24 CFR § 245.5 - Purpose.

---
identifier: "/us/cfr/t24/s245.5"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 245.5 - Purpose."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "245.5"
section_name: "Purpose."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "B"
subchapter_name: "MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES"
part_number: "245"
part_name: "TENANT PARTICIPATION IN MULTIFAMILY HOUSING PROJECTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1715z-1b; 42 U.S.C. 3535(d)."
cfr_part: "245"
---


# 245.5 Purpose.

The purpose of this part is to recognize the importance and benefits of cooperation and participation of tenants in creating a suitable living environment in multifamily housing projects and in contributing to the successful operation of such projects, including their good physical condition, proper maintenance, security, energy efficiency, and control of operating costs.

[50 FR 32402, Aug. 12, 1985]