§241.1068. Renegotiation of an equity loan.
24 C.F.R. § 241.1068
The Commissioner shall renegotiate and modify the terms of an equity loan insured under this subpart at the request of the owner of the project for which a loan closing occurred if—
The loan closing occurred between September 28, 1992 and January 26, 1993;
The loan was made pursuant to a plan of action submitted under subpart C of part 248 of this chapter; and
The plan of action was accepted by the Commissioner for processing in December 1991.
Notes, amendments, and revision history
Amendments
[58 FR 37814, July 13, 1993]
Source
Source: 57 FR 12037, Apr. 8, 1992, unless otherwise noted.
Authority
Authority: 12 U.S.C. 1715b, 1715z-6, and 1735d; 42 U.S.C. 3535(d).
Source
Source: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.
Amendments
[58 FR 37814, July 13, 1993]