[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: 24CFR891.150]

[Page 182-183]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER VIII--OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL 
 
PART 891--SUPPORTIVE HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES--Table of Contents
 
                 Subpart A--General Program Requirements
 
Sec. 891.150  Operating cost standards.

    HUD shall establish operating cost standards based on the average 
annual operating cost of comparable housing for the elderly or for 
persons with disabilities in each field office, and shall adjust the 
standard annually based on appropriate indices of increases in

[[Page 183]]

housing costs such as the Consumer Price Index. The operating cost 
standards shall be developed based on the number of units. However, 
under the Section 811 Program and for projects funded under 
Secs. 891.655 through 891.790, the operating cost standard for group 
homes shall be based on the number of residents. HUD may adjust the 
operating cost standard applicable to an approved project to reflect 
such factors as differences in costs based on location within the field 
office jurisdiction. The operating cost standard will be used to 
determine the amount of the project assistance initially reserved for a 
project.