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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
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SubChapter A - General |
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Part 200 - Introduction to FHA Programs |
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Subpart H - Participation and Compliance Requirements |
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Previous Participation Review and Clearance Procedure |
§ 200.226 - Determination by the Participation Control Officer.
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(a) The Participation Control Officer is authorized to:
(1) Approve a principal when a review of the previous participation certificate and other available information reveals that there are no grounds to withhold approval or disapprove under the standards in §200.229 or §200.230, respectively;
(2) Disapprove a principal who; (i) is suspended or debarred or otherwise restricted under 2 CFR part 2424; or (ii) has been disapproved for participation no more than 12 months prior to the filing of the certificate under review, unless the principal has requested reconsideration of the disapproval;
(3) Refer all other cases to the Review Committee, together with all available information and documents and a recommendation of the action to be taken.
[45 FR 54199, Aug. 14, 1980, as amended at 72 FR 73494, Dec. 27, 2007]