View all text of Subpart B [§ 1000.101 - § 1000.162]

§ 1000.144 - What are binding commitments satisfactory to HUD?

A binding commitment satisfactory to HUD is a written use restriction agreement, developed by the recipient, and placed on an assisted property for the period of its useful life.

[77 FR 71526, Dec. 3, 2012]