7 CFR §3560.631
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A compliance review and physical inspection will be conducted by the Agency at least once every 3 years. The purpose of this review will be to inspect:
- (a)Tenant eligibility documentation;
- (b)Financial information on the operation and management of the labor housing, including relevant borrower financial materials;
- (c)Payment of taxes, insurance and hazard insurance;
- (d)Compliance with the security deposit requirements;
- (e)Compliance with the operating plan;
- (f)Compliance with the loan agreement;
- (g)Compliance with Agency requirements for affordable, decent, safe, and sanitary housing; and
- (h)Compliance with civil rights requirements.