§907.3. Bases for substantial default. — Inbound Citations
24 C.F.R. § 907.3
Statutory Authority
Cited by 1 regulation in release Current.
Citations to §907.3(b)(3)
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(1) In the case of a troubled performer PHA with 1,250 or more units, declare substantial default in accordance with § 907.3(b)(3) of this chapter and petition for the appointment of a receiver pursuant to section 6(j)(3)(A)(ii) of the Act (42 U.S.C. 1437d(j)(3)(A)(ii)); or