# Direct Single Family Housing Loans and Grants
> **Rural Housing Service** · Final rule. · Published 2012-01-24 · Effective 2012-02-23 · 77 FR 3377
## Document
- **Document number:** 2012-1268
- **Category:** rural-development
- **Sub-agency:** Rural Housing Service
- **Federal Register citation:** 77 FR 3377
- **CFR reference:** 7 CFR 3550
- **Publication date:** 2012-01-24
- **Effective date:** 2012-02-23
## Abstract

Through this action, the Rural Housing Service (RHS) amends its regulations for the Direct Single Family Housing Loans by reinstating language in the Single Family Housing (SFH) recapture regulation to enable full repayment of the entire subsidy in event of foreclosure or deed-in-lieu of foreclosure (voluntary conveyance). This action clarifies that in the event of foreclosure or deed-in-lieu of foreclosure (voluntary conveyance) the RHS will recapture the full subsidy from the value of the property.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/01/24/2012-1268/direct-single-family-housing-loans-and-grants)
---
*AI Analytics · CC0 1.0*