hud 2530 clearance hud 2530 clearance previous participation clearance 24 cfr 200.210 24 cfr 200.233

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

Critical Findings – Cannot be cleared by local HUD Office

1. Unacceptable Physical Inspection Score (<60 pts)2. Below Average or Unsatisfactory Management Review3. Mortgage Assignment or Foreclosure4. Default under HAP Contract or violation/breach of HAP5. GSA Excluded Party Listing Name Match6. Regulatory Agreement Violation or Breach7. Debarment, suspension or temporary Denial to Participate8. “NO” answer on a Previous Participation Certification9. Failure to file financial statements

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

E-File in APPS

APPS HELP DESK

1-800-767-7588

WEBSITE

http://www.hud.gov/offices/hsg/mfh/apps/appsmfhm.cfm

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.

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

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 participatedColumn 4 – Status of loan

Tips for Completing a HUD 2530Schedule A

Column 5 – Was project ever in Default

Column 6 – Management Review/Physical Inspection Rating

Information verified

FILE EARLY!