24 C.F.R. § 401.645   How does the owner dispute a notice of rejection?


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 401—MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET)
Subpart F—Owner Dispute of Rejection and Administrative Appeal

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§ 401.645   How does the owner dispute a notice of rejection?

(a) Notice of rejection. HUD will notify the owner of the reasons for a rejection under §§401.101, 401.402, 401.403, 401.405, 401.451, or §402.7 of this chapter. An owner will have 30 days from receipt of this notice to provide written objections or to cure the underlying basis for the objections. If the owner does not submit written objections or cure the underlying basis for the objections during that period, the decision will become a final determination under section 516(c) of MAHRA and is not subject to judicial review.

(b) Final decision after objection; right to administrative review. If an owner submits written objections or asserts that the underlying basis for the objections is cured, after consideration of the matter HUD will send the owner a final decision affirming, modifying, or reversing the rejection and setting forth the rationale for the final decision.

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