Statutes, codes, and regulations
Code of Federal Regulations
Title 24 - HOUSING AND URBAN DEVELOPMENTSubtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENTChapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTSubchapter A - GENERALPart 200 - INTRODUCTION TO FHA PROGRAMS
Subpart A - REQUIREMENTS FOR APPLICATION, COMMITMENT, AND ENDORSEMENT GENERALLY APPLICABLE TO MULTIFAMILY AND HEALTH CARE FACILITY MORTGAGE INSURANCE PROGRAMS; AND CONTINUING ELIGIBILITY REQUIREMENTS FOR EXISTING PROJECTS
Section 200.3 - Definitions

24 C.F.R. § 200.3

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Current through September 30, 2024
Section 200.3 - Definitions
(a) The definitions "department", "elderly person", "family", "HUD", and "Secretary", as used in this subpart A, shall have the meanings given these terms in 24 CFR part 5.
(b) The terms "first mortgage", "hospital", "maturity date", "mortgage", "mortgagee", and "state", as used in this subpart A shall have the meaning given in the section of the National Housing Act (12 U.S.C. 1701 ), as amended, under which the project mortgage is insured.
(c) As used in this subpart A:

Act means the National Housing Act, (12 U.S.C. 1701 ) as amended.

Commissioner means the Federal Housing Commissioner.

FHA means the Federal Housing Administration.

Insured mortgage means a mortgage which has been insured by the endorsement of the credit instrument by the Commissioner, or the Commissioner's duly authorized representative.

Project means a property consisting of site, improvements and, where permitted, equipment meeting the provisions of the applicable section of the Act, other applicable statutes and regulations, and terms, conditions and standards established by the Commissioner.

24 C.F.R. §200.3

61 FR 14399, Apr. 1, 1996, as amended at 77 FR 5675, Feb. 3, 2012