(iii) Insured as new construction based upon a Certificate of Reasonable Value issued by the Department of Veterans Affairs. (ii) Approved for insurance or other benefits based upon participation in an insured warranty program or (i) Approved for insurance or other benefits prior to the start of construction, including approval under the Direct Endorsement process described in § 203.5 of this chapter, or under the Lender Insurance process described in § 203.6 of this chapter The standards referenced in paragraph (a)(1) of this section are applicable to structures which are: (2) Applicability of standards to new construction. Section 200.926d(c)(4) also applies to four-unit homes. The standards identified or contained in this section, and in §§ 200.926a- 200.926e, apply to single family detached homes, duplexes, three-unit homes, and to living units in a structure where the units are located side-by-side in town house fashion. § 200.926 Minimum property standards for one and two family dwellings.
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