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Data / Federal rules / 2025-10306

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

The Rural Housing Service published this proposed rule in the Federal Register on June 30, 2025. Comments closed on August 29, 2025.

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What the agency says

The Rural Housing Service (RHS or Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), proposes to amend its regulation to implement changes related to income calculation and net family assets for properties that receive funding from the Multi-Family Housing (MFH) Section 515 Rural Rental Housing and the Section 514/516 Farm Labor Housing Direct Loan and Grant programs. These proposed changes are intended to align the Agency's annual income certification requirements with the Housing Opportunity Through Modernization Act of 2016 (HOTMA).

Key facts

Document number
2025-10306
Type
Proposed rule
Action
Proposed rule
Agency
Agriculture Department; Rural Housing Service
Published
June 30, 2025
Comments due
August 29, 2025
Dates
Comments must be submitted on or before August 29, 2025.
Docket
Docket No. RHS-24-MFH-0044
Regulation ID (RIN)
0575-AD44
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
3

The document on federalregister.gov PDF

Other documents from the Rural Housing Service

Everything from the Rural Housing Service · Rules on accounting · Rules on administrative practice and procedure · Rules on aged · Published in June 2025

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