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As you requested, I had my people in Florida speak to Mel Adams about the above referenced project. He indicated that he needs word from Washington regarding proceeding with funding for any specific units. I would appreciate it if you could let me know how we can go about that.

Very truly yours,

BARRETT, HANNA, DALY & GASPAR

Dane

David M. Barrett

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It has come to our attention that a need exists for low rent housing units in the Town of Amherst, Erie County, New York. Amherst, with a population in excess of 100,000, has a number of multifamily developments 30 to 40 years of age requiring modernization of mechanical systems and general refurbishment. The investment for the modernization, however, cannot be supported by the marketplace. Subsidies under the subject program would both preserve basically sound housing in Amherst and provide affordable housing for the needy low income families of the community.

Therefore, the New York State Housing Finance Agency requests that funds under the subject program be set aside for 316 housing units in the Town of Amherst, Erie County, New York. Inquiries regarding this request could be addressed to Eugene Meyers, Deputy Director.

Sincerely,

What H

Robert Harris
Executive Director

RH:bp

cc: Eugene Meyers

bc: Deborah Dean

Executive Assistant

to the Secretary

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SUBJECT:

for Multifamily Housing Programs, HM

Request for Waiver of Section 8 Moderate Rehabilitation
Program Regulation Project NY06-K108-730
Amherst, New York

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I have taken considerable time reviewing the response that you prepared for my signature and background materials pertaining to the subject.

You have presented significant points as to how the New York State Housing Finance Agency deviated from the normal course of the Moderate Rehabilitation process. This seriously concerns me. What also concerns me, however, is that this project is HUDinsured under the Section 221(d)(4). Without granting this waiver the Department would be jeopardizing the financial security of this project and could possibly face a huge claim to the FHA insurance fund.

I have weighed each factor and have determined that I will recommend to the Assistant Secretary the approval of this waiver request.

In our response to Joseph D. Monticciolo, I have advised him of the New York State Housing Finance Agency's serious need for training of the requirements and procedures of the Moderate Rehabilitation Program. I have directed him in the waiver approval to commence such training as soon as possible.

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Enclosed please find your completed and properly executed Section 8 contract on the above-captioned project.

May we remind you that you must make arrangements with the Loan Management Section of this office for an inspection of every unit to be covered by this contract prior to your first submission of the HUD 52670 and 52670A, Requesting Assistance Payments. In addition, the owner and each family shall certify on HUD Form 52580 that they have inspected the unit and found it to b in accordance with the criteria provided in the subject form.

Please be informed that HID Form 52659, Application for Tenant Eligibility and Recertification, shall be used for all applications for family eligibility and recertification of annual incume.

The owner or his authorized agent is responsible for preparing the above form for each applicant family and submitting it to the local HUD office. The owner or agent is responsible for obtaining all necessary information from the appplicant, verifying it and retaining documentation of the verificatiul in the files for a period of at least three years for HUD audit or inspection. The project shall retain one copy of Page 1 of the application form, together with any and all documentation and verification materials and shall forward two copies of Page 1 to Gary T. LeVine, Chief of Loan Management, Detroit Area Office.

If you have any further questions, feel free to contact Ms. Beverly Downing at 226-4375.

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HUD-52537
March 1976

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM
ADDITIONAL ASSISTANCE PROGRAM FOR PROJECTS WITH HUD-INSURED
AND HUD-HELD MORTGAGES

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This Contract is entered into pursuant to the United States Housing Act of 1937 ("Act"), 42 U.S.C. 1437, et seq., and the Department of Housing and Urban Development Act, 42, U.S.C. 3531, et seq., by and between the United States of America acting through the Department of Housing and Urban Development ("Government") and AMY JO MANOR ("Owner"), and N/A ("PHA") which is a public housing agency as

defined in the Act.

The parties hereto agree as follows:

1.1 Significant Dates and Other Items; Contents of Contract.

March T

a. Effective Date of Contract. The effective date of this Contract Is 19 81 (This date shall be no earlier than the date of execution by the Government.)

b. Initial Term of Contract. The initial term of this Contract (see Section 1.4) shall be 5 years, beginning with the effective date of this Contract and ending February 28

C. Fiscal Year.
December 31

19_86.

The ending date of each fiscal year shall be
(Insert ending date of the fiscal

year previously established by the Owner in compliance with the
Regulatory Agreement.)

The maximum amount of

d. Maximum Housing Assistance Commitment. the commitment for housing assistance payments under this Contract (see Section 1.5a) is $ 2101 50,00 per annum.

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210,150.

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