View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
HUD/OH RIN: 2502-AJ29 Publication ID: Spring 2015 
Title: ●Federal Housing Administration (FHA): Removal of Section 235 Home Ownership Program Regulations (FR-5829)  
Abstract:

Through this rule, HUD removes the regulations for its Section 235 Program, which authorized HUD to provide mortgage subsidy payments to lenders to assist lower-income families who are unable to meet the credit requirements generally applicable to FHA mortgage insurance programs. Authority to provide insurance to mortgagees under this program was terminated under the Housing and Community Development Act of 1987 and HUD has not provided new mortgage subsidy payments under this program since then.  Because the regulations governing this program are no longer operative, they are being removed by this final rule.

 
Agency: Department of Housing and Urban Development(HUD)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 24 CFR 200    24 CFR 235   
Legal Authority: 42 U.S.C. 3535(d)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Final Action  04/03/2015  80 FR 18095   
Effective Date  05/04/2015 
Additional Information: Includes Retrospective Review under Executive Order 13563.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Camille E. Acevedo
Department of Housing and Urban Development, Office of General Counsel
Department of Housing and Urban Development
Office of Housing
Room 10276, 451 7th Street SW.,
Washington, DC 20410
Phone:202 402-5132
Email: camille.e.acevedo@hud.gov