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7 CFR 1944.653

§ 1944.653 Objective.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 1944.653, § 1944.653 Objective, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/28924
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Full text

The objective of the HPG program is to repair or rehabilitate individual housing, rental properties, or co-ops owned and/or occupied by very low- and low-income rural persons. Grantees will provide eligible homeowners, owners of rental properties, and owners of co-ops with financial assistance through loans, grants, interest reduction payments or other comparable financial assistance for necessary repairs and rehabilitation. Further, individual housing that is owner occupied may qualify for replacement housing when it is determined by the grantee that the housing is not economically feasible for repair or rehabilitation, except as specified in § 1944.659.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.