24 CFR § 245.419 - Initial submission of materials to HUD: Major capital additions.
---
identifier: "/us/cfr/t24/s245.419"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 245.419 - Initial submission of materials to HUD: Major capital additions."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "245.419"
section_name: "Initial submission of materials to HUD: Major capital additions."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "B"
subchapter_name: "MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES"
part_number: "245"
part_name: "TENANT PARTICIPATION IN MULTIFAMILY HOUSING PROJECTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1715z-1b; 42 U.S.C. 3535(d)."
cfr_part: "245"
---
# 245.419 Initial submission of materials to HUD: Major capital additions.
In the case of major capital additions, the mortgagor must submit the following materials to the local HUD office:
(a) The general plans and sketches of the proposed capital additions;
(b) A statement describing the estimated effect of the proposed capital additions on the value of the project, the project income and expenses (including property taxes), and the project rent schedule;
(c) A statement describing how the proposed capital additions will be financed and the effect, if any, of that financing on the tenants;
(d) A statement assessing the compatibility of the proposed capital additions with the residential character of the project; and
(e) A copy of the notice to tenants.
(Approved by the Office of Management and Budget under control number 2502-0310)