24 CFR 1007.40 - Environmental requirements.

Regulations last checked for updates: Nov 24, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024

View all text of Part 1007 [§ 1007.1 - § 1007.80]

§ 1007.40 - Environmental requirements.

Before HUD issues a commitment to guarantee any loan or (if no commitment is issued) before guarantee of any loan, there must be compliance with environmental review procedures to the extent applicable under part 50 of this title. If the loan involves proposed or new construction, HUD will require compliance with procedures similar to those required by § 203.12(b)(2) of this title for FHA mortgage insurance.

authority: 12 U.S.C. 1715z-13b; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)

source: 67 FR 40776, June 13, 2002, unless otherwise noted.

cite as: 24 CFR 1007.40