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CHAPTER 330 Much of the information in this Chapter isdrawn from Brian Galle, "Preserving Federally-Assisted Housing at the State and Local Level: ALegislative Tool Kit," Housing Law Bulletin,National Housing Law Project (October, 1999),with selective updates. Available atwww.nhlp.org and also atwww.liscnet.org/resources/housing_preserv.31 For a discussion of exit taxes, see Chapter 4,"Researching the Property: Towards aPreservation Strategy."32 See the California Department of Housing andCommunity Development's website athttp://www.hcd.ca.gov/hpd/hrc/tech/presrv forthe text of the law and related materials.33 See National Housing Law Project,"Challenging Conversions of Federally-AssistedHousing" and "Challenging Conversions ofFederally-Assisted Housing in California," availablefrom NHLP at www.nhlp.org.34 For a discussion of the proposed federalmatching grant program, see Chapter 1,"Subsidized Housing Preservation: An HistoricalPerspective."35 Information in this section was provided byAnn M. Norton, attorney with the MinnesotaPreservation Project.36 For copies of the Minnesota statute, seewww.mhponline.org. Click on "AffordableHousing" link. Click on "Preservation." Click on"State laws."37 For the pleadings of this case and relatedlegal documents, see www.mhponline.org. Clickon "affordable housing" link. Click on "preservation."Click on "Hopkins Village."39 For a discussion of Mark-Up-to-Market eligibilityrequirements and the impact of low- andmoderate-income use restrictions, see Chapter2, "Federal Preservation Tools."40 For a discussion of the Wellstone Noticerequirements, see Chapter 1, "Introduction toPreservation: An Historical Perspective."41 For a discussion of the CRP incentive, seeChapter 2, "Federal Preservation Tools."CHAPTER 442 For related resources, see Florida HousingCoalition, "FHC Risk Assessment" (undated),and National Housing Trust, "ConsiderationsWhen Evaluating the Preservation/Developmentof Affordable Housing" (November 2000); availableat www.liscnet.org/resources/housing_preserv.43 The Rental Assistance Program (RAP), authorizedby Section 236, predates Section 8 but providesproject-based rental assistance on similarterms.44 See Chapter 1 for a description of the ELIHPAand LIHPRHA programs.45 For a discussion of local use restrictions andMark-Up-to-Market, see Chapter 2, "FederalPreservation Tools."46 An UPREIT is an Umbrella Partnership RealEstate Investment Trust. Under federal tax law,an owner can exchange ownership interests forinterests in the UPREIT without triggering animmediate capital gain.38 Pursuant to Section 250(a) of the NationalHousing Act, HUD may consent to a prepayment(where HUD's consent is required) only wherethere is no longer a need for lower income rentalhousing in the area.68 Endnotes