source:
  type: regulation
  id: usda-hb-3555-ch13
  authority: USDA HB-1-3555 ch13 bootstrap
  description: Bootstrap for USDA HB-1-3555 ch13 register.
obligations:
- id: usda-hb-3555-ch13-clt-lease-low-mod-housing
  canonical_id: usda-hb-3555-ch13-clt-lease-low-mod-housing
  section: "USDA HB-1-3555 Ch. 13.3 — Loans for Units in a Community Land Trust [7 CFR 3555.206]"
  description: '[LENDER] must ensure that the lease contains provisions for

    continued use of the land for low- and moderate-income housing.

    '
  type: do
  audit_question: For every USDA SFHGLP-guaranteed loan on a community land trust unit, can [LENDER] evidence that the ground lease contains provisions for continued use of the land for low- and moderate-income housing?
  workflow_phase: underwriting
  owner_role: underwriter
  secondary_owner_role: closer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - usda
  - hb-1-3555
  - ch13
  - community-land-trust
  - promoted
  primary_source:
    tier: 1
    authority: "USDA HB-1-3555 Chapter 13.3 — Loans for Units in a Community Land Trust"
    source_class: usda-handbook-hb-1-3555
    source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter13.pdf
    snapshot_id: dd1c462c8be2b812
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:40c01c25bcb6e7b5a3b24616ded43ccec515ed021ce5edfbbd4f103d301cf3ca
    paragraph_quote: The lender must ensure that the lease contains provisions for continued use of the
    drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot dd1c462c8be2b812 (Ch 13) at 2026-05-23. Source PDF retrieved via Wayback Machine.
  promoted_at: '2026-05-23T16:19:25+00:00'
  promoted_from: usda-hb-3555-ch13-roundb-v1.yaml
  program_review: Does the program account for the community-land-trust condition — the ground lease must contain provisions for continued use of the land for low- and moderate-income housing?
  file_review: Spot-check CLT loans; confirm the ground lease contains the low/moderate-income continued-use provisions.
  judgment: false
- id: usda-hb-3555-ch13-clt-broad-community-rep-and-record
  canonical_id: usda-hb-3555-ch13-clt-broad-community-rep-and-record
  section: "USDA HB-1-3555 Ch. 13.3 — Community Land Trust verification"
  description: '[LENDER] must verify that the community land trust has

    broad-based community representation, and that the community

    land trust has a two-year record of providing affordable

    housing.

    '
  type: do
  audit_question: For every USDA SFHGLP-guaranteed loan on a community land trust unit, can [LENDER] evidence its verification that (i) the CLT has broad-based community representation, and (ii) the CLT has a two-year record of providing affordable housing?
  workflow_phase: underwriting
  owner_role: underwriter
  secondary_owner_role: closer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - usda
  - hb-1-3555
  - ch13
  - community-land-trust
  - verification
  - promoted
  primary_source:
    tier: 1
    authority: "USDA HB-1-3555 Chapter 13.3 — Community Land Trust verification"
    source_class: usda-handbook-hb-1-3555
    source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter13.pdf
    snapshot_id: dd1c462c8be2b812
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:40c01c25bcb6e7b5a3b24616ded43ccec515ed021ce5edfbbd4f103d301cf3ca
    paragraph_quote: The lender must verify that the community land trust has broad-based community
    drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot dd1c462c8be2b812 (Ch 13) at 2026-05-23. Source PDF retrieved via Wayback Machine.
  promoted_at: '2026-05-23T16:19:25+00:00'
  promoted_from: usda-hb-3555-ch13-roundb-v1.yaml
  program_review: Does the program account for the CLT verification — broad-based community representation AND a two-year record of providing affordable housing?
  file_review: Spot-check CLT loans; confirm documented verification of broad-based community representation and the two-year affordable-housing record.
  judgment: false
- id: usda-hb-3555-ch13-leasehold-term-15-years-beyond-maturity
  canonical_id: usda-hb-3555-ch13-leasehold-term-15-years-beyond-maturity
  section: "USDA HB-1-3555 Ch. 13.5.B — Leasehold Lease Requirements [7 CFR 3555.203(b)]"
  description: 'For mortgages subject to leasehold estates, the estate''s term

    runs fifteen or more years beyond the maturity date of the

    loan closing, except in the case of properties located on

    Native American restricted land.

    '
  type: do
  audit_question: For every USDA SFHGLP-guaranteed loan secured by a leasehold estate (other than Native American restricted land), can [LENDER] evidence that the leasehold term runs fifteen or more years beyond the maturity date of the loan?
  workflow_phase: underwriting
  owner_role: underwriter
  secondary_owner_role: closer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - usda
  - hb-1-3555
  - ch13
  - leasehold
  - promoted
  primary_source:
    tier: 1
    authority: "USDA HB-1-3555 Chapter 13.5.B — Lease Requirements"
    source_class: usda-handbook-hb-1-3555
    source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter13.pdf
    snapshot_id: dd1c462c8be2b812
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:40c01c25bcb6e7b5a3b24616ded43ccec515ed021ce5edfbbd4f103d301cf3ca
    paragraph_quote: "estate’s term runs fifteen or more years beyond the maturity date of the loan"
    drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot dd1c462c8be2b812 (Ch 13) at 2026-05-23. Source PDF retrieved via Wayback Machine.
  promoted_at: '2026-05-23T16:19:25+00:00'
  promoted_from: usda-hb-3555-ch13-roundb-v1.yaml
  program_review: Does the program account for the leasehold-term test and its Native-American-restricted-land carve-out — the estate must run fifteen or more years beyond loan maturity?
  file_review: Spot-check leasehold-secured loans (other than Native American restricted land); confirm the leasehold runs at least fifteen years beyond maturity.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T16:19:25+00:00'
  candidate_path: obligations\_remediation\_round_b_drafts\usda-hb-3555-ch13-roundb-v1.yaml
  candidates_promoted: 3
  candidates_skipped_existing: 0
