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24 CFR 401.453

§ 401.453 Reserves.

United States · 24 CFR — Housing and Urban Development · Status: effective

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24 CFR 401.453, § 401.453 Reserves, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100703
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Full text

The Restructuring Plan must provide for reserves for capital replacement sufficient to ensure the property's long-term structural integrity so that the property can be maintained as affordable housing in decent, safe, and sanitary condition meeting the standards of § 401.558.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.