Restructuring Plan | Midpage

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Code of Federal Regulations

Subpart C

Restructuring Plan

401.400Required elements of a Restructuring Plan.401.401Consolidated Restructuring Plans.401.402Cooperation with owner and qualified mortgagee in Restructuring Plan development.401.403Rejection of a request for a Restructuring Plan because of actions or omissions of owner or affiliate or project condition.401.404Proposed Restructuring Commitment.401.405Restructuring Commitment review and approval by HUD.401.406Execution of Restructuring Commitment.401.407Closing conducted by PAE.401.408Affordability and use restrictions required.401.410Standards for determining comparable market rents.401.411Guidelines for determining exception rents.401.412Adjustment of rents based on operating cost adjustment factor (OCAF) or budget.401.420When must the Restructuring Plan require project-based assistance?401.421Rental Assistance Assessment Plan.401.450Owner evaluation of physical condition.401.451PAE Physical Condition Analysis (PCA).401.452Property standards for rehabilitation.401.453Reserves.401.460Modification or refinancing of first mortgage.401.461HUD-held second mortgage.401.471HUD payment of a section 541(b) claim.401.472Rehabilitation funding.401.473HUD grants for rehabilitation under section 236(s) of NA.401.474Project accounts.401.480Sale or transfer of project.401.481Subsidy layering limitations on HUD funds.401.500Required notices to third parties and meeting with third parties.401.501Delivery of notices and recipients of notices.401.502Notice requirement when debt restructuring will not occur.401.503Access to information.