www.hudclips.org 


U. S. Department of Housing and Urban Development
Washington, D.C. 20410-8000

 
August 30, 1995
 
OFFICE OF THE ASSISTANT SECRETARY
FOR HOUSING-FEDERAL HOUSING COMMISSIONER
 
Mortgagee Letter 95-39
 
TO: ALL APPROVED MORTGAGEES
 
SUBJECT:Single Family Loan Production - Extension of Time for
Disaster Victims of Hurricane Andrew in South Florida to
Apply for Section 203(h) Mortgage Insurance.
 
        This Mortgagee Letter is to advise you of actions taken by the
Department to assist victims of Hurricane Andrew in South Florida.
Currently, 24 CFR 203.18(e)(3) requires the application for
mortgage insurance under Section 203(h) to be filed within one year
after the Presidential declaration of disaster. The President's
declaration of a major disaster was signed in August 1992 for the
victims of Hurricane Andrew in South Florida. Because of the extent
of destruction the Department determined that the one year period
plus the extensions for the last two years (Mortgagee Letters 93-25
and 94-35) is insufficient to meet the housing needs of the
hurricane victims. Consequently, the Department is extending, for
the final time, the period for victims of the hurricane to apply
for Section 203(h) to August 31, 1996.
 
        If you have any questions regarding these issues, please
contact your local HUD
 
Sincerely yours,
 

Nicolas P. Retsinas
Assistant Secretary for Housing-
Federal Housing Commissioner