Department of Housing and Urban Development December 11, 2009 – Federal Register Recent Federal Regulation Documents
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Public Housing Mortgage Program: Notice of Web Publication
Public housing a agencies (PHAs) are authorized, by statute, to mortgage their public housing real estate assets to secure financing to undertake development and rehabilitation of low-income housing with HUD approval. HUD has currently allowed PHAs to exercise this authority on a case-by-case basis. To streamline this process, HUD has posted on its Web site a proposed notice that proposes the terms and conditions by which PHAs may undertake such financing with HUD approval. HUD invites PHAs and interested members of the public to review this proposed notice and submit comments in accordance with the procedures provided in this Federal Register notice. HUD is seeking public comments on this proposed notice as it proceeds to formalize final guidance for the exercise of this financing authority.
Notice of Sale of HUD-Held Multifamily and Healthcare Loans
This notice announces HUD's intention to sell certain unsubsidized Healthcare and unsubsidized Multifamily mortgage loans, without Federal Housing Administration (FHA) insurance, through several different sales activities. This notice also generally describes the process for bidding on loans and defines certain persons who are eligible and ineligible to bid. The sales activities announced by today's Federal Register Notice include direct sales of Multifamily notes to units of local government, a competitive sale of Healthcare notes on December 16th and a competitive sale of Multifamily notes that will be scheduled for a later date.
Federal Property Suitable as Facilities To Assist the Homeless
This Notice identifies unutilized, underutilized, excess, and surplus Federal property reviewed by HUD for suitability for possible use to assist the homeless.
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