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Subpart G--Multifamily Mortgage Insurance
24 CFR 35.600 Purpose and applicability.
The purpose of this subpart G is to establish procedures to eliminate as far as practicable lead-based paint hazards in a multifamily residential property for which HUD is the owner of the mortgage or the owner receives mortgage insurance, under a program administered by HUD.
24 CFR 35.605 Definitions and other general requirements.
Definitions and other general requirements that apply to this subpart are found in subpart B of this part.
24 CFR 35.610 Exemption.
An application for insurance in connection with a refinancing transaction where an appraisal is not required under the applicable procedures established by HUD is excluded from the coverage of this subpart.
24 CFR 35.615 Notices and pamphlet.
(a) Notice. If evaluation or hazard reduction is undertaken, the sponsor shall provide a notice to occupants in accordance with 24 CFR 35.125.
(b) Lead hazard information pamphlet. The sponsor shall provide the lead hazard information pamphlet in accordance with 24 CFR 35.130.
24 CFR 35.620 Multifamily insured property constructed before 1960.
Except as provided in 24 CFR 35.630, the following requirements apply to multifamily insured property constructed before 1960:
(a) Risk assessment. Before the issuance of a firm commitment the sponsor shall conduct a risk assessment in accordance with 24 CFR 35.1320(b).
(b) Interim controls. (1) The sponsor shall conduct interim controls in accordance with 24 CFR 35.1330 to treat the lead-based paint hazards identified in the risk assessment. Interim controls are considered completed when clearance is achieved in accordance with 24 CFR 35.1340.
(2) The sponsor shall complete interim controls before the issuance of the firm commitment or interim controls may be made a condition of the Federal Housing Administration (FHA) firm commitment, with sufficient repair or rehabilitation funds escrowed at initial endorsement of the FHA insured loan.
(c) Ongoing lead-based paint maintenance activities. Before the issuance of the firm commitment, the sponsor shall agree to incorporate ongoing lead-based paint maintenance into regular building operations and maintenance activities in accordance with 24 CFR 35.1355(a).
24 CFR 35.625 Multifamily insured property constructed after 1959 and before 1978.
Except as provided in 24 CFR 35.630, before the issuance of the firm commitment, the sponsor shall agree to incorporate ongoing lead-based paint maintenance practices into regular building operations, in accordance with 24 CFR 35.1355(a).
24 CFR 35.630 Conversions and major rehabilitations.
The procedures and requirements of this section apply when a nonresidential property constructed before 1978 is to be converted to residential use, or a residential property constructed before 1978 is to undergo rehabilitation that is estimated to cost more than 50 percent of the estimated replacement cost after rehabilitation.
(a) Lead-based paint inspection. Before issuance of a firm FHA commitment, the sponsor shall conduct a lead-based paint inspection in accordance with 24 CFR 35.1320(a).
(b) Abatement. Prior to occupancy, the sponsor shall conduct abatement of all lead-based paint on the property in accordance with 24 CFR 35.1325. Whenever practicable, abatement shall be achieved through the methods of paint removal or component replacement. If paint removal or component replacement are not practicable, that is if such methods would damage substrate material considered architecturally significant, permanent encapsulation or enclosure may be used as methods of abatement. Abatement is considered complete when clearance is achieved in accordance with 24 CFR 35.1340. If encapsulation or enclosure is used, the sponsor shall incorporate ongoing lead-based paint maintenance into regular building operations maintenance activities in accordance with 24 CFR 35.1355.
(c) Historic properties. Section 35.115(a)(13) applies to this section.
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