Unauthorized assistance sources and situations.

CFR · 2024-01-01 · US · Title 7

(a) Unauthorized assistance can be received by a borrower or tenant in the form of loans, grants, interest credit, rental assistance, or other assistance provided by the Agency including assistance received as a result of an incorrect interest rate being applied to an Agency loan. Agency officials may pursue identification and recapture of (b) Unauthorized assistance may result from situations such as: (1) Assistance being provided to an ineligible borrower or tenant; (2) Assistance to an eligible borrower or tenant being used for an unauthorized purpose; (3) Assistance being obtained as a result of inaccurate, incomplete, or fraudulent information provided by a borrower or tenant; or (4) Assistance being obtained as a result of errors by the Agency, borrower, or tenant.

official document · source cfr-2024 · id 7:§ 3560.702