I am pleased that the mark-to-market legislation that is incorporated in the VA-HUD conference report contains some measures that deal with properties that are disqualified from the restructuring program. I believe that it is critical that flexibility is provided to the participating administrative entity [PAE] and HUD in dealing with disqualified properties. I am, however, concerned about those properties that are not part of the mark-to-market program but are disqualified from the renewal process.
John Sarbanes: “I am pleased that the mark-to-market legislation that is incorporated in the VA-HUD conference report contains some…”
Editor's note · Context
Discussing mark-to-market legislation in the context of the VA-HUD conference report.
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