24 CFR § 1000.432 - Can an amendment to an approved guarantee be made?

---
identifier: "/us/cfr/t24/s1000.432"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 1000.432 - Can an amendment to an approved guarantee be made?"
title_number: 24
title_name: "Housing and Urban Development"
section_number: "1000.432"
section_name: "Can an amendment to an approved guarantee be made?"
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "1000"
part_name: "NATIVE AMERICAN HOUSING ACTIVITIES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "25 U.S.C. 4101  42 U.S.C. 3535(d)."
regulatory_source: "63 FR 12349, Mar. 12, 1998, unless otherwise noted."
cfr_part: "1000"
---


# 1000.432 Can an amendment to an approved guarantee be made?

(a) Yes. An amendment to an approved guarantee can occur if an applicant wishes to allow a borrower/issuer to carry out an activity not described in the loan or other obligation documents, or substantially to change the purpose, scope, location, or beneficiaries of an activity.

(b) Any changes to an approved guarantee must be approved by HUD.