Sec. 4. Resident access to building information
321 words·~1 min read·
/bill/118/hr/8904/ih/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon a written request by a legitimate residents association established with respect to a multifamily housing property to which section 202 of the Housing and Community Development Amendments of 1978 (12 U.S.C. 1715z-1b) applies, by or through its duly appointed designee or representative, the Secretary of Housing and Urban Development shall make available to such association, designee, or representative, for the property represented by the association— information identifying the legal entities that own or manage the subject property, including identification of general partners and other principals; an annual operating statement of profit and loss of the ownership and management entities identified in paragraph (1), and their other current or former properties assisted by the Department, including the history and current status of mortgage assignments, defaults, foreclosures, or departmental sanctions; any subsidy contracts and regulatory agreements, use agreements, or other contracts referred to in section 3(c)(2) of this Act between the ownership entities and the Department of Housing and Urban Development, including correspondence between such ownership entities and the Department for the subject property; any management reviews, physical inspection reports, and capital needs assessments of the subject property or entities identified in paragraph
(1)that are conducted by the Department or a contractor of the Department; and an annual statement, prepared by the Department or a contract administrator for the subject property, of the balances of, and expenditures from, any replacement reserves and other escrow funds for the property. Subsection
(a)shall not be construed to require disclosure of Social Security numbers, personal tax returns, or any other personal financial information of or concerning individuals who have an interest in the ownership or management entities referred to in subsection (a), including salaries or wages of employees of such entities. In complying with the requirements of subsection (a), the Secretary shall not disclose, and shall redact, any information that identifies, or may be used to identify, a resident of the multifamily housing property.
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 4
Resident access to building information
Cites 1Cited by 0 across 0 sources