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Rolnictwo i żywność · 25.10.2017

Multi-Family Housing Program Requirements To Reduce Financial Reporting Requirements

The Rural Housing Service (RHS) is revising its existing regulations regarding financial reporting. This action is necessary to align RHS requirements with those of the United States Department of Housing and Urban Development (HUD) utilizing a risk-based threshold reporting which will reduce the burden on the borrower to produce multiple financial reports; focus on high-risk properties; and, reduce the financial cost of reporting on properties.

Source: Federal Register — Agriculture DepartmentOpen original release →