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HUD Invites Comments on HUD Form 2530

Wednesday, July 12, 2006 - 3:30PM

The U.S. Department of Housing and Urban Development (HUD) today invited comments regarding HUD Form 2530, Previous Participation Certification. HUD uses this form to evaluate the feasibility of applicants with respect to their previous track records to ensure participation from responsible individuals and organizations in HUD's multifamily housing programs. Form 2530 was at the center of discussions earlier this year when industry participants reported difficulty in submitting the form via HUD's online Active Partner Performance System (APPS) as required by HUD regulations implemented on October 12, 2005. HUD granted an extension to file paper forms but as of April 30, 2006 all participants in HUD multifamily mortgage and project based subsidy programs must submit the electronic version of Previous Participation Certificate via HUD's secure web server as a condition prerequisite to new or revised participation. Click here for a copy of the notice from today's Federal Register for details on submitting comments. Copies of documents related to the comment request, including screenshots of the APPS system, can be downloaded from HUD's web site.

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