RAD PIH Notice 2012-32 (.pdf, 1 MB) - National Low Income ...

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Appendix I – 24 CFR Part 880 Regulation, Stricken for PBRA ConversionsContract Administrator. The entity which enters into the Contract with the owner and isresponsible for monitoring performance by the owner. The contract administrator is a PHA in thecase of private-owner/PHA projects, and HUD in private-owner/HUD and PHA-owner/HUDprojects.Contract rent. The total amount of rent specified in the contract as payable to the owner for aunit.Decent, safe, and sanitary. Housing is decent, safe, and sanitary if it meets the physical conditionrequirements in 24 CFR part 5, subpart G.Drug-related criminal activity. The illegal manufacture, sale, distribution, use or possession withthe intent to manufacture, sell, distribute, or use, of a controlled substance as defined in section102 of the Controlled Substances Act, 21 U.S.C. 802.Elderly family. As defined in part 5 of this title.Fair Market Rent (FMR). As defined in part 5 of this title.Family. As defined in part 5 of this title.Final proposal. The detailed description of a proposed project to be assisted under this part,which an owner submits after selection of the preliminary proposal, except where a preliminaryproposal is not required under §880.303(c). (The final proposal becomes an exhibit to theAgreement and is the standard by which HUD judges acceptable construction of the project.)Housing assistance payment. The payment made by the contract administrator to the owner of anassisted unit as provided in the contract. Where the unit is leased to an eligible family, thepayment is the difference between the contract rent and the tenant rent. An additional payment ismade to the family when the utility allowance is greater than the total tenant payment. A housingassistance payment, known as a ―vacancy payment‖. may be made to the owner when an assistedunit is vacant, in accordance with the terms of the contract.HUD. Department of Housing and Urban Development.Independent Public Accountant. A Certified Public Accountant or a licensed or registered publicaccountant, having no business relationship with the owner except for the performance of audit,systems work and tax preparation. If not certified, the Independent Public Accountant must havebeen licensed or registered by a regulatory authority of a State or other political subdivision ofthe United States on or before December 31, 1970. In States that do not regulate the use of thetitle ―public accountant,‖ only Certified Public Accountants may be used.Low income family. As defined in part 5 of this title.NOFA. As defined in part 5 of this title.PIH-2012-32 (HA) Rental Assistance Demonstration – Final Implementation 150
Appendix I – 24 CFR Part 880 Regulation, Stricken for PBRA ConversionsOwner. Any private person or entity (including a cooperative) or a public entity which qualifiesas a PHA, having the legal right to lease or sublease newly constructed dwelling units assistedunder this part. The term owner also includes the person or entity submitting a proposal underthis part.Partially-assisted Project. A project for non-elderly families under this part which includes morethan 50 units of which 20 percent or fewer are assisted.PHA-Owner/HUD Project. A project under this part which is owned by a PHA. For this type ofproject, the Agreement and the Contract are entered into by the PHA, as owner, and HUD, ascontract administrator.Private-Owner/HUD Project. A project under this part which is owned by a private owner. Forthis type of project, the Agreement and Contract are entered into by the private owner, as owner,and HUD, as contract administrator.Private-Owner/PHA Project. A project under this part which is owned by a private owner. Forthis type of project, the Agreement and Contract are entered into by the private owner, as owner,and the PHA, as contract administrator, pursuant to an ACC between the PHA and HUD. Theterm also covers the situation where the ACC is with one PHA and the owner is another PHA.Project Account. A specifically identified and segregated account for each project which isestablished in accordance with §880.503(b) out of the amounts by which the maximum annualcommitment exceeds the amount actually paid out under the Contract or ACC, as applicable,each year.Public Housing Agency (PHA). As defined in part 5 of this title.Rent. In the case of an assisted unit in a cooperative project, rent means the carrying chargespayable to the cooperative with respect to occupancy of the unit.Replacement cost. The estimated construction cost of the project when the proposedimprovements are completed. The replacement cost may include the land, the physicalimprovements, utilities within the boundaries of the land, architect's fees, and miscellaneouscharges incident to construction as approved by the Assistant Secretary.Secretary. The Secretary of Housing and Urban Development (or designee).Small Project. A project for non-elderly families under this part which includes a total of 50 orfewer (assisted and unassisted) units.Tenant rent. As defined in part 5 of this title.Total tenant payment. As defined in part 5 of this title.PIH-2012-32 (HA) Rental Assistance Demonstration – Final Implementation 151
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Program InstructionsPIH-2012-32 (HA
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DefinitionsOwnership or Control. Ap
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Attachment 1A - Conversion Document
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Attachment 1B - Resident Provisions
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Attachment 1C - Calculation of HAP
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Attachment 1C - Calculation of HAP
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Section II: Moderate Rehabilitation
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Page 145 and 146: Appendix I - 24 CFR Part 880 Regula
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