{"data":{"id":"us/24-cfr-245.419","jurisdiction":"us","citation":"24 CFR 245.419","heading":"Initial submission of materials to HUD: Major capital additions.","body":"In the case of major capital additions, the mortgagor must submit the following materials to the local HUD office:\n(a) The general plans and sketches of the proposed capital additions;\n(b) A statement describing the estimated effect of the proposed capital additions on the value of the project, the project income and expenses (including property taxes), and the project rent schedule;\n(c) A statement describing how the proposed capital additions will be financed and the effect, if any, of that financing on the tenants;\n(d) A statement assessing the compatibility of the proposed capital additions with the residential character of the project; and\n(e) A copy of the notice to tenants.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES","PART 245—TENANT PARTICIPATION IN MULTIFAMILY HOUSING PROJECTS","Subpart E—Procedures for Requesting Approval of a Covered Action"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"9395bb9c0eeb77b752825d4b1623d5f76b248f68d4160fb979b92a85d653b819","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-245.418","next":"us/24-cfr-245.420"},"notice":"GroundRules: Original legal text. Not legal advice."}