{"data":{"id":"us/7-cfr-3560.663","jurisdiction":"us","citation":"7 CFR 3560.663","heading":"Post-payment responsibilities for loans subject to continued restrictive-use provisions.","body":"(a) If a borrower prepays a loan and the housing project remains subject to restrictive-use provisions, the requirements of this section apply after prepayment.\n(b) Owners of prepaid housing projects will be responsible for ensuring that the restrictive-use provisions agreed to as a condition of prepayment are observed.\n(c) Owners must maintain appropriate documentation to demonstrate compliance with the restrictive-use provisions and must make the documentation and the housing project site available for Federal Government inspection upon request.\n(1) Owners must document rent increases in accordance with subpart G of this part.\n(2) Owners must document tenant eligibility in accordance with § 3560.152.\n(3) In an Agency approved format, owners must provide the agency with a signed and dated certification within 30 days of the beginning of each calendar year for the full period of the restrictive-use provisions establishing that the restrictive-use provisions are being met.\n(d) Owners must observe Agency policies on tenant grievances as described in § 3560.160. The Agency may enforce restrictive-use provisions through administrative and legal actions. Tenants may enforce the restrictive-use provisions by contacting the Agency or through legal action. The Agency will release the restrictive-use provisions when the Agency conditions have been met.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XXXV—RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE","PART 3560—DIRECT MULTI-FAMILY HOUSING LOANS AND GRANTS","Subpart N—Housing Preservation"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"cbfc6c40a9805573f58d885f1c2eaaaf6904c3cd59dcdf19e55a127da688c837","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-3560.662","next":"us/7-cfr-3560.664-3560.699"},"notice":"GroundRules: Original legal text. Not legal advice."}