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12 U.S.C. 1701q; 42 U.S.C. 1437f, 3535(d), and 8013.
61 FR 11956, Mar. 22, 1996, unless otherwise noted.
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(a) In general. In addition to the applicable project standards in § 891.120, resident units in Section 202 projects are limited to efficiencies or one-bedroom units, except as specified under paragraph (b) of this section. If a resident manager is proposed for a project, up to two bedrooms could be provided for the resident manager unit.
(b) Exception. Resident units in Section 202 projects may be two-bedroom units if a portion of the units are financed by other sources. Resident units may be two-bedroom units provided that the square footage in excess of the one-bedroom size limits are treated as excess amenities as specified in § 891.120.
[78 FR 37113, June 20, 2013]