[Code of Federal Regulations]
[Title 24, Volume 3]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR583.115]

[Page 249]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 
        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 583_SUPPORTIVE HOUSING PROGRAM--Table of Contents
 
                      Subpart B_Assistance Provided
 
Sec. 583.115  Grants for leasing.

    (a) General. HUD will provide grants to pay (as described in Sec. 
583.130 of this part) for the actual costs of leasing a structure or 
structures, or portions thereof, used to provide supportive housing or 
supportive services for up to five years.
    (b)(1) Leasing structures. Where grants are used to pay rent for all 
or part of structures, the rent paid must be reasonable in relation to 
rents being charged in the area for comparable space. In addition, the 
rent paid may not exceed rents currently being charged by the same owner 
for comparable space.
    (2) Leasing individual units. Where grants are used to pay rent for 
individual housing units, the rent paid must be reasonable in relation 
to rents being charged for comparable units, taking into account the 
location, size, type, quality, amenities, facilities, and management 
services. In addition, the rents may not exceed rents currently being 
charged by the same owner for comparable unassisted units, and the 
portion of rents paid with grant funds may not exceed HUD-determined 
fair market rents. Recipients may use grant funds in an amount up to one 
month's rent to pay the non-recipient landlord for any damages to leased 
units by homeless participants.

[58 FR 13871, Mar. 15, 1993, as amended at 59 FR 36891, July 19, 1994]

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