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e-CFR Data is current as of November 19, 2009
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
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| Election to proceed under subpart B or subpart C of this part. |
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Subpart B--PREPAYMENTS AND PLANS OF ACTION UNDER THE LOW INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP ACT OF 1990
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| General prepayment limitation. |
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| Appraisal and preservation value of eligible low income housing. |
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| Annual authorized return and aggregate preservation rents. |
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| Determination of Federal cost limit. |
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| Limitations on action pursuant to Federal cost limit. |
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| Information from the Commissioner. |
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| Criteria for approval of a plan of action involving prepayment and voluntary termination. |
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| Criteria for approval of a plan of action involving incentives. |
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| Timetable for approval of a plan of action. |
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| Incentives to extend low income use. |
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| Voluntary sale of housing not in excess of Federal cost limit. |
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| Mandatory sale of housing in excess of the Federal cost limit. |
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| Assistance for displaced tenants. |
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| Permissible prepayment or voluntary termination and modification of commitments. |
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| Resident homeownership program. |
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| Resident homeownership program--limited equity cooperative. |
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| Delegated responsibility to State agencies. |
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| Consultation with other interested parties. |
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| Preemption of State and local laws. |
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Subpart C--PREPAYMENT AND PLANS OF ACTION UNDER THE EMERGENCY LOW INCOME PRESERVATION ACT OF 1987
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| General prepayment limitation. |
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| Notice of intent to prepay. |
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| Notification of deficiencies. |
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| Revisions to plan of action. |
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| Tenant notice and opportunity to comment. |
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| Notification of approval. |
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| Approval of a plan of action that involves termination of low income affordability restrictions. |
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| Alternative State strategy. |
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| Incentives to extend low income use. |
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| Approval of a plan of action that includes incentives. |
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| Section 8 rental assistance. |
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| Modification of existing regulatory agreements. |
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| Consultation with other interested parties. |
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| Agreements implementing plans of action and State strategies. |
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Subpart D--STATE PRESERVATION PROJECT ASSISTANCE
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| Approval of a State agency's initial application. |
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| Applicability of subpart B of this part. |
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| Authority to process and approve notices of intent and plans of action. |
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| Application for assistance. |
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Subpart E--TECHNICAL ASSISTANCE AND CAPACITY BUILDING
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| Grants for building resident capacity and funding predevelopment costs. |
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| Grants for other purposes. |
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| Delivery of assistance through intermediaries. |
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