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