Participating Administrative Entities

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The Participating Administrative Entities' (PAEs') Portfolio Restructuring Agreement (PRA) and its related documentation are available in pdf format and can be downloaded below. The most recent Amendment to the PRA was produced in March 2007 (listed below):

	Original Portfolio restructuring agreement
	Exhibit 4: Public base fees and other reimbursables
	Exhibit 5: Performance incentive fees
	Exhibit 6: Public entity indemnification
	March 2007 Amendment (zipped file)
	January 2006 Amendment (zipped file)
	March 2005 Amendment (zipped file)
	March 2004 Amendment (zipped file)
	June 2003 Amendment (zipped file)
	January 2003 Amendment -Bonds (zipped file)

PAEs have been selected by HUD through a qualifying process, which drew upon state and local housing finance agencies and for-profit and nonprofit entities with experience in multifamily housing finance. Comments, questions and concerns should be discussed with the project’s PAE.

Public Participating Administrative Entities

Public PAEs are comprised of state and local housing finance agencies selected in January 1999 upon completing the qualifying process. A copy of the Portfolio Restructuring Agreement (PRA) can be downloaded above.

Non Public Participating Administrative Entities

Non public PAEs are nonprofit and for-profit entities contracted by OAHP to perform restructuring on eligible properties in the states not within the state and local housing finance agencies' authorized jurisdictions. Eligible Non Public PAEs are contracted by OAHP after a bidding process for eligible M2M property assignments. Scroll down for a list of all the contracted PAEs. A copy of the Portfolio Restructuring Agreement (PRA) can be downloaded above.

Resources

	Frequently asked questions regarding Conflict of Interest (COI)
	The Final Report on Compliance Audits and Agreed-Upon Procedures Reviews of Participating Administrative Entities is now available in pdf and Word format (March 31, 2004)