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HUD Published Housing Notice 24-10: Environmental Reporting Requirements for Covered Transactions
- By: admin
- On: 12/17/2024 08:38:45
- In: HUD Notices
This notice provides guidance on the Multifamily Housing environmental report process and required Owner environmental review submissions for five specific transactions.
Special Attention of: All Multifamily Regional Center Directors All Multifamily Satellite Office Directors All Multifamily Asset Management Division Directors All Multifamily Operations Officers All Multifamily Field Counsel All Contract Administrators All Multifamily Project Owners |
Notice: H 2024–10 Issued: 12/17/2024 Expires: This notice remains in effect until amended, superseded or rescinded. Cross References: CPD Notice 2016–02 Notice H 2015–03 Multifamily Accelerated Processing Guide (MAP Guide) Section 8 Renewal Policy Guidebook |
SUBJECT: Environmental Reporting Requirements for Covered Transactions?
1. Purpose
This Notice provides guidance on the Multifamily Housing (MFH) environmental report process and required Owner environmental review submissions for the following five transactions, which shall be referred to throughout this Notice as the “covered transactions”:
A. Section 8(bb) Transfers of Budget Authority (“Section 8(bb) Transfers”);
B. Transfers of Rental Assistance with HUD Held or Insured Debt and/or Use
Restrictions (“Section 209 Transfers”);
C. Transfers of RAD PBRA Rental Assistance (“RAD Transfers”);
D. Demolition and New Construction of RAD PBRA Covered Projects PostConversion (“RAD Demolition and New Construction”); and
E. Section 8 Renewals with Capital Repair (“Chapter 15 Renewals”).
B. Transfers of Rental Assistance with HUD Held or Insured Debt and/or Use
Restrictions (“Section 209 Transfers”);
C. Transfers of RAD PBRA Rental Assistance (“RAD Transfers”);
D. Demolition and New Construction of RAD PBRA Covered Projects PostConversion (“RAD Demolition and New Construction”); and
E. Section 8 Renewals with Capital Repair (“Chapter 15 Renewals”).
Additionally, this Notice affirms that owners must submit all environmental report documentation for the covered transactions through the HUD Environmental Review Online System (HEROS), superseding all references to HUD–4128–OHF or to the HEROS partner worksheets.
Click here to read full notice