3. Enter monthly reserve deposit installment.

4. Enter yearly reserve deposit installment.

5. Enter borrower fiscal year for which records apply.

6. Enter fiscal year beginning balance carried forward from preceding fiscal year.

7. Enter the required annual deposit. If borrower is authorized by an approved budget to contribute less than the amount required by the loan agreement, enter the reduced amount. For amounts "restored" to reserve after a previous withdrawal, enter restored amount in this column on a separate line and describe in comment column.

8. Enter the required balance at the end of the borrower fiscal year.

9. Enter the date of authorization for withdrawal from reserve.

10. Enter the purpose (capital or annual recurring expense); and describe in comment column any agreement (see Exhibit B-9 of this subpart) to restore the withdrawal.

11. Enter amount of authorized withdrawal.

12. Enter the actual amount paid into the reserve account.

13. Enter amount of interest earned on reserve deposit during fiscal year.

14. Enter portion of earned interest transferred to project general operating account.

This should be done with sufficient frequency so that a substantial number of lines on the waiting list are filled with active applications. Retired waiting lists must be kept through the next compliance review performed by Farmers Home Administration or its successor agency under Public Law 103-354 (FmHA or its successor agency under Public Law 103-354).

Description of Input:

1. Project name-Self-explanatory. 2. Location-Project location name. 3. Application No.-This is the sequential number of the order by which the completed application was received. This may be a continual sequence from a given start date or it may be the sequential number in a particular year. Example: 93-3 denotes the third application received in 1993.

4. Date/time-The date and time a completed application is received.

5. Name/address-Name of applicant and current street and/or mailing address.

current

6. Phone number-Applicant's phone number or a contact person's phone number.

7. Race code-Local management should use a code known to itself of the code provided in Form FmHA or its successor agency under Public Law 103-354 1944-8, "Tenant Certification." Use letters or numbers or a combination of both. Do not state or abbreviate racial or ethnic descriptions.

8. Household size-The total number of people who will actually occupy a unit.

9. Blank column-For optional use; for labor housing purposes.

10. Displaced priority-If applicant possesses a letter of priority entitlement (LOPE) issued by FmHA or its successor agency under Public Law 103-354 or from other assisted housing enter yes/LOPE. If applicant is displaced due to a natural disaster or catastrophe, housing rendered uninhabitable, or seized by legal action (other than for illegal activity) enter yes/other. Enter no if applicant is not a displacee.

NOTE: Section 8 applicants who at time of housing need are involuntarily displaced, living in substandard housing, or paying more than 50 percent of family income for rent have priority over other Section 8 applicants.

11. Income level-Enter a checkmark under the income level determined by income verification.

12. Unit size-Enter a checkmark under each unit size the applicant is qualified to occupy or deems appropriate to its need. Circle the checkmark denoting the size requested. Legend: VL-Very low-income, LLow-income, M-Moderate-income, I-Ineligible.

13. Rental assistance eligibility-Indicate whether or not the income level qualifies the

applicant to receive rental assistance (RA). (If RA is being used in the project).

14. Blank column-For optional use. It could denote Sec. 8 handicap status, elderly family status, LH status, or tax credit eligibility status.

15. Dates contacted for occupancy-Enter the dates management contacted or attempted to contact the applicant to offer an apartment for occupancy. Note the method of contact and the results.

16. Lease date-Fill in date of Lease to denote that applicant has changed to tenant status.

17. Removal date-Enter date of removal from the waiting list, when applicable. 18. Comments Self-explanatory.

EXHIBIT C-RENTAL AND OCCUPANCY CHARGE AND/OR UTILITY ALLOWANCE CHANGES

I. Objectives

This exhibit prescribes the method of processing changes in the monthly rental or occupancy charge rates for tenants or members in Farmers Home Administration or its successor agency under Public Law 103-354 (FmHA or its successor agency under Public Law 103-354) Rural Rental Housing (RRH), Rural Cooperative Housing (RCH), and Labor Housing (LH) projects. This exhibit covers all RRH, RCH, and LH loans (except "nonrental" LH loans), including those approved before the date of this subpart.

II. Definitions

A. Approval official. State Director or designated State and Servicing Office staff with delegated authority according to §1930.143 of this subpart.

B. Utility. Sewer, water, trash collection, electricity, natural gas, and any other fuel used specifically for cooking, heating, and/or cooling.

C. Rental or occupancy charge rate (rental or Occupancy charge). The term rental rate means RRH or LH project rent rates that include utilities; or net project rent rates plus an allowance for utilities, either of which should be equal in value. In RCH projects, the term occupancy charge means the charge for occupancy including utilities; or the net charge for occupancy exclusive of an allowance for utilities according to the operating plan of the cooperative.

III. Initial Understanding With Borrower

A. All RRH, RCH, and LH applicants will be informed at the application stage of the agency's rental or occupancy charge change procedure. All borrowers will be advised that any proposed rent or occupancy charge changes must comply with this exhibit. Utility allowance changes will comply with this exhibit and exhibit A-6 of Subpart E of Part