USDA Technical Handbook HB-1-3555 §12.8 — Modest Housing

usda-hb-3555-12-8

USDA HB-1-3555 §12.8 (Modest Housing). Gap-fill (verbatim).

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source:
  type: regulation
  id: usda-hb-3555-12.8
  authority: USDA Technical Handbook HB-1-3555 §12.8 — Modest Housing
  description: |
    USDA HB-1-3555 §12.8 (Modest Housing). Gap-fill (verbatim). 
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    canonical_id: usda-hb-3555-12.8-0
    section: USDA HB-1-3555 12.8 — Modest Housing
    description: '12.8 Modest Housing: DEST HOUSING There are no maximum mortgage limits for properties financed under the SFHGLP. Modest housing is defined as a new or existing dwelling that a low- or moderate-income borrower can afford based on their repayment ability. The property must not be primarily designed for…'
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    tags:
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      - gap-fill
      - usda-hb-3555
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    primary_source:
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      authority: USDA Technical Handbook HB-1-3555 §12.8 — Modest Housing
      source_class: usda-handbook-hb-1-3555
      source_url: https://www.rd.usda.gov/resources/directives/handbooks
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      paragraph_quote: DEST HOUSING There are no maximum mortgage limits for properties financed under the SFHGLP. Modest housing is defined as a new or existing dwelling that a low- or moderate-income borrower can afford based on their repayment ability. The property must not be primarily designed for income producing activity.
      drafter_attestation: Verbatim from HB-1-3555 §12.8 body (max-gap occurrence), snapshot 0466acd1ea2d17a4; substring-verified.

Verbatim regulatory text (1)

Verbatim provisions from USDA Technical Handbook HB-1-3555 §12.8 — Modest Housing — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

USDA HB-1-3555 12.8 — Modest Housing

DEST HOUSING There are no maximum mortgage limits for properties financed under the SFHGLP. Modest housing is defined as a new or existing dwelling that a low- or moderate-income borrower can afford based on their repayment ability. The property must not be primarily designed for income producing activity.

Source: USDA Technical Handbook HB-1-3555 §12.8 — Modest Housing · source URL · snapshot 0466acd1ea2d17a4