24 C.F.R. PART 248--PREPAYMENT OF LOW INCOME HOUSING MORTGAGES
TITLE 24--Housing and Urban Development
Subtitle B--REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
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
Subpart A--GENERAL
|
|
| Election to proceed under subpart B or subpart C of this part.
|
|
Subpart B--PREPAYMENTS AND PLANS OF ACTION UNDER THE LOW INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP ACT OF 1990
|
|
| General prepayment limitation.
|
|
|
|
| Appraisal and preservation value of eligible low income housing.
|
|
|
|
| Annual authorized return and aggregate preservation rents.
|
|
|
|
| Determination of Federal cost limit.
|
|
|
|
| Limitations on action pursuant to Federal cost limit.
|
|
|
|
| Information from the Commissioner.
|
|
|
|
| Criteria for approval of a plan of action involving prepayment and voluntary termination.
|
|
|
|
| Criteria for approval of a plan of action involving incentives.
|
|
|
|
| Timetable for approval of a plan of action.
|
|
|
|
| Incentives to extend low income use.
|
|
|
|
| Voluntary sale of housing not in excess of Federal cost limit.
|
|
|
|
| Mandatory sale of housing in excess of the Federal cost limit.
|
|
|
|
| Assistance for displaced tenants.
|
|
|
|
| Permissible prepayment or voluntary termination and modification of commitments.
|
|
|
|
| Resident homeownership program.
|
|
|
|
| Resident homeownership program--limited equity cooperative.
|
|
|
|
| Delegated responsibility to State agencies.
|
|
|
|
| Consultation with other interested parties.
|
|
|
|
| Preemption of State and local laws.
|
|
Subpart C--PREPAYMENT AND PLANS OF ACTION UNDER THE EMERGENCY LOW INCOME PRESERVATION ACT OF 1987
|
|
| General prepayment limitation.
|
|
|
|
| Notice of intent to prepay.
|
|
|
|
| Notification of deficiencies.
|
|
|
|
| Revisions to plan of action.
|
|
|
|
| Tenant notice and opportunity to comment.
|
|
|
|
| Notification of approval.
|
|
|
|
| Approval of a plan of action that involves termination of low income affordability restrictions.
|
|
|
|
| Alternative State strategy.
|
|
|
|
| Incentives to extend low income use.
|
|
|
|
| Approval of a plan of action that includes incentives.
|
|
|
|
| Section 8 rental assistance.
|
|
|
|
| Modification of existing regulatory agreements.
|
|
|
|
| Consultation with other interested parties.
|
|
|
|
| Agreements implementing plans of action and State strategies.
|
|
Subpart D--STATE PRESERVATION PROJECT ASSISTANCE
|
|
| Approval of a State agency's initial application.
|
|
|
|
| Applicability of subpart B of this part.
|
|
|
|
| Authority to process and approve notices of intent and plans of action.
|
|
|
|
| Application for assistance.
|
|
Subpart E--TECHNICAL ASSISTANCE AND CAPACITY BUILDING
|
|
| Grants for building resident capacity and funding predevelopment costs.
|
|
|
|
| Grants for other purposes.
|
|
|
|
| Delivery of assistance through intermediaries.
|
|
