OPG 6.5 OAHP Preservation Office to Owner re-Determination to Di

OMB No. 2502-0533
(Exp, xx/xx/xxxx)

Sample
Mark-to-Market
Form 6.5
OAHP Preservation Office to Owner re:
Determination to Discontinue the Restructuring Process
From:

OAHP Preservation Office

To:

Owner

Transmission:

Overnight Hard Copy - With Evidence of Receipt

Date:

_________________

Project Name:

__________________________________________________________

FHA Number:

_____________________

REMS ID Number

_________________

Section 8 HAP Contract Number: _____________________________________________
Dear

(Owner):

After a thorough review, OAHP has determined that the Restructuring Process for the subject
property will be discontinued effective immediately. We have discussed our concerns and
conclusions with (PAE) and the HUD Hub/Program Center.
The basis for this determination is:
______________________________________________________________________________
_____________________________________________________________________________
______________________________________________________________________________
You may appeal this Determination to Discontinue the Restructuring process. Your appeal must
be in writing, must be received by OAHP within 30 calendar days after your receipt of this letter
and must contain the factual basis for your appeal. Please be as specific as possible (address
comparables used, adjustments made, findings made, etc.) and include appropriate supporting
documentation as necessary.
[If the rents have not already been reduced to market and if a Contract is being offered]
Attached is a new Section 8 HAP Watchlist Contract and a Certification of Reduction in Rents.
The new Contract will take effect at the expiration of your current HAP Contract (date). The
market rents reflected in the new contract are as follows:
0 Bedroom:

_________

1 Bedroom:

_________

2 Bedroom:

_________

3 Bedroom:

_________

4 Bedroom:

_________

September 30, 2004

Form 6.5, Page 1

Sincerely,
OAHP Preservation Office Director
cc:

OAHP HQ
PAE
HUD Multifamily Hub or Program Center

Public reporting burden for this collection of information is estimated to average 3 hours per
response, including the time for reviewing instructions, searching existing data sources,
gathering and maintaining the data needed, and completing and reviewing the collection of
information. This information is required to obtain benefits. The office of Multifamily Housing,
Office of Affordable Housing Preservation 451 7th Street SW, Room 6216 6230 Washington,
DC 20410. HUD may not collect this information, and you are not required to complete this
form, unless it displays a currently valid OMB control number. Title V of the Departments of
Veterans Affairs and Housing and Urban Development and Independent Agencies
Appropriations Act of 1988 (P.L.106 65, 111 Stat. 1384) authorizes the FHA Multifamily
Housing Mortgage and Housing Assistance Restructuring Program. HUD implemented a
statutory permanent program directed at FHA-insured multifamily projects that have projectbased Section 8contracts with above- market rents. The information collection is used to
determine criteria eligibility of FHA-insured multifamily properties for participation in the Mark
to Market program and the terms on which participation should occur. The purpose of the
program is to preserve low-income rental housing affordability while reducing the long-term
costs of Federal rental assistance. While no assurances of confidentiality are pledged to
respondents, HUD generally discloses this data only in response to a Freedom of Information
request.
September 30, 2004

Form 6.5, Page 2