[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR886.304]



[Page 146-147]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

  CHAPTER VIII--OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL 

 

PART 886_SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM_SPECIAL ALLOCATIONS

--Table of Contents

 

 Subpart C_Section 8 Housing Assistance Program for the Disposition of 

                           HUD-Owned Projects

 

Sec.  886.304  Project eligibility criteria.



    (a) Selection of projects. HUD shall select projects for sale with 

assistance under this subpart on the basis of the final disposition 

programs developed and approved in accordance with part 290 and the 

requirements of this subpart. In the evaluation of projects, 

consideration shall be given to whether there are site occupants who 

would have to be displaced, whether the relocation of site occupants is 

feasible, and the degree of hardship which displacement might cause.

    (b) Projects needing rehabilitation. A project, which is sold 

subject to the condition that following sale the project will be 

rehabilitated by the owner so as to become decent, safe and sanitary, 

will be sold with an Agreement that Section 8 assistance will be 

provided after the repairs are completed by the owner and the project is 

inspected and accepted by HUD. In these projects, Section 8 payments may



[[Page 147]]



be made only for project units which are determined to be decent, safe 

and sanitary.

    (c) High-rise elevator projects. High-rise elevator projects for 

families with children will not be assisted under this subpart unless 

the final disposition program, prepared in accordance with 24 CFR part 

290 indicates that there is a need for assisted housing for families and 

there is no other practical alternative for providing the needed 

housing.



[44 FR 70365, Dec. 6, 1979, as amended at 58 FR 43722, Aug. 17, 1993]