24 CFR § 200.3 - Definitions.

---
identifier: "/us/cfr/t24/s200.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 200.3 - Definitions."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "200.3"
section_name: "Definitions."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "A"
subchapter_name: "GENERAL"
part_number: "200"
part_name: "INTRODUCTION TO FHA PROGRAMS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1702-1715z-21; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24467, Dec. 22, 1971, unless otherwise noted."
cfr_part: "200"
---


# 200.3 Definitions.

(a) The definitions “department”, “elderly person”, “family”, “HUD”, and “Secretary”, as used in this subpart A, shall have the meanings given these terms in 24 CFR part 5.

(b) The terms “*first mortgage*”, “*hospital*”, “*maturity date*”, “*mortgage*”, “*mortgagee*”, and “*state*”, as used in this subpart A shall have the meaning given in the section of the National Housing Act (12 U.S.C. 1701), as amended, under which the project mortgage is insured.

(c) As used in this subpart A:

*Act* means the National Housing Act, (12 U.S.C. 1701) as amended.

*Commissioner* means the Federal Housing Commissioner.

*FHA* means the Federal Housing Administration.

*Insured mortgage* means a mortgage which has been insured by the endorsement of the credit instrument by the Commissioner, or the Commissioner's duly authorized representative.

*Project* means a property consisting of site, improvements and, where permitted, equipment meeting the provisions of the applicable section of the Act, other applicable statutes and regulations, and terms, conditions and standards established by the Commissioner.

[61 FR 14399, Apr. 1, 1996, as amended at 77 FR 5675, Feb. 3, 2012]