Title 24

PART 248

Part 248 - Prepayment Of Low Income Housing Mortgages

PART 248 - PREPAYMENT OF LOW INCOME HOUSING MORTGAGES Authority:12 U.S.C. 17151 note, 4101 note, and 4101-4124; 42 U.S.C. 3535(d).

24:2.1.1.2.24.1SUBPART A
Subpart A - General
24:2.1.1.2.24.1.211.1SECTION 248.1
   248.1 Purpose.
24:2.1.1.2.24.1.211.2SECTION 248.3
   248.3 Applicability.
24:2.1.1.2.24.1.211.3SECTION 248.5
   248.5 Election to proceed under subpart B or subpart C of this part.
24:2.1.1.2.24.2SUBPART B
Subpart B - Prepayments and Plans of Action Under the Low Income Housing Preservation and Resident Homeownership Act of 1990
24:2.1.1.2.24.2.211.1SECTION 248.101
   248.101 Definitions.
24:2.1.1.2.24.2.211.2SECTION 248.103
   248.103 General prepayment limitation.
24:2.1.1.2.24.2.211.3SECTION 248.105
   248.105 Notice of intent.
24:2.1.1.2.24.2.211.4SECTION 248.111
   248.111 Appraisal and preservation value of eligible low income housing.
24:2.1.1.2.24.2.211.5SECTION 248.121
   248.121 Annual authorized return and aggregate preservation rents.
24:2.1.1.2.24.2.211.6SECTION 248.123
   248.123 Determination of Federal cost limit.
24:2.1.1.2.24.2.211.7SECTION 248.127
   248.127 Limitations on action pursuant to Federal cost limit.
24:2.1.1.2.24.2.211.8SECTION 248.131
   248.131 Information from the Commissioner.
24:2.1.1.2.24.2.211.9SECTION 248.133
   248.133 Second notice of intent.
24:2.1.1.2.24.2.211.10SECTION 248.135
   248.135 Plans of action.
24:2.1.1.2.24.2.211.11SECTION 248.141
   248.141 Criteria for approval of a plan of action involving prepayment and voluntary termination.
24:2.1.1.2.24.2.211.12SECTION 248.145
   248.145 Criteria for approval of a plan of action involving incentives.
24:2.1.1.2.24.2.211.13SECTION 248.147
   248.147 Housing standards.
24:2.1.1.2.24.2.211.14SECTION 248.149
   248.149 Timetable for approval of a plan of action.
24:2.1.1.2.24.2.211.15SECTION 248.153
   248.153 Incentives to extend low income use.
24:2.1.1.2.24.2.211.16SECTION 248.157
   248.157 Voluntary sale of housing not in excess of Federal cost limit.
24:2.1.1.2.24.2.211.17SECTION 248.161
   248.161 Mandatory sale of housing in excess of the Federal cost limit.
24:2.1.1.2.24.2.211.18SECTION 248.165
   248.165 Assistance for displaced tenants.
24:2.1.1.2.24.2.211.19SECTION 248.169
   248.169 Permissible prepayment or voluntary termination and modification of commitments.
24:2.1.1.2.24.2.211.20SECTION 248.173
   248.173 Resident homeownership program.
24:2.1.1.2.24.2.211.21SECTION 248.175
   248.175 Resident homeownership program - limited equity cooperative.
24:2.1.1.2.24.2.211.22SECTION 248.177
   248.177 Delegated responsibility to State agencies.
24:2.1.1.2.24.2.211.23SECTION 248.179
   248.179 Consultation with other interested parties.
24:2.1.1.2.24.2.211.24SECTION 248.181
   248.181 Notice to tenants.
24:2.1.1.2.24.2.211.25SECTION 248.183
   248.183 Preemption of State and local laws.
24:2.1.1.2.24.3SUBPART C
Subpart C - Prepayment and Plans of Action Under the Emergency Low Income Preservation Act of 1987
24:2.1.1.2.24.3.211.1SECTION 248.201
   248.201 Definitions.
24:2.1.1.2.24.3.211.2SECTION 248.203
   248.203 General prepayment limitation.
24:2.1.1.2.24.3.211.3SECTION 248.211
   248.211 Notice of intent to prepay.
24:2.1.1.2.24.3.211.4SECTION 248.213
   248.213 Plan of action.
24:2.1.1.2.24.3.211.5SECTION 248.215
   248.215 Notification of deficiencies.
24:2.1.1.2.24.3.211.6SECTION 248.217
   248.217 Revisions to plan of action.
24:2.1.1.2.24.3.211.7SECTION 248.218
   248.218 Tenant notice and opportunity to comment.
24:2.1.1.2.24.3.211.8SECTION 248.219
   248.219 Notification of approval.
24:2.1.1.2.24.3.211.9SECTION 248.221
   248.221 Approval of a plan of action that involves termination of low income affordability restrictions.
24:2.1.1.2.24.3.211.10SECTION 248.223
   248.223 Alternative State strategy.
24:2.1.1.2.24.3.211.11SECTION 248.231
   248.231 Incentives to extend low income use.
24:2.1.1.2.24.3.211.12SECTION 248.233
   248.233 Approval of a plan of action that includes incentives.
24:2.1.1.2.24.3.211.13SECTION 248.234
   248.234 Section 8 rental assistance.
24:2.1.1.2.24.3.211.14SECTION 248.241
   248.241 Modification of existing regulatory agreements.
24:2.1.1.2.24.3.211.15SECTION 248.251
   248.251 Consultation with other interested parties.
24:2.1.1.2.24.3.211.16SECTION 248.261
   248.261 Agreements implementing plans of action and State strategies.
24:2.1.1.2.24.4SUBPART D
Subpart D - State Preservation Project Assistance
24:2.1.1.2.24.4.211.1SECTION 248.300
   248.300 General.
24:2.1.1.2.24.4.211.2SECTION 248.301
   248.301 Initial application.
24:2.1.1.2.24.4.211.3SECTION 248.303
   248.303 Approval of a State agency's initial application.
24:2.1.1.2.24.4.211.4SECTION 248.305
   248.305 Applicability of subpart B of this part.
24:2.1.1.2.24.4.211.5SECTION 248.307
   248.307 Authority to process and approve notices of intent and plans of action.
24:2.1.1.2.24.4.211.6SECTION 248.311
   248.311 Notice of intent.
24:2.1.1.2.24.4.211.7SECTION 248.315
   248.315 Preservation agreements.
24:2.1.1.2.24.4.211.8SECTION 248.319
   248.319 Application for assistance.
24:2.1.1.2.24.5SUBPART E
Subpart E - Technical Assistance and Capacity Building
24:2.1.1.2.24.5.211.1SECTION 248.401
   248.401 Purposes.
24:2.1.1.2.24.5.211.2SECTION 248.405
   248.405 Grants for building resident capacity and funding predevelopment costs.
24:2.1.1.2.24.5.211.3SECTION 248.410
   248.410 Grants for other purposes.
24:2.1.1.2.24.5.211.4SECTION 248.415
   248.415 Delivery of assistance through intermediaries.
24:2.1.1.2.24.5.211.5SECTION 248.420
   248.420 Definitions.