CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XXXV—RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE (parts 3550 to 3575) > PART 3560—DIRECT MULTI-FAMILY HOUSING LOANS AND GRANTS > SUBPART E—Rents (§3560.201 to §3560.250) > 3560.206—Conversion to Plan II (Interest Credit).

3560.206—Conversion to Plan II (Interest Credit).

The Agency encourages any borrower not on Plan II to convert to Plan II to provide more favorable rent costs to very-low, low, and moderate-income households.