A compliance review and physical inspection will be conducted by the Agency at least once every 3 years. The purpose of this review will be to inspect:
- (a) Tenant eligibility documentation;
- (b) Financial information on the operation and management of the labor housing, including relevant borrower financial materials;
- (c) Payment of taxes, insurance and hazard insurance;
- (d) Compliance with the security deposit requirements;
- (e) Compliance with the operating plan;
- (f) Compliance with the loan agreement;
- (g) Compliance with Agency requirements for affordable, decent, safe, and sanitary housing; and
- (h) Compliance with civil rights requirements.