Hud handbook 4350.1 chapter 13

procedures and the direction of local health officials. Stakeholders should reference Chapter 38 of Handbook 4350.1, Multifamily Asset Management and Project Servicing, which covers Multifamily emergency and disaster guidance. (Added on 3/12/20) Q2: Is HUD planning to update their Chapter 38 on emergency preparedness to include This may be required of the buyer in a TPA (Chapter 13) or of the owner when funds are pledged as part of a Workout agreement (Chapter 11). 28-5. Escrow of a deed to the property. This is a tool which is used in rare instances in relation to TPAs and Workouts. The term of this requirement is for 18 months from FEMA's publication of the PDD declaration, unless extended by Congress. For reference, see the displaced preference in Handbook 4350.1, Chapter 38, Section 38-27, Priority for Temporary and Permanent Rental Housing. Resources / Links Shared on the Call HUD will also continue to consider approving requests for releases from the Residual Receipts account in accordance with HUD Handbook 4350.1, Chapter 25, "Residual Receipts". If you have any questions, concerns, or would like additional information on the aforementioned, please contact your HW&Co. Principal. • Use of residual receipts (HUD Handbook 4350.1, Chapter 25 and HUD Notice H-2016-08) • FSS Program Coordinator(s) salary(ies) & benefits • May advance up to 6 months of expenses • Form HUD-9250 must be submitted with Action Plan. 10/30/2020 3:25:13 PM Handbook 4350.1 10 Current Date: 07/09/2017 1 The Department will escrow for and make payment of all real estate taxes and any other charges 2 periodically levied by local taxing authorities having jurisdiction over the property, the non-payment of 3 which would represent a lien superior to the mortgage held by the Secretary. This Section will outline the three types of assets which might be transferred to the HUD formerly coinsured portfolio and the responsibilities of each level of HUD and the contractor for their management. The three types of assets are: Acquired Properties, Current Loans, and Loans in Default. This mechanism allows HUD to recognize debt that is placed on a project after it is sold at a foreclosure sale or sold by the Department from HUD-owned inventory. These instructions provide a mechanism for determining a project's cash flow needs which include after sale debt. 34-2. Itemization for Line 13; Special Claims for Regular Vacancies - HUD Form 52671-C; Special Claims for Debt Services - HUD Form 52671-D; TRACS (Tenant Rental Assistance Certification System) Website Owners Certification (Refer to Appendix 3 of HUD Handbook 4350.1 Chapter 7) Reserve Deposit (Refer to Appendix 6 of HUD Handbook 4350.1 Chapter 7 13. HUD Conversion Process . 14. 14. STEP 1. Consult with PHA/Initial Submission of Interest to HUD. STEP 2. Resident . Consultation. STEP 3. Continuum of Care (CoC) Guidance on requirements outlined in HUD Handbook 4350.1 Chapter 6. PBRA Inspections and Reviews. 25. HUD Multifamily Northwest Region Asset Management Org Chart. 26. Chapter 6.03 Interest Rate Reduction Handbook 4350.1 i Current Date: 06/06/2017 Multifamily Housing Policy Handbook TABLE OF CONTENTS 12 request to be reviewed by the local HUD Office of General Counsel (OGC) 13 regional center and/or satellite office counsel: 14 h) a CNA, if the project's final endorsement was more than 10 years from Chapter 4.11 Releases and Satisfactions Handbook 4350.1 1 Current Date: 10/24/1