24 C.F.R. § 1005.425
Rental properties.
Cite as 24 C.F.R. § 1005.425 (2026)
(a)
When a Borrower is an Indian Family.
A Section 184 Guaranteed Loan may be used to purchase, construct, rehabilitate, or refinance a property, which may contain up to four dwelling units. The Borrower must occupy one unit on the property as a Principal Residence and may rent the additional units.
(b)
When the Borrower is a Tribe or TDHE.
There is no limit to the number of properties a Tribe or TDHE may purchase or own with a Section 184 Guaranteed Loan(s) on or off Trust Land. However, the Tribe or TDHE must meet all applicable Section 184 program requirements.