[Code of Federal Regulations]
[Title 7, Volume 11]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1822.261]

[Page 1170]
 
                          TITLE 7--AGRICULTURE
 
    CHAPTER XVIII--RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE 
SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF 
                               AGRICULTURE
 
PART 1822--RURAL HOUSING LOANS AND GRANTS--Table of Contents
 
      Subpart G--Rural Housing Site Loan Policies, Procedures, and 
                             Authorizations
 
Sec. 1822.261  General.

    Authority: Sec. 523, 82 Stat. 553, 42 U.S.C. 1490c; sec. 524, 83 
Stat. 399; sec. 502, 63 Stat. 433, as amended, 42 U.S.C. 1472; sec. 
101(a), 82 Stat. 477, 12 U.S.C. 1715z; sec. 201, 82 Stat. 498, 12 U.S.C. 
1715z-1; Orders of Secy. of Agr., 29 FR 16210, 32 FR 6650.

    Source: 35 FR 16087, July 1, 1970, unless otherwise noted.


    This subpart sets forth the policies and procedures and delegates 
authority for making Rural Housing Site (RHS) loans under sections 523 
and 524 of the Housing Act of 1949. Any processing or servicing activity 
conducted pursuant to this subpart involving authorized assistance to 
FmHA or its successor agency under Public Law 103-354 employees, members 
of their families, known close relatives, or business or close personal 
associates, is subject to the provisions of subpart D of part 1900 of 
this chapter. Applicants for this assistance are required to identify 
any known relationship or association with an FmHA or its successor 
agency under Public Law 103-354 employee. Section 523 loans are direct 
loans for the purchase and development of building sites for housing to 
be built by the self-help method; they have additional requirements 
which are contained in Sec. 1822.278.

[35 FR 16087, July 1, 1970, as amended at 58 FR 224, Jan. 5, 1993]