Removal of Obsolete Regulations for Section 236 of the National Housing Act

Document 2024-12199 is a Final Rule published by the Department of Housing and Urban Development in the Federal Register on June 4, 2024, with an effective date of July 5, 2024. This rule removes HUD's obsolete regulations under the Rental and Cooperative Housing for Lower Income Families Program under section 236 of the National Housing Act ("Section 236"), as amended. HUD has determined that the provisions regulating Section 236 insured projects and Section 236 Rental Assistance Payment ("RAP") projects are obsolete and unnecessary because there are no remaining properties or projects subject to these regulations, and no new agreements are being established under these programs. View the original at https://www.federalregister.gov/documents/2024/06/04/2024-12199/removal-of-obsolete-regulations-for-section-236-of-the-national-housing-act.

No. Document 2024-12199 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.