24 CFR 290.33: Sale of delinquent mortgages securing subsidized projects.
Where this section sits in the code
- Title 24—Housing and Urban Development
- Subtitle B—Regulations Relating to Housing and Urban Development
- CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
- SUBCHAPTER I—HUD-OWNED PROPERTIES
- PART 290—DISPOSITION OF MULTIFAMILY PROJECTS AND SALE OF HUD-HELD MULTIFAMILY MORTGAGES
- Subpart B—Sale of HUD-Held Multifamily Mortgages
Delinquent mortgages securing subsidized projects will be sold only if, as part of the sales transaction:
(a) The mortgages are restructured; and
(b) Either FHA mortgage insurance or equivalent protections are provided.
Collected 2026-08-27T02:24:55Z. Source file · JSON