Elimination of Unnecessary Codifications

This final rule removes from title 24 of the Code of Federal Regulations the Department's codified appendices, parts, subparts, and text which are unnecessary. Following a review of existing HUD regulations in accordance with the President's regulatory reinvention initiative, the Department has determined that the codified appendices, parts, subparts, and text identified in this rule are unnecessary to be retained in the Code of Federal Regulations because the programs will not receive additional funding; no regulatory requirements are included in the codifications and, therefore, the provisions need not be codified or can be provided through other non-rulemaking means; e.g., notices or handbooks; the regulatory text is duplicative and can be found elsewhere; the program has ended; or there are only a few outstanding mortgages or contracts under the program. This final rule also removes several provisions describing cross- cutting definitions and HUD's waiver authority that were not addressed in the Department's final rule creating part 5, which was published on February 9, 1996. Part 5 was designed to set forth those definitions and program requirements which cut across several of the Department's programs.