This final rule adds a new part 950 to HUD's regulations. New part 950 contains the Indian Housing consolidated regulations that were previously set forth in 24 CFR part 905. In addition to moving the Indian Housing consolidated regulations from part 905 to part 950, the final rule amends a number of the Indian Housing consolidated regulations to simplify program processes, reduce the number of regulatory requirements, and provide more flexibility to local tribal and Indian housing authority officials in the administration of the Indian Housing program.