7 CFR 3560.616

§ 3560.616 Rates and terms.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 3560.616, § 3560.616 Rates and terms, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30581
Permanent ID: ys:prov:30581@1
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Full text

(a) The interest rate for on-farm labor housing loans will be 1 percent. (b) The term of the on-farm labor housing loan will not exceed 33 years. (c) Loan amortization for on-farm labor housing may be on a monthly or an annual basis.

Legislative history

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