Title 24

PART 401

Part 401 - Multifamily Housing Mortgage And Housing Assistance Restructuring Program (mark-to-market)

PART 401 - MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET) Authority:12 U.S.C. 1715z-1 and 1735f-19(b); 42 U.S.C. 1437(c)(8), 1437f(t), 1437f note, and 3535(d). Source:65 FR 15485, Mar. 22, 2000, unless otherwise noted.

• Authority: 12 U.S.C. 1715z-1 and 1735f-19(b); 42 U.S.C. 1437(c)(8), 1437f(t), 1437f note, and 3535(d).
• Source: 65 FR 15485, Mar. 22, 2000, unless otherwise noted.

24:2.1.3.7.2.1	SUBPART A	Subpart A - General Provisions; Eligibility
24:2.1.3.7.2.1.221.1	SECTION 401.1	401.1 What is the purpose of part 401
24:2.1.3.7.2.1.221.2	SECTION 401.2	401.2 What special definitions apply to this part
24:2.1.3.7.2.1.221.3	SECTION 401.3	401.3 Who may waive provisions in this part
24:2.1.3.7.2.1.221.4	SECTION 401.99	401.99 How does an owner request a section 8 contract renewal
24:2.1.3.7.2.1.221.5	SECTION 401.100	401.100 Which projects are eligible for a Restructuring Plan under this part
24:2.1.3.7.2.1.221.6	SECTION 401.101	401.101 Which owners are ineligible to request Restructuring Plans
24:2.1.3.7.2.2	SUBPART B	Subpart B - Participating Administrative Entity (PAE) and Portfolio Restructuring Agreement (PRA)
24:2.1.3.7.2.2.221.1	SECTION 401.200	401.200 Who may be a PAE
24:2.1.3.7.2.2.221.2	SECTION 401.201	401.201 How does HUD select PAEs
24:2.1.3.7.2.2.221.3	SECTION 401.300	401.300 What is a PRA
24:2.1.3.7.2.2.221.4	SECTION 401.301	401.301 Partnership arrangements.
24:2.1.3.7.2.2.221.5	SECTION 401.302	401.302 PRA administrative requirements.
24:2.1.3.7.2.2.221.6	SECTION 401.303	401.303 PRA indemnity provisions for SHFAs and HAs.
24:2.1.3.7.2.2.221.7	SECTION 401.304	401.304 PRA provisions on PAE compensation.
24:2.1.3.7.2.2.221.8	SECTION 401.309	401.309 PRA term and termination provisions; other provisions.
24:2.1.3.7.2.2.221.9	SECTION 401.310	401.310 Conflicts of interest.
24:2.1.3.7.2.2.221.10	SECTION 401.311	401.311 Standards of conduct.
24:2.1.3.7.2.2.221.11	SECTION 401.312	401.312 Confidentiality of information.
24:2.1.3.7.2.2.221.12	SECTION 401.313	401.313 Consequences of PAE violations; finality of HUD determination.
24:2.1.3.7.2.2.221.13	SECTION 401.314	401.314 Environmental review responsibilities.
24:2.1.3.7.2.3	SUBPART C	Subpart C - Restructuring Plan
24:2.1.3.7.2.3.221.1	SECTION 401.400	401.400 Required elements of a Restructuring Plan.
24:2.1.3.7.2.3.221.2	SECTION 401.401	401.401 Consolidated Restructuring Plans.
24:2.1.3.7.2.3.221.3	SECTION 401.402	401.402 Cooperation with owner and qualified mortgagee in Restructuring Plan development.
24:2.1.3.7.2.3.221.4	SECTION 401.403	401.403 Rejection of a request for a Restructuring Plan because of actions or omissions of owner or affiliate or project condition.
24:2.1.3.7.2.3.221.5	SECTION 401.404	401.404 Proposed Restructuring Commitment.
24:2.1.3.7.2.3.221.6	SECTION 401.405	401.405 Restructuring Commitment review and approval by HUD.
24:2.1.3.7.2.3.221.7	SECTION 401.406	401.406 Execution of Restructuring Commitment.
24:2.1.3.7.2.3.221.8	SECTION 401.407	401.407 Closing conducted by PAE.
24:2.1.3.7.2.3.221.9	SECTION 401.408	401.408 Affordability and use restrictions required.
24:2.1.3.7.2.3.221.10	SECTION 401.410	401.410 Standards for determining comparable market rents.
24:2.1.3.7.2.3.221.11	SECTION 401.411	401.411 Guidelines for determining exception rents.
24:2.1.3.7.2.3.221.12	SECTION 401.412	401.412 Adjustment of rents based on operating cost adjustment factor (OCAF) or budget.
24:2.1.3.7.2.3.221.13	SECTION 401.420	401.420 When must the Restructuring Plan require project-based assistance
24:2.1.3.7.2.3.221.14	SECTION 401.421	401.421 Rental Assistance Assessment Plan.
24:2.1.3.7.2.3.221.15	SECTION 401.450	401.450 Owner evaluation of physical condition.
24:2.1.3.7.2.3.221.16	SECTION 401.451	401.451 PAE Physical Condition Analysis (PCA).
24:2.1.3.7.2.3.221.17	SECTION 401.452	401.452 Property standards for rehabilitation.
24:2.1.3.7.2.3.221.18	SECTION 401.453	401.453 Reserves.
24:2.1.3.7.2.3.221.19	SECTION 401.460	401.460 Modification or refinancing of first mortgage.
24:2.1.3.7.2.3.221.20	SECTION 401.461	401.461 HUD-held second mortgage.
24:2.1.3.7.2.3.221.21	SECTION 401.471	401.471 HUD payment of a section 541(b) claim.
24:2.1.3.7.2.3.221.22	SECTION 401.472	401.472 Rehabilitation funding.
24:2.1.3.7.2.3.221.23	SECTION 401.473	401.473 HUD grants for rehabilitation under section 236(s) of NA.
24:2.1.3.7.2.3.221.24	SECTION 401.474	401.474 Project accounts.
24:2.1.3.7.2.3.221.25	SECTION 401.480	401.480 Sale or transfer of project.
24:2.1.3.7.2.3.221.26	SECTION 401.481	401.481 Subsidy layering limitations on HUD funds.
24:2.1.3.7.2.3.221.27	SECTION 401.500	401.500 Required notices to third parties and meeting with third parties.
24:2.1.3.7.2.3.221.28	SECTION 401.501	401.501 Delivery of notices and recipients of notices.
24:2.1.3.7.2.3.221.29	SECTION 401.502	401.502 Notice requirement when debt restructuring will not occur.
24:2.1.3.7.2.3.221.30	SECTION 401.503	401.503 Access to information.
24:2.1.3.7.2.4	SUBPART D	Subpart D - Implementation of the Restructuring Plan After Closing
24:2.1.3.7.2.4.221.1	SECTION 401.550	401.550 Monitoring and compliance agreements.
24:2.1.3.7.2.4.221.2	SECTION 401.552	401.552 Servicing of second mortgage.
24:2.1.3.7.2.4.221.3	SECTION 401.554	401.554 Contract renewal and administration.
24:2.1.3.7.2.4.221.4	SECTION 401.556	401.556 Leasing units to voucher holders.
24:2.1.3.7.2.4.221.5	SECTION 401.558	401.558 Physical condition standards.
24:2.1.3.7.2.4.221.6	SECTION 401.560	401.560 Property management standards.
24:2.1.3.7.2.5	SUBPART E	Subpart E - Section 8 Requirements for Restructured Projects
24:2.1.3.7.2.5.221.1	SECTION 401.595	401.595 Contract and regulatory provisions.
24:2.1.3.7.2.5.221.2	SECTION 401.600	401.600 Will a section 8 contract be extended if it would expire while an owner's request for a Restructuring Plan is pending
24:2.1.3.7.2.5.221.3	SECTION 401.601	401.601 [Reserved]
24:2.1.3.7.2.5.221.4	SECTION 401.602	401.602 Tenant protections if an expiring contract is not renewed.
24:2.1.3.7.2.5.221.5	SECTION 401.605	401.605 Project-based assistance provisions.
24:2.1.3.7.2.5.221.6	SECTION 401.606	401.606 Tenant-based assistance provisions.
24:2.1.3.7.2.6	SUBPART F	Subpart F - Owner Dispute of Rejection and Administrative Appeal
24:2.1.3.7.2.6.221.1	SECTION 401.645	401.645 Owner request to review HUD decision.
24:2.1.3.7.2.6.221.2	SECTION 401.650	401.650 When may the owner request an administrative appeal
24:2.1.3.7.2.6.221.3	SECTION 401.651	401.651 Appeal procedures.
24:2.1.3.7.2.6.221.4	SECTION 401.652	401.652 No judicial review.

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