Title 24, Part 401 — Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-to-market)
65 sections
Section 401.1
What is the purpose of part 401?
Section 401.2
What special definitions apply to this part?
Section 401.3
Who may waive provisions in this part?
Section 401.99
How does an owner request a section 8 contract renewal?
Section 401.100
Which projects are eligible for a Restructuring Plan under this part?
Section 401.101
Which owners are ineligible to request Restructuring Plans?
Section 401.200
Who may be a PAE?
Section 401.201
How does HUD select PAEs?
Section 401.300
What is a PRA?
Section 401.301
Partnership arrangements.
Section 401.302
PRA administrative requirements.
Section 401.303
PRA indemnity provisions for SHFAs and HAs.
Section 401.304
PRA provisions on PAE compensation.
Section 401.309
PRA term and termination provisions; other provisions.
Section 401.310
Conflicts of interest.
Section 401.311
Standards of conduct.
Section 401.312
Confidentiality of information.
Section 401.313
Consequences of PAE violations; finality of HUD determination.
Section 401.314
Environmental review responsibilities.
Section 401.400
Required elements of a Restructuring Plan.
Section 401.401
Consolidated Restructuring Plans.
Section 401.402
Cooperation with owner and qualified mortgagee in Restructuring Plan development.
Section 401.403
Rejection of a request for a Restructuring Plan because of actions or omissions of owner or affiliate or project condition.
Section 401.404
Proposed Restructuring Commitment.
Section 401.405
Restructuring Commitment review and approval by HUD.
Section 401.406
Execution of Restructuring Commitment.
Section 401.407
Closing conducted by PAE.
Section 401.408
Affordability and use restrictions required.
Section 401.410
Standards for determining comparable market rents.
Section 401.411
Guidelines for determining exception rents.
Section 401.412
Adjustment of rents based on operating cost adjustment factor (OCAF) or budget.
Section 401.420
When must the Restructuring Plan require project-based assistance?
Section 401.421
Rental Assistance Assessment Plan.
Section 401.450
Owner evaluation of physical condition.
Section 401.451
PAE Physical Condition Analysis (PCA).
Section 401.452
Property standards for rehabilitation.
Section 401.453
Reserves.
Section 401.460
Modification or refinancing of first mortgage.
Section 401.461
HUD-held second mortgage.
Section 401.471
HUD payment of a section 541(b) claim.
Section 401.472
Rehabilitation funding.
Section 401.473
HUD grants for rehabilitation under section 236(s) of NA.
Section 401.474
Project accounts.
Section 401.480
Sale or transfer of project.
Section 401.481
Subsidy layering limitations on HUD funds.
Section 401.500
Required notices to third parties and meeting with third parties.
Section 401.501
Delivery of notices and recipients of notices.
Section 401.502
Notice requirement when debt restructuring will not occur.
Section 401.503
Access to information.
Section 401.550
Monitoring and compliance agreements.
Section 401.552
Servicing of second mortgage.
Section 401.554
Contract renewal and administration.
Section 401.556
Leasing units to voucher holders.
Section 401.558
Physical condition standards.
Section 401.560
Property management standards.
Section 401.595
Contract and regulatory provisions.
Section 401.600
Will a section 8 contract be extended if it would expire while an owner's request for a Restructuring Plan is pending?
Section 401.601
[Reserved]
Section 401.602
Tenant protections if an expiring contract is not renewed.
Section 401.605
Project-based assistance provisions.
Section 401.606
Tenant-based assistance provisions.
Section 401.645
Owner request to review HUD decision.
Section 401.650
When may the owner request an administrative appeal?
Section 401.651
Appeal procedures.
Section 401.652
No judicial review.