80 FR 11219 - Announcement of Availability of Notice on Required Actions for Multifamily Housing Projects Receiving Failing Scores From HUD's Real Estate Assessment Center (REAC)

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 80, Issue 40 (March 2, 2015)

Section 230 of HUD's Fiscal Year 2014 Appropriations Act and Section 226 of HUD's Fiscal Year 2015 Appropriations Act require HUD to take certain actions if a multifamily housing project with a section 8 contract or with a contract with similar project-based project assistance receives a failing score by REAC. This notice announces the availability on HUD's Web site of the notice specifying the required actions that HUD must take for multifamily projects receiving failing REAC scores. The notice is Housing Notice is H 2015-2, which can be found at http://portal.hud.gov/hudportal/documents/huddoc?id=15- 02hsgn.pdf.

[Federal Register Volume 80, Number 40 (Monday, March 2, 2015)]
[Notices]
[Pages 11219-11220]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-04261]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket Number FR-5822-N-01]


Announcement of Availability of Notice on Required Actions for 
Multifamily Housing Projects Receiving Failing Scores From HUD's Real 
Estate Assessment Center (REAC)

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, HUD.

ACTION: Announcement of availability of notice on certain required 
actions for projects with failing REAC scores.

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SUMMARY: Section 230 of HUD's Fiscal Year 2014 Appropriations Act and 
Section 226 of HUD's Fiscal Year 2015 Appropriations Act require HUD to 
take certain actions if a multifamily housing project with a section 8 
contract or with a contract with similar project-based project 
assistance receives a failing score by REAC. This notice announces the 
availability on HUD's Web site of the notice specifying the required 
actions that HUD must take for multifamily projects receiving failing 
REAC scores. The notice is Housing Notice is H 2015-2, which can be 
found at http://portal.hud.gov/hudportal/documents/huddoc?id=15-02hsgn.pdf.

FOR FURTHER INFORMATION CONTACT: Brandt Witte, Office of Multifamily 
Housing Asset Management and Portfolio Oversight, Department of Housing 
and Urban Development, 451 7th Street SW., Room 6178, Washington, DC 
20410-8000; telephone number 202-402-2614 (this is not a toll-free 
number). Persons with hearing or speech impairments may access this 
number through TTY by calling the toll-free Federal Relay Service at 
800-877-8339.

SUPPLEMENTARY INFORMATION: HUD's Fiscal Year (FY) 2014 Appropriations

[[Page 11220]]

Act is found in Title II of Division L of the Consolidated 
Appropriations Act, 2014 (Pub. L. 113-76, approved January 17, 2014). 
HUD's FY 2015 Appropriations Act is found in Title II of Division K of 
the Consolidated and Further Continuing Appropriations Act of 2015 
(Pub. L. 113-235, approved December 16, 2014). Section 230 of the 
general provisions of HUD's FY 2014 Appropriations Act and section 226 
of the general provisions of HUD's FY 2015 Appropriations Act require 
HUD to take certain actions if a multifamily housing project with a 
section 8 contract or with a contract for similar project-based 
assistance receives a failing REAC physical inspection score.\1\ The 
statutorily required actions apply to projects insured by HUD's Federal 
Housing Administration (FHA) and non-insured projects. The two 
statutory sections are identical. This notice advises the public that 
HUD has posted on its Web site the Office of Housing notice detailing 
the required actions that HUD must take in accordance with section 230. 
This notice can be found at the Web site shown under the Summary 
section of this notice.
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    \1\ The Real Estate Assessment Center's (REAC) mission is to 
provide and promote the effective use of accurate, timely and 
reliable information assessing the condition of HUD's portfolio; to 
provide information to help ensure safe, decent and affordable 
housing; and to restore the public trust by identifying fraud, abuse 
and waste of HUD resources. REAC undertakes physical inspections of 
all HUD housing.

    Dated: February 24, 2015.
Biniam Gebre,
Acting Assistant Secretary for Housing, Federal Housing Commissioner.
[FR Doc. 2015-04261 Filed 2-27-15; 8:45 am]
BILLING CODE 4210-67-P