Multi-Family Housing Simple Transfer Pilot Program
The Rural Housing Service (RHS) has extended its Simple Transfer Pilot Program until December 31, 2027. This initiative streamlines transfers for certain USDA Section 514 Farm Labor Housing and 515 Rural Rental Housing properties. The program simplifies extensive application requirements, previously applied to all property ownership changes, for less complex transactions. This aims to reduce costs and improve processing times. RHS will evaluate the program's effectiveness, with successful changes potentially incorporated into permanent regulations to encourage property preservation and portfolio revitalization.
What this item does
The short version, using the agency's own summary text.
The Rural Housing Service (RHS) has extended its Simple Transfer Pilot Program until December 31, 2027. This initiative streamlines transfers for certain USDA Section 514 Farm Labor Housing and 515 Rural Rental Housing properties. The program simplifies extensive application requirements, previously applied to all property ownership changes, for less complex transactions. This aims to reduce costs and improve processing times. RHS will evaluate the program's effectiveness, with successful changes potentially incorporated into permanent regulations to encourage property preservation and portfolio revitalization.
Extension of pilot program.
Important dates
The dates that matter most for this item.
Published
April 10, 2026
Starts
December 31, 2027
Who published it
The agencies listed in the official filing.
Federal rulebook sections mentioned
These are the parts of the Code of Federal Regulations cited in the filing.