24 CFR 891.145

§ 891.145 Owner deposit (Minimum Capital Investment).

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

Cite this

Citation: 24 CFR 891.145, § 891.145 Owner deposit (Minimum Capital Investment), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/101475
Permanent ID: ys:prov:101475@1
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Full text

As a Minimum Capital Investment, the Owner must deposit in a special escrow account one-half of one percent (0.5%) of the HUD-approved capital advance, not to exceed $10,000, to assure the Owner's commitment to the housing. Under the Section 202 Program, if an Owner has a National Sponsor or a National Co-Sponsor, the Minimum Capital Investment shall be one-half of one percent (0.5%) of the HUD-approved capital advance, not to exceed $25,000.

Legislative history

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