USDA Technical Handbook HB-1-3555 §12.8 — Modest Housing
USDA HB-1-3555 §12.8 (Modest Housing). Gap-fill (verbatim).
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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, Chapter 12, § 12.8 — Modest 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.
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Source of record: https://claudeforcompliance.com/regs/usda-hb-3555-12-8/
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