Date post: | 28-Dec-2015 |
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HUD 2530 Clearance
HUD 2530 CLEARANCE
Previous Participation Clearance
24 CFR 200.210
24 CFR 200.233
WHO MUST FILE
All Principal Participants
Sponsor
Owner
Contractor
Consultant
Management Agent
Nursing Home Administrator/Operator
WHO MUST FILE
Participant Flags in APPS
Critical Findings – Cannot be cleared by local HUD Office
1. Unacceptable Physical Inspection Score (<60 pts)2. Below Average or Unsatisfactory Management Review3. Mortgage Assignment or Foreclosure4. Default under HAP Contract or violation/breach of HAP5. GSA Excluded Party Listing Name Match6. Regulatory Agreement Violation or Breach7. Debarment, suspension or temporary Denial to Participate8. “NO” answer on a Previous Participation Certification9. Failure to file financial statements
Participant Flags in APPS
Non-Critical Findings – Can be cleared by local HUD
1. Performance problems
2. Unauthorized secondary financing
3. Non-compliance with HUD obligations
4. Unresolved audit findings
5. Unauthorized Transfer of Physical Assets
6. Work stoppage
E-File in APPS
APPS HELP DESK
1-800-767-7588
WEBSITE
http://www.hud.gov/offices/hsg/mfh/apps/appsmfhm.cfm
Paper File a HUD 2530
Review for accuracy before submission
Errors/omissions will cause a reject of the application
Local HUD Office can make changes in Blocks 1 – 6 only.
Paper File a HUD 2530
Tips for Completing a HUD 2530
Part 1 – Reason for Submission
Block 2 – Enter newly assigned project # Block 7 - Full disclosure of all participants
Block 9 – Expected interest in Ownership Entity
Signature Block
Tips for Completing a HUD 2530
Schedule A
Column 1 - One principal for each Schedule A. Exception if participation is identical.
Column 2 – All properties the principal has participated in
Column 3 – Role in Project /date participatedColumn 4 – Status of loan
Tips for Completing a HUD 2530Schedule A
Column 5 – Was project ever in Default
Column 6 – Management Review/Physical Inspection Rating
Information verified
FILE EARLY!