; . B FHA 511. Definitions For purposes of this title, the following definitions shall apply: (1) Board The term Board means the Board of Directors of the FHA established under section 524. (2) Director The term Director means the Director of the Federal Housing Finance Agency. (3) FHA The term FHA means the Federal Housing Administration established under this title. (4) First-time homebuyer The term first-time homebuyer means an individual who meets any of the following criteria: (A) An individual, and his or her spouse, who has never had ownership in a principal residence, as evidenced by inclusion of such individual’s name on a mortgage, title, or deed in connection with such ownership. (B) A single parent (as such term is defined in section 956 of the Cranston-Gonzalez National Affordable Housing Act ( 42 U.S.C. 12713 )) who has only owned a principal residence with a former spouse while married. (C) An individual who is divorced, whose only ownership in a principal residence was together with a previous spouse, as evidenced by inclusion of such individual’s name on a mortgage, title, or deed in connection with such ownership. (D) An individual who is a displaced homemaker (as such term is defined in such section 956 of the Cranston-Gonzalez National Affordable Housing Act) and has only owned a principal residence with a spouse. (E) An individual who has only owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable regulations. (F) An individual who has only owned a property that was not in compliance with state, local or model building codes and which cannot be brought into compliance for less than the cost of constructing a permanent structure. (5) United States The term United States includes the States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, and Native American governments. 1 Organization 521. Establishment (a) In General There is hereby