rural-development · Rural Housing Service · Rule · Published 2002-04-09 · 67 FR 16969
Document
Document number
02-8528
Federal Register citation
67 FR 16969
CFR reference
7 CFR 3565
Type
Rule
Action
Final rule.
Category
rural-development
Sub-agency
Rural Housing Service
Publication date
2002-04-09
Abstract
The Rural Housing Service (RHS) is amending its regulations for the Guaranteed Rural Rental Housing Program (GRRHP). The Housing Act of 1949, which authorizes RHS to administer GRRHP, was amended on December 27, 2000. The intended effect of this final rule change is limited to the implementation of five statutory changes. The revisions range from adding a definition of an "Indian tribe" to authorizing loans to be made for 25 years with an amortization of 40 years (i.e., balloon payments).