# 24 C.F.R. § 290.13 (2026): Negotiated sales

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_13

## Section

- **Citation:** 24 C.F.R. § 290.13 (2026)
- **Heading:** Negotiated sales
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** 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 290: DISPOSITION OF MULTIFAMILY PROJECTS AND SALE OF HUD-HELD MULTIFAMILY MORTGAGES / Subpart A: Disposition of Multifamily Projects / § 290.13: § 290.13   Negotiated sales.

## Text

When HUD conducts a negotiated sale involving the disposition of a project to a person or entity without a public offering, the following provisions apply:
(a) HUD may negotiate the sale of any project to an agency of the federal, State, or local government.
(b) When HUD determines that a purchaser can demonstrate the capacity to own and operate a project in accordance with standards set by HUD, and/or a competitive offering will not generate offers of equal merit from qualified purchasers, HUD may approve a negotiated sale of a subsidized project to:
(1) A resident organization wishing to convert the project to a nonprofit or limited equity cooperative;
(2) A cooperative (
e.g.,
nonprofit limited equity, consumer cooperative, mutual housing organization) with demonstrated experience in the operation of nonprofit (and preferably low-income) housing;
(3) A nonprofit entity that will continue to operate the project as low-income housing and whose governing board is composed of project residents;
(4) A State or local governmental entity with the demonstrated capacity to acquire, manage, and maintain the project as housing available to and affordable by low-income residents;
(5) A State or local governmental or nonprofit entity with the demonstrated capacity to acquire, manage, and maintain the project as a shelter for the homeless or other public purpose, generally when the project is vacant or has minimal occupancy and is not needed in the area for continued use as rental housing for the elderly or families; or
(6) Other nonprofit organizations.

## Nearby sections

- [24 C.F.R. § 290.1 (2026) § 290.1   Applicability.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_1.md)
- [24 C.F.R. § 290.3 (2026) § 290.3   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_3.md)
- [24 C.F.R. § 290.7 (2026) § 290.7   Occupancy requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_7.md)
- [24 C.F.R. § 290.9 (2026) § 290.9   Setting rental rates.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_9.md)
- [24 C.F.R. § 290.11 (2026) § 290.11   Notification requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_11.md)
- [24 C.F.R. § 290.13 (2026) § 290.13   Negotiated sales.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_13.md)
- [24 C.F.R. § 290.15 (2026) § 290.15   Disposition plan.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_15.md)
- [24 C.F.R. § 290.17 (2026) § 290.17   Displacement of tenants and relocation assistance.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_17.md)
- [24 C.F.R. § 290.18 (2026) § 290.18   Restrictions on sale to former mortgagors.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_18.md)
- [24 C.F.R. § 290.19 (2026) § 290.19   Restrictions concerning nondiscrimination against Section 8 voucher holders.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_19.md)
- [24 C.F.R. § 290.21 (2026) § 290.21   Computing annual number of units eligible for substitution of tenant-based assistance or alternative uses.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_21.md)
- [24 C.F.R. § 290.23 (2026) § 290.23   Rebuilding.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_23.md)
- [24 C.F.R. § 290.25 (2026) § 290.25   Determination not to preserve a project or a part of a project.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_25.md)
- [24 C.F.R. § 290.27 (2026) § 290.27   Up-front grants and loans.](https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_27.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T24_P290_S290_13. Check the current official text before relying on it. Not legal advice.