# 24 CFR § 401.101: Which owners are ineligible to request Restructuring Plans?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-24-401.101

## Section

- **Citation:** 24 CFR § 401.101
- **Heading:** Which owners are ineligible to request Restructuring Plans?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 24—Housing and Urban Development > Subtitle B—Regulations Relating to Housing and Urban Development > CHAPTER IV—OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT > PART 401—MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET) > Subpart A—General Provisions › Eligibility

## Text

(a) Mandatory rejection. The request of an owner of an eligible project will not be considered for a Restructuring Plan if the owner is debarred or suspended under 2 CFR part 2424.
(b) Discretion to reject. HUD may also decide not to accept a request for a Restructuring Plan if:
(1) An affiliate is debarred or suspended under 2 CFR part 2424; or
(2) HUD notifies the owner that HUD is engaged in a pending suspension, debarment or other enforcement action against an owner or affiliate, and the grounds for the pending action are included in § 401.403(b)(2)(ii).
(c) Exception for sale. This section does not apply if a sale or transfer of the property is proposed in accordance with § 401.480.
(d) Notice to tenants. The PAE or HUD will give notice to tenants of a rejection in accordance with §§ 401.500(f)(2), 401.501, and 401.502.
[65 FR 15485, Mar. 22, 2000, as amended at 72 FR 66038, Nov. 26, 2007; 72 FR 73496, Dec. 27, 2007]

## Nearby sections

- [24 CFR § 401.1 § 401.1 What is the purpose of part 401?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.1.md)
- [24 CFR § 401.2 § 401.2 What special definitions apply to this part?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.2.md)
- [24 CFR § 401.3 § 401.3 Who may waive provisions in this part?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.3.md)
- [24 CFR § 401.99 § 401.99 How does an owner request a section 8 contract renewal?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.99.md)
- [24 CFR § 401.100 § 401.100 Which projects are eligible for a Restructuring Plan under this part?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.100.md)
- [24 CFR § 401.101 § 401.101 Which owners are ineligible to request Restructuring Plans?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.101.md)
- [24 CFR § 401.200 § 401.200 Who may be a PAE?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.200.md)
- [24 CFR § 401.201 § 401.201 How does HUD select PAEs?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.201.md)
- [24 CFR § 401.300 § 401.300 What is a PRA?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.300.md)
- [24 CFR § 401.301 § 401.301 Partnership arrangements.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.301.md)
- [24 CFR § 401.302 § 401.302 PRA administrative requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.302.md)
- [24 CFR § 401.303 § 401.303 PRA indemnity provisions for SHFAs and HAs.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.303.md)
- [24 CFR § 401.304 § 401.304 PRA provisions on PAE compensation.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.304.md)
- [24 CFR § 401.309 § 401.309 PRA term and termination provisions; other provisions.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.309.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-24-401.101. Check the current official text before relying on it. Not legal advice.