24 CFR 241.1068
§ 241.1068 Renegotiation of an equity loan.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 241.1068, § 241.1068 Renegotiation of an equity loan, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100156
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Full text
The Commissioner shall renegotiate and modify the terms of an equity loan insured under this subpart at the request of the owner of the project for which a loan closing occurred if—
(a) The loan closing occurred between September 28, 1992 and January 26, 1993;
(b) The loan was made pursuant to a plan of action submitted under subpart C of part 248 of this chapter; and
(c) The plan of action was accepted by the Commissioner for processing in December 1991.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.