§ 950.453 - Counseling of homebuyers.  


Latest version.
  • (a) General. (1) The IHA shall provide counseling to homebuyers in accordance with this section. The purpose of the counseling program shall be to develop:

    (i) A full understanding by homebuyers of their responsibilities as participants in the MH Project;

    (ii) Ability on their part to carry out these responsibilities; and

    (iii) A cooperative relationship with the other homebuyers.

    (2) All homebuyers shall be required to participate in and cooperate fully with all official preoccupancy and postoccupancy counseling activities. Failure without good cause to participate in the program shall constitute a breach of the MHO Agreement.

    (b) The IHA shall submit to the HUD Area ONAP a copy of its counseling program with its request for funding for approval.

    (c) Progress reports. An IHA shall submit an annual progress report to the Area ONAP within 45 days of the end of its fiscal year or such later date as may be approved by the Area ONAP.