794), and Titles II and III of the Americans with Disabilities Act (42 U.S.C. and regulations at 31 CFR part 205. Very low-income families means low-income families whose annual incomes are in excess of 30 percent but not greater than 50 percent of the median family income of a geographic area, as determined by HUD with adjustments for smaller and larger families. The ratio of the shortage of standard rental units both affordable and available to very low-income renter households in the State to the aggregate shortage of standard rental units both affordable and available to very low-income renter households in all the States. (d) Need factor four. A local government subgrantee must have an approved consolidated plan submitted in accordance with 24 CFR part 91. The participating jurisdiction must review and approve a written cost estimate for rehabilitation after determining that costs are reasonable. FHA Appraisal Guidelines & Inspection Requirements | Chase full text search results The agreement must specify that the recipient may not request disbursement of funds under the agreement until the funds are needed for payment of eligible costs. This tool is a . In the absence of such laws or codes, the installation must comply with the manufacturer's written instructions for installation of manufactured housing units. Qualification as affordable housing: modest housing requirements for homeownership; resale or recapture requirements. The participating jurisdiction's standards must require the housing to be free of all health and safety defects. (D) HUD determines that the person was not displaced as a direct result of acquisition, rehabilitation, or demolition for the project. The participating jurisdiction must ensure that the work to be undertaken will meet the participating jurisdiction's rehabilitation standards. (v) Construction progress inspections. (2) The grantee must establish refinancing guidelines and state them in its consolidated plan described in 24 CFR part 91. If a family who lives in a HTF-assisted rental unit separates under 24 CFR 5.2009(a), the remaining tenant(s) may remain in the HTF-assisted unit. In determining whether to grant a requested exception after the grantee has satisfactorily met the requirements of paragraph (d) of this section, HUD will consider the cumulative effect of the following factors, where applicable: (1) Whether the exception would provide a significant cost benefit or an essential degree of expertise to the program or project which would otherwise not be available; (2) Whether the person affected is a member of a group or class of income eligible persons intended to be the beneficiaries of the assisted activity, and the exception will permit such person to receive generally the same interests or benefits as are being made available or provided to the group or class; (3) Whether the affected person has withdrawn from his or her functions or responsibilities, or the decisionmaking process with respect to the specific assisted activity in question; (4) Whether the interest or benefit was present before the affected person was in a position as described in paragraph (c) of this section; (5) Whether undue hardship will result either to the grantee or the person affected when weighed against the public interest served by avoiding the prohibited conflict; and. (5) For new construction or rehabilitation, the cost of funding an initial operating deficit reserve, which is a reserve to meet any shortfall in project income during the period of project rent-up (not to exceed 18 months) and which may only be used to pay project operating expenses, scheduled payments to a replacement reserve, and debt service. Comments or questions about document content can not be answered by OFR staff. All rehabilitation that is performed using HOME funds must meet the requirements of this paragraph (b). 200.925a: Multifamily and care-type minimum property standards. The housing must be sold to a new eligible homebuyer in accordance with the requirements of this section. Housing that is for purchase by a first-time homebuyer must meet the affordability requirements of this section. For homeownership housing, the grantee's standards must require, upon project completion, each of the major systems to have a remaining useful life for a minimum of 5 years or for such longer period specified by grantee, or the major systems must be rehabilitated or replaced as part of the rehabilitation work. The grantee must include these limits in its consolidated plan and update these limits annually. (a) General. If the Phase I ESA identifies recognized environmental concerns (RECs), a Phase II (ESAASTM) will be required. The grantee may use only one of these methods. (B) A wetland means those areas that are inundated by surface or ground water with a frequency sufficient to support, and under normal circumstances, does or would support a prevalence of vegetative or aquatic life that requires saturated or seasonally saturated soil conditions for growth and reproduction. Reviews to determine compliance with specific requirements of this part will be conducted as necessary, with or without prior notice to the grantee. Operating cost assistance and operating cost assistance reserves may be provided only to rental housing acquired, rehabilitated, reconstructed, or newly constructed with HTF funds. The requirements of 2 CFR part 200 apply to the grantees and subgrantees receiving HTF funds, except for the following provisions: 200.307, 200.311, 300.328 (b), 200.329, and 200.333. In addition, during the period of affordability, records for rental projects demonstrating compliance with the property standards, and financial reviews and actions pursuant to 93.404(a). (3) HTF funds may be used to purchase and/or rehabilitate a manufactured housing unit, and purchase the land upon which a manufactured housing unit is located. (b) Each grantee is responsible for distributing HTF funds throughout the State according to the State's assessment of the priority housing needs within the State, as identified in the State's approved consolidated plan. Browse the library of grantee reports and plans, organized by program. Right now, Saint Louis, MO currently has 3,309 HUD foreclosure listings available. The participating jurisdiction's standards must require the housing to meet all applicable State and local code requirements and ordinances. Elevated and floodproofed buildings must adhere to National Flood Insurance Program standards. The agreement must specify the particular records that must be maintained and the information or reports that must be submitted in order to assist the grantee in meeting its recordkeeping and reporting requirements. (2) Rehabilitation projects environmental requirements . The agreement may permit the recipient to limit eligibility or give a preference to a particular segment of the population, only if the grantee has described any such limited eligibility or preference in its consolidated plan; provided, however, that any limitation or preference cannot violate nondiscrimination requirements in 93.350. Affirmative marketing steps consist of actions to provide information and otherwise attract eligible persons in the housing market area to the available housing without regard to race, color, national origin, sex, religion, familial status, or disability. The grantees providing HTF funds to assist manufactured housing units must comply with applicable State and local laws or codes. (ii) The factor described in 93.51(a) is weighted 0.5. (ii) Major systems. (iii) The sum of the four needs factors for each State is then multiplied by the construction cost factor described in 93.51(e) of this section and by the total amount of funds available for State allocations. 1701u). EPA defines a sole or principal source aquifer as an aquifer that supplies at least 50 percent of the drinking water consumed in the area overlying the aquifer. The requirements of this subpart include: nondiscrimination and equal opportunity; disclosure requirements; debarred, suspended, or ineligible contractors; drug-free work; and housing counseling. A state must use, manage and dispose of equipment acquired under a Federal award by the state in accordance with state laws and procedures. An owner of rental housing assisted with HTF funds must comply with the affirmative marketing requirements established by the grantee pursuant to 93.350. If HTF funds are used to assist a homebuyer who has entered into a contract to purchase housing to be constructed, the homebuyer must qualify as an income-eligible family at the time the contract is signed. 501). (xiv) Sole-source aquifers. The means of enforcement and the affordability requirements in 93.304 for resale restrictions must be imposed by deed restrictions, covenants running with the land, use restrictions, or other mechanisms approved by HUD under which the grantee may require specific performance. Qualification as affordable housing: rental housing. (3) Initiation of negotiations. (iv) Records demonstrating compliance with the lead-based paint requirements of 24 CFR part 35, subparts A, B, J, K, M, and R. (v) Records demonstrating compliance with requirements of 93.352 regarding displacement, relocation, and real property acquisition. (1) HTF funds may be used to assist homebuyers through lease-purchase programs for existing housing and for housing to be constructed. Program income means gross income received by the grantee that is directly generated from the use of HTF funds. (1) The Violence Against Women Act (VAWA) requirements set forth in 24 CFR part 5, subpart L, apply to all rental housing assisted with HTF funds, as provided in this section. (1) If, in any year, a grantee fails to obtain reimbursement or return of the full amount required to be reimbursed or returned to the grantee during the year, the amount of the grant for the grantee for the succeeding year will be reduced by the amount by which the amounts required to be reimbursed or returned exceed the amount actually reimbursed or returned. (b) If in any fiscal year, funding in the HTF is insufficient to provide each of the 50 States and the District of Columbia with a minimum grant of $3 million, HUD will, through notice published in the Federal Register for public comment, describe an alternative method for allocating grant funds to the 50 States and the District of Columbia. SECTION 1: UNDERWRITING THE PROPERTY [7 CFR 3555.201] The eligible amount of HTF funds per unit for operating cost assistance is determined based on the deficit remaining after the monthly rent payment for the HTF-assisted unit is applied to the HTF-assisted unit's share of monthly operating costs. (i) Recapture provisions must ensure that the grantee recoups all or a portion of the HTF assistance to the homebuyers, if the housing does not continue to be the principal residence of the family for the duration of the period of affordability. It is the lender's responsibility to ensure that the property meets the Agency's standards. The affordability requirements must be recorded in accordance with State recordation laws. (HUD) funding definitions applicable to the property and/or the Housing for Older Persons Act (HOPA) shall be required to provide bicycle . will also bring you to search results. (A) The project activities (including demolition) must not be performed on properties that are either listed in or determined eligible for listing in the National Register of Historic Places, unless the project activities meet the Secretary of the Interior's Standards for Rehabilitation, either as certified through the Federal and/or State historic rehabilitation tax credit programs or as verified by someone that meets the relevant Secretary of the Interior's Professional Qualification Standards; (B) Archaeological resources. Minimum Property Standards | HUD.gov / U.S. Department of Housing and (1) After the grantee executes the HTF grant agreement, submits the applicable banking and security documents, and commits funds to a specific local project, the grantee shall identify (set up) specific activities (i.e., projects) in the disbursement and information system. The grantee must establish written inspection procedures. The agreement must also require owners of rental housing assisted with HTF funds to maintain the housing in compliance with 93.301 of this part for the duration of the affordability period, and to comply with the requirements of 93.303. Shortage of standard rental units both affordable and available to extremely low-income renter households means. At a minimum, the following records are needed: (i) The forms of HTF assistance used in the program. (HUD's) community development effortsthe HOME Investment Partnerships Program and the Community Development Block Grant (CDBG). The agreement must specify the particular records that must be maintained and the information or reports that must be submitted to assist the grantee in meeting its recordkeeping and reporting requirements. The proposed rule would also revise HUD's Minimum Property Standards for one-to-four-unit housing under HUD mortgage insurance and low-rent public housing programs to require that the lowest floor in both newly constructed and substantially improved structures located within the 100-year floodplain be built at least 2 feet above the base flood . The agreement must specify the period of performance of the agreement. (a) Applicability of 2 CFR 200.318. If the formula amount determined for a fiscal year is less than $3 million to any of the 50 States or the District of Columbia, then the allocation to that State or the District of Columbia is increased to $3 million, and allocations to States and the District of Columbia above $3 million and to the Commonwealth of Puerto Rico and the insular areas are adjusted by an equal amount on a pro rata basis. (b) Rehabilitation projects. (2) In lieu of the limits provided by HUD, the grantee may determine 95 percent of the median area purchase price for single family housing in the jurisdiction annually, as follows: The grantee must set forth the price for different types of single family housing for the jurisdiction. (f) Appeals. (B) HTF projects must avoid sites located within 0.25 miles of a Superfund or CERCLIS (Comprehensive Environmental Response, Compensation, and Liability Information System) site or other contaminated site reported to Federal, State, or local authorities without a statement in writing from the U.S. Environmental Protection Agency (EPA) or the appropriate State agency that there is no hazard that could affect the health and safety of the occupants or conflict with the intended use of the property. (v) Any other factor relevant to the grantee's determination, including the timing of the requested exception. If the housing assisted under this agreement is homeownership housing, the agreement must be in effect at least until completion of the project and ownership by the first-time homebuyer. (iii) Records documenting required inspections, monitoring reviews and audits, and the resolution of any findings or concerns. State means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, Guam, the Virgin Islands, and American Samoa. This web site is designed for the current versions of The participating jurisdiction must conduct progress and final inspections of construction to ensure that work is done in accordance with the applicable codes, the construction contract, and construction documents. The agreement must specify the affordability period, require housing assisted with HTF funds to meet the affordability requirements of 93.302 or 93.304, as applicable, and must require repayment of the funds if the housing does not meet the affordability requirements for the specified time period. The homebuyer must qualify as an income-eligible family at the time the lease-purchase agreement is signed. (iii) Fees for services such as bus transportation or meals, as long as the services are voluntary and fees are charged for services provided. The actual cost of constructing or rehabilitating housing. (iii) Lead-based paint. (ii) Adjusted gross income as defined for purposes of reporting under the Internal Revenue Service (IRS) Form 1040 series for individual federal annual income tax purposes. The grantee must review and approve a written cost estimate for rehabilitation after determining that costs are reasonable. The data must be listed in ascending order of sales price. (g) Special considerations for single family properties with more than one unit. The standards must ensure that owners maintain the housing as decent, safe, and sanitary housing in good repair. In addition, a project that has been committed in the system for 12 months without an initial disbursement of funds may be canceled by the system. (viii) Uniform Physical Condition Standards. The recaptured funds must be used to carry out HTF-eligible activities in accordance with the requirements of this part. What Are FHA Minimum Standards? If a grantee's written agreement with the project owner permits the rental housing project to limit tenant eligibility or to have a tenant preference in accordance with 93.303(d)(3), the grantee must have affirmative marketing procedures and requirements that apply in the context of the limited/preferred tenant eligibility for the project. (2) If HTF funds are used to acquire housing that will be resold to a homebuyer through a lease-purchase program, the HTF affordability requirements for rental housing in 93.302 shall apply if the housing is not transferred to an eligible homebuyer within 42 months after project completion. Family has the same meaning given that term in 24 CFR 5.403. (a) General. HUD will review the performance of each grantee in carrying out its responsibilities under this part whenever determined necessary by HUD, but at least annually. The grantee must ensure the construction contract(s) and construction documents describe the work to be undertaken in adequate detail so that inspections can be conducted. HUD- Manufactured Housing and Standards - Standards for Manufactured For subsequent income determinations during the period of affordability, the grantee may use any one of the methods described in paragraph (d) of this section, in accordance with 93.302(e). The Federal requirements set forth in 24 CFR part 5, subpart A, are applicable to participants in the HTF program. (iv) Terminate any HTF assistance to the grantee. Project activities should avoid sites and activities that have the potential to contaminate sole source aquifer areas (SSAs). In addition, the agreement must specify remedies for breach of the provisions of the agreement. (1) Tenants in HTF-assisted housing. (iii) The address of the listed properties must include the location within the grantee. (i) Equal opportunity and fair housing records, as required under 24 CFR part 121. Projects receiving National Housing Trust Funds must meet the property standards of 24 CFR 93.301 (f) (1) and (2).The development team is responsible to . The grantee must document this compliance based upon a review of approved building plans and Certificates of Occupancy, and an inspection that is conducted no earlier than 90 calendar days before the date of commitment of HTF assistance. (iii) If there are observed deficiencies for any of the inspectable items established by the grantee, in accordance with the inspection requirements of 93.301, a follow-up onsite inspection must occur within 12 months, or within a reasonable time frame established by the grantee depending on the severity of the deficiency, to verify that all observed deficiencies have been corrected. (4) Corrective and remedial actions. Upon written request of a recipient, the grantee (or subgrantee, if authorized by the grantee) may grant an exception to the provisions of paragraph (f)(1) of this section on a case-by-case basis when it determines that the exception will serve to further the purposes of the HTF program and the effective and efficient administration of the recipient's HTF-assisted project. An FHA home inspection checklist is used by HUD-approved property appraisers to thoroughly inspect the entire property. The participating jurisdiction must undertake ongoing property inspections, in accordance with 92.504(d). (v) Uniform administrative requirements. However, additional HTF funds may be committed to a project up to one year after project completion, but the amount of HTF funds in the project may not exceed the maximum per-unit development subsidy amount established pursuant to 93.300. When a grantee provides assistance to a homebuyer, the written agreement must include as a minimum: (i) Use of the HTF funds. Any drawdown of funds in the HTF Treasury account is conditioned upon the provision of satisfactory information by the grantee about the project and compliance with other procedures, as specified by HUD. For new commitments made after January 19, 2017 for a new construction housing project of a building with more than 4 rental units, the construction must include installation of broadband infrastructure, as this term is defined in 24 CFR 5.100, except where the participating jurisdiction determines and, in accordance with 92.508(a)(3)(iv), documents the determination that: (A) The location of the new construction makes installation of broadband infrastructure infeasible; or. The participating jurisdiction's standards must require the housing to meet the lead-based paint requirements at 24 CFR part 35. (2) If the grantee fails to demonstrate to HUD's satisfaction that it has met the requirement, HUD will take corrective or remedial action in accordance with this section or 93.453. (A) No draining, dredging, channelizing, filling, diking, impounding, or related grading activities are to be performed in wetlands. In advertising the project, the owner may advertise the project as offering services for a particular type of disability; however, the project must be open to all otherwise eligible persons with disabilities who may benefit from the services provided in the project. Floodplain Management and Protection of Wetlands; Minimum Property At minimum, the standards must provide that the housing meets all applicable State and local housing quality standards and code requirements and the housing does not contain the specific deficiencies proscribed by HUD based on the applicable inspectable items and inspected areas in HUD-prescribed physical inspection procedures (Uniform Physical Condition Standards) issued pursuant to 24 CFR 5.705. Rehabilitation may include improvements that are not required by regulation or statute that permit use by a person with disabilities. (vi) Broadband infrastructure. The agreement must specify the resale or recapture restrictions established under 93.304 for the specified time period. (a) If HUD finds after reasonable notice and opportunity for hearing that a grantee has substantially failed to comply with any provision of this part, and until HUD is satisfied that there is no longer any such failure to comply: (1) HUD shall reduce the funds in the grantee's HTF account by the amount of any expenditures that were not in accordance with the requirements of this part or require the grantee to repay to HUD any amount of the HTF grant that was not used in accordance with the requirements of this part; and. (2) Acquisition of vacant land or demolition must be undertaken only with respect to a particular housing project intended to provide affordable housing within the time frames established in the definition of commitment in 93.2. Tribally designated housing entity has the meaning given the term in section 4 of the Native American Housing Assistance and Self-Determination Act of 1997 (25 U.S.C.

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