CFR > Title 24 - Housing and Urban Development > SUBTITLE B—Regulations Relating to Housing and Urban Development > CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (parts 200 to 291) > SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES (parts 201 to 266) > PART 257—HOPE FOR HOMEOWNERS PROGRAM > SUBPART B—Eligibility Requirements and Underwriting Procedures (§257.102 to §257.122) > 257.108—Eligible properties.

257.108—Eligible properties.

(a) A mortgage may be insured under the H4H program only if the property that is to be the security for the mortgage is a one-to-four unit residence.
(b) The following property types are eligible to secure a mortgage insured under the H4H program:
(1) Detached and semi-detached dwellings;
(2) A condominium unit;
(3) A cooperative unit; or
(4) A manufactured home that is permanently affixed to realty and is treated as realty under applicable state law, except state taxation law.