24 CFR 401.405
§ 401.405 Restructuring Commitment review and approval by HUD.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 401.405, § 401.405 Restructuring Commitment review and approval by HUD, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100691
- Permanent ID
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Full text
HUD will either approve the Restructuring Commitment as submitted, require changes as a condition for approval, or reject the Plan. If the Plan is rejected, HUD will inform the PAE of the reasons for rejection, and the PAE will inform the owner. HUD's rejection of the Plan is subject to the dispute and administrative appeal provisions of subpart F of this part.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.