Data / Federal rules / 2024-05571
Changes Related to Reserve Account Administration in Multi-Family Housing (MFH) Direct Loan Programs
The Rural Housing Service published this final rule in the Federal Register on March 18, 2024. It took effect on April 17, 2024.
SpecStream is the live web data engine for teams and agents. It reads every rule and proposed rule in the Federal Register each morning, and this page is that reading. Name your industry once and new rules, comment deadlines and effective dates arrive in your sheet, CRM, Slack or agent as they are published.
What the agency says
The Rural Housing Service (RHS or Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is updating its regulations and implementing changes related to the administration of property reserve accounts under the Multi-Family Housing (MFH) section 515, Rural Rental Housing (RRH), and section 514, 516 Farm Labor Housing (FLH) programs. This final rule will increase flexibility in project refinancing for additional capital improvements needed at MFH section 515, RRH, and section 514, 516 FLH properties.
Key facts
- Document number
- 2024-05571
- Type
- Final rule
- Action
- Final rule
- Agency
- Agriculture Department; Rural Housing Service
- Published
- March 18, 2024
- Takes effect
- April 17, 2024
- Dates
- This final rule is effective April 17, 2024.
- Docket
- Docket #: RHS-23-MFH-0025
- Regulation ID (RIN)
- 0575-AD23
- Code of Federal Regulations
- 7 CFR 3560
- Topics
- Accounting; Administrative practice and procedure; Aged; Government property management; Grant programs-housing and community development; Insurance; Loan programs-agriculture; Loan programs-housing and community development; Low and moderate income housing; Migrant labor; Mortgages; Nonprofit organizations; Public housing; Rent subsidies; Reporting and recordkeeping requirements; Rural areas
- Pages
- 4
Other documents from the Rural Housing Service
| Document | Type | Published |
|---|---|---|
| Rescission of Rural Development's Construction and Repair Regulation 2026-16914 | Proposed rule | Aug 19 |
| Direct Multifamily Housing Subsequent Loans for Acquisition 2026-13455 | Proposed rule | Jul 2 |
| Changes Related to Insurance Requirements in Multi-Family Housing (MFH) Direct Loan and Grant Programs 2026-07618 | Final rule | Apr 20 |
| Single Family Housing Guaranteed Loan Program-Limited Party Concessions 2026-07617 | Proposed rule | Apr 20 |
| Revisions to the Calculation of Annual Household Income and Net Family Assets in the Section 515 Rural Rental Housing and Section 514/516 Farm Labor Housing Programs 2026-07064 | Final rule | Apr 13 |
| Multi-Family Housing Simple Transfer Pilot Program 2026-06951 | Final rule | Apr 10 |
| Single Family Housing Guaranteed Loan Program-Income Producing Accessory Dwelling Unit (ADU) Provisions 2026-06173 · significant | Proposed rule | Mar 31 |
| Single Family Housing Guaranteed Loan Program 2026-05387 · significant | Final rule | Mar 19 |
Everything from the Rural Housing Service · Rules on accounting · Rules on administrative practice and procedure · Rules on aged · Published in March 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.