---
kind: "section"
citation: "24 C.F.R. § 850.1"
title: "24"
number: "850.1"
heading: "Applicability and savings clause."
url: "https://uscodex.org/cfr/24/850.1"
---

# §850.1. Applicability and savings clause.

- (a) **Applicability.** This part implements the Housing Development Grant Program contained in section 17 of the United States Housing Act of 1937 ([42 U.S.C. 1437o](/usc/42/1437o.md)). The Program authorized the Secretary to make housing development grants to support the new construction or substantial rehabilitation of real property to be used primarily for residential rental purposes. [Section 289(b)(1)](/cfr/24/289.md?p=b-1) of the Cranston-Gonzalez National Affordable Housing Act ([42 U.S.C. 12839](/usc/42/12839.md)) repealed [section 17](/cfr/24/17.md) effective October 1, 1991. [Section 289(a)](/cfr/24/289.md?p=a) prohibited new grants under the Housing Development Grant Program except for projects for which binding commitments had been entered into prior to October 1, 1991.
- (b) **Savings clause.** Any grant made pursuant to a binding commitment entered into before October 1, 1991 will continue to be governed by subparts [A](/cfr/24/subpartA.md) through [E](/cfr/24/subpartE.md) of this part in effect immediately before April 1, 1996, and by [subpart F](/cfr/24/subpartF.md) of this part as currently in effect.

## Notes

### Amendments

[61 FR 7944, Feb. 29, 1996]

### Authority

Authority: 42 U.S.C. 1437o, 3535(d).

### Source

Source: 49 FR 24641, June 14, 1984, unless otherwise noted.

### Amendments

[61 FR 7944, Feb. 29, 1996]