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Electronic Code of Federal Regulations

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e-CFR Data is current as of November 20, 2014

Title 24Subtitle BChapter IISubchapter BPart 248


TITLE 24—Housing and Urban Development

Subtitle B—REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT (CONTINUED)

CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES

PART 248—PREPAYMENT OF LOW INCOME HOUSING MORTGAGES

rule

Subpart A—GENERAL

§248.1
Purpose.
§248.3
Applicability.
§248.5
Election to proceed under subpart B or subpart C of this part.
rule

Subpart B—PREPAYMENTS AND PLANS OF ACTION UNDER THE LOW INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP ACT OF 1990

§248.101
Definitions.
§248.103
General prepayment limitation.
§248.105
Notice of intent.
§248.111
Appraisal and preservation value of eligible low income housing.
§248.121
Annual authorized return and aggregate preservation rents.
§248.123
Determination of Federal cost limit.
§248.127
Limitations on action pursuant to Federal cost limit.
§248.131
Information from the Commissioner.
§248.133
Second notice of intent.
§248.135
Plans of action.
§248.141
Criteria for approval of a plan of action involving prepayment and voluntary termination.
§248.145
Criteria for approval of a plan of action involving incentives.
§248.147
Housing standards.
§248.149
Timetable for approval of a plan of action.
§248.153
Incentives to extend low income use.
§248.157
Voluntary sale of housing not in excess of Federal cost limit.
§248.161
Mandatory sale of housing in excess of the Federal cost limit.
§248.165
Assistance for displaced tenants.
§248.169
Permissible prepayment or voluntary termination and modification of commitments.
§248.173
Resident homeownership program.
§248.175
Resident homeownership program—limited equity cooperative.
§248.177
Delegated responsibility to State agencies.
§248.179
Consultation with other interested parties.
§248.181
Notice to tenants.
§248.183
Preemption of State and local laws.
rule

Subpart C—PREPAYMENT AND PLANS OF ACTION UNDER THE EMERGENCY LOW INCOME PRESERVATION ACT OF 1987

§248.201
Definitions.
§248.203
General prepayment limitation.
§248.211
Notice of intent to prepay.
§248.213
Plan of action.
§248.215
Notification of deficiencies.
§248.217
Revisions to plan of action.
§248.218
Tenant notice and opportunity to comment.
§248.219
Notification of approval.
§248.221
Approval of a plan of action that involves termination of low income affordability restrictions.
§248.223
Alternative State strategy.
§248.231
Incentives to extend low income use.
§248.233
Approval of a plan of action that includes incentives.
§248.234
Section 8 rental assistance.
§248.241
Modification of existing regulatory agreements.
§248.251
Consultation with other interested parties.
§248.261
Agreements implementing plans of action and State strategies.
rule

Subpart D—STATE PRESERVATION PROJECT ASSISTANCE

§248.300
General.
§248.301
Initial application.
§248.303
Approval of a State agency's initial application.
§248.305
Applicability of subpart B of this part.
§248.307
Authority to process and approve notices of intent and plans of action.
§248.311
Notice of intent.
§248.315
Preservation agreements.
§248.319
Application for assistance.
rule

Subpart E—TECHNICAL ASSISTANCE AND CAPACITY BUILDING

§248.401
Purposes.
§248.405
Grants for building resident capacity and funding predevelopment costs.
§248.410
Grants for other purposes.
§248.415
Delivery of assistance through intermediaries.
§248.420
Definitions.


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