{"data":{"id":"us/7-cfr-3565.213","jurisdiction":"us","citation":"7 CFR 3565.213","heading":"Geographic distribution.","body":"The Agency may refuse to guarantee a loan in an area where there is undue risk due to a concentration in the market of properties subject to a Agency guaranteed loan. The Agency will consider the credit quality of the loan and overall market conditions in making a determination of undue risk. If any of the Agency guaranteed loans in the market are experiencing vacancy rates in excess of 15% and the vacancy is due to market conditions, the Agency will invoke this provision and not guarantee the loan.","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 E—Loan 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":"be571b95f9ee542e8d0fb0b9fa02c73687e6cadff2f09bbd62f53242b2053aa7","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-3565.212","next":"us/7-cfr-3565.214"},"notice":"GroundRules: Original legal text. Not legal advice."}