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HUD REQUESTS COMMENTS ON MIXED-FINANCE PROGRAM FORMS

Wednesday, March 30, 2011 - 1:30AM

The U.S. Department of Housing and Urban Development (HUD) today announced that it will accept public comment on a form and agreements that pertain to the financial closing of a Mixed-Finance housing development’s rehabilitation or development. One of the forms that HUD is requesting comment on is form number HUD-50030. The document describes the ownership of, type, size and number of, construction period and permanent financing of, the restrictions on the usage of, and HUD and federal government rights to, the public, affordable and market rate rental housing units that are being developed or rehabilitated. HUD will accept comments on the proposal “Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units” until April 29, 2011.

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