# Multifamily Cooperative Refinancing and Conversion Program
> **US Department of Housing and Urban Development** · Interim rule. · Published 1995-02-23 · 60 FR 10016
## Document
- **Document number:** 95-4366
- **Category:** hud-other
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 60 FR 10016
- **CFR reference:** 24 CFR 207
- **Publication date:** 1995-02-23
- **Docket:** Docket No. R-95-1768
## Abstract

HUD's multifamily mortgage insurance regulations are being amended to revise the occupancy requirements for rental projects converted to cooperative ownership. The amended regulations replace the strict 70 percent owner-occupant subscription requirement with one that varies according to the loan-to-value ratio. This flexibility will allow the Federal Housing Commissioner to expand affordable housing opportunities.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1995/02/23/95-4366/multifamily-cooperative-refinancing-and-conversion-program)
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