Unnumbered letter - Management of rental assistance

USDA issued an unnumbered letter "Management of rental assistance" dated May 1, 2013.

The letter outlines how the transfer of all RA must be approved by the national office prior to any transfers, in relation to new construction, rehabilitation, ownership transfers, equity loans for preservation and restructuring. 

Section 514 properties also are addressed - "...if such recaptured RA cannot be transferred to another farm labor housing property, the National Office intends to recover the RA units."

Click here to view the unnumbered letter in its entirety.

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