Part 248 - Prepayment of Low Income Housing Mortgages  


Subpart A - General
§ 248.1 - Purpose.
§ 248.3 - Applicability.
§ 248.5 - Election to proceed under subpart B or subpart C of this part.
Subpart B - Prepayments and Plans of Action Under the Low Income Housing Preservation and Resident Homeownership Act of 1990
§ 248.101 - Definitions.
§ 248.103 - General prepayment limitation.
§ 248.105 - Notice of intent.
§ 248.111 - Appraisal and preservation value of eligible low income housing.
§ 248.121 - Annual authorized return and aggregate preservation rents.
§ 248.123 - Determination of Federal cost limit.
§ 248.127 - Limitations on action pursuant to Federal cost limit.
§ 248.131 - Information from the Commissioner.
§ 248.133 - Second notice of intent.
§ 248.135 - Plans of action.
§ 248.141 - Criteria for approval of a plan of action involving prepayment and voluntary termination.
§ 248.145 - Criteria for approval of a plan of action involving incentives.
§ 248.147 - Housing standards.
§ 248.149 - Timetable for approval of a plan of action.
§ 248.153 - Incentives to extend low income use.
§ 248.157 - Voluntary sale of housing not in excess of Federal cost limit.
§ 248.161 - Mandatory sale of housing in excess of the Federal cost limit.
§ 248.165 - Assistance for displaced tenants.
§ 248.169 - Permissible prepayment or voluntary termination and modification of commitments.
§ 248.173 - Resident homeownership program.
§ 248.175 - Resident homeownership program - limited equity cooperative.
§ 248.177 - Delegated responsibility to State agencies.
§ 248.179 - Consultation with other interested parties.
§ 248.181 - Notice to tenants.
§ 248.183 - Preemption of State and local laws.
Subpart C - Prepayment and Plans of Action Under the Emergency Low Income Preservation Act of 1987
§ 248.201 - Definitions.
§ 248.203 - General prepayment limitation.
§ 248.211 - Notice of intent to prepay.
§ 248.213 - Plan of action.
§ 248.215 - Notification of deficiencies.
§ 248.217 - Revisions to plan of action.
§ 248.218 - Tenant notice and opportunity to comment.
§ 248.219 - Notification of approval.
§ 248.221 - Approval of a plan of action that involves termination of low income affordability restrictions.
§ 248.223 - Alternative State strategy.
§ 248.231 - Incentives to extend low income use.
§ 248.233 - Approval of a plan of action that includes incentives.
§ 248.234 - Section 8 rental assistance.
§ 248.241 - Modification of existing regulatory agreements.
§ 248.251 - Consultation with other interested parties.
§ 248.261 - Agreements implementing plans of action and State strategies.
Subpart D - State Preservation Project Assistance
§ 248.300 - General.
§ 248.301 - Initial application.
§ 248.303 - Approval of a State agency's initial application.
§ 248.305 - Applicability of subpart B of this part.
§ 248.307 - Authority to process and approve notices of intent and plans of action.
§ 248.311 - Notice of intent.
§ 248.315 - Preservation agreements.
§ 248.319 - Application for assistance.
Subpart E - Technical Assistance and Capacity Building
§ 248.401 - Purposes.
§ 248.405 - Grants for building resident capacity and funding predevelopment costs.
§ 248.410 - Grants for other purposes.
§ 248.415 - Delivery of assistance through intermediaries.
§ 248.420 - Definitions.