CFR > Title 24 - Housing and Urban Development > SUBTITLE B—Regulations Relating to Housing and Urban Development > CHAPTER XXIV—BOARD OF DIRECTORS OF THE HOPE FOR HOMEOWNERS PROGRAM (parts 4000 to 4001) > PART 4001—HOPE FOR HOMEOWNERS PROGRAM > SUBPART B—Eligibility Requirements and Underwriting Procedures (§4001.102 to §4001.122) > 4001.108—Eligible properties.

4001.108—Eligible properties.

(a) A mortgage may be insured under the Program only if the property that is to be the security for the mortgage is a 1-to-4 unit residence.
(b) The following property types are eligible to secure a mortgage insured under the 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.
[73 FR 58420, Oct. 6, 2008, as amended at 74 FR 621, Jan. 7, 2009]