7 CFR §3560.702
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Unauthorized assistance can be received by a borrower or tenant in the form of loans, grants, interest credit, rental assistance, or other assistance provided by the Agency including assistance received as a result of an incorrect interest rate being applied to an Agency loan. Agency officials may pursue identification and recapture of unauthorized assistance through any legal remedies available.
- (b)Unauthorized assistance may result from situations such as:
- (1)Assistance being provided to an ineligible borrower or tenant;
- (2)Assistance to an eligible borrower or tenant being used for an unauthorized purpose;
- (3)Assistance being obtained as a result of inaccurate, incomplete, or fraudulent information provided by a borrower or tenant; or
- (4)Assistance being obtained as a result of errors by the Agency, borrower, or tenant.