Multi-Family Housing Simple Transfer Pilot Program
rural-development · Rural Housing Service · Rule · Published 2024-12-06 · Effective 2025-12-09 · 89 FR 96860
Document
Document number
2024-28299
Federal Register citation
89 FR 96860
CFR reference
7 CFR 3560
Type
Rule
Action
Extension of pilot program.
Category
rural-development
Sub-agency
Rural Housing Service
Publication date
2024-12-06
Effective date
2025-12-09
USDA docket
Docket No. RHS-24-MFH-0041
Abstract
The Rural Housing Service (RHS or the Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is announcing the extension of a pilot program with updates for simple transfers of USDA Section 514 Farm Labor Housing & 515 Rural Rental Housing properties through December 9, 2025. The Agency's intention is to evaluate the existing regulations and remove regulatory barriers to reduce application requirements for certain types of transfers, resulting in lower transaction-related costs for applicants and improved processing times.