HUD 24 CFR PART 969-2011 PHA-OWNED PROJECTS桟ONTINUED OPERATION AS LOW-INCOME HOUSING AFTER COMPLETION OF DEBT SERVICE《PHA自有项目 债务还本付息结束后低收入家庭住房的连续操作》.pdf
《HUD 24 CFR PART 969-2011 PHA-OWNED PROJECTS桟ONTINUED OPERATION AS LOW-INCOME HOUSING AFTER COMPLETION OF DEBT SERVICE《PHA自有项目 债务还本付息结束后低收入家庭住房的连续操作》.pdf》由会员分享,可在线阅读,更多相关《HUD 24 CFR PART 969-2011 PHA-OWNED PROJECTS桟ONTINUED OPERATION AS LOW-INCOME HOUSING AFTER COMPLETION OF DEBT SERVICE《PHA自有项目 债务还本付息结束后低收入家庭住房的连续操作》.pdf(3页珍藏版)》请在麦多课文档分享上搜索。
1、503 Asst. Secry., for Public and Indian Housing, HUD 969.102 (2) Declare a breach of the ACC by the grantee; and (3) Any other sanctions authorized by law or regulation. 968.428 Program closeout. (a) Requirements for grantees. Upon completion of the activities funded in accordance with this part, th
2、e grantee shall submit to HUD, and in a form prescribed by HUD, the actual mod-ernization cost certificate for HUDs review, audit verification, and ap-proval. The grantee shall immediately remit any excess funds provided by HUD. If the audited modernization cost certificate discloses unauthorized ex
3、-penditures, the grantee shall take such corrective actions as HUD may direct. (b) Audit. The audit shall follow the guidelines prescribed in 24 CFR part 44, Non-Federal Government Audit Re-quirements. (Approved by the Office of Management and Budget under control number 25770181) 968.435 Other prog
4、ram requirements. In addition to the program require-ments applicable to this subpart under 968.110, each PHA participating in the vacancy reduction program under this subpart shall: (a) Certify that any modernization, reconstruction, or rehabilitation ac-tivities that are funded under this sub-part
5、 will be undertaken in accordance with modernization standards, as set forth in HUD Handbook 7485.2, as re-vised; (b) Certify that activities undertaken within vacant units will bring the af-fected units into compliance with the Housing Quality Standards, as set forth in 982.401 of this title, excep
6、t that 982.401(j) of this title shall not apply; the applicable lead-based paint requirements in part 35 subparts A, B, L and R, of this title shall apply. (c) Provide for resident involvement, in a manner to be determined by the Secretary, in the process of applying for any funding available under
7、this part. 59 FR 30478, June 13, 1994, as amended at 64 FR 50229, Sept. 15, 1999 PART 969PHA-OWNED PROJECTSCONTINUED OPER-ATION AS LOW-INCOME HOUS-ING AFTER COMPLETION OF DEBT SERVICE Sec. 969.101 Purpose. 969.102 Applicability. 969.103 Definitions. 969.104 Continuing eligibility for operating subsi
8、dy. 969.105 Extension of ACC upon payment of operating subsidy. 969.106 ACC extension in absence of current operating subsidy. 969.107 HUD approval of demolition or dis-position before ACC expiration. AUTHORITY: United States Housing Act of 1937 (42 U.S.C. 1437, et seq.); sec. 7(d), Depart-ment of H
9、ousing and Urban Development Act (42 U.S.C. 3535(d). SOURCE: 45 FR 52372, Aug. 7, 1980, unless otherwise noted. Redesignated at 49 FR 6714, Feb. 23, 1984. 969.101 Purpose. This part provides a basis for main-taining the low-income nature of a public housing project after the com-pletion of debt serv
10、ice on the project, specifying methods for extending the effective period of those provisions of the Annual Contributions Contract (ACC) which relate to project oper-ation. Such an extension provides a contractual basis for the continued op-eration of the project under the Low- Income Public Housing
11、 Program, in-cluding continued eligibility for Oper-ating Subsidy. 969.102 Applicability. This part applies to any low-income public housing project that is owned by a Public Housing Agency (PHA), in-cluding any Turnkey III housing, and is subject to an ACC under section 5 of the United States Housi
12、ng Act of 1937 (Act). This part does not apply to the Section 8 and Section 23 Housing As-sistance Payments Programs, the Sec-tion 10(c) and Section 23 Leased Hous-ing Programs, Lanham Act and Public Works projects that remain under ad-ministration contracts, or Indian Hous-ing projects. 56 FR 922,
13、Jan. 9, 1991 VerDate Mar2010 10:07 May 20, 2011 Jkt 223080 PO 00000 Frm 00513 Fmt 8010 Sfmt 8010 Y:SGML223080.XXX 223080erowe on DSK5CLS3C1PROD with CFRProvided by IHSNot for ResaleNo reproduction or networking permitted without license from IHS-,-,-504 24 CFR Ch. IX (4111 Edition) 969.103 969.103 D
14、efinitions. (a) ACC expiration date means the last day of the term during which a particular public housing project is subject to all or any of the provisions of the ACC. The ACC term for a par-ticular project expires at the latest of: (1) The end of the Debt Service Completion Date, which is the la
15、st day of a one-year period beginning with, and inclusive of, the last debt service Annual Contribution Date for the project, as determined under the ACC (e.g., if the last debt service An-nual Contribution Date is June 15, 1983, the one-year period continues through the end of the day on June 14, 1
16、984, which is the Debt Service Completion Date); or (2) The end of the date of full repay-ment of any indebtedness of the PHA to the Federal government in connec-tion with the project; or (3) The end of the last date of an ex-tension of the term of the ACC provi-sions related to project operation, a
17、s effected under 969.105 or 969.106. (b) Operating subsidy means addi-tional annual contributions for oper-ations under section 9 of the Act. 969.104 Continuing eligibility for op-erating subsidy. Until and after the Debt Service Completion Date for any project, HUD shall pay Operating Subsidy with
18、re-spect to such project only in accord-ance with an ACC amendment pro-viding for extension of the term of the ACC provisions related to project oper-ation, pursuant to 969.105 or 969.106. The ACC amendment shall be in the form prescribed by HUD and shall specify the particular provisions of the ACC
19、 which relate to continued project operation and, therefore, remain in ef-fect for the extended ACC term. These provisions shall include a requirement that the PHA execute and file for pub-lic record an appropriate document evi-dencing the PHAs covenant not to convey, encumber or make any other disp
20、osition of the project before the end of the projects ACC Expiration Date, without HUD approval. 969.105 Extension of ACC upon pay-ment of operating subsidy. (a) ACC amendment. As a condition for the first HUD approval for payment of Operating Subsidy with respect to the projects under a particular
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