24 C.F.R. § 886.101

Applicability

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(a) The policies and procedures of this subpart apply to Housing Assistance Payments under Section 8 of the United States Housing Act of 1937 on behalf of Eligible Families in Eligible Projects (see definitions in § 886.102).

(b) The primary goal of the Section 8 Loan Management Set-Aside Program is to reduce claims on the Department's insurance fund by aiding those FHA-insured or Secretary-Held projects with immediately or potentially serious financial difficulties. A first priority should be given to projects with presently serious financial problems, which are likely to result in a claim on the insurance fund in the near future. To the extent resources remain available, assistance also may be provided to projects with potentially serious financial problems which, on the basis of financial and/or management analysis, appear to have a high probability of producing a claim on the insurance fund within approximately the next five years.

[42 FR 5603, Jan. 28, 1977, as amended at 53 FR 3368, Feb. 5, 1988]

Notes of Decisions

Cited in 4 cases, 1981–1995 · leading case: Jefferson Garden Assocs. v. Greene, 520 A.2d 173 (Conn. 1987).

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Jefferson Garden Assocs. v. Greene, 520 A.2d 173 (Conn. 1987). · cites it 2× “4 [a]) and a section 8 eviction notice that complies with the requirements of 24 C.F.R. §§ 886.101 and 886.128. 6 The 1978 lease *134 stipulated, in article 4 (b), that the landlord’s right to terminate would be governed by 24 C.”

Multi-Fam. Mgmt., Inc. v. Hancock, 664 A.2d 1210 (D.C. 1995). · cites it 2× “See 24 C.F.R. § 886.101 (1994). In this case, the tenant's lease with the landlord required the tenant to pay from $151 to $168 per month as his rent.”

Walker v. Pierce, 665 F. Supp. 831 (N.D. Cal. 1987). “See 24 C.F.R. § 886.101 (a). 3 After the mortgage sales, the existing HAP contracts will remain in effect, see Bourne Decl.”

Wiggins v. United States Dep't of Hous. & Urban Dev., 523 F. Supp. 1170 (D. Maryland 1981). “See 24 C.F.R. § 886.101 (b). 17 . See Handbook, supra, at 16.”

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