24 C.F.R. § 983.152

Current through September 30, 2024
Section 983.152 - Nature of development activity
(a)Purpose of development activity. An owner may undertake development activity, as defined at § 983.3 , for the purpose of:
(1) Placing a newly constructed or rehabilitated project under a HAP contract; or
(2) For a rehabilitated project that will undergo development activity after HAP contract execution, completing the requirements of the rider in accordance with § 983.157 .
(b)Development requirements. Development activity must comply with the requirements of §§ 983.153 through 983.157 .

24 C.F.R. §983.152

70 FR 59913, Oct. 13, 2005, as amended at 79 FR 36167, June 25, 2014
89 FR 38318, 6/6/2024