Laws and Regulations

§ 200.24

24 CFR Ch. II (4–1–05 Edition)

project located in an older declining
urban area shall be eligible for insurance pursuant to provisions of section
223(e) of the Act and such terms and
conditions established by the Commissioner.

§ 200.33

Labor standards

(a) The requirements set forth in 29
CFR parts 1, 3 and 5 for compliance
with labor standards laws apply to
projects under these programs to the
extent that labor standards apply as
provided in section 212 of the Act, provided that:
(1) The labor standards provisions do
not apply to projects insured under sections 207 or 232 pursuant to section
223(f) of the Act; and
(2) Supplemental loans under section
241 of the Act are subject to the provisions of section 212 applicable to the
section or title pursuant to which the
mortgage covering the project is insured or pursuant to which the original
mortgage was insured.
(b) The requirements set forth in 24
CFR part 70 apply to those programs
with respect to which there is a statutory provision allowing HUD waiver of
Davis-Bacon prevailing wage rates for
volunteers.
(c) Project commitments, contracts
and agreements, as determined by the
Commissioner, and construction contracts and subcontracts, shall include
terms, conditions and standards for
compliance with applicable requirements set forth in 29 CFR parts 1, 3 and
5 and section 212 of the Act.
(d) No advance under a loan or mortgage that is subject to the requirements of section 212 shall be eligible
for insurance unless there is filed with
the application for the advance a certificate as required by the Commissioner certifying that the laborers and
mechanics employed in construction of
the project have been paid not less
than the wage rates required under section 212.

§ 200.24 Existing projects.
A mortgage financing the purchase
or refinance of an existing rental housing project under section 207 of the
Act, or for refinancing the existing
debt of an existing nursing home, intermediate care facility, assisted living
facility or board and care home, or any
combination thereof, under section 232
of the Act, or hospital under section
242 of the Act may be insured pursuant
to provisions of section 223(f) of the Act
and such terms and conditions established by the Commissioner.
§ 200.25 Supplemental loans.
A loan, advance of credit or purchase
of an obligation representing a loan or
advance of credit made for the purpose
of financing improvements or additions
to a project covered by a mortgage insured under any section of the Act or
Commissioner held mortgage, or equipment for a nursing home, intermediate
care facility, board and care home, assisted living facility, hospital or group
practices facility, may be insured pursuant to the provisions of section 241 of
the Act and such terms and conditions
established by the Commissioner.
MISCELLANEOUS CROSS CUTTING
REGULATIONS
§ 200.30 Nondiscrimination and equal
opportunity.
The requirements set forth in 24 CFR
part 5, and subparts I, J, and M of this
part pertaining to nondiscrimination
and equal opportunity, apply to these
programs.

§ 200.34 Property and mortgage assessment.

§ 200.31 Debarment and suspension.
The requirements set forth in 24 CFR
part 24, except subpart F, apply to
these programs.

The requirements set forth in 24 CFR
part 200, subpart E, regarding the mortgagor’s responsibility for making those
investigations, analysis and inspections it deems necessary for protecting
its interests in the property apply to
these programs.

§ 200.32 Participation and compliance
requirements.
The requirements set forth in 24 CFR
part 200, subpart H, apply to these programs.

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