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4 - HA Project Based Vouchers
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4 - HA Project Based Vouchers
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6/25/2015 9:25:09 AM
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5/5/2015
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1.21 Interest of Member or Delegate to Congress <br />No member of or delegate to the Congress of the United States of America or resident - <br />commissioner shall be admitted to any share or part of the Agreement or HAP contract <br />or to any benefits arising from the Agreement or HAP contract. <br />1.22 Transfer of the Agreement, HAP Contract or Property <br />A. PHA Consent to Transfer <br />The owner agrees that the owner has not made and will not make any transfer in <br />any form, including any sale or assignment, of the Agreement, HAP contract or <br />the property without the prior written consent of the PHA. A change in ownership <br />in the owner, such as a stock transfer or transfer of the interest of a limited <br />partner, is not subject to the provisions of this section. Transfer of the interest of a <br />general partner is subject to the provisions of this section. <br />B. Procedure for PHA Acceptance of Transferee <br />Where the owner requests the consent of the PHA for a transfer in. any form, <br />including any sale or assignment, of the Agreement, the HAP contract or the <br />property, the PHA must consent to a transfer of the Agreement or HAP contract if <br />the transferee agrees in writing (in a form acceptable to the PHA) to comply with <br />all the terms of the Agreement and HAP contract, and if the transferee is <br />acceptable to the PHA. The PHA's criteria for acceptance of the transferee must <br />be in accordance with HUD requirements. <br />C. When Transfer is Prohibited <br />The PHA will not consent to the transfer if any transferee, or any principal or <br />interested party is debarred, suspended subject to a limited denial of <br />participation, or otherwise excluded under 2 CFR part 2424, or is listed on the <br />U.S. General Services Administration list of parties excluded from Federal <br />procurement or nonprocurement programs. <br />1.23 Exclusion from Federal Programs <br />A. Federal Requirements <br />The owner must comply with and is subject to requirements of 2 CFR part 2424. <br />Previous Editions are obsolete <br />Page 12 of 17 HUD 52531A <br />Agreement, Part 1 of 2 <br />4-15 <br />Project -based Voucher Program <br />
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