24 C.F.R. § 266.636 Insuring new loans for defaulted projects.
Title 24 - Housing and Urban Development
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.
Title 24: Housing and Urban Development
PART 266—HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS
Subpart G—Contract Rights and Obligations
Claim Procedures
§ 266.636 Insuring new loans for defaulted projects.
