### Question
How is the "multifamily housing" defined?


### Answer
The term **multifamily housing** is defined in *12 U.S.C. § 1715z* as follows -

> housing accommodations on the mortgaged property that are designed principally for residential use, conform to standards satisfactory to the Secretary, and consist of not less than 5 rental units on 1 site

#### Citation:
  - *12 U.S.C. § 1715z*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

