Sec. 227. DELEGATED RESPONSIBILITY TO STATE AGENCIES
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## SEC. 227 DELEGATED RESPONSIBILITY TO STATE AGENCIES **[**[12 U.S.C. 4117](/us/usc/t12/s4117)**]** ###
(a)In General In addition to any responsibilities delegated under section 213(c), the Secretary shall delegate some or all responsibility for implementing this subtitle to a State housing agency if such agency submits a preservation plan acceptable to the Secretary. ###
(b)Approval State preservation plans shall be submitted in such form and in accordance with such procedures as the Secretary shall establish. The Secretary may approve plans that contain— ####
(1)an inventory of low-income housing located within the State that is or will be eligible low-income housing under this subtitle within 5 years; ####
(2)a description of the agency's experience in the area of multifamily financing and restructuring; ####
(3)a description of the administrative resources that the agency will commit to the processing of plans of action in accordance with this subtitle; ####
(4)a description of the administrative resources that the agency will commit to the monitoring of approved plans of action in accordance with this subtitle; ####
(5)an independent analysis of the performance of the multifamily housing inventory financed or otherwise monitored by the agency; ####
(6)a certification by the public official responsible for submitting the comprehensive housing affordability strategy under section 105 of the Cranston-Gonzalez National Affordable Housing Act that the proposed activities are consistent with the approved housing strategy of the State within which the eligible low-income housing is located; and ####
(7)such other certifications or information that the Secretary determines to be necessary or appropriate to achieve the purposes of this subtitle. ###
(c)Implementation Agreements The Secretary may enter into any agreements necessary to implement an approved State preservation plan, which may include incentives that are authorized under other provisions of this subtitle.
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Sec. 227
DELEGATED RESPONSIBILITY TO STATE AGENCIES
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