### Question
What is the definition of insured mortgage covering a tax credit project?


### Answer
The definition of **insured mortgage covering a tax credit project** is as follows in *12 U.S.C. § 1715s*:

> a mortgage insured under any provision of this subchapter that is executed in connection with the construction, rehabilitation, purchase, or refinancing of a multifamily housing project for which equity [1](#1715s_1_target) provided through any low-income housing tax credit pursuant to section 42 of title 26

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

