General. A PHA must conduct a required initial assessment (which consists of the certification described in paragraph (b) of this section), in accordance with this section, once for each of its developments, unless:

The development is subject to required conversion under 24 CFR part 971;

The development is the subject of an application for demolition or disposition that has not been disapproved by HUD;

A HOPE VI revitalization grant has been awarded for the development; or

The development is designated for occupancy by the elderly and/or persons with disabilities (i.e., is not a general occupancy development).

Certification procedure. For each development, the PHA shall certify that it has:

Reviewed the development's operation as public housing;

Considered the implications of converting the public housing to tenant-based assistance; and

Concluded that conversion of the development may be:

Appropriate because removal of the development would meet the necessary conditions for voluntary conversion described in § 972.224; or

Inappropriate because removal of the development would not meet the necessary conditions for voluntary conversion described § 972.224.

Documentation. A PHA must maintain documentation of the reasoning with respect to each required initial assessment.

Timing of submission. Consistent with statutory submission requirements, the results of each required initial assessment (consisting of the certification described in paragraph (b) of this section) must be submitted to HUD as part of the next PHA Annual Plan after its completion.