StacksVerified U.S. regulatory reference

24 CFR §245.419

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In the case of major capital additions, the mortgagor must submit the following materials to the local HUD office:
  1. (a)The general plans and sketches of the proposed capital additions;
  2. (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;
  3. (c)A statement describing how the proposed capital additions will be financed and the effect, if any, of that financing on the tenants;
  4. (d)A statement assessing the compatibility of the proposed capital additions with the residential character of the project; and
  5. (e)A copy of the notice to tenants.