24 C.F.R. § 200.233 Effect and requirement of approval.
Title 24 - Housing and Urban Development
Approval is required as a precondition for participation and constitutes clearance of the principal under this part for participation only for a specific project in a specific role. Approval of a principal does not obligate the Department to approve the principal's applications or contracts for program participation.
Title 24: Housing and Urban Development
PART 200—INTRODUCTION TO FHA PROGRAMS
Subpart H—Participation and Compliance Requirements
Previous Participation Review and Clearance Procedure
§ 200.233 Effect and requirement of approval.