Common use of Environmental Procedures Clause in Contracts

Environmental Procedures. Before any lender’s submission requesting a loan guarantee for the acquisition, re- habilitation, or construction of real property can be selected for a loan guarantee, HUD shall determine whether any environmental thresholds are exceeded in accordance with 24 CFR part 50, which implements the National Environmental Policy Act (NEPA) and the related Federal environmental laws and authorities listed under 24 CFR

Appears in 2 contracts

Sources: Loan Guarantee Agreement, Fiscal Agency Agreement