§402.6. What actions must an owner take to request section 8 contract renewal under this part?
24 C.F.R. § 402.6
In general. An owner requesting contract renewal under this part must submit to HUD or HUD's designee, at least 120 days before the termination or expiration date of any project-based assistance contract, all documents or information prescribed by HUD.
Subsequent renewals. A contract that was initially renewed under MAHRA will be renewed at the owner's request under any renewal option for which the project is eligible. However, in the case of a project that is eligible for a Restructuring Plan under § 401.100, HUD or a PAE will determine whether renewal with a Restructuring Plan under part 401, or without a Restructuring Plan under this part, is necessary.
Notes, amendments, and revision history
Amendments
[71 FR 2122, Jan. 12, 2006]
Authority
Authority: 42 U.S.C. 1437(c)(8), 1437f note, and 3535(d).
Source
Source: 63 FR 48953, Sept. 11, 1998, unless otherwise noted.
Amendments
[71 FR 2122, Jan. 12, 2006]