal will provide rental

official document · source cfr-2024 · id 7:§ 3560.56