Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
SubChapter A - General |
Part 200 - Introduction to FHA Programs |
Subpart H - Participation and Compliance Requirements |
Previous Participation Review and Clearance Procedure |
§ 200.229 - Withholding approval.
Latest version.
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Approval of a principal may be withheld for:
(a) A period not to exceed 120 days when such action is deemed necessary to secure additional information upon which to base a final action including a determination as to whether a suspension or debarment action will be taken; or
(b) For a longer period pending the resolution of a criminal complaint or indictment.