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24 C.F.R. Part 248, Subpart B

Provides guidance on prepayment limitations, required notice, appraisals, plans of action, criteria for HUD approval of prepayment, incentives to extend low-income use, assistance for displaced tenants, and other issues relating to prepayment under the Title VI Low-Income Housing Preservation and Resident Homeownership Act of 1990, "LIHPRHA", codified at 12 U.S.C. ยง 4101 et seq.). While these regulations remain unchanged, they are applicable only to properties that executed LIHPRHA preservation plans.

24 C.F.R. Part 248, Subparts A and C are generally no longer relevant, but do provide guidance on prepayments and plans of action for those few owners to whom the Emergency Low- Income Housing Preservation Act of 1987 applies.

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