HUD subsidizes the interest payments on mortgages for rental or cooperative
housing owned by private nonprofit or limited-profit landlords and rented
to low-income tenants.
Statute:
Section 236 of the National Housing Act, 12 U.S.C.A. § 1715z-1
Regulations:
24 C.F.R.:
§ 200.1001 Disclosure of Social Security numbers
§ 219 Flexible Subsidy
§ 236.1-236.1001 Basic regulations
§ 245 Rent increases, tenant participation and additional subsidies
§ 247 Evictions
§ 248 Mortgage prepayment
§ 290 Property disposition
Handbooks*:
4315.1 Property Disposition Handbook, REV-1 (2/17/71 through CHG-2,
3/29/94)
4350.1 Multifamily Asset Management and Project Servicing , REV-1 (9/92
through CHG-9, 1/23/96)
4350.2 Section 8 Additional Assistance, REV-1 (6/30/92 through CHG-1,
8/20/93)
4350.3 Occupancy Requirements for Subsidized Multifamily Programs, (11/2/81
through CHG-29, 4/28/98)
4355.1 Flexible Subsidy Handbook, REV-1 (5/29/92)
4510.1 Rental and Cooperative Housing for Low-Income Families, (6/4/73
through CHG-7, 7/11/79)
4550.1 Basic Cooperative Housing Insurance Handbook, (6/21/77)
HUD Handbooks are available at: http://www.hudclips.org/sub_nonhud/cgi/hudclips.cgi
.