Mark-to-Market Program

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf United States federal housing program
gptkbp:administeredBy gptkb:U.S._Department_of_Housing_and_Urban_Development
gptkbp:appliesTo Section 8 multifamily housing properties
gptkbp:benefit tenants
property owners
gptkbp:country gptkb:United_States
gptkbp:createdBy Multifamily Assisted Housing Reform and Affordability Act of 1997
gptkbp:goal ensure long-term physical and financial viability of properties
https://www.w3.org/2000/01/rdf-schema#label Mark-to-Market Program
gptkbp:involves debt restructuring
physical rehabilitation of properties
reduction of Section 8 rents to market levels
restructuring of mortgage debt
use agreements to maintain affordability
gptkbp:purpose preserve affordable housing
reduce federal costs
gptkbp:relatedTo gptkb:Section_8_housing_assistance
HUD Office of Multifamily Housing Assistance Restructuring
gptkbp:startDate 1997
gptkbp:status active
gptkbp:targetAudience low-income tenants
gptkbp:bfsParent gptkb:Public_Law_105-276
gptkbp:bfsLayer 7