24 CFR §200.95 — Certification of cost requirements
HUD / FHA Multifamily · a federal regulation, 24 CFR Part 200, Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects. It governs FHA's multifamily programs, not the Single Family Housing Policy Handbook 4000.1. Text as of eCFR 2026-10-09.
24 CFR §200.95, Certification of cost requirements. An FHA multifamily program rule in Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects of 24 CFR Part 200 (Introduction to FHA Programs).
Verbatim regulatory text
Verbatim provisions from 24 CFR §200.95 — Certification of cost requirements — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
24 CFR §200.95(a)
(a) Before initial endorsement of the mortgage for insurance, the mortgagor, the mortgagee, and the Commissioner shall enter into an agreement in form and content satisfactory to the Commissioner for the purpose of precluding any excess of mortgage proceeds over statutory limitations. Under this agreement, the mortgagor shall disclose its relationship with the builder, including any collateral agreement, and shall agree: (1) To enter into a construction contract, the terms of which shall depend on whether or not there exists an identity of interest between the mortgagor and the builder. (2) To execute a Certificate of Actual Costs, upon completion of all physical improvements on the mortgaged property. (3) To apply in reduction of the outstanding balance of the principal of the mortgage any excess of mortgage proceeds over statutory limitations based on actual cost.
24 CFR §200.95(b)
(b) The provisions of paragraph (a) of this section relating to disclosure and the requirement for a construction contract shall not apply where the mortgagor is the general contractor.
Get this regulation in your AI window
Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.
Add to Claude shows the one-time setup: paste one address, no account with us. Add to ChatGPT adds the free C4C app from ChatGPT’s app directory. Either way it’s free.
Get notified if this rule changes
One email when 24 CFR §200.95 — Certification of cost requirements changes: what changed, the new verbatim text, and the effective date. Nothing else.
Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.
Source of record: https://claudeforcompliance.com/regs/fha-24cfr-200-95/
· register fha-24cfr-200-95 · verbatim, source-snapshotted regulator text from the
Claude for Compliance corpus. To work from every register at once, download the corpus
and follow the methodology.