HUD Sends Proposed ‘Required Use’ Rule to OMB for Clearance
March 8, 2010
The Office of Management and Budget is reviewing a proposed rule from the Department of Housing and Urban Development addressing the revised definition of “required use.” Submitted Feb. 26, the proposed rule is expected to show a more streamlined definition of “required use” that would allow settlement service providers, possibly including home builders, to offer incentives to...