---
kind: "section"
citation: "24 C.F.R. § 291.1"
title: "24"
number: "291.1"
heading: "Purpose and general requirements."
url: "https://uscodex.org/cfr/24/291.1"
---

# §291.1. Purpose and general requirements.

- (a) **Purpose.**
  - (1) This part governs the acquisition, possession, and disposition of one-to-four family properties acquired by the Federal Housing Administration (FHA) through foreclosure of an insured or Secretary-held mortgage or loan under the National Housing Act, or acquired by HUD under section 204(g) of the National Housing Act ([12 U.S.C. 1710(g)](/usc/12/1710.md?p=g)). HUD will issue detailed policies and procedures that must be followed in specific areas.
  - (2) The purpose of the property disposition program is to dispose of properties in a manner that expands homeownership opportunities, strengthens neighborhoods and communities, and ensures a maximum return to the mortgage insurance funds.
- (b) **Nondiscrimination policy.** The requirements set forth in 24 CFR parts [5](/cfr/24/part5.md) and [110](/cfr/24/part110.md) apply to the administration of any activity under this part. In addition, in accordance with [24 CFR 9.155(a)](/cfr/24/9.155.md?p=a), HUD must ensure that its policies and practices in conducting the single family property disposition program do not discriminate on the basis of disability.

## Notes

### Amendments

[64 FR 6479, Feb. 9, 1999, as amended at 81 FR 53002, Aug. 11, 2016]

### Source

Source: 64 FR 6479, Feb. 9, 1999, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1701 et seq.; 42 U.S.C. 1441, 1441a, 1551a, and 3535(d).

### Source

Source: 56 FR 46956, Sept. 16, 1991, unless otherwise noted.

### Amendments

[64 FR 6479, Feb. 9, 1999, as amended at 81 FR 53002, Aug. 11, 2016]