24 CFR 232.605 - Contract requirements.

Regulations last checked for updates: May 04, 2025

Title 24 - Housing and Urban Development last revised: Apr 20, 2025

View all text of Subpart C [§ 232.500 - § 232.630]

§ 232.605 - Contract requirements.

The contract between the mortgagor and the general contractor may be in the form of a lump sum contract, a cost plus contract, or different or alternative forms of contract specified by the Commissioner.

[80 FR 48028, Aug. 11, 2015]

authority: 12 U.S.C. 1715b,1715w,1735d,and; 42 U.S.C. 3535(d)

source: 36 FR 24618, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 232.605