[Code of Federal Regulations]
[Title 24, Volume 2]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR247.10]

[Page 407]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
 CHAPTER II--OFFICE OF ASSISTANT SECRETARY FOR HOUSING--FEDERAL HOUSING 
        COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 247_EVICTIONS FROM CERTAIN SUBSIDIZED AND HUD-OWNED PROJECTS
--Table of Contents
 
                      Subpart B_HUD-Owned Projects
 
Sec. 247.10  Inapplicability to substantial rehabilitation or demolition; 
right of disposition unimpaired.

    This subpart shall not apply in any case in which HUD terminates the 
occupancy of a tenant as a direct result of a determination by HUD to 
substantially rehabilitate or demolish the project or to dispose of the 
project to a purchaser who purchases for the purpose of substantial 
rehabilitation or demolition. Nothing in this subpart should be 
construed to affect in any way the right of HUD to exercise its full 
statutory authority and discretion to dispose of property acquired 
pursuant to the National Housing Act.