HUD has revised contracts for all pending (unfunded and unexecuted) contracts and future contract renewals. This will require the replacement of contracts which you have already submitted to us for renewal. This does not affect contracts that have already been executed and funded.
We are very interested in facilitating the timely replacement of your contract when funding is received. We hope to receive funding from HUD in the very near future, and will be sending replacement contracts for the signature of the owner at that time. Upon receipt, please have the owner execute the contract and sign immediately and return to NTHDC so we can complete the process as soon as possible.
To view the revised HAP Contracts please click on the following link
==>HAP Contracts Effective August 2007