HUD issued Notice H 2011-30 to provide additional guidance on how the Reserve for Replacements account must be used for properties that have completed a restructuring under the Mark-to-Market (M2M) program. Owners of M2M restructured properties are required to utilize the Reserve for Replacements account as the primary source for capitalized expenses. The notice was issued October 19, 2011 and expires October 31, 2011. To read Notice H 2011-30, click here.