210 Transfer Authority Guidance

 

The Federal Register Notice HUD Approval of Requests for Transfers of Multifamily Housing Project-Based Rental Assistance, HUD- Held or Insured Debt, and Income- Based Use Restrictions outlines the requirements HUD uses to review and approve requests under the 210 Transfer Authority.

This guidance organizes the Federal Register into three categories: Transferring Property Requirements, Receiving Property Requirements, Transaction Requirements.

Transferring Property Requirements

  • Physically Obsolete or Economically Nonviable
  • Tenancy Consultation

Receiving Property Requirements

  • Neighborhood of Opportunity
  • Acceptable Standards
  • Management Capacity
  • Local Demand and Approval

Transaction Requirements

  • Budget Neutrality
  • Best Interests of Tenants
  • Protection of Taxpayers' Investment

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