Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
Part 248 - Prepayment of Low Income Housing Mortgages |
Subpart C - Prepayment and Plans of Action Under the Emergency Low Income Preservation Act of 1987 |
§ 248.218 - Tenant notice and opportunity to comment.
Latest version.
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§ 248.218 Tenant notice and opportunity to comment.
When the owner and the Commissioner have reached preliminary agreement on the terms of a plan of action, the Commissioner shall prepare a summary of such terms and the anticipated impact of the plan of action on the current tenants. The owner shall send a copy of the summary to each tenant in the project, and shall post a copy of the summary in each occupied building in the project. The summary shall notify tenants that they have sixty calendar days in which to submit any comments to the Commissioner, who shall take any such comments into account before giving final approval to the plan of action.
(Approved by the Office of Management and Budget under control number 2502-0378)