Delegation of Authority to the Director of the Enforcement Center

Zusammenfassung

The Secretary of HUD has established an Enforcement Center to consolidate HUD's enforcement actions. In addition, pursuant to the regulations at 24 CFR Part 30, the Assistant Secretary for Housing- Federal Housing Commissioner has the authority to initiate and resolve civil money penalty actions against multifamily mortgagors and may delegate this authority to a designee. The National Housing Act at 12 U.S.C. 1735f-15(c)(1)(B)(x), provides that among the violations subject to civil money penalty sanction is the failure by an FHA mortgagor to timely file annual audited financial reports. A similar provision is made with regard to Section 202 mortgagors pursuant to 12 U.S.C. 1701q- 1(c)(1)(J). This delegation of authority permits the Director of the Enforcement Center to take enforcement action for violations of 12 U.S.C. 1735f-15(c)(1)(B)(x) and 12 U.S.C. 1701q-1(c)(1)(J), through the initiation of civil money penalty actions pursuant to 24 CFR 30.45.