Section 3560.652 - Prepayment and restrictive-use categories(a) Loans with prepayment prohibitions include: (1) Initial section 515 loans made on or after December 15, 1989, and(2) Subsequent loans made on or after December 15, 1989, for additional rental units.(b) Loans without prepayment prohibitions but with restrictive-use provisions include: (1) All loans made after December 21, 1979, but prior to December 15, 1989;(2) Subsequent loans made on or after December 15, 1989, for purposes other than additional rental units; or(3) Loans subsequently restricted by servicing actions including transfers.(c) Loans without prepayment prohibitions or restrictive-use provisions include all loans made on or before December 21, 1979 or loans that had restrictive-use provisions that have expired. Such loans are eligible to receive incentives subject to the provisions of this subpart.(d) Loans may be prepaid if another loan or grant from the Agency imposes the same or more stringent restrictive-use provisions on the housing project covered by the loan being prepaid.