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HUD 2530 Clearance

HUD 2530 Clearance. HUD 2530 CLEARANCE. Previous Participation Clearance 24 CFR 200.210 24 CFR 200.233. WHO MUST FILE. All Principal Participants Sponsor Owner Contractor Consultant Management Agent Nursing Home Administrator/Operator. WHO MUST FILE. Participant Flags in APPS.

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HUD 2530 Clearance

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  1. HUD 2530 Clearance

  2. HUD 2530 CLEARANCE Previous Participation Clearance 24 CFR 200.210 24 CFR 200.233

  3. WHO MUST FILE All Principal Participants Sponsor Owner Contractor Consultant Management Agent Nursing Home Administrator/Operator

  4. WHO MUST FILE

  5. Participant Flags in APPS Critical Findings – Cannot be cleared by local HUD Office 1. Unacceptable Physical Inspection Score (<60 pts) 2. Below Average or Unsatisfactory Management Review 3. Mortgage Assignment or Foreclosure 4. Default under HAP Contract or violation/breach of HAP 5. GSA Excluded Party Listing Name Match 6. Regulatory Agreement Violation or Breach 7. Debarment, suspension or temporary Denial to Participate 8. “NO” answer on a Previous Participation Certification 9. Failure to file financial statements

  6. Participant Flags in APPS Non-Critical Findings – Can be cleared by local HUD 1. Performance problems 2. Unauthorized secondary financing 3. Non-compliance with HUD obligations 4. Unresolved audit findings 5. Unauthorized Transfer of Physical Assets 6. Work stoppage

  7. E-File in APPS APPS HELP DESK 1-800-767-7588 WEBSITE http://www.hud.gov/offices/hsg/mfh/apps/appsmfhm.cfm

  8. Paper File a HUD 2530 Review for accuracy before submission Errors/omissions will cause a reject of the application Local HUD Office can make changes in Blocks 1 – 6 only.

  9. Paper File a HUD 2530 Tips for Completing a HUD 2530 Part 1 – Reason for Submission Block 2 – Enter newly assigned project # Block 7 - Full disclosure of all participants Block 9 – Expected interest in Ownership Entity Signature Block

  10. Tips for Completing a HUD 2530 Schedule A Column 1 - One principal for each Schedule A. Exception if participation is identical. Column 2 – All properties the principal has participated in Column 3 – Role in Project /date participated Column 4 – Status of loan

  11. Tips for Completing a HUD 2530 Schedule A Column 5 – Was project ever in Default Column 6 – Management Review/Physical Inspection Rating Information verified

  12. FILE EARLY!

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