Do the recordkeeping requirements apply to affiliates and branches of intermediaries/state finance agencies and non-funded HUD approved agencies?
Date Published: March 2015
They apply to all HUD-approved and participating agencies. 24 CFR Part 214 Section 214.315 and the most current version of HUD Handbook 7610.1 REV-5 are the main sources of guidance on recordkeeping. It is important to emphasize that HUD’s housing counseling recordkeeping requirements apply to affiliates and branches of HUD-approved intermediaries as well. Intermediaries and State Housing Finance Agencies (SHFAs) must assure that their affiliates and branches comply with all requirements in 24 CFR Part 214 Subpart D Section 214.315 and HUD Handbook 7610.1 REV-5. These recordkeeping requirements also apply to all HUD-approved Local Housing Counseling Agencies (LHCAs), Multi-State Organizations (MSOs) and their branches, and any participating non-funded agencies.