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USDA - 7 CFR PART 1956

DEBT SETTLEMENT

active, Most Current
Organization: USDA
Publication Date: 1 January 2021
Status: active
Page Count: 24
scope:

Purpose.

This subpart delegates authority and prescribes policy and procedures for settlement of debts owed to the United States under the Multi-Family Housing (MFH) program of the Rural Housing Service (RHS). It also applies to Nonprogram (NP) loans secured by MFH property of the RHS. Settlement of claims against recipients of grant funds for reasons such as the use of funds for improper purposes is also covered by this subpart. Settlement of claims against third party converters, and Economic Opportunity (EO) loans is authorized under the Federal Claims Collection Standards, 4 CFR parts 101- 105. This subpart does not apply to RHS direct Single Family Housing (SFH) loans, RHS NP loans secured by SFH property, or to the Rural Rental Housing, Rural Cooperative Housing, and Farm Labor Housing programs. The provisions of this subpart do not apply to any program administered by the Farm Service Agency as of June 17, 2020.

[61 FR 59779, Nov. 22, 1996, as amended at 69 FR 69106, Nov. 26, 2004; 85 FR 36714, June 17, 2020]

Document History

January 1, 2023
DEBT SETTLEMENT
A description is not available for this item.
7 CFR PART 1956
January 1, 2021
DEBT SETTLEMENT
Purpose. This subpart delegates authority and prescribes policy and procedures for settlement of debts owed to the United States under the Multi-Family Housing (MFH) program of the Rural Housing...
January 1, 2020
DEBT SETTLEMENT
Purpose. This subpart delegates authority and prescribes policy and procedures for settlement of debts owed to the United States under the Farm Credit loan programs of the Farm Service Agency (FSA)...
January 1, 2019
DEBT SETTLEMENT
A description is not available for this item.
January 1, 2018
DEBT SETTLEMENT
Purpose. This subpart delegates authority and prescribes policy and procedures for settlement of debts owed to the United States under the Farm Credit loan programs of the Farm Service Agency (FSA)...
January 1, 2017
DEBT SETTLEMENT
A description is not available for this item.
January 1, 2016
DEBT SETTLEMENT
Purpose. This subpart delegates authority and prescribes policy and procedures for settlement of debts owed to the United States under the Farm Credit loan programs of the Farm Service Agency (FSA)...
January 1, 2015
DEBT SETTLEMENT
A description is not available for this item.
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