13VAC10-10-50. Federally assisted loans.
When a housing development or dwelling unit financed by a loan under this chapter or otherwise assisted by the authority is subject to federal mortgage insurance or is otherwise assisted or aided, directly or indirectly, by the federal government or where the authority assists in the administration of any federal program, the applicable federal law and rules and regulations shall be controlling over any inconsistent provision hereof.
Statutory Authority
§ 36-55.30:3 of the Code of Virginia.
Historical Notes
Derived from VR400-01-0001 § 5, eff. July 1, 1987; amended, Virginia Register Volume 3, Issue 23, eff. August 10, 1987; Volume 4, Issue 3, eff. November 1, 1987; Volume 4, Issue 14, eff. March 16, 1988; Volume 4, Issue 23, eff. July 19, 1988; Volume 5, Issue 21, eff. July 1, 1989; Volume 7, Issue 10, eff. January 16, 1991; Volume 8, Issue 6, eff. November 15, 1991; Volume 10, Issue 21, eff. June 21, 1994; Volume 11, Issue 6, eff. November 16, 1994.