24 C.F.R. § 1000.412 Can an issuer obtain a guarantee for more than one note or other obligation at a time?
Title 24 - Housing and Urban Development
Yes. To obtain multiple guarantees, the issuer shall demonstrate that: (a) The issuer will not exceed a total for all notes or other obligations in an amount equal to five times its grant amount, excluding any amount no longer owed on existing notes or other obligations; and (b) Issuance of additional notes or other obligations is within the financial capacity of the issuer.
Title 24: Housing and Urban Development
PART 1000—NATIVE AMERICAN HOUSING ACTIVITIES
Subpart E—Federal Guarantees for Financing of Tribal Housing Activities
§ 1000.412 Can an issuer obtain a guarantee for more than one note or other obligation at a time?
