Notice of HUD-Held Multifamily and Healthcare Loan Sale (MHLS 2022-1), 53672-53674 [2021-21054]

Download as PDF 53672 Federal Register / Vol. 86, No. 185 / Tuesday, September 28, 2021 / Notices Community Community map repository address Miami-Dade County, Florida and Incorporated Areas Project: 15–04–4157S Preliminary Date: February 25, 2021 City of Aventura ........................................................................................ City of Coral Gables ................................................................................. City City City City City of of of of of Doral .............................................................................................. Florida City .................................................................................... Hialeah .......................................................................................... Hialeah Gardens ........................................................................... Homestead .................................................................................... City of Miami ............................................................................................. City of Miami Beach ................................................................................. City of Miami Gardens .............................................................................. City of Miami Springs ............................................................................... City of North Bay Village .......................................................................... City of North Miami ................................................................................... City of North Miami Beach ....................................................................... City of Opa-Locka ..................................................................................... City of South Miami .................................................................................. City of Sunny Isles Beach ........................................................................ City of Sweetwater ................................................................................... City of West Miami ................................................................................... Town of Bay Harbor Islands ..................................................................... Town of Cutler Bay ................................................................................... Town of Golden Beach ............................................................................. Town of Medley ........................................................................................ Town of Miami Lakes ............................................................................... Town of Surfside ...................................................................................... Unincorporated Areas of Miami-Dade County ......................................... Village Village Village Village Village of of of of of Bal Harbour Village .................................................................. Biscayne Park .......................................................................... El Portal .................................................................................... Indian Creek Village ................................................................. Key Biscayne ............................................................................ Village of Miami Shores Village ............................................................... Village of Palmetto Bay ............................................................................ Village of Pinecrest ................................................................................... Village of Virginia Gardens ....................................................................... [FR Doc. 2021–20981 Filed 9–27–21; 8:45 am] BILLING CODE 9110–12–P Community Development Department, 19200 West Country Club Drive, Aventura, FL 33180. City Hall—Building Division, 405 Biltmore Way, 3rd Floor, Coral Gables, FL 33134. Building Department, 8401 Northwest 53rd Terrace, Doral, FL 33166. Building Department, 404 West Palm Drive, Florida City, FL 33034. Building Department, 501 Palm Avenue, Hialeah, FL 33010. City Hall, 10001 Northwest 87th Avenue, Hialeah Gardens, FL 33016. City Hall—Building and Safety Division, 100 Civic Court, Homestead, FL 33030. Planning and Zoning Building Department, 444 Southwest 2nd Avenue, 4th Floor, Miami, FL 33130. Building Department, 1700 Convention Center Drive, Miami Beach, FL 33139. Building Department, 18605 Northwest 27th Avenue, Miami Gardens, FL 33056. Building Department, 201 Westward Drive, Miami Springs, FL 33166. City Hall—Building Department, 1666 79th Street Causeway, 3rd Floor, North Bay Village, FL 33141. Public Works Department, 776 Northeast 125th Street, 3rd Floor, North Miami, FL 33161. Building, Planning, and Zoning Department, 17050 Northeast 19th Avenue, 1st Floor, North Miami Beach, FL 33162. Building Department, 780 Fisherman Street, 4th Floor, Opa-Locka, FL 33054. Planning and Zoning Department, 6130 Sunset Drive, South Miami, FL 33143. Building Department, 3rd Floor, 18070 Collins Avenue, Sunny Isles Beach, FL 33160. Engineering Division, 1701 Northwest 112th Avenue, Unit 103, Sweetwater, FL 33172. Public Works Department, 901 Southwest 62nd Avenue, West Miami, FL 33144. Building Department, 9665 Bay Harbor Terrace, Bay Harbor Islands, FL 33154. Public Works Department, 10720 Caribbean Boulevard, Suite 105, Cutler Bay, FL 33189. Building Department, 1 Golden Beach Drive, Golden Beach, FL 33160. Town Hall, 7777 Northwest 72nd Avenue, Medley, FL 33166. Town Hall, 6601 Main Street, Miami Lakes, FL 33014. Building Department, 9293 Harding Avenue, Surfside, FL 33154. Miami-Dade County Water Management Division, 701 Northwest 1st Court, 5th Floor, Miami, FL 33136. Building Department, 655 96th Street, Bal Harbour Village, FL 33154. Village Hall, 600 Northeast 114th Street, Biscayne Park, FL 33161. Village Hall, 500 Northeast 87th Street, El Portal, FL 33138. Village Hall, 9080 Bay Drive, Indian Creek Village, FL 33154. Building Department, 88 West McIntyre Street, Key Biscayne, FL 33149. Village Hall—Planning and Zoning Department, 10050 Northeast 2nd Avenue, Miami Shores Village, FL 33138. Building Department, 9705 East Hibiscus Street, Palmetto Bay, FL 33157. Building and Planning Department, 12645 Pinecrest Parkway, Pinecrest, FL 33156. Village Hall, 6498 Northwest 38th Terrace, Virginia Gardens, FL 33166. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [FR–6264–N–01] Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. AGENCY: 16:35 Sep 27, 2021 Jkt 253001 PO 00000 Frm 00045 Fmt 4703 This notice announces HUD’s intention to sell three unsubsidized multifamily and six unsubsidized healthcare mortgage loans, without Federal Housing Administration (FHA) insurance, in a competitive, sealed bid sale on or about October 20th, 2021 SUMMARY: Notice of HUD-Held Multifamily and Healthcare Loan Sale (MHLS 2022–1) VerDate Sep<11>2014 Notice of sale of three multifamily and six healthcare mortgage loans. ACTION: Sfmt 4703 E:\FR\FM\28SEN1.SGM 28SEN1 Federal Register / Vol. 86, No. 185 / Tuesday, September 28, 2021 / Notices (MHLS 2022–1or Loan Sale). This notice also describes generally the bidding process for the sale and certain persons who are ineligible to bid. DATES: A Bidder’s Information Package (BIP) will be made available on or about September 22, 2021. Bids for the loans must be submitted on the bid date, which is currently scheduled for October 20th, 2021, between certain specified hours. HUD anticipates that an award or awards will be made on or before October 26, 2021. Closing is expected to take place Wednesday November 3, 2021. ADDRESSES: To become a qualified bidder and receive the BIP, prospective bidders must complete, execute, and submit a Confidentiality Agreement and a Qualification Statement acceptable to HUD. Both documents will be available on the HUD website at www.hud.gov/ fhaloansales. Please fax or email as well as mail executed original documents to JS Watkins Realty Partners, LLC: JS Watkins Realty Partners, LLC, c/o The Debt Exchange, 133 Federal Street, 10th Floor, Boston, MA 02111, Attention: MHLS 2022–1 Sale Coordinator, Fax: 1–978–967–8607, Email: mhls2022-1@ debtx.com. FOR FURTHER INFORMATION CONTACT: John Lucey, Director, Asset Sales, U.S. Department of Housing and Urban Development at john.w.lucey@hud.gov, or at telephone number 202–708–2625 (this is not a toll-free number). Persons with hearing or speech challenges may access this number through TTY by calling the toll-free Federal Relay Service at 800–877–8339. SUPPLEMENTARY INFORMATION: HUD announces its intention to sell, in MHLS 2022–1, eleven (11) unsubsidized mortgage loans (Mortgage Loans), consisting of six (6) first lien healthcare notes secured by assisted living facilities located in various locations within Ohio, Arizona, Illinois, South Carolina, Indiana, and Pennsylvania, one first lien multifamily note secured by a multifamily property located in South Carolina, one first lien multifamily note secured by a multifamily property located in Alaska, and one multifamily first lien note with second and third lien Mark-to-Market notes secured by a property located in Georgia. The Mortgage Loans are nonperforming mortgage loans. The listing of the Mortgage Loans is included in the BIP. The Mortgage Loans will be sold without FHA insurance and with HUD servicing released. HUD will offer qualified bidders an opportunity to bid competitively on the Mortgage Loans. Qualified bidders may submit bids on one or more of the Mortgage Loans. VerDate Sep<11>2014 16:35 Sep 27, 2021 Jkt 253001 The Mortgage Loans will be stratified for bidding purposes into mortgage loan pools as appropriate. Each pool will contain Mortgage Loans that generally have similar performance, property type, geographic location, lien position and other characteristics. Qualified bidders may submit bids on one or more pools of Mortgage Loans or may bid on individual loans. Bidder eligibility criteria is set forth in the Qualification Statement. As detailed in the Qualification Statement, certain entities/individuals may be precluded from bidding depending on their prior involvement with the loan(s). The Bidding Process The BIP describes in detail the procedure for bidding in MHLS 2022–1. The BIP also includes a standardized non-negotiable loan sale agreement (Loan Sale Agreement). As part of its bid, each bidder must submit a minimum deposit of the greater of One Hundred Thousand Dollars ($100,000) or ten percent (10%) of the aggregate bid prices for all of such bidder’s bids. In the event the bidder’s aggregate bid is less than One Hundred Thousand Dollars ($100,000), the minimum deposit shall be not less than fifty percent (50%) of the bidder’s aggregate bid. HUD will evaluate the bids submitted and determine the successful bid(s) in its sole and absolute discretion. If a bidder is successful, the bidder’s deposit will be non-refundable and will be applied toward the purchase price, with any amount beyond the purchase price being returned to the bidder. Deposits will be returned to unsuccessful bidders after notification to sucessful bidders. Closings are expected to take place on November 3, 2021. The Loan Sale Agreement, which is included in the BIP, contains additional terms and details. To ensure a competitive auction, the terms of the bidding process and the Loan Sale Agreement are not subject to negotiation. Due Diligence Review The BIP describes the due diligence process for reviewing loan files in MHLS 2022–1. Qualified bidders will be able to access loan information remotely via a high-speed internet connection. Further information on performing due diligence review of the Mortgage Loans is provided in the BIP. Mortgage Loan Sale Policy HUD reserves the right to add Mortgage Loans to or delete Mortgage Loans from MHLS 2022–1 at any time prior to the award date. HUD also PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 53673 reserves the right to reject any and all bids, in whole or in part, without prejudice to HUD’s right to include the Mortgage Loans in a later sale. The Mortgage Loans will not be withdrawn after the award date except as is specifically provided for in the Loan Sale Agreement. This is a sale of unsubsidized mortgage loans, pursuant to Section 204(a) of the Departments of Veterans Affairs and Housing and Urban Development, and Independent Agencies Appropriations Act of 1997 (12 U.S.C. 1715z–11a(a)). Mortgage Loan Sale Procedure HUD selected a competitive auction as the method to sell the Mortgage Loans. This method of sale optimizes HUD’s return on the sale of these Mortgage Loans, affords the greatest opportunity for all qualified bidders to bid on the Mortgage Loans, and provides the most efficient vehicle for HUD to dispose of the Mortgage Loans. Bidder Eligibility In order to bid in the sale, a prospective bidder must complete, execute and submit both a Confidentiality Agreement and a Qualification Statement acceptable to HUD. The following individuals and entities are among those INELIGIBLE to bid on the Mortgage Loans being sold in MHLS 2022–1: 1. A mortgagor or healthcare operator, including its principals, affiliates, family members, and assigns, with respect to one or more of the Mortgage Loans being offered in the Loan Sale, or an Active Shareholder (as such term is defined in the Qualification Statement); 2. With respect to any other HUD multifamily and/or healthcare mortgage loan not offered in the Loan Sale, any mortgagor or healthcare operator, incuding any Related Party (as such term is defined in the Qualification Statement) of either, that has failed to file financial statements or is otherwise in default under such mortgage loan or is in violation or noncompliance of any regulatory or business agreements with HUD and that fails to cure such default or violation by no later than October 1, 2021; 3. Any individual or entity that is debarred, suspended, or excluded from doing business with HUD pursuant to Title 2 of the Code of Federal Regulations, part 2424; 4. Any contractor, subcontractor and/ or consultant or advisor (including any agent, employee, partner, director, principal or affiliate of any of the foregoing) who performed services for, E:\FR\FM\28SEN1.SGM 28SEN1 53674 Federal Register / Vol. 86, No. 185 / Tuesday, September 28, 2021 / Notices or on behalf of, HUD in connection with MHLS 2022–1; 5. Any employee of HUD, a member of such employee’s family, or an entity owned or controlled by any such employee or member of such an employee’s family; 6. Any individual or entity that uses the services, directly or indirectly, of any person or entity ineligible under provisions (3) through (5) above to assist in preparing its bid on any Mortgage Loan; 7. An FHA-approved mortgagee, including any principals, affiliates, or assigns thereof, that has received FHA insurance benefits for one or more of the Mortgage Loans being offered in the Loan Sale; 8. An FHA-approved mortgagee and/ or loan servicer, including any principals, affiliates, or assigns thereof, that originated one or more of the Mortgage Loans being offered in the Loan Sale if the Mortgage Loan defaulted within two years of origination and resulted in the payment of an FHA insurance claim; 9. Any affiliate, principal or employee of any person or entity that, within the two-year period prior to October 1, 2021, serviced any Mortgage Loan or performed other services for or on behalf of HUD in regards to any Mortgage Loan; 10. Any contractor or subcontractor working for or on behalf of HUD that had access to information concerning any Mortgage Loan or provided services to any person or entity which, within the two-year period prior to October 1, 2021, had access to information with respect to any Mortgage Loan; and/or 11. Any employee, officer, director or any other person that provides or will provide services to the prospective bidder with respect to the Mortgage Loans during any warranty period established for the Loan Sale, that serviced the Mortgage Loans or performed other services for or on behalf of HUD or within the two-year period prior to October 1, 2021, provided services to any person or entity which serviced, performed services or otherwise had access to information with respect to any Mortgage Loan for or on behalf of HUD. Other entities/individuals not described herein may also be restricted from bidding on the Mortgage Loans, as fully detailed in the Qualification Statement. The Qualification Statement provides further details pertaining to eligibility requirements. Prospective bidders should carefully review the Qualification Statement to determine whether they are eligible to submit bids VerDate Sep<11>2014 16:35 Sep 27, 2021 Jkt 253001 on the Mortgage Loans in MHLS 2022– 1. Freedom of Information Act Requests HUD reserves the right, in its sole and absolute discretion, to disclose information regarding MHLS 2022–1, including, but not limited to, the identity of any successful bidder and its bid price or bid percentage for the Mortgage Loans, upon the closing of the sale of the Mortgage Loans. Even if HUD elects not to publicly disclose any information relating to MHLS 2022–1, HUD may be required to disclose information relating to MHLS 2022–1 pursuant to the Freedom of Information Act and all regulations promulgated thereunder. Scope of Notice This notice applies to MHLS 2022–1 and does not establish HUD’s policy for the sale of other mortgage loans. Lopa Kolluri, Principal Deputy, Assistant Secretary for Housing. [FR Doc. 2021–21054 Filed 9–27–21; 8:45 am] BILLING CODE 4210–67–P INTERNATIONAL TRADE COMMISSION [Investigation No. 337–TA–1204] Certain Chemical Mechanical Planarization Slurries and Components Thereof; Commission Determination To Review in Part a Final Initial Determination Finding a Violation of Section 337; Request for Written Submissions on the Issues Under Review and on Remedy, the Public Interest, and Bonding U.S. International Trade Commission. ACTION: Notice. AGENCY: Notice is hereby given that the U.S. International Trade Commission has determined to review in part the Administrative Law Judge’s (‘‘ALJ’’) final initial determination (‘‘ID’’) issued on July 8, 2021, finding a violation of section 337 in the abovereferenced investigation. The Commission requests briefing from the parties on certain issues under review, as indicated in this notice, and submissions from the parties, interested government agencies, and interested persons on the issues of remedy, the public interest, and bonding as indicated in this notice under the schedule set forth below. FOR FURTHER INFORMATION CONTACT: Panyin A. Hughes, Office of the General SUMMARY: PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 Counsel, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436, telephone (202) 205–3042. Copies of non-confidential documents filed in connection with this investigation may be viewed on the Commission’s electronic docket (EDIS) at https://edis.usitc.gov. For help accessing EDIS, please email EDIS3Help@usitc.gov. General information concerning the Commission may also be obtained by accessing its internet server at https://www.usitc.gov. Hearing-impaired persons are advised that information on this matter can be obtained by contacting the Commission’s TDD terminal on (202) 205–1810. SUPPLEMENTARY INFORMATION: On July 7, 2020, the Commission instituted this investigation under section 337 of the Tariff Act of 1930, as amended, 19 U.S.C. 1337 (‘‘section 337’’), based on a complaint filed by Cabot Microelectronics Corporation (‘‘CMC’’) of Aurora, Illinois. 85 FR 40685–86 (July 7, 2020). The complaint, as supplemented, alleges violations of section 337 in the importation into the United States, the sale for importation, or the sale within the United States after importation of certain chemical mechanical planarization (‘‘CMP’’) slurries and components thereof by reason of infringement of one or more of claims 1, 3–6, 10, 11, 13, 14, 18–20, 24, 26–29, 31, 35–37, and 39- 44 of U.S. Patent No. 9,499,721 (‘‘the ’721 patent’’). Id. at 40685. The Commission’s notice of investigation named as respondents DuPont de Nemours, Inc. of Wilmington, Delaware; Rohm and Haas Electronic Materials CMP, LLC of Newark, Delaware; Rohm and Haas Electronic Materials CMP Asia Inc. (d/ b/a Rohm and Haas Electronic Materials CMP Asia Inc., Taiwan Branch (U.S.A.)) of Taoyuan City, Taiwan; Rohm and Haas Electronic Materials Asia-Pacific Co., Ltd. of Miaoli, Taiwan; Rohm and Haas Electronic Materials K.K. of Tokyo, Japan; and Rohm and Haas Electronic Materials LLC of Marlborough, Massachusetts (collectively, ‘‘Respondents’’ or ‘‘DuPont’’). Id. at 40686. The Office of Unfair Import Investigations (‘‘OUII’’) is participating in this investigation. Id. On October 1, 2020, the ALJ issued an initial determination granting CMC’s unopposed motion to amend the complaint and notice of investigation to assert infringement of claims 17 and 46 of the ’721 patent. Order No. 7 (Oct. 1, 2020), unreviewed by Notice (Oct. 16, 2020). On November 10, 2020, the ALJ issued an initial determination granting E:\FR\FM\28SEN1.SGM 28SEN1

Agencies

[Federal Register Volume 86, Number 185 (Tuesday, September 28, 2021)]
[Notices]
[Pages 53672-53674]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-21054]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[FR-6264-N-01]


Notice of HUD-Held Multifamily and Healthcare Loan Sale (MHLS 
2022-1)

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, HUD.

ACTION: Notice of sale of three multifamily and six healthcare mortgage 
loans.

-----------------------------------------------------------------------

SUMMARY: This notice announces HUD's intention to sell three 
unsubsidized multifamily and six unsubsidized healthcare mortgage 
loans, without Federal Housing Administration (FHA) insurance, in a 
competitive, sealed bid sale on or about October 20th, 2021

[[Page 53673]]

(MHLS 2022-1or Loan Sale). This notice also describes generally the 
bidding process for the sale and certain persons who are ineligible to 
bid.

DATES: A Bidder's Information Package (BIP) will be made available on 
or about September 22, 2021. Bids for the loans must be submitted on 
the bid date, which is currently scheduled for October 20th, 2021, 
between certain specified hours. HUD anticipates that an award or 
awards will be made on or before October 26, 2021. Closing is expected 
to take place Wednesday November 3, 2021.

ADDRESSES: To become a qualified bidder and receive the BIP, 
prospective bidders must complete, execute, and submit a 
Confidentiality Agreement and a Qualification Statement acceptable to 
HUD. Both documents will be available on the HUD website at 
www.hud.gov/fhaloansales. Please fax or email as well as mail executed 
original documents to JS Watkins Realty Partners, LLC: JS Watkins 
Realty Partners, LLC, c/o The Debt Exchange, 133 Federal Street, 10th 
Floor, Boston, MA 02111, Attention: MHLS 2022-1 Sale Coordinator, Fax: 
1-978-967-8607, Email: [email protected].

FOR FURTHER INFORMATION CONTACT: John Lucey, Director, Asset Sales, 
U.S. Department of Housing and Urban Development at 
[email protected], or at telephone number 202-708-2625 (this is not 
a toll-free number). Persons with hearing or speech challenges may 
access this number through TTY by calling the toll-free Federal Relay 
Service at 800-877-8339.

SUPPLEMENTARY INFORMATION: HUD announces its intention to sell, in MHLS 
2022-1, eleven (11) unsubsidized mortgage loans (Mortgage Loans), 
consisting of six (6) first lien healthcare notes secured by assisted 
living facilities located in various locations within Ohio, Arizona, 
Illinois, South Carolina, Indiana, and Pennsylvania, one first lien 
multifamily note secured by a multifamily property located in South 
Carolina, one first lien multifamily note secured by a multifamily 
property located in Alaska, and one multifamily first lien note with 
second and third lien Mark-to-Market notes secured by a property 
located in Georgia. The Mortgage Loans are non-performing mortgage 
loans. The listing of the Mortgage Loans is included in the BIP. The 
Mortgage Loans will be sold without FHA insurance and with HUD 
servicing released. HUD will offer qualified bidders an opportunity to 
bid competitively on the Mortgage Loans. Qualified bidders may submit 
bids on one or more of the Mortgage Loans.
    The Mortgage Loans will be stratified for bidding purposes into 
mortgage loan pools as appropriate. Each pool will contain Mortgage 
Loans that generally have similar performance, property type, 
geographic location, lien position and other characteristics. Qualified 
bidders may submit bids on one or more pools of Mortgage Loans or may 
bid on individual loans.
    Bidder eligibility criteria is set forth in the Qualification 
Statement. As detailed in the Qualification Statement, certain 
entities/individuals may be precluded from bidding depending on their 
prior involvement with the loan(s).

The Bidding Process

    The BIP describes in detail the procedure for bidding in MHLS 2022-
1. The BIP also includes a standardized non-negotiable loan sale 
agreement (Loan Sale Agreement).
    As part of its bid, each bidder must submit a minimum deposit of 
the greater of One Hundred Thousand Dollars ($100,000) or ten percent 
(10%) of the aggregate bid prices for all of such bidder's bids. In the 
event the bidder's aggregate bid is less than One Hundred Thousand 
Dollars ($100,000), the minimum deposit shall be not less than fifty 
percent (50%) of the bidder's aggregate bid. HUD will evaluate the bids 
submitted and determine the successful bid(s) in its sole and absolute 
discretion. If a bidder is successful, the bidder's deposit will be 
non-refundable and will be applied toward the purchase price, with any 
amount beyond the purchase price being returned to the bidder. Deposits 
will be returned to unsuccessful bidders after notification to 
sucessful bidders. Closings are expected to take place on November 3, 
2021.
    The Loan Sale Agreement, which is included in the BIP, contains 
additional terms and details. To ensure a competitive auction, the 
terms of the bidding process and the Loan Sale Agreement are not 
subject to negotiation.

Due Diligence Review

    The BIP describes the due diligence process for reviewing loan 
files in MHLS 2022-1. Qualified bidders will be able to access loan 
information remotely via a high-speed internet connection. Further 
information on performing due diligence review of the Mortgage Loans is 
provided in the BIP.

Mortgage Loan Sale Policy

    HUD reserves the right to add Mortgage Loans to or delete Mortgage 
Loans from MHLS 2022-1 at any time prior to the award date. HUD also 
reserves the right to reject any and all bids, in whole or in part, 
without prejudice to HUD's right to include the Mortgage Loans in a 
later sale. The Mortgage Loans will not be withdrawn after the award 
date except as is specifically provided for in the Loan Sale Agreement.
    This is a sale of unsubsidized mortgage loans, pursuant to Section 
204(a) of the Departments of Veterans Affairs and Housing and Urban 
Development, and Independent Agencies Appropriations Act of 1997 (12 
U.S.C. 1715z-11a(a)).

Mortgage Loan Sale Procedure

    HUD selected a competitive auction as the method to sell the 
Mortgage Loans. This method of sale optimizes HUD's return on the sale 
of these Mortgage Loans, affords the greatest opportunity for all 
qualified bidders to bid on the Mortgage Loans, and provides the most 
efficient vehicle for HUD to dispose of the Mortgage Loans.

Bidder Eligibility

    In order to bid in the sale, a prospective bidder must complete, 
execute and submit both a Confidentiality Agreement and a Qualification 
Statement acceptable to HUD. The following individuals and entities are 
among those INELIGIBLE to bid on the Mortgage Loans being sold in MHLS 
2022-1:
    1. A mortgagor or healthcare operator, including its principals, 
affiliates, family members, and assigns, with respect to one or more of 
the Mortgage Loans being offered in the Loan Sale, or an Active 
Shareholder (as such term is defined in the Qualification Statement);
    2. With respect to any other HUD multifamily and/or healthcare 
mortgage loan not offered in the Loan Sale, any mortgagor or healthcare 
operator, incuding any Related Party (as such term is defined in the 
Qualification Statement) of either, that has failed to file financial 
statements or is otherwise in default under such mortgage loan or is in 
violation or noncompliance of any regulatory or business agreements 
with HUD and that fails to cure such default or violation by no later 
than October 1, 2021;
    3. Any individual or entity that is debarred, suspended, or 
excluded from doing business with HUD pursuant to Title 2 of the Code 
of Federal Regulations, part 2424;
    4. Any contractor, subcontractor and/or consultant or advisor 
(including any agent, employee, partner, director, principal or 
affiliate of any of the foregoing) who performed services for,

[[Page 53674]]

or on behalf of, HUD in connection with MHLS 2022-1;
    5. Any employee of HUD, a member of such employee's family, or an 
entity owned or controlled by any such employee or member of such an 
employee's family;
    6. Any individual or entity that uses the services, directly or 
indirectly, of any person or entity ineligible under provisions (3) 
through (5) above to assist in preparing its bid on any Mortgage Loan;
    7. An FHA-approved mortgagee, including any principals, affiliates, 
or assigns thereof, that has received FHA insurance benefits for one or 
more of the Mortgage Loans being offered in the Loan Sale;
    8. An FHA-approved mortgagee and/or loan servicer, including any 
principals, affiliates, or assigns thereof, that originated one or more 
of the Mortgage Loans being offered in the Loan Sale if the Mortgage 
Loan defaulted within two years of origination and resulted in the 
payment of an FHA insurance claim;
    9. Any affiliate, principal or employee of any person or entity 
that, within the two-year period prior to October 1, 2021, serviced any 
Mortgage Loan or performed other services for or on behalf of HUD in 
regards to any Mortgage Loan;
    10. Any contractor or subcontractor working for or on behalf of HUD 
that had access to information concerning any Mortgage Loan or provided 
services to any person or entity which, within the two-year period 
prior to October 1, 2021, had access to information with respect to any 
Mortgage Loan; and/or
    11. Any employee, officer, director or any other person that 
provides or will provide services to the prospective bidder with 
respect to the Mortgage Loans during any warranty period established 
for the Loan Sale, that serviced the Mortgage Loans or performed other 
services for or on behalf of HUD or within the two-year period prior to 
October 1, 2021, provided services to any person or entity which 
serviced, performed services or otherwise had access to information 
with respect to any Mortgage Loan for or on behalf of HUD.
    Other entities/individuals not described herein may also be 
restricted from bidding on the Mortgage Loans, as fully detailed in the 
Qualification Statement.
    The Qualification Statement provides further details pertaining to 
eligibility requirements. Prospective bidders should carefully review 
the Qualification Statement to determine whether they are eligible to 
submit bids on the Mortgage Loans in MHLS 2022-1.

Freedom of Information Act Requests

    HUD reserves the right, in its sole and absolute discretion, to 
disclose information regarding MHLS 2022-1, including, but not limited 
to, the identity of any successful bidder and its bid price or bid 
percentage for the Mortgage Loans, upon the closing of the sale of the 
Mortgage Loans. Even if HUD elects not to publicly disclose any 
information relating to MHLS 2022-1, HUD may be required to disclose 
information relating to MHLS 2022-1 pursuant to the Freedom of 
Information Act and all regulations promulgated thereunder.

Scope of Notice

    This notice applies to MHLS 2022-1 and does not establish HUD's 
policy for the sale of other mortgage loans.

Lopa Kolluri,
Principal Deputy, Assistant Secretary for Housing.
[FR Doc. 2021-21054 Filed 9-27-21; 8:45 am]
BILLING CODE 4210-67-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.