Code of Federal Regulations · Section
§ 1000.414 — How Is An Issuer's Financial Capacity Demonstrated?
24 C.F.R. § 1000.414
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An issuer must demonstrate its financial capacity to:
(a) Meet its obligations; and
(b) Protect and maintain the viability of housing developed or operated pursuant to the 1937 Act.
Authorizing Statute
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Administrative provisions42 U.S.C. § 3535
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Congressional findings25 U.S.C. § 4101