24 CFR §970.35
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)After HUD approval of demolition or disposition of all or part of a project, the PHA shall provide information on the following:
- (1)Actual completion of each demolition contract by entering the appropriate information into HUD's applicable data system, or providing the information by another method HUD may require, within a week of making the final payment to the demolition contractor, or expending the last remaining funds if funded by force account;
- (2)Execution of sales or lease contracts by entering the appropriate information into HUD's applicable data system, or providing the information by another method HUD may require, within a week of execution;
- (3)The PHA's use of the proceeds of sale by providing a financial statement showing how the funds were expended by item and dollar amount;
- (4)Amounts expended for closing costs and relocation expenses, by providing a financial statement showing this information for each property sold; and
- (5)Such other information as HUD may from time to time require.
- (b)[Reserved]