Unleased units. At the time the contract is executed, HUD will provide a list of dwelling unit(s) leased as of the effective date of the Contract and a list of the unit(s) not so leased, if any, and shall determine whether or not the owner has met the obligations with re- spect to any unleased unit(s) and for which of those unit(s) vacancy pay- ments will be made by HUD. The owner must indicate in writing either concur- rence with this determination or dis- agreement reserving all rights to claim vacancy payments for the unleased unit(s) pursuant to the contract, with- out prejudice by reason of the owner’s signing the contract. [44 FR 70365, Dec. 6, 1979, as amended at 48 FR 12711, Mar. 28, 1983; 49 FR 17449, Apr. 24, 1984; 65 FR 16427, Mar. 29, 2000] HUD will review project operations at such intervals as it deems necessary to ensure that the owner is in full com- pliance with the terms and conditions of the contract, Regulatory Agree- ment, and Agreement to Enter into a Housing Assistance Contract, if any. The equal opportunity review may be conducted with the scheduled HUD re- view or at any time deemed appro- priate by HUD.
Appears in 4 contracts
Samples: Housing Agreement, Housing Agreement, Housing Agreement
