24 CFR § 1005.405 - Borrower residency status.

---
identifier: "/us/cfr/t24/s1005.405"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 1005.405 - Borrower residency status."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "1005.405"
section_name: "Borrower residency status."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "1005"
part_name: "LOAN GUARANTEES FOR INDIAN HOUSING"
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-13a; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)."
regulatory_source: "89 FR 20056, Mar. 20, 2024; 89 FR 22084, Mar. 29, 2024, unless otherwise noted."
cfr_part: "1005"
---


# 1005.405 Borrower residency status.

(a) An eligible Borrower who is an Indian must be:

(1) A U.S. citizen; or

(2) A lawful permanent resident alien.

(b) Documentation must be provided to the Direct Guarantee Lender to support lawful residency status as defined in the Immigration and Nationality Act, codified at 8 U.S.C. 1101, *et seq.*

[89 FR 20056, Mar. 20, 2024, as amended at 90 FR 42706, Sept. 4, 2025]