§970.35. Reports and records.
24 C.F.R. § 970.35
After HUD approval of demolition or disposition of all or part of a project, the PHA shall provide information on the following:
Actual completion of each demolition contract by entering the appropriate information into HUD's applicable data system, or providing the information by another method HUD may require, within a week of making the final payment to the demolition contractor, or expending the last remaining funds if funded by force account;
Execution of sales or lease contracts by entering the appropriate information into HUD's applicable data system, or providing the information by another method HUD may require, within a week of execution;
The PHA's use of the proceeds of sale by providing a financial statement showing how the funds were expended by item and dollar amount;
Amounts expended for closing costs and relocation expenses, by providing a financial statement showing this information for each property sold; and
Such other information as HUD may from time to time require.
[Reserved]
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 1437p and 3535(d).
Source
Source: 71 FR 62362, Oct. 24, 2006, unless otherwise noted.