Revisions to the Calculation of Annual Household Income and Net Family Assets in the Section 515 Rural Rental Housing and Section 514/516 Farm Labor Housing Programs

Document 2026-07064 is a Final Rule published by the Department of Agriculture in the Federal Register on April 13, 2026, with an effective date of April 13, 2026. The Rural Housing Service (RHS or Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), amends its regulation to implement changes related to income calculation and net family assets for properties that receive funding from the Multi-Family Housing (MFH) Section 515 Rural Rental Housing and the Section 514/516 Farm Labor Housing Direct Loan and Grant programs. These changes are intended to align the Agency's annual income certification requirements with the Housing Opportunity Through Modernization Act of 2016 (HOTMA). View the original at https://www.federalregister.gov/documents/2026/04/13/2026-07064/revisions-to-the-calculation-of-annual-household-income-and-net-family-assets-in-the-section-515.

No. Document 2026-07064 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.