Form Hud 52531a - Pbv Agreement To Enter Into Housing Assistance Payments Contract - New Construction Or Rehabilitation Page 9

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default, pay annual contributions for the purpose of providing housing assistance
payments with respect to the dwelling unit(s) under this Agreement for the duration of the
HAP contract.
1.17 Owner Default and PHA Remedies
A.
Owner Default
Any of the following is a default by the owner under the Agreement:
1.
The owner has failed to comply with any obligation under the Agreement.
2.
The owner has violated any obligation under any other housing assistance
payments contract under Section 8 of the United States Housing Act of
1937 (42 U.S.C. 1437f).
3.
The owner has committed any fraud or made any false statement to the
PHA or HUD in connection with the Agreement.
4.
The owner has committed fraud, bribery or any other corrupt or criminal
act in connection with any Federal housing assistance program.
5.
If the property where the contract units are located is subject to a lien or
security interest securing a HUD loan or a mortgage insured by HUD and:
A.
The owner has failed to comply with the regulations for the
applicable mortgage insurance or loan program, with the mortgage
or mortgage note, or with the regulatory agreement; or
B.
The owner has committed fraud, bribery or any other corrupt or
criminal act in connection with the HUD loan or HUD-insured
mortgage.
6.
The owner has engaged in any drug-related criminal activity or any violent
criminal activity.
B.
PHA Remedies
1.
If the PHA determines that a breach has occurred, the PHA may exercise
any of its rights or remedies under the Agreement.
Page 9 of 17
HUD 52531A
Agreement, Part 1 of 2
Previous Editions are obsolete
Project-based Voucher Program

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