24 CFR 242.7

§ 242.7 Maximum mortgage amounts.

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

Cite this

Citation: 24 CFR 242.7, § 242.7 Maximum mortgage amounts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100184
Permanent ID: ys:prov:100184@1
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Full text

The mortgage shall involve a principal obligation not in excess of 90 percent of HUD's estimate of the replacement cost of the hospital, including the equipment to be used in its operation when the proposed improvements are completed and the equipment is installed.

Legislative history

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