[Code of Federal Regulations] [Title 24, Volume 4] [Revised as of April 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 24CFR880.101] [Page 46-47] TITLE 24--HOUSING AND URBAN DEVELOPMENT CHAPTER VIII--OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL PART 880_SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM FOR NEW CONSTRUCTION--Table of Contents Subpart A_Summary and Applicability Sec. 880.101 General. Subpart A_Summary and Applicability Sec. 880.101 General. 880.104 Applicability of part 880. 880.105 Applicability to proposals and projects under 24 CFR part 811. Subpart B_Definitions and Other Requirements 880.201 Definitions. 880.205 Limitation on distributions. 880.207 Property standards. 880.208 Financing. 880.211 Audit. Subparts C-D [Reserved] Subpart E_Housing Assistance Payments Contract 880.501 The contract. 880.502 Term of contract. 880.503 Maximum annual commitment and project account. 880.504 Leasing to eligible families. 880.505 Contract administration and conversions. 880.506 Default by owner (private-owner/HUD and PHA-owner/HUD projects). 880.507 Default by PHA and/or owner (private-owner/PHA projects). 880.508 Notice upon contract expiration. Subpart F_Management 880.601 Responsibilities of owner. 880.602 Replacement reserve. 880.603 Selection and admission of assisted tenants. 880.604 Tenant rent. 880.605 Overcrowded and underoccupied units. 880.606 Lease requirements. 880.607 Termination of tenancy and modification of lease. 880.608 Security deposits. 880.609 Adjustment of contract rents. 880.610 Adjustment of utility allowances. 880.611 Conditions for receipt of vacancy payments. 880.612 Reviews during management period. 880.612a Preference for occupancy by elderly families. Authority: 42 U.S.C. 1437a, 1437c, 1437f, 3535(d), 12701, and 13611- 13619. [[Page 47]] Source: 44 FR 59410, Oct. 15, 1979, unless otherwise noted. (a) The purpose of the Section 8 program is to provide low-income families with decent, safe and sanitary rental housing through the use of a system of housing assistance payments. This part contains the policies and procedures applicable to the Section 8 new construction program. The assistance may be provided to public housing agency owners or to private owners either directly from HUD or through public housing agencies. (b) This part does not apply to projects developed under other Section 8 program regulations, including 24 CFR parts 881, 882, 883, 884, and 885, except to the extent specifically stated in those parts. Portions of subparts E and F of this part 880 have been cross-referenced in 24 CFR parts 881 and 883. [61 FR 13587, Mar. 27, 1996]