Form RD 3560-13: Multi-Family Project Borrower and Management Agent Certification

Enter the Effective Date as xx-xx-20xx.

Enter the Project Name, the Borrower ID#/Project ID and the City/State.

After Acting on behalf of, enter the project borrower (Borrower) and the management agent (Agent), who make certifications and agreements to the United States Department of Agriculture regarding management of the project.

Enter the Term of Agreement as xx-xx-20xx through xx-xx-20xx.

The Borrower and the Agent have executed or will execute, within 30 days a management agreement (Agreement) for this project.

Under Fees: "a) PUPM fee as specified in HB-2-3560, Attachment 3-F, as revised, for the term specified above (applied to revenue producing occupied units only)."

"b) PUPM fee is below the PUPM fee specified in HB-2-3560, Attachment 3-F, as revised, for the term specified above (applied to revenue producing occupied units only)", with the Fee Amount $.

Management fees are disbursed from project income only after: (1) this certification has been submitted to Rural Development: (2) Rural Development has approved the Agent to manage this project. No fees may be earned or paid after Rural Development has terminated the Agreement. "If Rural Development notifies me of a management fee above that is listed in HB-2-3560, Attachment 3-F, the Agent will within 30 days of the notice either: (1) Reduce the compensation to an amount Rural Development determines to be reasonable and (2) Require the Agent to refund to the project all excessive fees collected, or (3) Appeal the decision and abide by the results of the appeal process, making any required reductions and refunds within 30 days after the date of the decision letter on the appeal."

Add-On Fees as specified in HB-2-3560; Check all that apply. Include total add-on fees. (applied to all revenue producing units regardless of occupancy)

The boxes are: Management of properties with 15 units or less; One project that has buildings located on different noncontiguous parcels of land (i.e. across town or in another town); Management of properties in a remote location; Troubled properties with workout plans and new management only; Multiple subsidies with routine annual reporting requirements.

Certify that the types of insurance policies checked are enforceable and will be maintained to the best of your ability at all times.

The insurance boxes are: Fidelity bond or employee dishonesty coverage for all principals of the Agent and all persons who participate directly or indirectly in the management or maintenance of the project and its assets, accounts and records. Hazard insurance coverage required by 7 C.F.R. §3560.105. Public liability insurance required by 7 C.F.R. §3560.105. Other (specify) as may be required by 7 C.F.R. §3560.105.

Fidelity bonds and hazard insurance policies will name Rural Development as co-payee in the event of loss.

Note: for any box not checked, Rural Development may require an explanation as to why a certain type of insurance was not obtained.

Certify that you have read and understand "identity-of-interest" as defined in 7 C.F.R §3560.11 and that the statement(s) checked and information entered is true.

Either: No identity-of-interest exists among the Borrower, the Agent and any individuals or companies that regularly do business with the project, or Only the individuals and companies listed on Form RD 3560-31 have an identity-of-interest with the Borrower or the Agent.

The items checked are attached: Management Plan; Identity-of-Interest (IOI) Disclosure Qualification Certificate or Certification of No Identity-of-Interest (IOI); Other specify.

Under By Project Borrower, enter the Name/Title, sign on the Signature line and enter the Date.

Under By Management Agent, enter the Name/Title, sign on the Signature line and enter the Date.

The form also has By Servicing Official lines for the Name/Title, the Signature and the Date.

There are fines and imprisonment for anyone who makes false, fictitious, or fraudulent statements or entries in any matter within the jurisdiction of the Federal Government (18 U.S.C. 1001). There are fines and imprisonment for anyone who misuses rents and proceeds in violation of Rural Development regulations relative to this project (Section 543 of the Housing Act of 1949). Rural Development may seek additional civil money penalties to be paid by the mortgagor through personal funds pursuant to 7 C.F.R. §3560.461(b). The penalties could be as much as $74,824.00 per violation (Section 543 (b) of the Housing Act of 1949) (checked November 8, 2026).