[Code of Federal Regulations] [Title 24, Volume 4] [Revised as of April 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 24CFR792.203] [Page 33-34] TITLE 24--HOUSING AND URBAN DEVELOPMENT CHAPTER VII--OFFICE OF THE SECRETARY, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HOUSING ASSISTANCE PROGRAMS AND PUBLIC AND INDIAN HOUSING PROGRAMS) PART 792--PUBLIC HOUSING AGENCY SECTION 8 FRAUD RECOVERIES--Table of Contents Subpart B--Recovery of Section 8 Funds Sec. 792.203 Application of amounts recovered. (a) The PHA may only use the amount of the recovery it is authorized to retain in support of the section 8 program in which the fraud occurred. [[Page 34]] (b) The remaining balance of the recovery proceeds (i.e., the portion of recovery the PHA is not authorized to retain) must be applied as directed by HUD.