941.303—Site acquisition proposal.

When a PHA determines that it is necessary to acquire land for development through new construction, it may spend funds authorized under this part to acquire development sites. HUD must approve a PHA's proposed use of funds before it may acquire sites in this manner. A PHA must submit the following documents for HUD review and approval, in accordance with the standards set forth in § 941.305 :
(a) Justification. A justification for acquiring land prior to PHA proposal approval;
(b) Site information. An identification and description of the proposed site, site plan, neighborhood, and evidence of PHA control of the site for at least sixty (60) days after proposal submission.
(c) Zoning. Evidence that construction or rehabilitation is permitted by current zoning ordinances or regulations or evidence to indicate that needed rezoning is likely and will not delay the project.
(d) Development schedule. A copy of the PHA development schedule, including the PHA architect estimates of the time required to complete each major development stage.
(e) Environmental assessment. All available environmental information on the proposed development (to expedite the HUD environmental review).
(f) Appraisal. An appraisal of the proposed site by an independent, state-certified appraiser.

Code of Federal Regulations

Effective Date Note: At 61 FR 38018, July 22, 1996, § 941.303 was revised. This section contains information collection and recordkeeping requirements and will not become effective until approval has been given by the Office of Management and Budget.