---
kind: "section"
citation: "24 C.F.R. § 891.809"
title: "24"
number: "891.809"
heading: "Limitations on capital advance funds."
url: "https://uscodex.org/cfr/24/891.809"
---

# §891.809. Limitations on capital advance funds.


Capital advances are not available in connection with:

- (a) Acquisition of facilities currently owned and operated by the sponsor as housing for the elderly, except with rehabilitation as defined in [24 CFR 891.105](/cfr/24/891.105.md);
- (b) The financing or refinancing of federally assisted or insured projects;
- (c) Facilities currently owned and operated by the sponsor as housing for persons with disabilities, except with rehabilitation as defined in [24 CFR 891.105](/cfr/24/891.105.md); or
- (d) Units in [Section 202](/cfr/24/202.md) direct loan projects previously refinanced under the provisions of [section 811](/cfr/24/811.md) of the American Homeownership and Economic Opportunity Act of 2000, [12 U.S.C. 1701q](/usc/12/1701q.md) note.

## Notes

### Source

Source: 70 FR 54210, Sept. 13, 2005, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1701q; 42 U.S.C. 1437f, 3535(d), and 8013.

### Source

Source: 61 FR 11956, Mar. 22, 1996, unless otherwise noted.