§ 266.215 Functions delegated by HUD to HFAs.
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Title 24 CFR: Housing and Urban Development › Chapter II: OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › Part 266: HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS › Subpart C: Program Requirements › § 266.215: § 266.215 Functions delegated by HUD to HFAs.
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The following functions are delegated by HUD to the HFAs:
(a)
Affirmative Fair Housing Marketing Plan (AFHMP).
The HFA will perform information collection, reviews and ministerial activities associated with the review and approval of the AFHMP for all projects. (Enforcement of fair housing and equal opportunity laws is the responsibility of HUD.)
(b)
Labor standards and prevailing wage requirements.
The HFA will perform information collection (e.g., payroll review and routine interviews) and other routine administration and enforcement functions regarding labor standards, in accordance with § 266.225(e). (Enforcement of Davis-Bacon prevailing wage requirements and labor standards is the responsibility of HUD.)
(c)
Insurance of advances.
In cases involving insured advances, the HFA will approve periodic advances of mortgage insurance proceeds during construction of the project subject to terms specified by the Commissioner.
(d)
Cost certification.
The HFA will perform cost certification functions on each insured loan subject to terms specified by the Commissioner.
(e)
Lead-based paint.
The HFA will perform functions related to Lead-based paint requirements as set forth in 24 CFR part 35, subparts A, B, G, and R.
[59 FR 62524, Dec. 5, 1994, as amended at 85 FR 83442, Dec. 22, 2020]
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