Department of Housing and Urban Development January 11, 2016 – Federal Register Recent Federal Regulation Documents

Federal Housing Administration (FHA): Removal of 24 CFR 280-Nehemiah Housing Opportunity Grants Program
Document Number: 2016-327
Type: Rule
Date: 2016-01-11
Agency: Department of Housing and Urban Development
Through this rule, HUD removes the regulations for its Nehemiah Housing Opportunity Grants Program (NHOP). Under NHOP, HUD was authorized to make grants to nonprofit organizations to be used to provide loans to families purchasing homes constructed or substantially renovated in accordance with a HUD-approved program. In 1990, authority for NHOP was repealed by the National Affordable Housing Act. HUD removed obsolete NHOP regulations in 1996 but maintained regulatory provisions deemed necessary for the administration of existing NHOP grants. Currently, HUD administers only one NHOP grant agreement. As a result, HUD has determined that the remaining NHOP regulations are unnecessary. The existing grant and loans made under NHOP will continue to be governed by the regulations that existed immediately before the effective date of this final rule.
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