24 C.F.R. §203.50 - Eligibility of rehabilitation loans
| Cite as | 24 C.F.R. §203.50 |
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3 cases
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U.S. v. Boccagna, Docket No. 04-5099-cr.
...to obtain millions of dollars through private real estate mortgage loans insured by HUD under its 203(k) loan program. See 24 C.F.R. §§ 203.50, 203.440 et seq. The 203(k) program is HUD's primary vehicle for stimulating the private rehabilitation and development of residential properties, c......
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In re Brown, Bankruptcy No. 01-1808.
...benefit. Moreover, it is the lender, not the home buyer, who is entitled to select a consultant to perform the draw inspections. See 24 C.F.R. § 203.50. That the regulations enable the lender to select the consultant, rather then leaving the selection of the consultant to the home buyer, fu......
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DeOliveira v. Illescas, No. CV 01-0811770 (CT 5/10/2005), CV 01-0811770
...the parties was put on a HUD form by a Mr. Rizzo who acted as a rehabilitation specialist governed by 24 C.F.R. 200.190, et seq. and 24 C.F.R. 203.50(1). HUD recommends that the homeowner have a consultant help prepare the exhibits to expedite the loan process and HUD required that inspecti......
3 provisions
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PL 149, HB 1036 – Technical corrections
...Upon receiving the rehabilitation loan described in subdivision (1), the applicant must comply with the program regulations set forth in 24 CFR 203.50 and 24 CFR 203.440 et seq., with respect to the rehabilitation loan described in subdivision (1).(3) The applicant must comply with any addi......
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PL 251, SB 531 – Various tax sale matters
...Upon receiving the rehabilitation loan described in subdivision (1), the applicant must comply with the program regulations set forth in 24 CFR 203.50 and 24 CFR 203.440 et seq., with respect to the rehabilitation loan described in subdivision (1).(3) The applicant must comply with any addi......
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PL 118, HB 1568 – Real property subject to tax sale
...to all units except townships. Sec. 2. As used in this chapter, "rehabilitation loan" refers to a rehabilitation loan (as defined in 24 CFR 203.50(a)(1)) that is eligible for insurance under Section 203(k) of the National Housing Act (12 U.S.C. 1709(4k)). Sec. 3. (a) The fiscal body of a un......