24 C.F.R. § 232.901

Current through May 31, 2024
Section 232.901 - Mortgages covering existing projects are eligible for insurance

A mortgage executed in connection with the purchase or refinancing of an existing project without substantial rehabilitation may be insured under this subpart pursuant to section 223(f) of the Act. A mortgage insured pursuant to this subpart shall meet all other requirements of this part except as expressly modified by this subpart.

24 C.F.R. §232.901

59 FR 61228, Nov. 29, 1994