§ 886.335 - Management and occupancy reviews.  


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  • § 886.335 HUD review of agreement and contract compliance.

    HUD will review project operations at such intervals as it deems necessary to ensure that

    Management and occupancy reviews.

    (a) The contract administrator will conduct management and occupancy reviews to determine whether the owner is in

    full

    compliance with the

    terms and conditions of the contract, Regulatory Agreement, and Agreement to Enter into a Housing Assistance Contract, if any. The equal opportunity review may be conducted with the scheduled HUD review or at any time deemed appropriate by HUD.

    Contract. Such reviews will be conducted in accordance with a schedule set out by the Secretary and published in the Federal Register, following notice and the opportunity to comment. Where a change in ownership or management occurs, a management and occupancy review must be conducted within six months.

    (b) HUD or the Contract Administrator may inspect project operations and units at any time.

    (c) Equal Opportunity reviews may be conducted by HUD at any time.

    [87 FR 37997, June 27, 2022]