§248.3. Applicability.
24 C.F.R. § 248.3
The requirements of subparts B and C of this part apply to any project that is eligible low income housing, as defined in subparts B and C of this part respectively, on or after November 1, 1987, except that such requirements shall not apply to a project which receives assistance under title IV, subtitle B of the Cranston-Gonzalez National Affordable Housing Act in connection with a homeownership program approved by the Commissioner thereunder.
Notes, amendments, and revision history
Source
Source: 57 FR 12041, Apr. 8, 1992, unless otherwise noted.
Authority
Authority: 12 U.S.C. 17151 note, 4101 note, and 4101-4124; 42 U.S.C. 3535(d).