{"data":{"id":"us/7-cfr-3565.153","jurisdiction":"us","citation":"7 CFR 3565.153","heading":"Experience and capacity of borrower.","body":"At the time of application, the lender must certify that the borrower:\n(a) Has the ability and experience to construct or rehabilitate multifamily housing that meets the requirements established by the Agency, the lender and the loan agreement;\n(b) Has the legal and financial capacity to meet all of the obligations of the loan; and\n(c) Has the ability and experience to meet the property management requirements established by the Agency, the lender, and the loan agreement.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XXXV—RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE","PART 3565—GUARANTEED RURAL RENTAL HOUSING PROGRAM","Subpart D—Borrower Eligibility Requirements"],"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":"343458d3372e3a283bffc8c82b6a967aeb15af43b3552598f1b82a3d0321a984","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-3565.152","next":"us/7-cfr-3565.154"},"notice":"GroundRules: Original legal text. Not legal advice."}