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Title VI Federal Guarantees for Financing Tribal Housing Activities

Title VI Federal Guarantees for Financing Tribal Housing Activities
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POST ASSISTANCE REQUIREMENTS
    · Reports
        The lender will provide HUD a quarterly report on the guaranteed loan, including the status of the guaranteed loan, the current principal balance, and the amount collected during the quarter just ended.
    · Audits
        Participating lenders and closed loan files are reviewed to assure compliance with the program's requirements.
    · Records
        Copies of loan files are maintained by HUD. The originating lender must maintain a copy of the loan file for 2 years after loan is guaranteed. The servicing lender must maintain a loan file for the line of the loan plus 3 years.

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Title VI Federal Guarantees for Financing Tribal Housing Activities

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