24 C.F.R. § 203.40 Location of property.
Title 24 - Housing and Urban Development
The mortgaged property shall be located within the United States, Puerto Rico, Guam, the Virgin Islands, the Commonwealth of the Northern Mariana Islands, and American Samoa. The mortgaged property, if otherwise acceptable to the Commissioner, may be located in any community where the housing standards meet the requirements of the Commissioner. [49 FR 12697, Mar. 30, 1984, as amended at 61 FR 36264, July 9, 1996]
Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart A—Eligibility Requirements and Underwriting Procedures
Eligible Properties
§ 203.40 Location of property.