Common Contracts

2 similar Assistance Payments Contract contracts

Contract
Assistance Payments Contract • November 23rd, 2021

Starting in June of 2004, the Department no longer consents to the assignment of the Section 8 Housing Assistance Payments (HAP) contract unless there is a provision for requiring both physical condition standards and annual financial statement reporting. This applies to all Section 8 HAP contracts, regardless of whether there is a HUD-insured mortgage. The attached HAP assumption agreement has been amended to include the following provisions:

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Contract
Assistance Payments Contract • October 21st, 2021

Starting in June of 2004, the Department no longer consents to the assignment of the Section 8 Housing Assistance Payments (HAP) contract unless there is a provision for requiring both physical condition standards and annual financial statement reporting. This applies to all Section 8 HAP contracts, regardless of whether there is a HUD-insured mortgage. The attached HAP assumption agreement has been amended to include the following provisions:

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