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Criteria for determining the Secretary's interest. 


Directive Number: 203.671 


 
It is in the Secretary's interest to accept occupied conveyance when
one or more of the following are met:
 
(a) Occupancy of the property is essential to protect it from
vandalism from time of acquisition to the time of preparation for sale.
 
(b) The average time in inventory for HUD's unsold inventory in the
residential area in which the property is located exceeds six months.
 
(c) With respect to multi-unit properties, the marketability of the
property would be improved by retaining occupancy of one or more units.
 
(d) The high cost of eviction or relocation expenses makes eviction
impractical.
 
[45 FR 59563, Sept. 10, 1980, as amended at 56 FR 46967, Sept.
16, 1991; 58 FR 54246, Oct. 20, 1993]



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