(a) Accounts from other projects. The accounts listed in §401.472(a)(1) may be used for other eligible projects only if:

(1) The projects are included in a Consolidated Restructuring Plan under §401.401; and

(2) The funds are used for rehabilitation or to reduce a section 541(b) claim paid by HUD under §401.471.

(b) Distribution to owner. The Restructuring Plan may provide for a one-time distribution to the owner, not to exceed 10 percent of the excess funds in project accounts, to be released after completion of the rehabilitation required by the Restructuring Plan.