---
kind: "section"
citation: "24 C.F.R. § 266.648"
title: "24"
number: "266.648"
heading: "Items included in total loss."
url: "https://uscodex.org/cfr/24/266.648"
---

# §266.648. Items included in total loss.


In computing the total loss, the following items are added to the amount described in [§ 266.646(a)](/cfr/24/266.646.md?p=a):

- (a) **The amount of all payments that the HFA made from its own funds and not from project income for—**
  - (1) Taxes, special assessments, and water bills that are liens before the Mortgage; and
  - (2) **Fire and hazard insurance on the property.**
- (b) **A reasonable amount of acquisition costs actually paid by the HFA.** These costs may not include loss or damage resulting from the invalidity or unenforceability of the Mortgage lien or the unmarketability of the Mortgagor's title.
- (c) **Reasonable payments that the HFA made from its own funds and not from project income for—**
  - (1) Preservation, operation and maintenance of the property;
  - (2) Repairs necessary to meet the requirements of local laws;
  - (3) Expenses in connection with the sale of property; and
  - (4) **Bankruptcy expenses approved by HUD.**
- (d) **The amount of HFA Debenture interest paid by the HFA to HUD.**

## Notes

### Amendments

[59 FR 62524, Dec. 5, 1994, as amended at 85 FR 83445, Dec. 22, 2020]

### Authority

Authority: 12 U.S.C. 1715z-22.; 42 U.S.C. 3535(d).

### Source

Source: 59 FR 62524, Dec. 5, 1994, unless otherwise noted.

### Amendments

[59 FR 62524, Dec. 5, 1994, as amended at 85 FR 83445, Dec. 22, 2020]