24 CFR 241.635

§ 241.635 Regulatory agreement.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 241.635, § 241.635 Regulatory agreement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100116
Permanent ID: ys:prov:100116@1
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Full text

Any borrower obligated on the note for any loan insured under this subpart shall be regulated or restricted in a manner and on a form prescribed by the Secretary as to rents or sales, charges, capital structure, rate of return and methods of operation of the multifamily project to such an extent and in such manner as to provide reasonable rental to tenants and a reasonable return on the investment until the termination of all obligations of the Secretary under the contract of insurance.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.