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e-CFR data is current as of September 17, 2020

Title 7Subtitle BChapter XXXVPart 3565Subpart E → §3565.203


Title 7: Agriculture
PART 3565—GUARANTEED RURAL RENTAL HOUSING PROGRAM
Subpart E—Loan Requirements


§3565.203   Restrictions on rents.

The rent for any individual housing unit, including any tenant-paid utilities, must not exceed an amount equal to 30 percent of 115 percent of area median income, adjusted for family size. In addition, on an annual basis, the average rent for a project, taking into account all individual unit rents, must not exceed 30 percent of 100 percent of area median income, adjusted for family size.

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