Pub. L. 102-550, tit. IV, sec. 403 (as amended)

CONTENTS.

Year: 2026Length: 254 wordsOfficial source
SEC. 403. [12 U.S.C. 1715z–1a note] CONTENTS. (a) In General.—Each comprehensive needs assessment submitted under this title for a covered multifamily housing property or a covered multifamily housing property for the elderly shall contain the following information with respect to the property: (1) A description of any financial or other assistance currently needed for the property to ensure that the property is maintained in a livable condition and to ensure the financial viability of the project. (2) A description of any financial or other assistance for the property that, at the time of the assessment, is reasonably foreseeable as necessary to ensure that the property is maintained in a livable condition and to ensure the financial viability of the project, during the remaining useful life of the property. (3) A description of any resources available for meeting the current and future needs of the property described under paragraphs (1) and (2) and the likelihood of obtaining such resources. (4) A description of any assistance needed for the property under programs administered by the Secretary. (b) Projects for the Elderly.—Each comprehensive needs assessment for a covered multifamily housing property for the elderly shall include, in addition to the information required under subsection (a), the following information with respect to the property: (1) A description of the supportive service needs of such residents and any supportive services provided to elderly residents of the property. (2) A description of any modernization needs and activities for the property. (3) A description of any personnel needs for the property.
Cross-references to the US Code
12 U.S.C. 1715z–1a note
Pub. L. 102-550, tit. IV, sec. 403 (as amended): CONTENTS. | Justis AI