StacksVerified U.S. regulatory reference

7 CFR §3565.202

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Limits on income of tenants. The housing units subject to a guaranteed loan must be available for occupancy only by low or moderate-income families or individuals whose incomes at the time of initial occupancy do not exceed 115 percent of the area median income. After initial occupancy, a tenant's income may exceed these limits.
  2. (b)Citizenship status. A tenant must be a United States citizen or a noncitizen who is a qualified alien as defined in § 3565.3.