CHAPTER 1. INTRODUCTION — HUD Handbook 4350.3 REV-1

1-1	Purpose of This Handbook ...............................................................................1-1	Purpose of This Handbook ...............................................................................1-1	Purpose of This Handbook ...............................................................................1-1
1-2	Programs Subject to This Handbook ...............................................................1-1
	A.	Applicable Programs	1-1
	B.	State Agency Financed Properties	1-1
	C.	How Applicability Varies	1-2
	D.	Programs and Properties Not Subject to This Handbook	1-3
	E.	Compliance	1-3
1-3	Background – Key Multifamily Subsidized Housing Programs......................1-3
	A.	Financing Subsidies: Mortgage Insurance and Mortgage Interest
		Rate Subsidies	1-3
	B.	Direct Loans and Capital Advances	1-5
	C.	Project Rental Subsidies	1-6
1-4	Contract Administrators....................................................................................1-8
1-5	Principles for Addressing Overlapping Federal, State, and Local
	Requirements.....................................................................................................1-8
	A.	General	1-8
	B.	Statutory Program Eligibility Requirements	1-8
	C.	Multiple Federal Laws	1-9
	D.	Overlap Between Federal and State/Local Laws	1-9
1-6	Handbook Organization ....................................................................................1-9
	A.	Organization of Chapters	1-9
	B.	Format	1-9
	C.	Key Terms	1-10
1-7	Additional Program Resources.......................................................................1-10
	A.	Relevant HUD Handbooks	1-10
	B.	Other HUD Publications and Information	1-11
	C.	Ordering Publications	1-13
1-8	Handbook Waivers, Key Statutes, and Regulations......................................1-14