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Title 24

Displaying title 24, up to date as of 7/17/2026. Title 24 was last amended 7/13/2026.
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Title 24Housing and Urban DevelopmentPart / Section
Subtitle BRegulations Relating to Housing and Urban Development100 – 4199
Chapter IVOffice of Housing and Office of Multifamily Housing Assistance Restructuring, Department of Housing and Urban Development400 – 499
Part 401Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-to-Market)401.1 – 401.652
Subpart CRestructuring Plan401.400 – 401.503
§ 401.400Required elements of a Restructuring Plan.
§ 401.401Consolidated Restructuring Plans.
§ 401.402Cooperation with owner and qualified mortgagee in Restructuring Plan development.
§ 401.403Rejection of a request for a Restructuring Plan because of actions or omissions of owner or affiliate or project condition.
§ 401.404Proposed Restructuring Commitment.
§ 401.405Restructuring Commitment review and approval by HUD.
§ 401.406Execution of Restructuring Commitment.
§ 401.407Closing conducted by PAE.
§ 401.408Affordability and use restrictions required.
§ 401.410Standards for determining comparable market rents.
§ 401.411Guidelines for determining exception rents.
§ 401.412Adjustment of rents based on operating cost adjustment factor (OCAF) or budget.
§ 401.420When must the Restructuring Plan require project-based assistance?
§ 401.421Rental Assistance Assessment Plan.
§ 401.450Owner evaluation of physical condition.
§ 401.451PAE Physical Condition Analysis (PCA).
§ 401.452Property standards for rehabilitation.
§ 401.453Reserves.
§ 401.460Modification or refinancing of first mortgage.
§ 401.461HUD-held second mortgage.
§ 401.471HUD payment of a section 541(b) claim.
§ 401.472Rehabilitation funding.
§ 401.473HUD grants for rehabilitation under section 236(s) of NA.
§ 401.474Project accounts.
§ 401.480Sale or transfer of project.
§ 401.481Subsidy layering limitations on HUD funds.
§ 401.500Required notices to third parties and meeting with third parties.
§ 401.501Delivery of notices and recipients of notices.
§ 401.502Notice requirement when debt restructuring will not occur.
§ 401.503Access to information.