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Electronic Code of Federal Regulations

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e-CFR Data is current as of August 29, 2014

Title 24Subtitle BChapter IVPart 401


TITLE 24—Housing and Urban Development

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

CHAPTER IV—OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

PART 401—MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET)

rule

Subpart A—GENERAL PROVISIONS; ELIGIBILITY

§401.1
What is the purpose of part 401?
§401.2
What special definitions apply to this part?
§401.3
Who may waive provisions in this part?
§401.99
How does an owner request a section 8 contract renewal?
§401.100
Which projects are eligible for a Restructuring Plan under this part?
§401.101
Which owners are ineligible to request Restructuring Plans?
rule

Subpart B—PARTICIPATING ADMINISTRATIVE ENTITY (PAE) AND PORTFOLIO RESTRUCTURING AGREEMENT (PRA)

§401.200
Who may be a PAE?
§401.201
How does HUD select PAEs?
§401.300
What is a PRA?
§401.301
Partnership arrangements.
§401.302
PRA administrative requirements.
§401.303
PRA indemnity provisions for SHFAs and HAs.
§401.304
PRA provisions on PAE compensation.
§401.309
PRA term and termination provisions; other provisions.
§401.310
Conflicts of interest.
§401.311
Standards of conduct.
§401.312
Confidentiality of information.
§401.313
Consequences of PAE violations; finality of HUD determination.
§401.314
Environmental review responsibilities.
rule

Subpart C—RESTRUCTURING PLAN

§401.400
Required elements of a Restructuring Plan.
§401.401
Consolidated Restructuring Plans.
§401.402
Cooperation with owner and qualified mortgagee in Restructuring Plan development.
§401.403
Rejection of a request for a Restructuring Plan because of actions or omissions of owner or affiliate or project condition.
§401.404
Proposed Restructuring Commitment.
§401.405
Restructuring Commitment review and approval by HUD.
§401.406
Execution of Restructuring Commitment.
§401.407
Closing conducted by PAE.
§401.408
Affordability and use restrictions required.
§401.410
Standards for determining comparable market rents.
§401.411
Guidelines for determining exception rents.
§401.412
Adjustment of rents based on operating cost adjustment factor (OCAF) or budget.
§401.420
When must the Restructuring Plan require project-based assistance?
§401.421
Rental Assistance Assessment Plan.
§401.450
Owner evaluation of physical condition.
§401.451
PAE Physical Condition Analysis (PCA).
§401.452
Property standards for rehabilitation.
§401.453
Reserves.
§401.460
Modification or refinancing of first mortgage.
§401.461
HUD-held second mortgage.
§401.471
HUD payment of a section 541(b) claim.
§401.472
Rehabilitation funding.
§401.473
HUD grants for rehabilitation under section 236(s) of NA.
§401.474
Project accounts.
§401.480
Sale or transfer of project.
§401.481
Subsidy layering limitations on HUD funds.
§401.500
Required notices to third parties and meeting with third parties.
§401.501
Delivery of notices and recipients of notices.
§401.502
Notice requirement when debt restructuring will not occur.
§401.503
Access to information.
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Subpart D—IMPLEMENTATION OF THE RESTRUCTURING PLAN AFTER CLOSING

§401.550
Monitoring and compliance agreements.
§401.552
Servicing of second mortgage.
§401.554
Contract renewal and administration.
§401.556
Leasing units to voucher holders.
§401.558
Physical condition standards.
§401.560
Property management standards.
rule

Subpart E—SECTION 8 REQUIREMENTS FOR RESTRUCTURED PROJECTS

§401.595
Contract and regulatory provisions.
§401.600
Will a section 8 contract be extended if it would expire while an owner's request for a Restructuring Plan is pending?
§401.601
[Reserved]
§401.602
Tenant protections if an expiring contract is not renewed.
§401.605
Project-based assistance provisions.
§401.606
Tenant-based assistance provisions.
rule

Subpart F—OWNER DISPUTE OF REJECTION AND ADMINISTRATIVE APPEAL

§401.645
Owner request to review HUD decision.
§401.650
When may the owner request an administrative appeal?
§401.651
Appeal procedures.
§401.652
No judicial review.


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