24 CFR 266.636 - Insuring new loans for defaulted projects.

Regulations last checked for updates: Feb 12, 2026

Title 24 - Housing and Urban Development last revised: Jan 07, 2026

§ 266.636 - Insuring new loans for defaulted projects.

The HFA may not make another loan that is insured under this part to the same owner in the same project if HUD has paid a claim under this part.

authority: 12 U.S.C. 1715z-22.; 42 U.S.C. 3535(d)

source: 59 FR 62524, Dec. 5, 1994, unless otherwise noted.

cite as: 24 CFR 266.636