Part 401 — Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-to-Market)
Subpart A — General Provisions; Eligibility
- § 401.1— What is the purpose of part 401?
- § 401.2— What special definitions apply to this part?
- § 401.3— Who may waive provisions in this part?
- § 401.99— How does an owner request a section 8 contract renewal?
- § 401.100— Which projects are eligible for a Restructuring Plan under this part?
- § 401.101— Which owners are ineligible to request Restructuring Plans?
Subpart B — Participating Administrative Entity (PAE) and Portfolio Restructuring Agreement (PRA)
- § 401.200— Who may be a PAE?
- § 401.201— How does HUD select PAEs?
- § 401.300— What is a PRA?
- § 401.301— Partnership arrangements.
- § 401.302— PRA administrative requirements.
- § 401.303— PRA indemnity provisions for SHFAs and HAs.
- § 401.304— PRA provisions on PAE compensation.
- § 401.309— PRA term and termination provisions; other provisions.
- § 401.310— Conflicts of interest.
- § 401.311— Standards of conduct.
- § 401.312— Confidentiality of information.
- § 401.313— Consequences of PAE violations; finality of HUD determination.
- § 401.314— Environmental review responsibilities.
Subpart C — Restructuring Plan
- § 401.400— Required elements of a Restructuring Plan.
- § 401.401— Consolidated Restructuring Plans.
- § 401.402— Cooperation with owner and qualified mortgagee in Restructuring Plan development.
- § 401.403— Rejection of a request for a Restructuring Plan because of actions or omissions of owner or affiliate or project condition.
- § 401.404— Proposed Restructuring Commitment.
- § 401.405— Restructuring Commitment review and approval by HUD.
- § 401.406— Execution of Restructuring Commitment.
- § 401.407— Closing conducted by PAE.
- § 401.408— Affordability and use restrictions required.
- § 401.410— Standards for determining comparable market rents.
- § 401.411— Guidelines for determining exception rents.
- § 401.412— Adjustment of rents based on operating cost adjustment factor (OCAF) or budget.
- § 401.420— When must the Restructuring Plan require project-based assistance?
- § 401.421— Rental Assistance Assessment Plan.
- § 401.450— Owner evaluation of physical condition.
- § 401.451— PAE Physical Condition Analysis (PCA).
- § 401.452— Property standards for rehabilitation.
- § 401.453— Reserves.
- § 401.460— Modification or refinancing of first mortgage.
- § 401.461— HUD-held second mortgage.
- § 401.471— HUD payment of a section 541(b) claim.
- § 401.472— Rehabilitation funding.
- § 401.473— HUD grants for rehabilitation under section 236(s) of NA.
- § 401.474— Project accounts.
- § 401.480— Sale or transfer of project.
- § 401.481— Subsidy layering limitations on HUD funds.
- § 401.500— Required notices to third parties and meeting with third parties.
- § 401.501— Delivery of notices and recipients of notices.
- § 401.502— Notice requirement when debt restructuring will not occur.
- § 401.503— Access to information.
Subpart D — Implementation of the Restructuring Plan After Closing
Subpart E — Section 8 Requirements for Restructured Projects
- § 401.595— Contract and regulatory provisions.
- § 401.600— Will a section 8 contract be extended if it would expire while an owner's request for a Restructuring Plan is pending?
- § 401.602— Tenant protections if an expiring contract is not renewed.
- § 401.605— Project-based assistance provisions.
- § 401.606— Tenant-based assistance provisions.