StacksVerified U.S. regulatory reference

7 CFR §3565.153

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
At the time of application, the lender must certify that the borrower:
  1. (a)Has the ability and experience to construct or rehabilitate multifamily housing that meets the requirements established by the Agency, the lender and the loan agreement;
  2. (b)Has the legal and financial capacity to meet all of the obligations of the loan; and
  3. (c)Has the ability and experience to meet the property management requirements established by the Agency, the lender, and the loan agreement.