legal · go-v.org

When may a HUD official issue a limited denial of participation?

CFR · 2024-01-01 · US · Title 2

(a) An authorized HUD official may issue a limited denial of participation against a person, based upon adequate evidence of any of the following causes: (1) Approval of an applicant for insurance would constitute an unsatisfactory risk; (2) There are irregularities in a person's past performance in a HUD program; (3) The person has failed to maintain the prerequisites of eligibility to participate in a HUD program; (4) The person has failed to honor contractual obligations or to proceed in accordance with contract specifications or HUD regulations; (5) The person has failed to satisfy, upon completion, the requirements of an assistance agreement or contract; (6) The person has deficiencies in ongoing construction projects; (7) The person has falsely certified in connection with any HUD program, whether or not the certification was made directly to HUD; (8) The person has committed any act or omission that would be cause for debarment under 2 CFR 180.800; (9) The person has violated any law, regulation, or procedure relating to the application for financial assistance, insurance, or guarantee, or to the performance of obligations incurred pursuant to a grant of financial assistance or pursuant to a conditional or final commitment to insure or guarantee; (10) The person has made or procured to be made any false statement for the purpose of influencing in any way an action of the Department; or (11) Imposition of a limited denial of participation by any other HUD office. (b) Fi

official document · source cfr-2024 · id 2:§ 2424.1110