* Post Forbearance Options: Upon completion of the forbearance, the lender shall work with the borrower to determine if they can resume making regular payments and, if so, either offer an affordable repayment plan or term extension to defer any missed payments to the end of the loan.* During the forbearance options outlined above, no accrual of fees, penalties or interest may be charged to the borrower beyond the amounts calculated as if the borrower had made all contractual payments in a timely fashion.The borrower must request each extension individually. Borrowers who received an initial CARES Act forbearance before June 30, 2020, may be granted up to two additional three-month payment forbearances. The initial forbearance period may be up to 180 days and the borrower may request an extension of up to an additional 180 days. SFHDLP borrowers who experience financial hardship due, directly or indirectly, to the COVID-19 emergency may request and be granted an initial forbearance on or before June 30, 2021.Lenders should outline potential solutions that may be available at the end of the forbearance period and explain to borrowers that a lump sum payment of the arrearage will not be required. SFHGLP borrowers that received a COVID-19 forbearance prior to Jmay be granted up to two additional three-month payment forbearances. Lenders may approve the initial 180-day COVID-19 Forbearance no later than September 30, 2021.

In addition, the initial forbearance period may be extended up to an additional 180 days at the borrowerвЂ™s request. * Forbearance Requirements: Lenders may continue to provide impacted borrowers relief by offering forbearance of the borrower guaranteed loan payment for up to 180 days.The moratorium does not apply in cases where USDA or the servicing lender has documented the property is vacant or abandoned. * Foreclosure Moratorium Extension: The actions announced today make it possible for the foreclosure and eviction moratorium announced by USDA, Single Family Housing Direct Loan Program (SFHDLP) and the Single Family Housing Guaranteed Loan Program (SFHGLP) on June 24, 2021, to be extended until July 31, 2021.Single Family Housing Direct and Guaranteed ProgramsД®ffective June 24, 2021, with the exception of vacant or abandoned dwellings, foreclosures and related evictions for borrowers with USDA single family housing Direct and Guaranteed loans are suspended through July 31, 2021. Furthermore, HUD published the FY2020 SHOP NOFA on on Jwith an application deadline of August 18, 2020.HUDвЂ™s decisions will be made on a case-by-case basis as a result of the merits of the individual granteeвЂ™s request and the grant agreement terms.вЂќ For organizations utilizing Self-Help Opportunity Program (SHOP) funds, the following information was provided by HUD in a letter dated May 5, 2020: вЂњIn terms of program policy guidance, the Office of Rural Housing and Economic Development staff will work with grantees to offer flexibility on some reporting requirements as well as provide program/project extensions based on the individual granteeвЂ™s request relating to specific grant activities, in accordance with the terms of each executed grant agreement.Please contact Rural Development and Regional Technical and Management Assistance contractor staffs so that we may offer additional assistance. The T&MA Contractors are aware of the potential for needed flexibilities and are ready to assist in any way they can. Grantee organizations must work with their regional Technical and Management Assistance (T&MA) Contractors to develop realistic extension requests and applications for refunding. Self-Help grantees seeking amendments, time extensions, and refunding will be evaluated on a case-by-case basis on factors such as Lower Rates of Production, Equivalent Units (EUs) and Technical Assistance (TA) cost per EU.

Rural Development (RD) acknowledged this alternative method of construction had the potential to delay construction and noted that impacted grantees could make requests for amendments and time extensions in accordance with RD Instruction 1944-I, 1944.420 as early as practical. The announcement discouraged volunteer labor outside of immediate household members, especially for higher-risk populations.

Among other guidance, the announcement included limiting workers at the building site to family members or small groups of 10 or less.

USDA is working with Self-Help Program grantees, funding partners, real estate professionals and other interested stakeholders to maintain excellent customer service, while prioritizing the safety of our customers and staff.

USDA issued guidance on March 20, 2020, about steps the Department is taking to help you continue to successfully operate the Self-Help Program.

Mutual Self-Help Housing Technical Assistance Grants:

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