Up-Front Grants and Loans in the Disposition of Multifamily Projects
HUD · hud-other · Published 1999-12-27 · 64 FR 72410
Document
Document number
99-33360
Federal Register citation
64 FR 72410
CFR reference
24 CFR 290
Type
Rule
Action
Final rule.
Category
hud-other
Agency
US Department of Housing and Urban Development
Publication date
1999-12-27
Docket
Docket No. FR-4310-F-02
Abstract
The purpose of this rule is to establish generally applicable requirements to govern the use of up-front grants and loans in the disposition of HUD-owned multifamily properties by defining the projects, sales, and purchasers eligible for up-front grants and loans, and setting both a maximum per-unit and overall cap for up-front grant amounts.