---
kind: "section"
citation: "24 C.F.R. § 248.300"
title: "24"
number: "248.300"
heading: "General."
url: "https://uscodex.org/cfr/24/248.300"
---

# §248.300. General.


Upon application by a State agency or a local public housing agency, the Commissioner may make available assistance for use in preventing the loss of housing affordable for low and moderate income families that is assisted under a State program under the terms of which the owner may prepay a State assisted or subsidized mortgage on such housing.


## Notes

### Source

Source: 57 FR 12060, 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).
