[Code of Federal Regulations] [Title 24, Volume 4] [Revised as of April 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 24CFR983.51] [Page 646-648] TITLE 24--HOUSING AND URBAN DEVELOPMENT CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PART 983--SECTION 8 PROJECT-BASED CERTIFICATE PROGRAM--Table of Contents Subpart B--Owner Application Submission to Agreement Sec. 983.51 HA unit selection policy, advertising, and owner application requirements. (a) General. The HA must adopt a written policy establishing competitive procedures for owner submission of applications and for HA selection of units to which assistance is to be attached and must submit the policy to the HUD field office for review and approval. The HA must select units in accordance with its approved selection policy. The HA's written selection policy must comply with the requirements of paragraph (b) of this section. (b) Advertising requirements. The HA must advertise in a newspaper of general circulation that the HA will accept applications for assistance under this part 983 for specific projects. The advertisement must be approved by the HUD field office and may not be published until after the later of HUD authorization to implement a project-based program or ACC execution. The [[Page 647]] advertisement must: be published once a week for three consecutive weeks; specify an application deadline of at least 30 days after the date the advertisement is last published; specify the number of units the HA estimates it will be able to assist under the funding the HA is making available for this purpose; and state that only applications submitted in response to the advertisement will be considered. (c) Selection policy requirements. The HA's written selection policy must identify, and specify the weight to be given to, the factors the HA will use to rank and select applications. These factors must include consideration of: site; design; previous experience of the owner and other participants in development, marketing, and management; and feasibility of the project as a whole (including likelihood of financing and marketability). The HA may add other factors, such as responsiveness to local objectives specified by the HA. (d) Owner application. The owner's application submitted to the HA must contain the following: (1) A description of the housing to be constructed or rehabilitated, including the number of units by size (square footage), bedroom count, bathroom count, sketches of the proposed new construction or rehabilitation, unit plans, listing of amenities and services, and estimated date of completion. For rehabilitation, the description must describe the property as is, and must also describe the proposed rehabilitation; (2) Evidence of site control, and for new construction identification and description of the proposed site, site plan and neighborhood; (3) Evidence that the proposed new construction or rehabilitation is permitted by current zoning ordinances or regulations or evidence to indicate that the needed rezoning is likely and will not delay the project; (4) The proposed contract rent per unit, including an indication of which utilities, services, and equipment are included in the rent and which are not included. For those utilities that are not included in the rent, an estimate of the average monthly cost for each unit type for the first year of occupancy; (5) A statement identifying: (i) The number of persons (families, individuals, businesses and nonprofit organizations) occupying the property on the date of the submission of the application; (ii) The number of persons to be displaced, temporarily relocated or moved permanently within the building or complex; (iii) The estimated cost of relocation payments and services, and the sources of funding; and (iv) The organization(s) that will carry out the relocation activities; (v) The identity of the owner and other project principals and the names of officers and principal members, shareholders, investors, and other parties having a substantial interest; certification showing that the above-mentioned parties are not on the U.S. General Services Administration list of parties excluded from Federal procurement and nonprocurement programs; a disclosure of any possible conflict of interest by any of these parties that would be a violation of the Agreement or the HAP contract; and information on the qualifications and experience of the principal participants. Information concerning any participant who is not known at the time of the owner's submission must be provided to the HA as soon as the participant is known; (vi) The owner's plan for managing and maintaining the units; (vii) Evidence of financing or lender interest and the proposed terms of financing; (viii) The proposed term of the HAP contract; and (ix) Such other information as the HA believes necessary. (e) Resident management corporation competitive selection exception. An HA may select units to which assistance is to be attached, without advertising under paragraph (b) of this section and without applying the selection factors otherwise required by paragraph (c) of this section, if attachment of project-based assistance would further the purposes of the sale of a public housing [[Page 648]] project to a resident management corporation under section 21 of the U.S. Housing Act of 1937 (42 U.S.C. 1437s). (Approved by the Office of Management and Budget under control number 2577-0169) [60 FR 34717, July 3, 1995, as amended at 60 FR 45661, Sept. 1, 1995; 63 FR 23871, Apr. 30, 1998]