HUD | HUD.gov / U.S. Department of Housing and Urban ...
______________________________________________________________________
4350.1 REV-1
TABLE OF CONTENTS
PARAGRAPH PAGE
CHAPTER 1. INTRODUCTION
1-1. Introduction 1-1
SECTION 1. GOALS, RESPONSIBILITIES, AND RELATIONSHIPS
1-2. Mission 1-1
1-3. Monitoring 1-2
1-4. Responsibility of Housing 1-2
1-5. Interrelationships 1-3
1-6. Cooperation 1-3
1-7. Mortgage Insurance Programs 1-3
1-8. HUD/Mortgagor/Managing Agent Relationship 1-4
1-9. HUD/Mortgagee Relations 1-6
1-10. Mortgagee/Mortgagor Relationship 1-6
SECTION 2. CHANGING CONCEPTS AND ASSET MANAGEMENT
1-11. Perspective 1-8
1-12. Description 1-8
1-13. HUD Asset Management Functions 1-9
1-14. Loan Servicing/Asset Management Skills 1-11
SECTION 3. APPLICATIONS OF ASSET MANAGEMENT CONCEPTS
1-15. Loan Servicing vs. Asset Management 1-13
1-16. Asset Management Initiatives 1-14
1-17. Objectivity 1-14
1-18. Project Residents 1-14
1-19. Recommendations for Effective Communication 1-15
1-20. Other Communication Guidelines 1-15
SECTION 4. ORGANIZATION OF THIS HANDBOOK; OTHER REFERENCES
1-21. Primary Handbook 1-16
1-22. HUD Handbook 4350.1 1-17
1-23. General Guidance 1-17
1-24. Other HUD Handbooks 1-17
CHAPTER 2. BASIC DOCUMENTS
2-1. Controlling Documents 2-1
2-2. Dockets 2-6
1 9/92
4350.1 REV-1
CHG-9
PARAGRAPH PAGE
CHAPTER 3. INITIAL SERVICING
3-1 Transfer of Control of a Project File from
Housing Development to Housing Management 3-1
3-2 Records and Files 3-3
3-3 Records Retention and Disposition 3-7
3-4 HUD Financial Requirements for Mortgagor 3-7
3-5 Post Construction Activities 3-11
3-6 Additional Services 3-11
CHAPTER 4. RESERVE FUND FOR REPLACEMENT
4-1 Introduction and Applicability 4-1
4-2 Requirements in Regulatory Agreements 4-1
4-3 Requirements in Mortgagee's Certificates 4-2
4-4 Remaining Economic Life of Improvements 4-2
4-5 Economic Life vs. Physical Life 4-3
4-6 Estimates of Remaining Economic Life 4-3
4-7 End of Useful Life of Improvements 4-4
4-8 Underwriting Considerations 4-4
4-9 Eligible and Ineligible Building Components 4-5
4-10 Adequacy of Reserve Fund for Replacements 4-7
4-11 Recommended Minimum Threshold 4-8
4-12 Adjustments to Recommended Minimum Threshold 4-8
4-13 Suspension of Deposits to Reserve Fund 4-9
4-14 Earliest Withdrawals 4-10
4-15 General Requirements for Requesting Withdrawals 4-11
4-16 HUD Actions 4-12
4-17 Optional Procedures for Requesting Withdrawals 4-12
4-18 Mortgagor and Mortgagee Records 4-14
4-19 Field Office Records 4-15
4-20 Investment Requirements for Reserve for
Replacement Funds in Section 8 projects 4-15
4-21 Liquidity Requirements 4-16
4-22 Investment of Reserve for Replacement Funds 4-17
4-23 Interest on Investments 4-18
4-24 Insured Mortgagee Charges for Handling
Investment of the Reserve Fund 4-19
4-25 Other Fees 4-20
4-26 Combined Investments 4-20
4-27 Mortgagee Cooperation 4-20
4-28 "Borrowing" from the Reserve Fund 4-21
4-29 Permission to "Borrow" from the Reserve Fund 4-21
4-30 Other Sources of Capital 4-22
Appendix 1 Form HUD 9250, Reserve Fund for
Replacement Authorization 4-23
12/95 2
_______________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
CHAPTER 5. PREVENTING MORTGAGE ASSIGNMENTS
SECTION 1. INTRODUCTION
5-1. Purpose 5-1
5-2. Types of Default 5-1
SECTION 2. PREVENTING DEFAULTS
5-3. Recognition of Potential Defaults 5-1
5-4. Indicators of Impending Default 5-2
5-5. Preventive Action 5-3
CHAPTER 6. PROJECT MONITORING
SECTION 1. ON-SITE MANAGEMENT REVIEWS
6-1. APPLICABILITY 6-1
a. Insured Projects and Projects with
HUD-Held Mortgages 6-1
b. Non-Insured Projects 6-2
c. Condominiums Insured Under Section 234 6-2
6-2. LEVELS OF ON-SITE MANAGEMENT REVIEWS 6-3
a. Comprehensive Management Reviews 6-3
b. Limited Management Reviews 6-3
c. Preparation for determining the level
of a potential Management Review 6-4
6-3. TYPES OF ON-SITE VISITS 6-6
a. Management Reviews 6-6
b. File Reviews 6-6
c. Inspections 6-9
6-4. INTERRELATIONSHIPS 6-10
a. Relationship of Management Reviews to
Physical Inspections 6-11
b. Relationship of Management Reviews to
Desk Reviews of Financial Statements 6-12
c. Relationship of Management Reviews
to File Reviews 6-12
6-5. FREQUENCY OF ON-SITE VISITS 6-14
a. Management Reviews 6-16
b. File Reviews 6-17
c. Physical Inspections 6-17
d. Priority Ranking List 6-19
e. Relationship of On-site reviews to
requests for HUD assistance 6-19
_______________________________________________________________________
3 9/92
_______________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
6-6. DETERMINING THE SCOPE OF THE ON-SITE REVIEW 6-20
a. Examples for Adapting the
Management Review 6-21
SECTION 2. MANAGEMENT REVIEW FORM
6-7. MANAGEMENT REVIEW FORM AND PURPOSE 6-23
a. Management Reviews and Use of
Form HUD-9834 6-23
b. Purpose of the Form HUD-9834 6-23
6-8. USE OF REVIEW FORM 6-23
a. Instructions to Field Staff on
Form HUD-9834, Management Reviews
of Multifamily Projects 6-23
b. Guidance in Using the Form HUD-9834 6-25
c. Distribution 6-25
6-9. SPECIFIC GUIDANCE FOR FORM HUD-9834 6-25
6-10. CHANGES IN POLICIES AND PROCEDURES: FORM HUD-9834 6-26
6-11. MANAGEMENT REVIEW CATEGORY RATINGS 6-26
a. Superior Rating 6-27
b. Satisfactory Rating 6-27
c. Below Average Rating 6-27
d. Unsatisfactory Rating 6-28
e. Rating of Overall Management Operation 6-29
6-12. NOTIFICATION TO OWNERS/MANAGERS 6-30
6-13. OWNER/MANAGER ACTIONS UPON RECEIPT OF
MANAGEMENT REVIEW 6-30
6-14. APPEALS PROCEDURES FOR OWNERS/AGENTS 6-30
a. Initial Appeal to Field Office 6-30
b. Final Appeal 6-31
c. Final Decision Nonappealable 6-31
6-15. MONITORING 6-31
6-16. ACTIONS TO BE TAKEN BY FIELD OFFICES IN THE
EVENT OF OWNER NONCOMPLIANCE, NONRESPONSE OR
NONPERFORMANCE OF ACTION PLAN 6-32
SECTION 3. PHYSICAL INSPECTION
6-17. PHYSICAL INSPECTION PRIORITY SYSTEM 6-33
a. Priority Listing and Resource Allocation 6-34
b. Physical Inspection Tracking
and Quality Control System 6-35
_______________________________________________________________________
9/92 4
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
6-18. YEARLY INSPECTION REQUIREMENT FOR TROUBLED,
POTENTIALLY TROUBLED, AND NONINSURED, ASSISTED
PROJECTS WHERE HUD IS THE CONTRACT ADMINISTRATOR 6-35
6-19. INCREASED EMPHASIS ON QUALITY OF MORTGAGEE
PHYSICAL INSPECTION 6-35
a. Mortgagee Physical Inspection Requirements 6-35
b. Field Offices Ensure Inspection Reliability 6-36
c. Unacceptable Mortgagee Physical Inspection 6-36
d. HUD Remedies for Mortgagee Noncompliance 6-36
6-20. CURRENT PHYSICAL INSPECTION REQUIRED PRIOR TO
APPROVAL OF FUNDING ACTIONS 6-37
6-21. REQUIREMENT FOR DRIVE-BY/WALK-THROUGH REVIEWS
WHEN HUD STAFF IS IN PROJECT PROXIMITY 6-37
6-22. OTHER REQUIREMENTS FOR FIELD OFFICE
PHYSICAL INSPECTIONS 6-37
a. Conditions for Field Office Inspections 6-37
6-23. REQUIREMENT TO DISCUSS FINDINGS WITH OWNER/AGENT
AND DOCUMENTATION OF PHYSICAL INSPECTION FINDINGS 6-38
a. Close-out Meeting Requirement 6-38
b. Physical Inspection Report 6-39
c. Transmittal of Completed Physical Inspection 6-39
6-24. PHYSICAL INSPECTION DEFICIENCY PROCEDURES 6-40
a. Field Office determines nature of deficiency 6-40
b. Required actions by owner/agent 6-40
6-25. MONITORING CORRECTIVE ACTIONS 6-41
a. Development/Implement tracking system 6-41
b. Tracking and Review of Corrective
Action Plans 6-41
c. Initial actions to be taken in event of
noncompliance 6-42
6-26. ACTIONS BY FIELD OFFICE NECESSITATED BY
NONCOMPLIANCE, NONRESPONSE OR NONPERFORMANCE
BY OWNERS OF PROJECTS WITH HUD-INSURED OR
HUD-HELD MORTGAGES 6-42
a. Imposition of Sanctions 6-43
b. Declaring a Technical Default 6-44
c. Initiation of Litigation 6-45
d. Director, HM and Regional Counsel Functions 6-46
6-27. INSPECTION OF UNITS IN THE SECTION 8 SPECIAL
ALLOCATIONS (LMSA/PDSA) PROGRAMS 6-46
6-28. INSPECTION OF ARMED SERVICES HOUSING PROJECTS 6-46
_______________________________________________________________________
5 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
APPENDICES
APPENDIX 1 - Form HUD-9834, Management Reviews of
Multifamily Projects 6-47
APPENDIX 2 - Form HUD-9822, Physical inspection Report 6-67
APPENDIX 3 - INDICATORS FOR TROUBLED/POTENTIALLY
TROUBLED PROJECTS 6-69
APPENDIX 4 - ROLE OF FIELD AND REGIONAL COUNSEL IN
COMPREHENSIVE MULTIFAMILY SERVICING 6-71
CHAPTER 7. PROCESSING BUDGETED RENT INCREASES AND FEES FOR
COMMERCIAL SPACE AND SERVICES IN INSURED, DIRECT
LOAN AND NON-REGULATED HUD PROJECTS
SECTION 1. OVERVIEW
7-1. Purpose 7-1
7-2. Applicability 7-1
7-3. Projects Subject to the Alternate Rent
Determination Mechanism 7-2
7-4. Definitions 7-2
SECTION 2. TENANT COMMENT PROCEDURES FOR A RENT INCREASE
7-5. General 7-3
7-6. Applicability 7-4
7-7. Owner Responsibilities 7-4
7-8. Tenant Review and Comment 7-5
7-9. Comment Submission 7-5
7-10. Changes to Supporting Documentation 7-5
7-11. Submitting the Formal Request for an Increase 7-5
SECTION 3. DECONTROL OF RENTS
7-12. Decontrol of Section 220/221 7-6
7-13. HURRA of 1983 7-6
7-14. Decontrol of Section 207 7-6
7-15. Section 207/LMSA 7-6
7-16. 1987 Housing Act 7-7
7-17. Projects Not Covered by the 1987 Act 7-7
7-18. Project Covered by the 1987 Act 7-7
7-19. Special Cases 7-8
7-20. PMMs 7-8
_______________________________________________________________________
9/92 6
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 4. OWNER REQUEST FOR A RENT INCREASE
7-21. Procedures for Requesting a Rent Increase 7-8
7-22. Initial Submission 7-8
7-23. Use of the Alternate Rent Mechanism 7-10
7-24. Determination of a Utility Allowance 7-14
7-25. Field Management of the Rent Request Process 7-15
7-26. Seasonal Rents 7-16
7-27. BMIR Rents Paid by Over-Income Tenants 7-17
7-28. Section 236 Projects, Rent Collected in Excess
of Basic Rent 7-18
SECTION 5. REVIEW OF PROJECT INCOME AND EXPENSES
7-29. Focusing the Review 7-27
7-30. Guidance for Evaluating the Appropriateness
of Project Expenses 7-30
7-31. Quality Control 7-41
SECTION 6. COMPUTING RENT POTENTIAL AND UTILITIES
7-32. Maximum Allowable Monthly Rent Potential 7-41
7-33. New Maximum Unit Rents (Section 236) 7-42
7-34. Review the Owner/Agent Estimate of Non-Rental
Income 7-42
7-35. Determine the New Utility Allowances 7-43
SECTION 7. NOTIFICATION AND IMPLEMENTATION
7-36. Notifying the Owner 7-44
7-37. Review the Owner's Submission of the Rent
Schedule (Form HUD-92458) When the Proposed
Increase Won't Exceed the HUD Approved Gross
Rent Potential 7-45
7-38. If the Proposed Potential Exceeds the maximum
Monthly Rent Potential 7-45
7-39. Increase Implementation 7-46
7-40. Notifying Tenants 7-46
SECTION 8. CHARGES FOR COMMERCIAL FACILITIES
7-41. Determining Charges 7-46
SECTION 9. CHARGES FOR FACILITIES AND SERVICES
7-42. Facilities and Services Subject to Charge 7-48
_______________________________________________________________________
7 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 10. PREEMPTION OF LOCAL RENT CONTROL
7-43. Introduction 7-48
7-44. Projects Automatically Preempted 7-49
7-45. Actions Owner Must Take Before Submitting
a Formal Request for Presumptions of Unsubsidized
Projects 7-49
7-46. Processing and Exemption 7-52
7-47. Initial HUD Review for Completeness 7-52
7-48. Owner's Formal Preemption Request 7-52
7-49. Evaluating the Formal Request 7-53
7-50. Owner Implementation of HUD's Decision
on Preemption 7-54
7-51. Preemption of Rent Control Board's Lease
Requirements 7-54
SECTION 11. PROCEDURES FOR APPEALING BUDGETED RENT INCREASE
ADJUSTMENTS
7-52. Levels of Appeal 7-55
7-53. Implementation 7-55
7-54. Tenant Notification 7-55
7-55. Initial Appeal to Field Office 7-56
7-56. Final Appeal 7-56
7-57. Further Appeal 7-57
APPENDICES
Appendix-1. 24 CPR Part 245, Subparts D and E 7-58
Appendix-2. Owner's Certification As To Compliance
With 24 CFR, Part 245 7-65
Appendix-3. Certification As To Purchasing Practices
and Reasonableness of Expenses 7-66
Appendix-4(a). Rent Increase Budget Sheet Instruction 7-68
Appendix-4(b). Sample Owner Explanation of Income
and Expenses 7-69
Appendix-4(c). Schedule of Interest Rates 7-74
Appendix-4(d). Budget worksheet 7-75
Appendix-5. Rent Computation Worksheet 7-77
Appendix-6. Request to Increase Monthly Replacement
Reserve Deposits 7-84
Appendix-7. Amendment to Regulatory Agreement for
Section 220 and 221(d)(4) Projects
(Forms 92466) 7-85
Appendix-8. Regulatory Agreement Amendment for Mortgages
Limited Distribution, Project 7-86
_______________________________________________________________________
9/92 8
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
Appendix-9. Addendum to Regulatory Agreement and/or
Corporate Charter for 207, 223(f), 608
213 Rental, 234 Rental, 803, 810, 231(c)4 or
Owners of 220 or 221(d)(4) Projects whose
Owners Choose the Alternate Method 7-87
Appendix-10. 24 CFR, Part 246 - Local Rent Control 7-89
Appendix-11. Mortgagee Letter 83-24, 89-12 7-95
Appendix-12. Form Letter to Be Used Pursuant to
Section 4, Paragraph 8(c)(3), Rents
Collected in Excess of Basic Rent 7-103
Appendix-13. Rent Schedule - Form HUD 92458 7-104
Appendix-14a. Confession of Judgement Note 7-107
Appendix-14b. Excess Rental Repayment Agreement 7-109
CHAPTER 8. ENFORCEMENT OF MORTGAGOR REQUIREMENTS
SECTION 1. DETECTING A VIOLATION 8-1
SECTION 2. WHEN A VIOLATION HAS BEEN ESTABLISHED 8-1
SECTION 3. VERIFYING CORRECTIVE ACTIONS 8-2
SECTION 4. CIVIL AND CRIMINAL PENALTIES 8-2
CHAPTER 9. ENFORCEMENT OF CIVIL RIGHTS REQUIREMENTS,
NONDISCRIMINATION AGAINST INDIVIDUALS WITH
HANDICAPS IN EMPLOYMENT
SECTION 1. ENFORCEMENT OF CIVIL RIGHTS AND NONDISCRIMINATION
REQUIREMENTS
9-1. Covered Programs 9-1
9-2. Overview 9-2
9-3. Coordination Between Housing and FHEO 9-4
9-4. FHEO Checklist (Exhibit 9-1) Completed by
Housing Management Staff 9-5
9-5. Management Review Closeout that Involves FHEO
Related Issues 9-5
9-6. Housing Management's Assistance in Correcting
Civil Rights-Related Deficiencies through
Voluntary Measures 9-6
9-7. Housing's Program Sanctions 9-7
9-8. Sanctions Delegated to the Field Office
Housing Management Division 9-8
9-9. Sanctions Authorized by Office of Housing in
Headquarters 9-9
9-10. FHEO Actions 9-10
9-11. Field Office Reporting 9-10
_______________________________________________________________________
9 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 2. NONDISCRIMINATION AGAINST INDIVIDUALS WITH
HANDICAPS IN EMPLOYMENT
9-12. Applicability 9-11
9-13. Requirements 9-11
9-14. Prohibitions Against Employment Discrimination 9-12
9-15. Reasonable Accommodation 9-13
9-16. Employment Criteria 9-14
9-17. Pre-employment Inquiries 9-15
EXHIBIT-1. FHEO CHECKLIST (TO BE COMPLETED BY HOUSING
MANAGEMENT STAFF) 9-17
CHAPTER 10. HUD-HELD SERVICING
SECTION 1. INTRODUCTION
10-1. General 10-1
10-2. Definition of a HUD-Held Mortgage 10-1
10-3. Types of Defaults 10-2
10-4. HUD's Right to Require Acceleration of the Debt 10-2
SECTION 2. ASSIGNMENT OF MORTGAGE
10-5. General 10-2
10-6. Election to Assign 10-3
SECTION 3. REINSTATING DEFAULTED MORTGAGES
10-7. General 10-6
10-8. Owner Responsibilities after Assignment 10-6
10-9. Owner Requests for Relief 10-7
SECTION 4. GENERAL SERVICING REQUIREMENTS
10-10. General 10-7
10-11. Monthly Accounting Reports 10-8
10-12. Financial Statements 10-8
10-13. Hazard Insurance 10-8
10-14. Taxes 10-8
10-15. Uniform Commercial Code (UCC) Requirements 10-9
10-16. Funded Reserves 10-9
10-17. Use of Project Funds 10-9
10-18. Survey of Tenants in Assigned Properties 10-9
_______________________________________________________________________
9/92 10
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 5. SERVICING PARTIAL PAYMENT OF CLAIMS MORTGAGES
10-19. General 10-11
10-20. Owner Requirements 10-11
10-21. Field Office Responsibilities 10-12
SECTION 6. SECTION 202 AND 202/8 LOANS AND ADVANCES
10-22. General 10-12
10-23. Definitions 10-13
10-24. Basic Documents 10-13
10-25. Required Accounts 10-14
10-26. Rent Increase Requests and Annual Operating
Budgets 10-15
10-27. Annual Financial Statements 10-15
SECTION 7. DEFAULT SERVICING OF SECTION 202 PROJECTS
10-28. General 10-15
10-29. Defaults and Adverse Trends 10-15
10-30. Waiver of Reserve Deposits and Scheduled
Payments 10-15
10-31. Relief and Reinstatement of Defaulted
Section 202 Loans 10-16
10-32. Partial Release of Security 10-16
EXHIBITS
Exhibit-1. Projects with Assigned Mortgages 10-17
Exhibit-1A. Instructions for Owners of Projects
With Assigned Mortgages 10-18
Exhibit-2. Income Chart for Projects with
Assigned Mortgages 10-19
Exhibit-3. Tenant Income Survey 10-20
Exhibit-4. Privacy Act Notice Statement 10-21
APPENDICES
Appendix-1. Letter to Owner Upon Receipt of
the Lender's Election to Assign 10-22
Appendix-2a. Format - Letter to Owner at Default
Assignment 10-23
Appendix-2b. Format - Letter to Owner at G-4 Assignment 10-25
_______________________________________________________________________
11 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
CHAPTER 11. WORKOUTS FOR HUD-HELD PROJECTS
SECTION 1. INTRODUCTION
11-1. General Workout Philosophy 11-1
11-2. New Term Length Flexibility 11-3
11-3. Understanding the Impact of Workouts
on Note Sales 11-6
11-4. Glossary 11-8
SECTION 2. PREVENTING MORTGAGE ASSIGNMENT; PROCEDURES
UPON ASSIGNMENT
11-5. Loss Mitigation 11-12
11-6. Mortgages in the Process of Being Assigned 11-13
11-7. Owner Responsibilities after Assignment 11-13
11-8. Beginning the Foreclosure Process 11-14
SECTION 3. REINSTATING HUD-HELD MORTGAGES
11-9. Introduction 11-15
A. Workout Agreement 11-16
B. Mortgage Modifications 11-17
11-10. Owner Requests for Relief 11-18
11-11. Developing the Workout Arrangement 11-19
A. Analyzing the Project 11-19
B. Analysis of Market Conditions 11-20
C. Legal Review 11-20
D. Determining Project Needs and Abilities 11-20
E. Reviewing Available Relief Tools 11-22
F. Negotiating a Specific Relief Plan 11-23
G. Capital Contributions 11-23
H. Escrows for Repairs 11-24
I. Pre-Workout Waiver Letter 11-25
11-12. Preparing the Provisional Workout Arrangement 11-26
A. Format 11-26
B. Specific Dollar Amount Due 11-26
C. MIO Plans 11-26
D. Effective Date 11-27
E. Provisional Workout Arrangements
-- Mandatory Terms 11-27
F. Provisional Workout Arrangements
-- Optional Terms 11-27
11-13. Executing and Distributing Workout Arrangements 11-32
11-14. Monitoring Owner Compliance 11-33
11-15. Modifications of Notes and Mortgages 11-34
11-16. Reinstatement Requirements During Foreclosure
Proceedings 11-35
11-17. Cash Final Settlements 11-35
_______________________________________________________________________
9/92 12
_____________________________________________________________________
CHG-4
___________________________________________________________________________
PARAGRAPH PAGE
SECTION 4. OFFSETTING OF SECTION 8 PAYMENTS
11-18. General Information 11-36
11-19. Procedures for Offsetting Section 8 Payment 11-36
SECTION 5. APPROVAL AND APPEAL PROCESS
11-20. HUD State or Area Office Approval 11-37
11-21. Asset Management Branch 11-37
11-22. Waiver of Handbook Directives 11-38
SECTION 6. LONGER YEAR WORKOUT ARRANGEMENTS
11-23. General Information 11-38
11-24. Applicability 11-39
11-25. Alternative Methods of Workout Agreements 11-39
11-25. Alternative Methods of Workout Agreements 11-39
11-26. No Workout in Excess of 9 Years 11-41
APPENDICES
Appendix 1 Delinquency Alert Letter 11-42
Appendix 2 Default Notice Letter 11-43
Appendix 3a Letter to Owner at Default Assignment 11-44
Appendix 3b Letter to Owner at G-4 Assignment 11-47
Appendix 4 Sample Provisional Workout Agreement 11-48
Appendix 5 MARS Workout Cover Sheet 11-56
Appendix 6 Instructions for Submitting Funds by Wire
Transfer 11-59
Appendix 7 Call Provision Language 11-62
Appendix 8 Optional Workout Terms 11-63
Appendix 9 Notification of HUD's Intent to Offset
Section 8 Payments 11-64
Appendix 10 Memo to Accounting Division Requesting
Section 8 Offset 11-65
Appendix 11 Information Sheet - Section 202
Reinstatement Section 11-66
Appendix 12 Form of Pre-Workout Waiver Letter 11-70
CHAPTER 12. ENERGY CONSERVATION
SECTION 1. CHAPTER OVERVIEW
12-1. Introduction 12-1
12-2. Purpose 12-1
12-3. Applicability 12-1
SECTION 2. MULTIFAMILY ENERGY SURVEY FOR
HUD-INSURED PROPERTIES
12-4. Conducting the Survey 12-3
12-5. Development of an Energy Conservation Plan 12-5
___________________________________________________________________________
13 6/93
_____________________________________________________________________
4350.1 REV-1
CHG-4
___________________________________________________________________________
PARAGRAPH PAGE
12-6. Follow-up Study of Energy Conservation Efforts 12-5
12-7. Monitoring Requirements and Compliance 12-5
12-8. Tenant Involvement 12-6
SECTION 3. COMPREHENSIVE TECHNICAL ENERGY AUDIT
12-9. Introduction 12-6
12-10. Purpose 12-7
12-11. Conducting the Comprehensive Technical
Energy Audit 12-7
a. Purpose 12-7
b. Funding 12-8
c. Audit 12-8
d. Audit Guidelines 12-8
12-12. Requirements for the Capital Improvement Loan
Program
12-13. The Energy Conservation Plan (ECP) 12-15
12-14. Evaluation Audit Results 12-16
a. Technical Aspects of the Audit 12-16
b. Renewable Energy and Energy Management
Systems 12-21
c. Financial, Technical and Informational
Assistance 12-22
SECTION 4. FUNDING MECHANISMS AVAILABLE TO
IMPLEMENT ENERGY CONSERVATION MEASURES
12-15. Use of Project Fund 12-23
12-16. Alternative Funding Sources 12-23
12-17. HUD Approval 12-25
SECTION 5. CONVERSION FROM MASTER METERED UTILITIES
TO INDIVIDUALLY METERED (TENANT PAID) UTILITIES
12-18. Background and Purpose 12-25
12-19. Tenant Paid Utilities 12-26
12-20. Practicality of Conversion to Tenant Paid
Utilities 12-26
12-21. Submitting the Conversion Request 12-27
12-22. Tenant Input 12-28
12-23. HUD Approval of the Plan 12-29
APPENDICES
Appendix 1. Form HUD-9614, Multifamily Walk-Through
Energy Survey and Energy Conservation
Measures 12-34
___________________________________________________________________________
6/93 14
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
Appendix-2. Ways the Tenants Can Assist in Conserving
Energy 12-42
Appendix-3. Energy Reduction Tips for Project
Management 12-44
CHAPTER 13. CHANGE OF OWNERSHIP: TRANSFER OF PHYSICAL ASSETS
SECTION 1. DELEGATION OF AUTHORITY AND EXCEPTION
13-1. Field Office Delegations 13-1
13-2. Requirement for Regional Office Prior Approval 13-1
13-3. Requirement for Headquarters Prior Approval 13-2
13-4. Documentation Required for Regional and
Headquarters Reviews 13-2
13-5. Preliminary and Final Approval Actions 13-3
SECTION 2. TRANSACTIONS REQUIRING REVIEW (CATEGORIES OF
REVIEW)
13-6. Transactions Not Requiring an Application Fee 13-4
13-7. Full Review 13-5
13-8. Modified Review 13-5
13-9. Questionable Transactions 13-6
SECTION 3. DETERMINATIVE CRITERIA FOR REVIEW OF TPAs
13-10. Requirement that a Proposed Owner/Managing
General Partner Obtain Previous Participation
Clearance 13-7
13-11. Field Office Requirement for Management Review
and Physical Inspection and a Requirement for
Proposed Management Agent Previous Participation
Clearance 13-7
13-12. Determination by Field Office that a Project's
Physical Repair/Replacement Needs Will Be Met 13-9
13-13. Determination by Field Office that a Project's
Operating Financial Needs Will Be Met 13-12
13-14. Field Office Determination Concerning HUD
Legislative, Regulatory and Administrative
Requirements 13-14
13-15. Special Circumstances Determination:
Secondary Financing 13-15
13-16. Special Circumstances Determination:
Condominium/Cooperative Conversions 13-16
_______________________________________________________________________
15 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 4. TPA INVOLVING NONPROFIT TRANSFER TO LIMITED
DIVIDEND ENTITY
13-17. Field Office Statement of Necessity for TPA 13-17
13-18. Field Office Analysis of TPA 13-17
13-19. Remuneration to Nonprofit Sellers 13-19
13-20. Required Minimum Cash Contributions 13-20
13-21. Transfer Prior to Final Endorsement 13-20
13-22. Prepayment Restrictions 13-21
13-23. Distributions/Rent Formula 13-21
SECTION 5. DISPOSITION OF FLEXIBLE SUBSIDY UPON TRANSFER
13-24. Nonprofit to Nonprofit Transfer 13-21
13-25. Limited Dividend/Profit Motivated to Limited
Dividend/Profit Motivated Transfer 13-21
13-26. Nonprofit to Limited Dividend Transfer 13-22
SECTION 6. SUBSIDY LAYERING AND EXCESS COMPENSATION
SECTION 7. RELATIONSHIP TO OTHER COMMITMENTS
13-27. HUD Commitments 13-23
13-28. Other Governmental Commitments 13-24
13-29. Low Income Housing Tax Credits (LIHTC) 13-24
SECTION 8. RELATIONSHIP TO PRESERVATION OF LOW INCOME HOUSING
13-30 Prepayment Restrictions 13-24
13-31 TPA Restrictions Applicable to certain
Subsidized Projects 13-25
SECTION 9. MONITORING AND REPORTING
13-32. Monitoring Schedule 13-26
13-33. Monitoring Procedures for Completed TPAs 13-26
13-34. Location and Maintenance of Monitoring File 13-27
13-35. Non-Compliance with Transfer 13-27
13-36. Operational Difficulties Unrelated to Transfer
Conditions 13-27
_______________________________________________________________________
9/92 16
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
APPENDICES
Appendix-A. Procedures for Processing a Full Review
Transfer 13-28
I. Transfers Requiring Full Review
II. Full Review-Overview
III. Full Review Processing - Details
Appendix-A1. Acknowledgment of Receipt of Submission 13-42
Appendix-A2. Return of Seriously Deficient Submission 13-43
Appendix-A3. Request for Correction of Deficient
Submission 13-44
Appendix-A4. Request for Legal or Other Review 13-45
Appendix-A5. Request for Guidance from Regional Office 13-46
Appendix-A6. Form Memo to Regional Counsel 13-47
Appendix-A7. Preliminary Approval 13-48
Appendix-A8. Rejection of Proposed TPA 13-49
Appendix-A9. Request for Full Regional or Headquarters
Review 13-50
Appendix-A10. Final Approval 13-51
Appendix-A11. Attorney's Certification on Execution and
Recordation 13-52
Appendix-A12. Attorney's Certification of Changes 13-53
Appendix-B. Procedures for Processing a Modified Review
Transfer 13-54
I. Types of Transfers Requiring a
Modified Review
II. Documentation Required for a Modified
Review
III. Processing a Modified Review
Appendix-C. Instructions for Preparation of the
Application of Transfer of Physical Assets 13-58
Appendix-D. Application for Transfer of Physical Assets 13-64
Appendix-E. TPA Submission Checklist Preliminary Review 13-69
Appendix-F. Sources and Uses of Funds Statement 13-73
Appendix-G. Notice 84-37 Memorandum from
Charles J. Bartlett, Legal Review of
Transfer of Physical Assets Proposals 13-76
CHAPTER 14. PARTIAL PAYMENTS OF CLAIMS
SECTION 1. GENERAL INFORMATION
14-1. Projects That are Eligible 14-1
14-2. Projects That are not Eligible 14-2
14-3. Regulatory Requirements 14-2
_______________________________________________________________________
17 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 2. OWNER'S PROPOSAL
14-4. Requirements 14-3
14-5. Proposal Submitted by the Owner 14-4
SECTION 3. FIELD OFFICE REVIEW
14-6. Field Office Analysis 14-5
14-7. Field Office Findings 14-8
SECTION 4. APPROVAL AND REJECTION LETTER
14-8. Approval Letter 14-9
14-9. Rejection Letter 14-9
SECTION 5. CLOSING AND POST CLOSING REQUIREMENTS
14-10. Required Closing Documentation and Review 14-9
14-11. Scheduling the Closing 14-10
14-12. Owner's Compliance 14-10
APPENDICES
Appendix-1. Letter Offering a Partial Payment of Claim 14-11
Appendix-2. Regulations 14-12
Appendix-3. Partial Payment of Claim Worksheet 14-13
Appendix-4. FHA Debenture Interest Rate Table 14-17
CHAPTER 15. REFUNDINGS OF TAX-EXEMPT MULTIFAMILY REVENUE BONDS
SECTION 1. GENERAL
15-1. Purpose 15-1
15-2. Authority 15-1
15-3. Applicability 15-1
SECTION 2. BOND REFUNDING PROPOSALS AND HUD REVIEW
15-4. Submission of Proposals 15-2
15-5. Requirements for Proposals 15-3
_______________________________________________________________________
9/92 18
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 3. HUD FIELD OFFICE REVIEW
15-6. Coordination 15-4
15-7. Loan Management Review 15-4
15-8. Legal Review 15-5
15-9. Authorizing/Rejecting Bond Refunding 15-6
SECTION 4. CLOSING
15-10. Timing 15-6
15-11 Extensions 15-6
SECTION 5. MONITORING
15-12. Monitoring Compliance with the Authorization
Letter 15-7
15-13. Monitoring After Closing of the Bonds 15-7
APPENDICES
Appendix-1. Bond Refunding Worksheet - Determining 15-9
Whether the Field Office or Headquarters
will Perform the Review
Appendix-2. Loan Management Review of Bond Refunding 15-10
Proposals
Appendix-3. Tax-exempt Refunding Authorization Letter 15-12
Appendix-4. Certification on Execution and recordation
by the Mortgagor's Attorney 15-14
Appendix-5. Bond Refunding Sources and Uses of Funds 15-15
Appendix-6. Determining Allowable Transaction Costs 15-16
CHAPTER 16. PARTIAL RELEASE OF SECURITY; ALTERATIONS,
MODIFICATIONS, OR ADDITIONS TO PHYSICAL STRUCTURES
SECTION 1. PARTIAL RELEASE OF SECURITY
16-1. Purpose 16-1
16-2. Covered Programs 16-1
16-3. Delegation of Authority 16-2
16-4. Applicability 16-4
16-5. Tenant Notice 16-5
16-6. Service of Notice 16-6
16-7. Initial Submission of Materials to HUD 16-6
16-8. Rights of Tenants to Participate 16-7
16-9. Submission of Request for Approval to HUD 16-8
16-10. Notification to Tenants of HUD's Decision 16-8
16-11. Negotiated Releases (Voluntary) 16-8
_______________________________________________________________________
19 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
16-12. Judicial/Mandated Releases 16-11
16-13. Easements 16-12
16-14. Housing Actions 16-13
16-15. Coordination with the Office of
Preservation and Property Disposition 16-15
SECTION 2. ALTERATIONS, MODIFICATION, OR ADDITIONS To
PHYSICAL STRUCTURES
16-16. Alterations to Physical Structures 16-16
16-17. Conversion of Residential Units to
Commercial Use 16-16
16-18. Tenant Notice 16-18
16-19. Service of Notice 16-19
16-20. Initial Submission of Materials to HUD 16-19
16-21. Rights of Tenants to Participate 16-21
16-22. Submission of Request for Approval to HUD 16-21
16-23. Decision of Request for Approval 16-21
CHAPTER 17. TAX CREDITS/SUBSIDY LAYERING
RESERVED
CHAPTER 18. ASSET MANAGEMENT OF FORMERLY COINSURED LOANS AND
PROPERTIES
SECTION 1. BACKGROUND AND CHAPTER OVERVIEW
18-1. Purpose 18-1
18-2. Overview of the Multifamily Coinsurance Program 18-1
18-3. FHA's Current Involvement 18-3
SECTION 2. THE PURPOSE OF THE CONTRACTOR
18-4. Definition of Asset Management Contractor 18-4
18-5. Purpose 18-4
18-6. The Role of the Contractor 18-4
18-7. Responsibility for Contractor duties in the
event a contract is not in place 18-5
SECTION 3. KEY PLAYERS AND RELATIONSHIPS
18-8. Purpose 18-5
18-9. Headquarters, Coinsurance Management Division 18-5
18-10. The Field Office Loan Management Branch 18-6
18-11. The Field Office Property Disposition Branch 18-6
_______________________________________________________________________
9/92 20
_____________________________________________________________________
4350.1 REV-1
CHG-2
_________________________________________________________________
PARAGRAPH PAGE
18-12. The Asset Management Contractor 18-7
18-13. GNMA and the GNMA Master Sub-Servicer 18-7
SECTION 4. RESPONSIBILITIES FOR ASSETS RECEIVED BY FHA FROM
DEFAULTED COINSURING LENDERS
18-14. Purpose 18-7
18-15. Acquired Properties 18-7
18-16. Current Loans 18-9
18-17. Loans in Default 18-11
SECTION 5. RESPONSIBILITIES ON SPECIFIC SERVICING ISSUES
PERTAINING TO FORMERLY COINSURED LOANS
18-18. Purpose 18-13
18-19. Transfer of Physical Assets (TPA) 18-13
18-20. Inspections 18-13
18-21. Management Reviews 18-14
18-22. Financial Statement Reviews 18-14
18-23. Workouts 18-14
18-24. Foreclosures 18-14
18-25. Property Disposition 18-15
18-26. Sanctions 18-15
18-27. Communication 18-15
CHAPTER 19. ENVIRONMENTAL ISSUES
SECTION 1. LEAD-BASED PAINT
19-1. Introduction 19-1
19-2. Applicability 19-2
19-3. Program Requirements 19-2
19-4. Elevated Blood Level (EBL) Child 19-5
19-5. Testing for Lead-Based Paint 19-5
19-6. Abatement of Lead-Based Paint 19-6
19-7. Developing an Abatement Strategy 19-8
19-8. Funding the Testing and Abatement Processes 19-9
19-9. Flexible Subsidy Requirements 19-9
19-10. Legal Expenses 19-9
19-11. Other Informational Resources 19-9
SECTION 2. ASBESTOS
19-12. Asbestos 19-10
_________________________________________________________________
21 11/92
_____________________________________________________________________
4350.1 REV-1
CHG-2
_________________________________________________________________
PARAGRAPH PAGE
SECTION 3. POLYCHLORINATED BIPHENYLS (PCB)
19-13. Polychlorinated Biphenyls 19-10
SECTION 4. UNDERGROUND STORAGE TANKS (UST)
19-14. Underground Storage Tanks 19-11
CHAPTER 20. HISTORIC PRESERVATION
20-1. Historic Preservation Review 20-1
20-2. Review Requirements 20-1
20-3. Contacting the State
Historic Preservation Officer 20-2
20-4. Historic Preservation and Handicap Accessibility 20-2
CHAPTER 21. INSURANCE AND LOSS DRAFTS
SECTION 1. INTRODUCTION
21-1. General 21-1
21-2. Chapter Highlights 21-1
21-3. Glossary 21-2
SECTION 2. REQUIRED INSURANCE FOR ALL HUD-INSURED AND
HUD-HELD MULTIFAMILY PROJECTS
21-4. HUD-Insured and HUD-Held Projects 21-11
21-5. Section 202 Projects 21-13
21-6. Recommended Insurance for HUD-Insured,
Co-Insured, and HUD-Held Projects 21-14
21-7. Mortgagee or HUD Requirements to Assure
Adequate Insurance is in Place 21-14
SECTION 3. OPTIONAL INSURANCE OR ADDITIONAL LEVELS OF
COVERAGE WHICH MAY BE CONSIDERED FOR ALL
HUD-INSURED, CO-INSURED AND HUD-HELD PROJECTS
21-8. Individual Project Circumstances 21-15
21-9. Examples of Additional Types of Insurance 21-16
21-10. Other Insurance Issues 21-16
_________________________________________________________________
11/92 22
_____________________________________________________________________
4350.1 REV-1
CHG-2
_________________________________________________________________
PARAGRAPH PAGE
SECTION 4. ASSURING CONTINUING AND ADEQUATE COVERAGE
21-11. Insurable Value 21-17
21-12. Monitoring Receipt of Policies and
Certificates of Insurance 21-17
21-13. Notice of Unavailability of Insurance 21-18
21-14. Reviewing Coverage to Compare with HUD
Requirements for HUD-Held Projects 21-19
21-15. Cost of Insurance 21-20
SECTION 5. LOSS SETTLEMENT DRAFTS
21-16. Definition of Loss Settlement Drafts 21-20
21-17. Mortgagee and Mortgagor Responsibility
for Restoration of Property 21-21
21-18. HUD-Held Projects with Work Out Agreements
in Effect 21-22
21-19. Endorsement 21-22
APPENDICES
Appendix-1. Sample Insurance Review Checklist 21-23
Appendix-2. Sample Letter to Mortgagors Re: Guidance
on Costs of Insurance 21-25
Appendix-3. Sample Letter to Mortgagors Re: Changes in
Insurance Requirements 21-26
Appendix-4. Insurance Commissions 21-27
_________________________________________________________________
11/92 22a
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
CHAPTER 22. PREPAYMENTS AND VOLUNTARY TERMINATIONS
SECTION 1. INTRODUCTION
22-1. General 22-1
22-2. Applicability 22-1
22-3. Glossary 22-4
SECTION 2. REQUESTS FOR TERMINATION OF MORTGAGE INSURANCE
22-4. Notification by Mortgagor 22-5
22-5. Preparation of Form HUD-09807 22-5
SECTION 3. TERMINATION WHEN RESTRICTIONS EXIST
22-6. Mortgagee Requests HUD Approval 22-6
22-7. Moderate Prepayment Restrictions 22-6
22-8. Section 207/223(f) Insurance Program 22-6
22-9. Headquarters Actions 22-7
22-10. HUD Authorizes Prepayment 22-7
22-11. Prepayment Penalties 22-8
22-12. Mortgagor Requests HUD's Override 22-9
22-13. HUD Actions Regarding Overrides 22-9
SECTION 4. PREPAYMENTS AND TERMINATIONS WHEN THERE ARE NO
RESTRICTIONS
22-14. Completion of Form HUD-9807 22-9
SECTION 5. EFFECT OF PREPAYMENT ON HAP CONTRACTS
22-15. Terms and Conditions Remain in Force 22-9
22-16. Effect of Debt Service on Rental Rates 22-10
22-17. Comparability 22-10
APPENDICES
Appendix-1. Form HUD-9807, Request for Termination of
Multifamily Mortgage Insurance 22-11
Appendix-2. Rental Use Agreement 22-13
CHAPTER 23. REAL ESTATE ASSESSMENT AND APPEAL
_______________________________________________________________________
23 9/92
_____________________________________________________________________
4350.1 REV-1
_______________________________________________________________________
PARAGRAPH PAGE
SECTION 1. INTRODUCTION
23-1. Impact of Real Estate Taxes 23-1
23-2. Overview of Owners' Responsibilities 23-1
SECTION 2. OWNER RESPONSIBILITIES
23-3. Accounting Procedures 23-1
23-4. Prompt Payment of Taxes 23-1
23-5. Tax Review and Appeal 23-1
23-6. Professional Assistance in Appeals Process 23-3
23-7. Rent Increase Requests 23-4
23-8. Cash Refunded to the Property 23-4
SECTION 3. FIELD OFFICE RESPONSIBILITIES
23-9. General 23-4
23-10. Income and Expense Analysis 23-4
23-11. Rent Increase Requests 23-5
SECTION 4. THE TAX PROCESS
23-12. Basic Factors 23-6
23-13. Types of Appraisals 23-6
23-14. Types of Tax Reductions 23-8
SECTION 5. APPEAL OF REAL ESTATE ASSESSMENTS
23-15. General Information 23-9
23-16. Basis of Appeal 23-9
23-17. Appeal Assumptions 23-10
CHAPTER 24. OPERATING LOSS LOANS
24-1. Introduction 24-1
24-2. General information - Operating Loss Loans 24-1
A. Eligibility of the Mortgagor 24-1
B. Definition of an Operating Loss Loan 24-2
24-3. Preliminary Discussions for Operating Loss Loan 24-2
24-4. Field Office Processing of Formal Application 24-2
CHAPTER 25. RESIDUAL RECEIPTS
25-1. Applicability 25-1
25-2 Definition 25-1
25-3. Calculation of Residual Receipts 25-2
25-4. Depositing Residual Receipts 25-2
_______________________________________________________________________
9/92 24
_____________________________________________________________________
4350.1 REV-1
4350.1 REV-1
CHG-9
PARAGRAPH PAGE
25-5 Holding and Investing Funds 25-3
25-6 Combined Investments 25-3
25-7 Mortgagee Charges for Investments 25-4
25-8 Other Fees 25-4
25-9 Capital Resources 25-4
25-10 Section 8, Special Considerations 25-6
25-11 Section 8, Other Considerations 25-6
25-12 Residual Receipts Notes 25-7
CHAPTER 26. GENERAL OPERATING RESERVE
Section 1. GENERAL
26-1 Introduction 26-1
26-2 Eligibility of Mortgagors 26-2
26-3 Background Information 26-2
Section 2. TECHNICAL REQUIREMENTS
26-4 Funding Requirement 26-3
26-5 Replacement of Withdrawals 26-4
26-6 Account Maintenance and Investment 26-4
CHAPTER 27. SECTION 202 DEBT SERVICE RESERVE
27-1 Introduction 27-1
27-2 Eligibility of Mortgagor 27-1
27-3 Technical Funding Requirement 27-1
CHAPTER 28. SPECIAL ESCROW
Section l. CHAPTER OVERVIEW AND PURPOSE
28-1 Introduction and General Use 28-1
Section 2. PRE-FINAL ENDORSEMENT ESCROWS
28-2 Operating Deficit Escrow 28-2
Section 3. POST FINAL ENDORSEMENT ESCROWS
28-3 Repair Escrows 28-3
28-4 Escrow of the owner contribution 28-3
28-5 Escrow of a deed to the property 28-3
25 12/95
4350.1 REV-1
CHG-1
PARAGRAPH PAGE
SECTION 4. MONITORING ESCROWS
28-6. Monitoring Requirements 28-3
SECTION 5. LETTER OF CREDIT REQUIREMENTS FOR POST FINAL
ENDORSEMENT ESCROWS
28-7. The Letter of Credit (LOC) 28-4
CHAPTER 29. CONVERSION TO COOPERATIVE OWNERSHIP
29-1. Introduction 29-1
29-2. General 29-1
29-3. Consent, Submission and Review Requirements 29-2
29-4. How Proposals are Structured: Technical
Requirements 29-3
CHAPTER 30. CONVERSION TO CONDOMINIUM OWNERSHIP
30-1. Introduction 30-1
30-2. General 30-1
30-3. Example 30-1
30-4. How a Conversion Works 30-2
30-5. General Provisions: Eligibility of
Projects and Consent Requirements 30-2
30-6. Specific Technical Requirements and Thresholds 30-4
30-7. Submission and Review Procedures 30-5
CHAPTER 31. MANDATORY MEALS
SECTION 1. GENERAL
31-1. Applicability 31-1
31-2. Not Applicable 31-2
SECTION 2. MANAGEMENT OF THE MEALS PROGRAM
31-3. Lease Provisions 31-3
31-4. Charges for Meals Paid by Tenants 31-3
31-5. Tenants who are Permanently or Temporarily
Incapacitated 31-4
31-6. Mandatory Exemptions 31-4
31-7. Discretionary Exemptions 31-6
9/92 26
______________________________________________________________________
_____________________________________________________________________
4350.1 REV-1
CHG-1
______________________________________________________________________
PARAGRAPH PAGE
SECTION 3. PROGRAM ADMINISTRATION
31-8. Increases in Charges to Tenants Must be
Approved by HUD 31-6
31-9. Nutritional Standards 31-7
31-10. Prohibition Against Discrimination 31-7
31-11. Cost of Meals 31-8
31-12. Limiting the Cost of Meals 31-8
31-13. Accounting Requirements 31-9
31-14. Operating Surpluses From the Meals Program 31-9
31-15. Use of Contract Services 31-9
SECTION 4. FIELD OFFICE REVIEW OF MEAL CHARGES AND
NONCOMPLIANCE
31-16. The Field Offices' Review of an Increase in
Tenant charges 31-10
31-17. Material Noncompliance 31-10
31-18. Withdrawal of the Approval of the
Mandatory Meal Program 31-11
31-19. Appeal Process 31-11
CHAPTER 32. PETS
SECTION 1. GENERAL INFORMATION
32-1. Applicability 32-1
32-2. Not Applicable 32-2
32-3. Exclusion for Animals that Assist
the Handicapped 32-2
32-4. Prospective Tenant's Rejection of a Unit 32-3
32-5. Notice of Refusal to Register a Pet 32-3
SECTION 2. HOUSE PET RULE VIOLATION
32-6. Notice of House Pet Rule Violation 32-4
32-7. Pet Rule Violation Meeting 32-4
32-8. Initiation of Procedures to Terminate
a Pet Owner's Tenancy 32-5
32-9. Notice of Pet Removal 32-5
______________________________________________________________________
27 9/92
_____________________________________________________________________
4350.1 REV-1
CHG-1
______________________________________________________________________
SECTION 3. PROCEDURES FOR DEVELOPMENT OF HOUSE PET RULES
32-10. Procedures 32-6
32-11. Amendment of House Pet Rules 32-7
SECTION 4. HOUSE PET RULES
32-12. Mandatory House Pet Rules 32-7
32-13. Reasons an Owner/Agent May Refuse to admit
a Pet into the Project 32-9
32-14. Discretionary House Pet Rules 32-10
32-15. House Pet Rules may not Prescribe 32-12
32-16. Service of Notice 32-12
SECTION 5. REFUNDABLE DEPOSITS FOR PETS
32-17. Collection of Pet Deposits From Tenants 32-13
32-18. Increasing the Amount of the Pet Deposit 32-15
32-19. Pet Deposit May be Used to Pay
Reasonable Expenses 32-15
32-20. Refund of the Pet Deposit to the Tenant 32-15
SECTION 6. LEASE PROVISIONS
32-21. Lease Provisions for pets 32-16
32-22. Lease Provisions for Inspections 32-16
32-23. Health and Safety Lease Provisions 32-16
SECTION 7. PROTECTION OF A PET
CHAPTER 33. SPECIAL MANAGEMENT AND SERVICING OF SINGLE ROOM
OCCUPANCY PROJECTS
SECTION 1. INTRODUCTION
33-1. Purpose of the Single Room Occupancy Program 33-1
33-2. General 33-1
33-3. Processing Project Applications 33-1
33-4. Civil Rights Requirements 33-3
SECTION 2. PROGRAM ADMINISTRATION
33-5. Occupancy 33-3
33-6. Special Program Requirements 33-4
______________________________________________________________________
9/92 28
4350.1 REV-1
CHG-3
________________________________________________________________________
TABLE OF CONTENTS
PARAGRAPH PAGE
SECTION 3. CALCULATING SPECIAL RENT INCREASES FOR AAF RENTS
34-3. Purpose 34-4
34-4. Types of Special Rent Increases 34-4
34-5. The Consideration of Special Adjustments for
Property Taxes, Insurance and Utilities 34-4
34-6. Processing the Request for Special Adjustments 34-6
34-7. Processing the Approved Special Adjustment and
Calculating the Effect on Tenant Rents 34-8
34-8. Backing Out of Previously Approved Special
Rent Increases 34-8
APPENDICES
Appendix-1. Sales Analysis
Foreclosure/HUD-Owned Project 34-9
Appendix-2. Form HUD-9833B 34-11
Appendix-3. Rate Sheet 34-12
Appendix-4. Sample Certification 34-14
CHAPTER 35. SMOKE DETECTORS
35-1. Applicability 35-1
35-2. Clarification on Applicability 35-1
35-3. Basic Requirements 35-3
35-4. Clarification on What Constitutes a "Level:"
Instructions for Basements and Attics 35-4
35-5. Owners' Responsibilities 35-5
35-6. Residents' Responsibilities 35-8
35-7. Funding Smoke Detectors 35-8
35-8. Impact of State Law and/or Local Housing
Codes and Ordinances 35-9
________________________________________________________________________
29 3/93
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
Related searches
- u s department of education reports
- u s department of education website
- u s department of education accreditation
- u s department of treasury
- u s department of education staff directory
- u s department of state
- u s department of education grant
- u s department of education secretary
- department of housing and urban development
- u s department of education
- u s department of the treasury
- u s department of higher education