---
kind: "section"
citation: "24 C.F.R. § 248.307"
title: "24"
number: "248.307"
heading: "Authority to process and approve notices of intent and plans of action."
url: "https://uscodex.org/cfr/24/248.307"
---

# §248.307. Authority to process and approve notices of intent and plans of action.

- (a) **Delegation of authority.** State agencies which regulate or otherwise supervise owners of projects with State assisted or subsidized mortgages shall have the authority, reserved to the Commissioner under subpart B of this part, to process and approve all notices of intent and plans of action submitted to the State agency or local housing authority under subpart D of this part. State agencies may redelegate such authority to local housing authorities at their discretion.
- (b) **Designation of processing agency.** The Executive Director of the State agency whose State assisted or subsidized mortgage program has been approved under [§ 248.303](/cfr/24/248.303.md) shall inform all owners of projects with State assisted or subsidized mortgages that the State agency or a designated local housing authority shall accept and process notices of intent and plans of action.

## Notes

### Source

Source: 57 FR 12060, Apr. 8, 1992, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 17151 note, 4101 note, and 4101-4124; 42 U.S.C. 3535(d).