The Code of Federal Regulations of the United States of AmericaU.S. Government Printing Office, 1995 The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government. |
Common terms and phrases
30 days actual cost agency agreement amended amortization ance application appraisal approved assistance payments borrower cash certification chapter coinsurance Commis Commissioner construction contract contractor debentures default determined eligible Employer Identification erty escrow exceed executed facilities family unit Federal fee simple filed final endorsement financing firm commitment funds gagor GNMA hazard insurance housing project improvements initial insurance premiums insured mortgage insured under section interest rate lease lender lien limited loan low income ment missioner monthly payment mort mortgage insurance mortgagor multifamily National Housing Act nonprofit notice obligation operating outstanding paid paragraph percent period plan of action prepayment prescribed principal amount prior project owner purchase pursuant quired quirements regulations rehabilitation rent rental request requirements Secretary Section 8 Housing security instrument Sept sioner submit subpart surance tenants term termination tion
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Էջ 10 - Act of 1949, as amended, which plan conforms to definite local objectives respecting appropriate land uses, improved traffic, public transportation, public utilities, recreational and community facilities and other public improvements, and there exists the necessary authority and financial capacity to insure completion of such urban renewal plan.
Էջ 54 - Includes the issuance date of such debentures, which applicable rate for each such six-month period shall be determined by the Secretary of the Treasury by estimating the average yield to maturity, on the basis of daily closing market bid quotations or prices during the month of May...
Էջ 133 - ... first mortgage" means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State In which the real estate Is located, together with the credit instruments, if any, secured thereby. (b) The term "mortgagee...
Էջ 181 - To be eligible for insurance under this section a mortgage shall meet the following conditions: "(1) The mortgaged property shall be held by a mortgagor approved by the Commissioner. The Commissioner may, in his discretion, require such mortgagor to be regulated or restricted as to rents or sales, charges, capital structure, rate of return, and methods of operation.
Էջ 122 - Commissioner estimates will be the replacement cost of the property or project when the proposed improvements are completed (the replacement cost may include the land, the proposed physical improvements, utilities within the boundaries of the land, architect's fees, taxes, interest during construction, and other miscellaneous charges incident to construction, and approved by the Commissioner...
Էջ 298 - ... wages prevailing in the locality in which the work was performed for the corresponding classes of laborers and mechanics employed on construction of a similar character...
Էջ 133 - State, by the municipality or other political subdivision in which the facility is located), for the accommodation of convalescents or other persons who are not acutely ill and not in need of hospital care but who require skilled nursing care and related medical services...
Էջ 115 - mortgagee" means the original lender under a mortgage, and Its successors and assigns, and Includes the holders of credit Instruments Issued under a trust mortgage or deed of trust pursuant to which such holders act by and through a trustee therein named. (3) The term "mortgagor" means the original borrower under a mortgage and its successors and assigns. (4) The term "maturity date...
Էջ 53 - For the purposes of this subsection, the value of the mortgage shall be determined,. in accordance with rules and regulations prescribed by the Commissioner, by adding to the amount of the original principal obligation of the mortgage which was unpaid on the date of the institution of foreclosure proceedings...
Էջ 427 - first mortgage" means such classes of first liens as are commonly given to secure advances (including but not...