24 CFR 904.118 - Homeowners association

§ 904.118 Homeowners association—planned unit development (PUD).
If the development is organized as a planned unit development:
(a) Ownership and maintenance of common property. The common areas, sidewalks, parking lots, and other common property in the development shall be owned and maintained as provided for in the approved planned unit development (PUD) program except that the LHA shall be responsible for maintenance until such time as the homeowners association assumes such responsibility (see § 904.112(d)).
(b) Title restrictions. The title ultimately conveyed to each homebuyer shall be subject to restrictions and encumbrances to protect the rights and property of all other owners. The homeowners association shall have the right and obligation to enforce such restrictions and encumbrances and to assess owners for the costs incurred in connection with common areas and property and other responsibilities.
(c) Votes in association. There shall be as many votes in the association as there are homes in the development, and, at the outset, all the voting rights shall be held by the LHA. As each home is conveyed to the homebuyer, one vote shall automatically go to the homeowner so that, when all the homes have been conveyed, the LHA shall no longer have any interest in the homeowners association.
(d) Voting control. The LHA shall not lose its majority voting interest in the association as soon as a majority of the homes have been conveyed, unless the law of the state requires control to be transferred at a particular time, or the LHA so desires. If permitted by state law, provision shall be made for each home owned by the LHA to carry three votes, while each home owned by a homeowner shall carry one vote. Under this weighted voting plan, the LHA shall continue to have voting control until 75 percent of the homes have been acquired by homeowners. However, at its discretion, the LHA may transfer voting control to the homeowners when at least 50 percent of the homes have been acquired by the homeowners.

Title 24 published on 2013-04-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE

§ 1437 - Declaration of policy and public housing agency organization

§ 1437a - Rental payments

42 U.S. Code § 1437a–1 - Repealed.

§ 1437b - Loans and commitments to make loans for low-income housing projects

§ 1437c - Contributions for low-income housing projects

42 U.S. Code § 1437c–1 - Public housing agency plans

§ 1437d - Contract provisions and requirements; loans and annual contributions

§ 1437e - Designated housing for elderly and disabled families

§ 1437f - Low-income housing assistance

§ 1437g - Public housing Capital and Operating Funds

§ 1437h - Implementation of provisions by Secretary

§ 1437i - Obligations of public housing agencies; contestability; full faith and credit of United States pledged as security; tax exemption

§ 1437j - Labor standards and community service requirement

42 U.S. Code § 1437j–1 - Repealed.

§ 1437k - Consortia, joint ventures, affiliates, and subsidiaries of public housing agencies

42 U.S. Code § -

§ 1437m - Payment of non-Federal share

§ 1437n - Eligibility for assisted housing

42 U.S. Code § -

§ 1437p - Demolition and disposition of public housing

§ 1437q - Financing limitations

§ 1437r - Public housing resident management

§ 1437s - Public housing homeownership and management opportunities

§ 1437t - Authority to convert public housing to vouchers

§ 1437u - Family Self-Sufficiency program

§ 1437v - Demolition, site revitalization, replacement housing, and tenant-based assistance grants for projects

§ 1437w - Transfer of management of certain housing to independent manager at request of residents

§ 1437x - Environmental reviews

§ 1437y - Provision of information to law enforcement and other agencies

§ 1437z - Exchange of information with law enforcement agencies

42 U.S. Code § 1437z–1 - Civil money penalties against

42 U.S. Code § 1437z–2 - Public housing mortgages and security interests

42 U.S. Code § 1437z–3 - Pet ownership in public housing

42 U.S. Code § 1437z–4 - Resident homeownership programs

42 U.S. Code § 1437z–5 - Required conversion of distressed public housing to tenant-based assistance

42 U.S. Code § 1437z–6 - Services for public and Indian housing residents

42 U.S. Code § 1437z–7 - Mixed-finance public housing

42 U.S. Code § 1437z–8 - Collection of information on tenants in tax credit projects

§ 1437ee - Repealed.

§ 3535 - Administrative provisions